Search results

  1. NedKelly

    Crystal Creek, Toowoomba

    I came across this webinar about land banking via an option. Does anyone here know the values of land there and what the likely prospects of resale are in 10 years time. There was a similar scheme promoted down in Melbourne a while ago. Anyway, here is the link, it takes you to a webinar...
  2. NedKelly

    Problems with tenants.

    Is it me, or do there seem to be a lot more postings on this forum about problems with tenants? Is it a sign of the times?
  3. NedKelly

    New Privacy Laws

    Just had a letter from my bank about the new privacy laws effective 12th March 2014. It says, "...we may disclose your personal information to recipients located outside Australia, in countries including the Philippines, India, Singapore, New Zealand and the United States of America" It...
  4. NedKelly

    Disclosed reserve auction

    In mooching around the properties for auction I came across an auction where they have disclosed the reserve price prior to the auction. This is the first time I have ever seen this, has anyone ever seen this before? I didn't think it was allowed...
  5. NedKelly

    Land Tax - Principal residence Queensland

    Some friends settled on a property mid-May and moved in at the beginning of June. The place is their Principal Place of Residence. The Land valuation is $1,350,000. (It is an expensive waterfront property) When they settled the vendor claimed $1000 in land tax from them but their accountant has...
  6. NedKelly

    Where is Bob Brown when you need him?

    http://www.brisbanetimes.com.au/environment/reef-safeguard-sacrificed-secretly-for-us-singapore-20110911-1k48j.html
  7. NedKelly

    Climate Change (poll 2)

    O.K. guys, does this make you happy? Vote early and often!
  8. NedKelly

    Climate Change

    Here is the poll: Do you believe that Gillards carbon tax will stop global warming?
  9. NedKelly

    Latest Auction results - Brisbane 0%

    Things are a little slow at the moment. The auction clearance rate in Brisbane today was 0%. Wow, is that a record? http://domainmastheads.homepriceguide.com.au/saturday_auction_results/Brisbane.pdf
  10. NedKelly

    Land Rich companies

    A colleague has got himself into a bit of a pickle and had to declare bankruptcy. He owns a 50% share in a company that owns some land but pretty much has a negative net asset value taking into account the debts owing, i.e. land tax, rates, bank, etc. His trustee in bankruptcy is happy to...
  11. NedKelly

    Today Tonight, the tenants from hell!

    Did anyone see the program last night (15th July) with the tenants from hell? One family moved into a riverside mansion and started selling of the expensive parts, like the boat pontoon. When the locks were changed they just broke back in. It seems there is a new scam perpetuating whereby...
  12. NedKelly

    End of Year Summary Statements

    My PM now wants to charge me for a summary statement showing the income and expenditure over the last tax year. Has anyone else heard of this?
  13. NedKelly

    Buying overseas property in Australian Familt Trust

    Has anyone ever purchased an overseas property in an Australian Family Trust? Does anyone know of any problems with this?
  14. NedKelly

    Buying USA investment property, locally.

    Has anyone had any dealings with this outfit? http://www.talpac.com.au/
  15. NedKelly

    Cashback Deal

    I have been negotiating a unit purchase and have been offered $20,000 cash back on settlement. Basically the unit is overpriced but the developer doesn't want RP data showing sales at prices below his advertised price. This would affect valuations and he has a lot more to sell yet. Does...
  16. NedKelly

    Putting a caveat on a title

    I am owed some money ( a five figure sum) and am having great difficulty collecting it, I haven't filed a lawsuit yet but am planning to, it's one of these situations where they don't have any money. I have found out on the grapevine that this person is selling their home and may skip the state...
  17. NedKelly

    FHOG - It's all happened before.

    I have been pondering what is going to happen to property prices when the FHOG finishes at the end of June. I really don't need to think much I just need to look at what happened in 1988 in the UK for an exact parallel. In March 1988 the then chancellor, Nigel Lawson, announced that he would...
  18. NedKelly

    Recession Economics

    Are there any good economists here? Conventional wisdom says that when money becomes tight then interest rates rise as there is a shortage of money to lend. But here we are in a time when banks won't lend to anyone but interest rates are relatively low. There is all this demand to borrow...
  19. NedKelly

    Renters pay Stamp Duty?

    Can you believe this? http://business.theage.com.au/business/renters-face-tax-hit-20090130-7u1v.html January 31, 2009 VICTORIAN home renters and small business owners could face hefty stamp duty bills under an amendment to the Duties Act being debated in State Parliament this week...
  20. NedKelly

    Which is the safest bank?

    In the USA your deposits are insured up to $100,000. That's not the case here. Which bank is going to be the safest in the event of a run on a bank?
Back
Top