A couple of quick points

(1) You have to live somewhere sort of!

(2) The principal residence is capital gains tax free. You need to have a good understanding of the capital gain rules or the capital gain that you make could be gobbled up very quickly if you are not careful.

Living in a country town with a pop og 5000 the local Commonwealth bank in town has absolutley no problems with 80% LVR for properties in town

Building an IP now …

Land $ 4k
Building $ 136k
Cost $ 140k

Valutation $ 185k
For sale at $ 185k
Nett proceeds if sold $ 178k

Return if sold 27% in six months

OR rent it out at $ 220 per week

Annual income of 11,440 or gross yield of 8.17%

Borrow…[Read more]

Homeowners stung by another rate rise

December 3, 2003

Homeowners received a disappointing Christmas today present when the Reserve Bank announced a quarter of a percent rise in interest rates, the second consecutive lift.

Official interest rates have now risen to 5.25%.

This rate hike will add $30 to monthly repayments on the average $189,100…[Read more]

No more sleeps to go …

counting down the minutes 240 to go!

Try presing the print button and you will get a printable file and copy and paste from that

Richmond!

What are you on?

The whiff of matrimony perhaps?

Good luck with the wedding!

Its a pity telegrams have ended otherwise I could have sent

“Lord Baden Powell, The Lord Kitichner, The Duke of Gloster, The Duke of Kent, The Student Prince and all the other pubs that you frequented during your batchelorhood regret your passing into the…[Read more]

There are normaly two distince and separate legal identities. The Body corporate itself and the company that manages the body corporate.

When you say “building management has been taken over by administrators” are you saying that the building management company, the manager of your building has been taken over by an administrator or are you…[Read more]

Wonder what the building insurance premiums are?

It is a pity that the originial post to which the post immediatley above this one responds to was massivley edited, presumabley by the author. Unless you read that post it doesn’t make sense.

There appears to be some historical revisionism going on!

Glad I have a copy though!

This is what I would do

Take all the cash for the next ad and drive to the nearest casino, find a roulette table and place the whole lot on the red. One spin only because you have at least got a 48% chance of doubling your money.

Its the message not the medium. The message is crap. It misses the FUNDAMENTAL rules for generating leads or…[Read more]

“I was wondering if anyone had any advice on the possible pitfalls with this kind of purchase and anything we should look out for”

That the numbers stack up and that there are no little fibbies in the deal!

All posts relating to stocks have been deleted this afternoon. Perhaps yours wandered and was purged with the stock deletions?

Robert Kiyosaki “Rich Dad Poor Dad” gave a talk some years ago and said that one of the happiest days of his life was in October 1987 when the US stock market tanked.

It gave him an oppurtinity to get what he wanted at the price he wanted to pay.

My list of units in high rise blocks in Sydney (the item most tipped to crash and “they” and “the…[Read more]

NII liquidators meeting next Tuesday!

http://www.smh.com.au/articles/2003/11/25/1069522606435.html

What about all those poor people waiting for their refunds?

Mr Forextrader

Lions 20 Christians 17

The antopideans got the silver medal!

Blood and gore throughout the colleseum!

Mr westan Esq.

“i’m 39 and will finish working on Dec 19th .
regards westan”

Me dips me hat to you.

1987 more like 22%

Shaun,

The only real estate agent that has an office in Junee is very selective as to the style of tennant that they install in my experience.

There are people in town that appear unable to get their application for rental accepted!

Today I counted real estate for signs form (1) Raine & Horne Wagga (2) Jennings Real estate Wagga
(3) Wagga Real…[Read more]

shaunwalker

The railway roundhouse reopened in 1995 and is now run as a privatley operated railway repair business that currently has as large a payroll in town as any other commercial business. They propose to expand the business to double the size, needing to employ another 10 or so people there.

There are even private individuals building…[Read more]