My preference, too, is buy and hold! Although perhaps I will make a leap of faith into the development arena – depending on how well I learn!

I simply don’t see the sense in cashing-up when, at some point down the track you have to buy back into the market, but this time the prices are higher than when you sold – so where do your profits go…[Read more]

Hi andymitchell,

Shwing Posted – 29/11/2005 : 12:55:47
Maybe buy one of the cheaper ones also.

Now this would be the way to go, IF you have the money! this way one unit is expensive but that is evened out by the lower costing unit (proce everaging – they do it in shares, I believe), subject to rents covering the mortgage you may have put…[Read more]

I love it wilandel!

Most days I am part of the ‘Confident’. My wife (LOL) is obviously one of the ‘Hopeful’ ones while I constantly get to work with the ‘fearful’ ones!

I neeed more chocolate to keep up my energy so that they can keep on feeding off my enthusiasm![sweaty]

Ahh, I love it!

Cheers
C@34

Our greatest weakness lies in giving up.…[Read more]

Hi Redwing,
where do I find these figures? Reiwa?

Cheers
C@34

Our greatest weakness lies in giving up. The most certain way to succeed is to always try something one more time.
– Thomas Edison

So is it the tennants responsibility or yours?

Building sites are a little different – if YOU are the builder, AUSPROP I’d expect you to be responsible for it, but what if you have bought a House and Land Package? technically it is yours but realistically it isn’t until lockup stage (I am assuming that that will co-incide with…[Read more]

Thanx for that krs,
I guess thinking logically, the LOC makes sense. Comparing it to an off-set account (this off course is only valid if you have the money for an off-set!):
1. You’d park your savings/extra equity/ other funds in an off-set, the interest you earn reduces the interest you incurr agains a loan that would be non-deductible;
2. The…[Read more]

krs,
I have been interested in LOC, but a lot of the discussions here in the past have focused on the higher cost of having one. THe alternative and, as far as I recall, the more cost beneficial product is the 100% Off-set account.
There is also the issue of self control with a line of credit as if it is set up for investing purposes, anything you…[Read more]

Hi Derek,
wasn’t there a large exodus away from LOC? Reasons given are: higher costs, higher interest, possible lack of discipline would undo the benefits of the LOC? Are you now (or have you never gone away from) advocating LOCs?

Is the Off-set structure more beneficial (as in cost reducing, increased savings) when compared to the Off-set…[Read more]

Flyscreens/security screens, pay for them or don’t….

We are in the process of installying ‘Invisiguard’ screens that look like flyscreen but act like security screen. Keeps the dogs out, the cat and childrne in and the burglars outside with the dogs (two Rottweilers, my little teddies). It is expensive but it reduces my insurance because they…[Read more]

Hi Nats12,
is that $200 or $2000? two hundred seesm a bit in my area!

Cheers
C@34

Our greatest weakness lies in giving up. The most certain way to succeed is to always try something one more time.
– Thomas Edison

Hi F3,
I think you might actually loose it, if you do what you suggest – I seem to remember something about the Trust Resettles and, as such starts with a new slate. I’m not 100%, so seek further advice before you do this!

Cheers
C@34

Our greatest weakness lies in giving up. The most certain way to succeed is to always try something one more…[Read more]

C’mon Ozzi C’mon!

wit-chu Cel!

Cheers
C@34

Our greatest weakness lies in giving up. The most certain way to succeed is to always try something one more time.
– Thomas Edison

Would Fredom be able to do a ‘paper refinance’ (as in by shares in the trust – as in with a HDT) to make the loan an investment loan and therefore be tax deductible for him/herself?
The trust could then still use the tax credit for next year or when ever it makes a profit.

Cheers
C@34

Our greatest weakness lies in giving up. The most certain way…[Read more]

Truth is, kriscot,
without your wife BY your side you’re going to be fighting not only to learn everything you need to know, but also her attitude, her desires for a bigger ‘Nest’, etc, etc. So if you can’t get her on board then you may have to find another solution!
I fought my wife for nearly two years. The IPs were never big enough, clean…[Read more]

Are you able to put up your formulae for calculating these returns? I know that there is a great variety of calculations by different people; some include depreciation, some don’t; some calculate it over the purchase price others only include the deposit (where does the repayments fit into this????).

I’d just love to know, for myself how to best…[Read more]

Being your Girlfriends parents might make a difference! How serious is the relationship? I don’t mean to pry but does she consider you a “Keeper” (and vice versa)? If her parents don’t see your relationship as serious enough they might not want to saddle you two with a mortgage that will put extra strain on your relationship ….

Sorry for the…[Read more]

Hi stargrasper74

I like the idea tabled by: serkan Posted – 07/11/2005 : 03:36:16

Another whole different idea is, why not have them transfer the house to you? And you can pay them the direct amount without many middle men.?

Cheers,
Serkan

Just do yourself a favour and set up a legal contract, that, if the parents agree to this sale and you…[Read more]

Hehehe, yes, the two pearls of the North West!

If you time it right, you can have your CF+ AND CG all in one.
We’ve just used our CG of $70K to finish of our reno and refinance to make our life easier. It is such a relief not to have to add balance to “Store Cards” or “Personal Loans”! Love it when the liabilities side of the equation only has…[Read more]

Sorry to be so slo, but … what are you saying here: Dr.X Posted – 07/11/2005 : 14:55:41

Would you give 2 weeks rent and 10% to a “caretaker” and also allow them to rent it for under market value so that they can tick it off their list and move on with the next one!

I am keend to discover what you mean by this! As we are soon to take posession…[Read more]

Hi Tools,
I used Mailwasher too – same program it seems as I too had this problem. Nothing I did fixed it (I’m not computer wizz) I tried to delete it completely and download it again, but in the end I got rid of it as my ISP lets me look at my emails on their website before I down load them.

See if your ISP offers the same! Westnet and Telstra…[Read more]