Australian Politics Forum - Best way of realising equity in a home?

Lisa Jones

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Best way of realising $12 000
Reply #15 - Sep 21^st, 2023 at 9:25pm

Lisa Jones wrote on Sep 21^st, 2023 at 8:46pm:

Jovial Monk wrote on Sep 20^th, 2023 at 9:22am:

I have a long wooden shed could be a small residence—after $15–20K renovations.

I could rent out a bedroom I suppose.

But I need cash—a new car, renovations/extensions

Why don’t you pretend to make lots of Christmas cakes with 20 eggs in each cake and get prospective gullible recipients to deposit $60 directly into your bank account before you pretend to start making their cakes?

THEN pretend to send them their cakes or even the return of their $60.

$60 x 200 gullible victims = $12 000

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Gordon

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Re: Best way of realising equity in a home?
Reply #16 - Sep 21^st, 2023 at 9:34pm

Jovial Monk wrote on Sep 21^st, 2023 at 9:24pm:

Dnarever wrote on Sep 21^st, 2023 at 7:54pm:

Gordon wrote on Sep 21^st, 2023 at 6:04pm:

Jovial Monk wrote on Sep 21^st, 2023 at 4:06pm:

freediver wrote on Sep 21^st, 2023 at 8:55am:

Borrow the money from your beneficiary. Or get an unconventional mortgage. eg a reverse mortgage. If you are only borrowing a small fraction of what the place is worth, you should be able to get a reasonable deal.

But if you are short on cash, I would just refrain from spending the money unless you have to. It's not an investment, it's an upgrade.

Beneficiary is an 11yo girl Grin

. Her mother doesn’t have a spare $80K just lying around.

If you are in Melbourne or Sydney you can sell a share of your equity in your home.

Say house is $1m, you can sell a 20% share but not for $200K, for less than that—the equity sold increases in value as house prices rise.

If you are on the age pension you can get like $500 per fortnight, tax free, paid to you, also secured by your property.

Or there is the reverse mortgage—the interest really grows if you make no payments. However, the debt cannot exceed the total equity of your property. Interest rates currently are around 9%

That is what I found using Google.

The 11 year old girl will get nothing because you'll drink your house.

Nasty is not compulsory.

I just ignore the slimy grub and screaming autistic and fantasist Larry.

According to the grub I have already gone through my inheritance. Brainless moron, sulking about some minor thing happened in 2020 or so.

Larry is wildly jealous I live in my own house. He is also jealous as hell I have my beautiful dog Socks. Why is Larry jealous of this? Christ, Larry was even threatening to steal Socks at one stage. Sick autistic nutcase!

Human crud of no worth.

Your inheritance should have been quarantined to prevent you from drinking it.

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IBI

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Lisa Jones

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Re: Best way of realising equity in a home?
Reply #17 - Sep 21^st, 2023 at 9:41pm

Gordon wrote on Sep 21^st, 2023 at 6:04pm:

Jovial Monk wrote on Sep 21^st, 2023 at 4:06pm:

freediver wrote on Sep 21^st, 2023 at 8:55am:

Borrow the money from your beneficiary. Or get an unconventional mortgage. eg a reverse mortgage. If you are only borrowing a small fraction of what the place is worth, you should be able to get a reasonable deal.

But if you are short on cash, I would just refrain from spending the money unless you have to. It's not an investment, it's an upgrade.

Beneficiary is an 11yo girl Grin

. Her mother doesn’t have a spare $80K just lying around.

If you are in Melbourne or Sydney you can sell a share of your equity in your home.

Say house is $1m, you can sell a 20% share but not for $200K, for less than that—the equity sold increases in value as house prices rise.

If you are on the age pension you can get like $500 per fortnight, tax free, paid to you, also secured by your property.

Or there is the reverse mortgage—the interest really grows if you make no payments. However, the debt cannot exceed the total equity of your property. Interest rates currently are around 9%

That is what I found using Google.

The 11 year old girl will get nothing because you'll drink your house.

The demented dhead is referring to his freaking bloody dog ffs!

Dumbarse Drunk is yet to realise that within a yr or 2 his current house will be forced to sell (given its position and state of disrepair it will probably sell for around $450K max). Said money will have to go into a nursing home deposit scheme for Drunk’s upkeep.

