no i haven’t bought in australia since July after buying about 15 in the 18 months before, since around a year ago prices have moved up making it near impossible to buy cash positive in the markets i was buying in Victoria and SA. i’ve actually sold about 10 properties in the past 6 months as i…[Read more]
this is the way i’d look at it
if i put in 20% deposit and borrowed 80% finance how does the deal look ?
so $60,000 means 12,000 deposit plus 2,000 purchase costs. Total cash into deal $14,000
Now income if rented for 50 weeks per year $9000
now expenses remember you are borrowing 48k at 7%
interest $3,360
rates $1,256
B/c…[Read more]
work out your roles in the relationship, call me a traditionalist but this is how we work it.
Janine gets all the little issues and i get to make decisions on all the big stuff.
for instance janine decides where we live, what i do for work, where the kids go to school, what type of car we have, where we go…[Read more]
one other bit of advice, for the wedding, enjoy the day. it is hectic and stressful so just go with the flow and have a great time, too often everyone else has agood time except the bride and groom.
another bit of advice don’t get on the forum after 9pm, unless, like me you have 5 kids then its essential.[]
what is the advantage of setting up another trust just for NZ investing, given that as an Australian tax payer you still have to declare and pay tax on any income from NZ as if it was made in OZ. those benifits Melbear mentioned are only for NZ tax payers.
i once told a bank manager what my future plans were (just an idea at that stage), the bank nearly pulled out at the last minute leaving me in a very bad situation, i had to do some quick talking. Chris, sadly not all bank managers have the ability to understand common sense, you obviously have one. From now on i never lie but i…[Read more]
just lucky to find out before you meet for a secret date, now that would have been a laugh.[]
i remember a friend about 20 years ago didn’t find out his Pick up was a Bloke till after they kissed. My mate used to drink a lot but that’s real bad, would have been enough to turn me off alcohol for ever.
regards westan
the suspense has been eating away at me all day. to lure you back to the forum i have to post some more New zealand words
Jungle Bills – christmas carols
Jumbo – pet name for someone called Jim
Inner Me – enemy
Guess -vapour
Fush – Marine creature
Fear Hear – blonde
Ear roebucks – exercise at the Gym
Duffy Cult – not easy
Bug hut…[Read more]
i work on don’t confuse the banks too much and only tell them definates, so if you havn’t made up your mind don’t tell them, personally if you have already put in an application and its approved don’t worry them.
LOL richmond, i can see you in it now, … uhh thats scary. Gee muppet i am doing real bad when you are picking up myspelling , next recoveryman will correct me.[]
its funny how we all use words differently. a few years ago a friend of mine was at a very conservative Bible College here in australia, they had a visiting American speaker would was…[Read more]
now how does the excuse go ? something like the “keyboard is the problem”. []
what’s the day like in Down town Waimiha ? it’s real jandal weather here. have you finnished your reports? i’ve only got 10 work days to go till i’m finnished.[8D]
regards westan
you are not alone in your fruitless search. sadly even 12 months ago these type of propereties were common, but in Australia not now. There are still good buys out there but they require patiance, hard work, good networking and a bit of good fortune.
sorry not to be able to give you too much enthusiasm.
westan