Forum Replies Created
Hehe, MA, funny! Can you imagine having to read a crapheap of emails/advertisements [dead2] to earn a measly $20?! 2 cents per ad/email.[dozey] You’d be behind the [computer] till your eyes are [square].
Sounds original to me though- a “getrichbored quick” scheme.Celivia
Oh Rick Otton huh? [stress]
Hehe JD maybe this sandwich is too hard to swallow.[sick3]
In the meantime this post is becoming stale.[worried]Celivia
Hi Carmen,
I looked at these retirement units abot 18-24 months ago but lenders find these units very risky.
I think that most people must be paying for these units from a LOC, or come up with at least a 40% deposit.Also, it concernes me that lenders find these units risky because it might mean that they probably won’t let you use this unit as a security for your next property either.
Management fees are usually quite high, and even though you might be told or shown that the return (I assume you are talking about net return?) is 7%, somewhere in the contract [sleepy2] it will likely say that you can expect annual income growth in line with CPI increases, BUT it also says, perhaps in small print, that management fees increase by 3% annually OR in line with the CPI- whichever is higher.
[hmm]
So I don’t ‘get’ the income growth thing they try to attract people with- OK income might grow but so will the outgoings.Oh, just adding something positive as well: apparently these units do have a very high occupancy rate- almost 100%. I did check out a few villages and these units were ALL occupied and the management had waiting lists as well.
Celivia
Hi Flavs,
I won’t call myself a Dubbo expert but I do have an IP in Dubbo South.We drove to Dubbo and had a good look around the areas and I have to agree with pasandbec that out of those streets, Bishop street would be the best option.
All the other streets you mention are situated in the furthest NW corner closest to the airport. After talking to someone who works for the council it became clear to me that the properties for sale here are mostly ex-housing commission houses and it is kind of a problem area.
Bishop street appeared to be a nice, quiet street and still not too far from shops and schools.As a visitor, I did like Dubbo’s relaxed atmosphere- there were many people relaxing near the river, and there is a beautiful golf course on the other side of the river near the zoo as well.
Anyway, I have not encountered any problems with tenants so far, but I must say that the agency I am with looks after the house beautifully.[buz2]
Celivia
I have seen the acronym (if it is one) SS somewhere, anyone know what that stands for?
I can think of 9Things it could stand for, but I better keep that to myself hehe.
Any guesses? I have no clue gggr.
Check it out.Celivia
Bunnings is not really specialised in timbers- you’re better off going to Harrison or Mitre 10- a store that specialises in timbers. Yarrah is not that easy to get as it is a hardwood and is normally not in stock at hardware stores.
Celivia
S^?
Sorry C@34- BYK= before you know.
Celivia
WOW Calvin, ya sure know what I am talking about better than I do myself hehe. I was wondering what I had just written- LOL.
Oh BTW, BFYK= before you know, sorry FWIW for FUBAR- should be BYK.
TTFNCelivia
PMFJI, but IWFM because IIRC, FYI AFAIK a while ago this topic came up and ISTM, FWIW, that all these acronyms are IMHO not APITA at all but a lot of ROFLOL and I say this SFTH: RTFM WRT you- and BFYK you’ll soon say, (instead of WTF) OIC; IOW IWFM and you’ll be able to B&T without FUD, AAMOF!
BTW, IAE, this was all TIC.
TTFN
WEG
[biggrin]
[baaa]Settlement of our property was on the 19/11, too, last year, then was delayed a week on the vendor’s request. It needed some work such as painting as well.
We had about 5 applicants checking out the house while painting was in progress.Tenants (who signed a year’s lease) moved into our property a few days before Christmas (I think the 21st) as they wanted to celebrate xmas with their kids in their new house.
So, in some cases it happens that people want to spend their time off over Christmas moving house.
Sheesh, moving house just before Xmas wouldn’t be my choice[upsidedown], but I guess some (or actually- most) people are much more organised than I am, having all pressies ready long before Xmas! [party]
Good luck!Celivia
O dear, [blink] I have to admit I am not at all good at budgeting.
Or may be I am, may be I would be the bestest budgeter among the budgeters, but I’ll never find out because really, I have never tried budgeting.