Of course I’m assuming the Drunk doesn’t drop dead in his lonely igloo which is so close to Antarctica in the mean time 😐

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« Last Edit: Sep 22^nd, 2023 at 9:20am by Lisa Jones »

If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Jovial Monk Gold Member Offline Dogs not cats! Posts: 45888 Gender:	Re: Best way of realising equity in a home? Reply #18 - Sep 21^st, 2023 at 9:49pm Socks is not yet 2yo. I am referring to my great niece as anybody with a functioning brain would realise. The house is fine. At some stage the roof will need to be replaced is all. Sorry, Larry, I am a homeowner and you rent a squalid HC flat.
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Lisa Jones

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Re: Best way of realising equity in a home?
Reply #19 - Sep 21^st, 2023 at 9:56pm

Gordon wrote on Sep 21^st, 2023 at 9:34pm:

Jovial Monk wrote on Sep 21^st, 2023 at 9:24pm:

Dnarever wrote on Sep 21^st, 2023 at 7:54pm:

Gordon wrote on Sep 21^st, 2023 at 6:04pm:

Jovial Monk wrote on Sep 21^st, 2023 at 4:06pm:

freediver wrote on Sep 21^st, 2023 at 8:55am:

Borrow the money from your beneficiary. Or get an unconventional mortgage. eg a reverse mortgage. If you are only borrowing a small fraction of what the place is worth, you should be able to get a reasonable deal.

But if you are short on cash, I would just refrain from spending the money unless you have to. It's not an investment, it's an upgrade.

Beneficiary is an 11yo girl Grin

. Her mother doesn’t have a spare $80K just lying around.

If you are in Melbourne or Sydney you can sell a share of your equity in your home.

Say house is $1m, you can sell a 20% share but not for $200K, for less than that—the equity sold increases in value as house prices rise.

If you are on the age pension you can get like $500 per fortnight, tax free, paid to you, also secured by your property.

Or there is the reverse mortgage—the interest really grows if you make no payments. However, the debt cannot exceed the total equity of your property. Interest rates currently are around 9%

That is what I found using Google.

The 11 year old girl will get nothing because you'll drink your house.

Nasty is not compulsory.

I just ignore the slimy grub and screaming autistic and fantasist Larry.

According to the grub I have already gone through my inheritance. Brainless moron, sulking about some minor thing happened in 2020 or so.

Larry is wildly jealous I live in my own house. He is also jealous as hell I have my beautiful dog Socks. Why is Larry jealous of this? Christ, Larry was even threatening to steal Socks at one stage. Sick autistic nutcase!

Human crud of no worth.

Your inheritance should have been quarantined to prevent you from drinking it.

Dumbarse Dhead has already wasted the little he did get by buying and quickly selling some useless bit of arid land in Tasmania.

As we all know ... the guy is pushing 80 and because of old age and long term alcohol abuse he’s got dementia so he forgets what he says but he always posts utter illogical BS. Drunk will be lucky to live for another year. If he does...the cheap hovel he’s camping in will just have to sell to help pay his nursing home bill. His old age pension will also have to go to the nursing home. The current home he’s in isn’t worth 400K.

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Lisa Jones

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Re: Best way of realising $12 000
Reply #20 - Sep 21^st, 2023 at 9:58pm

Lisa Jones wrote on Sep 21^st, 2023 at 8:46pm:

Jovial Monk wrote on Sep 20^th, 2023 at 9:22am:

I have a long wooden shed could be a small residence—after $15–20K renovations.

I could rent out a bedroom I suppose.

But I need cash—a new car, renovations/extensions

Why don’t you pretend to make lots of Christmas cakes with 20 eggs in each cake and get prospective gullible recipients to deposit $60 directly into your bank account before you pretend to start making their cakes?

THEN pretend to send them their cakes or even the return of their $60.

$60 x 200 gullible victims = $12 000

Back to top

If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Jovial Monk

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Re: Best way of realising equity in a home?
Reply #21 - Sep 21^st, 2023 at 10:01pm

I am only 76, Larry. YOU obviously are facing reaching some age that has you worried and, coward that you are, you project that onto others.

