Recent content by lindsayf

Thanks. The redraw amount is against our PPOR not an IP.

Yes the land other than the house area is unimproved other than ; fencing repairs, plumbing repairs(pressure pump at dam)and weed control expenses. Will certainly be seeing our accountant and/or a financial adviser in the short term. But I understand that any CGT on sale of either property can...

Another 2 years pass. Both still working but I have dropped a day. I'm now 61 and wife is 54. Still holding 1 IP (Owned outright) and the 25 acres PPOR( more or less owned outright but loan facility still active). Big changes coming. Next FY will see both sold and us relocate due to my wife's...

And yet another 2 years passes. Second inv property sold. Another bought. Yet another incompetent and unethical RE agent tried his best to under value the property by over 50K Had to bully him up to get it into a reasonable asking price range. Sold quickly in asking range at first open house...

Yes I agree - all that text, the way it is structured and written does look like it is GPT generated. We are going to be talking to more bots without realising it. But luckliy there is new AI being developed in parallel - to identify if something is generated by AI...then there are new apps...

This should probably be in the Property Prices thread ..apologies...please move it if appropriate.

A friend of mine in a rather good financial position wants to buy a house and pay for it with forward payments from loans on her 2 other properties and then sell one of these to fund the new one. It is in a regional centre where prices are currently holding up ok. This will mean carrying about...

Depending on the will and the age of the beneficiaries - it can be worth considering transferring the shares across to the beneficiaries. Then if you are eyeballing retirement (and reduced income) it may work tax wise to sell down the holdings at that time. In the mean time just bank the divs...

Not many could do what you have done there - great patience no doubt underpinned by well founded belief in the system

Any experience with them?

Still going to plan:-)....with a very good dose of good luck. Prepped it and Sold IP1 and got it unconditional just before we went into lockdown. Sold after 3 days on the market. Got 4 offers all above asking price. Accepted 415 without conditions with 30 day settlement and they waived the...

I was reviewing this the other day and thanks again for the ideas. 2 years have passed. They turned out to be pretty good for us...and probably many here. This despite my wife studying 2020 rather than working. We are still working and will be for another several years - especially my younger...

Thanks Tech for sticking with the thread..following with a lot of interest.

Not the most subtle of thread dilutions of all time.........

Hi Tech Can you explain or reword this sentence pls? “If supply withdraws the if in demand then buyers will pay more to purchase”