PropertyInvesting.com | 50mill | Activity https://www.propertyinvesting.com/members/50mill/activity/ Activity feed for 50mill. Sun, 12 Apr 2026 07:28:00 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 a1ade1a7639f7f341ad3f67e1d8c3759 50mill replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/34/#post-4549105 Sun, 03 Oct 2010 14:05:15 +0000 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'?!

]]> 3081a5e72a3299e2e0ef6397927f49b0 50mill replied to the topic Perth/Australian house prices during great depression in the forum General Property https://www.propertyinvesting.com/topic/4394811-perthaustralian-house-prices-during-great-depression/#post-4596008 Sun, 03 Oct 2010 13:17:58 +0000 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?

]]> c5952870beed489e7a073c331fe2cfaa 50mill replied to the topic robert kiyosaki in the forum Opinionated! https://www.propertyinvesting.com/topic/4393548-robert-kiyosaki-3/page/2/#post-4589298 Sun, 03 Oct 2010 04:02:41 +0000 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]

]]> 456fbf881351b242df2cfd6960060ecd 50mill replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/34/#post-4549092 Fri, 01 Oct 2010 11:39:52 +0000 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]

]]> f0c7badaec22f5303d1e8d9c3c53d901 50mill replied to the topic Has 95% LVR returned yet? in the forum Finance https://www.propertyinvesting.com/topic/4401306-has-95-lvr-returned-yet/#post-4632543 Fri, 01 Oct 2010 02:10:04 +0000 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]

]]> 62a1a73ce9188ae7492217d1d1cae419 50mill replied to the topic Has 95% LVR returned yet? in the forum Finance https://www.propertyinvesting.com/topic/4401306-has-95-lvr-returned-yet/#post-4632541 Fri, 01 Oct 2010 01:15:12 +0000 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]

]]> 9515dd2936e5cadab0726e420ec22af3 50mill replied to the topic Has 95% LVR returned yet? in the forum What exactly do you mean by https://www.propertyinvesting.com/topic/4401306-has-95-lvr-returned-yet/#post-4632536 Tue, 28 Sep 2010 10:28:18 +0000 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]

]]> 376a0a4b8d10f198c3ad711afa8e3368 50mill replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/21/#post-4548827 Wed, 16 Apr 2008 14:39:59 +0000 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!!!

]]> e38b581c3bf30d3e3e2678c118871f39 50mill replied to the topic Chan and Naylor accountants in the forum General Property https://www.propertyinvesting.com/topic/4392086-chan-and-naylor-accountants/page/3/#post-4581568 Mon, 24 Mar 2008 10:21:33 +0000 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!

]]> fd9d1cb93ef2083d81b30c558d723794 50mill replied to the topic Perth Property Investing Group (WAIP) in the forum Heads Up! https://www.propertyinvesting.com/topic/4392435-perth-property-investing-group-waip/#post-4583327 Fri, 29 Feb 2008 13:37:25 +0000 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

]]> 474278441a6edf4c5be790c3f7fa3688 50mill replied to the topic BULGARIA Investments in the forum Overseas Deals https://www.propertyinvesting.com/topic/4385168-bulgaria-investments/#post-4545894 Fri, 07 Jul 2006 18:23:18 +0000 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]

]]> f628efd163adc398ba8ee27759db96fd 50mill replied to the topic HOW TO PUT AN OPTION ON A PROPERTY? in the forum Value Adding https://www.propertyinvesting.com/topic/4381727-how-to-put-an-option-on-a-property/#post-4526539 Thu, 18 Aug 2005 13:11:04 +0000 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]

]]> 503ee2f40b67e65628d9e68d61992678 50mill replied to the topic To reno or not to reno townsville units? in the forum Value Adding https://www.propertyinvesting.com/topic/4381577-to-reno-or-not-to-reno-townsville-units/#post-4525545 Wed, 17 Aug 2005 10:02:55 +0000 [biggrin]

