Total Members: 148,754

Torachan

  • All the people laying the boot into the OP need to take a chill pill. One day you may well be down on your luck and may need a helping hand.

    Air goes in and out. Blood goes round and round. Any variation is a bad thing

  • Torachan replied to the topic we want kids in the forum General Property 13 years, 1 month ago

    Why don’t you just double your rent? That way your wife can leave work when you have kids.

    Air goes in and out. Blood goes round and round. Any variation is a bad thing

  • Originally posted by julz36:
    Just wanted to say hello and I hope to learn quite a few new things regarding finances very soon!!! lol.. [biggrin]
    For the record, I had just finished doing an ad to sell our house myself when an agent rang and says they have some keen buyers for our place.. So, after all my hard work and lots of photocopying, the…[Read more]

  • Originally posted by JetDollars:
    Anyone here follow NRL?

    Which team do you support?

    Go Sonny Bill Go!

    Kind Regards

    JetDollars
    “The road of some-day lead to the town of nowhere”

    Haven’t heard about another Coff’s Harbour but they have plenty of time. Helped in 2004 bonding.

    Air goes in and out. Blood goes round and round. Any variation is a bad thing

  • Originally posted by dboddy21095:
    Approximately 18months to 2 years ago my husband (Paul) and I bought 2 off the plan properties which were meant to settle about 6-12 months apart. The one is Sydney was three months late and the one in Melbourne was 12 months early and both were down to settle mid-March 2005. We went to the bank and they agreed…[Read more]

  • Wow. A new low in property specutlation

    Air goes in and out. Blood goes round and round. Any variation is a bad thing

  • Torachan replied to the topic Prediction in the forum No Subject 14 years, 6 months ago

    Pear Shaped. US is experiencing it’s death throws. They owe far far to much and have sold off their manufacturing ability so that everyone can wash each others car.

    Australia is in dire strife from …. well to much “investment” in property. Not going to argue the case now but suffice it to say a widescreen plasma isn’t edible.

    Two words to send…[Read more]

  • Originally posted by robo:
    What difference would it make if they had the motgage with a bank? Wouldn’t the bank sell the house?
    Robo

    In a flash.

    MichaelG – I wasn’t refering to you. ;)

  • Chincho

    So far your doing quite well. All you need is some financial discipline to stick with a budget. Alternatively “pay yourself first” by putting some money into a saving’s account you can’t access easily. Richest man in Babylon suggests putting a little away each pay (a couple of percent) then as you become comfortable increase the…[Read more]

  • In the UK I believe it is possible to bar all calls where the number is witheld. The person making the call is re-directed to a message telling them that they need to unblock their number. That would be very good. Why can’t we block calls from specific numbers / places.

    When asking to put the topic on the Roswell. Ask them to find out why Kochie…[Read more]

  • <edited>

    Neil Jenman
    Phone: (61) (2) 9894 8988
    Fax: (61) (2) 9836 4055
    e-mail: [email protected]
    web: http://www.jenman.com

    25/7 Anella Avenue, Castle Hill, NSW 2154

    Mailing address – PO Box 6611
    Baulkham Hills B.C. NSW, 2153, Australia

    I challange you to put your money where your mouth is. <edited>

    Air goes in and out. Blood goes round and round.…[Read more]

  • Look I have to apologise. I just get really cranky about housing

    My reason is that I want one house to raise a family in on one paramedics wage.

    I lost it because you have 6 properties.

    I should not have and I apologise unreservadly. I have nothing against you or your fella personally.

    Put it down to me having had a really rotten shift

  • Torachan replied to the topic Advice needed in the forum Help Needed! 14 years, 7 months ago

    Originally posted by basher:
    Yes the property is negatively geared and yes $100 is under the current market value. Why do I need to be careful, sorry if this sounds naive but we have discussed all this with our accountant who advised that as long as our tax returns reflect the current market rental value then what we are doing is ok? Surely there…[Read more]

  • Originally posted by basher:
    Originally posted by Torachan:
    My husband and I are 24 and have 5 rental properties plus our own home.

    No – the bank owns them you manage them.

    A 20% price “correction” will make life very interesting for you. Keep us posted [biggrin]

    It seems you take great pleasure in others poor situations, as this reply isn’t…[Read more]

  • If you make lot’s of money from real estate “ahem” using “creativity” you may just may, dislike what Niel has to say.

    If you just want to buy a house to call home he is a champion.

    I have found Mr Jenman to be easy to communicate with and forthright in his assertions. The market would be a lot better with more of his “type” than the get rich…[Read more]

  • Torachan replied to the topic Advice needed in the forum Help Needed! 14 years, 7 months ago

    Originally posted by basher:
    I’m new to this forum and was hoping I might be able to pick your brains on my situation. I have a -ve IP in Qld as a few years ago we bought my husbands parents house and we let them live in it for the first couple of years rent free but now for $100 a week. They, like most of our ageing population don’t have enough…[Read more]

  • My husband and I are 24 and have 5 rental properties plus our own home.

    No – the bank owns them you manage them.

    A 20% price “correction” will make life very interesting for you. Keep us posted [biggrin]

  • Speak to a rival Agent. He may do the dirty work for you. Something along the lines of the enemy of my enemy is my friend [biggrin]

    Air goes in and out. Blood goes round and round. Any variation is a bad thing

  • If the seller lives in the property walk on up and knock on the door. Say that you would like to buy the place but the agent is causing you problems and you will not deal with them out of principle. In the contract have a point that the RE agent is not to get one cent in commision. That’ll sort him out.

    Is there another agent in the agency?

    Are…[Read more]

  • Originally posted by Marc1:

    I charge abusivly high rent that I collect with the help of a one eyed veteran of the Golf War that goes around with an aluminium bat.

    Price increase = rent increse.
    Interest rate increase = rent increase.
    You tenants goes because you increase $5 ?
    Good! increase another $5 and find a tenant that can afford to live…[Read more]

  • Load More

Torachan

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