hi julie,
I havent read article you speak of,& not even sure if my answer is right,but my understanding is,that even if you have never applied to have your name on a title,but your partner has,that you are no longer eligable for grant.
I would like to know myself,too.Anyone know for sure??[confused2]

thanx guys.i’m off to see accnt.[biggrin]

not sure i know what u mean…sorry[withstupid]!
What are u suggesting i negotiate? For current owners to rent? Or to shorten settlement??

Oh my god,gatsby! i havent laughed that bloody hard in ages![biggrin] LOVE the dog’s name!

Well,i have had some “interesting” experiences with valuers that i could share:
A)One such Melb based co. sent out a guy that was just purely RUDE,for absolutly no reason.(Maybe he just had a bad day??)But,my instincts told me i was in trouble.Yep,val came in way under.Luckily i was using a savvy broker,who disputed it.No luck,so i switched…[Read more]

thanx everyone 4 great replies.

Thnx 4 such informative answers!

Can u pls give an eg scott? As i have just started claiming depreciation,but not sure of how it will affect me if i need/want to sell.

Thanx everyone for such brilliant replies! My situation is,that i got 3 local r/e val’s, of course using the highest to give to bank valuer as a “standard” price.The r/e’s was 390-low 400’s, but the bank’s only came in at 340! I knew it would come in lower than r/e,but not by that much! I was hoping to access more of it for new i.p. [ohno2] Do u’s…[Read more]

wowie! thanx lucifer,what a reply! U r oviously someone in the know! I need 2 absorb & act. cheers[confused2]

Good point! That’s the sort of info i need! Someone suggested i could start a trust,or company to be paid,but i am completely ignorant (but willing to learn!) with all these tax issue thingies.I wonder if it would work out financially better to be paid now (& could prob’ly claim other costs too? Eg petrol,power,etc) as opposed to paying upon sale?…[Read more]

I have had such a huge dif. in val’s from the local r/e’s to the bank val’s, that i feel i cant rely on either! As for pumping more cash in to lower it,no can do-none to pump in! But,am trying 2 work out how 2 access any avail. equity without getting a lower valuation! Thanx.Any one with other comments??

Gee Monopoly,i dont think it was such a silly qu. that i needed ridiculing! Thanks Kay,that was a very informative & much appreciated answer.

Wow! (lifex) Sounds great! Maybe alot more work 4 u tho? But has given me some great ideas.What about if tenants steal/break your things??

well,as a beginner,i thought it was best to put in as much as possible 1st! So,mine have always been min20% deposit.(stupid me).Is it hard to now re-finance to access that 20% avail to purchase more i.p’s???

Cant say for sure,but it obviously depends on which state,as i just purchased my 1st i.p. in NSW & was astounded at how much MORE info was given in the transaction than in Vic. (about 20 pgs more) So,best to ask your solicitor,perhaps?

sorry,i’m off looking at a possible purchase this weekend.But pls keep me posted for further catch-ups!

Thanx so much 4 the feedback.All taken on board.

I feel i’m only a baby at this investing business, but still have learnt sooooo much,& yet, still soooo much more to learn…
1) Pace y’self,depending on your expectations,& your abilities.
2)Ask sooo many questions that you drive away only those that KNOW the answers & will help b/c it’s their joy to.
3) Learn 2 bite your tongue.99% of those u…[Read more]

count me in,if it’s central,& at a time i;m not at the salt mines! (work)
Can u letme know?
Cheers.