1Winner replied to the topic Mortgage Brokers in the forum Finance 19 years, 7 months ago
Thank you Geoff and ‘notabroker’, I supposed I got used to the broker to come home but now that I think about it who wants a stranger to puff hot air in your living room for an hour if you can do over the phone and mail? My wife use to hide when the broker came he he. I can’t use him anymore since he is on err emm long holidays on a certain…[Read more]
1Winner replied to the topic Alarm bells ringing in the forum General Property 19 years, 7 months ago
Mm, interesting possibilities….. I wonder if anyone factored in his investment strategies the possibility of a super eruption in Yellowstone? I mean, according to the TV show I saw the other day it is overdue….[cigar]
“What you want in your life occasionally shows up…
what you must have… always does.” . . .…[Read more]1Winner replied to the topic Advise on gas heater! in the forum No Subject 19 years, 7 months ago
Hi microwave.
This are my thoughts: I would call it providence that they told you and you did not blow the house up this winter.
Ergo….My ‘revenge’ would be to go to Bing Lee and buy the best and most expensive gas heater you can find and call it your blessing for 2005.
I hope you enjoy your (now) safe new…[Read more]
1Winner replied to the topic Centrelink – RE as an asset in the forum General Property 19 years, 7 months ago
Originally posted by skippygirl:
All’s well that ends well!After a visit to the local Centrelink office, and handing them copies of the will and the title to the said property, Centrelink are correcting the asset list for my relative and restoring her pension payments.
Having no right to any rents or profits or any sort of income until the…[Read more]
1Winner replied to the topic Centrelink – RE as an asset in the forum General Property 19 years, 7 months ago
Family payments have two components and both are income tested. Neither is asset tested.
Part B has NO income test for primary earner in a couple or sole parent. Secondary earner is income tested and reduced by 30c per dollar above ~$2000 per year. Part A income test starts at ~$32,000 combined income and reduces the payment 30c pe rdollar until…[Read more]
1Winner replied to the topic Security Mesures in the forum General Property 19 years, 7 months ago
Thank you for your answers.
Dazzling, I agree about the link between petty little problems and residential properties. Usually I leave this to the PM who are working for me. This tenants are particularly demanding. I bought the property tenanted and the first month received a $50 bill for mowing. I thought it was the guy that does the communal…[Read more]1Winner replied to the topic Cash Flow Positive Property – How?? in the forum Help Needed! 19 years, 7 months ago
Khalida, if you want to prosper you need to purchase income producing assets. Real estate investments in Australia has been synonym of “negative gearing” for a very long time, in normal terms means to buy liabilities for the fringe benefit of transferring the loss to another source of income.
Cash-flow positive is the opposite to negative gearing…[Read more]
1Winner replied to the topic What % do you pay your PM? in the forum General Property 19 years, 7 months ago
5.5% in Sydney, 7.5% in Queensland
“What you want in your life occasionally shows up…
what you must have… always does.” . . . . . Doug Firebaugh
May God Prosper you.[biggrin]
Marc1Winner replied to the topic Golf vs DIY in the forum Opinionated! 19 years, 7 months ago
I love Golf …. but I love DIY too.[blink]
Nevertheless it makes sense that if you can use your time to close profitable deals, why would you use that time in working on something that others can do for $400 a day. I suppose it all comes down to where do you get your sense of achievement from.
Now if I call it a hobby does it still count as…[Read more]
1Winner replied to the topic Buying in East Timor ???? in the forum Help Needed! 19 years, 7 months ago
http://www.pleven.net/rental/East-Timor.htm#East-Timor-Rent-Sale-Houses
Not much I know.
Plus I’m sure that you will pay 10 times the price on the net then if you go in person.
Also the chances of the ET going bananas with the australians and nationalising all bad foreiners properties is a distinct possibility since, as you know, we are stealing…[Read more]1Winner replied to the topic Buying in East Timor ???? in the forum No Subject 19 years, 7 months ago
http://www.pleven.net/rental/East-Timor.htm#East-Timor-Rent-Sale-Houses
Not much I know.