Tooooo lazy! I can’t be bothered.What’s worse, I don’t really care![whistle]
Is that bad?[blush2][evil4]I just spend what I think can be spend and needs to be spend, but no I am not a systematic planner.
So I spend, and what’s left over goes into our LOC to reduce interest!!!
Celivia
I wanna be able to waste as much time as I like, at any place I wanna waste it, and with anyone I wanna waste it with.
Celivia
Today he was not there so we all watched his video and another guy Joseph was coming in between.
Hehe PropertyGuru, I can’t help wondering whether Anthony Robbins was catching up on some sleep today! [sleepy2]
Celivia
And here’s the 2nd poem:
Computer Poem
A computer was something on TV
From a science fiction show of note
A window was something you hated to clean
And ram was the cousin of a goat.Meg was the name of my girlfriend
And gig was a job for the nights
Now they all mean different things
And that really mega bytes.An application was for employment
A program was a TV show
A curser used profanity
A keyboard was a piano.Memory was something you lost with age
A CD was a bank account
And if you had a 3-in. floppy
You hoped nobody found out.Compress was something you did to the garbage
Not something you did to a file
And if you unzipped anything in public
You’d be in jail for a while.Log on was adding wood to the fire
Hard drive was a long trip on the road
A mouse pad was where a mouse lived
And a backup happened to your commode.Cut you did with a pocket knife
Paste you did with glue
A web was a spider’s home
And a virus was the flu.I guess I’ll stick to my pad and paper
And the memory that’s in my head
I hear nobody’s been killed in a computer crash
But when it happens they wish they were dead.RBS
[blink]Celivia
I have the impression that it’s some kind of pyramid thingie. You’ve got to drum up friends who like to save money and introduce them, or something. And you get commission.
Matt, I hope you’ll let us know how interesting the seminar was, once you’ve been.
Hehe once you’ve participated in a pyramid scheme you will probably NEVER (I hope I don’t get moderated for shouting in caps here hehe) be able to try again as all of your friends will run when they see your face [fear].
Ps I found this site by using “Nine msn search”, I think.
Celivia
Oh but Jason, did you not know that these extra metres are hidden away in the store room?
Well the ad says “store room”, but really they are under-advertising it as it really is a modern media room. Or could be!
All you got to do is find the key, wait till the neighbours are away on holiday, and then move the wall back a little (or a lot) so you can squeeze your plasma TV in there.
Imagine your tenants relaxing in their own spacious retreat- now THAT will give you the promised rental return! [biggrin]Celivia
All I found is this link:
http://www.thehomeloanclub.com.au/DesktopDefault.aspx?tabid=2388
Garth Rothwell is THLC’s Licensed Financial Planning and Investment Advisor. In less than 2 hours, Garth will reveal his secrets and proven strategies to show you how to Pay Off a Mortgage in the shortest possible time and pay the least amount of interest. You will learn everything you need to know about debt reduction and proven investment strategies and you will see real life examples that prove you can beat the bank. You just have to know the rules. You could become one of the many people Garth has helped along the road to financial security through mortgage reduction and property investment over the last 17 years. Read about Garth… go to your THLC website and click on ‘About Us’ in the main Menu Bar.
What you will learn at Garths Wealth Creation Session…
How to eliminate your mortgage in the shortest possible time and create a million dollar plus property portfolio fully paid for
How to turn your mortgage into an asset
How to use the banks own system to your advantage
How to reduce your tax by 50% or more
How to invest using equity instead of cash
Celivia
Yes, there are some flood zones!
If you ring the Forbes council, they can be very helpful in telling you whether the area you want to buy in is safe or not.Celivia
That’s a shame, Sonja, that you weren’t able to go, but very understandable- family first.
If I had the opportunity to go to his seminar right now, I wouldn’t be able to go either- also because of family circumstances.
Celivia
Welcome, Di.
Last year or so I visited Forbes to look around, and the only building inspector we found who was licenced was Hilton E Ellis.
I will PM you his phone number now.
He does not do pest inspections, so I also give you the number of a pestinspector.
Hope this helps.Celivia
