Total Members: 159,194

neo25x5

  • neo25x5 replied to the topic Living with Parents & trying to stay sane! in the forum General Property 19 years, 5 months ago

    Jo,

    I have been in exactly the same situation a few years ago. I gotta tell you that yours is not a straightforward decision. On one hand staying with your parents gives you the ability to save as much cash as possible as your grow your business while on the other hand I imagine that you can’t `scratch’ yourself without the folks wondering whats…[Read more]

  • neo25x5 replied to the topic Watered down education in the forum Opinionated! 19 years, 5 months ago

    I think it also depends on what you want to do. Those skills that you mentioned are applicable to most businesses but given that in a diploma you generally only skim through the work, its probably more suitable if youre working in a small business environment. I went through the same decision a couple of years ago and decided to go the whole hog…[Read more]

  • neo25x5 replied to the topic Geraldton in the forum Help Needed! 19 years, 5 months ago

    A friend of mine in Sydney has done well for himself lately with land and a couple of ip’s over there in Geraldton…..

  • neo25x5 replied to the topic How far can a landlord push a tenant? in the forum General Property 19 years, 5 months ago

    We don’t know the other side of story here ofcourse, but based on what you are saying, it appears that the landlord has not provided you with sufficient notice of the builders visit. I don’t believe that there is any excuse for not being courteous. As a landlord myself, if i (or the property manager) couldn’t get a hold of you by phone, what about…[Read more]

  • neo25x5 replied to the topic Motivation? in the forum General Property 19 years, 5 months ago

    I am motivated by a passion I have for property, which I believe has come from my parents and their eagerness to buy, sell and hold property while I was growing up. To withstand all the doom and gloom of investing in property, long-term, you need to have something more than an acute understanding of the financial aspects. Like any business, to be…[Read more]

  • neo25x5 replied to the topic Is this legal? in the forum Help Needed! 19 years, 5 months ago

    i dont think so loungeact! the fact that you are residing there (your’re charging your mum rent ????????) makes its youre ppor.

  • neo25x5 replied to the topic Investing in Thai property in the forum No Subject 19 years, 5 months ago

    Sledge

    I’m surprised that you not able to take constructive criticism. What did you expect, that everyone here would be jumping out of our clothes to invest in Thailand????? Frankly unless you had some relation over there partnering in the investment (keep an eye on it etc.) , I would stay right away from investing in areas that I didn’t know…[Read more]

  • neo25x5 replied to the topic Budgeting in the forum Help Needed! 19 years, 5 months ago

    Having a budget is one thing, but as others have mentioned here keeping a record or track of all your incoming and outgoings is critical. I use Quicken to keep track of our household budget, all our investment accounts and investment property transactions. You needn’t be as sophisticated as this; but the Simply Budgets program sounds just the trick.

  • neo25x5 replied to the topic McKnight buys 30 US homes for $1m in the forum General Property 19 years, 5 months ago

    i agree. what a nasty post!! sounds to me like an attack of the tall poppy again…….

  • neo25x5 replied to the topic Encumbrances in the forum Help Needed! 19 years, 5 months ago

    I don’t know. What do you mean responsible for electricity?? If you mean paying it, then that has nothing to do with the easement etc. Thats a tenancy issue if you’re intending to rent the place out.

  • neo25x5 replied to the topic Please help in the forum No Subject 19 years, 5 months ago

    You have a good chunk of equity in your ppor. Your decision will really be based on what you can afford. Downsizing and then buying an ip with any surplus funds is a good idea but you will incur selling/buying costs. Staying where you are and then tapping into your equity is probably a better option but you will obviously need to check out your…[Read more]

  • neo25x5 replied to the topic Encumbrances in the forum Help Needed! 19 years, 5 months ago

    PAWA stands for Power and Water Authority, whoever that is in your state. If a sewerage easement exists on the property, the relevant PAWA as the right to come onto your property to inspect pipes etc.

  • neo25x5 replied to the topic Next Step After Owning My PPOR in the forum No Subject 19 years, 6 months ago

    Agree with foundation. get back to basics and reduce that loan on your ppor. the build up of equity from this and cg over time will put you in a great position to start building that portfolio. good luck.

  • neo25x5 replied to the topic Mortgage Brokers – A dying breed! in the forum Finance 19 years, 6 months ago

    its a shame that the banks/finance providers are welcoming brokers in through one door and perhaps kicking you out the other, in other words making the client/broker relationship very difficult indeed. i would have thought that the brokers had a fair amount of leverage with the banks etc.?

  • neo25x5 replied to the topic is it good time to buy? in the forum No Subject 19 years, 6 months ago

    there is still opportunities out there janet. you really need to look everywhere.

    agree with anubis that tasmania is not such a bad place to invest if you are looking at the major towns (Hobart/Launceston). I was one of the suckers that bought in Queenstown a while back, and while I haven’t totally regretted the purchase, with the benefit of…[Read more]

  • neo25x5 replied to the topic good suburb bad suburb in the forum Help Needed! 19 years, 6 months ago

    don’t worry nick!!! more for us mate :)

  • neo25x5 replied to the topic good suburb bad suburb in the forum Help Needed! 19 years, 6 months ago

    john, my point exactly! This area does have potential and the changes are evident as each year passes.

  • neo25x5 replied to the topic what to ask when inspecting properties in the forum Help Needed! 19 years, 6 months ago

    i think luci has well and truly canvassed your enquiry. Its worth noting again that the vendors agent is motivated to sell the property to you. its a good idea to show as little as emotion as possible during inspections (don’t be saying, “oohh, this mauve looks beautiful on the walls….”). To satisfy yourself of the property’s structural…[Read more]

  • neo25x5 replied to the topic Property Management forms, letters etc.. in the forum Help Needed! 19 years, 6 months ago

    i do as robert has suggested as well. this works well. other than than check the Microsoft Office Templates website. All sorts of templates including real estate types you can use
    http://office.microsoft.com/en-au/templates/default.aspx?Application=OF&Ver=11
    Eric

  • neo25x5 replied to the topic good suburb bad suburb in the forum Help Needed! 19 years, 6 months ago

    lol, i knew you were taking the p***!!!! hey thats ok. i call it `shambletown’ sometimes. my office is in mascot, so i don’t get to see what happens there all the time. you still see the `flannellette-shirt’ brigade, albeit in dwindling numbers, and the odd 13-14 y.o. walking around with baby. but if you see my original post on this topic, i did…[Read more]

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