Hello Mr sis

WEll, I would put myself as about a 6 these days. A while ago, I would have been a 3, and before that, I had the nerves of a complete chicken (now, I’m like a genetically-engineered chicken (full of hormones, oversized, but still a chicken). I still want to keep my LVR at 70%. I have no emergency fund (wouldn’t that be going into one’s mortgage or into buying more IP’s?)

But I am far less scared than I used to be, because now I understand a little more of what I’m doing. When I first started out, as an uneducated investor, I just had no clue, and so was just *hoping* it would all be ok, and that I hadn’t screwed up (it did turn out ok), but it was like a random thing, and I really had so little money, that it would have killed me financially if things went wrong. Now my financial situation has improved, I’m more educated about RE (I have to say this forum helps no end), and so whilst I don’t see myself as being hugely into risk, I now see what I’m doing as not hugely risky, and less scarey.

Risk can be like investing in emu’s- that was in vogue about 15 years ago- highly speculative and then got killed off by retrosepctive tax changes anyway. Risk can also be like gambling on a horse- you either win big or you lose it all. So what seems to me like “risk” now is actually being “informed”- and that’s a far better headspace for me.

Actually, maybe I’m a “5” on your scale, sis

kay henry

Gatsby, I guess the changes of the No-Fault Divorce Law that came about in 1972 or 1975 or whenever it was, mean that the messiness of divorce – at least in a financial sense- isn’t judged by the courts (and let’s face it- there can be a lot of bad stuff that goes down- otherwise if it was all rosy, people would probably stay together). So I think the courts just have basic formulas to go on. It’s not like they are gonna change that formula based upon the bad behaviour of one of more of the parties (“he had an affair, so that’s minus 10k, but she neglected the children, so that’s 10k off for her too”). I imagine divorce can be stressful enough without people having to air their dirty laundry to a judge, and let him decide who gets what, based upon his sense of morality. As we know, judges get it wrong too.

The law may seem freaky as it stands, but I’m not sure how else they could do it.

Mediation for marital breakups is now much more common, and in fact, I think it’s mandatory in the Family Court for couples to mediate now (with the exceptions of not having to mediate if there has been violence in the relationship). The agreements made by the individuals in the mediation are binding, but if they can’t make an agreement that they both can live with, then it moves to a more formal situation and is taken out of their hands.

kay henry

Here’s a plain English look at spousal maintenance. Interesting read. I had no idea it existed either until qwerty mentioned it.

http://www.liv.asn.au/public/rights/rights-Spousal.html

kay henry

Mel, that would definitely be a case of breach of copyright in the ICAN/CANI situation. If the originator wished, he would be able to prevent the copier from using it. That one, I would say, is a CLEAR case. Of course, any person is able to refer to any other person’s ideas- as long as they acknowledge the originator of ideas. Merely shifting the words around and pretending they are one’s own is not good enough- paraphrasing still requires acknowledgement of the use of another’s work.

I think what you’ve referred to is happening so much because it seems many of these guys are using the “initial” method of marketing. Use three letters and create the solution to everyone’s financial problems- so ABC becomes “Action Brains Creativity” or something. Then I call that my “formula” for success, and work out some theory behind it.

And some just flog other people’s ideas! But i guess we all do it to some extent. I might write that it’s a bad thing to rip off pensioners (for example, but I don’t then acknowledge in a footnote that I was paraphrasing God’s famous statement of “Thou Shalt Not Steal”.

Sounds like the examples you’ve used are blatant examples of breach of copyright and possible plagiarism, Mel.

kay henry

kcc,

Queenstown had the biggest CG in Tasmania last year. But that was because, early last year, properties in Queenstown were about 25k. Now they’re 50k. But just because an area *has* had CG, doesn’t mean it will in the future, or even today.

Queenstown has a population of 3000, and acts as a satellite for outlying areas. It has something of a tourist demand, because of its “lunar landscape”. I think you’d have to visit there to know what you’re buying into before you buy. I’ve been there, and so, it seems from the posts, have a few others from this Forum.

Here’s a description, below, from the sbs website about what the landscape is like. I think when people talk about tasmania having CG in the future, well, it depends on where really. Most people think of Tasmania and think of rainforest and trees, and that might be why one might want to buy in Tas. Queenstown is very different from that. See below:

“One such example is the mysterious lunar landscape in Queenstown, Tasmania. This once picturesque region, covered by mountainous rainforest and the winding Queen River, is now disfigured by open gashes and tonnes of pilings. The river runs murky grey with sediment and the majestic forests are gone, the little surviving vegetation has been poisoned from sulphur smelting. Rainfall has washed away the topsoil leaving exposed moulds of rock and clay.”

http://www.sbs.com.au/gold/story.html

kcc- if your property is having good CF, you’ll do alright. Post-boom, all of us might be lucky to get CG. Queenstown might not rise, but mosman might not either- for a number of years. Who knows?

Best of luck with it

kay henry

Krazystyler,

I see where you’re coming from, but the problem is, when people come in here and their first post is an advertisement, and then you often never see them again and they don’t contribute it any way other than their own promotion, it’s annoying.

Kevin, you stayed and posted even after your advertising posts were deleted, so it means you have an interest in discussing property issues and sharing ideas, and not just selling a product. You staying and contributing is a good thing.

People can put a signature URL or something with a link to their product- at the bottom of their post. That’s the legitimate form of advertising on here.

kay henry

Pursefattener,

It sounds like your tenants are incompatible with living in a house and taking responsibilities for gardening etc. If you have a unit, and the tenants are good tenants, maybe you could shift them into a unit? It might be the case that some people with a disability, or some ageing tenants might not be able to cope with a yard.

Having said that, yes, it is the responsibility of tenants to mow lawns. In the shared household I lived in, we used to get someone in to do it and divvy up the cost. I really think your tenants should be paying for this, and maybe once a year, as an xmas present, you could pay for their lawns to be mowed.

kay henry

hehe Mel- you’re funny On the rare occasion I have a bath, I read the newspaper there. It ends up like papier mache- I may as well cover balloons in the wet paper and make masks like we did as kids

robo, did oyu end up buying that place?

kay henry

mrsimba,

Also, local knowledge is supreme. So once you’ve found somewhere you like, you can do a check on here through the search engine (so you don’t have to blab about the place you wanna buy) and check out what other people have to say about it. If you looked up “geraldton” for example, you’d see heaps of posts about it- with lots of locals discussing prices, areas etc. Same on somersoft.com Forum- they have a location forum, and you can check out there, or just type the place name in and voila!

Or you could just ask in here “does anyone live in geraldton or around there or have any experience with IP’s there?” and people would gladly discuss it.

There’s no such thing as too much research. You can never know enough in this game.

kay henry

westan,

I’ve met some great people on here too- lemme think. I’ve met sis, PG, Chan (and Mrs Chan), Rugby, Teacherk6, melbear, and Celivia. And they were all good people. I think the usual cautions about the internet apply about giving out personal details etc. We wouldn’t want someone coming to our house, and stealing our mortgage from us- hehe )

On the other hand, it’s good to trust and it helps keep one’s faith in humanity. And those people who have met me know I am too big and hairy to be taken advantage of (Anyone wanna steal my mortgage for me and lower my LVR for a bit??)

kay henry