Originally posted by kp:
Unless your tax deductions are “non cost” deductions like depreciation for example, then it is self delusional to say that reducing the tax you pay such that you end up in a lower tax bracket is effective.
You are in effect spending a dollar to get 48.5c back in the top bracket, and spending a dollar to get back even less…[Read more]

Hi John & Lois,

Try this:

http://www.reports.rpdata.com.au/cgi-bin/vgmsg/RP_Reports/subprofile/rprepgenprofile-pdf.p?type=1&fromhome=1&rep=1&instate=Queensland&insuburb=Mount+Isa&inpcode=

It is a little bit more up-to-date, and may be of added interest along with other links provided to you.

The rpdata reports (as per the one above) is…[Read more]

Marc said:
To say “I don’t do that” simply means “I do not do that consciously”…

Aka “denial”; an integral part of our survival mechanism and the programming to which you are referring.

Cheers,

Jo

Hi Marisa,

I know this doesn’t impact on you, but for others out there:

FYI http://www.rpdata.com.au no longer provides a free suburb report for any Victorian postcode [glum2]

Jo

Salicious,

I don’t think it really matters, especially as these days, if you were going to render it for instance, whose going to notice and/or for that matter care?? People tend to view buildings of interest (for example) “fibro vs weatherboard” or “weatherboard vs brick” not “brick vs brick”; as long as it isn’t going to fall down around their…[Read more]

Hey Misty,

Can’t recall if you ever mentioned it or not, but if it’s okay to ask, how long have you been investing in property?? You seem to be disillusioned at times, which is sad, because albeit a challenging form of investing (depending on the market, vacancy rates etc etc) it has it’s good moments.

I do know how you feel at times, and…[Read more]

Hi kp,

Yes you’re right as far as negotiations are concerned, one can only but ask. And at the end of the day, after exhausting all avenues, and talking till your blue in the face, if the PM refuses to budge, then yes, you only have two options, accept the rates specified or find another PM. Oops sorry, option three (as you are already doing)…[Read more]

Misty,

Did you not tell them that 2 of the 3 properties in question were presently / to be tenanted?

A quick lesson: never ASSUME anything especially if it involves you paying over money for goods and/or services. If they don’t ask; you make it a point to TELL them EXACTLY what you require!!!

If not satisfied, and obviously paying for tenants…[Read more]

Hi Marisa,

I use the one insurance company for all my home/contents/landlord/car needs, and by having all the policies with one provider, I am offered a nice little discount. I am sure most insurers will do likewise for you too; but do shop around first for the best deals.

Cheers,

Jo

Hi jsandso,

I understand your question and would like to answer simply by saying, not necessarily. That is, I have had both good and bad tenants, and not always as the result of doing the screening myself.

Basically, there are no guarantees of attracting good or bad tenants either directly or through a PM, and as already stated, I have done…[Read more]

Are you disciplined enough to use a credit card??? But a very LARGE one???

A line of credit (LOC) works well for many, but if you have a problem putting money back in, you could get yourself “maxed out” and in deep water later on. The key here is DISCIPLINE.

I have so many….but geez if I had to choose one it would have to be…

[smash] Shawshank Redemption [smash]

Shhhh Benson…(it’ll be our little secret okay???) [winking][winking] Maybe if I’m lucky, no one will notice!!! [whistle] [lmao]

Don’t know about that Pelican; don’t go counting your eggs just yet!!! Oops sorry, that’s for chickens isn’t it??? And you’re a……??? (Yeah I know, not a duck) [laugh4][laugh4][laugh4]

[blush2] Thanks too Hotshot, you’re sweet!!! [blush2]

Originally posted by yack:
I will start with Vic: Surburbs of Melb. Well for me anyway. (Me too Yack)

Management Fee 5 to 7% + GST. In my case its 5% as I have multiple properties.
Poperty Condition Report – Included
Quarterly Inspection – Included
Bond Inspection – Included
Letting Fee 1 wks rent + GST
Postage & Petties – $3 Statement…[Read more]

Originally posted by Aceyducey:
Frankly I see extremely limited value in buyers’ agents. Most people using them would be far better off making the time investment in their own future financial success, not trying to employ another type of consultant to succeed for them.

I also feed myself & wipe my own backside on the toilet rather than employing…[Read more]

Hi Steve,

After re-reading your post, I got the impression your offer (that the agent refused to submit) was not a counter offer, but rather your first offer; is that correct?

If so, then hate to say, but you were not “gazumped” you were (as Aussie said) just too late!!

Cheers,

Jo

I wish!!! [blink]
Don’t think so WAF, for starters I’m not a redhead, but thanks all same!! [blush2]

Hi Wilf and Norene,

I agree, I feel for all parties concerned. It is, as I said “dirty pool” and although underhanded behaviour, it does happen from time to time, and if you’re unfortunate enough to be exposed to it; it becomes very frustrating!!

There is a great deal of trust that goes into both buying and selling property, for all involved to…[Read more]

Originally posted by kay henry:
I think Steve is trying to gazump, on this occasion.

You’re being funny right??????[lmao]??????
Anywone who has ever been “gazumped” will not see it as humourous!!![thumbsdownanim!!!