Mega Thread The Questions Thread - Part III

[Cruyff14]

Comes back down to lifestyle, and what's more important.

 

[Gough]

A pool is a bit of a pain in the arse to maintain.

 

[MrsEddieBetts]

I'd take option 1. Who knows what's gonna happen tomorrow, if option 1 is the most enjoyable lifestyle for right now then DO IT

 

[Billy ray]

A pool is a bit of a pain in the arse to maintain.

Have one here in my rental and got used to it.

 

[Frank Bunn]

For those following at home (or work), my tenants in my house here on the GC hinterland have asked to buy it, and it looks like it will happen between now and June. They have rented it for past 18-24 months. And during this time, my family have been renting ourselves next to the beach.

We are now faced with the what do we do next (to cover the next say ~10 year period - over which time children should start to leave the nest). We need 5 bedrooms plus a space for my office.

From looking around at some houses the last few weekend, i think there are two clear options:

1) pretty much go 'like for like' in terms of a new mortgage by getting a high spec, large 5 bedroom house with a pool, which is in a nice nearby suburb. i wont have to do anything, turn key option.

2) half or even cut my mortgage size to 1/3 current size by getting a standard spec, 5 bedroom house which may or may not have a pool but has room to add one, and may need over time some kitchen or bathroom upgrades but nothing more than say new cupboards or benchtops, no major renovation by any means. This would be available by moving slightly further away from the areas we have lived for past 15 years

if you had the opportunity to reduce by half, or by even more, your mortgage, as someone about to enter my 50s (and i have plans to work for another 10-15 years), would you do it?

in either case, the plan (say in 10 or so years) would be to sell whatever option we get, and buy a smaller 2 bedroom unit on the beach for our remaining (mostly retirement) years.

thoughts?

Retiring at 60 is a good plan. You can access your Super tax free. Pay off a mortgage if you still have one. If you can, take advantage of the tax breaks for additional Super contributions before that.

I wouldn't assume that your children will all fly the nest in the next 10 years. Maybe just go for what house you want right now and see how things turn out later.

 

[Big Sauce 21]

Have pizza shapes changed ? Biscuit is soft and crumbling, remember them being quite hard or do I have a dud pack ?

 

[Chief]

Dud

 

[PoppedCorn]

go for it Billy ray
worked hard for it, if you can do it bloody enjoy it

my plan is to go at 60 as well IF my BTC helps pay the end of the mortgage with a few pennies left over for a couple of years, then super can kick in and after that the pension

 

[MP_]

Can a standard GP diagnose a potential skin cancer or do you get referred to a specialist

 

[rocker_oz33]

Can a standard GP diagnose a potential skin cancer or do you get referred to a specialist

Prob a referral.

Mrs R Dad knocked his head went to the doc.
Doc said that looked a bit funky .
It was cancer.

Hope your OK MP .

 

[gaskin]

Can a standard GP diagnose a potential skin cancer or do you get referred to a specialist

Some GPs can. My dad goes to his GP when he needs his skin checked.

 

[MP_]

Prob a referral.

Mrs R Dad knocked his head went to the doc.
Doc said that looked a bit funky .
It was cancer.

Hope your OK MP .

Noticed a really big thing on my back it looks pretty dodgy , missus is a bit worried. Can’t get in to a gp in my town for two weeks but found a gp in another town for Thursday.

 

[raskolnikov]

I'm retiring at 60 in a few years, thanks to my house doubling in value in the 10 years since I bought it. Sell it and piss off overseas somewhere.

 

[MP_]

I'm retiring at 60 in a few years, thanks to my house doubling in value in the 10 years since I bought it. Sell it and piss off overseas somewhere.

CrossFit around the world tour

 

[rocker_oz33]

Noticed a really big thing on my back it looks pretty dodgy , missus is a bit worried. Can’t get in to a gp in my town for two weeks but found a gp in another town for Thursday.

Hopefully it's noithing serious..

 

[rocker_oz33]

I'm retiring at 60 in a few years, thanks to my house doubling in value in the 10 years since I bought it. Sell it and piss off overseas somewhere.

Are you googling the best cross fit places overseas....

 

[Billy ray]

I'm retiring at 60 in a few years, thanks to my house doubling in value in the 10 years since I bought it. Sell it and piss off overseas somewhere.

Whats the plan? Put all in cash and shares and draw down as required in a cheap (?) eastern european country?
Will you have to return periodically to reset a visa?

 

[MP_]

Hopefully it's noithing serious..

I reckon it’s bad but hopefully have got it early

 

[Big Sauce 21]

How much are pest control treatments these days? have so many ants and a few roaches

 

[rocker_oz33]

How much are pest control treatments these days? have so many ants and a few roaches

Got no idea.

Maybe call up a few places see they can give you a quote over the phone.

 

[Off The Couch]

Got no idea.

Maybe call up a few places see they can give you a quote over the phone.

Not sure where you are but our most recent one was just over $400 but that included termite inspection

 

[rocker_oz33]

Not sure where you are but our most recent one was just over $400 but that included termite inspection

Not for me.
For big sauce...

 

[Off The Couch]

Not sure where you are but our most recent one was just over $400 but that included termite inspection

Big Sauce 21 see above, quoted the wrong post

 

[Big Sauce 21]

Not sure where you are but our most recent one was just over $400 but that included termite inspection

My surface sprays aren't working so going to have to fork out. Paranoid I'll blow money and it wont work.

 

[MP_]

My surface sprays aren't working so going to have to fork out. Paranoid I'll blow money and it wont work.

We get our outside sprayed for bugs I think it’s around $200 and it definitely works however I’ve had some last only worked for about 6 months compared to the 12 months they claim.