[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 30, 2004 - 3:06 am

Originally posted by Shushar:

No – but are you volunteering to model for me???

Sorry I’m much too dainty & feminine to model a wedding dress [biggrin]

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 30, 2004 - 1:16 am

Originally posted by MiniMogul:

“If you make 100 lowball offers & one gets accepted…”

DISAGREE!! Firstly, a waste of paper. Save a tree! And it’s not going to end up building good relationships with agents, that’s for sure. it will annoy them.

Each to their own

And this isn’t a strategy I use, we tend to make 5 offers for every acceptance, but I do know someone with a substantial portfolio who does use this approach & is doing well from it.

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 30, 2004 - 1:08 am

Derek,

I have no opinion on the company, just on the pattern of posts

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 2:39 pm

Originally posted by kay henry:

Why not just enjoy life and do whatever makes you happy? Far out, life isn’t a strategic plan. I would rather be on my deathbed and think “wow- that was interesting” than still be stressing out about whether I’ve checked everything off my list.

Kay,

I don’t think you understand the nature of goals. They are not things imposed by your boss, or by others from outside you. They are not chains binding you.

They are the written representation of your personal passions. The signs that guide you to the places you’ve decided to go.

You can redefine your passions as often as you choose. The goals serve only as a rudder to help you check that the day to day decisions you make are taking you in the directions you wish to travel.

If you don’t have goals you can easily drift off course to undesired places.

Cheers,

Aceyducey

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April 29, 2004 - 2:25 pm

I’d expect prices in the lower bracket to rise to just below that $250 level & some properties in the $260 bracket to drop….

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 2:20 pm

Ditto see no point in stars. Let the moderators be starred perhaps so they are clearly set apart.

As for titles by level of contribution, again not really needed. The number is there – the title isn’t adding anything.

If you do wish to keep titles keep them neutral in tone & not misleading people into associating the poster’s title with their level of experience. Haven’t spent any time thinking up titles – too busy thinking up investment strategies.

I don’t mind terms like ‘new poster’, ‘infrequent poster’, ‘regular poster’, ‘frequent poster’ as the categories. It insinuates nothing other than the number of posts made.

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 8:22 am

Hmm…well it’s not reinventing the wheel to do things differently.

Many other people have done things differently in the past!

Every change in society, in laws, in technology creates new opportunities and modifies – perhaps even destroys – old ones.

Don’t draw blindly from the approaches that have worked in the past. Apply your experience and skills to improve the approaches.

We don’t need to bang stones together to generate fire anymore.

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 8:16 am

Hi Youngun – your long post would be appreciated.

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 7:09 am

Flash,

Have you experience in running businesses?

Are you prepared to spend three years building up the business before it replaces your current salary?

Do you know what type of business you wish to run?

Owning and operating a business involves a VERY different skillset to being an employee….take your time & do lots of research!

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 6:43 am

Nathan,

Steve has said in another thread that he’ll reply after this date.

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 6:42 am

Sylvester,

You need to build a relationship with some agents & buy the properties that DON’T get listed

Remember list price isn’t the same as the sale price.

If you make 100 lowball offers & one gets accepted, you’re now in the game.

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 6:39 am

Originally posted by Shushar:

[biggrin] Wow – I can’t believe the winning bid was US $3,850.00!!!

Maybe I should put my wedding dress on e-bay.

Shushar,

It depends – are you a large burly guy with tattoos?

[biggrin]

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 6:32 am

Well done Monopoly, you outdid me by 2 years.

No gurus involved either.

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 12:44 am

Guys,

He’s running free courses in Sydney, Melbourne & Brisbane in May – so take a look at them.

Link is: http://www.visionpursuit.com.au

A thread where people on Somersoft are discussing Allen (with some background on him) is here: http://www.somersoft.com/forums/showthread.php?t=15598

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 12:40 am

I did some network marketing back in the mid-90s, more to understand the system & access their tools and tapes than as a wealth creation strategy.

IMHO, network marketing is useful for teaching sales & small business management skills & for networking….a few people make a lot of money out of it. They can also be very motivational – though watch out if you’re an adrenalin junkie as they will satisfy your need…but may not deliver the other returns you want.

Ensure that you are ethically comfortable with the system & it is legal under Australian law. There are a few touted about that are right in the grey areas, but there are some good ones as well.

Checkout some of the Amway & Avon networks in particular – they are quite well established & provide very structured support.

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 12:35 am

Guys,

Get real here – you’re landlords, not amusement park owners.

It’s not about whether you WANT to give away stuff.

All that is important is:

How much does it add to the rent?
How much does it add to the value of the property?
Does it add to the long-term rental stability of the property?

Anything else is emotion.

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 12:21 am

Monopoly,

It’s not how much debt you have, it how much your assets are worth & whether you can repay the debt!

Personally I believe that when starting out 95% LVRs are fine. I get concerned when people start out with greater than 100% loans – particularly right now!

(that also goes for companies – I don’t buy shares that have more debts than assets!)

As time goes on it’s a good idea to reduce the LVR % and build your equity – after all you’re trying to MAKE money for you, not for the bank!

How low you take your LVR is really personal choice. Some people like owning outright, some keep their LVRs under 50%.

Personally, we’re now around the 70% mark ATM and more focused on diversity rather than reducing it further. In fact we may increase it slightly to use equity in other types of investments

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 29, 2004 - 12:15 am

Per the other responses, number 1 make sure you do it all legally and properly.

It protects all of you against potential future issues, family breakdowns & the like.

Prevention is the best cure!

Cheers,

Aceyducey

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 28, 2004 - 11:57 pm

Noticed that too Derek

Will ensure the other forum is aware…

[AceyduceyParticipant@aceyduceyJoin Date: 2003Post Count: 651]

April 28, 2004 - 11:54 pm

That’s true Dan

The accountants we speak to in Au have all been very open about their lack of experience regarding NZ laws.

Cheers,

Aceyducey