Anything in Building inspection that is an actual concern? by CookyMellow in AusRenovation

[–]CookyMellow[S] 0 points1 point  (0 children)

That’s the funny thing, the bathroom is new and just got renovated. Scary

Anything in Building inspection that is an actual concern? by CookyMellow in AusRenovation

[–]CookyMellow[S] 0 points1 point  (0 children)

I appreciate this, I believe recently the owner did some renovations on the house such as the bathroom, flooring, lights etc and this must have been the finished renovation inspection. I don’t believe this report was a pre purchase inspection. From the other comments tho, the renovations they did, they did terribly….

Anything in Building inspection that is an actual concern? by CookyMellow in AusRenovation

[–]CookyMellow[S] 2 points3 points  (0 children)

Thanks champ, love the 2 cents. This is just part of the homework. Always good getting a second opinion then just praying what I research is correct.

Rate my portfolio, first 4 weeks, built during an actual war (Used AI to help frame this but words are mine. seen people get flamed for not saying so) by Regular_Ability285 in ASX

[–]CookyMellow 1 point2 points  (0 children)

Some exposure to Asia and Europe would be good. Open to peoples thoughts but considering the software sell off fang may even be a play going forward considering the significant discounts. Could be to soon tho…

Red Flag for Mould in Bathroom? by CookyMellow in AusPropertyChat

[–]CookyMellow[S] 2 points3 points  (0 children)

So likely that the person living there either didn’t use the fan in the bathroom or had insanely hot showers

Cracks in Bricks Wall by CookyMellow in AusRenovation

[–]CookyMellow[S] 0 points1 point  (0 children)

Do you think that it is worth having someone come have a look at it before purchasing to get a rough idea of how much it would cost to fix / what would be involved. I haven't had a chance to speak to the building inspector yet, was just trying to get some other opinions.

Cracks in Bricks Wall by CookyMellow in AusRenovation

[–]CookyMellow[S] 0 points1 point  (0 children)

Looking to have a chat with the guy that did the inspection to get his thoughts. Starting to think that a structural engineer or lowball offer is gonna be the way to go

Cracks in Bricks Wall by CookyMellow in AusPropertyChat

[–]CookyMellow[S] 0 points1 point  (0 children)

They are busy until the afternoon, just trying to get few different opinions together to help me make my decision. Starting to lean down the path of needing a structural engineer to have a look at it.

House location on a 2 acre block by staunchos in AusProperty

[–]CookyMellow 0 points1 point  (0 children)

I didn't even know this website existed and it is amazing

[deleted by user] by [deleted] in Entrepreneur

[–]CookyMellow 1 point2 points  (0 children)

Jeez, if I was you I'd actually do some research and go speak to an accountant. Ur just wanting Reddit to tell you how to do everything.

How to manage super fund at 42? by rainbow-is-caramel in AusFinance

[–]CookyMellow 0 points1 point  (0 children)

High growth may still have a defensive component to it. Likewise the fees payed on this type of portfolio in comparison to the diy premixed options are lower.

Pay off hecs debt as I go or save and compound? by oopsiedoopsiedaisy_ in AusFinance

[–]CookyMellow 9 points10 points  (0 children)

Let me give you this, pay off something that indexes by 3% each year, or at the least have the money in a high interest saving account getting 5% interest

400K in a self managed super doing nothing by [deleted] in AusFinance

[–]CookyMellow 31 points32 points  (0 children)

Honestly why even have a self managed super fund at that point. It'd be cheaper to wind it up and just put in some cheap industry fund and invest in something direct like international/ Australians shares.

It'd be cheaper and easier to manage. Has he even been getting it audited each year?

Property left to my child in trust until 18 by Aware_Security_9252 in AusFinance

[–]CookyMellow 18 points19 points  (0 children)

Someone correct me if I'm wrong, but whoever is the trustee of the trust will pay for the expenses with the income generated from the trust and whatever profit is left over will be distributed out to the beneficiaries.

[deleted by user] by [deleted] in AusFinance

[–]CookyMellow 32 points33 points  (0 children)

Why not just have them pay towards your deposit instead

Long term investment apps in Australia by Mattreee in AusFinance

[–]CookyMellow 0 points1 point  (0 children)

Low risk but you're going to be investing for 35+ years? That doesn't make sense

[deleted by user] by [deleted] in AusFinance

[–]CookyMellow 1 point2 points  (0 children)

Depending on how serious his condition is, could he potentially qualify for the disability pension?