My accountant likes property over shares.
shares are higher risks but should be higher returns (I found this with mine).

However, when we talk about property and in hindsight we can look at the sales and what things cost, and now we concern ourselves with inflates properties and not being able to afford them, in 5 years time I bet we say the same…[Read more]

I locked my rates in for 3 years just prior to the first rate rise.

I sold some land to capitalise and for new propterties which I think will start to come my way soon.

As for prices, I went to my cousins 60th and for that his kids bought him an authentic 1944 Sydney Morning Herald, the year of his birth, we were looking at the prices of land…[Read more]

new regulations happening in financial industry about compliances etc.

They dont have the best reputation at times, so do check credentials thoroughly

Those on commissions have a product to sell, however there are those that will give you the commission, provided they receive a fee for service, eg fee and commission, the commission being…[Read more]

i bought posh and another property manager, just to assess them. tax deduction anyway.

Not had time to try, a lot involved inputting data to begin. I ahve yet to decide on certain aspects, more use necessary.

I dont have time to set up excel, did someone mention spreadsheets? templates?

elves

I agree
I had nortons, updated reg, it missed the virus.
I downloaded AVG and its free it picked up right away and Im done.
all clear

elves

Traditionally banks have frowned on self employed, because as I was told, you are unemployed to them.

These days there are brokers who will lend for business people who have limited tax or paper info

Establishing yourself is never an easy process.

Elves

nobody answered

I think most of us were thinking that

valuations are not the only thing to consider
maybe for some, have a proper depreciation schedule done
look to maximising in all areas, but you knwo bottom line, serviceability , if you aint got it and cant do it, you going nowhere fast (unless bank manager or lender allows you certain things eg line of credit based on equity, use it for what you…[Read more]

im in conflict

as an investor i prefer libs
as a worker i prefer lab

Mel sorry for you

THE REST!!!!!!!!!! come on guys and gals! the public servants i work, work friggin hard and get jack shite, mind I agree they can dump the 100k a year losers and the bonuses!!! maybe a free car of two, better still dont hit the battler worker that cops the front line abuse, start at the top and work down. top heavy…..travel…[Read more]

ther are a few places around daisy and shailer park as well.
Logan has already seen a huge increase, even in slacks creek and marsden areas, the properties are not lasting long there either…others waterford….

you would have been able to buy around 160 not long ago for 1600 blocks with house, not now.

some say head ipswich way

I had a good one once, up the gold coast, but she seems to have vanished.

I also have clauses in the contract

elves

there was a list of books in another forum, not sure if this was one

most of my building reports where temrites where close to the house advised against purchase, the reason being was that they would no guarantee eradication

termites in the yard are more controlable, but in the house, well costs anyway.

I ahd the option of having the owners treat one house. My condition was that it was an independant quote and…[Read more]

Personally selling an IP would not be the way to go for me, however, having said that, I dont see the point in paying off credit cards at the high rates and trying to manage bills and no doubt some charges and or interest.

Bad spending habits or budgeting needs to be addressed immediately. hard as this is, you most likely would find some areas…[Read more]

non compliance is an issue, generally if you are owed money yes they leave you a bit, but owe them…

it is the luck of the draw if you get caught and they pounce on you, but do the right thing and lodge, you never know your luck!

[]

good point tools

anything with that stuff in it needs special handling and disposal

Does that mean it isnt currently insured? Or it was and they have decided no more?

I assume not insured currently. Call someone up, tell them you are renovating and need cover, at least get a cover note. That it is investment property and will be rented, so you need building and contents (for carpets curtains blinds etc.) If you havent made a…[Read more]

agreed!
you need to look at the whole picture, maybe your neg properties actually work for you in a different way. I too have a balance on that.

I use shares, neg geared property and positive property, then i work also on super. I am looking for tax advantages, though at times the effort is considerable and my accountant hates me [8]

It isnt…[Read more]