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JetDollars
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@jetdollars
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March 5, 2004 - 4:15 pm
Dear All,
I just would like to add regarding Renting Vs PPOR.
If you currently paying say $300 pw for your PPOR, but a very similar property, in the same location For Lease for $240 Per Week. Will you rent or live in PPOR?
For me I will rent because it will save me $60 per week. At the same time you can claim all the building, building write-off, ie. depreciation schedule done for your tax return. This will be add to my $60 per week saving. At the meantime, I can go out there buy one -ve and 2 +ve cash flow properties.
The other reason that I rent because I know for sure that I won’t be kick out from this place for as long as I want to stay. If you think differently and a bit of creative then you can alway find solutions to your problems.
Good luck to you all. May all those people who live in their PPOR as happy as those who Renting…
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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Post Count: 2,435
March 5, 2004 - 3:55 pm
Originally posted by Rubbachook:
Chan$ – on an earlier post in this thread you say you rent. Didn’t you say in another thread that you bought your PPOR?
Why are you renting?
I bought PPOR back in June 2001, live there for 2 years moved out and currently renting.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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Post Count: 2,435
March 5, 2004 - 3:47 pm
Originally posted by elves:
hate to disappoint the e tags….
I dont use tolls
I travel then exit strategically
M7 they say will be fully electronic eg no cash
Very smart move Elves, but you will lose travel time if you do that. Why wouldn’t you if it is for free?
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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March 5, 2004 - 3:45 pm
I also readed this posted Pisces, but not the book tho…
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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Post Count: 2,435
March 5, 2004 - 3:36 pm
PG,
If you know the area that you want to invest and ready to buy off the plan then the best place is to speak to the council town planner. By doing this you will know who is applying for development application and a block of how many unit.
So you can go direct to the developer.
Hope this help.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 3:31 pm
Originally posted by Brent:
What do you think about having the facilities for a chat room so you could schedule online property investing ‘meetings’ on a set topic, say one evening once a month?
Brent
That is a great idea! You can alway have a trial if it doesn’t work out then you can alway take it off.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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Post Count: 2,435
March 5, 2004 - 3:22 pm
Originally posted by judi:
“The alternative advice is to find ” a solution “. Can someone give me an example of how this works relative to a buy and rent out (for +cf) situation.”
Increase the rent []
Seriously though, I’m about to install a brand new air con for $200, paint the very old and worn lamipanel in the shower for a cost of about $60 (primer and laminate paint) and replace a small bit of carpet. Also provide excellent landlord services (personal attention) and you can easily make a win/win rent increase situation.
Regards
Judi
If the tenant willing to pay $5pw extra and signing 1 years lease then you got your money back in 1 year, tax deductable as well as it is your at the end of the day.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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Post Count: 2,435
March 5, 2004 - 3:19 pm
Originally posted by Julian:
Hey danhoban ,
Are you selling property or looking for property? I’m no sure!
Julian
THERE IS ALWAYS A BETTER WAY!
Julian,
I think Danhoban trying to put this deal under his belt, but if he can’t then he is interested in saling it to other as spotter’s fee.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 3:15 pm
HK provided pack of information that I hardly finish it. He has the base principles called the 7 commandments to your investment success and yes I like it.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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Post Count: 2,435
March 5, 2004 - 3:09 pm
Originally posted by peterp:
Originally posted by Chan$:
Quote:
I am sure you can, if not you can alway do a transformation…
Maybe that’s what they mean by their ‘Million Dollar Makeover’ !
Peter
That will be interesting to hear from those woman who joint and did the makeover…lol…
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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March 5, 2004 - 2:57 pm
Originally posted by elves:
They say the M7 will cost about 25c a km to use making it one of the most expensive.
It will have a large impact on areas where traffic is already bottlenecked and the ‘parking lot’ syndrome. The m4 is like this daily.
It will divert traffic from some of these places
It should shorten travel times (but only if you travel in the directions it uses to get you where you want to go.) – but then you wouldnt be on it otherwise.
People are already talking about how good it will be, how property prices will increase (all about proximity to and access to work, roads etc.
Personally I prefer to live away from traffic and roads and work
[}] road rage gets me
elves
Regarding all the motorway like m4, m5, eastern distribution, harbour bridge… if you have e-way tag then you will travel for free except you have to pay for GST that’s all. I would assume it will be the same for m7. It’s will be silly if you don’t use e-way tag.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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Post Count: 2,435
March 5, 2004 - 2:52 pm
Originally posted by calron:
If your talking about being Buying a really big boat, an Aston Martin DB9 and spending as much time as you like with your family whenever you like???
Then thats what I’ll be doing next year, Ocassionally organising the next Development..
Ah the life that I have wanted ever since I started work..
I will be Retiring next year at 34.. I order my DB9 in May and the Rivierra in June..
Who wants to come and party in the whitsundays??
Cheers
Calron the Alcamist
Turning things into gold is fun.
[email protected][]
That’s an achievement I have been looking for, but for the party in the whitsundays I want to be the driver not the rider…lol…
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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Post Count: 2,435
March 5, 2004 - 2:32 pm
Originally posted by MortgageHunter:
The explanation sounds hard.
When I worked it out we got 12 bits of paper numbered 1-12.
My wife chose a number that was heavier or lighter and then told me each time which way the scales would go.
