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Viewing 20 posts - 1 through 20 (of 47 total)
  • Profile photo of vagirl2012vagirl2012
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    @vagirl2012
    Join Date: 2012
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    Def get some advise from a financial planner / lawyer. Paying off your PPOR would be the most sensible option IMHO but you really need to get some proper advice. Good luck!

    Profile photo of vagirl2012vagirl2012
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    Yep either a buyer’s agent or register to bid yourself via phone. Most auctioneers will let you do either.

    Profile photo of vagirl2012vagirl2012
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    @vagirl2012
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    TBH I’m probably in the “keep the penalty rates” camp, but I can certainly see the argument for abolishing. The current rates are very high and simply out of the question for some smaller operators, who can’t afford to pay staff outside of “normal” operating hours. However, people working these shifts need to receive some sort of compensation. It’s a sticky topic and one that won’t be easily finalised any time soon.

    Profile photo of vagirl2012vagirl2012
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    That’s just incredible. How can a supposed finance “professional” give such ridiculous advice?

    Profile photo of vagirl2012vagirl2012
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    Sounds like you’re living the dream guys! Good work!

    Profile photo of vagirl2012vagirl2012
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    Before you do anything else you should check with the council in your area to see if you are actually able to do this (ie if the zoning allows you to do this).

    Profile photo of vagirl2012vagirl2012
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    I’m sure TerryW would have a fairly good idea on this one. You out there Terry?

    Profile photo of vagirl2012vagirl2012
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    Holiday parks seem to be the holy grail of semi-retirement but def pay attention to what the other posters have said in regards to how much hands-on work is involved.

    Profile photo of vagirl2012vagirl2012
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    @vagirl2012
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    2br would make is pretty cozy, but it would depend on the area as to whether you can get a 2 br renter.

    Profile photo of vagirl2012vagirl2012
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    I've always though they looked a bit dodgy, thanks for confirming it Qlds007!

    Profile photo of vagirl2012vagirl2012
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    @vagirl2012
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    Some great advise from some experts here!  Thanks for sharing guys, you often save me from asking the same questions.

    Profile photo of vagirl2012vagirl2012
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    @vagirl2012
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    Congrats crest!  Now I know who to come to if I ever want to realise that long-held dream of mine of owning and running my own motel ;-)

    Profile photo of vagirl2012vagirl2012
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    @vagirl2012
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    Split system is definitely the way to go.  You are only obliged to provide heat and cooling, and this will do both, whilst potentially halving your maintenance costs as it's now only the one unit.

    Profile photo of vagirl2012vagirl2012
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    @vagirl2012
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    Welcome and good luck in your investing adventure!

    Profile photo of vagirl2012vagirl2012
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    Yep unfortunately it happens all the time.  Best to find yourself a dedicated property manager as opposed to a real estate agent (which is what you're trying to do obviously).

    Profile photo of vagirl2012vagirl2012
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    @vagirl2012
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    Yes, without a bit more info it's a bit hard to offer anything sorry.  They all have their good points and bad points and it's really going to come down to what you want out the other end.

    Profile photo of vagirl2012vagirl2012
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    I agree with Jamie.  You'd be best to talk to a decent broker who should be able to help you out with some viable options.

    Profile photo of vagirl2012vagirl2012
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    Sounds like you've made the right decision to walk away.  Plenty more fish in the sea as they say…

    Profile photo of vagirl2012vagirl2012
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    @vagirl2012
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    Good luck on your first IP purchase!

    From what I know of the area, yes steer clear of Coledale and South Tamworth is your best bet.  What sort of property are you looking at?

    Profile photo of vagirl2012vagirl2012
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    Yeah no tax deductions available if you live in it, but CGT down the track is an option.

Viewing 20 posts - 1 through 20 (of 47 total)