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  1. R

    great deal-long lease..potential troubles??trustworthy?

    Thankx Dazzling...could you please explain more about "Try throwing your ressy hat off and analyse the deal with a different set of criteria. Your house and unit knowledge doesn't always work in this different environment." I'd like to learn from my mistakes here... also you said Dirt is...
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    great deal-long lease..potential troubles??trustworthy?

    Thanks everyone, ...here's the numbers purchase price 470k 3 year lease 800p/w it doesn't look terrible from the outside it looks like a nice big house. Iand price alone 325k 5.5km from CBD It's not a motel or anything just a nice big house fit to share. (tenents at present 30/40ish...
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    great deal-long lease..potential troubles??trustworthy?

    Thanks for replying arriety and skater, Yes,I am doing thread searches as we type on best insurance,public/private liability ...thanks skater,I have thought 'Is the great income return' somehow figured into the purchase price... Obviously looking around the area ,and if the price seems too...
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    great deal-long lease..potential troubles??trustworthy?

    Hi, I am in the process of buying a multi-(5~10) bedroom IP,that owner wants to lease back....(and rent out rooms-semi boarding house?) everything is in writing: $*00p/w guaranteed (as in it's up to him fill the rooms)*12% 3 year lease agreement (I understand I forgo the opportunity to...
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    The latest project

    Skater.., Great job!! Have you sold this place yet??If you don't mind more Q's from beginners.. Do you have a time limit to sell by..ie holding costs or loan interest is adding up so you have to consider either putting in tenant or dropping the price? Thanks Ruth
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    Amazing Quotations

    Hi everyone.., One of my favorite reads 'A life by design' about Florence Broadhurst (a true story about a woman from rural QLD and her adventures around the world in the 1920's to 70's....) What she wrote at 15 was so amazing!!!Please excuse the lengh of this post...but I...
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    Sub Contracting through a Company

    domcc1, The other company that takes care of all the invoicing, insurances, super, etc. .....is that only for IT contracting ?or are there similar companys that do the same thing(handle the grusome paperwork)for other contractors/freelance people?? Thanks
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    Making a Plan in Japan

    Hello fellow tokyo-ittes! I've been in Tokyo over 12 years,too...I have 2IPs at the moment (had 3 but just sold 1 and looking to purchase a biggie in the next 12 mo. )Boy,Have I had some ups and downs....but totally worth it! ;) I thought the tokyo NAB only...
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    GST for non-resident property owners

    Thanks Harpic, Why hasn't my accountant contacted me with this info??Thankyou soooooo much for posting this...I have to pay out CGT on a sale this year that,being my first,I didn't max all deductions I could have....This will help sooth the sting ;-) Ruth
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    Offsetting CGT on purchase of business

    I'm just a beginner and have just learnt the hard way (selling a townhouse recently and my accountant not getting me all the deductions I could ,my mistake in not checking everything myself!!!!) Anyway a little off topic but as I just learnt this ,this week:unfortunately we cannot here in Oz...
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    No Interest Loans

    Hi.., Does anyone else remember the 'starr and Bowkett' No interest loans where you signed up and through a lottery style system you would either be lucky and be able to start your loan straight away or keep having to pay back the nil\interest loan until your number came out ..??
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    PI Crashes..

    Hi..,Anyone kno the cost of Steve's 2 programs??
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