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Viewing 8 posts - 21 through 28 (of 28 total)
  • Profile photo of christobellchristobell
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    @christobell
    Join Date: 2004
    Post Count: 30

    oh what the hell its called Main Beach…I am renting there in something I could never afford to buy..well not at the moment anyhow

    Profile photo of christobellchristobell
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    @christobell
    Join Date: 2004
    Post Count: 30

    I live on the Goldcoast (that makes 5 of us)..its between Southport and Surfers Paradise..lovely place..originally from Concord in Sydney though untill 2 years ago..[biggrin]

    Profile photo of christobellchristobell
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    @christobell
    Join Date: 2004
    Post Count: 30

    If they were to remove the Tax breaks ie N.G. there would be a lot of Mum and Dad investors out there hurting badly..A lot of these people have multiple properties relying heavily of the tax cuts..what will happen to there properties? I guess they will not be able to pay the mortgages. I do feel sorry for them…Chris

    Profile photo of christobellchristobell
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    @christobell
    Join Date: 2004
    Post Count: 30

    Many thanks Terry for that extremely helpful information..much appreciated..Chris

    Profile photo of christobellchristobell
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    @christobell
    Join Date: 2004
    Post Count: 30

    Yes that is correct Joeborg..but you do not need to give anything to your pay office..the ATO send them and you a similar letter advising the percentage of tax to be withdrawn from you salary, depending on your circumstances..the proceedure takes around 3-4 weeks. You cant get it started untill your tenant moves in and you have a date and know what rent they will be paying. Christobell

    Profile photo of christobellchristobell
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    @christobell
    Join Date: 2004
    Post Count: 30

    I agree with you Bill…Neil Jenman has many good points..there are some sharks out there of which Mr Jenman is trying to make people aware.I think the realestate world is a safer place for having Neil Jenman in it.

    Profile photo of christobellchristobell
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    @christobell
    Join Date: 2004
    Post Count: 30

    Derek are these decreasing vacancy rates mainly city or country properties as I have a property in Sydney and havent had any probs with vacancy, as soon as one goes I usually find another within 2 weeks or less

    Profile photo of christobellchristobell
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    @christobell
    Join Date: 2004
    Post Count: 30

    Hi All..I have just increased my rent in Sydney from 310 – 315..not much but a start..if interest rates rise and some investors sell out couldnt this send rentals up due to supply and demand

Viewing 8 posts - 21 through 28 (of 28 total)