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  • Profile photo of mick64mick64
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    @mick64
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    Post Count: 45
    October 27, 2012 - 5:44 am

    The figures are correct.

    Standard short font driveway

    Profile photo of mick64mick64
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    October 27, 2012 - 5:23 am

    Derek,

    You have it in one, its the $2600 per annum that i would much rather be paying my mortgage etc.

    Didn't sound right to me either!

    Profile photo of mick64mick64
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    October 27, 2012 - 2:50 am

    Thanks Terry,

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    October 27, 2012 - 2:10 am

    XDrew, Body corp doesn't scare me, it was an added cost that didn't fit within my property profile! Of course i will insure my investment. I would rather the additional monies being in my offset saving me money.

    The body corp agreement is not a written one but rather an informal verbal agreement between the previous owners of the 2 properties.

    Terry, nothing in the searches hence the ? are we obliged to continue paying.

    Profile photo of mick64mick64
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    October 27, 2012 - 12:20 am

    Thanks Jac,

    $22 is a lot cheaper than Tica anyway!

    Veda own the site and they are one of the main credit reporting agencies so should be credible.

    Profile photo of mick64mick64
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    October 26, 2012 - 9:15 pm

    Are there any private managers on the forums subscribe to Tica or other similar reporting agency's?

    I would appreciate any opinions both positive and negative.

    Thanks Mick

    Profile photo of mick64mick64
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    October 26, 2012 - 8:24 pm

    I like Jamies spreadsheet better!

    Thanks Jamie

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    @mick64
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    October 26, 2012 - 8:06 pm

    Here are a couple more!

    http://mybank.com.au/negative.asp

    http://www.smartline.com.au/mortgage-calculators/investment-property-cashflow.html

    http://www.yourinvestmentpropertymag.com.au/calculators/negative-gearing/

    Profile photo of mick64mick64
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    @mick64
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    October 25, 2012 - 10:22 pm

    Another historical reference is Dai Gun San (Big Gold Mountain) in reference to the Chinese gold miners, 

    Profile photo of mick64mick64
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    @mick64
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    October 23, 2012 - 2:19 am

    Bendigo is a major producer of Eucalyptus oil:

    2 species used are

    "Bluegum Rise"       blue mallee gums (Eucalyptus polybractea),

    "Peppermint Gum Rise"        narrow leafed peppermint gum (Eucalyptus radiata var. Australiana)

    Profile photo of mick64mick64
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    @mick64
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    October 20, 2012 - 4:10 am

    I like combining scuba diving and travel…..have a few os trips under my belt and hoping to purchase ip's at good dive sites around the country.

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    October 14, 2012 - 9:04 am

    The property management fees are also very high…….18% from memory!

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    October 14, 2012 - 6:53 am

    Hi Scott,

    Yeah I have, but we wont go into that!

    No extra rooms being created and the tenants seem to be getting on so it may be a win win.

    Profile photo of mick64mick64
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    October 14, 2012 - 1:00 am

    What about Mortgage insurance on the initial purchase…….aprox 30k

    Looks like a tight deal.

    Mick

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    October 12, 2012 - 9:29 pm

    Thanks Derek and Richard for your advice!

    I heeded your advice and am thankfull that I did.

    Mick

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    October 12, 2012 - 7:08 pm

    Thanks jvalender,

    Some good questions there! Some that I wouldn't have thought of asking.

    Mick

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    October 12, 2012 - 7:05 pm

    Thanks DWolfe,

    I have taken your advice and contacted 3 PM;s whilst their pricing is very similar their levels of enthusiasm varied greatly…..I will put it down to being Friday afternoon.

    Lets see what happens next week.

    Mick

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    September 13, 2012 - 5:58 am

    I unfortunately had not been saved and waisted a few hours and a few hundred dollars attending Park Trent seminars and sales pitches! But luckily i didn't invest any of my hard earned dollars with them 

Viewing 18 posts - 21 through 38 (of 38 total)
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