Recent content by Smile

How do you find them if they dont leave a forwarding address?:confused: Its to much trouble for the PManager to chase, even though they let the place get filthy. Maybe its time to find another PM before it happens again.:D

Tess, Have a go get your first ip and you will know when you can get your second and third. It is possible if you value add to each property you purchase in a non rising market. Stop dreaming get out there and try it. Set up your finance investment structure with your first...

Ok guys how much did it sell for,We are all hanging waiting for the conclusion to this deal in this top suburb!

Hi So is there a way I can find out the true damage in the walls with some type of machine? OR should I just ask for a $5000 reduction? What have you got to lose put in the lower offer due to termite damage! If they refuse you can always pay the agreed price if you really want it.

Who pays for upkeep of the property and out goings, rates etc? Is it shared 80 - 20 ? I doubt it!

Hi Rolf If this loan was an all IP loan only would investing this 20k be ok straight from the offset account (Am I paying with cash ?) or should it be put back into the loan, then imediately redrawn to the offset account again which has the chq book? .

Im curious, how many hours would it take for an accountant to do a return like the one willy has prepared? .

That data to 2004 is a tad out of date:( .

depreciator , I hope you meant FROM May 10 not after May 10. (As I signed a contract on the 10th.) .

A lift in the diminishing value rate for depreciating assets from 150 per cent to 200 per cent. Does this mean the depreciating assets in a new IP bought from today will have a changed depreciating schedule? .

Dags try something like this; OFFER TO PURCHASE. YOUR NAME ADDRESS Ph I am offering $_____________ for the property known as; This offer subject to; 1 Satisfactory final inspections, including building and...

Does this mean I can get the best of both worlds by buying newish in a well established older suburb?

Most lenders calculate interest daily on the loan balance and bill you monthly at the end of your monthly cycle. Rams does it differently and will bill you if you make a repayment, say by paying fortnightly. This means that it is adding the interest charges on (capitalising interest) to...

If you are going to rent it stop paying the principle of now and put it in an off set account instead, saved for a rainy day.

Ajax Deferred Establishment Fees ; Its just another name for early exit fee of your loan. It is a one off fee based on the loan amount, at termination or establishment depending on the lenders policy