Thanks AussieRogue,
A bit mysterious though.

Could the real leigh mathews please step forward?

I’d love to give you $1,000!

Too good to be true? Nah, Devine just want people like me to go about the place doing their selling for them. $1,000 for a closed deal on a referral is cheap advertising.

I can imagine that once I’ve settled I’ll be somewhat biased toward recommending Devine on the basis that I’ll get $1,000 each time someone goes ahead an buys.

Oh and if…[Read more]

Hi,
Firstly, don’t be afraid that the bank wont lend you enough, be afraid that they’ll lend you too much! [blink]

More important is to do up a budget and figure out how much money you have spare each week (or month). This info is largely part of you loan application anyway. But the good thing is it lets you see how much debt you can carry…[Read more]

Oops it’s slipping down the list a little. 71 readers and still no name?

That’s ok, I’m patient.

33 readers and not one knows someone who has bought a Devine home and wants $1,000?

You can email me if you like.

Also, I’m bumping this up.

Heck one could make some money being a Devine referer [biggrin]

Hi,
I’ve faced the question of buy or invest just recently. And what the equation comes down to is: Can you buy a place to live in that costs the same as or less than rent? If you work out how much you would be out of pocket by renting and investing (or in pocket as the case may be) compared to living in your own home you know the answer.

EG:…[Read more]

$50k can be the start of a beautiful business no doubt. If it’s just paying the rent that’s your concern and you think you can deal your way into greater cash (but still need money to pay the rent) then you might consider NEIS (New Enterprise Incentive Scheme).

Essentially you go to Centrelink and register to go on NEIS. They tell you when the…[Read more]

If the lease is expired then you are on a month to month lease.

In this time you can give 28 days (or maybe 1 calander month) written notice that their time is up. Then I think you can serve them an eviction notice which means they have 2 weeks to vacate. If they don’t by then you can march them and store their stuff for 1 month.

If you can’t…[Read more]

Hi,
In my mind I see $50k as being a lot of money, but also a very small amount of money.

On one hand you would have to work hard in a 9-5 job to earn that much in one year and many (most?) take 2 years to have earned that much let alone saved up that much. On the other a 10% return is only $5k / year which might be enough for your groceries, but…[Read more]

Not being a tax professional at I will add my experience in reading tax law for my own uses…

This sounds like a strategy you would want some serious pro help on to check it’s legality. What you are essentially doing in this situation is borrowing against the equity in an IP to pay down your PPOR and claim tax deductions.

The old trick was to…[Read more]

I’ve looked into this sort of thing:
1. You can’t get a mortgage because there is no land title transferred. Thus you can only get personal loans = high cost of finance.

2. No capital growth because of point 1 and depreciation on relocatable home. ie everything just loses value.

3. Rent must include GST as they are not considered…[Read more]

The first thing that comes to mind is at least get a free initial consultation with a financial planner to see what they can do for you.

Second thing: Finance can be gotten if your husband works full time and you can show you have spare income and enough equity (your redundancy package for example).

Work isn’t hard to find if you don’t mind…[Read more]