matt_decat wrote:
I know that the answers to these questions may be quite in depth so feel free to have a crack at just one the the questions because im sure you have better things to do than sit at your computer for an hour answering these questions.

you hit the nail on the head there.  The answers to a lot of your (good) questions have…[Read more]

agree with all the above.  My 2 bobs worth is find out from the pest inspector what species the termites are.  Some of them eat houses to dust, others just make little trails and seldom go very far above ground level.  They are everywhere (except Tassie) and so finding them is not neccessarily terrible, it all depends on the degree of damage th…[Read more]

kong71286 wrote:
There's no reason why you can't have be financially independent and still have all of the aboveHaving money and time is likely to enrich your relationships, expand your opportunities, and improve your lifestyle

Good call kong71286.  When I started this thread it was intrigued by the recurrent theme that seems to run through…[Read more]

Thanks catalyst.  That's what I have been doing without realising that is what everyone called it.  I made up an excel  cashflow flowchart that I can plug in interest rates, price, rent, and then it calculates everything else.  (Using guesstimates for rates, land tax, and set percentages for managment fees.)  What about RPdata, residex etc?  How d…[Read more]

States vary in their laws.  In QLD, for example they have recently made annual council safety compliance  inspections mandatory (at $250/yr).  In NSW there are no compulsory laws like that but they will probably come in after the next negligent drowning, in my guess.  Some tenants will look after a pool, others see it as the owners job and the…[Read more]

wender wrote:
House call-Glad you got that out!! There is so much to learn and I love it. I am so excited to be able to be in charge of my future and not have to be a slave to the 9 to 5 (or in my case 6.30 am to 11.30 pm) ethos. Stamp duty- what can you do- the government has to have their share, no use worrying about it, just look for bigger…[Read more]

wender wrote:
Thanks JacM,Good info, I will certainly do the ground work. I have found a bank that will lend to me without touching my super. I agree with you that  now is a really good time to be in the market. Its easier to get another loan if you have already one, much like getting another job is easier because you've already got one! I live…[Read more]

This is the best site I have found for all your information/calculations/discussions relating to anything green.http://www.energymatters.com.au/I have put solar panels and a solar HWS up on our house in a similar climate to what you describe (central NSW).  Would recommend the evacuated tube option for HWS.  Sorry never heard of your "gas fired p…[Read more]

scha9799 wrote:
Hi all,Does any one know what the minimum land size requires in Tamworth ?

go to Tamworth Regional council website page: http://www.tamworth.nsw.gov.au/Planning-and-Development/Plans-and-Strategies/Development-Control-Plans/default.aspx  then scroll down to "Tamworth" and click on Development Control Plan No. 5 – Re…[Read more]

That's good.  Learned something.  Trouble is none of my doors rattle.  All they do is get stuck every time it rains too much.  But there'll be a drought for sure, and then they'll be good again.

scha9799 wrote:
Thank you House call : )how's the rental demand in the West Tamworth area ? I am looking for the CF+, I just concern about the rental demand and vacancy rate.

Rental vacancy rate is 2.3%Gross rental yield for West Tamworth is 6.64%,  (Both numbers sourced from October edition of YIP magazine).

Taminda stands for TAMworth INDustrial Area.  There are a few houses there but they would be zoned commercial/industrial I would think (would have to check with Tamworth Regional Council)-67555555.  West Tamworth is a very old established area, v nice place to buy/live.  There is an area there that is being planned to be zoned as a "Heritage Ar…[Read more]

scha9799 wrote:
Thank for the above comment, do you personally or knew some people investing in there ?you sound like you know the area.

I live there and own some property there.

champy1 wrote:
Hi Guysi've just been present with the oppurtunity to buy myself a second property off my mum. As i'll be buying it at a 20% reduced priced this seemed like a no brainer!

Having bought from my parents all I would say is make sure you get a valuation done to prevent any angst/conflict  this may cause with your siblings, if you h…[Read more]

scha9799 wrote:
Thank you Jamie : )Is anyone got more comment or sugguestion than there's a massive guitar in Tamworth ?

Yes, the massive guitar and (associated coffee shop) was recently up for sale. Seriously, though.  Tamworth is forging ahead with surrounding coalmines (nearer to other satellite towns, but Tamworth is much bigger and they…[Read more]

I'm glad I read this thread.  Suddenly yesterday there were heaps more displayed threads than I was used to and I thought there must have been something on the news that I missed regarding property investing, or perhaps closure/collapse of another property investing forum website to get this apparent sudden influx of more people and their…[Read more]

wisepearl wrote:
last question – tips on finding a good QS, other than just thumbing thru yellow pages? ask on here for recommendations for perth based surveyors?given my situation, i woudl assume i shoudl pay extra and meet the QS on site rather than do a remote one via photos or other budget alternative… i want this one done properly!

I…[Read more]

We have since bought an IP in the same suburb which will have an income.  Would that change things?

roxie.springs wrote:
LOL!  I'm wondering if he will progress on his career with that kind of attitude.

Sales speak.

dolmanbateman wrote:
Check out the negative gearing calculator here, it should help you answer this question:http://www.dolmanbateman.com.au/online-tools/negative-gearing-calculator/

That is a good calculator.  Good work!