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  • Profile photo of WallFlowerWallFlower
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    @wallflower
    Join Date: 2004
    Post Count: 205
    April 16, 2004 - 10:32 pm

    Comming in on the tail end….

    When we started off (newly weds) we decided to not take a loan for our PPOR.Later we built it from scratch, cost us around $80,000 building over 3 years and living in a caravan with 4 kids (wonderful memories). Any way 4 years down the track house worth about $350,000 and we are off to see the Bank manager….

    Suggestion ( and i know it’s hard):look for alternatives when acquiring your PPOR, starting off with a big ‘non tax deductable’ loan and then trying to find money to invest, I think, is more difficult.[thumbsupanim]

    Profile photo of WallFlowerWallFlower
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    @wallflower
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    April 16, 2004 - 10:02 pm

    Hmmm, O.K half an hour of sleep it is

    Thanks

    WF

    Profile photo of WallFlowerWallFlower
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    @wallflower
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    April 15, 2004 - 10:45 pm

    Jaffa you are rocking my world…

    Do you think the stamp duty calc should include the Loan amount and the price of the house so you get the total SD payable. Just a thought to save from flicking screens.

    Just a thought
    WF

    Profile photo of WallFlowerWallFlower
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    @wallflower
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    April 15, 2004 - 10:17 pm

    Stop playing games you little devil…

    What constitutes work, and can a 12 month old be considered an employee,and can a trust fund have employees. If I have to read another book, i’ll then be awake for 23.5 hours in the day….[sleepyanim]

    Profile photo of WallFlowerWallFlower
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    @wallflower
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    April 15, 2004 - 8:19 am

    Hi Karen F Petterson, mind if i call you Kazza ?

    check out the Investor Strategies section, you’ll find there’s more than one way to skin a cat

    WF

    Profile photo of WallFlowerWallFlower
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    @wallflower
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    April 15, 2004 - 7:44 am

    Collective “WOW”

    WF

    Profile photo of WallFlowerWallFlower
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    @wallflower
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    April 12, 2004 - 10:41 pm

    Hi Pisces,

    ‘Can one sell a lease option to one who wants to continue receiving rental assistance’

    It was just a thought, as i was tilling the bathroon and wishing i was dead…
    Thanks for the input
    WF

    Profile photo of WallFlowerWallFlower
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    @wallflower
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    April 12, 2004 - 8:45 am

    Pisces, when paying $150.00 pw rent,(in say a suburb of Melbourne) your basically in a fairly ordinary house.You are then paid rent assistance (if you qualify) on a percentage of that figure. With the LO, for the same ordinary house you’ll be paying possibly $200.00, so your rental assisance will be higher , but instead of pissing your money away , you’re trickling it into somebody’s pocket at the governments expense to ultimately own you house anyway…
    I can’t decide…

    Profile photo of WallFlowerWallFlower
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    @wallflower
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    April 12, 2004 - 6:19 am

    Do you think this is fudging the system ?
    Also the exchanging of ‘contracts’ and consequently claiming the FHOG might alert the powers that be that there was a whole lot more goin’ orn than just renting….

    WF

    Profile photo of WallFlowerWallFlower
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    April 8, 2004 - 4:00 am

    Amazing…”Ask and you shall receive”

    Thanks …..

    Profile photo of WallFlowerWallFlower
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    @wallflower
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    April 6, 2004 - 10:04 pm

    I found Rick being moulded by the PR juggernaut quiet interesting. Do others feel that a bloke in a $4000 suit driving a flash Merc has more ceredibility than a bloke in $600 suit driving a 2000 Commerdore. Us Ozzies aren’t that fickle are we ?
    Or is there something more to it.

    Overall the segment was quite inspiring….

    Profile photo of WallFlowerWallFlower
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    April 5, 2004 - 6:53 am

    Say all does not go well in the first wrap deal, and $6,600 is not made. Are the costs involved with setting up the deal re-funded also.

    Profile photo of WallFlowerWallFlower
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    @wallflower
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    April 5, 2004 - 6:41 am

    Hi Julia, my comments were a round about way of saying thanks for the explanation, that was not forth coming from other sources.[blush2]

    WF

    Profile photo of WallFlowerWallFlower
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    April 4, 2004 - 5:16 am

    Julia, obviously you have nothing to sell.

    If you do I’d like to know about it….[whistle]

    Profile photo of WallFlowerWallFlower
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    February 3, 2004 - 12:26 pm

    I Agree, by the way what’s the 11 second rule again ??

    WF

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