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Hi folks, I have a commercial office lease which is coming up for 'Option for Renew' on the 28th August. The tenants wish to renew for a further 5 years, which is fine by me. However,the annual rent review date has been 1st March each year. So... when I renew the lease in August...

Keep your chin up! 10 properties and so much unnessesary CRAP (UC), later we are pretty happy with ourselves! Hang in there, it is worth it.

My husband likes to be part of the decision process initially however, he's happy to leave all the paperwork, crunching the numbers etc to me. He trusts me implicitly, which is wonderful but its a huge responsibility which I worry about stuffing up. The details bore him and when his eyes...

IMHO a 'Rent review' would suggest that the rent could change either up or down at a future date as you indicated i.e 6 Months. Why would you just review it and take no action(unless no change was required at the time of reviewal)

If you know the actual street address you can do an online title search(www.lands.nsw.gov.au), for NSW properties that is. For W.A its www.dli.wa.gov.au but I'm not sure if they have the online facility. Although you will be required to pay a small fee via credit card. This search will yield...

Let me see....... Rusty old cars parked in front yards up on 'blocks', (no tyres); surrounded by two foot high kikuyu grass. Old lounges out on front verandahs that should have gone to the tip two years previously. Otto bins(without lids) lying on their side in front garden...

I haven't had a BANANA since LARRY:eek: ! Silene101

Made 2 phone calls to 2 banks this arvo. Not expecting any joy but 10 minutes later, and some fast talking....saved meself $2130! Suggested that I was aware of better rates out there but would prefer to stay with current bank. Said I was nervous about the imminent rba hike next week but...

I agree with Michael in that you definately have to understand the 'Why' before you learn the 'How'. You have to establish a strong belief in why you need to do anything at all! Therefore, develop the mindset first(and thats the great thing, you can develop it, you don't need to be born with...

Humour! Kids respond well to this.. Have a laugh with them first(this relaxes them and puts them 'off guard', then they'll open up more readily. I've raised all my children on a strict diet of 'Humour'! Silene101

Frankgrimes you say that Rich Dad Poor Dad got a bit repetitive, I agree although I also thinks repitition is a good way to learn sometimes. Drums the message in firmly! Ultimately I hope my son will develop a 'thirst' for as much knowledge as he can get and read all of these books...

Thanks for all your replies! So many, so soon! Yes I was actually thinking Rich Dad Poor Dad too. I think thats the one I'll go with. I'll just leave it inadvertently lying around in the next few days! My daughter recently bought her first I.P at 19 years of age, she's got the right...

Hi all! My 18 year old son is starting to ask all the right questions about investing. After years of subtle conversations alluding to the importance of saving and investing he is finally becoming 'interested'. After keeping me up till 11pm last night bombarding me with questions I...

I think fix it for three is pretty good. If you go for five, than have second thoughts after a couple of years you may not like the 'break costs' the bank will impose for their 'ecomomic loss'! Silene101

hi, Recently received the insurance renewal for a rental property where interestingly the 'Interested party' was St. George bank. All well and good except I've never had a loan with that bank! They could'nt effectively explain how the banks name found its way onto my policy! Computer glitch...

Sorry to hear of your plight! Remember, it doesn't matter what bank or 'which bank'.....all you are to them is a NUMBER, an account NUMBER! They don't know you, they really don't want to know you, but they DO want your money! SILENE101 (I LOVE BANK-BASHING!)

Definately for the person that has everything!! (or for those 'hard-to-buy-for-rellies') Silene101

I guess if I were to move my entire portfolio to a single bank they have to offer me something extraordinary. The bottom line is 'interest rate' and thats about the only thing they don't mention! If it's standard variable well forget it, I'd want to be able to negotiate. Yes and paying...

Hi All! Was wondering if anyone has heard about a Macquarie bank product called MacquarieOne. If so, could they let me know their opinions on it? Silene101

Exactly! I was just having a whinge to my son yesterday in fact about banking hours. Internet banking is great but you still can't bank a cheque or deposit cash. Why can't banks be 9 to 5 like everybody else??? Silene101