What are your goals?

What do you thin the market holds for the future?

I feel you need to decide whether you wish to sit tight for a while or continue to buy. Some more thought as to what you wish to achieve should reveal the correct answer.

Cheers,

Simon Macks
Finance Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

I have a clause in our agreement that if the usage is higher tha the previous year they pay the difference. others have a set figure per bill.

I think it wise to ban fan heaters so we bought the more efficient oil filled radiators for each room. Studnets always love those $20 fan heaters and they use an awful lot of power plus are dangerous!

Cheers,

Simon Macks
Finance Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

The lower the limit the better. No credit card is best as far as a loan app goes.

Loans are processed by numbers now. In the old days a good credit card behaviour might sway the local manager assessing your ap but now it is done in a factory and numbers are all that matters.

Cheers,

Simon Macks
Finance Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

You don’t put up rent because interest rates rise.

Supply and Demand determine rent.

A canny landlord should already be renting at close to the max the market can bear. Just because your costs rise doesn’t mean it automatically gets passed on to the tenant.

Do your research and find out what is available, what the demand is and comparable rentals. Determine a price that will see your property let quickly. Remember that a week with no rent is 2% of your annual cashflow.

All the best,

Simon Macks
Finance Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

I have 5 happily sharing one bathroom with a seperate toilet. 3 girls and 2 guys.

There are no council difficulties in my area.

Simon Macks
Finance Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Of course anyone can do this.

The issue is that the ATO do not allow the tax deduction of interest upon the interest accrued.

You need to speak to an accountant or seek a private ruling on this if your friends convince you that it is still a viable strategy – I would suggest they get one too.

All the best,

Simon Macks
Finance Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Candy,

Speak to your solicitor ASAP.

I would suggest you get a quote for repair and have your solicitor put it to the vendor to reduce the asking price by that amount.

This will probably start off some negotiations and hopefully you will get to a place where you are happy to proceed.

Of course this only works if you have the appropriate clauses in place.

All the best,

Simon Macks
Finance Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

with the FHOG , mortgagehunter, you said you must live in it for the first 6 monnths,

NO

I said you must live in it for 6 months starting sometime within the first 12 months.

This seems a hard concept to grasp…….maybe I explain it poorly?

Simon Macks
Finance Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

You should be able to write off the old fittings and then claim depreciation on the new.

You should speak to a QS.

Email me if you would like a referral to the one I use.

Cheers,

Simon Macks
Finance Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Brahms,

What are you talking about?

Simon Macks
Finance Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.