WTF did you get this crap about “arid land” from? None in Tassie! On the west coast they get like 1500mm rainb a year, every other day is a rain day. Obviously you got “arid land” out of some part of your brain damaged by drug use.

I bought some land and 4 years later sold it for a very nice profit. You should try it Grin

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Jasin Gold Member Offline Posts: 47437 Gender:	Re: Best way of realising equity in a home? Reply #22 - Sep 21^st, 2023 at 10:03pm If you borrowed $60 and bought your groggery. I'm sure you'd feel rich.
Back to top	AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY. IP Logged

Lisa Jones

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Re: Best way of realising $12 000
Reply #23 - Sep 21^st, 2023 at 10:20pm

Lisa Jones wrote on Sep 21^st, 2023 at 8:46pm:

Jovial Monk wrote on Sep 20^th, 2023 at 9:22am:

I have a long wooden shed could be a small residence—after $15–20K renovations.

I could rent out a bedroom I suppose.

But I need cash—a new car, renovations/extensions

Why don’t you pretend to make lots of Christmas cakes with 20 eggs in each cake and get prospective gullible recipients to deposit $60 directly into your bank account before you pretend to start making their cakes?

THEN pretend to send them their cakes or even the return of their $60.

$60 x 200 gullible victims = $12 000

Back to top

If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Jovial Monk Gold Member Offline Dogs not cats! Posts: 45888 Gender:	Re: Best way of realising equity in a home? Reply #24 - Sep 22^nd, 2023 at 5:44am Poor Larry, so jealous.
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Bobby. Gold Member Offline Australian Politics Posts: 103141 Melbourne Gender:	Re: Best way of realising equity in a home? Reply #25 - Sep 22^nd, 2023 at 6:43am A real estate agent told me that the best way to increase a rental or house value was to add another bathroom and bedroom. By bathroom he meant a walk in shower, basin and toilet.
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Lisa Jones

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Re: Best way of realising equity in a home?
Reply #26 - Sep 22^nd, 2023 at 7:15am

Gordon wrote on Sep 21^st, 2023 at 9:34pm:

Jovial Monk wrote on Sep 21^st, 2023 at 9:24pm:

Dnarever wrote on Sep 21^st, 2023 at 7:54pm:

Gordon wrote on Sep 21^st, 2023 at 6:04pm:

Jovial Monk wrote on Sep 21^st, 2023 at 4:06pm:

freediver wrote on Sep 21^st, 2023 at 8:55am:

Borrow the money from your beneficiary. Or get an unconventional mortgage. eg a reverse mortgage. If you are only borrowing a small fraction of what the place is worth, you should be able to get a reasonable deal.

But if you are short on cash, I would just refrain from spending the money unless you have to. It's not an investment, it's an upgrade.

Beneficiary is an 11yo girl Grin

. Her mother doesn’t have a spare $80K just lying around.

If you are in Melbourne or Sydney you can sell a share of your equity in your home.

Say house is $1m, you can sell a 20% share but not for $200K, for less than that—the equity sold increases in value as house prices rise.

If you are on the age pension you can get like $500 per fortnight, tax free, paid to you, also secured by your property.

Or there is the reverse mortgage—the interest really grows if you make no payments. However, the debt cannot exceed the total equity of your property. Interest rates currently are around 9%

That is what I found using Google.

The 11 year old girl will get nothing because you'll drink your house.

Nasty is not compulsory.

I just ignore the slimy grub and screaming autistic and fantasist Larry.

According to the grub I have already gone through my inheritance. Brainless moron, sulking about some minor thing happened in 2020 or so.

Larry is wildly jealous I live in my own house. He is also jealous as hell I have my beautiful dog Socks. Why is Larry jealous of this? Christ, Larry was even threatening to steal Socks at one stage. Sick autistic nutcase!

Human crud of no worth.

Your inheritance should have been quarantined to prevent you from drinking it.

Dumbarse Dhead has already wasted the little he did get by buying and quickly selling some useless bit of arid land in Tasmania.

