Forum Replies Created
After working for 12 months for an organization that is run entirely by volunteers and gets money only from donations, I now don’t give money to anyone who is being paid to collect it. I give money to buskers and anyone else I walk past who asks for it, and to voluntary organisiations where no staff members are being paid and all the money is used to benefit those in need. I also still do voluntary work for a few hours a week.
Regards
JudiHi Amber
I bought a duplex this year and it is as you say, same price as regular houses but with much higher return. I guess as a PPOR they’re not so attractive but as an investment, they’re great. That’s assuming you buy the whole building not just one half of it. Rates might be a bit higher than for a house. Mine is cash flow nuetral but has had great capital growth.
Good luck
judi652
a turtle653
prawn and light bulb sound good to me. Also milkThe magician was juggling all the way across.
I’d say that the NBA is the women’s league.
There are 5 players from each team on the court at once.
Hi Marissa
I recently inherited such a tenant. I knew before settlement what he was like so I arranged to meet him the day after settlement and politely asked him to pay rent via direct debit. I then opened an account at his bank (so the transfer would be free) and collected a direct debit form for him filling in my account details before handing it to him. Haven’t had any probs since. That was about 2 months ago and he pays fortnightly.
I don’t have a PM but if I did, I would expect the problem to be theirs, not mine. Afterall, what are you paying them for?Good luck with it
JudiOr maybe I’m just jealous. Afterall, I’ve only got 2 measly stars and, what’s more, they’re green [puke]
On to a much more important subject, how do you get your portrait to appear next to your name like you guys have?
Judi [eh]
Originally posted by kay henry:Steve,
I reckon remove the stars altogether. People either (1) don’t give a toss about notions of stars (2) resent other people’s stars (3) just go for a gazillion stars and never really say anything. I think the majority of people on here are in the first category, and stars mean nothing to them. Certainly, I think there is a danger in *some* people thinking that stars have something to do with meritorious investing. But I think mostly that stars distract people from separating decent, sound advice from crazy advice, and that’s a bit of a worry.
kay henry
I’m with Kay on this one.
Judi (category 1)
Hi Sue
If you want positive cash flow, you obviously need to do something with the land. Have you got an idea of the cost of building a house there and what rent you would get from it? You can then work out if it will be cash positive or not. Have you had a look around for cash positive rentals? Sounds like you need to do a bit of ground work and go through the figures. You could also ask your “advisors” what they are basing their advice on.Regards
JudiHi Glenetti
I used to rent a place out on a weekly basis but reverted to permanent letting after I realised the agent had been a bit optimistic with the occupancy rates. If I lived in the town, I would have liked to continue and manage it myself.Nice website. If you’re looking to attract o/s tourists, you might want to have less pictures of the house and include some of lions and elephants. Also mention how close you are to the game parks there. Aussies aren’t likely to go to Africa for a nice beach [wink]
Good luck
JudiHi Russ
You said you can’t borrow from a bank because you are on a DSP. Does that mean a pension? If so, have you looked at other lending institutions? Surely someone would lend you the small amount needed to buy a house for 24k if it’s returning $100/week? Otherwise, borrow from Dom, he’s cashed up [wink2]Dom, I can’t think of anything to add to what’s been said already. What are your thoughts?
Regards
JudiOriginally posted by mustang66:Hi Brendan
Thankyou for your advice…but can you tell me the difference between a lo doc loan and a full doc loan?
Thanks
Hi Mustang66
The difference is a few bits of paper and maybe a couple of percentage points in interest. Lo doc means “low documentation” ie, you don’t have to show payslips or other proof of employment or income. Full doc is a regular loan. Low doc is designed for self employed people and others who may not be able to prove their income via the usual channels.
Kind regards
JudiHi Mustang
I agree in principle with Kay and Redwing, but, for your situation??
It depends on what level of financial committment you are comfortable with.
Where would you stand financially if you were to sell and realise the $200,000, buy 3 IP’s for around $180,000 each with 35% deposit (cash +ve and not necessarily near where you live) and rent a place for around $250 – 300/wk. And, as you mentioned you might get rent assisstance.
Even buy 1 or 2 more expensive IP’s (I just think it’s nice to have back up if you have one IP vacant for any length of time).
Just depends on your tolerance to risk and your short as well as long term goals.
Kind regards
JudiHi Boardy
“Our 1st property returns $15/week mor than the mortgage any advice on where to go next would be appreciated”
Try a few banks and/or mortgage brokers to find out where you stand with borrowing more money.
Regards
Judi
Did plane A move?
The second guide is a guidebook
That was my first thought but it didn’t seem very likely
The one with the planes: I can only guess that they’d take the same amount of time but that’s too obvious. What am I missing?
Was the suit to protect him from biological warfare?
Hi Chan
RE: Spam in hotmail accounts. Hotmail has filters that you can set at different levels. Try increasing it.Hi Simon
Why is no one targeting you for viagra etc? Maybe they know something about you that rest of us don’t (nor do we want to [:p])Regards
Judi
