Forum Replies Created
Dom..
With LOC you have to be a good budgeter, you don’t want to go backwards..
On PPOR loan we used LOC and fixed a portion ( $100k )of loan also and reducing the remainder quicky
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAND..
The more deposit you put in the more positively geared it becomes..[blink] [biggrin][biggrin]
seriously though Outback, spend a bit of time reasearching the forum and not only real estate web pages but when you find a likely area, then local shires, tourist centres etc etc to get a ‘feel’ for an area..you have to be comfortable with where you buy..
Or PM some of the spotters on this site..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorGeez Rugby..[crying]
Dangerous sports huh..riding your push-bike is now an Adventure ‘or’ Extreme sport now i guess..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorWilko..agree with general consensus here..
Guru watch does have a bit more info re destiny financial sulitions, adviser i spoke with was a Tier 2 financial adviser ( property )
Wasn’t my cup of tea..do a search on the forum, someone here mentioned they used their services, read Margarets books first would be my advice..
They would be helpfull fopr a novice who would rather pay someone to sort out everything for them, including budgets etc..
REDWING“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorMel..$15K Income..
Oh well, get all your dental work done, go to lots of movies, take the train or bus..As you can now have a “concession card” [upsidedown]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorRe ROAD RAGE- i heard that lately ‘White Vans’ are taking the place of the much hated “volvo drivers”[baaa]
REDWING
VENT…. It’s good for you, just do it here !!
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAgree with some of what DD say’s Phil98..
As we have 2nd child due in Oct and will go to 1 wage for a while..
You 26, and have $200K equity on a $500K home..Congratulations [biggrin]
Construct a Budget, and keep an eye on it..
My 2c, Look at residential, easier to rent out, everyone needs somewhere to live [cowboy2]and a great starting point..
Dont over-commit, and find something that fits your “comfort level”..
Wish you all the Best and congrats on the forthcoming addition to your family[hair2]
Use Jaffasofts calculator at bottom of my post, to look at prospective deals..and see how you go, it’s a learning curve
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorTerry.. author was Harj Gill of Mortgage Free Australia i believe.
Books about $20.00
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThanks depreciator..[thumbsupanim]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorDom..
Noel Whittaker has a small pocket sized book, available at bookstores, explaining most forms of loans..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator[jerry]Go Stu..[thumbsupanim]
Play nice Guy’s
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorMilly…
My computer wouldn’t let me access that site posted by Darkness ( bloody idiot ) and lucky for me huh..
See wht happens when they teach Uni students how to build a ‘worm’ so they know how to destroy one…
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAccountants used to do depreciation for you as part of your tax return in regards to IP’s, most will not now, ‘some’ still do…
I believe you’d find there’s always ‘something’ to depreciate…IP’s always need upkeep..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorIf you convert your existing PPOR to an IP then you will lose any capital gains advantages you did have
Amatized for the period you have it as a PPOR and IP isn’t it..?
I.E- if you had it as an PPOR for 6yrs and a IP for 4yrs then sold..60% would not count towards CGT ???
With your current PPOR and Unit, you have a lot of Equity available to yourself..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorCAR WRECK
A woman and a man are involved in a car accident; it’s a bad one.
Both of their cars are totally demolished but
amazingly neither of them are hurt.After they crawl out of their cars, the woman says, “So you’re a man. That’s interesting. I’m a woman. Wow, just look at our cars! There’s nothing left, but we’re unhurt. This must be a sign from God that we should meet and be friends and live together in peace for the rest of our days”.
Flattered, the man replies, “Oh yes, I agree with you completely, this must be a sign from God!” The woman continues, “And look at this, here’s
another miracle. My car is completely demolished but this bottle of wine didn’t break. Surely God wants us to drink this wine and celebrate
our good fortune.” Then she hands the bottle to the man.The man nods his head in agreement, opens it and drinks half the bottle and then hands it back to the woman. The woman takes the bottle and immediately puts the cap back on, and hands it back to the man.
The man asks, “Aren’t you having any?”
The woman replies, “No. I think I’ll just wait for the police…. “MORAL OF THE STORY:
Women are clever AND cunning – watch out!.REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorDumb and dumberer
Some men in a pickup truck drove to a lumber yard.
One of the men walked into the office and said, “We need some four-by-twos.”The clerk asked, “You mean two-by-fours, don’t you?”
The man said, “I’ll go check,” and went back to the truck.He returned shortly and said, “Yeah, I meant two-by-four.”
“All right. How long do you need them?”The customer paused for a moment and said, “I’d better go check.”
After a while, he returned to the office and said, –
“A long time. We’re gonna build a house…”REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThe new priest is nervous about hearing
confessions, so he asks the older priest to sit in on his sessions.The new priest hears a couple of confessions, then the old priest asks him to step out of the confessional for a few suggestions.
The old priest suggests, “Cross your arms
over your chest, and rub your chin with one hand…. and try saying things like ‘yes, I see’, and ‘yes, go on’, and ‘I understand’ ” .The new priest crosses his arms, rubs his
chin with one hand and repeats all the suggested remarks to the old priest.The old priest says, “Now, don’t you think
that’s a little better than slapping your knee and saying, “No sh*t…what happened next?”REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorHoliday area for Kalgoorlie miners as far as i know, very slow in the ‘Off” season..But ‘yes’ some activity there at the moment on development side..as far as i know..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThanks Rob..I know diddly about them [biggrin]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorWallflower…
You got it all wrong, thats him showing me.. i played golf once or twice, on a 18 hole hole course and think i lost about 16 balls..
He enjoys it..for now [biggrin]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator
