Hi Steve,

If I can help in some way, let me know.

Cheers

Sooshie []

There are no problems, only solutions!

Hi,

Firstly Thanks Lance,

I was almost in the deep end with this one….

Good luck Brett, if you read the posting about bad tenants, you will realise that problems do occur and no investing (that I know about) is risk proof. Just follow the rules and don’t take unecessary risks. From a legal perspective cover yourself, spend the extra dosh and…[Read more]

Hi Felicity,

Your not the only one apparently…like with everything in life..the rollacoaster syndrome applies…

Thanks for your link in tax deductions…

Cheers

Sooshie []

There are no problems, only solutions!

Well Hello all!

Hope you all had a nice weekend []
Here’s a link Felicity posted under Tax deductions:
http://www.gatherumgoss.com or direct link to it http://www.gatherumgoss.com/shopping.htm

and Tara posted this one for info on tax:
http://www.ato.gov.au

I’m fighting with the computer with a 1 year old…can you believe it???

Got to go

Cheers
Sooshie []

There…[Read more]

Hi all,

This maybe a stupid and uneducated question, but why can’t you just prepare a section 31 and sell the house if they haven’t signed a contract?

Or as AD suggested give them an incentive to move. Get them into a plush hotel for a few days and then change the locks.

Sorry your having so much trouble Linda [!]

Try and keep…[Read more]

Hi Brett,

Where as I am no expert on this, the properties are usually at a lower cost price i.e. depending where you are for a very rough example … Wrap house prices bought in Traralgon b/w 40-80K, Moe 50-80K, or Geelong areas 85-110K etc… The rent for these areas might be anywhere from 100-180 dollars per week. The idea is to keep the…[Read more]

Hi Brett,

Welcome to the forum! You’ve got the understanding of wraps very quickly it appears []. There are risks involved as with all forms of investments. There are ways to minimise these risks.

I just want to clarify your question

quote:If this is the case (and it may well not be, hence why Im asking) isnt that a little risky?

I want to…[Read more]

Hi there,

Are people in Vic still getting good responses from their advertising or is it a little slow at present?
I was wondering if the correlation of X-Mas has anything to do with the slow down. I noticed talking to some real estate agents that things are slowing down getting closer to holiday period and I wanted to check if the same trend…[Read more]

Hi there Dave,

There are people who will let you be their money partner and will do the work for you, but of course you don’t get all the profits. This may be an option for you depending on how much time, money and stress you have. This way you don’t have to look for properties and make sure they work, ’cause someone has done the homework for…[Read more]

Hi,

I’ve lived in those suburbs for all my life basically.
Do you get the MPG (Melbourne Property Guide) comes out every Wednesday? I know my mother in law who lives in Ripponlea area had trouble getting it. However it has a huge property section of local agents. The area has already experienced HUGE capital growth, especially Yuppie areas of…[Read more]

Soosh is speechless (for once!) []

There are no problems, only solutions!

Thank you Christine,

That’s really very sweet [] I’m a bit shy now! [] I guess I decided when I was a newbie to this site, that I got confused when I had to go back into every single posting to find the elusive link I was looking for and I thought that whilst I was doing that I could cut and paste the link into one centralised posting for…[Read more]

Hi all,

I know it’s been a while [] but here’s another link which deals with a variety of different realty options.

http://www.propertylook.com.au

Cheers

Sooshie []

There are no problems, only solutions!

Thanks Felicity []

I didn’t think you were waffling but I did think you have some good points.
I think the area it’s in is going slow at the moment. I’m just not sure whether to spend about 5k doing it up as a reno and then trying to wrap or just biding time until a fishy comes along and takes the bait.

Cheers

Soosh []

There are no problems,…[Read more]

Hi Angie,

If you can avoid mortage insurance and can afford 80% LVR, with left over money to do more with, do so. It will lower repayments and in hard times make it easier for you to sleep at night.

Cheers

Sooshie []

It’s all our imperfections that make us perfect!

Hi all,

I recently asked a very similar question but before I posted it my puter fell off the tree. So I’d be interested in understanding a little more on deposit bonds. What do you use for securtiy if you can’t even raise the deposit and are searching for the funds, but you are desperate to purchase something to keep your business expanding,…[Read more]

Hi Darren,

Decide what your want to achieve. I don’t know your ages, location or aspirations for life, but I reckon the first step is to decide your needs for your future, your wants for today and tomorrow and how you can use the 500k to maximum benefit. Planning is the key, otherwise you are an easy target for get-rich-quick schemes.
It sounds…[Read more]

Hi Matt,

I’m in Vic, so I can’t really talk for the practice in Brisbane, however we had a similar occurance just recently.

Basically, we wanted to use equity in home to fund some investments. Hence the need for revaluation of our home. The valuer from the bank came and he knew we wanted to get professional package for investing, which means we…[Read more]

Hi all,

Just quickly, the offer at Angus and Robertson ‘The Richest Man in Babylon’ is on special for $12.95 for the hardback only. I went in to buy one today and found that out. The paperback is $18.95.

Cheers and have a good weekend

Sooshie []

It’s all our imperfections that make us perfect!

Hi there,

I went into Dymocks and they sell ‘The Richest Man in Babylon’ for $18.95, and they were out of stock. So those of you who want it, you don’t have much time to get into Angus and Robertson.

And NO I don’t work for A&R

Cheers []

Sooshie (Nice to see lots of newbies) []

It’s all our imperfections that make us perfect!