Well I certainly learnt a lot from this thread.

Thanks to all for the input.

For my little set up, i chose not to continue and while I did not explain anything like Michael did, I understand.

is it human nature to blame others? rather than accept we played a part…kinda easy escape eh? (the something goes wrong part, no one is smiling…[Read more]

I too read the email, sometimes I want to go and learn things and I am sure I would. But I hate handing over my hard earnt money. To me even $10 can be a lot to lose.

I hum’d and Har’d about this before, and I am doing it again. Given that I have investments, I keep asking myself why? I know the answer for me, it is my insatiable quest to find…[Read more]

I guess I would consider intent. Watch for the buy and holds then sells, CGT…..Hey guys the ATO does pretty well, you know, property bought pre 85 and that after…was it 85? or 89 oh well….

cheers
Elves

I have friends with investment units, rent out on the gold coast. Their return is far greater, but they are concerned for on investment that the property managers who are elected by the body corporate, and who get free rent, are paid and guess what, are now purchasing untis for sale.

Now I mention this because the managers have bought about 5…[Read more]

all my income is considered. after all mr ATO does.

My bank manager certainly includes this

elves

considerations:

capital gains tax, as Julia pointed out (and she should know)
consider parents age

scenario: say you didnt sell but rented out to parents, say parents sold thier place. they could afford rent (depends on if they are on pension). You get rental income, but have to service loans. You get tax benefits. Parents get a place to live,…[Read more]

Hi Adrian

this isnt a personal attack, but why are you so concerned about what is being said? Are you looking for a pat on the back? I see from this that you are concerned with some aspects of finding info or making templates, whatever….

on one hand you talk about digressing, on another you are seeking approval? Maybe I have misread? but you…[Read more]

I see problems with this

I like the idea however, but…

Information changes, people have expectations and if you sourced a site that gave specifics, even though the onus is on the individual, I can guarantee there will be problems.

At the end of the day, pooling info is great, but we arent infallible. Pooling cash flows….positive…[Read more]

Thats why you have insurance and this is now up to 20m for public liability

gee I remember $1m days

You can be sued if you are deemed to be negligent, eg not fixing an electrical problem when notified, then someone gets electrocuted…

Use slippery floorboards on a verandah, they fall, guess what…

Duty of care and certain responsibilities
elves

which blinker? right or left?
statements made by people are that, opinions ..
sometimes it takes a long time for attitudes to change, sometimes they never do

some areas might take too long for some people to put money in that is their choice

good on you for your window of opportunities and multimillion dollar tradings- my gran alwasy told me,…[Read more]

great post Michael

This is not to insult the people of Darwin, but my family lived there, I liked it to visit.But only so much you can do.

Did my tandem jump onto the beach near the casino two years ago.

Problem with Darwin is the nature of the beast. Full of service personel. Essentially this is the kind of place it is, if it wasnt for them, Darwin would be…[Read more]

anything is possible
Last time I went to disneyland I was disappointed..
and I dont go near dreamworld or those places now, I feel they are too pricy. My mum went not long ago and she said never agin, nothng like when it first opened (dream world)

Coomer has boombed, I wanted to buy a year ago, but as I mentioned before, didnt partly because real…[Read more]

blue cat

and how! you are so right on that one, only way is up…baby…hmmn song in there…

isnt this like the tasmania post?

I rather know than not know, councils change their minds, and I dont fancy a fight in land and environment court.

do they have weekend trade yet? i forgot to ask
used to close at 12 on sat

sorry my fault for mentioning margin loans!

but you can use this facility for property too and the rates are not all that different to mortgage rates, infact they are sometimes lower, but you do have fees associated. Ok this was about finance.

and I made my century!!!! in posts that is

elves

I cant remember all
but realtor.com.au
residex
and the ones others listed
many real estate agents have their own web pages, and do not advertise in all books….

I know a few of my friends have moved from one city down to Tassie, they are happy as they have money left over.

Life is still slower in places, a bit like a time warp.
The problem as I see Tassie, is the employment prospects, they arent exactly brimming. I guess for my friends it was a lifestyle choice.

cheers

I only had some experience 10 years ago with Mayfield, and it wasnt great then

Elves