Recent content by chausta

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    Business Loan

    I had a lunch bar before and its hard work. Ideally you want a lunch bar turning over $15000 a week with a lowish rent for it to be worth your time and effort. Its very Competitive and you really need to watch your costs/wastage
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    Cash in hand vs tax deduction

    I would get more quotes. You will eventually find a legitimate quote which would be cheaper than that.
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    rural land insurance

    Hi, Which insurance companies or broker could help me with insuring a shack/shed on a rural block in WA. Its on 10 acres and there is an empty farm house/shack on it. Plus the tractor. thanks
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    cost of loans

    Hi, I'm just doing some excel spreadsheets on my portfolio and planning. So far figures are looking good.:) But on a general average, how much buffer would bank usually calculate with the loan payments for serviceability? Would they add 2% on top of current interest rates? I know...
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    Where to buy in Sydney for 600k including Stamp Duty

    If your looking to sell in 3-4 years maybe look at other asset classes? With the inevitable rate raises in the near future it could put a halt to property price rises. Although economics is much more complex then that. Just my 2c
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    Perth property listings - under 9,000

    I have notice properties in 6107 have been on the market for longer now. Lots of land for sale and no buyers. Should put a downward pressure on land prices
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    What's your biggest financial mistake ?

    Speculative shares is my mistake. One day I will hit it big :p
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    Little white lies you've told to secure a property

    white lie- I'm a cash buyer :D Well maybe if you sell it for half the market price. Every agent is different, but I do notice that they don't take me seriously because I dress like a bum and look too young :confused: When I got looking with my parents, they seem to be more interested.
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    Kiyosaki's Cashflow Quadrant - Which Quadrant are you?

    My income was from small business. Now its just investment. Going to employee soon and maybe another business
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    DIY Renovations

    - Tree lopping, gardening, landscaping etc. How much lopping needs to be done? Is it dangerous (power lines or property near trees) Get a quote from some loppers to see if it is worth the effort doing it yourself - Pulling down an old falling apart patio do it yourself, it isn't hard - Sand...
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    How young people can tap into the property market?

    I'm young and still think property is affordable. Of course if you want the brand new 4x2 home it probably won't be. Interest rates are at an all time low too. Most of Gen Y can't save. Just remember its not how much you earn, its how you save it. I remember when I said that to a "friend"...
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    POLL: Using water when Showering effects : Please Help!

    I have only showered on the 2nd level not the ground level. Shower is slightly affected. However it takes forever (about 2 minutes) for the water to become warm.
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    What's your asset-debt ratio limit?

    Took loans at 80% and 90% for 2 IP. I'm sitting on about 80% at today's values. I have a lot of cash though. So the leverage ratio doesnt really matter. I would buy more but can't yet.
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    Is wood flooring and airconditioning really a must for Asian tenants? (generally)

    I'm Asian descent and I like hard flooring to the living areas and don't mind carpet in the bedrooms. I try not to use air con. But I did notice in Asia that they will always leave the air con on full blast. Laminate flooring can scratch over time. But I think the non-glossing surface is more...
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    Any advice for these plans for a 4 unit site.

    I see nothing on the attached pdf
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