Plus I’m sure that you will pay 10 times the price on the net then if you go in person.
Also the chances of the ET going bananas with the australians and nationalising all bad foreiners properties is a distinct possibility since, as you know, we are stealing…[Read more]1Winner replied to the topic Buying in East Timor ???? in the forum Help Needed! 19 years, 7 months ago
http://www.pleven.net/rental/East-Timor.htm#East-Timor-Rent-Sale-Houses
Not much I know.
Plus I’m sure that you will pay 10 times the price on the net then if you go in person.
Also the chances of the ET going bananas with the australians and nationalising all bad foreiners properties is a distinct possibility since, as you know, we are stealing…[Read more]1Winner replied to the topic Don’t follow the flock !! in the forum No Subject 19 years, 7 months ago
Foundation, on a slightly more philosophical level, you have many times highlighted the “speculative” aspect of investors and usually demonise in some more or less subtile way the profit maximising exercises of the said investors, something I boo you for, yet you seem to have overseen the many post, this included where people are figure of speech,…[Read more]
1Winner replied to the topic Property to do well in 2005 in the forum No Subject 19 years, 7 months ago
‘What is a “real job” for you?’
Phew, big question. I think it’s something to do with an exchange… perhaps of time or knowledge or a service… either for money or some other desired / required commodity. Probably important that there is a perception that all parties to the exchange benefit in some way… As I said it’s a big question. I’ll have…[Read more]1Winner replied to the topic Biggest Landlord in the world in the forum No Subject 19 years, 7 months ago
Originally posted by wayneL:
…………..anyway, clicked on your site and spotted this little doosie in FAQ’s:“Is it like Amway, Herbalife or Neways?
No it is not like Amway, Herbalife, Neways…”
It appears that your website is promoting a network marketing business.
So it would appear that it is like Amway et al.
Are you comfortable with…[Read more]
1Winner replied to the topic Property to do well in 2005 in the forum General Property 19 years, 7 months ago
Foundation, I thought I would get used to your comments but I can not go past your constant reference to “speculators” when referring to investors, your derogatory tone when referring to the level of commitment some investors have, and ridiculing with different innuendos the risk some people took, wisely or otherwise.
You say: “Odds are they’ve…[Read more]
1Winner replied to the topic Insurance for Units not Strata-ed in the forum Help Needed! 19 years, 7 months ago
NRMA – CGU – ALLIANCE, I have insurance for blocks of units with each of them, no problem.
“What you want in your life occasionally shows up…
what you must have… always does.” . . . . . Doug Firebaugh
May God Prosper you.[biggrin]
Marc1Winner replied to the topic 3 bedrooms to 4? in the forum General Property 19 years, 7 months ago
I am in the market for a farm in the Camden/Cobbity area for myself, and have come across several big houses that were initialy built with a nice garage, suburbia style, but had since being converted into another room, some become bedroom others music room or play room for kids, with the addition of a carpet, eliminating the roller door and…[Read more]
1Winner replied to the topic reonvating floorboards and hotplates in the forum General Property 19 years, 7 months ago
Personal preference aside, gloss will become satin with usage but only in the areas that have more transit so it will show wear more than satin.
So for me it is satin without a doubt.By the way if you plan to do the job yourself, (only assuming), including hiring the machine and sand the floor…reconsider. The difference between what you will…[Read more]
1Winner replied to the topic Landlords isurance? in the forum Help Needed! 19 years, 7 months ago
Now that you mention it, I heard something about that. They added this product recently. Must check them out.
Also Rencover seem to be specialised and promise a lot of things on their webpage. Worth to check it out too. I just sent them an e-mail asking for a quote for all my properties, may be tempted in offering me some discount…[Read more]- Load More