aussie,

yep, it is cynical…..

………..and I no longer expect anything.

But if the idea that it all comes around encourages people to do good, i’m all for it. whether it is hypocritical or not. Ignorance of the truth is bliss as they say, and i am all for making the world a better place[]

Positive thoughts are a virtue to hold…[Read more]

Interesting thread, I had to add some fuel.

First of all “Karma is a word often misused and misunderstood. You really have to read some eastern religious texts to try to understand it. Your karma is more about building positive beliefs on events that happen (pleasant or unpleasant) rather than an expectation that the universe will give you…[Read more]

Local Papers and Trading Post are good spots to look at how other private vendors advertise, you just need to make your ad look more appealing than the others [cool4]

I am wrapping properties I own (I have already rented them out in a co-housing scenario and will cop Capital Gains Tax (can be messy), I am trying to delay contract until I can get…[Read more]

hardrain,
wow, thats a big change of direction to end uni to begin investing sooner.

I never went to uni myself but started a trade from 18 years old. I found hands on work very rewarding the extra cash beat Austudy hands down.My uni going friends are only just starting to catch up wage-wise and we’re in our mid-late twenties (yup the twenties go…[Read more]

Geo, you asked:

“Hey LifeX – how do you plan on achieving inner peace? – would like to know more”

My answer,
I believe that the majority of suffering in the world does not come from external circumstances or physical situations. I subscribe to the idea that a disciplined and enlightened mind can banish your own personal suffering, and that you…[Read more]

I believe this thread started with a humurous tangent at a public situation.

I also find mobs and lynchings to be preposterous comparison in this situation, to tell the truth, and so felt compelled to further take the piss when this was brought up.

…., hey why not go further and complain about political cartoonists that depict our politicians…[Read more]

In Vic, this situation would not be taxed as trading stock as property was used for other purpose, initially rented out and only wrapped later on. Maybe it would just be called vendor financing at this stage.

But I think that if capital gains is treated separate to income as Terry pointed out, then the government wouldn’t actually pay me for…[Read more]

Checklist:

Clubs, baseball bats and Koshes…………….check

Sack of doorknobs……check

Dead end Alley to chase lynchee down…..check

Get the truck and the blunderbuss Arlene, we gotta an ol’ fashioned lynching to gee ta.

[devilish]

lifexperience

banned because he has bi-polar disorder?….or……evaded other incriminations with a document that states he has bi-polar, and as a calculated expense incurred a ban?…..

[devilish]

I am sorry, I should give rene the benefit of the doubt….I take it back…[dozey]

lifexperience

I found this on WA legal aid site…….
***********QUOTE*************************
Landlords may also refer complaints to the Department of Consumer and Employment Protection

Department of Consumer and Employment Protection
Head Office
219 St. Georges Terrace,
Perth Western Australia 6000
Locked Bag 14
Cloisters Square Western Australia…[Read more]

I beleive that if you let an agent dictate your offer terms, then it will be biased in THEIR favour. With little chance of leaving

If you are making a genuine offer, then you can afford to be firm and make your own terms.

I would put in -subject to a satisfactory property inspection at a minimum

The RE Agents equivalent is -subject to major…[Read more]

Hi marissa,
I too beleive RE Agents often underperform.

Both to owner and to tenant.

As a tenant who always paid and kept property in good condition, I often moved on purely because I was sick of being treated like a second class citizen by nosy, rude, arrogant agents.

Hey!, after all my rent was putting money in the agents hands, the owners…[Read more]

Neighbours could (and I have always found) been interested because:

a. you could be new neighbour, good to start off on the right foot.
b. If you are buying, they could get a feel for the value of their own property and neighbourhood.
c. And like simon says, country folk are “experts” on their own area and love to talk.
d. If you do end up…[Read more]

I recently discussed a partnership with a co-worker where we considered this scenario.

105% Loan split equally 2 ways
He put in 20% equity as security from his existing property.(silent money partner)
I do the running around and leg work.(time partner)
Split profit or loss 50/50

Note, I have already set up a few ip’s that are pos cashflow in the…[Read more]

My completely un-educated and wild stab in the dark answer is:

Travel is travel, use whichever one of the five travel deduction methods suits and claim it as a deduction from your income.

Unless you really wanted to claim it as capital expenditure (i don’t know why you would), then you could probably argue it in there that way.

I’m no expert,…[Read more]

Very interesting guys…all good.[biggrin]

I would like to reach inner peace and spread that calmness to others…….[cool4]

lifexperience

As an electrician I know those electric wall heaters cost mega bucks to run. I had a deal with a tenant where I paid (don’t ever try this at home) for electricity with one of these.

For example an average 40kw electric wall heater costs (at about 12c a kW/Hour) a staggering $4.80 per HOUR. YIKES.

One lady and a child only using it 5-6 hours a…[Read more]

Hi Greg,
I would have thought that if he doesn’t refinance then you are better off as you are still making positive cashflow.

If you are worried about realising the premium at the exit end, then maybe you could reduce the selling price and increase the interest rate so as to make more during the wrap than at the end (ie:…[Read more]

Marc1,
When I myself, learned of the existence of our subconscious mind and the role it plays in our success or the lack of it, I was surprised to find in my subconscious, values that others had planted there over the course of many years.

This is something I am also unhappy about. If it weren’t for these little anti-values, I would have my own…[Read more]

Ali,
I saidI also have a problem with “facts”

I don’t know that you can ever 100% be certain about anything. You can play on the probability of certain incidents happening again (which is how science works), but you can never know for sure.

then you said:
LifeX and Kay, excuse my flat scientific approach to your ideas about proving facts, but I…[Read more]