Recent content by Fester

I will be retiring end 2007. I will be receiving a pension from a Public Service fund. I also have investment properties. The advisers I have seen tend to shy away when I mention IP's! Does anyone know of a good IP savvy adviser in Adelaide?

I can find info on these type of graduated mortgages but not this particular company. Maybe I am not looking hard enough!

Hi all. Just want peoples opinion on InvestorsDirect and their "Cashflow Mortgages". I realise that the concept eats into any future capital growth but in a time of rising prices is this a worthwhile strategy? I am a little concerned that they claim "you can claim the tax benefit from the...

I take a video of everything around the house every 3 months and transfer it over to DVD. I also photograph items around the house if something has changed. I keep a copy of these and my old photo negatives and a backup of all the digital photos from the cameras in my locker at work.

Just got it in the mail, and I must say he has a fine looking head much like myself!!

Thanks Rixter, interesting because mine are with WBC too and they insist on vals!

Two of my fixed IO loans are due for renewal. I want to extend the Fixed Rate IO period to more than the original contracted (5 years) but the bank insists on re valuation of the properties! Is this a normal bank practice and if so what is the logic? Regards, Fester

I bought my first two properties through the Investors Club many years ago. As Trump said, I knew nothing about IP's and everthing that goes with it, so it was a good place to start for me. If I had known then what I know now, no I wouldn't have taken that path! I have done much better doing...

Who cares what Mr Fitzgerald says, I'm still in front!! http://www.theadvertiser.news.com.au/common/story_page/0,5936,15522555%255E913,00.html

You on commission Geoff!! I know Dale would be fantastic (I have his books!). I don't know, still got this thing about face to face. And is he as good looking as my accountant? Fester

If you are north of the city I use Pauline R Murray at Gawler. She is very rental property savvy. ADDRESS 17 Cowan St Gawler SA, 5118 Australia Ph: (08) 8522 3800

Economists!! Been there done that, boom 3 fold, I'll believe it when I see it!

Gee, I had an aunty from Broken Hill died several years ago. Her old place in Railwaytown sold for $11K (not a dump either!). Used to spend a lot of time up there, many relatives once, but most of them have moved out now, no work. I looked at it recently but was told a lot of unemployed up there...

I have had good and bad experiences with valuers. The worse I had was a valuation for a property at Pacific Pines on the Gold Coast. The big bank valuer phoned me personally a few times because he couldn't find the property and the first time didn't even know where Pacific Pines was, and he came...

I think there is confusion between +ve geared, -ve geared and CF+ and CF-. My argument is that in certain circumstances (and as was said before, if you are in the higher tax bracket), then you can be still CF+ and -ve geared. It would not matter whether you were very highly CF+ or CF- a...