hi all,
thanks for the tips. I’ve just rung RAMS and asked them if they’ll reduce my rate to match the St George rate. You’re right – I can only ask. (of course this is while I wait for the 0% interest morgages to come through)
Landt.
I’ll let you know how I go.

Hi,
I’d definitely be hanging on to both properties and using the existing equity to buy more property. If she sells the property valued at $280 she may be up for CGT, so she should check that out before she makes any decision. If I was her I’d be talking to one of the brokers on this site for advice.
Landt.

Hi Matt,
I’m one of those new members you were talking about. I hope there’s lots I can learn from you.
landt

Hi,
I know this may sound silly, but what protection do you get when you insert ‘or nominee’ as a clause?
Landt.

Hi,
I’ve not used them personally, but I mentioned them to a work colleague and she said that she’s been with HomePath for years and was very happy with them.
Landt.
P.S her husband is a high ranking home loans officer with CBA so I don’t know if that has any bearing on what she says.

Hi Brad,
for someone so young you’re certainly on the right track. I’d suggest you talk to one of the many brokers on this site, because I’m sure they’ll be able to give you some good advice. Good luck with your investing.
Landt

Hi,
I need to amend that, it’s a three bedroon ‘art deco apartment’ (yeah right)
Landt

Hi Gatsby,
can I just say it’s not good enough!
From now on you need to write everything down that she does or says. If she even looks at you the wrong way, write it down.
If she sneezes and it lands on you, get it written down-because you can bet your bottom dollar she’s out to get you.
You’re enemy number one.
I say we go back to the original…[Read more]

Hi,
on your wage a $10,000 credit card bill must feel huge. I think that right now you’ve got to concentrate on a strategy to reduce this debt, before you can even think about property investment. Maybe you can pick up another shift or two in your three days off to help reduce the debt.
Only then should you really think about getting into…[Read more]

Hi Jules,
I’ve had to find a new rental property twice when I was pregnant. Once I had to move 3 days after my baby was born. It’s just one of these things that you just have too get on with.So don’t worry too much about your tenants, you can’t be responsible for them.
Landt

Hi,
mine’s not quite as romantic either. After we’d been going out together 3 months my then boyfriend and I were watching my sisters wedding video, and he said ‘you know when we get married’…. I thought ‘not a chance in hell am I marrying you.
Anyway, here we are 11 years and 3 children later, very very happy.
Landt

Hi Jenny,
for what’s it worth, I would hold on tight to this property. 50% captial gains in 12 months is astounding. You’ll see that a lot of seasoned investors on this site have a mix of negative, positive and neutral geared properties, so maybe you’re not doing too badly.
Landt

Hi,
isn’t there a clause when the landlord wants to move back into the property himself? I thought in this case you could give 60 days notice.
Landt.

Hi Twobob,
I think the last thing I read said that it costs $100,000’s of thousands to raise children.
I should know I’ve got 2 and it costs a small fortune!
Anyway, do what we did and get the person on the least amount of money to stay at home to bring up the children, and the other person goes out to work. At least that way you keep some money…[Read more]

Hi,
just a couple of thoughts. Have you taken a look at the Centrelink web-site, it can be confusing but it’s certainly a start. If you do call and ask questions be sure to get the name of who you spoke to because you do tend to get a few different answers.
Do you think your mum would be interested in a reverse morgage, where she gets the amount…[Read more]

Hey gatsby,
I forgot to mention I’m glaswiegan and know some guys who could help!!!! Forget the Italian Mafia get the Scottish Mafia.
Landt.

Hello again Gatsby,
I’m glad things seem to be turning around for you. I’m the Director of Nursing for a small hospital not far from you, so it sounds like we’re in the same line of work.
I’d like to advise you again to make sure that you never have a meeting alone with anyone.I know it seems that senior management are on your side, but really…[Read more]

Hi Gatsby,
it sounds as though you’re going through a really hard time. I’m a manager myself, and I’m amazed that her supervisors are allowing this behaviour to continue. Go to someone above her head and report this behaviour to them. make sure that they know that if it is allowed to continue, you will take the company to court for allowing this…[Read more]

Hi,
I’m afraid I have to disagree with Redhaven. I own a property in a block of 24. There’s nothing stunning about them, but they’re in a great position and are never empty for very long. The property has also nearly doubled in 5 years. So If you think you could see some capital gains, I’d go for it.
Landt

Hi Kate,
Obiwan got in before me. My husband and I are in the same work position as you (i.e I earn a bit more than he does). When we had our first child 7 years ago we decided to always have a parent at home and the most sensible decision was for him to be at home.
It’s worked really well for us, since all a child needs is a parent who loves…[Read more]