Total Members: 158,541

50mill

  • 50mill replied to the topic Property bust not here yet … worse to come in the forum General Property 13 years, 7 months ago

    Yeah, thats true Dwolfe, Im no expert at budgetting my own money, darn, tyring to plan what i spend and where is such a mission. I guess a financially ignorant population can be much easier manipulated by the 'powers that be'?!

  • 50mill replied to the topic Perth/Australian house prices during great depression in the forum General Property 13 years, 7 months ago

    well, its last quater 2010 and house prices in Perth are still quite expensive. Nothing too dramatic has happened in the Australian economy, yet.Lets see what the next 2 years brings?

  • 50mill replied to the topic robert kiyosaki in the forum Opinionated! 13 years, 7 months ago

    I first read cashflow quadrant which opened my eyes and mind. It reinforced the emotions i had at the time and the goals i was chasing. im pretty much a fan of RK. After reading that book ive become an avid reader of many other books related to money. Ive attended seminars, had a couple of mentors which have helped me do a couple small deals in…[Read more]

  • 50mill replied to the topic Property bust not here yet … worse to come in the forum General Property 13 years, 7 months ago

    From my wider reading, but dont quote me, i have learnt that ALL governments in the developed world have and use US currency to trade with and store in their govt vaults – physically or digitally or whatever.When the US dollar weakens further it not only affects the US but every govt that holds US currency.So if the US currency weakens it means…[Read more]

  • 50mill replied to the topic Has 95% LVR returned yet? in the forum Finance 13 years, 7 months ago

    hey thanx, yes true – set up a SMSF then use that to deposit investments. However i'll be faced with approximately 2k p.a running costs. yes i understand.Im better off managing my super better, just means more research. In terms of coming up with a deposit im going to have to do something creative, just to cut the time in half. Maybe buy a…[Read more]

  • 50mill replied to the topic Has 95% LVR returned yet? in the forum Finance 13 years, 7 months ago

    haha nice one,  im actually 30 years off 64. I have spoken to a group called  – superannuation recall. Apparently, according to them, they are able to help me access my super. then i can use it for an investment property deposit or start a business. Now i may seem a tiny bit naive but this scheme sounds a little dodgy to me. So I didnt go thru…[Read more]

  • 50mill replied to the topic Has 95% LVR returned yet? in the forum What exactly do you mean by 13 years, 8 months ago

    What exactly do you mean by 'clean skin?' – ive been in my current job 7 months, and ive been renting the same flat for 2 yrs 8 months. Ive only got $1000 saved for a deposit so far. However i have $10, 000 saved in my super. i want to use it as part of my deposit before it flutters away in a sharemarket crisis, i just dont know who to speak…[Read more]

  • 50mill replied to the topic Property bust not here yet … worse to come in the forum General Property 16 years, 1 month ago

    Have read somewhere that when russia gets its shit together they are going to bid for business in china. They have a big mining sector and are looking at undercutting australia for chinese business!!!

  • 50mill replied to the topic Chan and Naylor accountants in the forum General Property 16 years, 2 months ago

    I actually need to find an accountant here in perth as im starting out again, great to know Mr Chan has an office in the CBD here!

  • 50mill replied to the topic Perth Property Investing Group (WAIP) in the forum Heads Up! 16 years, 2 months ago

    Hi,
    Im new to Perth. I would like to attend the next meeting as im looking to start investing.

    When and where is the next mtg?

    thanks,
    Loanwolf

  • 50mill replied to the topic BULGARIA Investments in the forum Overseas Deals 17 years, 10 months ago

    I just moved to london. Would it be crazy to leave here and move to Bulgaria instead. Get a job there, fully immerse myself in the language/culture etc and pursue financial freedom from Bulgaria instead of london. I mean its cheaper to buy property for one thing and I could see things from the inside- so to speak. It would be an experience. What…[Read more]

  • 50mill replied to the topic HOW TO PUT AN OPTION ON A PROPERTY? in the forum Value Adding 18 years, 9 months ago

    Its in Qld. The property is sitting on 800sqmtrs but it doesnt have any car parking or driveway. Its in a prime position but on a kind of a slope. The owner wants early 300’s but is willing to negotiate. If there was a way to get council to build an access kerb on the foot path, then maybe a level of carparks (groundlevel) could be built and…[Read more]

  • 50mill replied to the topic To reno or not to reno townsville units? in the forum Value Adding 18 years, 9 months ago

    [biggrin]

  • 50mill replied to the topic 50k in bank in the forum General Property 18 years, 11 months ago

    Dazzling that sounds like a great idea. What sort of commercial property should I be looking at?.
    Why comm. prop as opposed to a $100k residential property?

    Where can I find secure funds returning 15% or more?

    cheers
    LOANwolf
    (ive just moved up in rank – 2 green stars next to my name….YEEHAA!!)[biggrin][biggrin]

  • 50mill replied to the topic WORLD DEPRESSION 2006 – 2008 in the forum General Property 18 years, 11 months ago

    Well I hate to admit to being a simpleton, haha, but if I hadn’t read RK I wouldn’t have made 2 purchases and 2 sales of property. Hence I wouldn’t have discovered this site.

    Dazzling, I think you’re spot on, man. Due diligence is require for each individual IP. I think keeping basics in mind ie close to services, banks, shops, CBD etc is 1 of…[Read more]

  • 50mill replied to the topic qld developments, beginner! Needs a start! in the forum Value Adding 18 years, 12 months ago

    Ha Ha Ha Ha

    “JER-RY…JER-RY…JER-RY…JER-RY…JER-RY…”

    (oops, I thought we were on springer)[biggrin][chill]

  • 50mill replied to the topic NEW GOV. PLAN FOR SOUTH EAST QLD in the forum No Subject 19 years ago

    hi,

    I spose developing something in the highlighted area could be rewarding?
    What if I bought a big block of land cheaply, and held on to it for a little bit?
    What are the demographics of this area?

    cheers[biggrin][biggrin]

  • 50mill replied to the topic bedrooms 2 into 3 in the forum Value Adding 19 years ago

    What if you have a 1 bedrm unit with a space for 2 cars right next to the building?..
    Im wondering what complications there are if you would turn one of the carpark spaces into a 2nd bedroom!
    How would councils regulate in this instance?.

    ADDING VALUE?????????!!!!!!!!!!!!!![biggrin]

  • 50mill replied to the topic Name the BACKPACKERS in the forum Help Needed! 19 years, 2 months ago

    GDay team,

    How about ‘The Stink Bed’. Ha Ha
    Or “The mud and whistle’. He He, get it (the pig and whistle)……[biggrin][biggrin][biggrin]

    Good luck!!

  • 50mill replied to the topic 50k in bank in the forum General Property 19 years, 2 months ago

    Thanx Surrey,

    These are the ideas that I REALLY NEED TO HEAR RIGHT NOW.
    $50k is not much in this game we are playing, but its a good start for me (as inorder to aquire it ive learnt/experienced a bit).

    My next question is ‘am I working to save for another ip or just to pay my rent?’.
    If the latter, i may as well work part time instead using the…[Read more]

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50mill

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