PropertyInvesting.com | Bandit | Activity https://www.propertyinvesting.com/members/bandit/activity/ Activity feed for Bandit. Sun, 12 Apr 2026 03:34:15 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2543d5ca918ece2e38c773c6603d56d3 Bandit replied to the topic 11 ss also applicable to Commercial Property? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368276-11-ss-also-applicable-to-commercial-property/#post-4430658 Sun, 28 Sep 2003 12:21:26 +0000 You really have to do the sums on each individual case. As long as it’s cashflow positive it’s OK by me.

Make sure you take into account any possible fluctuation in your outgoings. Remember, the tenant won’t pay extra rent, but the electrics might break, the lease ends, interest rates rise etc.

So long as you’ve got a built-in safety factor…[Read more]

]]> 7cd3ee0e349b115173775490e4323e65 Bandit replied to the topic 11 ss also applicable to Commercial Property? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368276-11-ss-also-applicable-to-commercial-property/#post-4430655 Sun, 28 Sep 2003 12:10:39 +0000 Hey Monster, you just beat me to the punch. My screen flickered while I was typing and I thought someone must have gotten in before me…[8D]

]]> fea987eb532f97ccf9833ae1014f4534 Bandit replied to the topic 11 ss also applicable to Commercial Property? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368276-11-ss-also-applicable-to-commercial-property/#post-4430653 Sun, 28 Sep 2003 12:07:50 +0000 One BIG error in your calculations. [:(]
You have to divide the weekly rent by 2 prior to multiplying by 1000.

Therefore.
$351 per week / 2 = $175
$175 x 1000 = $175,000

Doesn’t actually fit 11 second solution. [:(] But don’t automatically write it off. Look at other options. Also remember, that the calculations are on the price the vendor wants…[Read more]

]]> 4ae7c3d2008b224a34252ddfbca79e85 Bandit replied to the topic Mighty Brisbane Lions in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368259-mighty-brisbane-lions/#post-4430460 Sun, 28 Sep 2003 11:35:12 +0000 Hey Pinky…… Rugby World Cup.

Utt Ohhh. Lots more footy to come.[:D]

Enjoy the coming weeks[;)]

]]> a0386a77074bf9e379eb08f7f06186d2 Bandit replied to the topic first ip in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368234-first-ip-2/#post-4430377 Sun, 28 Sep 2003 11:32:16 +0000 I have only two words for you.

EQUITY MATE!! – said with appropriate accent.
(thanks to CBA)

]]> 15c16ed3443ee40282976e88300ae7de Bandit replied to the topic All around the world in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368267-all-around-the-world/#post-4430496 Sun, 28 Sep 2003 11:28:24 +0000 So true wayneL.
I had that in my initial post, but somehow deleted it[:D]

I’m sure overseas investing isn’t as simplistic as it might initially sound. Although I’d be happy to be proven wrong…. might even encourage me to get involved.[;)]

]]> 5b1196d285a9ef050f3da4a9d2adb05b Bandit replied to the topic " The time has come " the walrus said.. in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368275-the-time-has-come-the-walrus-said/#post-4430631 Sun, 28 Sep 2003 11:23:35 +0000 So Pinky you get to see Arty’s tats!!!! Do tell…….

]]> aaf88cf306edc9ab0c59d46a141f72a4 Bandit replied to the topic All around the world in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368267-all-around-the-world/#post-4430494 Sun, 28 Sep 2003 11:11:03 +0000 Investing overseas is certainly an attractive option, especially with the difficulty in finding quality positive cashflow properties. There must be plenty of issues that you HAVE to be aware of though. For example, Argentina is not just in a property recession, the whole country is in chaos…. Also, Argentina is reknowned for it’s volatile…[Read more]

]]> 8f2ceea911806258c22a85671e53523e Bandit replied to the topic How to find cashflow Positive Investments in the forum General Property https://www.propertyinvesting.com/topic/4368232-how-to-find-cashflow-positive-investments/#post-4430370 Sun, 28 Sep 2003 11:02:00 +0000 Jasonv,

Do you have any idea of WHERE in Brisbane your friend has found positive cashflow…. None of the properties I have looked at have come anywhere near it. Being a Brisbane-boy myself I’m very curious[?]

