Recent content by One-off

Of course they were - that's why I discounted it. :)

Brains, In actual fact, $283-285 K is the average over the last 12 months. The fibro 3 bedroom next door to mine sold last week for $285 K - they have to tear down the garage and replace the bathroom, as one has dry rot and the other has wet rot. 3 two beddies have also sold in the last...

Tony, You're partly right. This is very much a capital gain scenario, not a cash flow deal. However, the nightmare that most landlords face is getting reliable tenants that will look after the property as if it's their own. Actually doing improvements is something that (a) is just...

It's insured, and you'd have to burn down half of Blaxland to get at it. Pretty safe, in other words.

I'm posting this to gauge interest in a property that I intend to market. The property would be negatively geared to the tune of about $100 per week (assuming top marginal tax bracket). It is located in the lower Blue Mountains west of Sydney. Yield on the property is not spectacular...

Reply: 1.1 From: Bob __ The name(s) of IP-savvy accountants in the ACT. Oh, and next week's Tattslotto numbers, to assist the ol' cashflow. :-) Bob (Not a lawyer, not an accountant)

Reply: 1 From: Bob __ So tell. I sacked my last bloke - what a loser. Couldn't tell his a**e from his elbow. Bob (Not a lawyer, not an accountant)

Reply: 1 From: Bob __ I'm certainly no expert in the field, but someone once told me that as an owner-builder, you could only get so many licences over a given period. Something to look into when you get advice, anyway. Regards, Bob (Not a lawyer, not an accountant)