]]> aa381475df52ce22d84ef3ee620a4558 50mill replied to the topic 50k in bank in the forum General Property https://www.propertyinvesting.com/topic/4379143-50k-in-bank/#post-4509093 Tue, 07 Jun 2005 05:36:42 +0000 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]

]]> 884b1c2d0d0c489692ccca678343f8f6 50mill replied to the topic WORLD DEPRESSION 2006 - 2008 in the forum General Property https://www.propertyinvesting.com/topic/4380633-world-depression-2006-2008/#post-4519092 Tue, 07 Jun 2005 01:07:56 +0000 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]

]]> b4b33ffb646d93e3de19fac83b6b0579 50mill replied to the topic qld developments, beginner! Needs a start! in the forum Value Adding https://www.propertyinvesting.com/topic/4380528-qld-developments-beginner-needs-a-start-2/#post-4518379 Wed, 01 Jun 2005 13:39:40 +0000 Ha Ha Ha Ha

“JER-RY…JER-RY…JER-RY…JER-RY…JER-RY…”

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

]]> cbd1200a74ed9a9076bf8072189bf813 50mill replied to the topic NEW GOV. PLAN FOR SOUTH EAST QLD in the forum No Subject https://www.propertyinvesting.com/topic/4380001-new-gov-plan-for-south-east-qld/#post-4514221 Sun, 22 May 2005 08:02:16 +0000 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]

]]> 0e7b147b5581a127ed1dcab1c3895943 50mill replied to the topic bedrooms 2 into 3 in the forum Value Adding https://www.propertyinvesting.com/topic/4379807-bedrooms-2-into-3/#post-4512976 Sun, 01 May 2005 15:12:50 +0000 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]

]]> a718b2b1833c2b2913e911b9d6bc453d 50mill replied to the topic Name the BACKPACKERS in the forum Help Needed! https://www.propertyinvesting.com/topic/4378720-name-the-backpackers/page/2/#post-4506412 Mon, 21 Mar 2005 13:37:03 +0000 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!!

]]> 1ff5255b9b3a224b32f111ef04c83d1b 50mill replied to the topic 50k in bank in the forum General Property https://www.propertyinvesting.com/topic/4379143-50k-in-bank/#post-4509082 Mon, 21 Mar 2005 13:25:10 +0000 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]

]]> 5fd2b0bfd51f74a60617a95001767817 50mill replied to the topic cant wait!! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4379232-cant-wait/#post-4509662 Mon, 21 Mar 2005 13:12:26 +0000 cheers mate!![comp]

]]> 481587b98b31b820ba22e4f79660dc65 50mill replied to the topic The risks of Property development in the forum Value Adding https://www.propertyinvesting.com/topic/4379098-the-risks-of-property-development/#post-4508884 Sun, 20 Mar 2005 07:59:05 +0000 GDay team,
Im glad some one else in this forum has had to quietly duck out of work at lunchbreak to sign contracts, whisper on the phone whilst keeping a low profile in the back store room at work, beg the boss for an extra hour at lunch to visit a sick reli (when you really have to inspect a potential property!!), read investing info on the side…[Read more]

]]> 7a62f39a780e2d32fd7acff05563540d 50mill replied to the topic The benefits of property developing in the forum Value Adding https://www.propertyinvesting.com/topic/4379213-the-benefits-of-property-developing/#post-4509468 Sun, 20 Mar 2005 07:18:00 +0000 GDay team,
I am assuming you all have enough cashflow coming off your investments to fund your lifestyle completely.
Can some one please tell me how you started. Anyone work part time to pay their own bills whilst also doing a development on the side?.
If so how long did it take until you made enough cash to live off and stop ‘working for somebody…[Read more]

]]> ece44af97a089e2b2dca83c8e0d56712 50mill replied to the topic 50k in bank in the forum General Property https://www.propertyinvesting.com/topic/4379143-50k-in-bank/#post-4509080 Tue, 15 Mar 2005 12:26:28 +0000 Thanx Guys

I am now recalling various bits of info: length of investments, risk etc.
Maybe I could wait for another drop in interest rates and snatch a bargain some where??
Maybe I could quit my job, live off the amount of cash ive made as well as invest in IP ‘s full time. Is Steve Mcknight signing up any new players for his ‘1 mill worth of…[Read more]

]]> 9cd87165f9b17673ad08fb83d6557c6c 50mill replied to the topic Positive cash flow in the forum Value Adding https://www.propertyinvesting.com/topic/4378287-positive-cash-flow-3/#post-4504037 Mon, 31 Jan 2005 13:16:54 +0000 Hi CM,

I’ve read all about the ‘seachange’ and seen it happening, but could you please tell me/us about the GREENCHANGE.

