You do not say if the house your mum lives in is under her name or yours, I assume it is in her name, and that she has no other assets and is on full pension.

Is your house big enough to have here living with you?
If so, she can sell her property and the equity remaining will be her contribution for you having her for life in your place. Must be…[Read more]

Hi Tony!

Excuse the manners of the previous posters, but I think your own post was mm how to say …venturesome.

You don’t go to the airline check in and say to the check in chick, I have a bomb in my luggage, ha ha April fool . . . Don’t try that, you will get your back side kicked. They take security seriously and people around here take mar…[Read more]

Agreed, if posts are anithing to go by, Terry has my vote. Then again my ex broker was impressive when I first met him (!)

May God bless you
and prosper you.
Marc

Oh come on don’t be shy now, it is fun and it is free!

May God bless you
and prosper you.
Marc

Aceyducey, Interesting post on the Reno BB, Tipical “victim” post and very good your response.

Tell me (if you want), what would your 3 wishes to the magic lamp Genie be?

May God bless you
and prosper you.
Marc

Luke, I also fired my broker, and I could write a long “horror” post about him, (but I will not)

I had the same recomendations you can read here, Terry and Rolf, from others who used them and found them very professional.

I will be using one of them myself (perhaps after an interview) for my next purchase, as soon as I can get over the last two…[Read more]

Born2B
You are paying $160 a month rent. That does not justify paying $50,000 for a property, more like $20,000. You must have other reasons for buying, like being able to modify the property to your needs, rent to others when you are not using it, avoiding increase market demand that may squeeze you out of the place due of higher demand and…[Read more]

Hi Luke,
I noticed you are in Sydney. Is your (ex) Broker based in a South Western suburb with a long name starting with C and that is not Camden by any chance, and going regularly to the court house for some embarrassing “allegations”?

May God bless you
and prosper you.
Marc

Good for you Hula.
Persistence is the name of the game.

May God bless you
and prosper you.
Marc

Thank you for your inside Kay, this thread has been real fun. It is interesting to see how everyone reacts according to different viewpoints, assumptions, bias and other conditioning factors.

The lesson is to understand how our mind works. Understand what makes the decisions we think we make from our own free will.

Each of us carries around a…[Read more]

Aussierogue, (seriously now)
Are you realy talking about my signature again?
Why does it bother you so much? It is a nice good wish, just like saying Shalom, only in English.

Should I change it into:
“I adore adverbs; they are the only qualifications I really much respect.”

May God bless you
and prosper you.
Marc

I though you all agreed that I can sign my post in whichever way I like?
Now you confused me.[blush2]

Maybe God blessess you
and prospers you, may be He does not.
Soo….don’t blame me
[offtopic]
Marc

Very nice post wrappack and lifex, agree with both.

May God bless you
and prosper you.
Marc

I see, it did not take long.
Predictable is the word that comes to mind.

If God blesses you
and prospers you….you owe me a commission[baaa]
Marc

Very good guys, I see most of you understand the point of the illustration.

I use to have a friend who always was going on about the lottery. He would tell me over and over about how he would like to win the lotto. I once asked how much he was spending weekly on lotto tickets, and was astonished at the confession that he never ever bought one…[Read more]

Originally posted by aussierogue:
marc 1 – your story reminds me of the crusades, or all the missionaries who have helped distort the natural way of things in various parts of the world.

not that i wanna start a religious arguement but the story of jesus’s followers (not jesus) is hardly abt leaving things to take there natural course

you linked…[Read more]

Oh, that’s easy, you simply draw the repayments from a credit card, when it maxes out you open another one and so on. Very simple and basic.

May God bless you
and prosper you.
Marc

OH and also Im looking for a new boyfriend. Er I kinda fancy a surveryor or praps a clever accountant around june.

and then

the advantage of bein widowed instead of divorced…..ya get to keep all the assets

[confused2]I have seen Freudian slips before but this tops them all[blink]

Marc

Milly, if you are on PPS, you can be tested on asset or income, according to the test that allows for the lower payment.

Asset test for homeowner, single, for full pension is $149.500. Assets over thise amounts reduce pension by $3 perf/n for every $1000 over the limit.
This is the net asset, so if you owe money on the IP this is taken…[Read more]

I find the whole concept absurd.
This is a bean counter strategy that reminds me when Australia post sold all the prime real estate they had in the 80ties to chineese investors and rented them back from them because of “passive assets restructuring” (fancy accountant words) So clever in deed, where I come from it’s called to sell the family…[Read more]