Geo,

Which means?

Thanks

Milo

Derek,

Thankyouverymuch! [suave2]

Drewster,

I also use CGU. I think they are the best. They cover it all for an excellent price! Had two claims in last 6 years. No problems.

Milo

Hi Simon,

Could you please clarify what sort of “split” are you talking about here? What would it be called by the banks?

Thanks

Milo

Hi,

I bought an IP (unit) in Southport (Gold Coast) a year ago. It’s a 4 year old, 2 bedroom, 2 bathroom, 2 balcony and 2 garage space unit. Neither bathroom has a bathtub. Only showers. No problems with tenants. Tenants are on a waiting list for units in our block!

Thanks

Milo

My dear friends….

It’s not negativity. It’s reality. Don’t fool yourselves with theories about an eternal property boom.
This cannot go on! What on Earth justifies this price boom that we have experienced in last 5 years?
“Luckily” shares have dropped in their popularity, interest rates have dropped, world’s economy is pretty wobbly, wars…[Read more]

Hi Brent,

I can suggest you call Radoslav on 0408272887 for a good quality, quick and cheap installation of a reverse cycle air con. He installed a 3.5 HP at my parents place. I watched him do it and soon afterwards installed one myself at my place. Saved a few hundred dollars. Please do not attempt installing one yourself unless you are familiar…[Read more]

Condom,

What sort of comments were they?

Milo

Hi,

Bought a two bedroom unit in Southport(Gold Coast) two months ago for $192.5K. There are another two for sale now in the same block for $235K.

Milo

Stuart,

Brisbane and Gold Coast prices still have a long way to grow before they reach the low yields of Sydney properties.
What I’m trying to say is that for example, my unit in Sydney is achieving around 4.1% return and house in Sydney 3.3%, while my unit in Southport(QLD) is returning 6% per year.
Reports in July edition of Property Investor…[Read more]

Mcdeyess,

If Townsville has the army and army baracks, it has a good chance to BOOOOOOM, ofcourse.

Sorry, just couldn’t resist posting this silly joke.[]

Yep, Harold.

It’s Queensland’s turn finally.

Milo

Richmond,

Thanks for trying this matter with ‘A Current Affair’. Good luck!
It might be the only way to expose and eliminate PCG and similar parasites.

Milo

Vindaman,

Excusae my choice of words, but don’t be silly!
There is nothing for free in this world!

I recently bought a unit in Southport for $192K, which was purchased for $210K four years ago the same way you have just described.
Four years ago the unit was actually worth under $150K.

The bad purchase partially contributed to a divorce between…[Read more]

Hi Adam,

Just to let you know that I have recently purchased a unit in Southport (Gold Coast), and am verrrrry happy with the purchase.
It’s in a very modern four year old biulding, 700m from broadwater, 700m from Australia Fair shopping centre, 300m from the Gold Coast hospital, 2.1 km from the ocean beach, 3.5km to centre of Surfers Paradise…[Read more]

Hi!

Micheal & Kaye / Steve,
Thank you fo replying to my question. Your expert replies have promted some more questions. I actually want to clarify that I understand what you are saying.

###
Michael & Kaye, you mentioned PPOR. If I understand correctly, the maximum exemption part on CGT is reached after 6 years of IP ownership? Why does your…[Read more]