Recent content by mookie

  1. M

    Mortgage Meltdown ABC 4 Corners Monday night

    Moodys predict double-digit home price drops for the U.S. http://money.cnn.com/2007/09/19/real_estate/steep_home_price_drops_coming/index.htm?postversion=2007091915 "NEW YORK (CNNMoney.com) -- Over the next few years, more than three-quarters of the nation's housing markets will suffer...
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    Mortgage Meltdown ABC 4 Corners Monday night

    I'd be interested to hear if any of the forum members purchased in the U.S. in the past few years and what the current situation is regarding their properties.
  3. M

    Mortgage Meltdown ABC 4 Corners Monday night

    The videos on the four corners website were good viewing, extended interviews gives a much clearer picture of what's going on there and how it may affect us.
  4. M

    Rosebud Ave's

    over 200 properties on the market down there.....better be quick or you'll miss out.
  5. M

    Good investment in Launceston?

    I own a property in Invermay and i can say we never had a problem getting insurance at a good price, and for an IP it's a tax deduction anyway. As far as flood goes, if it got to the area anywhere near the East Tamar Highway, most of the CBD would be under water nevermind anywhere near the...
  6. M

    Good investment in Launceston?

    At the moment $240, we're using M&M Harcourts as the property managers. One of the partners, Kirsty Dumphrey was young business woman of the year a few years ago. A very switched on young lady. Also we just received the latest report on Invermay sales, i could scan and email it to you if you'd like.
  7. M

    Good investment in Launceston?

    Hi Christie, my wife and i purchased a 4br federation IP in Invermay 3 years ago for $148k and rented it out after 3 days for $220wk, with not a thing to do it. In that time it has appreciated to $220k and the rent has increased twice. I recommend you buy a cheap fare and trot down to Launy for...
  8. M

    Your Investment Property magazine

    I've just seen the first issue of this magazine and i'm disgusted at how misleading the photographs are for the areas they descibe, and relevent information on what's actually going on there. Gowenbrae for instance is a small pocket of land with a median house price of $310,000 in Melbournes...
  9. M

    Trust structure for a new business

    this is fantastic info guys, absolutely brilliant. I didn't even know about directors insurance and i'll be better armed when i sus a good solicitor and get out to see Dale. Really appreciate your replys. M.
  10. M

    Trust structure for a new business

    thankyou very much for the replys, you've given us some food for thought. If anyone can recommend a solicitor in Melbourne feel free to contact us. We expect to get things moving within the month. Cheers. [email protected]
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    Trust structure for a new business

    We are in the process of starting our first business and want to make certain we get all the legal issues that could arise covered before we go to far and start getting ABN's and business registrations etc. It seems from reading past posts that setting up some sort of discressionary trust with a...
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