I didn't realise being a renter and investing in property would be the right way to go. I can totally do that as renting has been what I have been doing for years and years and years….so….. in a way, I'm used to being a renter.
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If you can get your head around living in a rental (and a budget one at that) for a few years instead of a…[Read more]
So the moral of the above story? Be prepared to make sacrifices and be prepared to move in order to get that foot into the market would that be correct?I've lived on the Gold Coast all my life. I'm wondering if I will have to think about packing up and moving elsewhere (not just in QLD .. Australia) in order to get a foot into the property m…[Read more]
As someone who now rents privately direct with the Landlady all I can say…. WHY DIDN’T I DO THIS SOONER??
As a tenant, I’m finding this sooooooo much better and easier. Then again I’ve been a long term tenant .. been here since 2000. Plus herself and her father are finding it easier since they can use someone they know and trust for any…[Read more]
Just wondering if anyone would care to offer me some assistance in helping me draft a letter for me to fax to the Real Estate Agent (L J Hooker Southport) in re: me not being able to continue paying rent on the Monaco St unit.
I will be faxing the letter Thursday (tomorrow).
Some of the things I want to highlight is that I tried for a fortnight…[Read more]
What sort of improvements should I aim for first in my first PPOR unit so as I can then rent it out at a decent price (and thus attract a quality tenant)?
I’m naturally assuming I should aim to buy an older one bedroom unit as they generally need the most improvements or should I just go with something a little more new-er ??
Well, I officially signed to break the lease on Monday 26th Feb. I was trying to find a tenant myself for my first initial week I was meant to be in the other unit (from 19th Feb). Since I couldn’t find anyone (had a few inspections at least) I handed over the keys on Monday 26th so the Real Estate Agent not just me can find someone for that…[Read more]
I’m breaking the lease of the other place. I’m staying put as I would rather stay somewhere I already have a good relationship with the landlord (or in my case the landlady) than start all over again. Plus the landlady (and her father who acts in her place when she is too busy and/or not in the country) both wanted me to…[Read more]
^^ That might be an idea because the land I would buy would most likely be in parts of the country I personally would never live… and if I generated any sort of income from it that would be great.
I could easily lease the land out to some people who wanted “home gardens” yet didn’t have enough land to do so..?? Hmm.. it’s a thought.
Originally posted by Badgers_R_Us:
My car is a customised Pontiac Trans Am called KITT. My name is David Hassle-a-lot. A lone crusader in the dangerous world of property gurus. I am McKnight Rider.
That reminds me… My flatmate would love to have KARR not KITT. I can see why… as it would go up in value not down if it was fully pimped out…[Read more]
I have an 88 Toyota Corolla that runs just fine, even the mechanic says to keep it. The only catch is it’s not no air con.
As I already stated, I too have a 1988 Toyota Corolla. It also doesn’t have A/C nor a left side mirror. It has a radio.. no CD player. Since this is my work car, I’m thinking of…[Read more]
Are all these other internet based (online) saving accounts (similiar to ING) as easy to use and as secure as ING? I like how ING has a keypad that changes each time you want to login as well as will log you out after 5 minutes of inactivity… plus I don’t mind the time delay that ING has as it makes sure I really do want to use my…[Read more]
I did have up until two nights ago a 2002 Bug Bandit moped motorcycle (it got stolen sadly) …. so the only vehicle I have now is my “Bunny” …. 1988 Toyota Corolla CS
Granted, one day I will purchase a VW Beetle then either turn it into a “Herbie” (custom paint job) or just totally “pimp it out”.. that would be kewl. Only if I had the money…[Read more]
I’m no expert on Mt Isa however it seems whilst it is a good place to invest that alot of the really good investments up there are now gone. I said seems… there may still be some good CF+ properties available up there.
I would suggest visiting the place yourself as you will be able to ‘see’ that whilst it is a huge mining town.. it does have…[Read more]
Originally posted by The Mortgage Adviser:
Hi Vanessa,
It is not illegal at all if you structure the ownership properly. If you buy a home in a company or trust name, you do not own it. You can live in it and rent it from the company or trust. The company or trust then repays the mortgage. The lot is deductible but you will have to pay CGT if you…[Read more]
I didn’t know him personally however I definately knew OF him esp. when I was involved with Ed Burton…. and just because I’ve always had an eye on internet marketing (information).
He’s immortal now due to the wealth of information that he has endowned upon the world. It is a shame he has left this life… he was someone making a…[Read more]
Regardless of what amount you can put down, I personally will stick to my own rule that I will put down $1000…. as it is a sign of “good faith”.. that you are serious.
If someone put down $1, I would have to ask if they were serious. If they were, I would be perplexed to know why they wouldn’t put down a ‘bigger’ amount to show their…[Read more]
My schedule is all over the place at the moment…. would love to catch up … maybe even start a group for complete novices (like myself) to experienced IP people.