Hey,stargazer- I just LOVE your quote (at bottom of yr pg) got a great laugh outta that,thanks.

[angry2] Which bank “LOST” ALL of my loan application details once, & never called me to tell me! I stupidly waited, & waited, & waited for an answer to whether I was to receive my loan (being my 1st ever,I was particulary nervy).After week 3,& the loans Manager refusing to return my calls, & my relationship with agent stretched to the limit, I…[Read more]

Another option you may want to consider then,if you are desperate to get the place rented,is to advertise it as a “share rental” & rent out per room?? As you may find you could get the same rent as renting the whole place out. Just a thought…trying to think laterally.Good luck.

Oh,bummer, Dr. X! I was ready to make you an offer (perhaps a wrap option…) for your kids! My snake hasnt eaten in weeks & I thought they would fill him up!
Now,I hope you all know I am only joking!
Also,I have never given myself a nice enough vehicle that it was worth trading for a house! I was told at a fairly young age that a car is a…[Read more]

kind regards to all 4 answers.

I dont know about others,but I’d sure as hell take the money & relax! I’m not bustin’ a gut now for no reason! My ultimate goal is to retire as soon as possible (well,from the slavery of the traditional work force). I kinda like the idea of waving goodbye to everyone else as they head off into the peak hour traffic…while i can choose to go back…[Read more]

I have actually had a few positive replies via personal message,one of which I hope to set up a wrap with,so there are willing “wrappers” out there,in case anyone sees this “lack of response” & is disheartened if they were thinking of doing the same.And yes,there are all sorts of reasons people would find wraps a great idea.
So,thanks to all responses.

hi,thanks for links.As for whether it is for a PPOR or I.P.,that wasnt what I was asking! I was only asking how to calculate compounding interest! Also, “it’s hardly worth it” (if its similar interest to bank)- well,I know who I would rather get it…family,or the bank….hmmm…doesnt take Einstein to work that one out! SO YES! IT IS WORTH IT!

It’s actually for what ever I want.But must be avail to be paid back in full,with compounded interestThat’s why i need to know the formula 4 working out compounded interest.Why do u ask?

Hi,I am in Vic.

great suggestion,but no where near a bunnings,plus i was sort of hoping for a more formal class/training situation.Not to worry.

Thanks 4 answers everyone.I will get agent in to assess what price they think i could get as either.

Aah,the joys of sick humour….i luv it!

Not sure if this is relevant or not,but last house i sold had a clause in the contract with a few questions in it asking that i disclose any info about works done on the place,was it insured,was work done by qualified builder,etc.It then stated if i falsely answered,I could be in trouble.(ie;new buyer could take legal action.)
So,you can either…[Read more]

I would personally like to thank Julia for the great info you regulary provide for us all.Much appreciated.

OOps! I was trying to highlight & send line 2 only,of your post: “We sucked 3 of them in a short period of time….” ,sorry-but that tickled my funny bone! i wonder if that’s why they havent hung around?
Cant help you with a real answer though,sorry.

Originally posted by tint8754:
Hy there need help and good advice.

After purchasing a five plex six months ago we are still having a lot of trable finding a good property managers. We have sucked three of them in a short period of time and have appointed two new ones and finding it difficult to have them do any work.

eg: It takes about 3 weeks…[Read more]

can someone tell me,pls:
How can one NOT be up for CGT,if it has been rented out during the period it was claimed as one’s ppor? Surely claiming it as a rental during this period renders it as an IP,& therefore would be subject to CGT? I have heard conflicting opinions from 2 accountants on this.Pls help!

can anyone recommend any courses,programs or training that teaches hands-on basic skills of renovating? Also any contact details of places that provide these would be greatly appreciated.
Great post this topic.

i am not sure if it is a common thing or not,but i have heard of 2 friends that had pets giving a “pet bond” to ease the agent/owners minds.