Harro,

How much a you planning to spend on each of the 7 properties?

Jo

Panicking?

0.25% on an average $100K loan would equate to about an extra $5 per week, if I have done my homework correctly.

If people feel “shaky” over an extra $5, then they really need to review their spending!!

Jo

Originally posted by Derek:
Hi Globetrot,

Selling within 12 momths will make you liable for 100% CGT and as such any sale should only be considered after 12 months + 1 day have elapsed.

Ofcourse, thank you sooooooo much Derek (I knew there was a very important point I was overlooking)!!! [blush2][blush2][blush2]

Brendon, if possible, please…[Read more]

Hi Brendon,

Just a quick question, you said the villa is 8 months old, is that it’s actual life, or is that how long you have owned it????

Either way, my suggestion (and it is by no means the best option) is to hold the villa a while longer yet, for 2 main reasons:

1. The market is in a bit of a lull right now,
and you may not achieve the best…[Read more]

Minimogul,

1. I did not take offense to your “sad” remark.
2. There is some truth to your analysis of my writing.

I do believe that you can make money and still be moral in your actions (at the same time); I know, I have done it…LOL.

The bias that you refer to is not entirely the result of internal conflict as you outline. Although, I do…[Read more]

Originally posted by Misty1:
Gee Monopoly,i dont think it was such a silly qu. that i needed ridiculing! Thanks Kay,that was a very informative & much appreciated answer.

Misty,

Sorry if you took it to heart…my comment was not intended as a form of ridicule. I was just trying to see the lighter side of what can be a gloomy outcome (i.e.…[Read more]

Hi Nathan,

Sorry to hear about your direct debit issue with CGU; hopefully you will manage to stop it, and organise insurance, maybe as a “pay upfront” method without the need to give out banking details.

Anyway, one thing no-one in here touched on….

You said that all of this happened while you were setting up your (home?) loan; perhaps…it…[Read more]

Congrats Minimogul,

I always enjoy your posts, especially if they are to set me straight!! LOL

Keep up the good work (posts and IPs…well done) [jerry][jerry][jerry]

Jo

Oh Misty,
[lmao][lmao][lmao]

I just love this question !!!

Well that depends on how the member’s feel at the time of their meeting; if they got lucky the night before, rates should remain the same, but if not, we are the ones they are going to f… [worried][worried][worried]

No seriously, it depends on what is happening in our economic market…[Read more]

Hi Joni,

I am assuming you are looking at buying a section (of land??), build on it, then rent it out as your IP.

Why???

Building can be far more expensive than buying an established home, but it depends on where you are looking at doing this…it may vary from one place to another.

My advice would be buy established IPs (much cheaper) and all…[Read more]

Originally posted by lifeX:
Monopoly,
You have mentioned a few times your friend who read books and went broke.
I have read “catcher in the rye”, does that mean i will kill the american president?
Horses for courses babe.
[pimp]

lifexperience

Hi LifeX,

No, I think the president can rest assured!! LOL I agree, absolutely “horses for courses”…[Read more]

Thank you all sooooo much….

I really enjoyed reading each of your posts. You are all are great bunch…and this is reflected in your comments.

I did not feel I was being “pounced” on (not in a nasty way, anyhow..LOL), and thoroughly enjoyed reading the diversity of people’s opinions.

Now, what did I do at this auction??????????

I stopped…[Read more]

Hey guys……chill out!!!!

Let’s get it straight, especially you Minimogul, it is not sad at all; I do not assume that Making money equates to not having morals; I resent that!!!!

I have made money, and believe me, I still have my morals in tact!!!

I will reveal what I did later, but for now, can you manage to just think outside the square and…[Read more]

Minimogul,

I am specifically referring to oz. I have absolutely no doubt that NZ has CF+ properties which are located on waterfront….after all, NZ is surround by water is it not????

I was more curious to know about those here. Can you think of any? I’d love to know.

Jo

Originally posted by Chan$:
Monopoly,

If you make mistake in your posted then you can edit it using the edit button on the top right corner of your posted.

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

Thank you….cool; now I can delete the double ups etc [biggrin][biggrin]

Jo

ChanS,

I agree that would be the best thing, however I have on several occasions approached RussH through PM and he has chosen to ignore me. Either because he feels intimidated or because he is just plain rude; either way, the choice is his.

I am happy to be polite, and do not make it my mission to attack anyone, but on this occasion, RussH…[Read more]

Originally posted by Pisces:
>>………… as to whether you should act in a moral or business capacity?<<

Jo, what are you saying there ?

The two aren’t mutually exclusive. It isn’t a case of one or the other.

One can look at something in a business manner and it doesn’t have to be necessarily immoral.

Pisces

True Pisces,

but the…[Read more]

Originally posted by Pisces:
>>………… as to whether you should act in a moral or business capacity?<<

Jo, what are you saying there ?

The two aren’t mutually exclusive. It isn’t a case of one or the other.

One can look at something in a business manner and it doesn’t have to be necessarily immoral.

Pisces

True Pisces,

but the…[Read more]

Originally posted by RussH:
A low doc loan means low documentation.They charge a higher rate of interest because the risk of giving you a loan without knowing your income is a lot higher.It has nothing to do with being an investor or investment type loan.
One would be foolish getting a loan without knowing if they have the ability to service it in…[Read more]

Well here goes Goldie, (for what it’s worth)

First of all, make sure that the rent you pay is less than the rent you receive from you former PPOR (that is, the house you are leaving behind). That is very important, at least it puts you in front before you’ve even started considering any investment opportunities.

Following this, look at the pros…[Read more]