Bullaburra, about half way up the Blue Mountains. I commute to North Ryde which can take anywhere from one and a quarter hours to over two hours. But the air is lovely up here.

Insanity is doing the same thing and expecting a different result

Thanks Jenny

Insanity is doing the same thing and expecting a different result

Thanks Michael,

I imagine that there would be a charge for this, do you know what I could expect to pay?

Lyrical

Insanity is doing the same thing and expecting a different result

‘Remember, if the author offers an expensive seminar, put the book back on the shelf.”

Probably the best advice so far

Hi Ratherbfishn,

You know; I haven’t seen a post from any of the usuals to your topic and that unsedttles me a little, but… In my humble opinion and I am certainly no expert, I would hold onto a property that has already shown the extent of CG you claim in such a short tine and have a very serious chat to a very knowlegdable mortgage broker…[Read more]

Originally posted by The Mortgage Adviser:
Come on Jo…

Why should tax payers who CHOOSE not to have kids pay for taxpayers or non-taxpayers who make the choice to have kids?

No-one said motherhood wasn’t tough, but why should everyone else have to pay for some peoples CHOICES???

How about giving a ‘Working Bonus’ for those who don’t have kids…[Read more]

quote:
Hello!

Aside from the jokes about men in tights…or shorts, or with squeky voices …
My favourite on how to spot a NZlander is when they say the number 6. It always comes out a little different then they probably intended it too.
(Yep, I do giggle like a little schoolgirl, but I try not too) [:0)]

Must run…

Cheers
Sooshie []

When…

[Read more]

If you clicked on to the “Sell” button the charge was $495.

Hi Rubbachook,

A property can be negatively geared but give positive cashflow if after all tax deductions are claimed there is after tax cash in your pocket. One way of doing this is through depreciation.The best way to find out more about how this works is by reading. I’m a recent convert to Margaret Lomas’s books. Up until then I was stuck on…[Read more]

This is great! Some-one else is asking all the ‘stupid’ questions so I don’t have to. LOL had me stumped.

If you are buying to keep then capital gain is not so important. There are other ways to get equity in your property without relying on Capital growth. Look for mortgage/debt reduction strategies. Some ideas in Margaret Lomas’s books.

I was just wondering the pro’s and cons of saving the 20% vs paying the LMI. On a $150,000 property, 20% deposit will be $$30,000 whereas the LMI will be $3750. If you delay your purchase by 12 months to get together the deposit and the market rises by 5% your $150,000 property is now going to cost you $157,500.If you can save rather than borrow…[Read more]

Thank you Todd,

I really appreciate your help and guidance. It’s a learning curve at the moment.

For anyone who is interested you can obtain some useful calculators at the Destiny Financial solutions site here: http://www.edestiny.com.au/default.html

This might be useful:
http://yourestate.com.au/index.php?PHPSESSID=0a375bcb1cc5fb1803c4ab8b33709986