Thenarrator » user profile

Member Since 03/03/2014
Last Seen 1 hour 36 min
Location sydney

Recent Activities

Guys, one of the most important question wasnt asked or answered. What do we do if we find a mistake in the report? How do we get it fixed?...
23/04/2017 - 11:09
i thought theres toll going northbound in the sydney harbour tunnel?
23/04/2017 - 00:25
did you still keep at eye on property now? regret not buying or still patiently waiting for the right time? or forgot about the property...
10/04/2017 - 00:39
Whats the outcome now? has your view remained/stayed the same?
09/04/2017 - 15:28
I've factored all those in. gas to be paid by tenant.
07/04/2017 - 20:08
why is it wrong? my calcs show some profit althought not much. 7is there a general rule of thumb u follow?
06/04/2017 - 16:17
yes for 5 years, it may not be much but according to my model, the capital growth compounds hugely in the 6-10 year mark.
05/04/2017 - 19:40
hmmmmmmmmm.. whats your story?
05/04/2017 - 19:40
yep got that
05/04/2017 - 19:39
[@Myrtacaea](/comment/4582143/redir): Thanks I had added pest control as a variable. Although it will most likely be 0 for new apartments,...
05/04/2017 - 19:39
UPDATE: thanks guys for input. I've changed the model completely now to incorporate all of the comments, opportunity costs, capital gain...
04/04/2017 - 23:23
oh yah, i've included that in. note that is tax deductible.
04/04/2017 - 23:17
how do u determine land tax payable for apartments? or is this exercise most left to professional accountants?
04/04/2017 - 23:16
its an example
04/04/2017 - 23:12
thanks for input. Note those are tax deductible
04/04/2017 - 23:12
I allowed 2% for agent commission when I sell.. does that include listing and adverting? if not how much is listing and advertising?
04/04/2017 - 20:47
thanks for this. too many giving me points to make buying property unappealing. I need some positives to balance it out.
04/04/2017 - 20:45
what does it mean for interest to capitalise?
04/04/2017 - 20:44
how much typically is landtax for an apartment/?
04/04/2017 - 20:41
[@BalanceSheet](/comment/4576988/redir): In the spreadsheet, it is intereset only. Why do you ask?
03/04/2017 - 23:44
i made it lower as a buffer. being conservative in my approach and even then, theres profit
03/04/2017 - 13:16
because theyre wanting to buy without doing any maths. i wana get some maths in and get to the facts
03/04/2017 - 13:13
[@SeVeN11](/comment/4575570/redir): thanks, will adjust that.. is capital gain tax just the individual tax with the capital gain added to...
03/04/2017 - 13:08
Maybe people dont like seeing spreadsheets on the weekend.
02/04/2017 - 20:47
Just did a bit of sensitivity analysis, with 3% growth, i am 30k better off if I had chosen to buy property compared to only investing...
02/04/2017 - 20:46
Yes, I allowed about $700 a year for repairs. Do you suggest allowing an extra line item for upkeep and maintenance? if so, whats the ball...
02/04/2017 - 20:41
I already got a finance degree. Havent practiced it in industry however. Please tell me what is lacking in the model that made you say this
02/04/2017 - 20:38
[@BalanceSheet](/comment/4574617/redir): Hi there, value of property meaning the capital gain? The spreadsheet calculates the profit when...
02/04/2017 - 20:36
"Wow, after depreciation of 10,000 in first year ( (2016 apartment,...
01/04/2017 - 10:50
01/04/2017 - 10:30