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  • Profile photo of angelinsydneyangelinsydney
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    Hi Ravi,

    There's nothing with wrong with your parents advice.  "Both my parents are poor and have given me this belief system that life is hard work. That i am suppose to go to school, get good grades to go to Uni, secure a well paying job and work the rest of my life."

    Absolutely nothing wrong with it going to Uni, getting good grades, secure a well-paying job and working.  Kent is an example of that.  Just read his post in its entirety.  The good news though is that Kent, and you, will likely also play hard.  what with all the money you'd make.

     Murdoch is one of the richest man on the planet, he's a geriatic and he's still working.  He can afford to rest on his laurels but he doesn't.

    My parents are self-made millionaires.  My mum in particular didn't set foot in a school yard, let alone a classroom.  She taught herself to read and write with the help of a tutor when she got married and had kids.  She knows what anyone with guts and intelligence can achieve even without an education but she got us all to Uni nevertheless.

    Parenting is tough and they, your parents, can only guide the best way they know how.  It isn't being negative.  It is being prudent and careful.

    By all means, Ravi, go and follow your heart.  You are very young, take your time.  It doesn't happen overnight but it will happen.

    You will get rich.  Keep swimming.  Save,   Work,   Invest,  Manage.

    Swimmingly,

    Angel

    Profile photo of angelinsydneyangelinsydney
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    Hi,

    What great news.  I'm glad it turned out alright for you.  Your conveyancer is to be congratulated and deserves word of mouth business you can bring to him/her.  And what better place than to start here.

    To be honest, not too many conveyancers would know what to do and many would be intimated by solicitor on the other side.

    Happy Mother's Day to all the mums.

    Angel

    Profile photo of angelinsydneyangelinsydney
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    Hi all,

    This is one example why we should all use the services of a solicitor (as opposed to conveyancer – sorry guys if there's a few here).  My long-time solicitor will not take this, he'd go to bat for me in an instant. 

    Good luck and I hope this gets resolved for you ASAP.

    Angel

    Profile photo of angelinsydneyangelinsydney
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    Profile photo of angelinsydneyangelinsydney
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    Hi dc99,

    If you bought a studio and it happens to be in one of those art deco buildings with 12 to 13" ceilings, you can build a mezzanine like bunk bed.  With permission of course.

    If you're not sure what I mean, you are welcome to see what I've done to one of my IPs.

    You can contact me on 0416261931 for viewing.

    Take care.

    Angel

    Profile photo of angelinsydneyangelinsydney
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    Failing that contact "Today, Tonight" or "A Current Affair".  One phone call to the tele stations will get that done.  Go to the real estate office armed with cameras and microphones.  .

    Opps, hold on, don't do that.  That's too cheeky.

    Take care and follow correct advice and procedures as previously given.

    Angel

    Profile photo of angelinsydneyangelinsydney
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    Hi propertybee,

    Contact your solicitor to ask the vendor's solicitor for permission.  Or, if you personally know the seller's, ask for permission.

    You are able to be in the property as long as the seller has given their nod.  I'm not sure what you'll do if they refuse.  I supposed because there is no gate and the carport is exposed to the public, you can watch the repair progress from the footpath.  This way at least you know they didn't just patch it up.

    Hope this helps.

    Angel

    Profile photo of angelinsydneyangelinsydney
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    Profile photo of angelinsydneyangelinsydney
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    Here's another one…

    How to cure a damp house

    Damp house repairs

    Combat rising damp in your home – you can fix a damp house by employing one of a variety of solutions.

    What is rising damp?

    Rising damp occurs when moisture creeps slowly from the soil under a structure and up into the base of the walls. Most commonly, this occurs in buildings made of brick or stone, as the moisture follows the capillary nature of the masonry. This moisture carries dissolved salts, nitrates, phosphates and other naturally occurring elements. Damage occurs as the salts expand and contract within the wall through on-going seasonal wetting and drying cycles.

