Total Members: 159,207

melbear

  • melbear replied to the topic Bye Bye NSW Property Market (long) in the forum General Property 20 years, 6 months ago

    Pisces

    Did you note my post read: ‘A message from Robert Kiyosaki’?. Have another look.

    Why does a true investor not worrying about taxes not have merit in this situation? Are you planning on selling? Oh yes, that’s right, you are looking at wrapping – but you can get away with it if you mark up by 11.9%!

    I will not plan on selling any of my…[Read more]

  • melbear replied to the topic Title not in our name-claim renovation costs??? in the forum Legal & Accounting 20 years, 6 months ago

    Hi Bec

    To be honest, I don’t know how you would claim it either! Best ask an accountant if you are able to deduct the costs off the profit of your option. that’s the only real way I think you could claim it……. But definitely ask a good accountant.

    Cheers
    Mel

  • melbear replied to the topic Capitilised Interest in the forum General Property 20 years, 6 months ago

    But also stand by for some changes in the legislation![grrr]

    Cheers
    Mel

  • melbear replied to the topic ELVES = 500 POSTS! in the forum No Subject 20 years, 6 months ago

    Yay for Elves.

    Your posts have taught me heaps, so thanks[grad]

    Cheers
    Mel

  • melbear replied to the topic Duty of Care… when does it start and end? in the forum Opinionated! 20 years, 6 months ago

    Mum worked at a childcare centre, and it was the same story. They couldn’t make it completely secure, in case a burglar couldn’t get out!!

    Cheers
    Mel

  • melbear replied to the topic Cashflow in the forum General Property 20 years, 6 months ago

    Hey Shaun

    You can’t buy a million shares! max is 99999. However, if you try to buy that many of the CDs, it definitely crashes the computer!!![biggrin]

    Tried it twice before I worked out it wasn’t going to work![blush2]

    Cheers
    Mel

  • melbear replied to the topic MELBEAR = 2000 POSTS! in the forum No Subject 20 years, 6 months ago

    You could always start with a new name, then you would have a change of coloured stars.

    Excellent idea Muppet! Altho I wanted my purple ones back – I liked them…[blush2]

    Cheers
    Mel

  • melbear replied to the topic Go Tigers in the forum Forum Frolic 20 years, 6 months ago

    Yep, it was certainly great to see the mighty Brumbies beat the Chiefs to score the home final.

    As for the aerial ping pong – let’s just say my team got flogged, AND I got lots of footy tips wrong! [:(]

    Cheers
    Mel

  • melbear replied to the topic New to the game…help! in the forum Help Needed! 20 years, 6 months ago

    Originally posted by DD:
    sell the dog
    DD

    [evil5][glum][satan][thumbsdownanim]

    Bad DD!!

    Sylvester Stallone sold his dog before he made Rocky. He had written the script, and wanted to play the lead. he was offered a lot of money (can’t remember how much – about $400KK) for the script, and him NOT to star – ryan O’Neil to star[lmao]. He was…[Read more]

  • melbear replied to the topic agents in rockhampton in the forum General Property 20 years, 6 months ago

    Hi B.J.

    I’m certain there have been a few posts discussing prop mgrs in Rocky.

    Have a look at the search function on the left, that should give you some answers…..

    Cheers
    Mel

  • melbear replied to the topic Deal or no deal? in the forum Help Needed! 20 years, 6 months ago

    Sorry – I meant to say

    Deal!

    Cheers
    Mel

  • melbear replied to the topic Deal or no deal? in the forum Help Needed! 20 years, 6 months ago

    Hey Sue, can I have the details so I can go and buy them [:)]

    If you have the options of both increased cashflow, and future gains, grab them!!

    Not sure what you think of wraps or whatever, but you could always sell one or two of them to existing tenants if they have been there long term – you could do a ‘real’ vendor finance deal by taking a…[Read more]

  • melbear replied to the topic InCoMe!!!!!!!!!!!!!!!!!!!!! in the forum General Property 20 years, 6 months ago

    1. Internet businesses
    2. Shares
    3. Livestock breeding
    4. Vending machines
    5. …… I’ll get back to you on that one.

    Cheers
    Mel

  • melbear replied to the topic where to buy in NZ in the forum Help Needed! 20 years, 6 months ago

    Hey Westan

    I remember Dolf De Roos saying that leasehold land is generally long term lease in NZ, and is often sold at a discount to freehold?

    He said that an advantage of leasehold is in the depreciation. Because you are not paying any money for the land, you can depreciate the entire purchase price.

    Is this not true? Or not really relevant…[Read more]

  • melbear replied to the topic Rude in the forum No Subject 20 years, 6 months ago

    HI Cobra

    I wish! As I said, I rang the Ombudsman’s office, and they are the ones who gave me the info! I’ve had three debits reversed so far ($2083 each!), and last week I finally got a letter from the company debiting my card letting me know that my bank reversed the transaction in February (they’re very quick these guys that work for NII)!!…[Read more]

  • melbear replied to the topic No more finance in the forum Help Needed! 20 years, 6 months ago

    We originally started with St George, but then got knocked back on a loan as they thought we ‘were too aggressive’, and that prices were going to fall – this was in November 01! Plus, we were already jointly over their ‘comfort level’.

    So to get that deal across the line we went with HomeLoans Ltd. Another deal we went to with HomeLoans, and…[Read more]

  • melbear replied to the topic 6 Things i’ve learnt in the forum No Subject 20 years, 6 months ago

    1. Be ready and willing to fire your advisors if they’re not the right fit – or if you are constantly educating them.

    2. If you sign contracts for a long settlement with no finance in place – get onto it early! Be prepared to go to backup plans (I went to plan E on my last purchase [ohno2][puke])

    3. This forum is a great place to learn what you…[Read more]

  • melbear replied to the topic Is it Possible??? in the forum General Property 20 years, 6 months ago

    My company just got a low doc loan – on my financials, and they did not care one iota about my ‘savings history’. I had to ‘declare’ my income, and show them my assets and rental etc. and that was it!

    Savings would have killed me because there is none as it all goes towards bills and more properties….

    Cheers
    Mel

  • melbear replied to the topic MELBEAR = 2000 POSTS! in the forum Forum Frolic 20 years, 6 months ago

    Ha ha Kay.

    Cheers
    Mel

  • melbear replied to the topic Brisbane/Townsville team in the forum Legal & Accounting 20 years, 6 months ago

    I think Dymphna boholt? – from the wildy wealthy women is recommended by Dale Gatherum Goss.

    Also Julia from this forum.

    Cheers
    Mel

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melbear

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