Recent content by mort the frog

  1. M

    negative gearing and the labor party

    Why can't the state and fed governments be like corporations, operate under the same laws. If the NSW government was a corporation it would be hauled before the courts and jailed for 20years. Look at what they have done since the election, and the stuff they hid from voters the trains the...
  2. M

    Swell Development in Burleigh

    If its in a high rise make sure you check the BC fees I bet they are over $100 aweek, they aren't real attractive to own IMO especially if permanently let, holiday lettings ok.
  3. M

    should we build on coastal land?

    If you own the land outright why build especially if your only going to break even that seems dumb to me. Vacant land sells at a premium I'd hold it for the future.
  4. M

    Advice for my parents

    You can lead a horse to water but you can't make it drink.
  5. M

    What's happening in Noosa?

    Noosa is about 5 years behind Byron and you can't get into byron for less than half mil.
  6. M

    Dreamland - Gold Coast

    The prob with the Nth end of the coast is that it's along way from anything sort of stuck in the middle of two big cities. The freeway that runs thru dreamworld also runs 3 mins from Palm Beach Currumbin and Burleigh. That is where you want to be buying, I am negotioating 3 3 bed town hoses...
  7. M

    An RE Agent Pig

    Who said the law is an ass???? The law and the way it is enforced in our judicial system is a complete JOKE.
  8. M

    An RE Agent Pig

    I'd take this all the way for the simple pleasure in screwing this clown. It reminded me of an incident where I bought a box of protein bars as I work out alot. The bars stated 110grams but they were only 70grams. So I rang the store they said to ring the company which I did. I got nothing...
  9. M

    Gold Coast Prices

    I classify a dump as such places like Ipswich and Logan that have high unemployment large aboriginal population and not alot to do. I would not ever want to live there not even for free. Others have different veiws and thats cool with me. I'd just prefer to buy property that I would be more...
  10. M

    Gold Coast Prices

    Of the 14000 people who move to The Gold Coast each year 12000 of them will be retirees wanting to walk along the beach or stumble home from the RSL after a few too many lagers. It isn't going to attract the cashed up Sydney/Melbourne people who will move here for the lifestyle of sun surf and...
  11. M

    Gold Coast Prices

    Hope I don't upset you, but even with you giving me your money to spend on a place for myself I wouldn't hacve bought there. Thats my opinion, I imagine you will be hard pressed to get a renter to take it, as a renter on the gold coast wants to live within walking distance to the beach and shops.
  12. M

    Gold Coast Prices

    BUNDY I used to live in your street Seagull Ave before that I lived on Albatross Good spot hey. Pity nick and kelly sold their fish and chip shop though. I almost bought it. I am about to buy 1 or 2, 3 bed town houses in Burleigh or Currumbin, at 180K each they are a steal. They should go to...
  13. M

    When is it time to sell.

    Ok peoples I ain't selling, did some investigation hmm thats a neat word. I have decided to access my equity and buy 1 maybe 2 properties on the coast for a modest amount that being about 180k. As I am in the highest tax bracket I am going to setup the props as neg geared and try to get them...
  14. M

    Gold Coast Prices

    For the price of Varsity Lakes I would be looking at a more attractive area such as North Kirra Tugun Bilinga Currumbin or Elanora, These subburbs are on the Beach and when places like Mermaid Miami and broadbeach are sold out as they almost are the demand will spread. As a result the above...
  15. M

    Government's plan: Banks to co-own homes

    I bet my bottom dollar that if you were in co ownership witnh the bank at say 50/50 and the house dropped in value that the bank would have some tiny print in the contract that made the person liable for any loss in the transaction. I can not see any bank going halves in a loss. Can you.
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