Forum Replies Created
Okay, help me fill in a few gaps here….so Wayne, what you are saying is, you will refinance in 2-3 years against (by then) 2 IPs to buy IP #3, yes????? And then, do you plan to keep or sell #3 to pay for #1 & 2????????
I’m sorry if I sound a bit daft, just trying to get a clear mental picture, on what I think sounds like a great plan!!!
Cheers,
Jo
Nope, and although it is a beautiful place, I prefer the Cook Islands (especially Rarotonga). Enquired about the prospect of investing there, but no luck, I believe you have to be a native/islander to qualify. It could be the same for Vanuatu….but I’d be interested to know if it’s not….I’LL BE IN THAT!!!!
Jo
What if Wayne wants to keep the IP indefinitely, would he not be better off on a P & I loan to reduce the debt, and have it paid off in the end, as opposed to IO for years and then be forced to sell (it or another) to pay off initial loan amount (capital)???
Jo
Hi Alf,
Update….hot off the press!!!!
One of the other posters (Ben aka Bent) kindly informed me through one of his posts, that you can now source the free suburb info (formerly found at property.com.au) by going to clicking on the following link = http://www.reports.rpdata.com.au
Cheers,
Jo
YAY…..BEN….YOU’RE A LEGEND!!!!!
Thank you, thank you, thank you, thank you !!!!!
I had forgotten that the suburb report provided through http://www.property.com.au was indeed by rpdata.com.au and I didn’t even think to try their site!!!
This will be very helpful to anyone who was (like me) disappointed by property.com.au not having this facility any longer, but now thanks to you, we know where to go (hmmmmmm???) [blush2][lmao]
Cheers,
Jo
I guess it’s all about (as someone pointed out to me in here, which BTW was brilliantly put!!!) SANF or Sleep At Night Factor (I love that!!!) [lmao]
Cheers,Jo
Hi Baloo,
It seems the topic has taken on a “moralistic” turn, and it is not my (or anyone else’s)intention to “bash” anyone, however the issue of “taking advantage” of a situtaion (i.e. offering a lower price) due to the vendors separation/divorce circumstances has sparked a bit of contraversy.
Cheers,
Jo
Sorry Rob,
But sadly http://www.property.com.au has been taken over by http://www.realestate.com.au and as part of the deal it seems they no longer have the FREE suburb report available (not since I last looked a week ago). [glum2]
Which is a real pain…as it was a very valuable piece of info offered for free!!!!
Cheers,
Jo
Hi Garry71,
Try http://www.domain.com.au and go to suburb snapshot, type in suburb or postcode, that will give you SOME basic info.
Also try one of the search engines, yahoo or google, type in “SUBURB NAME population” (type name of suburb followed by the word population in your search) and also try going to governing council website for more info re the area.
Hope that helps (for starters).
Cheers,
Jo
Hi hgwells,
Melbear is right, unless it is in the contract, you chances look slim.
You definitely need to speak to your solicitor about this, and suggest that you do so before even thinking about setting foot on the premises, even without paintbrush or broom in hand!!!!
Legally speaking, without (written) consent it could be viewed as trespassing, but not only that, there are major INSURANCE issues, even if granted permission to set foot on the premises, what if (heaven forbid) you were doing work on site, and injured yourself…..who is responsible????
PLEASE SEEK PROFESSIONAL LEGAL ADVICE ON THIS ONE.
Cheers,
Jo
Fair enough Mel; I will keep my ears (eyes) glued [blink] I’d like to know the answer on this myself!!!!
Cheers,
Jo
Chill out Kay,
I wasn’t suggesting anything of the kind, and never would!!!
I have been through a separation/divorce myself, and understand the torment associated with this kind of loss; all I meant was, that if they are going to be parting ways, they probably want to get things sorted out as quickly as possible, and therefore a shorter settlement would do this!!
Jo
Well if you get a $600 bonus for smoking, then I will insist on getting $1200 because I quit!!!!!
Jo [laugh4][laugh4]
Just my 2c worth…..
True, there may not be any tax deductions for the “new kitchen” HOWEVER….if the current cooktop or wall oven (for instance) was totally cactus and the tenants were unable to cook on/in same, this could be viewed as necessary repair/replacement. Or has the tax depts views on this changed since I last looked????? [rolleyesanim]
Cheers,Jo
Originally posted by melbear:I heard on the radio this morning that somebody (can’t remember who) is concerned that women are trying to get pregnant JUST to get the $3K bonus that will kick in next FY. If that’s true I think it’s a bit short sighted, and I’m sure all the parents will agree with me that the $3K won’t cover too many of the costs associated with kids throughout their life. I doubt it would even cover the first 6? months..
Sad. but true Melbear. Unfortunately many young, some very drug addicted girls (with little grasp on reality) have been interviewed by welfare/church groups and the rumour was leaked out from there!!! My understanding is that this train of thought is not shared by most everyday mums who are familiar with the full cost of child-rearing!!!
Jo
Originally posted by JetDollars:Originally posted by Monopoly:For the same reason, as a tax payer, I have to pay for people who CHOOSE to smoke, or drink or gamble, or tell their bosses where to go and get sacked!!!!
Fair enough???
When did you pay for me who choose to smoke? If you can tell me then I will pay you back. 100% money back guarantee.
I don’t think what you said is fair. Re-read what you wrote til you get it.
Thanks Melbear!!!
Chill out JetD!!!
Yes that is exactly what I was trying to say. FYI – I was once a smoker (and not just for a short time either, but for many many years) so please don’t think I am some anti-smoker type or a frustrated reformed smoker hitting out at those who have habitual vices such as sucking on the end of a tabacco stick!!! (Just kidding [tongue] here….light(en) [lmao] up folks)
My reference is more to illness caused to smokers health, the pulic health system, which is by no means enough help for ANY sick person, be they smokers or otherwise!!! And if it meant getting better health facilities for those (ALL) sick people; I would gladly pay TRIPLE taxes!!!
So keep your money, you don’t own me anything; and even though I don’t smoke anymore, I am no less responsible for the tax liabilities as you or the next John/Betty Doe!!!Is that fair enough now??????????
Cheers,
Jo
Hi Marisa,
Thank you!
No great secret….CAPITAL GROWTH!!!
Buy when market is low, hold and when market is at boom….sell, then repeat process…simple!!
Cheers,
Jo
Thanks wilandel, and you too Celivia…..
Now I can go back to the goose who told me that IMHO meant in my HONEST opinion and LMAO as I watch them eat HUMBLE pie after informing them that their interpretation was full of BS!!!! [laugh4][laugh4][laugh4]
Jo
Hi Marisa,
I’m not into developing (well not right now) so size isn’t important to me on this one!!!![blush2][lmao]
Besides, I closed the deal on another property today, which I much preferred anyway; YAY !!!!
Mind you, I feel somewhat guilty; [worried] after getting all that awe-inspiring feedback from everyone too!!
Thanks again all; you’re the BEST !!!![thumbsupanim]
Cheers, [sunny]
Jo
[party] Yippeeeeee!!!!!!!!!!!!!!! [party]
[drummer] New addition to the family [drummer]…IP #4 has arrived!![cigar]
Just got word, my offer has been accepted, and that little baby in Frankston I’ve been chasing is finally MINE!!!!! Totally 100% mine (completely debt-free)!!! [medieval]
Cooling market….yeah baby!!!! Every buyer’s dream!!!
I just love those clearance sales!!! [tongue]
Jo
