1. As boring as it is, my ultimate goal this year is to get my home loan down to an amount that will allow us to pay it off in 2014!! Oh that will be a magical day!

2. The misses is already on board but as the year goes on try and keep her convinced that we don't need any holidays this year to help concentrate our money into goal number 1!

3.…[Read more]

Fair enough if it cost you a fortune to use a great mortgage broker to help you set up your loans… but it doesn't!!?? It costs you NOTHING!!!! There isn't much you can get for nothing these days! I think they are worth more than what they get…

Just remind him although non deductible debt any profit made is CGT free!! Would be nice if you made a nice profit on your house from reno's, extensions or just market growth and got to keep every cent of it!

Good news for Uranium…

http://resourceinvestingnews.com/47801-japan-election-an-early-holiday-gift-for-uranium-market.html?utm_source=Resource+Investing+News&utm_campaign=3c3bbc95c1-RSS_EMAIL_CAMPAIGN&utm_medium=email

Learn something new everyday! Thanks Terry!

I don't think you could claim the interest as it is no longer producing an income however you would be able to carry the capital loss forward and use it to offset future capital gains.

YourShare is actually pretty good and has won best cash back service in Money magazine for a couple of years I believe.
Don't think it really works on home loans, but is meant for most insurances like car and life insurance etc. You can get a couple hundred bucks back a year all for nothing. If you buy this months Money magazine 'the best of the…[Read more]

You have to remove it though. I would say a developer is going to build units or something on the land and instead of having to pay for demolition they want to make money and sell it off cheap.

St George bank maybe?

Hi Richard,

it is soo good for landlords at the moment! Not so good for tenants. 
I wish I had 10 properties here now! There is just no vacancy at all.
i know a couple of people who are living in tents at the caravan park because they moved here for work without accommodation lined up, and even the tent sites were hard to get. A lot of people are…[Read more]

Not sure about Newcastle but in Mount Isa there is actually a facebook group that is solely for the private sale and lease of properties in this town. Due to practically 0 rentals available through the realestate agent this facebook group has become very popular. Surely somewhere like Newcastle would have something similar and would be worth checking out.

Would love a drop! but I think they will hold….

I would take action straight away. I am no lawyer but if you are aware that he is growing drugs and let him to continue then if things turn bad you could be just as guilty as him?
Personally I think it is worth the extra hassle of having to find a new tenant. All part of it if you choose to manage the property privately.

Sounds like you're ready to go!

Fingers crossed you get the property for a good price!

Derek has alot of good points there Jewel. Personally I think renovating itself isn't that difficult but renovating for profit is alot different. I know a few guys that have completely stripped there house out and re did it, and the extra value it added is no where near what it cost them not to mention the hard work and time taken.
If you spend…[Read more]

Good to hear you picked a few things up! It's definitely a great site to learn from! Bunnings and Mitre 10 both have really good and easy kitchen making programs so you can lay everything out on your floor plan and work out what you want and what will fit. All on their websites. Floor coverings should be pretty easy to remove yourself and i'm sure…[Read more]

I get hit with 11% on one of mine! Besides the fee though they do do a really good job.

Good to hear you got the place rented out! You should have asked the guru's on here months ago!

Personally I would save your money on the courses and buy the API renovators handbook for $30. And obviously you have the internet so everything you need to know is on there! I learnt how to plaster and lay carpet from youtube and mitre10/bunninings instructions. I put up new ceilings and floors in 3 bedrooms and you wouldn't even know it is a DIY…[Read more]

Hey Scottsdale, 
I have bought silver from Perth mint over a year ago and remember the gold was around $45k back then. Obviously haven't checked in a long time. Sounds like its doing better than my silver!

How much money are you talking? About $40K will buy you a kilo of Gold…