hi all

steph in answer to your question i didn’t follow it at the time as i was only doing some enquiries with the landlords association in south australia and i recall a brochure citing the case.

duty of care was not what was the determing factor as i recall it was “resonably practicable” the landlord had not done what was reasonable…[Read more]

hi calron

why? re:jenman guys

regards
alf

hi all

thanks peter thats what i was trying to stimulate as i said this was hypothetical i am i sa actually.

Where do you get the las t 6-12 month sales figures?

To all the others thanks for your input and offer i certainly will keep it in the back of my mind if i decide on qld.

kind regards and a great beginning to spring

alf

lol

sorry my mistake

80m2

not quite that big calron wish it was i wouldve bought it already.

regards
alf

hi all

hey im in adelaide and if someone wants to contact me thats fine for a chat about property or whatever.

maybe we can start an adelaide property gurus get together, do some seminars,all use the best lawyer or accountant and get a big discount..lol

my email ubetido@iprimus.com.au

regards
alf

hi calron

thanks for the offer this was purely a hypothetical exercise for a beginner to find there way with ways to sus out a deal.

The experienced people like yourself seem to have no problems with interstate purchasing obviously knowing what steps to take.

However you have brought to the surface that networking with people in the area can be…[Read more]

hi jim

at one stage the bank was great just ring up after 12 months and they would do a valuation for fair market value at no charge.

Now they will only do a valuation if you are purchasing a property for loan purposes only.
Still no charge at this stage.

Im sure some of the mortgage brokers will have some answers.

regards
alf

hi

my calculations tell me that you come up with 3.66% net

income
280

less
14 no real estate agent
42 body corp
28 rates
total 84

280-84=196

196*52=10192

10192/278000

.66% net.

mortgage calc
278000*6%/100=
320 per week interest only

this is bases on a interest only at 6%

196-320=cost to you
124 a week

-6448 per year

whats your…[Read more]

hi

if you want to share some more details i may be able to offer you some of my experiences and the pitfalls to be at least aware off.

it sounds like a rental gurantee arrangement

i reckon i could tell you who the operators may be.

reckon about 4% per year indexed

where is it

cheers

regards
alf

hi ezi rent

thanks i’ll do that much appreciated

regards
alf

hi mencsh

yes

have had the propertry just over 2 years bought of the plan.

we have claimed depriciation

building
furniture
fixtures etc

reagards
alf

hi mensch

It was bought in my both names my partner and i.

the version i indicated is the version my accountant gave me.

No mention of all this other stuff.

regards
alf

hi all and a great thanks

Westan

i will email you shortly probably monday. I am interested to know of that accountant in melbourne even though i am in adelaide if he as good as you say an i have a healthy respect from someone that has done it and knows the business.
Dont mind getting over to Melbourne once a year.

Bryce

I greatly appreciate…[Read more]

hi all

divsion 40 etc doesn’t mean much to me so its abit over my head at the moment.

The reason i asked is because i picked it up in steves book page 142.

Its seems by the responses its not as straight forward as i first thought which was

purchase price minus selling price
and any costs

eg. pruchase 100000
sell 200000
costs…[Read more]

hi

i understand what you are saying but i dont think the integrity of the industry is going to change much.

people like jenman and those that follow his philosphies and system may make a dent but greed seems to be winning at this stage.

While times are booming in real estate the agents just get a listing and its sold its that quick generally…[Read more]

hi johnny

No not at all have been deciding for a while still not sure it goes a bit deeper than the whittler.

How are you going have you soughted your own stuff out.

regards
alf

hi westan

yes some of the stuff is a bit personal but i will email you.

You may just be a lifesaver.

I have gone to my accountant but he is absolutely useless when it comes to sharing some direction.

I think he is only interested in shares i am going to change once i find one that is competent in property accountancy.

kind regards
alf

you are kidding

you are going to start a company making commodes well taht was a long shot..lol

alf

maybe we should start investing in companies that make commodes…lol

hi cremin

might have a chat to you on yahoo messenger one night.

you can pm me you can add me to your list and send so i can add you.

ubetido2au

regards
alf