Hi guys

Complete novice at all things websites etc.

when you say ‘cheap’, can you give example pricing.

I’ve recently been offered a deal of $25-$30 per month ($150 only in first year), with DIY webdesigning available amongst other things. Is this reasonable?

Cheers
Mel

I’ve just negotiated a deal for my brother from a private seller.

6 month settlement, can do whatever we like to the property, and I can move in at exchange, and pay a much lower rent than the going rate. At settlement time, my older brother will probably move back into his house, kicking out my younger brother who’ll then most likely kick me…[Read more]

Awesome, thanks Bear and Sue, I’ll definitely look into that further…[aacool]

Sue, we must both be finding it a bit harder to get to the forums these days?[hmm][ohno]

Cheers
Mel

Originally posted by BDM:
Beware of the Real Estate Agent known as Dogbert !

Hey! I resemble that remark[biggrin]

Cheers
Mel

Originally posted by Aceyducey:
Accept a credit card.

Good agents are flexible

Cheers,

Aceyducey

Kewl!

Cheers
Mel

Hey guys

For info – Prime Property have an office located in the Waldorf hotel in the city. They advocate a LOT (perhaps only?) of serviced apartments (Quest run ones etc.), and one of the ‘recent’ developments I saw them promoting heavily was the Aurora apartments in Brisbane – some massive tower with 100’s of apartments. They used to…[Read more]

My plan is to have my paperwork sorted so that I don’t wait until May next year (like I have this year) to do my tax return!

As I got a payout when I ‘finished’ work, they took more than half of it in tax – and I want it back![baaa]

Cheers
Mel

I love debt! []

So much so that I’m about to take on another $840K. This will still keep my equity at about 30%, maybe drop it to 25% (I haven’t worked out the maths yet), so I’m comfortable that I have enough ‘spare’ equity if something bad were to happen.

I’m also not only relying on the rents as my cashflow to pay for the debt, so I’ve got…[Read more]

Bid, if you rent the house for a year, and then live in it for 3, you will pay CGT on that proportion it was a rental ie. 1/4 of the time you owned it. It’s a real bummer if you bought before a boom, with no CG in the time it was a rental, but heaps while you lived in it. You still get slugged for 1/4 of the growth []

Cheers
Mel

misty/Misty1/all

misty’s story is similar to something I read in one of the Tax Guides (nope – I don’t have a life []), where if you own a holiday house, and don’t rent it out at all, you are liable for CGT, BUT, you can claim all interest expenses, rates etc. off your taxable gain! [specool]

Cheers
Mel

Good on you Degzy!!!

there’s been heaps of questions here recently about developing and councils and stuff. Hope they pick your brain well!

Cheers
Mel

Hey Derek

Not only did they ‘try’ to bill us – they did. As they were doing our settlement, they just deducted their fees anyway, and gave us a ‘receipt’. When I reconciled their ‘receipt’ with our deposit receipt, and the settlement statement, I saw that they charged us an extra $100 per property (and it was 5 properties).

since then they’ve…[Read more]

Marlin

To enable your siblings to obtain the FHOG, you could perhaps use the equity/security of your Cairns property to enable them to purchase. It could not be in your name.

You could then perhaps ‘rent’ a room from them, so that they have more income to use to service the loan, and you still keep the CGT exemption for your PPOR because you…[Read more]

Hi Mathon

why don’t you contact Tasman Property, Westan, MiniMogul, wilandel etc. about them finding a property for you in NZ? They can be at the lower end of the scale, and CF+, so that will help your earnings etc………

Cheers
Mel

Newgen, check out

http://www.renovate.net.au/forums/index.php?s=

Cheers
Mel

Yack, definitely agree with Terry re the ‘break’ costs.

We’ve just gone/going with RAMS (cos they’re about the only ones that would touch us) for a $640K loan, which my broker told me will have fees in the order of what Terry said to get out of it in the next two years!!

Cheers
Mel

HHH

I think you would need to ask the bank what their requirements are. They may wish to get the valuation themselves (or maybe you could get one done by one of their panel to take to them).

Cheers
Mel

What about API Mag?

I’m not sure how well it covers Tassie though – hopefully better than the once a year coverage the ACT gets!

Cheers
Mel

Originally posted by Milly:
Also my father has some land. I have convinced him that mowing at his age is bad for his health and that I, with great generosity, will build a duplex on it so he no longer has to mow. [biggrin]

I like the way you think Milly[specool]

Cheers
Mel

Hi Nic

Not sure, but you might be after bangitup.com ?

Cheers
Mel