Im aware of the ‘hinterland factor’, but I havent read much about it apart from Mathew Matusik in an API mag awhile ago.

Where else can I read about this.

Cheers
LOANwolf…[cap]

]]> b49ca5c643c4daa1d4a743a5202c184d 50mill replied to the topic Trusts in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4378291-trusts-8/#post-4504066 Mon, 31 Jan 2005 13:01:55 +0000 I NEED ADVICE..

I’ve have just LIQUIFIED my PPOR (cashed in, sold, offloaded, got rid of, etc..).
Well, to be accurate settlement is in 3 wks. Now Im expecting a profit running in the tens of thousands. All my years of character development, reading, learning, due diligence are starting to pay off….Thanx team.
I want to find somewhere to park…[Read more]

]]> 8e9ea15218861504277756ae0b86d7b8 50mill replied to the topic Which City/Suburb you live? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369744-which-citysuburb-you-live/page/11/#post-4442407 Mon, 31 Jan 2005 12:29:29 +0000 Gday Team,

Im an x-pat Aucklander living in Hyde Pk (3km to CBD), Townsville, NTH QLD!! Yeah baby…..

CANT WAIT TO BECOME AN ESTABLISHED FORUM CONTRIBUTER!!!! ha ha.[baaa][baaa][baaa][cap]

]]> f64fc17455b0a9a700e6207f089afe13 50mill replied to the topic developers start in the forum No Subject https://www.propertyinvesting.com/topic/4377927-developers-start/#post-4501717 Sun, 16 Jan 2005 03:24:16 +0000 Hi all,

I was down in Brizzy and picked up an informative little book on prop. devlpt.

‘An intelligent guide to Australian Property Development’ – by Ron Forlee.

Im only quarter way thru it. So far it has given me an insight to developing and im realising that there are alot of aspects to cover for any development.
Bloody good book. Maybe…[Read more]

]]> 169042eef6c9707a44ede96166248e29 50mill replied to the topic looking for a real estate mentor in the forum No Subject https://www.propertyinvesting.com/topic/4377674-looking-for-a-real-estate-mentor/#post-4500123 Sun, 16 Jan 2005 02:33:50 +0000 Ha, Ha, you’ve been busted Jack. Nice try though.[biggrin]

]]> 1c3d2a71ed62257170334370be8cfff9 50mill replied to the topic 1 mill' in 1yr in the forum General Property https://www.propertyinvesting.com/topic/4378018-1-mill-in-1yr/#post-4502301 Sat, 15 Jan 2005 09:04:34 +0000 Thanx Steve, figuring out when I want to retire from the rat race and on how much, are my two priorities. [cap]

]]> 7a0725cfd0d7cc6fbaa19bbc7ad2ce64 50mill replied to the topic Positive Cashflow Properties-Are there any around? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378016-positive-cashflow-properties-are-there-any-around/#post-4502271 Sat, 15 Jan 2005 05:22:37 +0000 G’Day team,
Speaking for myself, If I quit my job and live off a little bit of released equity that I hopefully will make (waiting for ‘unconditional’),
I believe I’ll be able to spot the hidden gems that are lying around the place and take the initiative. I now have learnt that this game is a people game so if I can help find a solution to…[Read more]

]]> a86fdab3b2f574e9c90424aac43a9e54 50mill replied to the topic greatest asset - your job???? in the forum No Subject https://www.propertyinvesting.com/topic/4377554-greatest-asset-your-job/page/2/#post-4499133 Sat, 15 Jan 2005 04:38:06 +0000 I agree, however in my situation some character flaws have been discovered on my part – laziness, procrastination to name a couple. I really have to address these as I’ve had oppertunities pass me by due to my inequities??!!..

