In regards to my “angle”, simple, offer great personal customer service, as well as the lowest price and delivery prices.

My quality will be the same as any department store and for a fraction of the price.

Im in korea now buying my first order, and im pleased with what i have seen thus far.

I have researched the…[Read more]

Have you been to Dubai?? i would take a trip out there to see the city for urself before you make any financial decisions.

I wouldnt buy in Dubai.

I kept most of those details private as i only wanted to discuss them with the brokers direct. (also that my situation is quite in-depth and needs a bit of explaining)

I have had a few people contact me, and im discussing my options at this point in time.

Thankyou

Jason

I was glad i called in for the assessor. the property was 5 hours from home and if i kept it under 5 grand that would mean i would have to handle the repairs personally.

if u use an assessor they would want to see a lease as well, so if its…[Read more]

i remember reading sumwhere that the maccas in moscow was the one that sold the most burgers???

then again i could be wrong…..

ill ask google, google knows everything!

cheers

jason

I personally think Dubai property will crash and burn very soon… i wish i could fully make you understand how fast they are putting up sky scrapers there.

one development underway will have 40 (yes 40) hi rise apartment towers as well as business centres and the usual shopping facilities.

this one…[Read more]

Parents r putting in building aplication now for a 40sq 2 story house in semi rural area with a major builder. the steel was 5 grand more then the tiles…

Jason

Decided to just leave it there… it will get used up anyway with purchases…

Jason

PS..Got to love the points
PPS.Yes Rome is a seedy place, happens all the time

I believe you hav mis understood my situation. My credit card is in actual fact “in credit” to the amount of $2000. ie, 26K credit limit with 28K available funds. I hope this clears it up…

I have never paid a cent interest on a credit card in 3 years, in fact they are in themselves a chashflow positive investment if used…[Read more]

Yeah the extra few % return makes it worth while. ill get onto the accountant anyway

Jason

Not Knowing what a “stop order” was i got a bit worried that one of the companies i was using was in huge trouble…. so i looked up what you were talking about…

Is the Fed 2005 article referring to what happened towards the end of 2002??? as far as i can see it was just a problem with the wording in the…[Read more]

MFS
Citypac
Fincorp

add a www. b4 the names and a .com.au after the names… i think that should take you to the sites…

Been using them for a few years now and havnt had problems, MFS had a special deal a few months ago, 9.5% for 12 months (could have been 9%) interest paid monthly…

Thats a gr8 return in anyones language

Jason

I…[Read more]

Some info about rates of return…

Why would i choose ING or Bankwest when im getting 7.5% AT CALL from an Aussie company????[baaa]

And over 9% for 12 months term when compounded….
[thumbsupanim]

Cheers

Jason

Reading over your post, i was thinking of asking the a few of the same questions down the track..

I have lived in a share house (19 rooms) in the eastern suburbs of sydney for just over 2 months now and really enjoy it, in fact i will consider looking into buying my own in the near future depending on how the market is going and my…[Read more]

Thankyou for your replies thus far. Some background to my question…

I live in Syd, And the IP in question is some 5 hours away. After 5 years of dealing with investment properties i have had my first tennant to fall behind in rent, trash / damage the place leave a mess and do a runner in the middle of the…[Read more]

Thanx for the reply, im keeping my cheque book well locked away..if i get a feeling that a place is sus’ then i won’t bother…

And ppl wonder why some agents are not highly regarded…

Jason

7.5% at call, same set up as ING however not as well known.

citypac.com.au

Just reading over this post, it seems i have also made a big doo doo.

This is what i did……..

Re-financed a few IP’s into an interest only set up, locked for 3 years. no money in, none comes out. however I got access to the refinanced money, and deposited it into the loans of a few other Ip’s where the loan was P+I,…[Read more]

Where do i start?

One of my many jobs is working at the local supermarket nights. We are told every night “DO NOT SERVE ANY CUSTOMERS” as we are ‘fillers’ and its another persons job…

Bull__it to that… i serve as best i can, well above the call of duty, as each case is different. but……

Anyone who has ever worked at a…[Read more]

I get this type of email all the time. Of course its a scam. but.. im ohhhhh so tempted to one day reply to them all with a new bank account that has 50 c in it to see what happens [baaa] lol

cya

Jason

Im just reading your post and peoples responses, am i to understand that you dont have a spare $2000 lying around?

Are you getting yourself in tooo deep with this first purchase?

What if the loan was correct, but god forbid one of u had an accident or the car dies and u need one asap for your job??? i dont think that u sould…[Read more]

The term Bora probably means Borer, an insect or grub that eats “Bores” through wood or tree branches i guess termites / white ants are a type of Borer.

Jason

I Put stuff on Lay by just last week actually.. why??? caus i walked to work, saw some bargains i just couldnt resist and didnt have the 7 hands i would have needed to carry em home at midnight… so i was pretty much paying 55 cents as a storage fee (floor pollows, and a whole lot of other manchester items )

As for credit…[Read more]

Is the surface really fough and crumbly??? i will be attending to a unit soon that has a finish on the ceiling that looks like sprayed on cement… rough to the touch, and easily crumbles and falls to the floor, or in your eyes when anything rubs against it. I have been told that this product may have asbestos (ie…[Read more]

A good idea i found, when trying to work out expenses and travel for IP’s is to buy everything possible by card. That way the info is usually kept by the bank as well as yourself, and its good for working out where u were on specific days.

but im sure if u do get audited, i need a proper recipt as proof of what you bought, not…[Read more]

In term of Members Equity, i used them for a purchase and 2 re-finances (2 days b4 the first rate increase YAY [thumbsupanim] and they were great to deal with…

however, when it comes to working OS, i dont know, is it long term or short term, perhaps they will ask for proof of employment when u return in advance ie when doing…[Read more]

How bout the treatment of high earning long term casual workers from most lenders??? or the ridiculous and often contradicting lending criteria that has been around for 30 years???

