ANZ Qantas VISA watered down their points about 6 months ago.

No, you have the insurance for 12 months to make sure you are paying your way, otherwise you join, have the baby and leave and the rest of us who stay in it have paid for your treatment.

Ok, looking at it a different way, do you insure your houses, your contents, your cars? Yes, and do you use the policy every year to “make sure you get your…[Read more]

I’m with Aceyducey on this one. They ahve liaibility insurance that you can probably make a claim against. However, you may find that they will come to the party if you write to them asking for the costs that Aceyducey mentioned. You could also try asking for a refund of the addiotnal interest you have paid which you wouldn’t have paid if the…[Read more]

Glenetti,

Coulnd’t get to the website, could you check the address you gave please.

Thanks
PK

Ah, don’t worry about the 13. Read a previous thread on that number.

As for your day, well, now that the old owners are good, perhaps, everything will continue on a better note. Let’s hope so anyway.

Marisa,

From memory I think you are from WA as well. If so get the weekend papers and look under pools in the FOR SALE, there’s a fellow in there that removes pools for a job. Some weeks he advertises for pools to be removed and other weeks he advertises as installing them.

At least if you rang you could find our if there’s a cost or if they…[Read more]

Well, I’ve learnt heaps over the last couple of years, can’t list them all, but here’s the more interesting things I’ve learnt:

1) RE investing means doing lots of K’s. I’ve become very good at playing I spy, counting bridges, looking for green cars and finding suitable trees for toilet stops! Travelling with a 5 year old does make RE investing…[Read more]

Everyone’s different so you have to work out what you’re most comfortable with.

I find it easier to buy and hold, but that suits my tolerance to risk, amount of involement I want with the properties etc. You need to work out what suits you best.

From my experience the valuations are usually a bit under what I’d expect to get ie: the last house I sold was valued at $235,000 by the banks valuer but sold at $250,000. (I guess if you take out cost of selling then it’s about right).

Regards
PK

Well Sis, now that I’ve read the other replies it seems that your question is personal rather than hypothetical, so my intial reply does not really fit your circumstances, however, I wish you luck in working through your dilemma.

Is your Grandma not interested in moving to Brisbane to be with the rest of the family? If she’s older than uprooting…[Read more]

Sis,

Well, we’re focussed on our goals and getting there although a little slower than planned, but very happy with our progress.

I often hear people blame their circumstances for where they are at, without doing anything to help the circumstances they are in. And I often see one of my sisters appear bitter that we are where we are (fits in…[Read more]

Thanks Derek,

Interesting tactic. Hadn’t thought of using school stats, yet, their census’ are done twice a year, so much more up to date than a general population census.

PK

Michael,

You have some valid points, but when you say “commerical loan or personal loan, it is all the same money”; well, it is be true it’s same amount you lend, however the difference in repayments between a commercial loan and residential loan are quite significant and may tie the persons finances up too much, particularly if on a low income.…[Read more]

Do they tell you the towns the porperties are in so you can do your own due diligence?

Are you also aware that this would possibly be a commercial loan rather than a residential mortgage as it’s more than 4 residential dwellings. Talk to your bank and get the relevant information, would they do it as a residnetial mortgage or not. If it is commerical what would the interest rate be and over what term would they do the loan.

On…[Read more]

Well, just an update.

We had tenants move in within a week of settlement so I guess the number 13 didn’t concern them!

Regards
PK

LOL.

And I thought it was bad when they just didn’t return your calls!

Well, I agree with secretgnome in that you shouldn’t always follow the pack, but I also agree with other comments that you need to check out what the town does as far as indusrty, employment, population etc goes.

I’d also check what proportion of the population rent and what the vacancy rates are.

You can get the renting % from ABS and the…[Read more]

Well done dpeka

I’ve never had a problem and I believe you shouldn’t have a problem as long as your situation doesn’t change from the information you gave them ie: as long as when they value your PPOR it is worth what you’ve told them, that you don’t lose your job, don’t take on new debt etc.

However, nothing is ever definite, so to play it safe, still have the…[Read more]