Recent content by jrc

  1. J

    Sale of pre 1985 retail property

    Although you have described the property as bought pre 1985, has it changed ownership at all during that time eg death of joint tenant, inheritance, gift?
  2. J

    GST on rent

    Did you have to pay Gst on the purchase?
  3. J

    What happens to borrowed equity if property prices crash

    I remember going to a workshop in the late 80's or early 90's where a banker said the only thing keeping a lot of small businesses going was that they had equity in residential property which had been mortgaged to the bank for carry on capital
  4. J

    It's been over 4.5 years since joining!

    You are right. It's only three and a half years. pleased you've enjoyed the journey
  5. J

    What about Wodonga?

    When in Albury before Easter the locals were using the freeway as their preferred connection between suburbs on the NSW side. As a result I think the freeway already makes albury- wodonga much more interconnected than in the past. Don't know about Wodonga but the suburbs keep expanding on the...
  6. J

    Swimming pool cleaning

    Get advice from a pool shop, you need to get the decaying matter out of the pool as while it is still there you are wasting money on chemicals
  7. J

    Newcastle Flood Maps

    I've just had a quick glance at this. The written report is very informative. You could also try the newspapers both local and Sydney after 2007 as I remember there were quite specific mentions of locations.
  8. J

    Selling price

    Get a valuation and then pick the best agent
  9. J

    Bidding for a family member in auction

    One of the reasons for the difference between NSW and Vic is that in NSW the primary instrument that attracts stamp duty is the contract and if the transfer is in conformity with the contract nominal stamp duty of $10 is payable. In Victoria the primary instrument that attracts stamp duty is...
  10. J

    How much do you have "at risk" if a bubble bursts tommorrow?

    I had a small commercial property at one time, you need to budget for vacancies. But the potential yield north of 18% gross made it manageable.
  11. J

    tricky question

    Normally a transfer to executors in their capacity as executors does not incur stamp duty
  12. J

    Potential negative gearing changes

    I gave a 5 year lease to a tenanta couple of years ago. They'd already been in for 4 years. Theywant tobe inone place neartheir childn's school. Including capital growth probablyareturn 9% perannum
  13. J

    solution to guttering overflowing into the eaves

    yes that might be a solution rather than the down pipes go into the ground have a gap and a drain for the water to go into. Otherwise it might be a matter of physics one mm of rain is 1 litre per square metre of roof. calculate the maximum downfall when you have problems and seewhetherthe...
  14. J

    Psychometric test - HELP !!!!

    you're right it should be 1,500,000,000 units divided by 2100 obviously overenthusiasm - got carried away with my success in the sample naplan questions in the paper last week
  15. J

    Psychometric test - HELP !!!!

    divide 1,500,000 by 2100
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