Forum Replies Created
Hi all
Have you thought about using the Property Management Co. to find you the tenant. Usually around 2 weeks letting fee.
Then manage it the rest of the time yourself. I am considering this.
Cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi Pipeline
No problem my mistake all the best with it.
cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi Pipeline
This is network marketing you are involved in i reckon as it has all the teasers.
Cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi
Sounds like a typical network marketing theme.
cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Well you know the saying
If you haven’t figured out who the patsy is then you are being taken.
It won’t change either.
cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi all
Have bought from forum and no problems. There is always a risk with this sort of thing but generally speaking its pretty secure.
Make sure there is a lock at the bottom re encryption.
Probably more risk at an ATM. Always look around you and see what cars and occupants are nearby or people standing near and if you feel uncomfortable with the set up go to another one.
Was rung up on my mobile one sunday morning at around 300am it was my bank asking if i had just made a phone call costing me $300 on my credit card. I said no i had not and they told me it was an unusual item for me so there security alert indicators lit up.
I was refunded the money into my credit card after signing a sworn statement.
What you do not do is do not fill in any details via a link that are asked by email “Urgent notice your account willl be closed” bla bla. This could be from what you think is your bank same logos etc.
Cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi Tony
Thanks for that yes that is certainly an option. I would’ve thought it would’ve been farily common if it was ok to do.
I suspect it is ok as long as the interest on the balance of the IP LOC is paid every month.
The thing that i see is that the ATO could say why is your rent going into your offset to your PPOR and not your IP LOC.
cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi
How did you obtain Martins email address.
Cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hello Adelaidians
Happy to chat about property etc. Feel free to email me. [email protected]
We should all meet one night at FUMO BLU or somewhere and make a night of it.
Just got told of a house auctioned in Trinity Gardens 560sq m Block went for $272000…old bungalow deceased estate…public trustee.Not many at the Auction re: just before Xmas
Cheers
stargazerLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hello Adelaidians
Happy to chat about property etc. Feel free to email me. [email protected]
We should all meet one night at FUMO BLU or somewhere and make a night of it.
Just got told of a house auctioned in Trinity Gardens 560sq m Block went for $272000…old bungalow deceased estate…public trustee.Not many at the Auction re: just before Xmas
Cheers
stargazerLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi all
There is an old saying “Governments aren’t won they are lost”
John Howard and the Liberal Government will have created so much pain for enough working people that the deceitful advertising will be remembered as a big con. This will be enough for Labor to attain government.
If you are in Business, no they will not be dramatic. Why is it that employer and business groups are the only ones smiling at these new IR Laws.
GST did not take away your income. For penalty and weekend rates workers there wages could be cut by 2-300 a week.
Unions are made up of workers they represent workers. You weaken the workers by taking away there rights and protection and the unions don’t become relevant. Just for a worker suggesting to have union representation whilst negotiating an AWA could be liable for a $33000 fine as well as other reasons:
It will be illegal to ask for workers to be protected against unfair dismissal when negotiating an agreement – and there’s a $33,000 fine just for asking.
And there will be a $33,000 fine for asking for union involvement in a disputes settlement procedure.
A $33,000 fine for asking for the right for people to attend union education courses.
A $33,000 fine for asking to protect jobs against contracting out.
A $33,000 fine for asking for a commitment to collectively bargain.
And a $33,000 fine for asking for anything else the Government might like to ban.These laws have gone too far. Some adjustments would’ve been accepted.
Martin yes i think you will feel it mate. Start budgetting for flat rates. Just to be safe.
I really hope im wrong with what i think will be the fall out for shift workers etc but i reckon i won’t be far off.
Cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi all
The IR changes not reforms are going to have a major impact on employees that have a low hourly basic rate and rely on penalties and allowances to get them to a reasonable wage.
I feel this is going to cost the Liberal Government the next election. Labor was hard pressed but now they have a great chance.
The way in which the IR legislation was introduced has to be questioned. If this legislation is so innocent why remove the
No Disadvantage clauses
Unfair dismal clauses (Initally for 20 or less in workplace now 100 or less)And a myriad of punitive clauses against Unions Union officials and individual workers just for suggesting certain conditions when negotiating.
Great timing Johnny people have made decisions based on there income with penalty rates/overtime/allowances etc Now some families are going to lose significant income and possibly lose there homes.
This does not encourage a family unit as parents in this situation have to work longer hours and both work etc just to make ends meet if they are lucky.
Shame Johnny Shame
Cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi Dr X
Just seen this send the Survey no problem. I am in SA. Email:[email protected]
Cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi
I do believe you can get the info you require via SMS i cant remember the number exactly but i think it is 197-HOME.
Cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi Dr. X
Thankyou for your reply.
What do you mean by lost deals just by doing this?
So in this situation should one use the unfurnished rental figures or the actual whats happening furnished?
Kind regards
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi mum
I am pretty sure it is a company title. Each townhouse owns there own bit of land extending ahead of the garage and front door. This means that other vehicles will drive over your turf. A company name was created and registered. There are no financials just a yearly fee. So one would become a managing director of part of a driveway….lol
cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi Redwing
My understanding is 80-100 extra for fully furnished over general market unfurnished rent.
cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi
I could do with a mentor DR.X[concern]
cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi all
Thanks for your replies and i’ll try and address some questions.
Dr.X
The vacancy rate for the townhouses is virtually nil. This particular townhouse has never been without a tenant.Management fees under the current PM are 7%.
The townhouses i have looked at similar are around $300000.
I had an independant valuer do a valuation and they came up with
1700000 for land
1400000 for building
total 310000There rental appraisal unfurnished was $300 a week.
Yes it is torrens title so land under is part of it. The land is actually 115sqm and the building 80sqm thus the company title for shared drivethrough to garages.
Yes Hallet Cove and some other areas but i find that paying say 275000 for a house and land the best sort of rent would be about 230-260 a week which would be more negatively geared.
Gross realisation
The vacancy rates are very low
townhouses in the area sold for 295000-320000 similar.Rental term has been 12 months each lease
management fees 7%
building insurance 400pa
landlord insurance contents included 205pa
furniture is virtually brand new so no need to refurnish for a while carpets in good order and paint etc.
Demographic is mixed but more in the 25-35 age group.Hope this gives some additional information i really like this but i don’t want to get emotional on it.
At 390 a week plus depreciation for furniture/fixtures and fitting/building it should be close to neutral i figure.
What i like about it it can be used for short term accomodation that is leased to a company to manage and run it with a guranteed return this would give me 4% building depreciation or leave it as Residential and still get the 2.5%.
Hope this helps. Any input welcome on th eabove.
I do find that city property appears to be getting better rents than in the outer suburbs. The cost of the property is pretty close. I reckon CBD could be undervalued.
This is not a multistory set up they are all two storey townhouses.
I guess what i am seeking do i use the unfurnished rental to do the calcs or the real amount that i would get furnished.
regards
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
Hi all
My apologies[jerry].
What i mean by position is your preferences to the position of the property you may look for.
For example some people like corner properties because or certain factors.
Othere only coastal or inner city thats what i mean [specool]
Cheers
SGLife should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways Beer in one hand – Pizza in the other, body thoroughly used up, totally worn out, and screaming WOO HOO!”
