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Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
October 3, 2003 - 7:45 am
quote:
Eccles…”Star Wars” …HUH??
LOL []
What can I say I am well rounded in what I watch![]
If you think my watching habits are odd you should take a look at my book collection [8D] That is something!!
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
October 3, 2003 - 6:47 am
yeah Young Ones Hey did anyone know that Dr Who is back right from the first episode 6pm Mon – Fri
I’m in heaven.
And the goodies are out on DVD now am seriously asking for those for Xmas.
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
October 3, 2003 - 6:43 am
oh yeah The MAn From Snowy river. I thought he was so hot back then. sad huh?
Arty2003 YOu have to be about the only person I know who hasn’t gone HUH? when I say Labyrinth.
I introduced it to my daughters and their cousin the other day another generation hooked []
I forgot Star Wars too!
and The Last Unicorn
Get the idea I have too many to count? []
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
October 3, 2003 - 6:30 am
24 hours a day 7 days a week.
You guessed it after 12 years working ‘fulltime’ I decided totake a break and raise the family….break…yeah right…work harder and longer then ever!
Wouldn’t have it any other way.
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
October 3, 2003 - 3:28 am
11.30 to 6 if I am lucky. The other night hubby asked me why I was painting at 11pm and I answered it is the only time I will not have to worry about kids interupting and finger prints being put everywhere.
They are all asleep and I get some peace.
But then again I’ve always been a night owl! []
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
October 2, 2003 - 11:08 pm
Very good muppet, that is where I got the name from, I am not that old tho believe me.[]
Pinky I am in Qld I have 2 lovely mares for sale that provide me with lovely foals that have done well in the show ring.[]
I have just lost enthusiasm for them (3 girls can do that to you. And the decsiopn to sell is hard. I think Qld is a little out of the way for you though! But if you are still interested let me know.
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
October 1, 2003 - 11:47 am
The Goodies
CSI
Used to like Buffy too!
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
October 1, 2003 - 11:45 am
Labyrinth,
Legend
Ladyhawk
Pricess bride
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
October 1, 2003 - 11:44 am
1 full size horse – Raki
4 mini horses ( a couple for sale anyone interested)
2 bull Terriers – Neville and Binda
Finches, parrots
1 cat – slinky Malinki
3 chickens – steggles, ingham and Kentucky
I used to have two rats Eccles and Stryfe. They grew old and died and I never replaced them.
They are wonderful creatures we used to play Velcro Rat with them and they went with me everywhere.
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
September 30, 2003 - 7:14 am
quote:
What I was after was for people to say how they look into small towns not just cobar I just gave Cobar as an example. Do most people have a min no of people in the town or does this not matter if the town is expanding?
There are plenty of people on this site who cant find +ve geared properties it cant just be that they arnt looking hard enough.
Do most people look at the towns first then look at properties or the other way around.
Do most people stick within 2 hours of where they live?
Now I can’t answer why people can’t find +ve properties.
I have just started looking and altho I have not found one that fits the 11ss I am finding ones about the 7 or 8%.
This gives me hope as i HAVE just started looking.
I have moved out of my comfort area, originally only looking at areas close to me (1/2 hr drive) but am starting to look further abroad. This will lead to small towns.
Now I am NEw to this so please this is just what I am starting to do there are others out there who will no doubt give much better advice.
Population doesn’t bother me. If it is rising or steady but not dropping then it is something to look at. I used to live in a village (no more than 200 people) and when we left it our house had gained incredibly. People were wanting to live there as it was convenient between two towns were jobs were this village was called Geurie and was situated between Dubbo and Wellington.
Wellington at te time was dying but word was a gaol was coming and this would mean jobs peoplehave started to buy property there and Wellington is slowly making a come back. 3 years ago I would not have purchased there at all now it could have growth.
It can be very hard to determine. A high crime rate would put me off but high unemployment might not. If the population hasn’t declined at all then these people will need somewhere to live and buying may be out of their reach. I would thoroughly screen these people but then I would do the same with any tenant.
If there are definate prospects for the area then I would consider anywhere really.
Sorry if I’m not much help really.
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
September 30, 2003 - 6:48 am
[] Good Grief woman that is unbelievable. Did they actually look at the house before they moved in (bats could have been a bit hard to guess about but they come out at night, clothes could be in by then).
They knew where the laundry was, the l;ights are safe and the area well lit then on a whole thats a problem they live wiht or move out.
Of course you could always say we will do this if you pay $xx.xx extra in rent!
