AAQ,Don't see it as depressing… see it as an opportunity from which to improve. It is better to be empowered with knowledge than to live in ignorance.Once you know where the weaknesses are then you can find ways to improve.Cheers,
Hi,To answer your questions…1. No one is going to view your personal information. You can enter in any name you want – real or otherwise – and the only reason you may want to leave your email address is if you want the system to remind you to come back and redo the calculations in 90 days.2. The site does not have an AFSL. We do not proport to…[Read more]
Great post Neilvs.Although my head is getting shinier, it's not quite a crystal ball (yet) . To be honest, I'm surprised by the sustained growth in property prices and am a loss to explain what's been happening in Melbourne for the past 5 or so months. Incredible.Still, while I was wrong on the price growth, I was right on the interest rates. If…[Read more]
My vote is also to go and look for yourself in the first instance.You can get no better feel for the area than investing time on the ground, but more importantly, you will need to locate and engage a team of locals to make life happen for you when you are not around. For example, you will most likely need a local solicitor, accountant, rental…[Read more]
Well said Simon.If you had a home and an investment property, you would be better of with the LOC being against your home, since the interest paid on a PPOR is non-deductible.For example, let's say that you had three choices with your $5,000 monthly pay packet:1. Put In The BankYou could put it in an interest bearing account and draw it down. …[Read more]
Hi TB1,My first suggestion would be to check with council. Some 'open' areas under houses (esp. in regional Qld) are that way because of flooding issues and cannot be 'occupied' as such.Often, in older days when there was no air con, houses were built up to take advantage of the breeze to cool the house. You see this with the old queenslander…[Read more]
An interesting topic and one that I am often asked.The first point to answering the question must be: what do you want from your investing, as it is the response there that should dictate the way you invest (property / shares / businesses) and also the method used (relative to $ and time).Of course, there are pros and cons to investing in units.…[Read more]
Hi Jade_C,Thanks for your post and I'm sorry to hear that you are having troubles. Certainly, it sounds like it is time to find a new PM, and one good way to find a new one is to ring around and see who is happy to help you with your problem.I am not an expert in NSW rental law, but some quick research here in Vic reveals that a tenant is liable…[Read more]
Hi Arthur,One of my first ever resources was a product that outlined how I wrote classified ads to attract vendor finance leads. I have a few spare copies in the office (I think). If you would like one then send me your address as a PM. I'm happy to send you a copy if I can find one. Please, I don't want 1,000 people PMing me – just Arthur.As a…[Read more]
Hi Terry,Yikes! Sounds… itchy.Perhaps a call to the local pest person would be wise. Perhaps s/he can give you some 'professional' bug advice.Also, are you sure you bombed correctly?Cheers,
Hi Scully,You should be able to go through local council planning records. If that brings no joy then another option is to look at the title which will show when the land subdivison was done, and assume the house was built soon thereafter.Cheers,
Hi Chris,I am asked a similar question quite a lot.Personally, I prefer the idea of selling up and using equity to get started on the premise that you buy back in using pofits later.With careful planning and the right training I am use that you could do well.Indeed, the way I began was to rent and use the money that would otherwise have been eaten…[Read more]
Hi,I don't know about these guys but two Mackay accountants I do know are:1. Connole Carlise (Wood St) – I used to work for them.2. Noel Spilman & Assoc – My wife used to work for them! (Somewhere in the city heart).Of course, make sure they can help you in your area of need and tell them I say g'day!
Thanks for your feedback guys.I will chat to Goldie about the fuctionality on the home page re: mouseover. I will also chase up whether we can get the thread topic in the email.I agree about the ads and the news items. I tend to do the news updates when time permits. I will try to get to it every other day.We have a lot of work going on in the…[Read more]
For what it is worth, we upgraded the server, but the problem was not at that end – it was the database functionality on the site, and especially the forums. Snitz, for all its good points, was simply not designed for the amount of use we were generating on it.
I agree about the testing, which is why the current…[Read more]
The sermon at church this morning was interesting as it drew a distinction between unity and uniformity.
Uniformity means sameness.
Unity is oneness.
On this forum, the aim is to have unity – being united behind a common vision in what property investing – rather than uniformity which would mean that we were all the…[Read more]
There are a number of points to be made, and I’ll attempt to make a few of them here:
1. Forum functionality.
The simple fact is that this site has far more users than any other, so many in fact, that we recently had to completely reengineer the site in response to the speed becoming so slow.