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Viewing 20 posts - 81 through 100 (of 170 total)
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  • Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 20, 2004 - 3:29 am

    Have to say it doesn’t always work though.

    I have > $500K worth of loans with 1 bank and I threatened to leave if they don’t match a competitor’s rate.

    But they took me up on it and said there was no way they could match it.

    So I guess the moral of the story is that you have to be able to carry out your threats or else they’ll just be empty ones.

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 20, 2004 - 3:21 am
    Originally posted by thecrest:

    I picked mine because I’m still in an early growth phase, and because I named my last real estate project “bigtree” because it was destined to grow and would provide an anchor, shelter and deep roots for my family, and bear fruit for them. This is dredging personal thoughts from the “very deep” section.
    cheers
    thecrest

    Now that’s what I call DEEP … [buz2]

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 18, 2004 - 8:02 am

    Woot ! … I think I can claim all the travel used for initial repairs ! … here’s the ruling … http://law.ato.gov.au/atolaw/view.htm?locid='AID/AID2003772‘

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 18, 2004 - 7:56 am

    You can try http://www.cgu.com.au …

    Personally I am surprised you have not heard of it from your lender.

    When I get my loans from the bank, they never fail to offer me their other products as well like LL ins, free Financial planning, etc.

    Guess your loan officer must be feeling lazy during your loan proces .. [suave3]

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 18, 2004 - 2:39 am

    hmm … Can someone please help ?

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 17, 2004 - 3:28 am

    Spot on, wayne !
    They either come with 2 – 4 heater globes but 2 is more than enough for most bathrooms.

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 17, 2004 - 3:25 am

    Steve,

    Guess its fitting that you have the honor of my 100th post on this forum !! … [biggrin]

    +ve : I love the wording of the cover. It makes a bold statement, high impact and makes you wanna pick it up.

    -ve : Hate the photo ! It makes the cover look really cheesy. The first book on the other hand was much more classier. Thousand apologies if you are offended, but just my humble opinion.

    Suggestion: This is a thought for a back cover. I have looked at many get-rich-quick books with similiar titles and they generally lead you down a path where you own $1m worth of property but have $1m (or more) worth of debt.
    Maybe you can put something in the back (or squeeze in the front) differenting your concepts from the others.

    Hope you find my comments useful … [cap]

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 17, 2004 - 3:11 am

    One of the things I look out for is a bathroom heater. I can’t understand how someone can live comfortably w/o one unless they don’t take showers during winter !

    I used to rent in an apartment w/o one and I bought a portable electric heater in with me everytime I took a shower. Dangerous I know but still better than freezing to death !

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 17, 2004 - 3:07 am

    I like to torture myself administratively so I have an offset account for each mortgage. Incomes and expenses for each IP goes thru’ the relevant offset account.

    This way I can see clearly how it is going easily and the ingoing/outgoings for each property.

    You could say its something like a company with departmental cashflow statements.

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 12, 2004 - 11:37 pm
    Originally posted by JetDollars:

    I don’t even know my avatar, but just like it.

    GASP ! SHOCK ! SPLUT ! … <dropping dead on floor>

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 12, 2004 - 6:49 am

    Hmmm … I don’t get such a line on my browser (IE). What browser are you using ?

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 12, 2004 - 2:57 am

    I just got quoted $550 for a Building Inspection. Is that a bit overpriced ?

    Profile photo of bennidobennido
    Participant
    @bennido
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    Post Count: 195
    August 12, 2004 - 12:38 am
    Originally posted by Rugbyfan:

    Originally posted by bennido:

    Hmm … the Force behaves in mysterious ways …

    Correct me if I’m wrong Bennido, but didn’t you lose your head in Part 2?

    That was my dad, Jango. Me is Boba his son. [cap]

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 12, 2004 - 12:15 am
    Originally posted by depreciator:
    But upon sale, any investment property purchased after May 13, 1997 must have the building depreciation eligible to claimed during ownership deducted from the cost base whether it is claimed or not. So investors may as well claim the depreciation.

    Wow, I did not know that it has to be deducted from the base regardless of whether you claim it or not. That doesn’t sound very fair at all.

    Profile photo of bennidobennido
    Participant
    @bennido
    Join Date: 2004
    Post Count: 195
    August 11, 2004 - 7:17 am

    Hmm … the Force behaves in mysterious ways …

    Profile photo of bennidobennido
    Participant
    @bennido
    Join Date: 2004
    Post Count: 195
    August 11, 2004 - 7:05 am

    And just on the same newspaper, an interesting article on get rich quick seminars …

    http://www.theadvertiser.news.com.au/common/story_page/0,5936,10377064%255E2682,00.html

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 11, 2004 - 3:14 am

    You could consider selling your current home and negotiating with the new owner to rent it for the short term while you search for your new dream home.

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 10, 2004 - 7:27 am

    From the looks of it, I think if you factor in the rent, you’ll find you are well ahead.

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 10, 2004 - 7:24 am

    All this asbestos / fibro thing is new to me. But when I go to the rural areas, I noticed that many houses have something which looks like colorbond sheeting on the exterior of the house. There are also some houses with a cardboard like covering which looks like bricks from far.

    Does any of these have asbestos ?

    Profile photo of bennidobennido
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    @bennido
    Join Date: 2004
    Post Count: 195
    August 9, 2004 - 7:51 am

    Hi, just as an update, can I know who is confirmed to be going ? … thanks !

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