Total Members: 158,729

robo

  • robo replied to the topic What is your business? in the forum Help Needed! 17 years, 11 months ago

  • robo replied to the topic building a house – sudden variation $$ required? in the forum Help Needed! 17 years, 11 months ago

    A variation is something that has occured after you have signed the contract, if it is in the contract it should be already listed and priced in the contract. Say you wanted the driveway done in the price, it would be in the contract when you sign it, including the builders % charge. If you want the driveway done after you sign the contract it…[Read more]

  • robo replied to the topic Home Owners Warranty / Retired Builder options in the forum Help Needed! 18 years, 2 months ago

    The whole idea of HWI is if the builder dies, goes broke, retires that the insurance company will have the problem fixed. Thats what I thought, if not what is the point in having it.
    I could be wrong though?
    Robo
    It is a good question? Are you a retiring builder?

  • robo replied to the topic Is anyone doing it tough? in the forum General Property 18 years, 2 months ago

    Hi Bruham,
    Could you go into a bit more detail about your thoughts on using equity in PPOR to buy more IP’S.
    What should you do if you have equity but no deposit?
    Doesn’t the bank own your PPOR if you have a mortgage anyway?
    thanks
    Robo

  • robo replied to the topic Is anyone doing it tough? in the forum General Property 18 years, 2 months ago

    Won’t all it take is a interest rate rise next week or next month to slow the spending down. Interesting to hear that in the retail secta the first business to slow down are the mens clothing shops, maybe we should be asking them how things are going?
    If rates do go up and there is is the big R won’t those with the most debt be hit hardest good…[Read more]

  • robo replied to the topic Is anyone doing it tough? in the forum General Property 18 years, 2 months ago

    1. Love my plasma and austar box especially during football season. Cheaper than eating out and going to the movies can’t do it anyway with 2 little kids.
    2. Why pay upfront when you can get 4 yrs interest free, i know you pay more but over 4yrs? Especially when self employed money can be used in other areas.
    3. Nothing wrong with a car lease if…[Read more]

  • robo replied to the topic Should I sell our family house and realise 750k? in the forum Help Needed! 18 years, 2 months ago

    I would hang in there until the kids finish school, tighten the purse strings pay down the PPOR, maybe another IP, then see how things look. Then again i am not you. All said and done i would do what is right for my immediate family. The rest of my family and friends can all take a running jump. As far as Private schools go i was not keen when…[Read more]

  • robo replied to the topic When Does CGT Cut In? in the forum Legal & Accounting 18 years, 2 months ago

    Option E. I thought 12mths and 1 day from the exchange date.
    Robo

  • robo replied to the topic Second toilet or bathtub? in the forum Value Adding 18 years, 3 months ago

    We have IP with 2 showers , 2 toilets and no bath. Never a problem with getting tenants, have always been familys with kids.
    Robo

  • robo replied to the topic Cash Offer in the forum Help Needed! 18 years, 3 months ago

    This is what happenened with the last IP we sold, had it on at 245k, 2 weeks in 2 offers 1 from people buying PPOR for 241k, 1 from investor 240k, silly me takes the 241k, the agent lets them fiddle around with inspections/finance for over 3 weeks. When i gave them a dead line to exchange they pulled out on that day. In the mean time the tenants…[Read more]

  • robo replied to the topic WHAT TO DO?? in the forum Help Needed! 18 years, 4 months ago

    Hi.,
    There is a lot for sale around Coffs at the moment, prices have definately dropped. I wouldn’t be rushing in. There is always plenty of units around. A house for 220k though is harder to find.
    Robo

  • robo replied to the topic I’m about to slash my wrists… in the forum Help Needed! 18 years, 4 months ago

    Hi Andy,
    Sorry to hear about your predicament, although you will only lose 75k if you sell, can you afford to neg gear it and maybe rent something cheaper? Most people that bought a PPOR in 04 would be in the same boat if they were to sell now. We are building a new PPOR and for sure the valuation would be less than what is has cost us but we are…[Read more]

  • robo replied to the topic Perth Pricing just Stupid! in the forum Help Needed! 18 years, 5 months ago

    Where is Perth?

  • robo replied to the topic Claiming Interest on PPOR? in the forum Legal & Accounting 18 years, 5 months ago

    Thanks Simon, that’s what i thought.
    Robo

  • robo replied to the topic Martin Ayles in the forum No Subject 18 years, 6 months ago

    Try au on the end.

  • robo replied to the topic Martin Ayles in the forum No Subject 18 years, 6 months ago

    Hi Martin,
    I would like to know when starting out any tips about how do you compete with builders and developers in the area that can build alot cheaper.
    thanks
    Brett

  • robo replied to the topic Re-build, renovate or do something else? in the forum Value Adding 18 years, 6 months ago

    If the old place is not worth a reno, i would live in it while you build a new one at rear, then move into it ,then move or knock down old one, build another new one at front, sell new one at rear and move into new front one.
    robo

  • robo replied to the topic Martin Ayles in the forum Value Adding 18 years, 7 months ago

    He has a great little book called You need a Rocket, i sent him a email asking where i could buy it and he sent it to me for free which was pretty impressive, not so much about property but taking action, well worth the read.
    Robo

  • robo replied to the topic Vinyl Cladding in the forum Value Adding 18 years, 7 months ago

    Hi Shawn,
    We prefer to use Aussy made, if you give the customer the option they usually choose the Aussy unless their is a colour they like better in the canadian. the vinyl is thicker and the trims are stronger plus if you have a problem you can go direct to the manufacturer in sydney, canadian is imported by a distributer and could be a drama if…[Read more]

  • robo replied to the topic Vinyl Cladding in the forum Value Adding 18 years, 7 months ago

    There is a couple of better quality Australian made vinyl claddings available.
    Most people clad their home because they don’t want to keep painting it. Depends on the condition of the w/boards but i have clad w/board homes for not much more than the cost to paint. everyone has their opinion, we have clad over 1300 homes in the last 13 years and…[Read more]

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robo

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