]]> d54c19aa61f3a182b961ffaa61f459b7 50mill replied to the topic BOUGHT 2 x NZ PROPERTY - WHAT NEXT in the forum Overseas Deals https://www.propertyinvesting.com/topic/4377015-bought-2-x-nz-property-what-next/page/2/#post-4495640 Sat, 15 Jan 2005 03:23:51 +0000 G’Day team,

I’ve been told the Hawkes Bay region is ‘taking off’ or is it the Tauranga area? or the Coromandle peninsular? any way it seems some little pockets [biggrin]are becomming too expensive, or so i’ve been told anyway..

Cheers

]]> 749bed05ca4879f41bdbbbf13732fea6 50mill replied to the topic Robert T. Kiyosaki in the forum Heads Up! https://www.propertyinvesting.com/topic/robert-t-kiyosaki/#post-4502386 Sat, 15 Jan 2005 02:39:22 +0000 Of course….[biggrin][cap]

]]> 739b8c8662aacc82bd2d16afa7df6522 50mill replied to the topic greatest asset - your job???? in the forum Opinionated! https://www.propertyinvesting.com/topic/4377554-greatest-asset-your-job/page/2/#post-4499131 Fri, 14 Jan 2005 16:41:17 +0000 Well I really hate my job – In some ways it has caused me to have low self esteeme, its starting to take its toll on my body physically and now emotionally. Im trapped until the end of my contract(sep 05 yay!!) but ’till then I have to knuckle down aswell as put up with the immaturity, minor adultry?, minimal violence, a tiny bit of racism (we’re…[Read more]

]]> b449f0691c1ff8dc80e4e8230d25f14b 50mill replied to the topic 1 mill' in 1yr in the forum General Property https://www.propertyinvesting.com/topic/4378018-1-mill-in-1yr/#post-4502299 Fri, 14 Jan 2005 16:05:22 +0000 G’Day team,
As I continue to read Steve Mcknights latest, the issue of building my wealth first and having assets pay my lifestyle are reinforced. Im glad there are a few options for me. Yes I still want to travel while still single but I also wish to develop property and own $+ve IPs. Just gotta work on a plan. A working holiday sounds ideal for…[Read more]

]]> 0945a365c65f00ec88b87b7898c13f98 50mill replied to the topic 1 mill' in 1yr in the forum General Property https://www.propertyinvesting.com/topic/4378018-1-mill-in-1yr/#post-4502294 Thu, 13 Jan 2005 16:12:18 +0000 I was thinking of saving 50% and keeping the remaining 50% for travel. So with about approx 25k can I still deposit a few IPs, even if unemployed aswell?? I hope so.

cheers
loanwolf

please reply

]]> efdb76765871b0da73d6a59cd62e6e95 50mill replied to the topic Who should be in the Your Mortgage magazine but?? in the forum Heads Up! https://www.propertyinvesting.com/topic/4375356-who-should-be-in-the-your-mortgage-magazine-but/#post-4485640 Sat, 14 Aug 2004 07:39:28 +0000 G’Day SIS,

Im inspired to read about you in the Mortgage mag!. I found it even more interesting that you didn’t do well in school. I too have failed accademically. My Mum made me do year12 3 times and I failed all 3 times, I dropped out of uni, dropped out of tafe courses etc.. etc, im now a cook in the army and im about to drop out of here…[Read more]

]]> 9b33875a119f6abc3f319a453cf4a087 50mill replied to the topic Glad you could be here! in the forum Value Adding https://www.propertyinvesting.com/topic/4375388-glad-you-could-be-here/#post-4485855 Mon, 09 Aug 2004 10:41:20 +0000 Hi team,

Sorry, im glad you’re all here!. My place of residence is a 2 bdrm twnhse/unit close to all conveniences which I bought undervalued for $105k. It is apprx 25 years old and I owe $99k. Similar properties in the area are selling at $30,000 more than mine. If I do a little bit of work on my unit Im sure I can sell for a similar…[Read more]

]]> 54518f9132f84f98b30db0ccfef9eca9 50mill replied to the topic [moved] Property Development Courses in the forum Value Adding https://www.propertyinvesting.com/topic/4372801-moved-property-development-courses/#post-4467061 Fri, 06 Aug 2004 11:27:46 +0000 Gday team,

Thanks for the ideas. Very helpfull as I wish to become a developer…I think..and any directives would be most welcome.

