Risky/Actube

I think Actube is talking about ‘squares’ and Risky is talking about square metres. So a 16 square house is as rugbyfan wrote, probably around 170 square metres.

Cheers
Mel

The reno kings. Geoff Doidge and I can’t remember the other guys name.

http://www.renos.com.au

Cheers
Mel

Rugbyfan, a ‘proper’ one would be good, but if that is really you skiing then it’s an awesome photo!

Cheers
Mel

Originally posted by kay henry:
yeah, Mel- they might wear leather accessories, but i was talking about their bodies- aren’t dogs made out of leather? just like cows? Or am i wrong here?
kay henry

[]Um, I don’t know. It’s just skin and fur from what I see……

Cheers
Mel

Originally posted by kay henry:
Mel’s puppies like wearing leather too )

Most of them have leather collars! You can actually get a really nice leather jumper for the dogs to keep them warm and they look so cute. However, whenever we’ve put any sort of jumper on the dogs they manage to pull it off, so I haven’t wanted to lash out on expensive…[Read more]

That’s pretty cool Fibes, then when you argue you can slam the door and go back to your own place!!! []

Cheers
Mel

Hey Ben, best bet is to contact one of our esteemed mortgage brokers on this here forum.

they should be able to cover all your questions re finance, borrowing, savings etc.

Cheers
Mel

fullout, why so concerned with being a guarantor?

For the first couple, you might just be better off doing it anyway.

Cheers
Mel

Hi Noosa and welcome to the forum

It sounds like you aren’t 100% sure where you are going, and have many ideas in your head.

I suggest contacting Mortgage Hunter or TerryW who are regular posters on this forum. They can discuss the loan options with you and explain the LOC, and your other finance questions.

Buying into commercial is a lot more…[Read more]

Initially Steve did a lot of wraps, so he was getting deposits off his wrappees which helped him in purchasing the next one etc.

Dave also continued to work as an accountant, thus earning more money to go towards their deposits.

Unless you have some income like that, or explosive growth, be happier with a much slower progress than Steve’s![]

Cheers
Mel

Bummer. I wonder how long some of them would have sat waiting before realising they had missed it? Don’t think I would have been too happy.[!]

Although on telly it looked like it was a looooooooooooooooong train.

Cheers
Mel

Originally posted by Phil:
ah huh, whats the diff. between CPI and market forces when it comes to rent prices? Is this good/bad?
I was thinking renting it to them.
Do they buy houses at inflated prices?[]

Say CPI is 2% (RBA wants 2-3% per year). So on a $100 pw rental, you will increase by $2 per week. But if it was on the ‘open market’ you…[Read more]

Originally posted by Phil:
Melbear, when you say inflated prices your not talking about rent are you?

Nope, I was talking about purchase price if you were going to buy one. Are you looking to sell it to DHA, or just get them to rent from you? If you want them to rent from you, definitely check out fair market rentals in the area – that’s the…[Read more]

Elysium, you could always get him to pay the couple of days worth of rent, and then have the rental fall due on payday, so he is then paying on time all the time.

Cheers
Mel

Originally posted by Phil:
did I hear someone say 5.99% fixed for any length???
We just did some fixing last week, 150k @7.15 for 1 year!!! Did we get ripped?
I’m still learning the banking part, poss not very well.

Phil, I don’t like that rate very much! Isn’t variable rate only 7.07%? Although if there are no fees to get out of the loan at…[Read more]

Arty, what about the one lying down? That could be me too?

As I haven’t any kids, it would be a safe bet to say that I’m not looking like a doting parent[]

Cheers
Mel

I didn’t think it was carrying passengers at all – wasn’t it a freight train?

They said they expected quite a crowd to welcome it in though – did that not happen?

Cheers
Mel

I love playing with my puppy dogs!! [][][:p] Although I need 5 hands to do so effectively.[8]

Cheers
Mel

Phil, I’ve found that DHA prices are a bit inflated, and when selling, you are locked into an investor only.

There’s been a fair bit of discussion for pros and cons of this investment recently. Do a search for DHA, or Defence Housing and it should come up.

Cheers
Mel

‘Sell PPor 380000
Less owing and costs (160000)
Balance 220000’

Leigh, I thought Sue covered that in the above?

Cheers
Mel