I agree again westan, although I have reasons for my cashing up…some things

I will hold my current properties, rentals
I am selling land off, which made good returns, because it is not income producing and because I do not have the time or inclination to fight one of the hardest, meanest, environmentally disabled councils out there! So selling…[Read more]

agreed westan, it is a choice and a personal one, and money isnt everything.

your lifestyle adn time and energy will be somthing that might setermine your investments

Elves

I cant answer those except to say, check around, an accountant is still a personal choice, do some yellow page looking, phone them up aska few questions, see how you feel with the answers.

you dont ask you dont get. a lot of people dont like to say who their accountants are for good reasons, especially on a forum like this.

I know what penguin is doing and how he is viewing it, sorta…lol

he is calculating that the months have four weeks and some 5 weeks tecnically giving you a 13 month year, which is why he is alluding to the workings and weeks verses months.

people make a mistake this way. As I said you make a deal per calendar month and you get away with the…[Read more]

I agree with those points people made.

I would re evaluate, and whose goals are they? Collective or yours?

You need some time for yourself, time for family and time to acheive your goals, if you dont then stick with the 200k income, it isnt that bad is it?

well it can be I know. I left a busines earning over 250k plus to go work for someone for…[Read more]

really? didnt know that

yes I have been cashing up ready for my move, but not taking it until I have it all in the bag.

my mortage is going to look good soon! yeah

actually I use different solicitors for different things, depending on WHAT their speciality is. I have a solicitor.lawyer for my personal estate things, eg power of attorney, will, etc

I have one for properties, in the area (state anyway)

I keep one accountant

I keep one bankmanager the reason for this, he knows my situation, he knows me…[Read more]

sorry forgot to say;

they are tying you into a long lease
be careful of the wording, for example
1 year, with option to resign at 3+3, so first year if ok then resing at 3 year intervals, you got the foot in the door.

bear in mind cpi in any clauses
is the rent fixed over the whole period?
what happens if you want out? consider the long lease…[Read more]

most of the commerical leases i dealt with (and I have had a few) were per calendar month, that equates to 12 payments, I never came across a weekly rent.

So you pay on the 1st of every month

Personally I got my contacts started from people who had used them, sort of an insuance policy, if someone recommends a trade person, you can almost bet they were ok. I say this becaause anyone that has had a bad run in, will most certainly bad mouth the trades person.

Example, I had new bathroom kitchne and building renos done to my home. I went…[Read more]

I know two builders, Im gonna go ask some questions, if I get anthing of relevance I will let you all know
cheers
elves

you need to be careful when quoting ato rulings, because often there is a ruling that is contrary and then you are left confused. I say this because last week I went to my accoutant, and was discussing the other side of investments….we got onto investment verses trading, capital gains/capital losses…etc

what he said to me was, make sure you…[Read more]

A seller in a commerical sitaution normally wishes to protect something.

Commerical properties are a completly different kettle of fish, for instance, if a commercial seeler has a business that he is selling, there may be a condition that the seller cannot start up a new business within a certain radius, or the same type of business, and this can…[Read more]

For some mortage brokers and or banks, the problem can be as little as a phone payment default.

Most lenders look for at least 6 months saving, real saving…not just lent and borrowed money- to show you are able and willing.

depending on your defaults one or the other partner? you may be able to explain these, for instance you were in dispute…[Read more]

I used to run a business. The people I dealt with said to me one day “if you have to ask the price, you cant afford it” or you dont have enough…

Basically people who want to spend money and have it, dont quibber about a price.

Personally, I question every price I pay. I rather keep the 1200 in my pocket thanks

Elves

Personally I prefer some profit to no profit.
Maybe it has reduced in time, maybe it needs a little help? Sometimes you have to spend money to make money, but hey, there is also the saying that no point throwing the baby out with the bathwater…

Only you can decide, surely there have been tax benefits that increase this? Sometimes regular…[Read more]

AIQS.com.au
Australian instutue of Quantity surveyors

have a look, phone a few up, ask qesdutions about benefits etc.

I found one on there that offered to do three properties on the same day, travel included for either 1000 or $1200, I cant recall exactly
I was to provide a schedule of fixtures and fittings.

elves

start with some sums, get figures, and start off with one, slow and steady in my books

There is no guarantee with anything
Elves

James, those prices are not that cheap, but as you say it is relatively close to things< i guess i would consider what your goals are?

Property at that price….rental return? Growth? both
Chermside was never a great place, but Logan isnt either. It certainly didnt have a bad name like Goodna or Red Hill…

choice is yours really, but check out…[Read more]