Gotta listen to ZIZ Hui as he really knows his stuff. Many years in the market mkaes for sage advice. Thanks for reminding me of the cycle ZIZ. Now about the Wave effect……..

Enjoy
AD [:0)]

“A successful person is one who can lay a firm foundation with the bricks that others throw at him.”
-David Brink

To EnjoLady….this was my first reno but it was my 7th property. (number Eight settled today).
As to Ozchick I once asked similar questions of a friend whom I consider helped me enormously to get to where I am. He would not tell me the places only in Brisbane locale so that I would go out and look. I’ll say that I live in Brisbane and leave it at…[Read more]

I have two good friends who are financial planners in their early 30’s and neither of them has any investments bar their own property (which they are not paying of actively). It brought home the point that they are just salesmen. These guys are great mates but they do not get it. I will have left the rat race long before them and yet they had all…[Read more]

It went unconditional today….woo hooo !!!

Must take my ever patient wife out to dinner with some of the profits.

Enjoy

Enjoy
AD [:0)]

“A successful person is one who can lay a firm foundation with the bricks that others throw at him.”
-David Brink

Rob I would suggest that you call the office of state revenue. They can tell you the most accurate answer….
Their number is 1300 300 118.
Hope this Helps

Enjoy
AD [:0)]

“A successful person is one who can lay a firm foundation with the bricks that others throw at him.”
-David Brink

Agreed….

Enjoy
AD [:0)]

“A successful person is one who can lay a firm foundation with the bricks that others throw at him.”
-David Brink

Hey Tamara,
Welcome to PI.com []….(thanks Bruce for the nifty name).

Can I ask a few questions……

Where are you wanting to invest ?
What sort of investments are you wanting to make ?

These may help people offer assistance.

Enjoy
AD [:0)]

“Don’t dwell on reality; it will only keep you from greatness.”
-Rev. Randall R. McBride, Jr.

I fully agree with Birdman on this one. Setting up an LOC also gives you some bargaining power too. If you can go in and offer a cash transaction and buy the property out of your LOC then refinance after. This enables you to move quickly and offer agressively.
Hope this helps.

Enjoy
AD [:0)]

“Don’t dwell on reality; it will only keep you from…[Read more]

Hey Bruce……thanks for the compliment but I think you over exaggerate my input and under exaggerate your input. I thank you for how succinctly you are able to quantify a situation for all of us. your experience is invaluable for relative newbies like me. Will look forward to catching up in Melbourne if not before.

Enjoy

Enjoy
AD…[Read more]

I will get those details tomorrow Bruce. I’ll post them tomorrow so you can grab them. Are you going to the next Property Masters Seminar ??

Enjoy
AD [:0)]

“Don’t dwell on reality; it will only keep you from greatness.”
-Rev. Randall R. McBride, Jr.

Do you have any investmnent properties Sushi ??
If so would this not derive you an income….even if it is a loss ??
Enjoy
AD

Enjoy
AD [:0)]

“Don’t dwell on reality; it will only keep you from greatness.”
-Rev. Randall R. McBride, Jr.

So Lance how is the business plan going this year. Very ambitious but I am sure you can do it. Made me look twice at what I want to do and think I may be underachieving.
Enjoy

Enjoy
AD [:0)]

“Don’t dwell on reality; it will only keep you from greatness.”
-Rev. Randall R. McBride, Jr.

Edited by – deero@optusnet.com.au on 07/02/2003 1:38:29 PM

Arnaldo,
I did the landscaping but had contractors do the work. As far as Reno’s go I have had our house renovated and I have seen a few things but the biggest motivation was listeneing to Geoff Doidge and Paul Eslick at the Sydney event (property masters that Steve organises) who motivated me to keep pressing on and take action. They are a funny…[Read more]

Thanks Kaza,
As to the help…..I’m just a bozzo who someone else helped so I always try and help others.
Enjoy
AD

Enjoy
AD [:0)]

“Don’t dwell on reality; it will only keep you from greatness.”
-Rev. Randall R. McBride, Jr.

How do you find the Program by John Fitzgerald.

Enjoy

Enjoy
AD [:0)]

“Don’t dwell on reality; it will only keep you from greatness.”
-Rev. Randall R. McBride, Jr.

I’ve only done one Wrap to date Harry but I am planning another 6-8 this year. I feel that I have a reasonable understanding so fire away the questions. Don’t forget we have a few people here on site who have done well over 20 wraps.
Always open to chat about them.
Enjoy
deero@optusnet.com.au

Enjoy
AD [:0)]

“Don’t dwell on reality; it will…[Read more]

Mate sounds like you need to buy a wrap kit…

Worth investing in one. But to answer your questions (even though the wife will kill me as it is late). You really need a solicitor to do the paper work. There is a list on the Vendor Finance assoc site (www.financewraps.asn.au) which provides solicitors, etc. Alternatively post which state you are…[Read more]

Unless you can substitute another property into that loan then there is no longer any underlying concern hinging the equity so my untrained opinion would be you are correct Roofarmer. Hey you L/O people out there…..is Roofarmer right ??

Enjoy
AD

Enjoy
AD [:0)]

“Don’t dwell on reality; it will only keep you from greatness.”
-Rev. Randall R.…[Read more]

Hey Go girl,
I have a wrap that is about 3 hours from me and it works like a dream. Found the right people and the money works well. I am looking at some rentals there next week and that will involve using a good rental agent that I will source while I am there. My other properties are about 1 hour from home and I am lucky as I have a good agent…[Read more]

Hey Sushi ,
Well done for asking the question…..your journey has just begun.
As Harryson says you must get a plan. There is a lot of info here and I would suggest sitting down one night ( or a few) and reading back as far as you can on the forum. That will give you a lot of info and a lot more questions which you can then ask here again. There…[Read more]