Recent content by jerrybee

  1. J

    what effect greek travel

    IMO for investors, traveling overseas without the right insurance is one of the riskiest things they can do. If you get hurt - which is entirely possible in a foreign land (particularly in poorer countries with high crime) - and need specialist care, you could be up for hundreds of thousands of...
  2. J

    BCC hitting properties with 5 individuals/ granny flats again

    I just checked and it cost me $515.00 (BCC) + $330 (Pro Townplanner fees). As for the rules, yeah they suck. But hold tight, once the population grows they'll give in eventually. It might take 5-10 years, but if you have properties in good areas then I predict eventually they will budge, and...
  3. J

    BCC hitting properties with 5 individuals/ granny flats again

    Because I'm 45m from a huge shopping centre and I have 7 bedrooms so it would be a shame if I couldn't make use of its full potential. It starts off with a technical advice which cost me a few hundred I think. Then if it's looking positive I embark on something bigger which costs more and takes...
  4. J

    BCC hitting properties with 5 individuals/ granny flats again

    I contacted Darryl and he's helped me lodge a technical advice with the BCC to see if I can get some things changed. It's going to be a long process, like 6 months, and may not even be successful. But worth a shot.
  5. J

    Melbourne to run more

    There is nothing intrinsically wrong with OTP. It's just hard to find a good one but they are out there.
  6. J

    Melbourne to run more

    Two things you're missing / "hidden" from that report: 1) Most of that 76% growth happened between 2001 - 2011 2) Past performance does not guarantee future performance 10 years from now YES Docklands and Southbank will probably have matured and become great places to invest and live, like...
  7. J

    Is this a crazy idea? Advice wanted...

    Hum...once I've exhausted all my options I will:) It's a commercial property anyway so it'll only be of interest to a small group of people.
  8. J

    what effect greek travel

    Be careful of CC insurance. They usually have caveats such as all your accomm needs to be booked on the card too.
  9. J

    Is this a crazy idea? Advice wanted...

    What do you mean?
  10. J

    what effect greek travel

    If there was a bank run maybe things would get crazy but this has been unfolding for so long now that all the obvious problems would have been thought of already. It's hard to predict but I would just buy insurance in the event that you need to cancel, otherwise relax and have a good holiday.
  11. J

    Is this a crazy idea? Advice wanted...

    You're right, I'm just frustrated at the APRA changes. Really nice place popped up and I can't get it, argh.
  12. J

    Asset Protection in terms of divorce

    Sell half of it to your parents or someone you trust.
  13. J

    Lending market changes in 2015 ? looking ahead, what?s next?

    I already have my loans set for IO for 5 years. Is there a further "locking" I need to do or is this it?
  14. J

    Concrete cancer

    No no I was just curious. I figured this would be more likely along the coast so I was surprised to see this is way inland. I'm no expert but it doesn't seem to bode well for you if you're not near salty water / winds and it's still got concrete cancer.
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