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  1. M

    CGT - Working out my capital gain

    I'm trying to get a rough idea on how to work out the capital gain on an investment property I've sold. I understand the selling price is the price I sold it for less agent commission etc. But it's the price I bought the property for that's confusing me a little. So I bought the property for...
  2. M

    Termite Problem found by purchaser!

    I thought I would bump this up and say that I have resolved the problem. Brisbane City Council had a "termite certificate" which satisfied the buyer. Council obviously keep a record of their inspection at the time of the slab going down. Just like kinga said! It was one of those Kordon barriers...
  3. M

    Termite Problem found by purchaser!

    I am selling a 2 year old townhouse (1 in a block of 5) which I have signed contracts on. I have hit a hurdle with the pest inspection conducted by the purchaser. The pest inspector has not found any indication of a termite barrier that should have been installed by the builder. From what I...
  4. M

    Buyers Advocates.... Peoples Opinions?

    Yes. I engaged a BA. After several weeks of no recommendations, I suggested a property to the BA I had been watching on RE.com for those several weeks. I asked him to check it out. He said "perfect property" (it's not, by a long shot) Duffus me decided to buy. BA didn't negotiate 1 cent off the...
  5. M

    Warning; Investors Club

    Take it easy! I never made a link between you guys helping the $1.6m man, and it being ok to mislead people. So was your advise to your relatives to hold onto their TIC property because it will work out ok given time, or to go and see a solicitor and sue them because they were mislead and...
  6. M

    Warning; Investors Club

    Why all the angst? I have just read through the thread about the guy who wants to get out of a contract for a house he has purchased for $1.6m. There were some fantastic responses and support from forum members. These responses are from some of the same forum members on this thread putting down...
  7. M

    Flood Damage

    I was unfortunate to have an IP affected with the storm damage at The Gap last week. It suffered some flood damage..about 1 foot of water through the house. It's insured, and will get fixed. There is a bit of mess around the house, but no structural damage that we can see as yet. I guess I am...
  8. M

    House prices 'could tumble 25%' - UK

    I have some shares in a company called Telstra. They have a bit of competition in their market, but since I bought them they have always made a profit. Something like $4 b for billion a year. They are a SOLID, BIG, well respected and well run company. I bought the shares for $7.40 each, but I'm...
  9. M

    Ozinvest

    Ahh...I got the lectures! Anyway guys, thanks for your thoughts. They are really appreciated. But obviously no-one has had any dealings with this mob, other than one person who has emailed me. I am not a newbie at investing. I have one IP already in Bribane which was bought through...
  10. M

    Ozinvest

    This company are advertising quite heavily on Sydney radio, and I have arranged a meeting in a few days. They seem to concentrate on houses only, in mainly Brisbane and Melbourne. but not close to the CBD. They also have a 5 yr lease back arrangement. They provide (or you can do it yourself) an...
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