Recent content by davy

Colours tends to appear darker in smaller area than in larger area. I found this out when I chose the colour of my colorbond gutter. The sample looked quite dark but after it was installed it looked much lighter. And the lighting can change the color of the walls as well as the furnitures...

Just to add to Somon's comments. You can only draw down from your LOC if you have equity in your PPOR. You might need to hace your PPOR vauated by valuer.

geoffw, Sorry to heear of your friends' health problem. They are fortunate to get IP insurance before they had cancer. In my case I am an asthmatic and the insurance company refuses to provide me with IP insurance. As an alternative, I have to provide my own IP Insurance. Currently...

Property Investment is still new to me. I hope my contribution helps. Risks can be minimised by taking out income protection insurance.

I used to have one, but it is taken away from me. What is going on?

What Kevin said is true. The agent organised an electrician to replace the lightbulb in a unit that my friend rented out and sent him a bill for $75.00. Davy

Hi Andrea, Welcome to this forum. Your story has been an inspiration to many of us. Congratulation on your success. How do you manage to cope with your busy schedules? Davy

Steve, When will you be coming to Melbourne again? Davy

Just want to thank you all for the advice. Finally the settlement came last Friday after a long wait due to vendor had problem with title registration and his bank lost the title just a few days before the settlement. The vendor kept inststed that he would not replace the dish washer and...

I have been thinking about PT's comments. It seems that I will be on the loosing end if the settlement cannot be delayed. Let say that $1886 is in a trust account and the settlement has been completed but the vendor refuse to give me the key to the property. I have to pay interest on the...

Thank you Asy. I have just found out from my conveyancer that the vendor cannot just terminate the contract. Confirming what you have just said. I am from Victoria. Davy

Hi, This is my first IP, and I have already run into problem with the vendor before the settlement. Under the contract, the vendor agreed to include a dish washer FISHER & PAYKEL - DD603SS RRP $1886. But recently, I visited the property and asked the vendor what dish washer did he...

Last year I was invited to their seminar. Rather than turning down, I decided to turn up to see what it was all about. Upon arriving they asked us to sign a declaration to say that we were not accountants or lawyers. I think they must have encountered problems with accountants and lawyers...

Today's Age has an article on NII and HK: ASIC takes property group to court http://www.theage.com.au/articles/2003/03/04/1046540187771.html

It my first time attending Jan & Ian' s workshop. I find the the info is very helpful. Especially on how to use the software. Many thanks.