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    Very interesting article

    http://www.rethinkingschools.org/archive/21_02/lego212.shtml I found this article very interesting. At the start the children very much mimicked the real world. Some were showing innovation and entrepreneurialism which could have lead to extremely successful futures. In the end they are...
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    Auctions? good bad...

    What is the general feeling towards auctions? I'm hunting for my first purchas at the moment and I'm a bit tentative about going for an auction. It's not the actual bidding that I'm concerned about though. My questions are. 1. I will have to go to 95% LVR. I would need some time to...
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    Making an offer

    Hello, Yesterday I made a verbal offer on a property. It's been almost 24 hours since. How long should it normally take for the REA to get back to me with the vendors responce? Cheers.
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    Old property

    A property I am looking at was built around 1920 or so. My understanding is that depreciation on a property will only last for 40 years. Is this correct? Therefore it cannot be claimed for such an old property. There have been some extentions made to the property. If these extentions are less...
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    Settlement Conditions

    What is the best way to word "On condition of finance and pest/building report" when signing a contract? Thanks
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    FHOG Confirmation

    Hi all, I just got a responce back from the government's FHOG support. My Question And the reply
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    Negetive gearing

    My understanding with negetive gearing is that if you put more money into an investment then you get out then you can claim the expenses as a deduction on your tax return and the ATO ows you money. If you have a property that is generating +cf you can still claim the expenses correct? However...
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    Question regarding FHOG

    Hello, If you purchas an IP as your first property and then later purchas a PPOR do you still qualify for the FHOG on the PPOR, or do give up any eligability for the FHOG by buying an IP first? Cheers, Colin
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    Working out finance for first IP

    Hi all, I am looking to buy my first IP in the near future. I am currently looking at my finance options. I've been in contact with a broker and they have been doing some research for me. I am looking at getting an IO loan with an offset account. My broker has told me that the lenders she...
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    New to it all.

    I'm very new to all this. I know I want to get into the game with the buy and hold method. I am currently in the research and learning phase. I have a couple of questions I have a car loan. Big mistake and lesson, but what's done is done. I have 21k left on that loan and 25k in savings...
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