I get the point, but a office chair?. Hope it was leather?
Robo

We pay for everything on Visa, personal and business, do an Ibank transfer on the due date, thank you, 10,000 plus points per month.
Love the plastic.
Robo

Hi Mortgage Adviser/Broker,
Will the bank let you have a offset account if your main account is a business account, or would you have to take surplus out of business account into a offset account.
Thanks
Robo

Thanks for the input. Nobody has mentioned giving it to AMP Super man. My thought was, He would get 4.5%, tax man 15%. kiss goodbye to 2k, just to get a 10k tax deduction. Also I have lost control of my money, and have to trust him to do something good with it.
Mortgage Adviser,
Is a offset acc the same as a mortgage I can pull the 10k out of if I…[Read more]

Well said Kay,
My father use to tell me if you don’t work you don’t eat, if you don’t eat you don’t s…t, if you don’t s…t you die.
RK isn’t exactly lying on a island in the maldives
365 days a year.
Robo

When interest rates go up to 10-12%, won’t most + geared IP’S become negative anyway.
Robo

http://www.bestclad.com.au

Hi Guys,
Do you think these ideas would work with adding a reverse cycle air con? House is in Coffs and has no heating or cooling.
Robo

http://www.bestclad.com.au

Hi Kay Henry,
Yes we did buy the house exchanged yesterday. If it becomes a problem I will change it around. Prefer to rent it to couples or singles anyway. I have little kids so know how they trash a house. Any way I worked it out I havn’t had a bath for 10 years.Sorry I forgot I had a spa bath on my honeymoon. [cap]
Thanks for all the opinions…[Read more]

What happens when interset rates go up to 10-12%?
Robo

http://www.bestclad.com.au

Hi kay henry,
Do you do interest only or P&I on a – geared property?
Thanks
Robo

Hi Smenkhare,
There is heaps of fibro houses around that are not ex housing commission. If you know the area you will know if they are.
I love fibro.
Robo

http://www.bestclad.com.au

Hi Scott,
Sounds to good 1/2 an acre on the beach, is it a surf spot?
Robo

http://www.bestclad.com.au

Hi Jo,
If you are thinking development down the track, I wouldn’t be worried about an extra 10k now. I would offer him 275k first though.
My latest purchase they wanted 330k, I offered 270k, they settled on 300k. Same though I can develop later, I probably would of paid an extra 10k.
Robo

http://www.bestclad.com.au

Hi Andrea,
I have 1 ppor and 1 ip and are about to buy another ip in Coffs. Like elsewhere prices have doubled. Talking to agents prices have levelled and they believe we have only been playing catch up to our neighbours Port Macquarie and Ballina. The agent is saying 8 – 12% over the next year. Spoke to a valuer who also said the same. This is…[Read more]

Hi Derek,
What do you mean it may apply in my area but not everywhere?
Robo

Hi Sue,
If you are going to sell wait till you own land for 12 months and 1 day. You will only pay 50% capital gain. If you built for 180k, owing 200k can you get $400 p/w rent. Where are you?
Robo

Hi Mortgagehunter,
Yeah thats what I was thinking.
Thats why I did IO on my other IP. I will Quiz him on that. Thanks for your thoughts.
Robo
http://www.bestclad.com.au

Hi Mortgagehunter,
Answer to your qyestions.
1. 178k on own home.
2. Havn’t asked him yet.
3. Yes
4. Who knows? Nab Mortgage choice package, same as other IP and PPOR. No cost.

Thanks
Robo

Hi Rebecca2,
Just keep in mind all these coloured driveways you see have to be sealed over the colour and continually sealed at least vevery 2 years. Also they show up stains easily.
Robo

Hi Rbecca2,
To be blunt concrete cracks even new.
My advice would be leave it and put up with the cracks or rip it out and start again and wait for the new cracks.
Robo[comp]