Hi Jaffasoft and Yorkie,To be honest I have been looking at Waverley and Rocherlea in Tassie. One of the many property magazines we buy (I know, I can hear you say, magazines are a waste of money) said these places had consistent capital growth over the last few years. They are affordable too. The only prob is I live in SE Qld and was told no…[Read more]
Hi Quickchick ,Great advice….. I will do what you have suggested right now. I find it great to be able to show my complete ignorance and have people give me advice! Cheers,Tina
Hi Daedalus,Thanks for your info…you are a veritable font of knowledge ! I just used $50 000 as a figure. Do you reno at all? Using the reno toolkit formulas I am scratching my head to come up with any prospects at all in my area of SE Qld that will make me a profit of $25 000 or more by the time the reno and associated costs are added. Cheers,Tina
Hi Daedalus,Thanks for replying. After reading your posts I thought you might never have to time to post again ……you seem to be so busy with the IPS! I think you're right in that there's no point selling it at the moment. There are heaps of properties for sale now. My PM says that the Alinta Gas plant is either being constructed or will be…[Read more]
Hi Guys,Just read through all the posts. I know I am coming to the table very late…..but… what can you tell me about Blackwater. I have a property there. I know it has boomed already. What I want to know is…. should I sell it or will there be opportunities for some profit in the future? At the moment it is virtually paying for itse…[Read more]
Hi Jaffasoft,Thanks for replying. Is there a way I can work out the CGT I have to pay? Say I make a profit of $50 000 on paper. What am I up for in CGT? Cheers,Tina
Thanks Adrian and Amber and Jaffasoft. Can I just ask. Say I find a good buy …. I still don't understand how I can sell it within say 12 weeks and make a good profit considering CGT? Can you or anyone advise me? Cheers, Tina
Hi Teamlazer,I have a toolkit to sell. Brand new . I have never actually used it, only watched one of the DvDs once. I don't have enough time!! If you would like to buy it I will sell it for $650 including posting it to your address. Let me know ASAP as another member wants it also. First in best dressed I guess. Cheers, Tina
i think they make you pay to lock rates in for fixed, obviously variable is variable to market rates, but unless your lender allows you to pay extra – i.e. $250 to lock rates for fixed, you will be paying the higher rate. Note i only found this out after a Macquarie fixed started at 7.5% and climbed at last count to 9.9% fixed by the time the…[Read more]
Dear Nicole,Houses with land (appreciate), thats what I meant.Thank you for pointing out this technical error.Or to be even more technical houses depreciate and land appreciates.However, with the cost of materials going up and the cost of labour going up this is not always true.Kind Regards,Mark LeithProperty AdvocateGlobal Buyers…[Read more]