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Adding to the issue of good ol' fashioned "supply and demand" is how easy it would be the build more next door. My general view is car parks represent poor return and high risk. Sure they are cheap but as we all know, cheap doesn't equal good! Building a high rise car park in the CBD would...

Hi TSwizzle. We have a commercial loan with the Commonwealth and simply put the $$$ left over from the positive gearing each month into the loan account which offsets the total loan balance thus reducing the interest. I don't see any reason why you couldn't do this with your equity however it...

Great work John and Aaron. I always love hearing stories about adverse conditions being turned into a favorable outcome... All the best B.D

Just registered James Always interesting to get a different view on CIP. cheers B.D

Wylie, I've found the biggest complaint with dishes not drying is usually due to the absence of rinse aid. Most people who've had dishwashers for years are used to the older brands which either had hot water plumbed in or "super heated" the water leaving the dishes hot enough to dry. Newer...

But Y can't I be paid more than my boss who has more experience than me? But Y can't I have that "insert latest life changing gadget here" on credit? But Y can't I live at home, mooch off the parents and park my Audi in dad's spot each night? Buy Y can't I come in an midday after a night out...

Your answer will depend on what you intend on doing with the property. If you intend on selling and are just going for the name, then all three will suffice. If however you are planning on keeping them to rent, then that’s an entirely different answer. I've just gone through the process...

Yes you're right, car hunting should be easy but when you're purchasing second hand 5+ year old vehicles on a limited budget, it pays to invest a little time as you could just be buying someone elses problems. The Viva is actually a Deawoo (GM own Deawoo and outsource a lot of their prodution...

Wobbly, the main issue with RACV (as I found out recently) is there wasn't enough money in vehicle inspections anymore and so they closed down most of their inspection centres. I think they only have two now (North Melb and I can't recall the other). If you've got a sec, just call state roads...

Wobbly, I worked at a car dealer for a few years (flame suit one) and happy to share my experience. There are several different types of warranty here in VIC 1. Statutory warranty. This has to be legally offered by any car dealer selling a vehicle: A licensed motor car trader must...

Although I've never dealt with one for CIP, I would expect they are well versed on this part (the lease) of the process as it forms an integrate component of the deal. You may find however that they may not typically deal in the lower end you are looking. I know $3M doesn’t exactly sound lower...

Hi Zedlum and welcome to the forums. You certainly raise some interesting and broad questions so I won’t prattle on too much. If you’ve got some time on your hands, the first thing I would suggest before you do anything else is get a copy of the following books. There isn’t much...

. . I'm not quite getting your message Aaron.. :) :) :) . . .

I think you already know the answer Will As discussed HERE I would cut them loose (parting amicably) and start looking for another tenant or... put it on the market as tenanted, cut your losses, move on and let someone else deal with them as clearly it's not letting you sleep at night. A...

Congratulations and all the best..

Wow. It seems I like to run with the crowd and can actually admit to several already mentioned here. Maquarie Fusion fund Great Southern (trees) And family.. The last was probably the hardest for two reasons. Not only did I lose over $50,000 in making house repayments for my...

Amen to that Peter...

Good post RV. I've long held my suspicions about valuations and influence so its good to hear an alternative logical argument. Regarding your point about period homes, I live in an area in Melbourne littered with "period charm" with Californian bungalow's being the popular choice. I've...

:rolleyes: But it is Dave......it really is...:rolleyes:

I suspect Aaron what the valuers are stating here is that at the end of the day, a property is only worth what one person is prepared to pay. EG: Buyer get so emotionally attached to a property they will literally pay "anything" for it and as a valuer, how are they supposed to guess that final...