Dear All,

19 Sep will be the fourth anniversary of Tim’s passing. Also happens to be my birthday so you can say that the timing isn’t all that great.

I just want to take this time to thank you all and to remind you that life goes on. I have three other children who are my treasure. I carry on for them. and, of course I continue to pay the…[Read more]

Thank you, Charlie.Every now and then, I visit the forum.  I have no energy to reply but I am very pleased about how people care for each other here.  I am learning that the light is not at the end of the tunnel.  The light is in us.  Sooner or later, the ember will grow bright, but right not I am not afraid to admit it is but a flicker.Take care.Angel

Thank you for your kind thoughts.  I will be away from the Forum for awhile, I pray when we "meet" again, you and I are in a better place in life.Take care,Angel

Hi,"Quantity surveyors use Cordells or other costing programs then add a percentage for the relevant postcode"Luv it!!!  Made me laughAngel

Hi Charlie_B,I sent you a private message, as you wondered where to find an investor angel. My proposal is slightly different but it will help you achieve your dream.Take care,Angel

Hi Steve,I believe in giving people the tools to fish instead  of giving them fish.  Here are the toolswww.osr.nsw.gov.auwww.sro.vic.gov.auwww.osr.qld.gov.au/land–taxwww.dtf.wa.gov.auwww.sro.tas.gov.auwww.revenue.act.gov.auwww.revenue.nt.gov.auwww.revenuesa.sa.gov.au All info are now on your finger tips and can make educated decisions.Hope this helps.Angel

Hi Leanne,In NSW, the granny flat revolution.  Angel

Hi charlie,I would tend to agree with Jamie on this.  I'm sure the money you're paying for rent can't be sneezed at — knowing the Sydney rental market.  If the mortgage repayment for the PPOR is the same as the rent, why not rent to yourself?I can almost see myself in you way back dinosaur years, although our circumstances weren't the same.  I ca…[Read more]

Hi Gametime,I have learned the way this nugget of truth.  you can't eat negative gearing.  A loss is a loss by any other name.  Negative gearing is the sexy translation for "losses."There is a reason the colloquial name for money is "bread".  That you can eat.Take care.Angel

Hi Matthew,If you need to be encouraged, talk to me.  Apparently, according to close friends, my life mission is to  Comfort the afflicted and afflict the comfortable.Kidding aside, if you just want to meet for coffee (a few young people here have met with me) you are welcome.  Don't worry, I don't sell anything – not even a broomstick.  I kno…[Read more]

Hi Michael,Lol  Elementary… Mr Watson.How embarrassing.

Hi Kapilv,I sensed you were a little confused, I could be wrong though.  You may have been thinking we are discussing loans for students.  That was not the case.  The issue here was obtaining a mortgage for a specialised property called "student accommodation."  In other words, you don't have to be a student to find it difficult to get the hom…[Read more]

Hi Squirrel,Are these properties in a mining town?Have they done anything to upset you or make you suspicious of them?  If they hadn't maybe you're worrying or being concerned for nothing.Failing to find out more, the best thing to do now is to do your visitations.  As the property owner, you have every right to request time to inspect the p…[Read more]

Hi Rib,In a word "hold."  It seems such a nice property and it would be a shame to sell it. If there is no financial pressure, holding on to it may be the beginning of a property portfolio.Take care.Angel

Hi Squirrel,Your post has not received any feedback. It only goes to show none of us here has heard of them.  If you want to get to know them, I suggest the following:1.  Google the company2.  check with your State's fair trading office3.  go to ASIC's website4.  call the company and arrange for a chit chat with the property manager in char…[Read more]

Hi Parraboy,Take it from someone who's been there and done that.  I've had to swallow a bullet once – a rather large one.  But as the Chinese proverbs says, "Take one step back and two forward."What I learned from selling a non-performing asset is this:  I got to fight another day.  If you carry Medowie for too long and too far into your jou…[Read more]

Kimberly, There are many here who have had successful buys in the US, be guided by them.  Don't hesitate to ask them questions.  Follow the threads they've started in "Overseas Investing."  So many of them are so nice.A few have had bad experiences also.  Be guided by them, too.  We don't all have to experience pain if we listen to others who have…[Read more]

Hi cuteyoungchic,You didn't miss anything.  It wasn't a 4 bedroom apartment to make 4 one bedroom serviced apartments.  I am familiar with the properties.Angel

Hi Bacchu,If I were you, I'd cut my losses.  The longer you hold on to it the worse off you become.  The money you are pouring down the drain may be used for better income producing investment.Take care.Angel

Hi Matt,A developer in Ryde put in an Ad in the gumtree and asked people to come get what they want from the house to be demolished.  And made money out of it.  Renovators, re-sellers, recyclers, all came and paid him money for old doors, old stained windows, old door knobs, old timber.   A recycler bought the old bricks.  People renovating peri…[Read more]