    How do you recognise it?

    Signs that your home may have a rising damp problem include stained walls, blistering or flaky paint on walls, curling or stained wallpaper, salt residue, disintegrating mortar, and rotting timber skirting boards or door frames but no mould.

    Fixing it the old-fashioned way

    The traditional way of combating rising damp is to put in what's known as a 'physical' damp course. This involves taking mortar out of the walls and inserting a membrane continuously along a horizontal mortar joint. However, beware – this method can cause structural damage to the house.

    Another method employed to fix rising damp in Australian houses is called an 'injection' damp course. This involves drilling into the middle of the bricks at the base of the wall and inserting a silicone-based product that spreads throughout the walls, coating the sides of the pores and capillaries. This creates a 'repellent' layer to combat capillary rise without blocking the pores, which would inhibit natural vapour transfer.

    Fixing it the modern way

    Electro-osmosis is a modern execution of an ancient principle to cure rising damp. John Geraghty of Lectros Australia Pty Ltd explains.

    'Essentially, electro-osmosis creates a means of repelling moisture. We install a series of platinised titanium anodes into the affected masonry at one meter intervals and introduce a very small, regulated and perfectly safe electrical charge into the wall just above ground level.'

    This 'constantly-on' system prevents water from rising, thus avoiding any recurrence of rising damp.

    Is it really rising damp?

    Some not-so-reputable companies may tell you that you have a rising damp problem when in fact it's something else, like condensation or penetrating dampness. If possible, get an independent body to do an assessment of the problem before committing to a course of action to fix rising damp in your home.

    Also be aware …

    The CSIRO stipulates that any physical damp course should be effective below suspended timber floors. This should also be the case for injection/chemical damp courses. Put the damp course below floor timbers around the outside of the house approximately 150 millimetres above ground; inside, it should be put under the existing floor bearers.

    To cure the dampness in your home, talk to a professional with experience fixing damp houses:

    Profile photo of angelinsydneyangelinsydney
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    I googled the subject matter and here's what I found.

    Renovating to remove rising damp

    By Alex Brooks

    Damp is more than just a moisture problem. It typically occurs on older brick homes as the bricks act like a wick to draw moisture from the surrounding ground. The problem is not only moisture being drawn into the walls, it's the mineral salts that will cause plaster and paint to flake and any accompanying mould that can not only create a nasty smell, but cause allergies.

    So how to you cure it? Read on!

    What's rising damp?

    Rising damp occurs is caused by the weight of the walls bearing down into the ground. The pressure of the walls forces the moisture in the ground upwards, thus causing the rising damp in your house.Many old homes had damp courses made of slate, but over time these have broken down and no longer work.

    How do you recognise it?

    Signs that your home has a rising damp problem are stained walls,  flaking or bubbling paint,  salt residue, disintegrating mortar, and rotting timber skirting boards or door frames.

    How do you fix it?

    The traditional way of combating rising damp is to put in what's known as a 'physical' damp course. This involves taking bricks out of the walls and inserting some lead at half-metre intervals. However, this method can be intrusive and cause structural damage to the house. Another method employed to fix rising damp is called the 'injection' damp course. This involves drilling into the middle of the bricks at the base of the wall and inserting a silicone-based product that spreads throughout the walls, turns into a gel and forms a barrier against the rising damp.

    What else should I know?

    It's not always rising damp problem – sometimes it's inadequate sub-floor ventilation or a problem like condensation or penetrating dampness.When replacing timbers and plaster, it's important to remember that timber needs to acclimatise to the new moisture conditions in a home before installing it – especially if it's timber floors being put in after a new damp course. And solid plaster needs to be a salt-suppressant plaster to stop the mineral salts bubbling through the brickwork and destroying your hard-done work.

     Angel

    Profile photo of angelinsydneyangelinsydney
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    Profile photo of angelinsydneyangelinsydney
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    Hi EdmudSt,

    You need a creative solution here.  The building is passed its used-by date, so if you could get every owner in the block to sell to a developer, I think that would be ideal.

