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Is working in Australia all that great?
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divine061
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Aug 28 2014, 08:59 AM
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Getting Started

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QUOTE(alaskanbunny @ Aug 27 2014, 11:39 PM) buying properties in certain countries is not profitable.. and also she n her bf just decided to settle down for now in sydney... previously considering melbourne.. probably will buy after marriage 4mill house vs the rent she pays... damn worth it mang there earn peanuts also kena tax gao gao... if you work at mcds also around 36k already... so 6 figures is not susprising You realize a 'room' in a $4 million 'house' actually means a boarding house with 15 rooms right? $4 million buys you mansion with an ocean view here, noone sane is going to rent out the place room by room in such a place.
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divine061
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Aug 28 2014, 02:14 PM
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Getting Started

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QUOTE(alaskanbunny @ Aug 28 2014, 01:35 PM) well, probably that's why buying now is not on her mind... those that can afford to buy surely can afford to pay the taxes boarding house? it is 2 bungalows joined together... 7 big rooms in total.. no ocean view, slightly out of cbd.. well, owner's family used to stay there now migrated and now the owner uses it as her vacation home... extra rooms she decided to rent out well, to you might not be great but i am just letting ts know.. to know and to earn is 2 different thing.. if you wanna share yours to inspire ts please go ahead well you can brag how great you are this and that and belittle others... that's up to you... dont see how is that going to help ts Sounds exactly like a boarding house. FYI, depending on which state and council, say you have 3 rooms rented out to 2 to 3 couples, you need to apply for boarding house license. If it wasn't, then it is illegal. And there are hundreds of them in Sydney, its just not illegal until you are caught type of scenario. Once caught, you'll have 1 or 2 weeks before getting kicked out in most cases. This post has been edited by divine061: Aug 28 2014, 02:18 PM
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