Also, i would like someone to explain how working “full time” for a few years before u get your 30 year loan is a guarantee that it will be paid…[Read more]

It will show as an expense in the strata’s anual letter they send u showing profit and loss, repairs etc etc

Cya

I work 3 jobs, all taxed, etc etc etc… my advice is if u want something hard enuf, then u will do all u can to get it, (thus my 3 jobs)… hmmm change ur tax forms so that ut highest paid job is ur “first job” (Q 11 if memory serves lol)

However, i worked with a chap for a while who claims he had solved the…[Read more]

I think u should hold off trying to save to buy an IP at the moment. If u hav fallen behind several times in your repayments then perhaps ur credit rating is also damaged.??? (just thinking aloud here)

Do what any business (and myself) would do when in financial strife, Minimise all expenses, maximise income (get a second / 3rd job) and…[Read more]

$600 can buy alot when it comes to a freshen up of the bathroom or kitchen, so i think the pool should go.

I had a pool at my place, and it was above ground with a plastic liner. wen the pump finally gave in, it sat there for a few years, going green. I got bored one day and threw in 5 small Commets and Koi that cost $1.00…[Read more]

Sorry to hear about your selling problems. A friend of mine who works at an agent at Campbelltown told me of this problem 5 months ago, her boss over predicted the probable selling price on newly listed properties just as the interest rate hikes hit and the boom was softening… he wasnt all that popular with his sellers she was…[Read more]

At times i do find this, and as u say, i hav learnt to keep my big mouth shut, depending on the company of course…

A person at a high class $500 a head dinner won’t think twice to mention their new ferarri is being built, because the company they are in is used to wealth and money, but when ur a normal working class person, who…[Read more]

Agree with all u hav said, its happened to me many a time, most common was the higher rental then usual promise (family once again lol), the promise that a lick of paint and a mow of the lawn will add X thousand dollars to the value (so why doesnt the vendor do this … dahhhh???) lol…

“where are you from” …. geeze this…[Read more]

Not to step on your toes, but i think you would be hard pressed, if not impossible, to find a car in oz that averages only 5000 km per year…

Yikes Greenhorn… thats a shite load of work for a car with so little km / years under its bonnet…

So how did u go Jaffasoft??? i hope u hav found a van for the price u wanted to…[Read more]

Yeah i “camped out” in the living room of a property i hav 5 hrs away from home for 2 weeks … so my advice to you would be:

1) arrange electricity connection a few days b4 ur due to start if its cut off.

2) Get online at yellowpages.com and print a sheet of paper with at least 5 of each of the trades you may need, then also…[Read more]

Good response none the less Kay

Avagoodeaster

Jason [cap]

BTW i would prefer a larger bedroom to a kitchen, but now for my question on similar lines…

i have an older style 1 bedder, with an enclosed kitchen that leads off the loungeroom. the walls are all solid brick and its a top floor unit. wen i do my reno, i was thinking to lower the wall seperating the kitchen…[Read more]

Seems the email account is over its limit… so its saved for another day lol
(so for the moment im guessing no 1 will be able to send anything…)

Jason [baaa]

I think you need to pay close attention to the work being done, ask to be present, and give firm instructions to your agent that u must be called before any work is to be done at all, as long as its non urgent of course.

Ask for 2 quotes, offer to take care of the payment yourself, better still organise the quotes yourself,…[Read more]

I remember looking into Queanbeyan 3 or 4 years ago. price of a 1 br unit, $19-20K price of a 2 bedder, usually under $25K… how things have changed!!!

Now i havnt been there looking at property, but from what i can gather there is a huge over supply of units there, thus the previously mentioned low prices… so u may be…[Read more]

I have no problems at all with parents helping children buy their first property, mine did the same, and i would do the same to my kids some day. (just in case it seemed that way in my first posting)

If my son asked to borrow money for his first car, and he drove home the next day with a new BMW i wouldnt be happy.

Same with this…[Read more]

“Im sure most of the successful members on this site are past all the shitty little +ve CF country/small properties,”

This statment is very naive, if u want advice i can tell u that my success has come from these exact properties. I dont know if u hav any IP’s as yet, but perhaps a “cheap” “shitty” country place is a good…[Read more]

I personally think that young couple in the story who needed to borrow 10 grand from their parents are very foolish, they had 36K between them, and needed the extra 10 for a deposit on their…[Read more]

My Brother is an electrician for MERITON and they are pretty much stopping or slowing down all new development works in Sydney areas and moving up to QLD. Somthing about the Qld government not wanting any money out of em for their buildings i think (perhaps the Comunity Contribution???)

He only told me this a few days ago actually,…[Read more]

Sounds good.. lol i would love to go! I hope they have show bags with lots of free sample Ip’s and DA’s lol…

My diary is as follows:

Friday, Meeting with John Howard, he wants to talk to me about that money i lent him last year [baaa]

Saturday, from 9 till 5:30 pm i teach yr 6 kids the joys of advanced maths [cap]

Sunday,…[Read more]

Hmmmm Advice for Newbies?? perhaps start by using this site lol!! start off small, buy cf+ if possible, stay at home with mum and dad as long as possible, do your research, never over commit to anything, always have some cash in reserve for rainy days, watch where your money is going, surround yourself with people “in the know”…[Read more]

I understand what your saying, But if you secure several investment properties over time, the value of the first properties secured will increase, while the loan decreases, depending on the structure of your loan.

You should also always have a “plan B”, mine is to sell off 1 or 2 properties should i ever get in a spot of…[Read more]