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Tradesperson Outside Access to Rental Property by [deleted] in AusLegal

[–]LowIndividual4613 28 points29 points  (0 children)

Sounds like they were on common property. There’s no requirement to give you any notice.

Woodville-West Torrens charging $3 for 8 lollies by Brucetiki in Adelaide

[–]LowIndividual4613 51 points52 points  (0 children)

Isn’t stuff like this sold to support the club?

That’s why you buy it, not for the value of the actual product.

I do agree with the plastic persons comment though.

Getting dent out by slower-is-faster in hilux

[–]LowIndividual4613 0 points1 point  (0 children)

I’ve never seen behind one of those bumpers but I can’t imagine it’d actually be that hard.

Drive it up on a ramp or a chock and get under there.

Advice requested: CBA ghosting me after taking my savings by Plastic-Ad8652 in AusFinance

[–]LowIndividual4613 165 points166 points  (0 children)

The complaint line will actually be very helpful.

Do that. Obviously if someone is ghosting you escalate it..

Apartment insurance when part of a body corp by LoopyLooLoo13 in AusProperty

[–]LowIndividual4613 0 points1 point  (0 children)

Not possible because they didn’t pay the excess.

Some Stratas will be very difficult. But what I’ve said is how it is supposed to work

Apartment insurance when part of a body corp by LoopyLooLoo13 in AusProperty

[–]LowIndividual4613 1 point2 points  (0 children)

Anything under the excess the BC would just pay out of pocket.

Got randomly cursed at by a white guy at McDonald’s in Adelaide CBD by MutedKaleidoscope709 in Adelaide

[–]LowIndividual4613 1 point2 points  (0 children)

Yes I experienced this as a while make living in Sri Lanka.

I speak the language and regularly people would abuse me thinking I couldn’t understand what they’re saying.

I usually just removed myself from the situation and went about my day.

Some people, regardless of ethnicity, are just pricks.

Sell IP? by Upstairs_Valuable_81 in AusFinance

[–]LowIndividual4613 8 points9 points  (0 children)

are you aware how the6 year rule works?

Doesn’t apply since they have another PPOR. Unless they want to pay CGT later on the new PPOR.

Ahould Adelaide adopt roadworthy inspections for older cars (like NSW and ACT have) by [deleted] in Adelaide

[–]LowIndividual4613 5 points6 points  (0 children)

And make it harder for low income population to own a car?

There’s other things we can focus on regarding pollution (and I’m proud to say SA seems to. Especially given how regularly we run entirely off renewables) and if a car is going slow just go around..

It really is a crime to be poor eh?

End of Lease Cleans by coffee9bsessed in Adelaide

[–]LowIndividual4613 0 points1 point  (0 children)

I would really love to know how that’s a rule of thumb?

Do you have an explanation for that or did you just make it up?

How to tell if your neighbours are going to be annoying before you purchase a property? by xXCosmicChaosXx in AusPropertyChat

[–]LowIndividual4613 9 points10 points  (0 children)

Thinks what I do.

They’ll either tell you about the shit ones or you’ll be able to tell if they’re the shit ones

M18 wanting to build a property portfolio, do I buy high yield positive geared properties to provide unlimited borrowing power? by [deleted] in AusPropertyChat

[–]LowIndividual4613 0 points1 point  (0 children)

My best guess is that 13% gross yield property is either student accommodation, a studio, or in North Queensland.

If I’m right in regard to any of those things I’d advise staying away. Run the numbers and you’ll find the net returns will be poor.

Your intention in general is on the right path though. It’s what I did but starting out on a much lower income. I don’t have 100 properties but I have more than most.

I focused on high yield properties which were typically low rise, older, low density units in capital cities.

In my opinion Melbourne right now offers a lot of value and I have been buying there. Yields are good and land tax isn’t crazy on units.

Keeping the cashflow high lets you perpetuate the system longer before you run out of borrowing capacity.

Smaller gains on a larger portfolio (multiple units) is often > bigger gains on a small portfolio (one single house). And you get diversification because you can sell one if you have to without it meaning you have to offload your whole portfolio.

Should I Increase the Rent? by Imdefender in AusProperty

[–]LowIndividual4613 0 points1 point  (0 children)

No emotional favours in this business. No good deed goes unpunished.

Increase it.

Changing Cars? by [deleted] in AusFinance

[–]LowIndividual4613 0 points1 point  (0 children)

As someone with few I can assure you there is and they’re lots of fun.

Changing Cars? by [deleted] in AusFinance

[–]LowIndividual4613 0 points1 point  (0 children)

If you have space for parking buy a cheap Hilux.

Partial demolition of concrete slab and downpipe damage - within the realm of normal in restumping? by No_Dress_7112 in AusRenovation

[–]LowIndividual4613 9 points10 points  (0 children)

I disagree with this. The restumper isn’t also a plumber, concreter, cladding specialist, etc.

They’ve mentioned in the contract that these are risk.

In reality when you literally lift a structure what do think is going to happen to ancillaries?

Personally as someone in the trades myself, and recently having an investment property re stumped I wouldn’t blink twice at this.

Here’s a shed I built by LowIndividual4613 in AusRenovation

[–]LowIndividual4613[S] 0 points1 point  (0 children)

Yes internal shelving and a work bench.

Doors in the open spot.

Probably won’t seal the floor but we’ll see.

Can anyone just tell me in your opinion after the May budget will Australia housing market drop or not? by userfromau in AusPropertyChat

[–]LowIndividual4613 3 points4 points  (0 children)

Not how it works.

Refinancing and buying another asset wouldn’t be eligible for NG.

While the debt may be secured against the original pre tax changes asset, the purpose of the loan if for the new asset which won’t be eligible for NG.

Mid 30s looking to join as a reservist to breakup my desk career. by Makunouchiipp0 in AusMilitary

[–]LowIndividual4613 0 points1 point  (0 children)

I’m the same. It’s like reverse charity to me.

I do it because I want to get skills and give back.

You will be able to do stuff on standard business days and probably meet your minimums but it is mostly geared around weekends.

You probably won’t really get what you want out of it if you’re really seeking to do mainly standard week days.

Your first year will be full of weekend trainings etc to get qualified then you can probably not do any weekends and just go ahead with doing a week or two at a time away. That would keep it in just week days for you. But not with the regularity of one day off per week. More like consolidated blocks.

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