I’m not an accountant, but I reckon it would be all clear 100% on the first one, but not on the second and third ones if you’ve rented them out… the ATO would work out some sort of percentage payable depending on how long you had tenants in there (for the 2nd and 3rd one)

I do know you can only have one place as your PPOR at a time… if you…[Read more]

actually, why do so many here seem to think that Steve should offer his knowledge as some sort of charity? If he can make a quid out of it, good on him… I’m sure if many of us were in his shoes, we’d do exactly the same.

cheers
r

um, weren’t a lot of Henry Kaye’s charges more around the 5 figure mark? I haven’t seen Steve charge anything like that… I think $1200 is quite reasonable. Besides, if people are willing to pay money to go, I think Steve and Dave can charge what they like… isn’t it all about supply and demand? Some are willing to pay $1200, some aren’t… but…[Read more]

I fixed 5 yrs at 5.99 with Bank of Melb in May last year

Hi all,

I was waiting for Bill to give his reply before calling a close to this thread. Thanks Bill. I think we should all finish up with this issue, because all sides have had their say.

For what it’s worth, Bill, I just wanted to see your explanation of things… it’s clear you do have an excellent knowledge of the real estate market, but my…[Read more]

Hi Bill

I’m young (29), and never claim to be expert at anything, but I’m certainly not a novice, even though I enjoy learning new things.

I’m not in denial of 40/60% returns… I took an educated punt a couple of years ago and more than doubled 30k into 75k in the Asian markets, took my cue and left the building just before it all went to s__t…[Read more]

I think this thread has run its course

Jan Somers – More Wealth from Residential Property.

I’m told they were scouting Rockhampton for a place on the Fitzroy River…

who was your mum kay?

actually, why don’t you say, come up with an area, and then come back with some questions about that area? There’s been stacks of areas mentioned if you could be bothered going back through old posts…

cheers
r

Fat Tony, why should they? Of your 5 posts to this point, a few have been in relation to people telling you where to invest. I suppose if someone tells you where to invest, your next questions will be “what’s the vacancy rate” “what type of property should I buy?” etc etc… seek and ye shall find… do the hard yards yourself, and you’ll be much…[Read more]

if you find a deal where the numbers stack up and you keep your sleep at night factor after doing all necessary research etc… why wouldn’t you go for it? Just because someone, or the media, says property isn’t a good idea right now? Is the glass half full or half empty? it’s obviously harder now, but far from impossible. Just be careful, learn…[Read more]

why the saracasm fat tony? why don’t you offer a few suggestions on location? as far as I’m concerned, you can keep your sarcasm to yourself, because it doesn’t add much to the discussion.

cheers
r

Hi guys,

Thanks for all the kind words… sometimes I think I spend too much time on this forum, but it’s time well spent (most of it, anyway)

Cheers
r

no tomorrow, yes in march

hi brent

my other reply was a bit harsh, so I apologise. I paid it back as soon as my salary enabled me to… I wanted to get rid of it quickly, and I’m glad I did. As I said earlier in this thread, SIS intends to pay his back, as I’m sure Chan does, so it’s all good.

cheers
r

brent2

not sure if you’re intentionally being ignorant, or maybe you can’t help it, but there’s several degrees in journalism.

Mine was completed at RMIT University in Melbourne with a major in political science.

r

hey brent, I finished my journalism degree in 1994… Gough got the arse when I was 1 year old… I’ve paid back my HECS debt so I can say whatever I like about the matter, on whatever horse I want.

cheers
r

now come on kay, of course all the little women should just be baking pies for the menfolk so there’s something warm on the kitchen table when the husbands come home from building their empires before the females fulfil other “wifely” duties. []

Hang on, now I’m the one who’s being old fashioned… []
cheers
r