Total Members: 159,209

elves

  • elves replied to the topic bank in the forum General Property 20 years, 8 months ago

    Didnt the current affair type programs do some comparisons?

    you have to decide which bank is suitable yourself and do some running around checking. What is ok for someone else may not be suitable for you and vice versa.

  • elves replied to the topic Should we sell? in the forum Help Needed! 20 years, 8 months ago

    Hi there.

    Sorry for your troubles too. Things like this out of the blue happen, we have no control but by golly we learn a lot from it.

    If this helps:
    I had a daughter 20 who had a little un, my granddaughter. The short version, problems, breakups and other issues, I ended up with the care of my grandchild, my daughter a missing person.

    I had a…[Read more]

  • elves replied to the topic MT Druitt NSW in the forum General Property 20 years, 8 months ago

    The prices in that area have increased tremendously, with surounding areas.

    It has a bad name, some refer to it as the old mt druitt and the new….there are pockets of good and bad as with most places, eg North as opposed to south for location in some towns, or the TYPE of people that rent in an area.

    Dont be fooled or gulliable- that a suburb…[Read more]

  • elves replied to the topic Property Managers from HELL… in the forum General Property 20 years, 8 months ago

    My sister lived in Palmerston, most of the houses in the area are or were defence personel.

    How would someone check out with other landlords aboout a PM when you arent likely to have that contact, or their details because there could be a privacy issue here.

    Cheers

    Elves

  • elves replied to the topic Positive cash flow in very poor towns. Ideas are: in the forum No Subject 20 years, 8 months ago

    do you keep changing the topic?????[:I]
    I keep losing the thread of it

    must have lost it anyway……..

  • elves replied to the topic Buying site unseen in the forum General Property 20 years, 8 months ago

    I bought property sight unseen. My stuff is via phone and fax.I didnt even meet my solicitor and it is just second nature to operate in this manner.

    Due diligence, conditions in contracts to protect yourself, lots of photos to be sent and good communications.

    I bought 3, I passed in three due to bad building reports

    Elves

  • elves replied to the topic Living with your tenants in the forum No Subject 20 years, 8 months ago

    I guess my thougths are:
    based on past centrelink interpretations eg borders might include food with their room of lodgings

    tenants on the other hand paying rent are treated differently

    Then again I guess it depends on the terms of the agreement?

    Of course if no one is involved with centrelink then there might not be a problem.

    You might have…[Read more]

  • elves replied to the topic How Do they do It in the forum No Subject 20 years, 8 months ago

    people cannot manage their money, why do you think we have the credit card debts we have?

  • elves replied to the topic Finance in the forum General Property 20 years, 8 months ago

    I didnt elaborate in my first post, but like Chan and others, for me I do all my loans with the one bank manager over the phone, as I buy properties over the phone and fax.

    My bank manager knows me and where I am heading. He bent the rules by thinking and acting laterally. All he is interested in doing is making sure I can service the loans at…[Read more]

  • elves replied to the topic crazy offer? in the forum Help Needed! 20 years, 9 months ago

    to quote a film…”show me the money” tom cruise was in it.

    or equally, put your money where your mouth is…stops em quickly.

  • elves replied to the topic Finance in the forum General Property 20 years, 9 months ago

    this has been in a thread before.

    I use the same, makes sense, they got my history, no explanations, easy to do. Just my opinion

  • elves replied to the topic Living with your tenants in the forum General Property 20 years, 9 months ago

    one would wonder if they were tenants, lodgers or borders

  • elves replied to the topic Furnished flats in the forum No Subject 20 years, 9 months ago

    unfurnished I feel is better
    people pinch stuff they dont value it…..

  • elves replied to the topic Interest Rates On Hold in the forum No Subject 20 years, 9 months ago

    arent they a fickle lot?
    do we need to worry about what we cant do anything about? they make the decisions….just a thought

  • elves replied to the topic How Do they do It in the forum General Property 20 years, 9 months ago

    rents near me are $200 to 600 and this is west syd.
    My rents in the mts were 210 a week 5 years ago

    Problem is the rental trap, pay too much rent, cant save, plus most people havent a clue what they spend money on, they say they cant manage.

    I tell them dont get your hair done, the nail polish put on, avoid buying lunches, bring your own. Forget…[Read more]

  • elves replied to the topic What sort of Q’s to ask prospective property mgr? in the forum General Property 20 years, 9 months ago

    It is hard dealing with agents in toowoomba
    I found that most did not respond to my email when I asked about selling, not property management so that was bad enough.

    I did however find one lady that was very ‘agressive’ but she was in sales and she sold my property when others couldnt. If vacant land counts.

    I can give you her name and she might…[Read more]

  • elves replied to the topic Under a Company Name in the forum No Subject 20 years, 9 months ago

    i guess its not good to have assets in the company name
    assets in yours, trusts might be a better option

  • elves replied to the topic Getting Started in the forum General Property 20 years, 9 months ago

    I agree with points mentioned, but I think take the step, any step has to be in the right direction.

    Start out, buy something, and dont stretch your finances so you go belly up..my properties have risen immensley which will help fund more. Im on single income here, so yes it can be done.

    Goodluck, try second hadn book stores, library for books,…[Read more]

  • elves replied to the topic 99/1 split of IP in the forum General Property 20 years, 9 months ago

    The ATO often issue decision points to clarify some of their confusing rulings…which confuse people even further.

    Me, I know nothin’!
    But I know about the apportionments….

    I am skeptical, cynical…lol must be workign for the govt!

    Cheers

    Elves

  • elves replied to the topic What is the… in the forum General Property 20 years, 9 months ago

    I havent spoken to my friend about thier units yet.

    As for my own project. In was going to build on a block of land. I asked two architects for plans, one cost 1800 the other 1000, for concepts and some searches on first.

    Environmental issues, council restrictions, add further to costs. The costs were based on a three bedroom home with kitchen…[Read more]

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elves

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