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bluecat
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@bluecat
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Post Count: 106
February 3, 2004 - 8:20 am
Excellent work – i don’t think there is anything i would add except maybe there is never a bad time to start except if you don’t start
cheers,
bluecat
Do today what you want to do tomorrow
bluecat
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@bluecat
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Post Count: 106
February 3, 2004 - 8:18 am
Hi,
Welcome to Forum.
The income that they generate from their house would be counted against their income from gov. – i’m not sure if they used their house to buy a IP if Centrelink would count that expenses – i think they would unless they can put their money through some sort of super fund – my parents had same issue except my father is in shares – and he put his money through SMSF and then they didn’t exist (sort of)
cheers,
bluecat
Do today what you want to do tomorrow
bluecat
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@bluecat
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Post Count: 106
February 3, 2004 - 6:51 am
Hi,
the main thing i have learned about commercial property is that the tenants and the length of the lease is paramount to success
on paper commercial property always looks good or better than residual but business have a greater chance of failing than residents
cheers,
bluecat
Do today what you want to do tomorrow
bluecat
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@bluecat
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Post Count: 106
February 3, 2004 - 6:48 am
Hi Rod,
That is interesting – was it a large branch or just helpful people? Was it unusual for them to do it?
Like i said i tried but maybe i asked the wrong questions
cheers,
bluecat
Do today what you want to do tomorrow
bluecat
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@bluecat
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Post Count: 106
February 3, 2004 - 6:07 am
Hi Tim,
As thefirstbruce says most coastal regions are for retirees or tourists and therefore the rental yeidl would be low – prices have gone up but the rents have not followed as quickly
cheers,
bluecat
Do today what you want to do tomorrow
bluecat
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@bluecat
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February 3, 2004 - 6:04 am
Hi,
I tried to use ANZ but got a similar response to Chiba (welcome to Forum) from them – both in Australia and NZ. They need the personal touch whereas everywhere else they are tryign to have as little to do with the customers as possible. Someone suggested ING but i haven’t followed up on that as yet.
[]
cheers,
bluecat
Do today what you want to do tomorrow
bluecat
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@bluecat
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Post Count: 106
February 3, 2004 - 5:59 am
Hi,
I can understand what SIS is saying but i don’t think would work for everybody and lots of people have different views on what is right and wrong.
cheers,
bluecat
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bluecat
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@bluecat
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February 3, 2004 - 4:30 am
You people have too much time on your hands
[][][]
cheers,
bluecat
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bluecat
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@bluecat
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February 3, 2004 - 4:29 am
What happened after that – did she divorce him?
[][]
cheers,
bluecat
Do today what you want to do tomorrow
bluecat
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@bluecat
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February 3, 2004 - 4:27 am
i get only 158 pages – so the programmer was bored at the time
[:p]
cheers,
bluecat
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bluecat
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@bluecat
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February 3, 2004 - 4:24 am
Well done Richmond – enjoy reading your information and tips[^]
cheers,
bluecat
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bluecat
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@bluecat
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February 3, 2004 - 4:21 am
Sometimes when multiple agents involved they can get slack thinking that they still might not get the job in the end so why bother – it is a tough call but normally it is advisable to let an agent have a fair go at getting a tenant unless someone has one waiting for you
cheers,
bluecat
Do today what you want to do tomorrow
bluecat
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@bluecat
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February 3, 2004 - 3:13 am
There probably is a time limit in terms of the time between the purchase of the three properties otherwise there would be quite a few property investment business – there is a similar criteria here but you have to making enough money to call it a business
cheers,
bluecat
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bluecat
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@bluecat
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February 3, 2004 - 3:11 am
I think you would be better off trying to find an accountant in NZ since they have different laws and know how the taxation works in NZ where you will be paying the tax
no knowledge of accountant but a lot of aussie accountant don’t know the tax laws o/s so won’t advise
cheers,
bluecat
Do today what you want to do tomorrow
bluecat
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@bluecat
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February 3, 2004 - 3:06 am
Having a mentor is always a great idea but they person must be in line with what you are thinking as well
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bluecat
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@bluecat
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February 3, 2004 - 3:03 am
Most insurances these days covers you for public liability but you must make sure it is in your insurance policy – these sort of things are coming up more and more these day
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bluecat
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@bluecat
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February 2, 2004 - 6:35 am
But PG surely it must be when you can spend a million
Do today what you want to do tomorrow
bluecat
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@bluecat
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February 2, 2004 - 2:49 am
Thanks all,
that will help my understanding of locations be much easier
cheers,
bluecat
Do today what you want to do tomorrow
bluecat
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@bluecat
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February 2, 2004 - 2:33 am
Hi,
i know a few people own property in other countries but like you say most have citizenship or passport from that country. I’d be interested to know the laws to ownership of other countries or people’s experience with it
cheers,
bluecat
Do today what you want to do tomorrow
bluecat
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@bluecat
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February 2, 2004 - 2:30 am
Hi Carlover,
There are many reasons that the price could rise – lack of land available near the water is also a reason and people still want all the luxuries of the city so places where the infrastructure is in place will be the first to be taken – HousesOnly i feel is correct that there will be a downturn as people realise that they want to do more than just live in their house for the next 20 years and so prices might be seen to stablise for the mid term but who knows when that mid term will start?
just my two cents
cheers,
bluecat
Do today what you want to do tomorrow