]]> 80e8bca7a49ce310bcdf8953d30eb9ec Bandit replied to the topic Real Deals ? - 11 second rule in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368150-real-deals-11-second-rule/page/2/#post-4429892 Sun, 28 Sep 2003 10:57:26 +0000 Ahhh, Rugby……… Go the WALLABIES!![:D]

]]> e4e8819823e5cf86b2318e3a4ab40976 Bandit replied to the topic 11 ss also applicable to Commercial Property? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368276-11-ss-also-applicable-to-commercial-property/#post-4430650 Sun, 28 Sep 2003 10:51:42 +0000 I have seen some Commercial Property which easily accounts for the 11 second solution. Another great aspect to Commercial Property, as Steve describes in his book, is that the outgoings are frequently paid for by the tenant.[:)]

Unfortunately, I’m still too poor in absolute terms to afford the deposit. Most of the truly lucrative deals (i.e. 30%+…[Read more]

]]> 5630acba444c34b2782b4d1dd5bc9000 Bandit replied to the topic spotters fees in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368091-spotters-fees/#post-4429561 Sun, 28 Sep 2003 06:52:30 +0000 Further to the initial thread……
What sort of numbers do you think of when you hear “spotters fee”??? Are you talking flat amounts or percentages?

]]> a89f701447e398612d1601441cfb5c8d Bandit replied to the topic What does one listen to in the forum Forum Frolic https://www.propertyinvesting.com/topic/4368154-what-does-one-listen-to/#post-4429916 Sun, 28 Sep 2003 06:51:13 +0000 At present listening to the Warriors vs Panthers on the TV. Go Penrith!!

]]> dc0e977c2108c65c335063581f0a7148 Bandit replied to the topic Property Investing and Tattoos ! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4368274-property-investing-and-tattoos/#post-4430591 Sun, 28 Sep 2003 06:48:58 +0000 Doesn’t it hurt like hell???? Never EVER thought about it simply because I think, actually I’m sure, I’m allergic to pain…… More power to you though.

]]> bc4a867c2cdd0fbe477c76d4e77d0139 Bandit replied to the topic when is enough .. enough? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368272-when-is-enough-enough/#post-4430582 Sun, 28 Sep 2003 06:45:36 +0000 A shameless quote “The world is never enough”.

Another, “Greed is good” courtesy of Gordon Gecko Wall Street.

]]> e65d493c8dca5facce6a9e472438a828 Bandit replied to the topic pssssssssst in the forum Forum Frolic https://www.propertyinvesting.com/topic/4367855-pssssssssst/#post-4428343 Sun, 28 Sep 2003 06:43:47 +0000 What the???

]]> 65e7ec35b557cbba594f48b228ab727d Bandit replied to the topic Mighty Brisbane Lions in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368259-mighty-brisbane-lions/#post-4430457 Sun, 28 Sep 2003 06:42:12 +0000 Was it meant to be a GF??? Nobody told Collingwood…..

Just kidding (all you ‘pies fans out there), they were simply outclassed on the day.

]]> d500f4b7324754bf965c10d36837509b Bandit replied to the topic Need help to get started... in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368179-need-help-to-get-started/#post-4430039 Sat, 27 Sep 2003 12:08:32 +0000 Great going poor student…… I actually bought my first property whilst a full-time student with the help of my parents. If they can help you or co-sign the mortgage you could certainly jump into the market.