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
September 30, 2003 - 3:02 am
Some people can’t be helped because they do not want to be! I have only just found this site and although I missed out on being one of the three for you to mentor that won’t stop me from trying anyway.
Information is out there to help you have supplied some of it and how people use it is up to them.
Thanks for having the site to allow us to try.
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
September 30, 2003 - 2:55 am
Hi Erika,
Cobar only came up as part of another discussion and I believe I said the population is transient due to mining.
I have not myself looked into Cobar to investing simply because I have not been in the area for around three years now!
I just wanted to defend smaller areas to some degree because when I was in the area Cobar had started new a new mine that was to be used for at least 50 years whether that has fallen through I do not know.
Erika you need to do exactly what you did if the population has a down turn in population then it is not promising for investment but if it has shown growth then it it could be, this applies to any small population.
There was a really good website mentioned (and do you think I can find it now [!]) that gives information about population growth and new industries. It was not the ABS though if anyone can help that would be great.
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
September 29, 2003 - 12:26 pm
quote:
Where is Cobar? Can someone give me the number for the local real estate agent so I can see if there are any properties worth considering.

Cobar is north west of Dubbo NSW about 2hours it is a mining area (large transient population). It isn’t everybodies cup of tea, dry, hot and plonked in the middle of nowhere but really a lot of people rent there because of the mines.
02 68362402 Elders Real Estate
Good luck
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
September 29, 2003 - 12:12 pm
Ok so!
$180 x 52 = 9360
9360 into 120000 is 7.8%
Is this right and it is on the purchase price not the loan!
Thanks muchly
Bronwen
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
September 29, 2003 - 11:54 am
This I know!
Banks will not allow a personal account to process ‘business’ stuff they will basically miss out on too many fees.
There is a sneaky way around this though and that is toset the account up in the name of people rather than a businees name but your business name then really needs to be the name of people too!! Do you get what I mean?
Instead of Joe Blo and Assoc or Joe Inc just call it Joe Blo and then the banks can”t track it too easily.
The pitfall being with that is that you do not get a ‘business’ record so future dealings ie borrowings can be made more difficult as there is no history.
You need to thoroughly check the fees because some business accounts atrract a fe for EVERY PIECE OF PAPER you may deposit ie if you have 4 cheques, cash and a deposit slip you will be charged for processing 5 PICES of paper as they include the deposit slip in this fee.
It really is a matter of looking around as the banks change alot and when I was up to date (3years ago) the NAB had just taken over the CBA.
Just get the brochures and compare.
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
September 29, 2003 - 11:06 am
Cobar may not be a HIGH growth area but people still wish to live in these towns. I know you most likely randomly picked it out of the air but unless there is a large population decline then there is always room for rental chances especially if you offer something just a little better then the norm.
But if your capital growth is large and you are happy with it then I am happy for you but there is no way that I can afford that outlay.
I am looking at small country towns for my first investment, and IF I still lived in Geurie (an even smaller place then cobar with huge capital gains for such a small place) then I would be looking at Cobar.
You need to look, do your homework and make an informed judgement.
Bron
If the good die young then I will live forever
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
September 29, 2003 - 7:39 am
We were in a toilet cubicle at a busy shopping centre and my daughter then three asked at the top of her lungs” Mummy why are you wearing a nappy aren’t you potty trained yet?” You should have heard the sniggers from that one!
Eccles
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@eccles
Join Date: 2003
Post Count: 69
September 29, 2003 - 1:53 am
Okay I am no expert but I did read other posts that quite a few people do NOT use the 11 second rule but you are lucky if you are able to []
I think Steve also said with in a 2 hour radius of where you live because it is easier for YOU to keep an eye on it but I know people who are considering further out and smaller towns. The growth factor may not be there but the rental income may be.
I know others who don’t care where they buy because they have found really good trustworthy agents who do it all for them ( wish I could afford it) but anyway I think you’ll find parts of his book useful and parts not, it is a starting point for exploration and you do the rest! []
Eccles
Member
@eccles
Join Date: 2003
Post Count: 69
September 22, 2003 - 11:12 am
Hi this I can answer, paying 20% can reduce your up front fees and decrease your loan. [] This is because of lenders Mortgage Insurance that comes into play once you borrow over 80%. Fine tobe able to claim the interest but why pay more then you have too! Often with borrowing 80% depending on the bank you then also do not have to pay a valuation fee to the bank. I am sure others will explain much better but that would be it in a nutshell.[]