I was under the impression this was a residential tenancy.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

ANUbiS,

I was actually hoping you were not inferring what it is you seem to be inferring. I guess you are.

No problem!

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Kay,

I have not found a degree that I enjoy enough yet.

Thanks Curtis but I think I will stay away from racing. It would be a bad move for me.

Baloo, what the hell are you going on about???? What website that details how to survive in the workplace without doing any work??? I am a workaholic! By the way, I am not looking for work in IT.

As for…[Read more]

I have restricted my search to online. Maybe that is the problem. Thanks for the info though.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Don’t like your chances regarding the water bill. I have never known a tenant to pay this.

The bond should cover a lot of what is owed. The rest should be recoverable through the Tribunal if it can be proven that the rent is owed and the repairs were not required before the tenant moved in. They are pretty reasonable in the Residential Tenancies…[Read more]

I say a definitive YES.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

You do realise that was a joke don’t you?

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

If you stop negative gearing, apart from the ass end falling out of the property market, you may as well cancel deductibility of business expenses. Talk about a step back to the dark ages!

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

dmichie, I never said the Australian market was not in a downward trend. I just don’t believe the bottom is in China like you do. A trend is also very different to bursting bubbles.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

You are forgetting those with bad credit history, cash income without the ability to verify the source, non-residents, students, and the list goes on…

There is always a rental market.

In answer to your question, these properties do exist but you need to know how to find them. Look around the forum a bit more and you will also find alternative…[Read more]

No, it was me being serious.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

I would be interested to know the LVR required and whether payment is due at contract date or completion of the construction.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

It is very much in a broker’s interest to sell interest only loans as their trailing commission is based on the outstanding loan amount.

Having said this, I always push interest only loans with offset accounts for various reasons. If someone has non-deductible debt, the reason is obvious. If someone has just investment properties, they have the…[Read more]

However, JP Morgan said “it would not be a recession-generating event”, and this writer agrees wholeheartedly.

I wish that there was an ignore facility on this forum because the amount of negativity coming through is disheartening. Always being negative is just not the trait of a successful investor in my opinion.

Risk profiles differ greatly…[Read more]

Originally posted by BenedictJ:
Hi Robert. You made the comment that you are getting out of property? Is this because you feel you money could be working for you harder somewhere else…? Care to expand upon this any further?

I am getting out of directly owning real property. That does not mean I will not hold property in other ways.

I have…[Read more]

Originally posted by dmichie:
So if you’d bought Microsoft, Intel and Cisco (all blue chip companies) every month from say April 2000 until April 2003 you’d be ahead?

I couldn’t tell you because I do not have the charts handy nor could I be bothered checking. But I can say that if that is all you bought, you should get out of share…[Read more]

Originally posted by ANUBIS:
Is it just me or is there a lot of genitalia measuring going on between some of the roosters on this site of late?

I do not recall seeing much of this. Do you have any specific examples?

Just for the record, everyone knows mine is the biggest!!! [baaa]

Robert Bou-Hamdan
Mortgage…[Read more]

It is also not the cheapest Low Doc. Be wary of the interest rate!

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Seriously dmichie, how many doom and gloom threads do you want to start?

You are starting to remind me of Neil Jenman – ALWAYS NEGATIVE!

No-one is doubting the economy is slowing. Many of us just don’t believe it is going to implode as you seem to think. If you are that worried, stay out of the market and let others do what they want to…[Read more]

Don’t listen to the doom and gloom crew. They are talking down the market so they can get better prices.

There are bargains to be found in every kind of market. Just keep looking and you will find something that is suitable. Buy when you feel comfortable that you have bought something at a good price.

Robert Bou-Hamdan
Mortgage…[Read more]