Cheers.
Tycoon[biggrin]

]]> 34eb666c05b261c71f2fab0eaa967bfd 50mill replied to the topic Stock of cf+ re in the forum Opinionated! https://www.propertyinvesting.com/topic/4373516-stock-of-cf-re/#post-4471977 Sat, 15 May 2004 12:42:14 +0000 Hi all,
This is such a tiresome proccess is it? (building wealth), surely doing a bank job would be much easier..ha, ha, just kidding..im tired of delaying gratification…………[hmm]

]]> 27a48da0989eda8c318ed8398bd1cd5d 50mill replied to the topic It worked! in the forum General Property https://www.propertyinvesting.com/topic/4371363-it-worked/#post-4455153 Thu, 25 Mar 2004 16:57:36 +0000 HI guys,
Yep, ive just moved into a 2bdroom townhouse/unit 3.2 km’s from the Townsville CBD. It has a small courtyard out back, carport, upstairs/downstairs, and its the last unit in the block (9 units) hence I have a bit more space to use with the adjacent strip of lawn which legally belongs to me!. Potential +++
I can turn it into a fenced off…[Read more]

]]> c249d50ba637fed3c1daf4ff5a3692c9 50mill replied to the topic Go overseas or not?! in the forum Opinionated! https://www.propertyinvesting.com/topic/4372101-go-overseas-or-not/#post-4461402 Thu, 18 Mar 2004 09:33:27 +0000 Hi everyone,

Im thinking to buy a few $flow +ve IPs before heading over to Euro or US late next year. What books can I read to help me set up my IPs so that they wont need too much assistance whilst im away for a year or 2 wandering around the Meditereinian or drinking in Manhatten somewhere??
Hey, I hear that property in Prague is very cheap and…[Read more]

]]> 1148061018a16584449c1ad5dca84079 50mill replied to the topic Too hard!!!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4372099-too-hard/#post-4461390 Thu, 18 Mar 2004 09:18:53 +0000 Hi everyone,

Thanx for your help. I have been able to purchase a hiset 2bdrm qlndr, in a culdesac, 200mtrs from the bus stop, 300mtrs from the taxi stand, down the street from the local shopping mall + high school + tafe + hospital and 2.5km from the Townsville CBD. To top all this off the house was sitting on a quater acre block….Potential…[Read more]

]]> 552f0c9488316d2cc0f2fa2168debd55 50mill replied to the topic How to become a fortune teller and maker in the forum General Property https://www.propertyinvesting.com/topic/4371483-how-to-become-a-fortune-teller-and-maker/#post-4455973 Wed, 25 Feb 2004 09:45:13 +0000 my own due diligence, which is no where near perfect, points to the Qld area steadily moving ahead. There is a buzz in the air up here. Inferstructure is being developed in places like Townsville etc. I’m here on the sunshine coast, and locals reckon the place is crying out for more services, roads etc. In 5 years the popn will be huge here! But I…[Read more]

]]> 12aff1d8ee1fac121b0bc79651b77dad 50mill replied to the topic Qld property could "go" again. in the forum General Property https://www.propertyinvesting.com/topic/4371332-qld-property-could-go-again/#post-4454899 Thu, 19 Feb 2004 14:06:15 +0000 I read the ‘courier mail’ 6 months ago and it did an article on the growth corner of SE Brisbane, specifically the area stretching from the airport over the river to Tingalpa, Hemnant etc. Apparently this area has been singled out as a possible commercial corridor in anticipation and preparation of the popn. growth ahead.
It also stated that to…[Read more]

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