Yes Leigh, we really do []

Thanks to all of you, you do a great job.

regards,

Rod.

Well the media seems sure there will be another rise.

So that probably means there won’t be one!

Rod.

Interesting info guys.

Sooshie, I wouldn’t be very impressed if I saw those conditions on a contract (especially if it was added after I first signed). Fortunately I haven’t had any agents try it (yet!).

Like Mini, I usually get my solicitor to check it before I sign (get the agent to fax a copy straight to them).

Westan, fortunately in NZ it’s…[Read more]

For all of you looking for Property Manager Pro, you can get a trial version at

http://www.apimagazine.com.au/pages/magazine/software.html

Rod.

The announcement (if there is one) is usually the following morning (9.30am I think).

Rod.

Congrats,

glad to hear all are well.

Rod.

Steve,

I’ll accept that you have greater knowledge of the ASIC requirements than I but I would have thought that general (ie stocks versus properties as part of an overall protfolio) posts not mentioning specifics would be ok. And of interest to many.

Rod.

Well, you wanted opinions.

Only you can make this decision. You really need to determine your goals first and then decide which path is the most appropriate.

Del is spot on, it’s a lifestyle vs investment choice.

Good luck.

Crashy,

I agree that much of Wayne’s article has been said before, however as Richo said it’s always good to see it again both for reinforcement and also for those that haven’t “seen it all”.

Richo’s spot on, discipline is the hardest part.

Rod.

Another good one, thanks Wayne.

So I can freely decide how to spend my time without being restricted by obligations to an employer.

I’m not actively looking at the moment, so I don’t expect to buy in the next month or two. However, I wouldn’t say I’d quit. Just taking a pause until conditions look a little more promising.

Rod.

Mini,

was that you last night on ‘The Fat’ with Alex Lloyd?

Rod.

I wouldn’t think so.

The government won’t change the tax brackets as they like the money too much. As for changes to the -ve gearing rules, most of this talk will probably subside once the market noticeably cools.

My opinion only.

Rod.

Absolutely negotiable, always ask.

That’s interesting Bill, I’ve seen several articles indicating that you are better off staying on variable.
Personally I’ve only (up to now) fixed one loan, and it was a pain when I wanted to refinance (live and learn).

Rod.

Hi George,

Welcome aboard.

Muppet, settled today.

Rod.

Both ANZ and Westpac (don’t know about the others) offer telegraphic transfers via internet banking. The fees are generally less than going into a branch. Westpac has a limit of $5K per day for personal customers and $25K for business accounts (this has to be set up, default limits are $1500). ANZ’s personal accounts can be set up to a limit of…[Read more]

Sorry, I only answered half your question. I’m equally reliant on the local agents as the interstate ones. For the local properties I may go with the agents when they do there inspections (but not always). For the interstate ones I usually check them myself once a year. I generally call the agent about once a month to keep in touch.

Rod.

The 5% is local, standard rates in the area are 7% but I managed to get a lower rate as I purchased through the same agent and there’s 2 properties. I have some interstate ones at 6%, standard rates for that area are 7-8%. I got lower due to having 2 IPs. The 10% ones are further away, but once again standard for the town.

Rod.