Hi Terry,
I used to get the same script error message – haven't seen since a couple of Mozilla upgrades ago.

Like you I have PI Forum on screen for long periods of time.

I must admit my IT knowledge is lacking so can't provide much assistance beyond comment above.

Terryw wrote:
Yes, but there is always hope of an annulment if they can conjure up some money.

Like this?

http://tatts.com/nswlotteries/games/lotto/play-lotto

No doubt as brokers you guys see things a little differently to the rest of us.

There is no doubt Macquarie did themselves no favours with brokers and clients during the GFC days. No doubt  there are some brokers, in particular, still smarting from their Mac experiences last time around. It will be interesting to see what sort of structure the…[Read more]

Lowlife = lower socio-economic areas?

Hi Geddo,

Just reworked my earlier reply for someone who is using cash to fund their deposit and purchasing costs (below)

"I agree LMI should not be used simply because it is a tax deduction. I see it as a 'preservation of cash' tool.

For example – assume I am buying a $500K property.

At 80% LVR I need 20% deposit ($100K) + 5% purchasing costs…[Read more]

Geddo wrote:
The $40K does come at a cost though and adds principle to the loan, which may suit some.

If you are using cash to fund your deposits then there will be additional borrowings to the tune of $40K but if you are borrowing the lot, the total borrowings only increase by $10K.

Bottom line is individuals need to make sure they do not…[Read more]

Hi Geddo,

I agree LMI should not be used simply because it is a tax deduction. I see it as a 'preservation of equity' tool. 

For example – assume I am buying a $500K property.

At 80% LVR I need 20% deposit ($100K) + 5% purchasing costs ($25K) means I require $125K of my available equity to purchase this property.

At 90% LVR I need 10% deposit…[Read more]

Any other self-storage in the area?

If so, speak to the owners see what sort of vacancy rates they have, waiting lists, which sizes are most popular and see what other bits of information you can glean from them.

Jamie M wrote:

But I've been wrong before – plenty of times.

There are some things that just shouldn't be put in the public arena Jamie – think of your career reputation.

Methinks – no change.

Had a couple of rate reductions in recent months and the RBA may want to see what effect those reductions have had before taking any more action.

TonyLyn wrote:
But, I'm one half of a double act and the other half hasn't been on the same wavelength.

That will make it hard – working with your own hand brake is a tough gig.

To be perfectly frank most financial planners would not be suitable for any wealth plans you have. In most cases they do not know property and simply are not…[Read more]

2 hours in the rest of your life is not a big drive – I would look at attending some proven property seminars in Brissy. You will need to discern between those who want to educate and those who want to flog a product.

But before you do that – do you have a broker? If not grab one and speak to them and find out if you have the financial capacity…[Read more]

Smidy wrote:
And Derek, yeah my old accountant didn't specialize in property, didn't really have any interest in property and when I mentioned I was moving he told me to let him know the details of my new accountant so he can pass my info on so I took that as a bit of a hint.

Cannot understand your 'old' accountants point of view.

From a…[Read more]

Hi Smidy,

Further to Jac's comment – why not continuing to use your previous accountant, assuming they were up to scratch,

They already have your details and an understanding of what you are trying to achieve and have your previous records at hand.

Terryw wrote:

Derek wrote:

Terryw wrote:

Derek wrote:

I recommend getting in touch with Terry (he is an accountant and broker) so you'll get two highly valued services in the one package which means your broker will be on the same page as your accountant.

Well, I hope so anyway

Thanks Derek, but I am many things but am not an…[Read more]

Hi Mark,

Agree with Terry.

While you say you'll be 'definitely' moving back into your house this is not a given. Things can, and do, change.

For example wife and I planned to remain in our house until we were removed in 6ft long boxes. Circumstances well and truly beyond our immediate control now mean we have reviewed this position and have our…[Read more]

Terryw wrote:

Derek wrote:

I recommend getting in touch with Terry (he is an accountant and broker) so you'll get two highly valued services in the one package which means your broker will be on the same page as your accountant.

Well, I hope so anyway

Thanks Derek, but I am many things but am not an accountant.

Not an accountant -…[Read more]

Hi Lyn,

You don't say where you live and that may help you in your quest.

Some options you have;

1. Phone and email with your confidante.
2. Attending proven workshops in your nearest city/large centre – your locality may preclude this and beware of those with something to sell.
3. Reading books – boring I know, but works for many people.
4.…[Read more]

Hi Cham,

Goals are great – but achieving those goals is even better.

Seen too many people with grandiose aims which they fall short of and become crestfallen.

All of my experience tells me to break things into small, achievable steps and then to review them as each target is achieved.

Going to put my vendors hat on for a moment.

The vendor has contracted an agent to act in their (the vendor's) best interest and to sell their house for them.

Real estate transactions in all states are carried out in accordance with the laws in that state which, are in turn, formulated with due consideration to national consumer laws.

In some…[Read more]