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  1. marc1

    To sell or not to sell

    Ok ok...no don't need a kidney, tenant is a jem, have no problem with the bank, I'll make so little money if I sell that I couldn't upgrade my boat with the proceedings. I just think that if prices go down (again) as they did a few years ago, I will (again) kick myslef for not selling when the...
  2. marc1

    To sell or not to sell

    Hi there! Haven't been here for a while and would like to pick your brain on the topic of, "to sell or not to sell." This is the situation. I have two investment properties in Sydney, one in the Campbelltown area and the other in the Liverpool area. My own property close to paid off from...
  3. marc1

    Hung up on Mt Isa

    My own experience in Mt Isa having held 6 units for the last 3 years is as follows: Enjoyed fantastic capital gain, and some modest positive cash flow. However. I found that tradesman are expensive to the tune of 4 to 6 times what you would pay anywhere else. Forget renovations, building...
  4. marc1

    Moving to Canberra

    Lease? What happens after 99 years?
  5. marc1

    Moving to Canberra

    Oops I missed that bit. Ok that is a hypothetical of course. I would be transferring to one of the government departments be it Centrelink, ATO, DEST, Defence. My wife is a GP so will be looking for a partnership in a local medical centre or family practice. One girl in year 8, another aged...
  6. marc1

    Moving to Canberra

    Thank you guys, and yes, I have still kids in school. One thing that no website nor RE agent will be able to comunicate is the knowledge of which one are the "good" suburbs and wich one to be avoided. When I first arrived Sydney in 1988, I had a mental map of my City of origin with the...
  7. marc1

    Moving to Canberra

    This may be an unusual question, however I trust many would be able to answer. I am considering moving to Canberra, and this includes of course sell my home in Sydney and buy over there. When I am interested in discussing the RE aspect of the move, I would also welcome other's opinions and...
  8. marc1

    Budget 05 - End of negative gearing

    I agree wholeheartedly of course, yet mine was an answer to a stock statement. Whoever is dissatisfied with his condition has already given the first step towards change. The problem arises when people are content and propose to remain where they are and for the rest to give a step back...
  9. marc1

    Budget 05 - End of negative gearing

    You are. This budget is the first in many that addresses the injustice of low tax brackets. In fact I advocate an absolute flat tax rate with no threshold whatsoever, where we all pay the same rate of tax. The flatter the tax rate the more the disincentives for earning more are removed. So...
  10. marc1

    NSW Land Tax backflip, Vendor Tax stays

    Count me on for that one, I am sick of Mr Carstro from New South Cuba. I am considering voting twice this time, three times if I can. :cool:
  11. marc1

    Renew lease on Commercial Property - 20% increase

    Hi Quoll, do you want to share what type of business you purchased?
  12. marc1

    Mobile Mortgage Broker

    Can anyone recomend a mortgage broker in Sydney that is "mobile". Thank you in advance Marc
  13. marc1

    Not clear on way forward

    Thank you and I agree, in fact I fired that accountant. However he did saw the seed of mistrust in me, regarding those $1000 trust @ company deals you can purchase from Queensland and from the ACT even over the net. Can the trust deed be changed afterwards to tune it up to changing needs?
  14. marc1

    Power grids and substations.

    Thommo,when I find you explanations interesting, they seem (even when perhaps not intended), to imply that the risks from living under/near power lines, substations, phone towers and the likes, are not there. That is precisely the technical smokescreen used by governments and power and phone...
  15. marc1

    Painting - cutting in properly.

    Agreed. The reason so many people get frustrated with brushes and think they do not have a steady hand is because they try to use cheap brushes. I couldn't cut paint with a cheap brush even if I really tried. You must get yourself a good expensive brush for cutting. Expect to pay $30 to $50...
  16. marc1

    Power grids and substations.

    Electro magnetic fields and electro magnetic radiation is just one of the myriad of health hazard we subject ourselves by conforming to current day living. In the EMF debate, power companies and governments defend themselves by measuring EMF with meters, and comparing it with toasters. That is...
  17. marc1

    Not clear on way forward

    I spoke to my accountant about setting up a hybrid trust with a company as trustee, and he asked in the order of $3000. When I mentioned that I can purchase such structure from specialised accountants for $1000 all up he said he wouldn't do my tax returns on a trust purchased from the shelf...
  18. marc1

    A nation of empty playgrounds

    Poison Hum... the Copper-Chrome-Arsenic debate You should rather rephrase the above and change kids for carpenters. When the risk is real for the carpenter that uses a power saw or power planer on the timber, the chance of a kid ingesting even negligible traces of CCA from playing in a park...
  19. marc1

    A nation of empty playgrounds

    Making a prediction for 2050 is a bit ... hum...overstretching it don't you think? If then one finishes his article with "Australia will remain the lucky country then the author lost me entirely. We don't live in isolation and the number of migrants and refugees that come to the bigger cities...
  20. marc1

    Cleaning oil-based paint - arrghhh.

    I must agree with the late posts, to suggest to buy cheap rollers and throw them away seems ok but only if you want cheap results. Good roller sleeves cost $30 and those plastic tray are just garbage. One that you can relay on not to spill, twist, buckle and contain more than 1/2 litre of paint...
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