We didn’t go on Sunday’s ride. Did the Perth xmas charity toy run on Saturday with 7,000 other bikes. Got the Mandurah one this Saturday. Lotsa fun and a worthy cause.
Fibejebe.

quote:
We went for an early morning coffee ride to Dome Mandurah yesterday and passed quite a few bikes on our way home.

Scott,
We are also in Mandurah. How ’bout we all catch up for coffee sometime mid January when the silly season is over.

We have properties at Dudley Park, Halls Head and Greenfields. Unlikely to find any +CFs in Mandurah now tho.

Fibejebe.

(PS. Do you ride a bike? We are members of the local Ulysses club. Email me for more details if you like.…[Read more]

Surely there are one or two more Two wheelers lurking here.
Fibejebe.

Hi,
We have found a similar deal. 4 two bedroom units rented at $800 per week, all tennanted, for sale for $560K. Is this a good deal or not? We put in an offer of $420K knowing it would be turned down, but a starting point for negotiating.
Fibe.

quote:
hi,
Have a deal in qld if anyone is interested does not meet 11 sec rule but not a bad…

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Great site Swampy. Thanks for that. Just used the info on that site to put in an offer of $420K on a property that is advertised for $560K. Yeah, I know, they will definitely laugh at us, but according to that site, units in that area have dropped by 5% over the past year. Kinda fun to throw the facts in their face.
Fibejebe.

quote:
Try…

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A Kiwi thing. Only need it if purchasing a property in NZ.

So you have had a buzz bar on ice then huh?

Quiet ’round here at present. Everyone out Saturday night partying? Or do folk use their work computers to squizzy over the board during the working week and have to wait until Monday morning to see what the heck has happened the other two days?

Damn. This was s’posed to be in “Opinionated” but got here and now I don’t know how to shift it or delete it. Moderator intervention required pleez.

Thanks Melbear,
You are a gem!![]
Fibejebe.

Mike,
We would appreciate some info about the Whyalla properties. I have applied for a job there. Are you looking for tennants? What are average rentals there?
Fibejebe.

quote:
If you redraw against ppor #1 for investment that loan is tax deductible but the rest (remaining on the house) isn’t.
Josh

Once PPOR #1 becomes IP #1 will the interest on what was PPOR loan, but now IP loan become tax deductible?

I couldn’t open the link. Wasn’t very impressed with Mr Reeds website tho when the very first thing you see on the page is a gif to advise you that he accepts visa or mastercard. Not very subtle!! BTW I couldn’t find the article even from his home page.

quote:
Hey,

Read this:
http://www.johntreed.com/kiyosaki.html

Thanks.

One of the reasons CDs are so expensive is because they factor into the price the fact that some tight ass will try to illegally copy them as your mate did. Actions like his bump the price up for everyone. Joint ownership between you and your mate is not illegal. Copying it is. And you made the purchase with the intention of copying it. The CD in…[Read more]

Sorry you wont be there Judith. I would rather sell my soul than sell any of the bikes. We’ve got three between us. His, hers and ours. []

We are going to go to the Goldwing AGM in Cooma 3 weeks after the Ulyssian one. Popping up to Qld in between to inspect one of our properties. So will be doing around 14,000km in 5 weeks. Not taking my bike (a…[Read more]

Thanks Terry,
We will check it out officially. Would hate to end up with a big tax bill down the track ’cause we stuffed up at this point.
Fibejebe.

mcollins,
one of my properties was a leaseback by the vendors. Sounds perfect solution. No need to worry about scratched paint as the sellers move out and new tennants move in. No leasing fee. No vacancy rate. Every landlords dream.

My nightmare. They signed a 6 month lease. They stayed about 10 weeks. Stopped paying rent. Vacated the property.…[Read more]

Thanks Mel. []
If we both claim, does that limit the tax advantages we can also claim for the properties? Depreciation. Interest etc. Both will be cashflow positive so we would like to offset some of the income with tax claims.
Fibejebe.

quote:
Both can claim is my understanding, but as I said, definitely check with your accountant.

Cheers
Mel

quote:
Most Disappointing moment: In racing terms it was running out of fuel with just two laps to go at Wakefield Park when in a very strong position in the Sunday morning points race.

OUCH!!
[]

How could you go from 2 wheels to 4?? Sacrilege!! []

Both claim?

We have only been married 10 weeks. Lived the first 7 at my place and the last 3 at his. Neither have been tennanted. In fact, we still even have phone connections at both. This sounds too good to be true. Especially if we nick off to SA as we do not want to have to pressure sell either place before we go.
Fibejebe.

quote:
Yes, and…

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