Chequebook?  What is that!Thanks Ill painfully wipe the cob webs off my 2007 archives and try to locate proof!

Hi Spock,Regarding getting laughed at.  Id dig depper into this as a confident bid is effective.  If you are not comfortable making an offer, does this mean you are not certain your offer is valid? ie do you have stats and data to support the offer you plan to make?By having this type of information, you can make your offer with confidence that i…[Read more]

1. Hold2. If appears to be a trend, sell, otherwise hold.3. Sell4. Get another job, if not successful, sell.5. Same as scenario 2.  Its all about whether the numbers stack up.

I apologise if this is a dumb question.  Did you run a cable between your cassette headphone jack to the PC mike jack? If the quality is still bad, I dont think anyone else can do better.  This type of recording should at least be 95% same quality.

This forum is a good place to start looking. How about you also find someone 50+ years old who has heard year after year that "property is more expensive than ever before, its harder for the young ones to get in".  I struggle to pitty those who claim its everyone elses fault that they cannot purchase property.  If you really really want s…[Read more]

Fair enough, as stated, it is my opinion.  For me excel was easier and its all I would use again if I wanted to check.

I think this debate is touching on the question "whats your investment horizon?".If you are buying property for the long term (ie 20 years). You need to certainly plan for ups and downs, but don't track your property as if it was a short term investment.You can invest in both shares and properties.  You can also trade in both shares and…[Read more]

Here are some qwerky things that went wrong with my investments.  Note, all are minor.1. Dont just check good water pressure, also ensure good lighting in each room (1 x room had no lights in it – inspection in the day and so did not notice!)2. Has TV antenna and wall plug, but does not work.  Cannot test it at inspection and can be a little exy t…[Read more]

Good for you Pouncer.  I wish I could retire!  10 years time maybe! Great posts, interesting reading.  Shame it took personal attacks and insults to get people tapping on the keyboard!

Ive noticed in the last few years PMs tend to prefer to lock in a new lease rather than go month by month.  One key reason, kind of mentioned above, is the tenant can give relatively short notice to vacate, however you still must provide (4-8 weeks notice – depending on state).  You cannot easily plan for a new tenant in 2 weeks.

This could be fun…Okays reeco, not sure if this is what you are after. I vote for the following qualifying reasons:a) Must be considered one of the worst 3 maintained houses on the streetb) Must be able to add an estimated $50k market value just through simple, non structural, repairs and renoc) Must be walking distance to a train stationThat…[Read more]

Hi Kim,Facts speak louder.  For every statement above about what you deliver, please provide the data.  Post it here to show everyone how good your company is.You have a tough audience here, so if you are as good as you are confident, front up with the numbers in this post.Regards,

I purchased the software when the hype was made about it on ACA.  I was hoping it made it easy to load up the statements as thisis the time consuming part.  In my opinion you are better off just doing the calc in excel.The formulas are relatively simple to determine, I bet the forumers here could post several and then they just require minor a…[Read more]

Hi Richard,I emailed them at: [email protected]And their response was below.  Which means "No" you cannot claim as an IP is considered a residential property.Under the legislation of the grant an applicant for a first home ownergrant is ineligible if the applicant or the applicant’s spouse hasheld a relevant interest in pr…[Read more]

Thanks Richard, here is FHOG criteria for NSW from: http://www.osr.nsw.gov.au/benefits/first_home/general/eligibility/.Basically you must not have owned a "residential property" pre 2000. I assume this also means IP.   Which means if its in relation to NSW, you do not qualify.Do you agree or is IP not included in "residential property"?eg my f…[Read more]

Can you please provide more info?  My first property was an IP and every time I have checked becuase of this I cannot use FHOG……thanks,

Hi,You should also consider you can land 8% in a term deposit (quite safe)… You should benchmark against this.Regards,

I found this site which is pretty good:http://www.ratecity.com.au/savings-accounts/Sadly does not tell how it calculates the interest to pay.  Note it was my bank manager who pointed out the issue of how interest is calculated that can have a huge impact the interest paid to you.

Hi Jaffasoft,No, NAB calcs interest on daily balance and applies to the account at the end of the month. If you had $500 to start at the month and was contributing say $200 a week, NAB looks at the balance at the end of each day to accumlate interest (ie APR / 365 – or what ever their rule is).  Then pays at the end of the month.Now the other s…[Read more]

Hi,You need to check how they calc interest. eg some calc intrest based on lowest monthly amount (I think ING use to do that), others calculate it daily (and you would expect their rate to be slightly lower).I use NAB isaver.  Its daily rate.Mat