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  1. 7DD4

    Finance Structure

    Hi guys About to have a chat with my accountant about my finance structure, and wanted to share with Somersoft my ideas which I hope might help others. The first diagram explains my current structure. All the rents get placed into an offset account which is linked with my PPOR, then when...
  2. 7DD4

    The Time u Have

    https://www.youtube.com/watch?v=BOksW_NabEk
  3. 7DD4

    API magazine market watch statistics

    Were can i find a digital copy of the info to put into a spreadsheet ?
  4. 7DD4

    Drive options/color ??

    New drive way needed. What to do once I have painted the wall ??? 1) Pull up drive and grey liquid limestone by the front door and put down brick pavers, with a grass area and path up to the front door. 2) Only pull up drive way and put pavers down, and paint liquid limestone ? 3) What...
  5. 7DD4

    Pricing guides for tradespeople link

    https://www.servicecentral.com.au/article/pricing-guides-for-tradespeople/1825/
  6. 7DD4

    4 Rentals & 1 PPOR now im stuck

    Hi all I have attached a spreadsheet of my portfolio to hopefully make things easy to follow. Been looking over my portfolio for a while and am stuck on ideas to move forward and what to do next. These are my ideas in no particular order. 1) To release some equity and use this to...
  7. 7DD4

    mortgagee sales in Perth

    Hi found a mortgagee sale i'm interested in putting an offer on Perth WA Asked the agent to write up the offer with a clause that gives the bank 5 business days before my offer expires. Agent told me that I was unable to put an expiry on mortgagee sales as the banks would take 3-4 weeks to...
  8. 7DD4

    Australia/World debt clock

    The way I read it, Australia is holding its own :) http://www.usdebtclock.org/world-debt-clock.html
  9. 7DD4

    not allowed to take pictures !!

    Should a parent be allowed to take pictures of their kids playing sport at a club ? Just been told im not allowed to take pictures of my daughter during a hockey game. :eek: Am i of the minority that rules like these are allowed to be bought in :confused:
  10. 7DD4

    Pay on the 1st of every Month

    Just been caught out by my tenant "Can I pay on the 1st of every month" Yep no problem.:) Now lets do the Math : $100 a week = $400 on the 1st of every month $400x12month =$4800/year When he should be paying : $100x52weeks = $5200/year DISCOUNT=7.7% :eek: His discount...
  11. 7DD4

    9 Day Reno

    Before and after. Picked this one up off the crimes confiscation police X Meth lab :D Not one door in the house still on the hinges. About 130 wall anchors removed not sure what they were used for ? Cockroach invested. 1 bedroom used as a cage for dogs :eek: Beautiful graffiti in the...
  12. 7DD4

    pool windbreak before and after

    350m of Jarrah 1500 screws 12 galvanized poles 3m trailer of concrete
  13. 7DD4

    How to remove oil stains before painting

    What prep is needed on this oily garage before painting ?
  14. 7DD4

    driveway and wall ideas please ?

    Hi all Looking at ideas to improve the driveway of my newest baby. The house is going to be a rental for at least 5 years. The drive way is liquid limestone pour which is cracking and falling apart on one side. The area is about 80sqm. Been looking at a new concrete pour at $45sqm +...
  15. 7DD4

    Disclosure of interest Settlement agent/real estate agent

    Just got a letter of a settlement agent i decided on in WA perth: Take notice there is a business or financial relationship between the proposed settlement agent and the the real estate agent. As a result the body or person may receive a financial benefit (by way of commission, interest...
  16. 7DD4

    How do banks look at weekly rent ?

    Just about to sign my tenant up for another year do the banks look only at the weekly rent or take management fees into consideration when applying for a loan ? Tenant pays $620 a week now. Increases the rent to $660 with the worry of loosing a good tenant and having to get a property...
  17. 7DD4

    Under offer but "sold" on the Web ?

    Finally got an offer accepted on a renovator subject to finance. The house was confiscated by the proceeds of crime police and was only on the market for 5 days with 1 weekend home open. Went a few grand over the asking price to beat the other 3 offers the real-estate agent said she had...
  18. 7DD4

    Auction Fliping ?

    Went to an auction just before xmas on a property that had been reposed buy the proceeds of crime police. The property was sold under hammer for $380,000 with10% deposit and a 45 day settlement. The purchaser was a real-estate agent. A week later the property is back on realestate.com for...
  19. 7DD4

    due diligence V's research Whats the difference ?

    Seems most people in real estate use due diligence, whats wrong with research ? Any reason ? Besides making them sound like property experts :confused:
  20. 7DD4

    Any Surfers on the forum ?

    Just wondering if we have any stand up surfers on the forum ! One of my main reason for investing more time in the water !
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