My allergy to debt is the only one I have. When I've taken out mortgages, I've paid them off as soon as I possibly could. It was always a great...
Emergencies, I guess. Or, in the event of a stock market collapse, money to live on until the tide turns.
You’re thinking of migrating the cash buffer to a line of credit? Not an option as I have no debt. (I realise people make money from debt but I’m...
Thanks for that! Hmm. Given the choice between Dumbarse, Know-nothing and Perfection, I'd probably have to opt for being a Know-nothing. My nest...
Bit the bullet and sold an IP, keeping only one which has a reliable, long-term tenant and has seen good CG and CF. The first thing I did with the...
A bouquet for Depreciator. The reno on my Federation terrace is finally finished. I booked in an inspection and the QS was professional and...
Another reason to invest in property is versatility. Some say that you can't sell a room, whereas you can sell a parcel of shares. But if you have...
Fingers crossed. Brian has recommended several carpenters. I'll post a follow-up to let you know how it goes.
Unfortunately not. There's no sub-floor access. If there's a leak (not that I can see any evidence of one) it will have to be dealt with from...
When the furniture's gone and I can pull up the lino in the kitchen and the carpet in the living room, I'll assess the damage. I'm braced for a...
Thanks, Xenia. Words are my thing. Property has always appealed to me as a way of investing. I like the combination of capital gains and cash...
Yes, Brian, the house is in Sydney (inner west). Not surprising that you are booked out for the next couple of months. I'll send you a message to...
Hello all I joined Somersoft a couple of years ago and have found it a fantastic resource. Thanks to all of you who give your time and experience...
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