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    Filthy Tenants absconded on the weekend

    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
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    Possible to constantly accumulate properties?

    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...
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    New deal for the naysayers.... Chester Hill Sydney

    Ok guys how much did it sell for,We are all hanging waiting for the conclusion to this deal in this top suburb!
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    pest inspection - what to do next? buy or not.

    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.
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    Shared Equity Scheme is here

    Who pays for upkeep of the property and out goings, rates etc? Is it shared 80 - 20 ? I doubt it!
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    Faster investing- Interest only for your first home?

    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? .
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    Accountant Costs

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

    That data to 2004 is a tad out of date:( .
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    New CGT tax benefit for business owners?

    depreciator , I hope you meant FROM May 10 not after May 10. (As I signed a contract on the 10th.) .
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    New CGT tax benefit for business owners?

    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? .
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    Submitting Offers

    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...
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    New or Old?

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

    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...
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    Advice...Please!

    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.
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    Looking for a Lo Doc Loan at 90% LVR.

    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
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    Equity is running low. Any ideas if we can still borrow more?

    To get the caveat removed you repay at settlement the money you borrowed when they placed the caveat there in the first place, same as a mortgage.
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    Sommersoft history

    Its not working again been like that for a couple of weeks Sim can you fix it again please. :)
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    Wait for auction or make early offer?

    I would wait for Auction Day but first I would let the Real estate agent know that you will be turning up with the intention to bid. This is so he wont sell to the first offer before you get a crack at it
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    Best credit card for Overseas transactions (lowest currency conversion fee)

    St George foreign currency conversion fee 2.5% from april fools day 2005.
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    Baycorp Credit History - Overdue Account

    Did Optus send you a bill at any time for this amount? If not you can have it removed from your files. It will be hard for you to prove they did not send it. Most Banks and insurers disregard PAID telco bills of this amount any way.
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