    The whole building can be knocked and a brand new building can be built.  Rectifying the structural problems will cost more money and will have no guarantee that the issues will be resolved.

    Can you explore this possibility as a body corp?  The problem is not yours alone.  Its everyone's problem.  The building shifting and cracking is a major issue, especially if it causes injury to someone or a tenant.

    Get everyone on-side.   Now is not the time to panic. 

    Take care.

    Angel

    Profile photo of angelinsydneyangelinsydney
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    Hi,

    Maybe I'm naive but I am of the opinion that it is always booming… somewhere. 

    Take care all.

    Angel

    Profile photo of angelinsydneyangelinsydney
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    Hi geezer,

    Each properties income and expenses and depreciation are itemised separately and the total NET gains/losses are added/deducted (as the case may be) to your other income (salaries, wages, royalties, etc).  The resulting outcome is your total taxable income.

    The whole thing would be too long to discuss in one thread but I hope my summary above makes sense.

    Take care,

    Angel

    Profile photo of angelinsydneyangelinsydney
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    Hi Koeiyan,

    Exactly what is your question? 

    Angel

    Profile photo of angelinsydneyangelinsydney
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    But wait, isn't 2012 the end of the world, the Mayans said so. 

    The sky is falling, the sky is falling.  I read that when I was a kid learning to read.

    Hay, the way I look at it, we are only as rich as we feel inside.  I feel rich, I know I'm not because my bank balance tells me so.  But no one, no one, ever, ever, can tell me I'm not.

    I wake up everyday acknowledging that I have all I would ever need, and everyone who would ever matter!

    If we wait for the sky to fall, it will likely fall on top of us.  Better to carry on, and by God's grace, we may have ourselves hiding under the trees when it eventually falls.

    Take care everyone.

    Angel

    Profile photo of angelinsydneyangelinsydney
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    How so very true, indeed.

    You wouldn't even be able to tell them by the way they dress or by the car they drive.  Some of the rich people I know are so simple. 

    I used to work for AMEX's as a Platinum and Centurion Customer Service Rep.  They people who spend an average of $100K a MONTH (yes, 30 days) are very nice and polite.  But you come across the trying-hards and they're so mean, "Do you know how much i spend on my card?"  I was tempted, on more than one occasion, to say, "yes, you're at the bottom 2%."

    I spoke to Mr Lindsey Fox, billionaire, and he goes, "hi mate, I just want to activate my card, mate." 

    Another memorable one, though not rich per world standard, is Cathy Freeman, such a sweetheart.  Amazingly nice person,  even when I was pretending not to know who she is.  Since I still sound Asian she probably thought I was answering the call from Manila.  Amazing human being.

    The true world's richest, or even Australia's richest, we will never know.  It would be between them and God and  hopefully the people they have helped along the way.

    Guess what, even the tax office doesn't know….

    Happy day,

    Angel

    Profile photo of angelinsydneyangelinsydney
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    Neville,

    I called Lyn on your behalf.  Please call her, I'm pretty sure she can help.

    Glen, if you still need help with your OTP purchase, get in touch please.

    It is good to help one another.  It's good karma. 

    Hang in there, mate.  Help is on the way.

    Angel

    Profile photo of angelinsydneyangelinsydney
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    Hi Neville,

    If you haven't sold it yet, it's time to talk to all the creative people here. If you are able to receive private messages, I'm sure they will send you a message.  Be open-minded and be responsive.

    If you don't get any, don't hesitate to send them messages.

    I met a wonderful lady who bailed someone out in the same situation as you.  Her name is Lynn.  I will PM you her phone number.  Just tell her I referred you.

    Take care.

    Angelina

    Profile photo of angelinsydneyangelinsydney
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    Thanks Scott

Viewing 20 posts - 41 through 60 (of 256 total)