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It does make it all difficult. Margaret Lomas' teachings are very helpful and her advice comes cheap. She has several books but you should start at reading "Making your money last as long as you do". Go from there and educate yourself rather than get someone misguiding you. I would hate to...

Alternatively if you can work a spreadsheet make your own calc by using the rules at the botoom of the tables... Pump in a given gross amount and spit out the tax withheld or Net amount or both. You could use three calcs for the three scenarios or factor in the "IF" function for an all...

http://www.ato.gov.au/businesses/content.asp?doc=/content/33283.htm&mnu=42694&mfp=001/003 Do tables sound any good to you Cheers

That'd be "Paradise City" but you got the lyric right... Cheers YAWN,scratch,burp

It seems as though your IP is costing you less than 35/week after tax. Unless this shortfall is too much then yes it does seem to be not worth the paperwork. However A bird in the hand...

Please excuse my ignorance Rixter ?PM :( PS. Me thinks you call me Mike coz I was thankin mikew earlier for his comments.. Cheers Jack

Ultimately I want to live in a home unencumbered by a mortgage and retain an income sufficient to pay for basic consumption (not yachts, cars, holidays etc..). I picture myself in 25 years running my own permaculture garden to reduce living costs and somehow developing a model for the lower...

Well....hmmm no I am not sure now. But certainly need some guidance/mentorship when it comes to a fluctuating climate. If I have to read another book on property I will explode. I guess I need a balance between good advice and a decision making tool of my own based purely on the math. This...

Hello Can anyone tell me from experience of a reputable financial planner in Perth. Preferably specialising in property but well rounded in other classes as well Cheers:confused:

Compare that property to my IP in Paralowie, 3x1, 300something sqm block, bank valued at ~245K and getting rent 240pw. This house is ~5years old. I went through Salisbury a couple of years ago when looking for this one and was impressed. I would say that your bid would need to be at the top...

Cheers all Does anyone know of a good reference that delves into the buying matters a little further. I would imagine a previous posting exists out ther somewhere.

Thanks for replies so far. I think I need to clarify my issue. In the very small amount of spare time I have to view "home opens" I would like to increase my chances of snaring a better deal by placing many offers down in a weekend. The offers will be discounted to the asking price and...

Thanks Honesty is the best policy

Can someone enlighten me. I would like to put offers down on a couple of properties without actually buying all of them ( i wish). I have a weekend to strut between properties and havent got the time for vendors to make their minds up whilst other deals await... If I place an offer on a...

Thankyou for all comments. This forum is the best. You have all helped very much.

It would be ideal if you were able to hold your Perth property and have enough equity to invest over East. That would be ideal and a situation that could happen in time. I guess I am too apprehensive and anxious to get into another market where the prices wont last. Hmmmm exercise Patience...

redsquash you raise a very important issue and one that can hurt. Emotion has no place for the decision I must make so thanks you have been helpful. If It is a no brainer but only if i had an even choice between two markets. I already own this property and I am considering selling it which...

Thanks Ausprop. I really am breaking my own rules if i sell. I will add that I am not going to be living there at all. I am moving on for now, the thought of living there without those for whom it was intended is eerie. Yes you are right there are bulls and bears and there are intrinsic...

I have a decision to make. Consider my circumstance. As part of divorce settlement my partner and I have decided to transfer the title of our PPOR into my name in exchange for a cash settlement to her. From here I have two options: 1 Keep the PPOR and rent it out 2 Sell it and take what profit...

Well I recently have had to consider a PPOR in Perth or renting and I know what I would be doing. It is far cheaper to rent and there isnt any growth to offset the con of having to pay rent. We serve one of two masters: landlord or bank. Rents will have to go up if everyone owned a...