Recent content by Theodore

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    HWS tenants issues

    yep HWS is fully operational and it seems that PM trying to evade me on the outcome . Thanks for your advice Nick
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    HWS tenants issues

    Hey peoples just a quick question on where i stand on this. last friday night my PM calls ands says that your tenants have reported that the HWS is not working and they need it by monday ( Long Weekend ) I say fair enough i will contact my leco and and call you back . Called the PM back...
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    Changes / tightening on servicing for investors

    Peter how would one take advantage of this scenario ?
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    Gutters and tax

    This F/Y coming to an end and like everyone looking to maximize deductions ! An IP I own needs new gutters as they have rusted out pre bad . If i get them replaced and get the company to state on the invoice that the old gutters were in need of repair will the new gutters be written off or...
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    When is enough?

    great read so far loving everyones opinions ! To me its enough when you have reached your goals then its time to re asses and make another set of goals i can understand the points on not living in the moment but I'm in the early stages of acquisition and if i am going to reach my goals...
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    Newcastle but where ?

    I would most definitely stay away from any suburb near the UNI a lot of people i know CAN NOT lease their IP in those areas !! One person i know has an 8 bedroom uni house in the area and has only had 3 people in their for months !
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    Plumbing depreciate or cost base?

    Thanks Paul, Datto , syba Yes had originally thought was an improvement And yeah I did know about the plumbing before a bought has And beleive me I did factor it in the price :) http://m.realestate.com.au/property-house-nsw-raymond+terrace-118605367
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    Plumbing depreciate or cost base?

    Hi guys about to settle on IP The bathroom has no plumbing hooked up To vanity ! My question is : will be plumbing works be depreciated or added to cost base ? Been quoted $950 for the job Theodore
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    muswellbrook - positive signs?

    Definitely some good bargains around But just think money invested elsewhere is a better option at the moment
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    IP portfolio that performs regardless of market movements!

    We'll done on your achievements sash I am currently looking at tenambit myself trying to get in before the New hospital !! Their is massive money being poured into maitland ATM
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    Using a buy & hold strategy, in how many years did you reach financial independence?

    Love that last bit - I often say to myself the cashflow Just keeps me afloat whilst I manufacture equity I also do believe the buy and hold won't give me the jump start in capital That I need but I can definetely see the passive route advantages as I get older and have more equity behind...
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    My Tips for Acquiring Short to Mid Term Capital Growth

    Great post Rixter So far my strategie was to create instant equity via Reno and Buy below MV And it has worked a gem to date ! But now with a little more capital behind me I am definetely willing to pay more To purchase in such areas and let time do its magic
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    Newcastle but where ?

    Yep def agree with waratah I think Georgetown is certainly a place to consider also ! My list for newcastle would be Georgetown Hamilton North waratah Garden suburb Toronto( great council lake mac) Boolaroo Warners bay Kotora south And as mentioned wickam and Hamilton...
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