As we all know ... the guy is pushing 80 and because of old age and long term alcohol abuse he’s got dementia so he forgets what he says but he always posts utter illogical BS. Drunk will be lucky to live for another year. If he does...the cheap hovel he’s camping in will just have to sell to help pay his nursing home bill. His old age pension will also have to go to the nursing home. The current hovel he’s in isn’t worth 400K.

Back to top

If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Lisa Jones

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Sydney
Gender: female

Re: Best way of realising $12 000
Reply #27 - Sep 22^nd, 2023 at 7:16am

Lisa Jones wrote on Sep 21^st, 2023 at 8:46pm:

Jovial Monk wrote on Sep 20^th, 2023 at 9:22am:

I have a long wooden shed could be a small residence—after $15–20K renovations.

I could rent out a bedroom I suppose.

But I need cash—a new car, renovations/extensions

Why don’t you pretend to make lots of Christmas cakes with 20 eggs in each cake and get prospective gullible recipients to deposit $60 directly into your bank account before you pretend to start making their cakes?

THEN pretend to send them their cakes or even the return of their $60.

$60 x 200 gullible victims = $12 000

Back to top

If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Jovial Monk

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Re: Best way of realising equity in a home?
Reply #28 - Sep 22^nd, 2023 at 7:27am

Again the arid land?

No arid land in Tasmania. Simple—all the cyclones and anticyclones that water the southern fringe of the mainland ALL end up over Tasmania. Lowest rainfall I could find was Launceston, somewhere between 300-400mm per year. Launceston is in a rain shadow of high hills paralleling the Tamar River.

Waratah towards the north of the west coast gets 1500mm rain per year—people there that want to harvest the rain don’t use rainwater tanks, they just use a 44gal drum.

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Get the vaxx! 💉💉

If you don’t like abortions ignore them like you do school shootings.

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Lisa Jones

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Re: Best way of realising equity in a home?
Reply #29 - Sep 22^nd, 2023 at 7:28am

Gordon wrote on Sep 21^st, 2023 at 9:34pm:

Jovial Monk wrote on Sep 21^st, 2023 at 9:24pm:

Dnarever wrote on Sep 21^st, 2023 at 7:54pm:

Gordon wrote on Sep 21^st, 2023 at 6:04pm:

Jovial Monk wrote on Sep 21^st, 2023 at 4:06pm:

freediver wrote on Sep 21^st, 2023 at 8:55am:

Borrow the money from your beneficiary. Or get an unconventional mortgage. eg a reverse mortgage. If you are only borrowing a small fraction of what the place is worth, you should be able to get a reasonable deal.

But if you are short on cash, I would just refrain from spending the money unless you have to. It's not an investment, it's an upgrade.

Beneficiary is an 11yo girl Grin

. Her mother doesn’t have a spare $80K just lying around.

If you are in Melbourne or Sydney you can sell a share of your equity in your home.

Say house is $1m, you can sell a 20% share but not for $200K, for less than that—the equity sold increases in value as house prices rise.

If you are on the age pension you can get like $500 per fortnight, tax free, paid to you, also secured by your property.

Or there is the reverse mortgage—the interest really grows if you make no payments. However, the debt cannot exceed the total equity of your property. Interest rates currently are around 9%

That is what I found using Google.

The 11 year old girl will get nothing because you'll drink your house.

Nasty is not compulsory.

I just ignore the slimy grub and screaming autistic and fantasist Larry.

According to the grub I have already gone through my inheritance. Brainless moron, sulking about some minor thing happened in 2020 or so.

Larry is wildly jealous I live in my own house. He is also jealous as hell I have my beautiful dog Socks. Why is Larry jealous of this? Christ, Larry was even threatening to steal Socks at one stage. Sick autistic nutcase!

Human crud of no worth.

Your inheritance should have been quarantined to prevent you from drinking it.

Dumbarse Dhead has already wasted the little he did get by buying and quickly selling some useless bit of arid land in Tasmania.

As we all know ... the guy is pushing 80 and because of old age and long term alcohol abuse he’s got dementia so he forgets what he says but he always posts utter illogical BS. Drunk will be lucky to live for another year. If he does...the cheap hovel he’s camping in will just have to sell to help pay his nursing home bill. His old age pension will also have to go to the nursing home. The current hovel he’s in isn’t worth 400K.

Back to top

If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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