Recent content by 888Katone

Where or what would you buy with $50K. Strategy is simple - to hold it for a very long time. To buy cheap and watch it really boom in value. Would you buy masses of acres in a rural area ? or a normal sized block in a rural beach area... REAL EXAMPLES; Or a 650m2 block one road back...

Thats good info thanks. There are quite a few dual occupancies within 1km radius of our house - including 2 townhouses being built side by side in our street a couple of houses down. Also - a few houses down are 2 other townhouses side by side. Our house is too good to knock down which is...

200K sounds good ? I hope so...I am thinking it would be fairly straightforward because it is a normal rectangular block. Its a blue chip area so the townhouse alone would sell for minimum $550K. I was wondering what you think about going with someone like Metricon ? They do dual...

HI there, We have a large block - 696 m2 and are looking to build a townhouse in our backyard. We would create a separate title for both residences and ultimately sell both. The house we live in is in very good nick. Just wondering what we would expect to build a 3 bedroom townhouse with...

I like the idea of leasing the spare land to someone...but not a trucking outfit as it is quite the boutique hobby farming area. Too many people would notice the trucks - and it would be a total waste of time.... If you could only a camoflauge a mobile phone tower !!!!!!:D:D:D

I'd love some advice on the following... My husband and I have a combined super of $250K in traditional non-SMSF accounts. My husband gets 20% return a year on his super. We will retire in 15-20 years respectively. We have one IP (a unit) which is mortgaged at $247K. It is currently worth...

Interesting idea bed and breakfast - not sure how i'd run it since I live 100kms away - however - I guess you could hire someone to do the breakfasts and cleaning portion.... Plant some olive trees, fields of lavendar - some grape arbours - call it Tuscan Farm, in the heart of central...

haha !!!:eek::eek::eek: OOOOPS ! $200 PER WEEK !!!! Got any ideas Nathan ?:D

I like lateral thinkers and enjoy a little lateral thinking myself.... I was looking at a property in Harcourt Vic with a nice period house made out of timber and stone, 5 acres, sheds and tank water with fenced paddocks. It is selling for around $390K. What sort of rental income or "use...

Expert advice on SMSF please - easy questions : ) I'd love some advice on the following... My husband and I have a combined super of $250K in traditional non-SMSF accounts. My husband gets 20% return a year on his super. We will retire in 15-20 years respectively. We have one IP (a...

Murtagh What kind of income producing assets do you suggest ?

Thanks Murtagh - not far off - mortgage on PPOR is actually 170K. What would you do ? We have thought of everything so far and cannot do anything further with structure of loans - so we believe....

I should explain - we paid off our unit in our first yr of marriage and remortgaged it after a few years on buying our PPOR. The mortgage on the unit is currently $242K. We did well with the PPOR - bought that in 2005 for $445000 - currently worth $650K in 2008 - with no improvements...

Has anyone had experience in leasing their unit to a corporate tenant ? We own a unit close to Tullamarine Airport and the City - attractive and fairly modern and medium level finishes - 2 bedroom. If we can attract a corporate tenant as opposed to an ordinary tenant we could get this unit...

Hi all Just having second thoughts about a sale. We have 1 IP - a unit that was purchased for $185K in 2001 which is now valued at $350K. It can be rented out for $300 if we want to at the end of the current lease in a couple of months. Problem is it is heavily mortgaged and we are only...