Recent content by grizzly_1

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    Sell car privately ? or sell it to "cash for cars"

    I recently sold my wifes hyundai excel that was unregistered and leaking coolant badly for $250 on gumtree. Got about 10 messages saying they would give me $50 but within 6-7 hours I got a call from someone who came over the next morning and bought it. Mine had 250,000kms I suggest putting...
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    How much do you need to live every year?

    as my wife and I are actively saving at the moment, our living expenses are 360 each week combined. This covers everything (groceries, fuel, maintenance, bills, insurance, going out) other than mortgage. We have done this for over a year now so is possible for us to sustain although looking...
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    how much do you spend on food each week?

    We budget $70 per week for two people and a dog but rarely spend that much, normally round the 60 mark. That includes all cleaning and toiletries as well. Just stick to coles homebrand for most things but splurge on others (like john west tuna, but only when its on sale for 5 for $5) and love...
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    Where to buy First House in Victoria?

    in victoria the FHBG is currently $10k if you are purchasing an established home. i believe it might be about 14k? if you build a new home
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    Introducing your kids to property investment ...

    ive had a couple a cracks and managed to get 12yrs 5mnths. could become quite addictive although no real real estate benefit
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    very low income earner

    There are definately jobs out there that pay enough with no quals. They might be mind numbing, but i have friends that are willing to do that as a means to an end. One is on 55k in a quarry working arvo shift straight out of school, another on 45k in a motor company factory working day shift...
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    Re-joining electrical cables.......one for the sparkies

    yeah you need to join them seperately. One is an active, the other is the neutral cable.
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    Bendigo vs Horsham vs Corio

    Corio is definatley majority a rough area. i wouldnt be buying any of their 150k properties but you can get into some of the better parts of corio for 190-210k. Some decent houses there but not 100% sure of the best areas sorry. but even better still go for bell park or bell post hill or...
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    Costume ideas for Australian theme party

    Russel Coight is another good one but i'm not sure how people would be able to distinguish that was who i was going for without asking me. thanks heaps for the ideas people, please keep them coming.
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    Costume ideas for Australian theme party

    i definately like the fly idea. that is thinking outside the square!
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    Costume ideas for Australian theme party

    Hey guys n gals, as the title says have a costume party to get ready for. Am stuck for some good half original ideas rather than just going as the standard sportsman or whatever. Was thinking of perhaps going as reg reagan from the NRL footy show but was just wondering if any of you guys have...
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    What to do next to acquire an IP?

    thanks heaps michael that was very in depth and excatly what i needed. very helpful!
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    What to do next to acquire an IP?

    Thank you everyone for the replies. Michael why do i need a LOC if i can just redraw $20k from my existing loan to use as the deposit for an IP or am i thinking in the wrong direction here? I was thinking that i would only need to use LOC if after i had already bought an IP and had not...
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    What to do next to acquire an IP?

    I am 25 and only an apprentice so my money situation at the moment is fairly tight in that 500 is my max. to spend on property each week but obviously my wages will increase a fair bit in the next couple of years. so should i just take IO loan on first IP and continue to pay the most off my PPOR...
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    What to do next to acquire an IP?

    i dont think i was quite clear enough. i meant that i was only paying 500 a week including my interest payments, not an extra 500 so i would only be building about 10,000 equity per year. If i did buy in about 2 years time with that extra equity, is the normal thing to do, wait until i obtain...
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