Total Members: 159,215

Rugbyfan

  • Rugbyfan replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago

    Is it arsenic dust? It sounds like it for the price.

    If so, you will need to warn your tenants about the dangers and make sure their kids get no where near the fence for a while.

    ‘Eat rich food, barbeque a yuppie’ [greedy]

  • Rugbyfan replied to the topic +GEARED/ +CASHFLOW in the forum No Subject 20 years, 8 months ago

    Spot on Sis (as if you wouldn’t be!)

    Positive gearing (a la Margaret Lomas), takes into account depreciation to make it +ve CF. The building needs to be post 1985 to get building depreciation and you need a Depreciation Schedule done by a Quantity Surveyor to get both building and Fixtures/Fittings depreciation.

    The idea with positive geared…[Read more]

  • Rugbyfan replied to the topic Very quiet today! in the forum No Subject 20 years, 8 months ago

    Originally posted by _se7en_:

    The Gordon Highlander are lucky to win a game.

    The club sold their prime real estate to developers for next to nought, and have now a crappy licenced club that takes the lifts ages to get too.

    I know what you mean. When I played there they were going through a purple patch and were winning alot – that was a while…[Read more]

  • Rugbyfan replied to the topic Very quiet today! in the forum Forum Frolic 20 years, 8 months ago

    Hey Rubbachook. I am starting to get a big head now. I have been scrolling through some posts and you are the latest person (one of about 10) to agree with what I am saying on some topic.

    Either I have become fabulously smart in the last couple of days [grad](doubt it) or someones trying to pull the wool over my eyes![fear]

    ‘Eat rich food,…[Read more]

  • Rugbyfan replied to the topic Investment TERMITES! in the forum No Subject 20 years, 8 months ago

    Where’s your IP?

    ‘Eat rich food, barbeque a yuppie’ [greedy]

  • Rugbyfan replied to the topic Very quiet today! in the forum No Subject 20 years, 8 months ago

    Your spot on Chan.

    Gordon in the local Sydney comp
    Waratahs in the Super 12
    and of course the mighty Wallabies.

    Go you good thing!

    ‘Eat rich food, barbeque a yuppie’ [greedy]

  • Rugbyfan replied to the topic Why in the forum Forum Frolic 20 years, 8 months ago

    Why do you get filthy drunk when you drink lots of cleansing ales?

    ‘Eat rich food, barbeque a yuppie’ [greedy]

  • Rugbyfan replied to the topic What do you thinkof my garden? in the forum Opinionated! 20 years, 8 months ago

    Originally posted by Rachel77:
    Hey Rugbyfan,

    The house is only clean cause I clean it everyday about 50 times!! Notice there are no shots of the kids bedrooms!!! I know you know what I’m talking bout.[suave2]

    Rachel.

    Only too well!

    ‘Eat rich food, barbeque a yuppie’ [greedy]

  • Rugbyfan replied to the topic Investment TERMITES! in the forum No Subject 20 years, 8 months ago

    Originally posted by Chan$:
    Dear All,

    REPLIES IN BLUE

    I don’t want to create another topic, but want to add my question here if I could.

    I just got a pest inspection done on one of my potential purchase for investment. there are live termites activity on the side fence, but there are no activity in the house.

    I know you can do a pest control…[Read more]

  • Rugbyfan replied to the topic family equity mortages – today tonight in the forum General Property 20 years, 8 months ago

    My parents helped us out with a deposit for our house. We bought 7 years ago and had a 15% deposit. My parents lent us $15,000 and we had the rest from other investments.

    We could not have bought unless they were so kind. We new we were over-extending a little but it was worth it and we thought we could manage.

    We have so far.

    ‘Eat rich food,…[Read more]

  • Rugbyfan replied to the topic Why in the forum Forum Frolic 20 years, 8 months ago

    Why is abbreviated such a long word?

    ‘Eat rich food, barbeque a yuppie’ [greedy]

  • Rugbyfan replied to the topic Analyse this… please?! in the forum General Property 20 years, 8 months ago

    You are both right. Why? because I believe there is no right or wrong answer. Investing your own money should be something you are comfortable with but by all means don’t put blinkers on.

    You will find many people on this forum have a varied portfolio and some will have on -ve geared, some only +ve geared and some only +ve CF.

    I personally think…[Read more]

  • Rugbyfan replied to the topic Cheaper Buys in the forum General Property 20 years, 8 months ago

    Put yourself in the shoes of the locals.

    If the houses around you were getting ridiculous money in your opinion and you were looking at selling, would you:

    A. Sell it a the price you thought it was worth OR
    B. Get on the bandwagon and get as much as possible since it is your money you are playing with. (case in point – Collie, WA)

    Secret deals…[Read more]

  • Rugbyfan replied to the topic Very quiet today! in the forum No Subject 20 years, 8 months ago

    No need, Chan.

    Rugby Union is referred to as Rugby.

    Rugby League is referred to as League.

    Rugby was invented in 1880 something. Rugby League was a 20th century invention. That’s why it has the Rugby tag.

    ‘Eat rich food, barbeque a yuppie’ [greedy]

  • Rugbyfan replied to the topic family equity mortages – today tonight in the forum General Property 20 years, 8 months ago

    Channel 7 Pisces.

    Richmond works for the other one [jerry] so he is off scott free today.

    ‘Eat rich food, barbeque a yuppie’ [greedy]

  • Rugbyfan replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago

    What’s with the double replies guys – Admin, Brent?????

    ‘Eat rich food, barbeque a yuppie’ [greedy]

  • Rugbyfan replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago

    Yup, from Sydney and haver had a little bit of experience with those nasty white ants.

    Expensive to deal with.

    I don’t know the Mt Druitt market that well, I have been out there a number of times though. As long as you are happy with your decision, good on you. $248,000 sounds like good value when the housing commission homes are probably more…[Read more]

  • Rugbyfan replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago

    Originally posted by RussH:
    Wow Its a lot of money for a so so area

    So many +CF properties in Western Australia.Let me help you. And we can achieve a win win situation.Russ.0438 659 411

    Russ

    With all due respect to you coz I know you are only into +ve CF properties, there are others who do see the benefit in -ve gearing. $248K is not a huge…[Read more]

  • Rugbyfan replied to the topic Investment TERMITES! in the forum General Property 20 years, 8 months ago

    Did the inspection say the termites have gotten into the walls and floor? If so, it can be hugely expensive to fix this (10’s of $’000’s).

    You should get a bigger reduction I think or at least get an inspector to do the wall cavities (more expensive and you will need the owners permission due to the holes they drill).

    It may sound like a…[Read more]

  • Rugbyfan replied to the topic Very quiet today! in the forum Forum Frolic 20 years, 8 months ago

    Originally posted by richmond:
    yeah you passed… not too bad for a bum sniffer [lmao].

    I’m a New South Welshman originally… my second cousin toured somewhere with the Wallabies years and years ago… Bruce Harland’s his name… so I hope that gains me some street cred…

    Cheers
    r

    Yeah, 1962 tour of New Zealand. Didn’t get a test though. Bit…[Read more]

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