Oh, ok, so does that mean it is best to wait until we have paid off more on the original loan so as to keep it at 80% LVR???

The idea on our haouse it to also renovate it so the market value would be worth more. Could we then redraw the difference? Ie, bought at $150K now worth $180K after reno?? I dunno, I think I am just confusing myself…[Read more]

I totally forgot about travel… I love travelling and experiencing the different cultures. EVen here in Uk is a totally different culture from home in Oz. THey value so many different things compared to us…

Oh well… No place like home eh?

Here for a good time not a long time, just do it!.

Jason, the best way to ge tht answers to your questions is to browse this forum and read as many books as you can.

Steve’s book is a great help but as is many others. Eg, Anita BEll’s books also VERY good and there are a tonne of other ones too. THose were the books we have considered our bibles as well as this forum.

Don’t frett, time is on…[Read more]

Gotta go sach. Gotta take the kids I am looking after home. Will see you on forum another day.
Cheers for the chat.
Steph.

Here for a good time not a long time, just do it!.

Yeah, you get sick of reading about them. We have pretty much given up on reading newspapers and watching the news coz all you hear is that someone has been murdered or kidnapped or assulted or something. I mean, the day before my birthday (A couple of weeks ago) this girl was murdered a couple of streets away from where I was attending a party.…[Read more]

we leave london on Xmas day. Can’t wait! YEah real estate is an absolute joke over here. You can get guzumped at the last minute and the sales always fall through. Ridiculous really.

Certain aspects of london are nice, ie, history and old buildings and stuff, the actual culture is bullsh*t. Drugs, drugs and more drugs. Booze, drink till you…[Read more]

south London, Mitcham. A little dodgy but not too bad. IT’s ok for what we want. THe cheapest we could get really.

I mean, we lived with 13 other people at one stage, and that was in a place that was basically hell on earth.

Oh well, gotta live to learn.
Went to a Crystal Palace match. Wasn’t too good. PAlace played like cr*p.

Where are you…[Read more]

I’ll fill it in for ya Sach! Not that there’ll be much in it!

1) 25 me, 26 hubby
2)0 IP’s hopefully 3 by middle next year or end of next year at the latest…
3) Married 0 kids
4)TEacher £24000 ($60K) Cabinetmaker £25000 ($62K) BUt lots of expense here in London!!!
5) $0
6) $0
7) Female and male (well hubby is male not me both!! hee hee)
M…[Read more]

Sach you up late!!!
Its quarter to five in the afternoon here in london!

Cheers for the tip. Yeah, we will plan to do that when we eventually get back to Aus.
Steph.

Here for a good time not a long time, just do it!.

CHeers Mini,
you have given me some good ideas. Thanks to everyone for hteier contributions. I have some good ideas for questions to ask now.

Steph.

Here for a good time not a long time, just do it!.

Hi Sach,
Ummmm…I always stick with the big T coz they are usually the ones who have the best coverage. Also as your bill goes up, the tarrif goes down. Even though they may seem expensive to start with, I have found them to be the most reliable through the remoter areas. (More in WA than the Eastern States).

Anyway, that has been my…[Read more]

Steph: ME a teacher,
Cremin: a cabinetmaker woring as a carpenter in London (More money available!!)

How come there are no other teachers?? One of the biggest property developers over here in UK is a teacher and her teacher husband!!!

Cheers.
Steph.

Here for a good time not a long time, just do it!.

Thanks for your input people!
I had thought of the WHy are you selling qn, I just forgot to put it down!!!

Maximus, it would more than likely be both. I would ask the same questions for my house or an IP.

Anymore answers???
CHeers
steph.

Here for a good time not a long time, just do it!.

THere is an easy way to sell your house privately, it is called FSBO.. Have a look at http://www.fsbo.com.au (I think)

For a fixed price they give you the means to sell your house, including signage and flyers, but then the rest is up to you. It is something I would consider after reading about it on the website.

I remember seeing something about it…[Read more]

Hareee, the thing you are promoting is a spread betting website which is not what this forum is for. This forum is to exchange positive PROPERTY investing strategies without making stupid mistakes like getting in on spread betting.

For those unfamiliar with the spread betting concept, it is when you bet if the market will go up or down. Could…[Read more]

We love Anita Bells books. We read her first book “Your mortgage and houw to pay it off in 5 years, by someone who did it in 3” and it was full of practical advice about budgeting and some simple solutions to problems that can pop up.

As soon as we applied her budgeting scheme, we saved $20k in 6 months. Pretty bl*&dy good considering we were…[Read more]

Clarksonclan, depends on how much you want to spend.

I mean, if you have a spare $200K that will get you somewhere on the outskirts of MOrley (My home suburb!!!) and outwards from there. ANything under $200K you really have to look at the outskirts possibly even towards the hills areas.

Maybe let us know how much you wanna spend then we could…[Read more]

Tryst darling,
ring the BElmont council and find out what the plans for zoning are in your area. It is the only way to be certain. There is not point buying something that MAY have its zoning changed…

A friend of mine bought in Dianella assuming the zoning on her place would change from a duplex to triplex site but Stirling council changed…[Read more]

Aren’t you glad you paid your insurance bill??!!! I am pleased that everything is working out for you mini. Keep up your work!
Steph.

Here for a good time not a long time, just do it!.

Tell me if I am wrong, but if -ve gearing was abolished, I agree that rents would increase but hte idea that house prices would go up is questionable.

I mean, surely those people who thought they were on a good thing with -ve gearing will now have to pay a lot more for the property making them want to get out of the property quick smart. That…[Read more]