Forum Replies Created
- Originally posted by aussiexj:
I am a newbie and after reading this forum topic I quickly took my post off incase it was stupid.
AXJ
I am sorry to hear that. Please don’t be afraid to post in future. Like my teacher said “the only stupid questions are the ones not asked”
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
I met a bunch of forum readers at a function on Saturday. Nearly all of them told me they didn’t post here because they were too scared of being put down.
Regardless of the writer’s intent it is the audiences perception that is important. I try to read my posts before I post them and think of how others will take them. Perhaps others could consider doing this too?
I think making people feel welcome, regardless of social standing (read number of posts) is the mark of real manners.
Cheers
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
NAB now do a 60% LODOC with no exit fees.
Standard variable rates apply.
If you use the Choice package you may save on app fees as well.
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
I always found it odd that you buy a car after a test drive and a couple of looks but with a home you look twice and then are expected to make an offer. I always thought it would make more sense to live there for a week and go around and meet the neighbours etc.
[blink]
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Check out some of the mainstream lenders LODOC entry into their normal products.
Some I use have no exit fees but they aren’t all as relaxed as we would like a LODOC to be.
Contact a broker and discuss your needs with him. The fellows who contribute here are as knowledgable a bunch as I have seen (except me of course [blush2])
All the best,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
From what I have been hearing about OTP apartments you are lucky to make a profit at all in todays market.
Think back to your investment plan? Did you buy for a short term goal or a long term hold?
Has anything changed to warrant a change of plan?
Remember those who fail to plan, plan to fail [blush2]
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Whether I recommend IO or P&I depends entirely on the client’s profile.
People paying down a home with no intention of buying more property will usually benefit from P&I.
Those wanting to buy multiple IP’s are often better off on IO.
Al lthe other cases between these two extremes will usually depend on the clients intentions, comfort factor and tax situation.
As far as trail is concerned i had never actually considered that IO sees me with slightly more income – I don’t imagine it would be very much really.
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Find a small factory that makes them for builders.
I was quoted $4500 by builders for a new one fitted and paid $2000 plus paid a builder $500 to install for me.
Auctions are also worth looking at. Be careful of buying premade ones or second hand unless you have a very standard kitchen – they can often need a lot of work to make fit properly.
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Originally posted by markusj:Hi All,
I am currently researching the possibilty of buying and renting out on a per room basis in SA.
Do most investors who do this pay for electricity, water etc themselves and factor into per room rent? I would imagine this is the simplest way. Any thoughts are greatly appreciated. Best wishes
Markus
Thats what most do around here!
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
What a terrible article.
I know both parties in that wrap story and the only surprise in this whole story is how many times the wrappees defaulted on their repayments and should have been evicted long ago. Most wrappers would have done so long earlier than Yuchen did.
Both times I met Julie S she told me that Yuchen Chen was her angel – I remember teasing Yuch about being an angel.
I have never said a bad word about the author of that article as I feel that all industries need checks and balances but he has absolutely lost me now. Even tho I am not a fan of wrapping I can no longer believe anything he writes from here on.
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
I am sure Rob has clients in ACT – if not then I have a colleague there who my family uses.
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Why do you suggest not to buy your own home first?
Ta
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Currency fluctuations are the major risk. Can work in your favour as well!
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
I reread my above post and realise it came accross as a bit flippant. I get asked this a lot.
It is like asking which is the best car?
It all depends on your needs. It is quite a competitive area and most of the packages are very similar.
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Depends on what you want?
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Here we go again…..
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Originally posted by Nat R:Stuart..all good points…and I’m happy to let it die a natural death…unfortunatley some people just can’t see the wood for the trees on this topic.
Lets re-group when there is a definitive outcome rather than another false start.
Over and out
Natalie
Good call Natalie!
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
The Garbage man stopped outside a house and asked the rough looking fella – “where’s ya bin?”
He replied “I bin on holidays”
“No” the garbo said “Wheres ya wheely bin?”
“I really bin in prison but I am telling people I bin on holidays ” answered the resident.
Boom Boom as Basil Brush says.
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Any topic gets locked as soon as it turns into a chest poking session between two or more people.
If it is non productive then the two people involved should take it offline and either agree or agree to differ.
Starting to get repetitive don’t you think Stuart? I for one would welcome something new but the only new thing recently has been from the Derivex website itself.
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Slow down Nat – there was no recommendation.
Just someone running figures.
Wish the fish around here bit as fast as you!
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
