Recent content by WendyP61

Carrara continued ... Thanks for your input too Bundy (and anyone else I've forgotten to thank). We are OK with not so phenomenal capital growth, looking long term say 10 years+. Well, this is the theory anyway. I take your point about Coolangatta also. It's been around 5 years since I...

Re: Clean Sweep OK, you've got me interested - even though there were an awful lot of ticks under the "No" column on my first quick run through the list! Free stuff is good!

As a tag-on to earlier message ... Body corporate fees, I don't have the paperwork handy but off the top of my head I have a figure of $35 p.w. in mind. That seemed on the high side, but then there's an on-site manager/maintenance person with a reputation for being a Pit Bull when it comes...

This is a bit like putting the cart before the horse, because we've already put in an offer on a townhouse in Carrara. We went with this location mainly for price. As new "investors" we couldn't quite bring ourselves to borrow $250-300K for something in Sydney! Also, both the rail line to...

Fibro pros and cons If you use a good quality paint to start with, upkeep on a fibro house isn't too labour intensive - a good wash down every now and again. Usually more work on keeping any timber trim up to scratch. We had our place clad a few years back, now we wish we hadn't -locked...

What came first, the reactor or suburbia? A: The reactor. Actually, I don't think we are staring a Three Mile Island/mushroom cloud scenario in the face here - although I'd be concerned about radiation getting into the water table etc. Considering Lucas Heights was the boonies when the...

Try "Rat" for a laugh. You might have to look around for this one, it's just called "Rat". Pete Postlethwaite is the lead actor, I can't remember all the other names. Anyway, he turns into a rat. I won't spoil the rest ... but he still likes a glass of beer!

Aaaarrggghhh ... I am the weakest link!!! The subject line says it all!

Buy my husband a boat! Yes, all he wants is a lousy boat. But for comfort (mine, he assures me), something around 60' would be OK. Of course, we'd need somewhere to park the boat, a house to live in when we are not sailing the boat ('cause the cats won't like the boat) and enough money to...

Thanks Jeff Jeff - Everyone I know seems to have jumped on the negative gearing bandwagon, so it was a refreshing to be reminded about capital growth and passive income streams. The one thing that I'd like to see mentioned more often in some of our forums are margin calls (or more...

Outside NSW? Good on you "young fella"! My husband and I are finally getting around to dipping our toes into the investment property market - years later than we should have, but that's always the case with 20-20 hindsight, isn't it!? We are a bit hesitant about sinking $300K in one hit...

Animal antics My parents faced the "no pets" issue last year. They had to rent for a few months while their new house was being built in an outlying regional area of Victoria. We think the fact that they were first time renters after 40 odd years as owner/occupiers may have turned things in...