Total Members: 159,193

robinm

  • robinm replied to the topic sell ip sell ppor????? in the forum Help Needed! 16 years, 9 months ago

    that sounds logicaljl what do you mean about FTB (what is that)so now i will have to figure out what we can comfortably afford with the new ip and paying rent at the same time until we moveamazing I have tossed this around my head for days and all I had to do was askthanksrobin

  • robinm replied to the topic sell ip sell ppor????? in the forum Help Needed! 16 years, 9 months ago

    thanks marcwe wouldn't be able to keep our ip and this current ppor and pay a new mortgage on a new pporso pretty muchkeep ipsell current pporrent or buy new ppor in home townjust been looking on the net at rentals in our home town ( pop. 9000 ) , between 5 real estate agents we have found 11 houses for rentreally don't want to sell ip , just got…[Read more]

  • robinm replied to the topic Can you help? in the forum Help Needed! 19 years, 1 month ago

    hi steve

    love thes forums so much knowledge

    as you can see im a newbie but what i find i need is how to work out ALL the figures (deprecation tax, CGT,interset etc etc etc)

    like I want to buy my irst IP and to find out how to calculate all the sums is a little daunting to to say the least

    so maybe some software links to work out ALL the…[Read more]

  • robinm replied to the topic Do I need BuyerBeware? in the forum Help Needed! 19 years, 1 month ago

    Hi
    I only have my own family home and no IPs
    but I think that if you are looking at buying property or anything you need to be able to tell the condition of something (roughly).

    not to say that an expert in their field is not tradesman you can get a pretty good idea yourself of the things you need to look out for

    you might have to get dirty…[Read more]

  • robinm replied to the topic First IP in the forum Help Needed! 19 years, 2 months ago

    well dont i feel silly
    it looks like when i do use the calculator offline it dummies up the figures
    the new figures are these which doesnt look no where near as attractive plus i corrected the rent

    11 Second Solution:
    Rent = 240
    Occupancy rate ‘3 Weeks’ = 94.23 Percent
    Solution = $113075.00
    Asking price = $216000

    Closing costs:
    Deposit 0…[Read more]

  • robinm replied to the topic Ayr, North Queensland in the forum Help Needed! 19 years, 2 months ago

    Hi,
    We lived there for 2 years (99-01). We enjoyed the town, but it definitely appears that it’s ruled and habited by the fruit picking season.
    It has a new hospital (with maternity), a coles, woolworths, pubs and even a night club!! There is definitely money in the town, due to the cane producers, etc., but it’s hard to see it. There are no…[Read more]

  • robinm replied to the topic CF+ help in the forum Help Needed! 19 years, 2 months ago

    Hi

    We are currently living in Ireland, lovely spot great views across the bay at the mountains.
    We are moving back to oz early November, as far as the prices of property here goes they are dear and just gone through a boom (still in it), but It looks to be very close to peaking. I think.

    So maybe were not looking hard enough. interest rates are…[Read more]

  • robinm replied to the topic Pool or no Pool in the forum Help Needed! 19 years, 2 months ago

    Robo
    lots of people drown because they have not learnt to be comfotable in the water.
    dont want to put a downer on your pool idea….but
    Get your kids to enjoy being in the water as a young an age as possible. I was in the water before i remember 3-4 yrs old? and even though i’m not a great swimmer, from an early age I knew that if i went under…[Read more]

  • robinm replied to the topic where to go from here? in the forum Help Needed! 19 years, 2 months ago

    Hi everyone
    we are looking at buying our first IP
    motgage 57000
    value 180?
    IP value 175
    wanted borrowings 200
    so the bank said that they would lend us 80% of the combined properties values
    thats our 123 = 175 / 80%
    not just the 80% of the property that you currently own
    so if i’m right you are probably able to borrow more than you think, depending…[Read more]

  • robinm replied to the topic CF+ help in the forum Help Needed! 19 years, 2 months ago

    Hi again
    looks like I’ve got a lot to learn…….quickly!!!!!!!!!

    yes roy our house is CF+ rented at the moment but we will be moving back to australia in november and living in it

    we were going to buy a IP in the same town and put in an extra $100-150 a week we can afford it, but after reading some of these forums it doesn’t make sense if we…[Read more]

robinm

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