As mentioned, Bribie, is north of Redcliffe, East of Caboolture. It’s joined to the mainland by a bridge which is about 1km long crossing the Pumicestone Channel. About 90% of the island is sanctuary/national park so all the development is limited to the southern part of the island. Most of the development has been on the channel (mainland) side…[Read more]

You’re right Bruce, I’m still kicking myself over one I didn’t grab on Bribie.

I’ve got a relative who bought a place at Beachmere about 2 years ago for about $60K, it’s just been sold for $225K.

Rod.

Hi bluecat,

My previous reply was a bit brief, so here’s the full story.

As settlement was approaching, ANZ in NZ wanted me to open a NZ account for loan payments to come out of. The message I got from NZ (via my mortgage broker) was that I should be able to do that at any Australian Branch. Of course, when I went into my nearest branch (William…[Read more]

All make the 10sec rule

Is the 10sec rule what the 11 second solution used to be before GST ?? [?][]

Rod.

You’re right there’s a lot of development going on around Deception Bay. The council has done a lot to clean up the image of the area.

However you may have missed the boat though, prices have already gone up by up to 80% in the last couple of years. Rents haven’t really moved though, so +ve cashflow is unlikely.

regards,

Rod.

$1 million of income generating equity.

$1 million of PPOR equity doesn’t really count.

Rod

I managed to open a NZ ANZ account from Australia, so it can be done. It’s probably best to get a NZ branch to fax the relevant forms to an Aussie branch then do the signature/identity thing at the Australian branch and get them to fax them back.

I believe people should organise banking before they even put offers in in NZ. To easily be able to…[Read more]

Hi Pisces,

That’s sounds typical of the determination of the Westfield duo. Have you read Frank Lowy’s story (by Jill Margo), it’s a phenomenal story.

regards,

Rod.

Am I reading this right? $800K seems an awful lot to spend on a weekender.

regards,

Rod.

It must have been raining everywhere today! []

You guys need to get outside and get a life.

Go and find some IP’s.

regards,

Rod.

thanks Steve, I found the active topics on LH side just after my last posting.

Now I can’t find the Logout, I click on the “click here” at the top of the page but nothing happens.

Rod.

2 observations.

The “active topics” button is harder to find.

Also is it possible to have a “next page” button on the bottom of the page on multi page threads so that you can go to the next (or previous) page without having to scroll up.

regards,

Rod.

Fair enough,

we’ve got a few Enjo items, they work well.

Rod.

Does this mean that Enjo is now “out of favour”?

regards,

Rod.

quote:Look at what Tourism did for Williamstown Vic.

I don’t think it’s reasonable to compare Queenstown to Williamstown. The fundamentals are quite different. Williamstown has the full infrastructure and employment of Melbourne to support it in addition to tourism. Queenstown is much more isolated.

regards,

Rod.

Hi Bear,

I think Lloyd is referring to wireless LAN (which is now cheap), not wireless internet. I’m guessing he just plugs in normally whne he’s at the cafe (I’m sure he’ll correct this if I’m wrong).

With regards to firewalls, many of the broadband routers have got hardware firewalls built in, something else to investigate. I’ve got one and…[Read more]

Hi Matt,

There’s no need to rush in. As this is your first IP, take your time to learn the market before committing all your funds.

Instead of 5 or 6 IP’s straight up, you may be better looking at 1 or 2 (with 80% loans) and keeping some funds in reserve to cover vacancies, maintenance etc. It’s probably best to do as Pisces suggested and use an…[Read more]

hi Bear,

I’m using swiftel 256/64 and am very pleased, but unfortunately for you they don’t cover SA.

Have a read of http://whirlpool.net.au/ they’ve got comparisons of all of the isp’s and plenty of info in their forums.

You’ll probably find that 256/64 is plenty fast enough for general web usage.

regards,.

Rod.

Hi recovery,

I haven’t got any experiance with the UK market, but here’s another site for you:

http://www.home.co.uk/

regards,

Rod.

quote:you say nz has no capital gains tax !

will the aussie government tax you when you bring the money back into the country thoe ? ie will they tax you as money earnt overseas ?

the short answer is yes, although you should get a credit for any tax already paid in NZ.

regards,

Rod.