That’s getting close to the mother being up for fraud…… (which she is guilty of)

Cheers
Mel

Nugen, if your sister puts enough money in your account that your balance is 0 for your loan (don’t put anymore cos it’s a waste as you will not ‘earn’ interest), then yes, your payments to the bank will be $0 – unless they have a monthly fee…

You will then pay to your sister 5.5% on the money, and that is what you will tell the taxman that you have paid. She will also tell the taxman that 5.5% is what she earnt…

Cheers
Mel

Not at all Hot Property. I think you have done well with your commercial, and I’m assuming you did all your research before buying, so knew what you were looking at.

I think the warning for ‘residential’ investors is that commercial is quite different. If we have been investing in residential first, commercial’s a different ball game, so you can’t really jump in with your current knowledge and secure a great deal – but could in fact risk what you do have.

Cheers
Mel

Sooshie, I hope things go well for your Mum..

Cheers
Mel

I was fixing up one of my vending machines yesterday, and a young girl and her grandma approached me to ask if I fixed the machines.

I thought ‘isn’t that obvious’, but said yes. They then proceeded to tell me that the bubblegum machine had ripped them off. I said that I only fixed the machines that I was at – the others weren’t mine. I suggested that they talk to the customer service desk of the shops – they didn’t look thrilled. In the end I offered to give them the 50c from my machine, and they were quite happy with that…

Cheers
Mel

I have two tickets to the Sydney event on 31st July that I’ll sell for $30 each…..

Cheers
Mel

It’s also a mindset thing – and as has been previously mentioned in this thread, you just have to see yourself as a non smoker, and do what non smokers do..

visualisation is powerful, cos your mind doesn’t distinguish between what’s actually happened and what you ‘see’ happening, so that can work just as well…

I’m impressed that there are so many people who are in the process of quitting [thumbsup]

Cheers
Mel

Put signs up at Uni – talk to the accomodation people, the students help office (or whatever it’s called) etc. etc.

Might be wise to secure a place first, and then advertise for students – as long as the demand is there, and it’s a good place etc.

Do a search for previous posts, there’s a few people on here who do the same sort of thing.

Cheers
Mel

You’re a champion Julia – just wish you were here when I was having the argument with Rob the Mortgage Adviser about the legislation regarding market val at start of 6 year exemption period….

Oh well, it’s pleasing to know that what I believed (and had been told) was correct is indeed correct []

Cheers
Mel

Matt, there are tonnes of Aussies buying property in NZ these days…. I think I’ve read it in at least two different magazines recently….

There is no stamp duty in NZ, and you can definitely still find CF+ places – just look at any of Minimogul or Westan’s posts – and I think CastleDreamer’s as well – they find them for their clients.

But you need to do research, there are a lot of aussies that pay too much, and buy site (sight?) unseen, so be wary.

Cheers
Mel