Recent content by Ronulas

Hi Bloss, Just a quick question. Why have the houses in your wifes name as the money earner? If the houses are positive as you said then you are paying tax on the profit. Would it not make more sense to have them in the lower earners name or are you both on the same tax bracket so it...

Thanks guy's, Thats exactly what I was trying to say. Timmys post was basicly saying we should not invest or at least invest less so as to give first home owners a chance to purchase. I say bollocks to that! We need to be in a position where we can put back into our society and limiting...

But this is not concern over your fellow man and his lot in life. This is concern over the security and welfare of your own property and investments. There is never any excuse for ripping of peoples property in this country. There is enough social welfare that people can at least live and not...

..............Or you could lower your standards or expectations and instead of trying to buy the $200,000 + house you could buy the $130,000 entry level house. The problem is that everyone wants to buy the house they can afford to rent. However the house they rent is far to expensive so the...

Timmy, I have to agree with lizzie. I think that when you get right down to it every investors properties are for sale. Only the price is the mitigating factor. We don't remove properties from the market, we just wait for a better oportunity to onsell them. Even buy and holders are waiting...

We had already refinanced this property and drawn down on the equity to purchase another property. There was no way we could have payed that debt down and there was no more CG to be had so the best option was to sell. Sometimes you need to divide to multiply...Still feel like crap though.

Hi all, We recently sold our first IP. This property was number one of two IP's. We made heaps and released cash flow, got some much needed reno's on our PPOR ect ect ect. But.....why do I feel so bad?:o The property was a good little money spinner $3000+ P/Y profit after expences but...

Well done mate, Good effort. Just wanted to add.... (sorry if previously mentioned, i only scanned) If you do move back to Mum and Dad's, take into account the expence of a property manager. Can add up to quite a bit. My 2c worth. Keep up the good work.

Pulse, Apparantly they are fairly good inside which is why its a shame to get rid of them but they are never on time with the rent either. They have been taken to the Tribual 5 times now. I think that the overall appearance of the property from the street is very important when trying to...

As I understand it Unemployment is at an all time low and has been for a number of years. Being in the Defence forces the obvious answer for me is civil service. If you can't or won't work you get drafted into the Forces. The military is desperate for people. Learn a trade and some self...

Hi all, Just a quick story to make you smile. We are lucky enough to own an IP a block from our PPOR. Occasionally I drive by and see how the place is looking. Until recently, the tenants have been doing a good job mowing ect. I drove past the other day and noticed every single green...

I'm sorry Sharon, Natural consequences? I should let my kids run onto the road and learn the natural result of that lesson? Steal and let my kids learn the natural consequences? Of course I will let my kid freeze if they don't take a jumper that I told them to get. This would not...

OK. I believe that smacking a child is a valid and viable means of discipline. I received smacks for bad behaviour. I am not emotionally scarred.

I guess using your analogy, no one should be diciplined at all because no one can know the effect it will have on us. I mean even putting a kid in the corner may be perceived as rejection, non acceptance, love withdrawn. Society can not survive on the individuals perception. Nor can a...

If administered properly you should of perceived it as you did the wrong thing this was the punishment, don't do it again. We're not talking about child abuse here. No scars, broken bones, permanant physical injury. The key words here are administered properly.