spludgey » user profile

7 3
Member Since 11/08/2010
Last Seen 22 min 46 sec
Location Sydney

Recent Activities

Thanks, I don't know the area at all. So the OP should be able to at least reduce his/her losses by onselling it (I'm sure that'll be...
12/12/2018 - 11:01
Given that the deposit was $44k, does that make the purchase price $220k, $440k, $880k or something else? If it's $220k, you might be able...
12/12/2018 - 07:03
Sorry, but does your cryptic reply mean that you don't know of a better exit strategy either, or that I should sell up now and forget about...
12/12/2018 - 06:52
I've got the same problem with it being a long thread, so I'm not quite sure where it is, but it's very close to the start of the thread....
11/12/2018 - 09:25
I hope you're not just asking for asking's sake. Assuming that's not the case, here's my answer: I hadn't given it much of a thought. I...
11/12/2018 - 08:14
Ethical problems? No, not at all! As I mentioned before, I see my contribution as a marginal positive for society, not amazing, but I still...
11/12/2018 - 08:10
My son got some Duplo recently and I actually reckon their quality is going downhill. They used to hold together quite well when I was a...
10/12/2018 - 21:47
Speedo didn't invent swimmers and nobody could copy them for 50 years until their patent ran out and then every man and his dog started...
10/12/2018 - 21:46
About half my tenants in Elizabeth are on Centrelink, that I know of. Not that I think less of them because of it. In most cases people on...
10/12/2018 - 17:38
No, too difficult, especially given my balance is below $100k. It's just in the most aggressive option with Australian Ethical Super.
10/12/2018 - 17:34
Worst, superhero, ever!! [/comicbook guy]
10/12/2018 - 09:07
Wow, I'll eat my words. Didn't know anything was still manufactured in Australia.
10/12/2018 - 08:00
"Quintessentially Queensland" "Rockin' it Aussie style" "Made in China"
10/12/2018 - 07:51
My answer would be the same as it always is: "Start with the goal in mind." What are you actually trying to accomplish and how soon? Also,...
10/12/2018 - 06:51
I'll bite, what's a better exit strategy? Or is the alternative not to invest?
10/12/2018 - 06:40
Super. I don't see any reason to have any outside of super.
09/12/2018 - 20:39
It's one of those things that we keep talking about. Should really do one! I didn't have live insurance before my son was born, but once he...
09/12/2018 - 18:49
I'm not going to give specific numbers, but PPOR has around $700k owning, with $150k being a second tax deductible loan that I used to buy...
09/12/2018 - 18:43
Between $2.5M and $3M.
09/12/2018 - 18:37
With a one year old son, not terribly well!
09/12/2018 - 18:36
Precisely, thanks.
09/12/2018 - 09:59
Having a mentor and paying for advice is contradictory to me. If you're paying someone (above buying coffee, meals, etc for them) then...
09/12/2018 - 08:05
Fairly far. I need one of these things to happen: 1) Rents need to go up over 50%. 2) I start developing my blocks and increase my rental...
09/12/2018 - 08:01
1) 28, I think, so not that young. I wish I bought at 18, like some people I know. 2) Answered above 3) Not looking for a price range, but...
09/12/2018 - 07:54
If it's more than two hours drive, I'd get a property manager. Also, I would not want to manage more than three properties myself.
09/12/2018 - 07:27
It definitely can be, but I would just go a simple fund and try and not look at it.
09/12/2018 - 07:26
Booming economy: Developers intentionally delay the build so that they can make use of the sunset clause and resell for a profit. Tanking...
08/12/2018 - 21:42
If I believe that property is the best investment vehicle for me, then in my opinion it does not make sense to change my strategy half way...
08/12/2018 - 19:08