Recent content by JPM

I tend to read a novel. Doesn't have to be anything flash. I go for John Grisham or Dan Brown. Anything that takes you away from the daily grind I guess. Regards, Jason

Chris, I have an IP in Bundamba, which used to be a PPOR. And I also work in Bundamba. It's a suburb with everything, New housing, Old housing, Industrial Estates, Ipswich road goes right thru the middle. It has a train station and also primary and secondary schools as well as a TAFE...

Hi all, I work for a security company and we sell the types of doors that are being mentioned. Our prices are as follows: Single locking: $290 installed (this was $220 a month ago!!) Triple locking: $ 360 installed (this was $315) Crimsafe : $816 installed (was $715) I'd say the...

Kidders, I have a rental in Redbank. Had it for roughly 4 years. Paid about $70K and last valuation was $140K (I think). Been rented to the same tenant ever since I've had it. Rental is slightly under market I think but am happy to keep this guy. $155/week. Don't get it mixed up with...

In all honesty I cant dispute the valuation as I believe it to be correct. It's over 3000 sq mts and 800 sq mt blocks are going for around the $200K so i've got no problems with that. My issue is with land tax.Surely theres a better way. The bank valuation on the property went from $740K to...

Brenda, One of our properties (The Block) went from $125,000 to a new value of $680,000. I can understand why as it's 3/4 of an acre in the main street of town but geez I hope they change the land tax real quick. None of our properties are under 220% increase, which they are claiming is...

I've used Les Culbertson for years. Les doesnt own the business anymore but I had an inspection done by the new owner and he seems quite competent. Culbertson Building Services: (07) 54646931 Regards, Jason

Thanks Julia, I guess I wasnt explaining myself too well. I NEVER capitalize interest whether thats the loan or the credit card. All bills for investment are paid on the card, this is then paid out in full each month. This gives me a record of my expenses.The money to pay the card comes from...

Guys, Agree totally. If you see one of the earlier posts in this thread I mentioned to be carefull about the interest component. I pay my interest each month out of my 'personal' money. No way would I capitalize interest, just the expenses. Sorry if I gave that impression. Regards...

David, Keep the questions coming if you want. It's no probs. I actually have a LOC for each property.Really only have 2 cc's for properties. Your right about about the tax office only being interested in totals. This may not be the best way but it's basically one loan with a sub account...

David, The accountant verified it. It's a legitamate business practice. It's claimed under interest. Our expenses for all our properties last year was probably around the $30K mark so it makes a difference if i can plow that into the ppor loan. as long as youve got a fair chunk of...

Mark, A great review. Thankyou so much. This saves a lot of time and money on books that are either a old idea written a new way or just designed to gloss over everthing without too much 'in depth' analysis. Think i'll go and buy it. Haven't seen it at the bookstores. Is is easily...

Hi David, This is exactly what we do for all our properties.It works out very well if you still have a PPOR loan that you are paying off. I reccomend it to you. IT has made a HUGE difference to us because we have quite a large amount of expenses each year. Just don't do it with...

Duncan, I don't believe Kev was refering to her breasts specifically. I took it to mean her overall appererance and demenour as she seemed to be a very attractive and well presented lady who has a great personality. Kev obviously has a very high opinion of her. Regards, Jason

Kev, No i remember why I could recall her :cool: She seemed well presented and very nice. It did cross my mind whether she had been in the industry before or was she just starting out. In a place like Ipswich even if you don't know every agent personally, you know who they are. I hadn't...