ha ha ha , without humour we are dead

MLV

Yes , I ‘ve also heard that the mines there are gearing up again .
I was looking at some of those duplex type places in Roseberry in sept … low workers’ rents guaranteed paid direct to landlord by mining company , fixed term contract . RE agent was saying rents could go up , say from $60/wk to ~$100/wk after contract ….hmmm I wonder .
Lack of…[Read more]

….good call , Mr Daltrey indeed he still rocks…sort of brings it full circle now doesn’t it.
I’ll have my pool-guy call his pool-guy.
Will advise .
Cheers then,
MLV

MLV

Hey resiwealth your post of 13/12/04
‘How the different generations, view other generations’
…I think this would make excellent song lyrics..!
the band is , of course , “The Baby Boomers” (but don’t worry all generations are welcome)
…any takers for lead singer ? The song will work best on GMA or some other silly breakfast TV …get all the…[Read more]

Hello Byronent,
A while back I got a bit excited about a $30K property in Norseman bringing in apparently $100/week . When I spoke to agents there ( well Esperance actually ) they said likely to sit on empty property for quite a while .
No I’m right thanks.
Happy New Year but.
Cheers,
MLV

MLV

Hello ,
I’ve been with EBM ( “Rentcover”, Landlord Contents ) for about 5 years. I’ve made some claims and they’ve been very good . Used in conjunction with good PM is essential as any dispute with tennant can mess up claim also if not handled correctly ( + record keeping etc ) I then have insurer report and pay direct to me , not via Agent…[Read more]

Nice discussion esp Marc1 / Wayne L respect!
Hey Marc1 I think you are spot on with your observations about the NSW Govt treating Property Investors as soft targets. Got it in one . God damn it,makes you want to get right out of NSW hey….and go …anywhere else ha ha.
And speaking of comedy ….the words of our dearly departed Rodney…[Read more]

It’s a beauty ! Very inspiring .
MLV

….oops , correction .
I meant CHU,not CGU! An entirely different mob .
Strata Insurers not my insurer but they settled direct to me in a claim recently . I was surprised how lovely they were . Ciao ,M

Hello Twilight ,
I’m with EBM and have had a couple of claims
settled with them over the last 5 years.
They’ve been very good.
That insurance has definitely saved me in those situations.
Also CGU were great when I had a claim done thru strata recently.
Cheers,
MLV

Thanks for that , Cheers, M

Hello Olivereindeer , just curious ….why do you say “property prices set to slump in tas at the end of 2006” ? Cheers, MLV

Thanks very much for those replies folks , good ideas . Regards, MLV

This is a great discussion , love it !
Thanks folks for the handy hints on valuers etc.
…just confirms it is indeed another little rort the banks are bunging on us . It really is absurd that a bank says it will only recognise it’s own valuer’s report , mysteries of the business hey ! Regards, MLV

Valuers !
Seems most unusual to get disparity between valuers on a property. To me that just highlights another nice little earner for the banks. One time it I went to three different banks before I was successful raising funds against a property I have. Each bank insisted only their valuer…yeah right, all three came in exactly the same …waste…[Read more]

…..indeed …and selling

Thnx Sue “preciserealty” , have spoken with Martin as per your recommendation. He had some interesting things to say and have arranged meeting to check figures on a sale and purchase . Regards, M

Hey thanks for replies Sue “preciserealty” and “showmethemoney” …I’ll check those things out . At the same time I’m looking at a couple of small CF+ places I’ve found out of major cities but, so far , banks saying they won’t lend in those postcodes, great ! grrr. Cheers, M

Thanks for your reply Derek.
Yes , point taken, it’s a bit of quandry.
I’m wondering how much more CG Tax I would be up for if I sold 2 in the one year rather than across 2 years, as I’m inclined to just get on with it now. The other 3 would then be cf+ …I would then rebuild from there .
Time for the accountant hey.
Regards,
Michael