Congratulations wallflower, that truely is a special event.

Leigh K[biggrin]

Shaun

You sound like a real giver!!!! What a guy!

Cheers
Leigh K[biggrin]

I think that it is really important for you to know the realistic price for your property and don’t rely on the agents figures.

We put our last property on teh market to auction but never intended to go to auction, the auction date gave us a finish date for the property to sell and gave the agent some leverage with prospects that “…if you don’t…[Read more]

What wonderful stories, it is haertening to see others think about what they can do to make a little difference.

Shaun,

Just because you can’t see the effect you don’t know what ripple you might have created by helping in a small way.

My little thing recently was to send an email to a friend to give her encouragement for a goal she was trying…[Read more]

Yorker

Who is “us”?

Leigh K[biggrin]

This was not my experience, it was a story recently sent to me …

At a fundraising dinner for a school that serves learning disabled children, the father of one of the students delivered a speech that would never beforgotten by all who attended.

After extolling the school and its dedicated staff, he offered a
question. “When not interfered…[Read more]

Just so long as you aren’t looking at it from the wrong angle and that you keep in mind that good deals are made and not found.

Cheers
Leigh K[biggrin]

Good on ya Steve

I didn’t realise that you were so close to finishing it.[thumbsup2]

Could you please clarify is the can the bin or the loo![blink]

And congrats to Jules as well she gets her hubby back at least until the launch.

I’ll see ya in Sydney for the launch.

Cheers
Leigh K[biggrin]

Hi HotRod

What sort of costs would you have been looking at to repair the said issues and how would that have affected the yield.

Cheers
Leigh K[biggrin]

Hi Rodie

You didn’t give much info about the type of debt you have apart from the house, so it is hard to give good advice about getting out of it.

If it is consumer debt just go about paying it down ASAP and don’t build it up again until you know how to use it to your advantage. If it is just that the house is heavly in debt then it is not…[Read more]

Stop being so bloody sensitive you lot! The tippy toeing is getting to dam noisy.

Kim,

A thought that came to my mind was maybe you could “rent” it from her at say the cost of annual ownership (including maintenance) plus upto whatever Centrelink minimal allowance is and then sublet it to others for a profitable rent, she gets to keep her…[Read more]

I’m still trying to convince myself that I am doing the right thing, and that this won’t be the one I will regret forever.
Lisa, just go out there and do so many other great deals that this one will vanish and never be thought of again.

Well done for walking away from a deal that “might” have been the worst one you could ever make, or not!…[Read more]

Hi

I am going to give you the slack answer just now, which is that I suggest you read through the archived forum for Wraps as you will get a lot of detailed information pertaining to the information that you are looking for.

Cheers
Leigh K[biggrin]

We have a hybrid trust that has been operating for just over a year now so we are only in theearly stages, but we aren’t disatisfied at all and still beleive that our reasons for setting it up are still valid, ie: asset protection and tax effectiveness.

I would suggest that you determine what is a seasoned investor in your solicitors terms…[Read more]

The Velocity of Money as discussed at Steve’s seminar is related to Multiplication by Division, you would have ‘read’ about that in a recent PI.com newsletter.

LK

Well thanks for the humourous commentary Duece, hadn’t thought about including the glass … maybe that might just work.

In any case there is a definate minimum price we will accept not based on profit based on costs. So merely reducing the price is not always the solution. If I reduce it too much then they can’t have the glass!!!

It is as Kay…[Read more]

One would think that reducing the price would help but alas no it hasn’t made a diff. So maybe an incentive won’t work either but we are prepared to give it a whirl and if they end up not wanting the incentive then fine we will go back to reducing the price like we initially did but if the incentive ends up bringing us a buyer so be it.

Sad thing…[Read more]

Hi Kay

Interesting comments, we did discuss that as well as a plasma TV etc, how ever in this case there are 18 units for sale in the building so we felt a car had more appeal, being that it can be sold on etc. Having said that I think it would make an interesting discussion so I will start a new thread.

Cheers
Leigh K[biggrin]

They were legitimate reasons of course, but as an investor or even owner occupier it is a bit rough. The Owners Corporation had incurred $80,000 (electricity plus security system replacement) worth of unbudgeted expenses during the previous financial year. It was hoped that the expenses could be sustained by the current budget, however the…[Read more]

I own a Waldorf serviced apartment with a 5% guarantee. My advice is to check out what unusual “special” levies have been applied as we just got hit for $800 over two payments for “special” levies. Special Levies are not necessarily expempt from the levies and rates that are often included in the management agreement.

I would also suggest that…[Read more]