g’day crashy

i know this is a differnt forum but need some advise on buying some +ve geared shares on margin.

im still not that convinced about the share market so was wondering is there a ‘fund’ that is positive that will allow you to gear??

is this possible – if not got any suggestions??

cheers

here are some reasons you would put your best offer first

– market is undervalued and you want to buy quickly

– the home has a price on it that is cheap. ie if you try and negotiate, someone else might come in and buy it from underneath you

– at an auction. the knock out bid. valid tactic

– the home is perfect for you. ie you really cant…[Read more]

g’day

some confusion i think

the advise never said pay top dollar.

it said sometime its best to put your ‘best offer’
on the table first.

no comment about paying top dollar

there is a difference

shezian

they are tough to find. and your question is legit

maybe you could ask him tonight at his book launch
in melbourne….

(IN A QUIET MOMENT AFTER EVERYONE HAS LEFT)

i reckon the answer is that they are there except now we have to look further than our own back yards.

the other answer is to wait a few years until the market has re-shaped…[Read more]

morning westan

and to think i thought you were talking about
max walkers 100 wackiest cricketing stories 15th edition.

[]

are we finished with this thread now?

just to clrify a little though[]

sometimes as an investor putting in your best offer first can be a good strategy.

especially if you think the market a whole is undervalued.

for example i dont think steve spent too much time negotiating when buying 25 properties in such a short time.

also if i find a +ve cashflow property showing me 30 pct…[Read more]

no – not good advise for an investor. ok advise for a home hunter.

as an investor you should be trying everything w/in reason to get a bargain.

the most money is made at the pruchase. purchase under the market and you have made money.

the best tip to negotiating is never fall in love with the product – be prepared to let it go if it doesnt meet…[Read more]

hi melanie – its 11 c here in melbourne so my khaki shorts are hibernating for a few more months.

hey trueblue – i reckon returns were 15-20 pct 1 year ago. i need 15 pct as a buffer againsts a population that is shrinking

also reckon capital gains will be good for next 12 mos atleast as the property market continues to bubble along.

[]

good point

i think most of us concentrate on +ve cashflow and servicability and forget a little about the overall debt issue

i guess the point is that as long as you can service the debt then it shouldnt matter.

ie if you have 20 properties worth 2 million and a debt of 1.5 million, it is ok because you have 20 income streams servicing that…[Read more]

hey trueblue (sounds like the start of a song)

any chance you can tell us the crux of the article

im guessing it suggests the market has been swamped by mainlanders looking for investments and holiday shacks and thus pushing up the prices.

and the other one says tasi still represents good value because the mediun prices are still well below the…[Read more]

g’day guys – one last comment

mini – i think yr great. you see the good in everyone… but

on rk – i think..

rk – is a great marketer. rich dad was made up or is a mixture of a few people. and this isnt a crime – he should just say so.

the problem is no-one would buy his books if the premise was one of fiction.

now that his entire empire is…[Read more]

g’day westan

i know the book yr talking about and i also hold it in high regard..

but that one has stood the test of time

so no its not a confession

but i hope you get my point

quick question

if on this forum i was to pretend i had 40 investment properties all around australia and new zealand and subsequently other forumites came to me for advise etc etc and my supposed success was incentive for them to follow this advise and then you found out i am some smart alec 22 year old with no properties and just a business…[Read more]

by the way, interesting comment

‘vietnam or vermont’

lots of +ve cashflow properties in south east asia
which i can vouch for personally having lived there for a few years.

looks like this thing is spreading

tks steve, just checking if you were listening
[]

– good to get some clarification.

i was just worried that people would get the impression that they to can go out and buy 25 properties in 4 days right from the start using the system in your book. wch is not the case.

cheers

here is the skeptic in me

steve if youve just bought 25 properties in 5 days
why did it take you 3.5 years to buy 130.

throwing around numbers like that is irresponsible and seems to be perfectly time with your book launch.

how about some clarification

– were they positive cashflow
– how come no one else on the forum can find them
– were they…[Read more]

g’day

just on medians and averages

i live in a suburb where the medium house price
wch gets reported evry 3 months??? goes something like this

1st quarter – aud 475,000
2nd quarter – aud 398,000
3rd quarter – aud 550,000
4th quarter – aud 425,000

the highest median house price for the suburb was infact back in 2000 when for a qarter it was…[Read more]

close to 600 readers and 2 maybe 3 +ve cashflow properties

olorin sledge – did the numbers stack – up??

happy hunting[8D]

cheers

rentmaster

thanks for the pointer

im looking at nz at the moment and didnt realise
there were few fixed terms.

not sure how i feel abbout this from an investors point of view.

i would prefer to know ive got a tennant locked in for a time. makes it a little harder for them to move at a whim and guarantees your income a little

any idea if there…[Read more]

g’day diva

good return but doesnt meet the 11 second rule

ps – wish i was playing your game

he he[][][]