Danny F replied to the topic Commercial property in the forum Commercial Property 12 years, 6 months ago
Thanks everyone for the feedback.Much appreciated.
Danny F replied to the topic Question on my next step forward in the forum Help Needed! 12 years, 6 months ago
I currently do pay P&I on my loan. I will look into this further.Cut up credit card, good idea.Next step is to set an achievable financial goal for myself and reach it.I do not know enough about withholding tax variation form so i will look into this as well.Thanks for the advice Derek.Much appreciated.
Danny F replied to the topic Question on my next step forward in the forum Help Needed! 12 years, 6 months ago
Derek What you have said I know to be true. I thank you for your feedback.Do you have any suggestions when it comes to developing good personal financial management?Personal change is some times a very hard thing to do and it is an area in which i will be putting alot of time and effort into.Thanks for replying to my question.
Danny F replied to the topic How Much Money Do I Need Saved To Start Investing? in the forum Help Needed! 12 years, 6 months ago
I am now 36, and have made some financial mistakes in the past. Currently i am re building as it seems you are.Stable income is important, definately priority one i would think.Become more money savy as i also need to, educate yourself and as others have suggested start learning good money habbits.You seem to have a few areas of interest when it…[Read more]
Danny F replied to the topic Good accountant? in the forum Help Needed! 12 years, 6 months ago
I am new to the Sydney property market and am myself looking for an accountant who specialises in property investments.Would like a few referals.Thanks.
Danny F replied to the topic Question on my next step forward in the forum Help Needed! 12 years, 6 months ago
Thanks for the feedback all.CheersDanny F
Danny F replied to the topic Investment better buy Unit , Townhouse or House in the forum As a new member to this site 12 years, 7 months ago
As a new member to this site I am very impressed with the quality and volume of feedback.
My thoughts on this question, I can only go on my own experience.
I have a small 63 m3 unit in a complex of six. Rent doesn’t quite cover mortgage repayments, I tip in $500 a month, I also have quarterly rates, water and body corporate fees. As a cash flow…[Read more]
Danny F replied to the topic Investment better buy Unit , Townhouse or House in the forum Help Needed! 12 years, 7 months ago
As a new member to this site I am very impressed with the quality and volume of feedback.
My thoughts on this question, I can only go on my own experience.
I have a small 63 m3 unit in a complex of six. Rent doesn’t quite cover mortgage repayments, I tip in $500 a month, I also have quarterly rates, water and body corporate fees. As a cash flow…[Read more]
Danny F replied to the topic Question on my next step forward in the forum Help Needed! 12 years, 7 months ago
Thanks for the feedback. The only way I can see to increase the perceived value in this property would be to replace the kitchen with a more modern kitchen. Not any opportunity to add an extra room or anything of that nature.
Cheers
Danny
Danny F replied to the topic The neighbour of my IP emails me to complaint about my tenants !! what should i do ?? in the forum Help Needed! 12 years, 7 months ago
If you have a PM for this property then forward the issue to them. You pay enough in PM fees, they should be there to manage issues like this so your time is not taken up.Good relationships with neighbours are important, but there is only so much you can do. Your main focus should be your property and your return. If your tenant is mostly good,…[Read more]