Recent content by watto

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    End of an Era

    Sad Sad Day In History.... I feel like ive just lost a family member... a whole family in fact... im gobsmacked... I haven't posted much for awhile but i still check in from time to time to see whos about!!! I used to love the late night chats in the chatroom... Ive never met the Somers...
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    My PPOR Renovations

    Bloody hell wanna hope you dont get any stiff breezes!!!!:) cheers watto
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    Buying a boarding house

    Taking vacant possession sounds good but will really hurt the hip pocket especially if it has a bad reputation??? Personally i would take it on as is and work out whos who in the zoo get rid of the deadwood as it surfaces!!! These types of clientele if treated with a little bit of respect and...
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    Buying a boarding house

    I own and operate a boarding house in Tasmania and deal with the lower socioeconomic clientele!!! We have a strict NO DRUGS or ALCOHOL to be used consumed or kept on the premises a breach results in immediate eviction and a black ban on returning ever!!! Each room has a basic list of House...
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    Going Commercial

    Good Luck GeoffW!!!
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    Going Commercial

    Looks like no one is game to ask??? How did you go with this one GeoffW?? Shaping up to be a scary intro in CIP's!!! Have you spoken to the tenant directly to find out what the problem is? Maybe re negotiate the lease terms with them!! Cheers watto
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    Melton, West Melton, Brookfield........????

    Quite a few estates around the area that have been fully developed but not sold so lots of empty titled blocks costing someone a motsa...
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    Comment by 'watto' in media 'Niche in shower area before grouting'

    I have never understood why ppl put the cut tile in the corner which to me is a focal point???
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    Looking For A Way Foward???

    No unfortunately the EX scored that!!!
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    Looking For A Way Foward???

    I've asked a couple of times for a better product... but they keep telling me cos the nature of it they cant move it to anything else??? Then they seem to find a new Acct Manager and shuffle me along... So time to shake the tree and see...
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    Looking For A Way Foward???

    It is a good little earner... It was the only thing NAB offered me way back in 2007 and i have been a touch busy/lazy to refinance it...
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    Looking For A Way Foward???

    The property is located in Youngtown in Launceston.. we mainly cater for emergency accoms... it is a 16 room boarding style house on approx 1850 sqm consisting of 2 separate buildings the newer front building has 10 rooms with communal kitchen dining lounge laundry and 2 male showers 2...
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    Looking For A Way Foward???

    Loan is $390K interest only at Market Rate which is currently 8.740% 8.740 07/2013 8.760 06/2013 9.082 03/2012 8.978 01/2012 8.920 12/2011 9.350 07/2011 8.773 09/2010 6.950 08/2009 9.608 10/2008 11.003 09/2008 10.820 08/2008
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    Looking For A Way Foward???

    This one is for the Brokers amongst us... I currently have a NAB 30 Day Market Rate Facility that has been in place since mid 2007... NAB keep telling me that this is the best/only option for my situation?? I would love some input as to better options available... LVR on original...
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    Chat Room

    here is an old link to an add for it... http://www.commercialrealestate.com.au/property/2009893505/for-sale/tas/ravenswood/hotel-leisure The Irish Git was trying to sell it for a couple of years but couldnt..
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