Recent content by jocko

Hi All, The attached article talks about attempting to ring an extra $1bn to SA through Defence Industry. Might be an interesting development for SA and could have significant effects on the SA property market. Thoughts? jocko :) The Advertiser 4 Feb 03

Oooooh, now I understand...hehe Thanks Asy jocko :D

Servies of a MB Hi Jocker 10, If I read right, we are in the same sort of situation as you....had some equity and decided to use it to invest. Having used a MB to get our 1st PPOR in Canberra, we were impressed by their knowledge and options they presented. We used the same crowd for our...

Geoff, AAMI said that work on $11,150 per square for insurance value. e.g. New 20 square house worth $150,000 (land not included). AAMI will insure the same house for $223,000 to cover the costs of removal and reconstruction. I was concerned the effect on my premium would be significant...

PPOR and IP Insurance Like Geoff, I dont have insurance with CGU but am with AAMI I have a Class 1 rating which gives me Full No Claim Bonus = 40% off standard premium prices. We have 2 cars, PPOR, PPOR contents and our 1 IP all with AAMI. We have made no claims to date and have put...

And one for the northern suburbs too please. jocko :)

CRA Hits Darren, I agree with Simon. I have only made three transactions (2 PPOR, 1IP) and have never had to go to a bank or even speak to a Bank Manager. All of my transactions have been throught the free services of a mortgage broker, who knows my situation and can advise on which...

Canberra Experience Hi tcocaro, Having lived and bought in Canberra, I can offer the following observations: Hot and dry summers (40 degrees at times), but sometimes with an overnight change Cold foggy winters (-7 overnight at times), sometimes the fog doesnt lift until 1pm We found...

Mike, Thanks for the thoughts, they did wonders for my confidence. Yet, I still consider there is a lot to learn before I can consider myself "experienced". Most of what I have done to date has involved the services/skills of mortgage brokers, advice from quite a few RE agents and some...

Sunstone, that was interesting. do those figures indicate that R/C A/C is the most efficient? maybe i dont follow. the reason for the question is that i am considering putting an A/C into an IP as I am in Adelaide and I find this is a USP for later valuation (plus it is needed to keep...

Newbie thoughts I have only been registered with Somersoft for about a week but already it is mostly clear to me who are the ones providing reasonably sound or good advice. Just by looking at the number of posts and regularity, I can get an idea of who are the real investors. I dont think...

Recently queried this strategy with my mortgage broker and accountant after I heard a friend was doing it. Their advice was that while it was still legal, the ATO was finally expected to win this one and the practice would become illegal. Also, decision may be retrospective dur to time taken...

Had a friend with the same problem. He got a quantity surveyor in and valued each half added the annual yield to each property and land value based on where the sub-division would take place. Then he put the valuation to both parties on a percentage split over the sale price. An independent...

Sold my PPOR in Canberra 6 months ago and was told no CGT on PPOR. I thinks that is also correct for other states. jocko:)

Thanks for the welcome and the advice above, I suppose getting the PIA software and Jan Somers book is the next step to the prediction you are talkng about. I was also thinking about going to the seminar here in Adelaide in March to meet some other investors. Any thoughts? jocko:)