Recent content by callum.newton

Goodmorning, I was in Sydney two weeks ago and stumbled across a cafe launching "mHITs", a free system for paying for coffee and other products using a sms from your mobile phone. Just wondering if anyone here has tried their service and what you thought about it? Seems like a convenient...

Seems that web 2.0 dictates that everyone needs to change their site layouts every year or so or risk being left behind / made redundant when a new service is offered. Probably a product of the current "Computer Game Generation" who need constant stimulation or risk losing their attention to...

Cheers for that expansion of the "shake out" Gools...its something I kind of intuitively knew existed but without knowing how to say/express it. It would be interesting to note the shake out time which the Port would experience when even more of those apartments are built up that way. This is...

What did you hate so much about retail? Anything to do with the idea that in the larger shopping centres, the income from 30 days of the month is spent paying rental fees, wages, overheads and that it is only the 31st day of the month when any profit is made...? Sucks as there are only seven...

Thanks for the link to that discussion Gools. I had read that discussion already but it didn't really explain to me WHY so many investors had purchased those apartments and are now attempting to get out. Thanks for your opinion eKwatee on this matter, this was probably the answer I was looking...

Evening All, I have been looking at -and am suprised by- the large volume of apartments for sale around the Glenelg foreshore, particularly around the Colley reserve area. Can anyone suggest a reason for this? Are there issues with the management of the apartment complexes? Has an...

Renting out to a bikie chapter eh? Only if chuck norris was my PM...

Beat me to it Geoff- Gungahlin is certainly a new estate and is becoming increasingly popular, particularly with defence members who can obtain some rental assistance to rent there. I considered purchasing there a year ago however, the lack of substantial public transportation between Gungahlin...

Very interesting thread... Out of curiosity, does anybody know what the Australian Fractional Reserve Rate is? I have tried googling it but it doesn't seem to be an easy value to find... C

Thanks for the reply JoannaK, Should a manager have been appointed even though it is a community titled complex? I think the confusion arises because I am not entirely sure how a community title operates, as opposed to a strata which I am comfortable with. How are these entities...

Do you just give your accountant the receipts and let him sort it out or do you use some sort of template to pre-compile the information? I have been using a template format, that way the accountant is hard pressed claiming that they have spent hours on something when you know very well that...

Evening Dreamz, if it has been recently renovated, I would want to know that the adjoining wall is council approved as a fire wall and that the work has actually been completed. Recently had a near miss with this sort of issue as the developer was meant to upgrade the wall according to plans...

Evening All, A friend of mine is about to purchase a townhouse which will not be listed as a strata, but as a community title. The selling agent was unable to give an annual ongoing management fee as the community title has yet to be set up. This confuses me as I had always thought that in...

Thanks for your suggestions. The word is that a fire wall exists which was in accordance with 1970's building regulations. That said, the property inspector advised checking with local council to find out if the wall had to be upgraded during the renovations. Must admit that my sister...

Afternoon Somersofterians, I have a question about firewalls and community titles. My sister is in the process of buying her first unit which is part of a 1970 era recently renovated set of community titled units. Upon paying for a property inspection, the report came back from the...