By the way, GREAT job with finding the properties in the first place. It’s getting harder and harder….. I’ve been looking solidly for…[Read more]

]]> ddf0646ce8ba205122acf0648639d02e Bandit replied to the topic SE QLD in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368101-se-qld/#post-4429605 Sat, 27 Sep 2003 11:56:25 +0000 I have to agree. I bought my own residential unit before the boom here in Brisbane and it has appreciated ~50% in the last 2 years. [:D]

I can’t seem to find anything locally (5km from city centre) that comes close to the 11sec solution. [:(]

I’ll keep looking though…. who knows. [:)]

]]> a47aa989decdd57890281e5d007b87f6 Bandit replied to the topic Mighty Brisbane Lions in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368259-mighty-brisbane-lions/#post-4430455 Sat, 27 Sep 2003 11:49:39 +0000 Fantastic effort from the Brissie boys!! I was lucky enough to watch the game this afternoon with a group of mates and a wonderful NEC Projector (3.5m picture).

Well deserved victory. What about a 4peat…….

]]> ddbce85fa113ac9253810d07969c2e57 Bandit replied to the topic What's your profession? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367252-whats-your-profession/page/12/#post-4424713 Wed, 24 Sep 2003 06:30:33 +0000 Nope, not joking. As a Senior House Officer in the public system I get paid the princely sum of $50,000. Sure, it gets bumped up a bit with overtime, but there’s plenty more lucrative jobs out there.

Here’s hoping positive cashflow properties can bring me above the Nurses wages [:D]

]]> 2606bb4b96e17361fa27e00d16973305 Bandit replied to the topic Beach Front Bargains in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368078-beach-front-bargains/#post-4429515 Wed, 24 Sep 2003 06:27:52 +0000 I saw my first “genuine” BOX on a recent road trip from Melbourne to Adelaide. I must say I thought they were pretty cool. But $100,000 !!!!

That’s a hell of a lot of beach towels and umbrellas…….

Could even buy a fairly large Triton shed to put all your gear into….

]]> 8216970015f93f20d6dd89d08c38d355 Bandit replied to the topic Real Deals ? - 11 second rule in the forum No Subject https://www.propertyinvesting.com/topic/4368150-real-deals-11-second-rule/#post-4429870 Wed, 24 Sep 2003 06:21:19 +0000 Must admit that I’m also finding it difficult to find properties which even come CLOSE to meeting the 11 second rule. Admittedly I’ve only been looking in the general Brisbane area for about a month….

Thanks for reassuring us newbies that it can be done.

]]> 0e195dda64e7717b31cbbb0a7b35406d Bandit replied to the topic What's your profession? in the forum No Subject https://www.propertyinvesting.com/topic/4367252-whats-your-profession/page/12/#post-4424710 Wed, 24 Sep 2003 06:07:46 +0000 Still working in the Public system. Only been registered for 3 years, but I do want to specialise eventually. Unfortunately it’s getting harder and harder to specialise, and GP remuneration (after expenses!) is a joke.

My family and friends keep on telling how much money Doctors make……. so far I haven’t seen any of it. Nurses get paid more…[Read more]

]]> 9ca44d6c132029f2bb9fd43d7d368f44 Bandit replied to the topic The Missing Chapter - Download help sought in the forum No Subject https://www.propertyinvesting.com/topic/4368158-the-missing-chapter-download-help-sought/#post-4429944 Wed, 24 Sep 2003 06:02:15 +0000 Didn’t even KNOW there was a bonus chapter!!!
Fantastic, I’m going to download it right now!!
Thanks guys.[:)]

]]> 87bbd6b2495882a90f4dd528f1f1cded Bandit replied to the topic What's your profession? in the forum No Subject https://www.propertyinvesting.com/topic/4367252-whats-your-profession/page/12/#post-4424708 Wed, 24 Sep 2003 05:55:02 +0000 Hi Everyone,

Very much a newbie to this great site!!
I’m a Doctor in Qld. Like many, there isn’t a lot of cash in Medicine anymore [:(] and I’m looking elsewhere to secure my income stream.

Look forward to chatting to you all soon. [:)]

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