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Being an expat I've always had to balance minimizing my Japanese tax with keeping enough income visible to satisfy Oz lenders. This has generally not pleased my wife who'd prefer we kept every yen hidden under the bed or in ficticious persons' bank accounts ... a famously popular system over...

It has always been my belief that one of the negatives of having your IP cross coll'd would be the need to refinance all in the event of selling one. Today a loans officer for a big 4 told me he thought the bank would simply require part pay't to replace the sold IP from the total crossed. Is...

I'm currently waiting on a Melb council response to my objection to the latest rates valuation of 3 T/H. In my objection I also requested some refund of $5,000 as past over-charged and paid rates for last 4 years ... yes I should've paid more attention and challenged long ago. The latest vals...

I had been thinking of setting up a new trust for future IP purchases, since some time ago there was discussion on the extra protection of having multiple cells, trusts or whatever. However recently I'm feeling since the beneficiaries, Co. trustee directors and shareholders would be the same...

Just wondering if there is a get-toether around Xmas this year ?

I personally have always wondered why we are so obsessed with interest rates. On the forum there are continually threads being started about : Will rates rise next month ? Poll your view on likelihood or rate rise. How much higher will rates go ? ... etc, etc. Of course it's an expense, but it's...

Well it's even being considered in Japan now ... reverse mortgages. For those retiring who are asset rich, home, but little cashflow, income. The news said that the gov't was considering it for the next year's tax reform. Presumably it will be to allow banks and finance Co to actually do...

G'day all, In discussing potential rent increases and leases for next year my agent told me of system in place to prevent unfair increases. I never knew that their was someone who would come out, inspect the property and compare it to others in the area. Apparently www.consumer.vic.gov.au is...

G'day guys, I met a fellow Aussie in kobe a few weeks ago who's interested in buying land / house in Noosa, Qld. Where can he get past price trend data, like that for Vic supplied by REIV at http://www.aussiehome.com/trendCharts/reiv/" or for WA & Vic by Aussie Home at...

Honestly I feel so silly not realising that I needed to insure the common areas of our recently completed 3 town house site in Melbourne. I organised landlord ins quick smart then sat back and thought I was done. The site IS sub-divided with the driveway shown as a seperate area ... plus 3 sets...

Firstly I am NOT saying that a depression is coming. As most people I have no idea of the chances. Recently there has been talk of a major recession or even depression coming within the next 10 years. The scenario is booming times for a while more then the bottom falls out. A current thread...

G'day all, Well at this time of year many are setting new goals as I am too. Though we shouldn't forget where we are now and not lose focus on why we are doing what we are. This new year break I couldn't get the message below out of my head, so I printed and posted it at home and thought...

I got some wonderful news today. My 3 T/H development in Essendon, Melb is scheduled for completion on 20th Jan. We started advertising before Xmas, at bad time to start, but I increased the agents reconmended rent for all 3. No.3 went quickly but the tenants, with glorious rep, pushed us...

Only 5 days to Xmas but our family has a seperate countdown ... no not our development which has been delayed by a month. It's our 3rd child ... he's due on 23rd ... but seems to be in no great hurry to enter the world. Can't say I blame him ... it's bloody cold here recently, max 5 C. As with...

We inherited a share of a 2nd mortgage on a Sydney property. The 1st mortgagee had called in the loan and had the property up for auction. It was postponed for 3 weeks but now the owner has found a "benefactor" to take over the 1st mortgage, this will be achieved or "assigned" via a Novation...

There have been several threads on Insurance, LL ins and brokers, people have in some cases shared their good or otherwise experiences. The LL insurance field is quite competitive recently so I thought it might be interesting to see just who we all use. I suspect that in the past CGU and...

G'day all, This could be a significant post for us ... we've been informed of a rumour that a big earthquake is going to hit our area tonight. We're in Japan, south of Osaka. There's been no official notice so I'm a bit sceptical ... nonetheless I think we'll be doing some precationary...

I have a question about family trusts and government benefits, based on something I've indirectly heard. My sis back in Oz recently attended a seminar about estate planning for loved ones who have needed government financial help and would like to not lose any benefits as a result of...

Before anyone jumps in ... I'm talking about in the garden not the bedroom. For the garden irrigation of my not yet completed, but moving along nicely, development in Essendon, Melb. I've been recommended to use sprayers on a manual wind-up timer. I'd thought that drippers on a continuous...

G'day all, I'm doing some T/H in Essendon, Melb which have small yards ... of course. I thought that "no lawn" would be a plus for tenants since they'd not need to mow, water etc. If done nicely these can be quite special which would assist getting the better tenant and our target rent ...