My 10 cents. St George are bumhats. There was a stage in my life I wasn’t doing to well work wise and wanted to refinance by consolidating my credit cards extend my loan term by 5 years (originally I took the loan over 15 years) so it was more affordable. I could comfortably pay the new repayments. But they wouldn’t do it. Left me locked into high…[Read more]

I had the same problem. For a short period of time I was semi-employed. Made sure the mortgage was paid first, credit cards last, which means I defaulted on an $800 debt. I thought it was no big deal at the time. I paid out the $800 debt plus all their stupid money making fees, but I was still left with a black mark on VEDA.

Credit Repair…[Read more]

If you get into trouble for saying dick, what happens if you call someone a pussy?

I noticed someone reported Deans post. There is no animosity towards Dean. I can understand how he can draw the conclusion he did. I hate dead beat dads too ;) All good

Hi Guys,

Some really good info. I guess I’m just feeling restless and keen to jump in head first. You are right I need to wait a little until I get the divorce soughted.

But it’s hard when you see an old (but tidy) fibro house in the middle of a 1400m2 block that no one likes because it’s not modern, new, or fancy. I think “Build new brick piers…[Read more]

I just read points 6 & 7 and that makes sense to me now.

Hi Dean,

Thanks for your reply. But you shouldn’t draw a conclusion with only limited info. I didn’t use a condom because when I married my wife I had every intention of getting her pregnant because I wanted a family. I never regret having my kids, I love them like you wouldn’t believe. When we married I brought $600,000 equity + $200,000 cash…[Read more]

Get your credit file cleaned up. I just had two defaults removed from my file. Not cheap. Cost me $1000 per default.

I think they’ve reliable Yuly, maybe they’re just busy? And maybe they’re busy because they’re good at what they do?

IP and PPOR value ~$650,000. I have no idea what 5 x 1acre lots at Tahmoor are worth, or what it cost to subdivide.

Called the council. It's R3 medium density. Now All I gotta do is find all the minimum street frontages, setback and easments etc. I'm pretty excited abou this. 1270sq metres. I wonder what I'll get on it?

We have to pay CGT on a PPOR sale?

Oh, and a third thing. Tahmoor needs a new bathroom and kitchen urgently. 20k on a make over would increase value to ~380k

Also, the ultimate goal would be to live in a house at Wilton for ~700k within 4 years. My daughter will be starting school then. So I hope to have, Tahmoor, Buxton, Wilton and as many + cash flow properties as possible in a Trust.

It's killing me to think I'm going to miss the boat. So many opportunities to buy Cash flow+ properties, with a 250k…[Read more]