Recent content by johncheexyz

  1. J

    What purchase costs do I pay with borrowed money?

    What about the RPData subscription fees ? For anyone that is not using BA and intend to use RPData to do all DD prior/leading to purchasing an IP.
  2. J

    Big Thanks

    Now, I'm confused ... I think OP and MTR both referring to aaron_c from www.acecapital.com.au ? And why aaron_sice from www.aaronsice.com.au responded ? are they the same guy ?
  3. J

    is this tax deductible???

    Hi Terry, The difference I can see using LOC compare to the offset account is that the interest rate on LOC is generally higher. Hence, no financial benefit in using LOC (although the interest if tax deductable). Also if the offset account is used purely for investment purposes/expenses, it's...
  4. J

    We can meet : Michael Yardney Event this Sat

    Yes it works. Many thanks Virgo! This would be a great bday gift for my mate who's a fan of Yardney :) Also, I will ask him to look for a guy with SS flag.
  5. J

    We can meet : Michael Yardney Event this Sat

    Hi Virgo, Thanks for the link. Does it require Promo Code ? I click Proceed to Checkout, it costs $99.00 per 1 ticket ?
  6. J

    Young investor starting out

    Yes agreed, it's all back to set goals. Hence, can we say that "buy in north shore & avoid west Sydney" was based on your experience and it shouldn't serve as a general advice ?
  7. J

    Young investor starting out

    Thanks Peter for your insights. Yes I agree with you on the city area. However, "buy in north shore & avoid west Sydney" as you mentioned, it's depending on the OP strategy. I'm not intending to compare suburb by suburb as North Shore and Sydney West cover a very big chunk of area. My...
  8. J

    Young investor starting out

    @Peter14.7 RE: "avoid west sydney" Just wonder why is western sydney is bad for investment ? I've been reading a lot of posters suggested western sydney is good with cashflows etc. and of course, western sydney has one of the largest population.
  9. J

    Unauthorised vehicle in my parking spot

    @exc & raj, not sure if you've read my latest update. After learning the whole process, this is what I would do in the future: 1. Put a notes on the unauthorised car with friendly messages like "WARNING! You're NOT authorised to park in this spot. Registration no XYZ has been recorded. Please...
  10. J

    Unauthorised vehicle in my parking spot

    Thanks Y-man for clarifying this for me. @china: Retributory action can happen in almost any public/common places. Just that John Chee is more likely to get shot on the foot in US compare to AU :) Living in a house does not actually solve the issue. You may have all funky high security gate...
  11. J

    Unauthorised vehicle in my parking spot

    Hi Ausprop, My answer is to tow away the unauthorised car. But for future prevention, the one suggested by The Fence is probably one of the most harmless/creative way (just replace the spikes with something more human friendly like an iron road pole). Since it's a prevention, it won't even...
  12. J

    Unauthorised vehicle in my parking spot

    I may have just found the answer to my own question. What if someone parks in my private carspace? A by-law is not required to allow you to tow an illegal parked vehicle in your private lot because the illegal parked vehicle is a trespass on your property. Source: TEYS Lawyers And i...
  13. J

    Unauthorised vehicle in my parking spot

    Hmm... the car space is an allocated space in the Strata Plan/Title or common property which controlled by Body Corp. Should this be not the same as most unit apartments out there ? Best idea so far :) I may propose this in the next meeting. Meanwhile, do you know how/where to get this...
  14. J

    Unauthorised vehicle in my parking spot

    I tried to search around this forum but couldn't find any resolutions yet. Hope to get some of your wise advice: I own a 2 bedroom unit with one carspace. Two days ago, I have noticed an unauthorised vehicle had parked in my allocated spot and this is the 2nd time after a few months I...
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