Works every time!
It is easy in practice – hard to communicate!
Well done team. These things are a bit of a hobby of mine []
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
I think it is a great hobby, may be I should go back to where I was before which was my kind of thing as well.
Thank you for sharing Mortgage Hunter.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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Post Count: 2,435
March 5, 2004 - 2:24 pm
I use to be a member of enrichment’s group when I was in Secondary School (1992 to 1993). This was a group where we meet every week to solve mathematic’s problems for mathematic competition. It was a hard solving problems where the best lecturer from University of NSW and Sydney joint together to come up with difficult questions and gave to us (30 to 40 in the groups) to solve it. Normally it was 10 questions and whoever solve the most questions in 2 hours get the reward and gained recognition at school of which whom from. At the end of 2 hours normally the best will solved about 3 to 4 questions.
I used to be very good at Maths and problem solving, but now I am a bit slow, not as quick in solving problems like before.
I guess the reason is because I play too much when I was at University. I alway think that if I do my best back then I would be different of where I am now.
Anyway, I like investing especially property and very happy of what I achieved now, but I don’t stop there until I reach financial freedom where I don’t have to work for someone else.
Wish me luck….lol…
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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Post Count: 2,435
March 5, 2004 - 1:10 pm
MH,
That’s a bit too much for me!
I don’t think I am capable!
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 12:47 pm
Originally posted by judi:
Yes, I think you got it. Well done []
where is mortgage hunter when I need him…
I going to look for more of this!
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 12:45 pm
Originally posted by BlackJack:
I haven’t even tried to solve the puzzle – just read the postings so far – and my head hurts.
Go Chan$…
what about me, can’t stop thinking about it even on the train on the way back home…lol…
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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Post Count: 2,435
March 5, 2004 - 12:43 pm
you have one trip to go to the room with the lamp. As state in the question.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
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Post Count: 2,435
March 5, 2004 - 12:29 pm
Mortgage Hunter,
3 switches ie. 1, 2 and 3.
First turn on switch no. 1 wait for 10 minutes. Turn it off then turn switch no. 2 on. Walk to the room with the lamp.
If the lamp is on then switch no. 2 control the lamp, if it is not on then feel the lamp if it is hot then switch no. 1 is control the lamp, if it is cold then switch no. 3 control the lamp.
I think I am right this time.
So, am I right Mortgage Hunter?
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 12:12 pm
Originally posted by MortgageHunter:
Chan,
You may be right. You lost me a little with your naming methodology.
here is my answer:
Number the balls 1, 2, 3….., 10, 11, 12
Weigh 1, 2, 3, 4 vs 5, 6, 7, 8 with 3 possible outcomes:-
1/ If they balance then 9,10,11,12 have the odd ball, so weigh 6,7,8 vs 9,10,11 with 3 possible outcomes:-
i/ If 6,7,8 vs 9,10,11 balances, 12 is the odd ball. Weigh it against any other ball to determine if heavy or light.
ii/ If 9,10,11 is heavy then they contain a heavy ball. Weigh 9 vs 10, if balanced then 11 is the odd heavy ball, else the heavier of 9 or 10 is the odd heavy ball.
iii/ If 9,10,11 is light then they contain a light ball. Weigh 9 vs 10, if balanced then 11 is the odd light ball, else the lighter of 9 or 10 is the odd light ball.
2/ If 5,6,7,8 > 1,2,3,4 then either 5,6,7,8 contains a heavy ball or 1,2,3,4 contains a light ball so weigh 1,2,5 vs 3,6,12 with 3 possible outcomes:-
i/ If 1,2,5 vs 3,6,12 balances, then either 4 is the odd light ball or 7 or 8 is the odd heavy ball. Weigh 7 vs 8, if they balance then 4 is the odd light ball, or the heaviest of 7 vs 8 is the odd heavy ball.
ii/ If 3,6,12 is heavy then either 6 is the odd heavy ball or 1 or 2 is the odd light ball. Weigh 1 vs 2, if balanced then 6 is the odd heavy ball, or the lighest of 1 vs 2 is the odd light ball.
iii/ If 3,6,12 is light then either 3 is light or 5 is heavy. Weigh 3 against any other ball, if balanced then 5 is the odd heavy ball else 3 is the odd light ball.
3/ If 1,2,3,4 > 5,6,7,8 then either 1,2,3,4 contains a heavy ball or 5,6,7,8 contains a light ball so weigh 5,6,1 vs 7,2,12 with 3 possible outcomes:-
i/ If 5,6,1 vs 7,2,12 balances, then either 8 is the odd light ball or 3 or 4 is the odd heavy ball. Weigh 3 vs 4, if they balance then 8 is the odd light ball, or the heaviest of 3 vs 4 is the odd heavy ball.
ii/ If 7,2,12 is heavy then either 2 is the odd heavy ball or 5 or 6 is the odd light ball. Weigh 5 vs 6, if balanced then 2 is the odd heavy ball, or the lighest of 5 vs 6 is the odd light ball.
iii/ If 7,2,12 is light then either 7 is light or 1 is heavy. Weigh 7 against any other ball, if balanced then 1 is the odd heavy ball else 7 is the odd light ball.
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Mortgage Hunter,
That’s the way I am trying to do! So I was half right. Bloody spent the whole afternoon solving this problem.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]