Recent content by Craig-G

hmmmm - valid question. A combination of...travelling and living OS for 2 years :) purchasing 2 houses with no real savings but borrowing capacity so use credit in place of cash to cover entry costs :eek: plus PPOR being a major reno/rebuild so needing to dip in a little :o

No concerns with your comments Piston. I like your perspective. To clarify - not sure about the whole millionaires thread:confused:... I am 31 earn 80k, live week to week and the above properties are my only assets so am a long way off millionaire status. Also a baby doesn't cost much but the...

Thanks for the prompt replies. Regarding the discretional spending we are pretty responsible at the moment it is just that things have gotten tighter with our first baby on board. I take the point on board regarding the credit cards. We aren't using these but are essentially only paying...

Thanks M&M - your views are appreciated - THe CC's are causing me a concern. Just realised I posted in the accounting section so have moved to the more appropriate finance section. Maybe the Mods could delete this post if they are concerned with the double up. Craig

Hi guys, I need to have a look at my finances in a bit of detail as I am close to exceeding my risk tolerance and am sure there is a better way of managing things. Would be highly appreciative to draw on the collective views on the forum to see if I can get some advice – brokers and average...

Just to add my bit, there seems to be considerable concern re: asbestos. Not from Adelaide but doing a major reno on an asbestos filled house in WA. In my eyes asbestos is everywhere out my neck of the woods but people seemed very scared of it. Left undisturbed there is no issue whatsoever...

Thanks for the responses guys, From what I take from the posts, I have nothing to worry about in respect to my recent letter as the LOC will effectively operate the same. The future is however a different story and the bank can recall/change products at will. Certainly interesting times.

Received notice from the CBA stating: I know this may be straight forward to many people but any notice from the bank makes me nervous. Is this a good thing, a bad thing or indifferent? Are they just saying that the way my interest is calculated is changing? Will there be any practical...

G'day MTR I assume that you are following the current post at: http://www.somersoft.com/forums/showthread.php?t=43971 It was started last year but has been revived and there has been some interesting debate on the peninsular in the last couple of days. Certainly presents a couple of...

Sorry to interrupt the BoatBoy Vs. Roopam debate, however thought I would throw my hat into the ring... Firstly I am not from Brisbane and have spent a total of 10 days in QLD my entire life so take my opinion as you will. I have however purchased a property in Woody Point around 18-24 months...

On the FHOG side of things. So long as you have never lived in your IP and you move into the apartment within the first 12 months and stay there for at least 6 consecutive months - you should qualify. Obviously everyones situation is different so do all the checks but that is my take on it...

Bit cheeky... but I am interested in this post so seeing it has been a week without a response I thought I would give it a bump to the top of the list. Surely someone on here has had experience with structural walls??? Cheers - Craig

Cheers guys, My take on the process based on the post... 1) Arrange for a registered professional engineer to inspect the property and develop plans for the job. 2) Submit plans to Council for approval. 3) Have a builder/carpenter complete the actual work. If I am missing...

Hi Guys, The dust has settled on my first renovation project and I am keen to start progressing some of the major works. The major job that I am keen to get completed is the removal of a structural wall to provide an open plan living area. This will allow me to turn the current sitting...

I am sure the Mod's had a cheeky smirk on there face when they moved this post ;)