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Viewing 12 posts - 1 through 12 (of 12 total)
  • Profile photo of brgorriebrgorrie
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    @brgorrie
    Join Date: 2003
    Post Count: 14

    I heartily agree that comfort zones are bad, if not
    dangerous. The longer you spend in a comfort zone,
    the harder it is to leave. It is easier to stay
    in a rut then it is to climb out :-).

    I think you might need to swap plan and purpose around
    in the order of the three P’s … If you don’t first
    have a goal/purpose .. how can you create a plan to
    achieve that purpose ?

    Either way, thankyou for writing the first book, it helped
    kick me out of a comfort zone :-) and I can’t wait to see
    what the second book is like.

    Keep up the good work,

    Cheers,

    Brian.

    Profile photo of brgorriebrgorrie
    Participant
    @brgorrie
    Join Date: 2003
    Post Count: 14

    a brief run down …

    plastering plastering plastering …
    am in the final stages of rennovating a unit ..
    realestate websites looking for next purchase …
    and the realestate section of sats and sundays
    papers … all in all a typical weekend :-)

    heh …

    Profile photo of brgorriebrgorrie
    Participant
    @brgorrie
    Join Date: 2003
    Post Count: 14

    or c) sis is really constantly on the site … ;-)

    Profile photo of brgorriebrgorrie
    Participant
    @brgorrie
    Join Date: 2003
    Post Count: 14

    chan$,

    I heartily agree with you on that one. Only a small
    number of the available properties are actually on line.
    you really have to be prepared to put in the legwork
    once you’ve identified an area to locate properties through
    directly contacting agents in the area.

    Also I’ve noticed some rural areas you can’t find anywhere
    on line, but they do actually have properties for sale. So
    I guess if I relied only on online searching to find
    properties it would be a really hit and miss affair.

    heh … I’m happy I got two responses to my question,
    thankyou for your feedback guys :-)

    cheers,

    Brian.

    Profile photo of brgorriebrgorrie
    Participant
    @brgorrie
    Join Date: 2003
    Post Count: 14

    I guess it depends on the lender … the lowest I have seen
    to date is 75% ( or roughly 39 weeks ) of the rental income
    being included …

    Profile photo of brgorriebrgorrie
    Participant
    @brgorrie
    Join Date: 2003
    Post Count: 14
    Originally posted by Chan$:
    So what happen if you don’t want to do anything, you just want to travel from one country to the other to see the world! is there such career? or is it so call career change?

    Heh thats sort of what I’m aiming at – retirement
    is being able to wander the world seeing the sites
    I have heard about and have never seen … :-)
    as for a date well ASAP is the unnofficial date …
    the official one is 2008 …

    Cheers,

    Brian.

    Profile photo of brgorriebrgorrie
    Participant
    @brgorrie
    Join Date: 2003
    Post Count: 14

    my take on the “pay yourself first” from richest man in
    babylon is that it means dedicating a set portion of
    your paycheque to investments ( make your money work for
    you ) and then the rest gets divvied up amongst your
    bills and debts … wohay then I can get that new toy
    with anything that is left over … :-) if anything
    is left over … the goal is to get to the point where
    there is something left over :-)

    that is just my take on it :-)

    Cheers,

    Brian.

    Profile photo of brgorriebrgorrie
    Participant
    @brgorrie
    Join Date: 2003
    Post Count: 14

    heh I put off getting buyer beware until the new one came
    out and I noticed the ad for the product said they were
    going to raise the price from $99 that sorta scared me into
    action I guess :-)

    even with the *.pdf and *.html versions you should be able
    to use the ideas to help you create your own templates
    though … just need some word skills :-) … or borrow
    the time of someone who has those skills …

    Cheers,

    Brian.

    Profile photo of brgorriebrgorrie
    Participant
    @brgorrie
    Join Date: 2003
    Post Count: 14

    The copy of buyer beware I got came with two cd’s and a work book. One of the cds is a data cd that contains
    pdf and MS word versions of the templates.

    Gives you a good base for your own templates.

    Cheers,

    Brian.

    Profile photo of brgorriebrgorrie
    Participant
    @brgorrie
    Join Date: 2003
    Post Count: 14

    and the beauty is that you can edit the templates if you want to fine tune them a bit :-)

    I recommend them too, they have helped improve my processes
    quite a bit.

    Cheers,

    Brian.

    Profile photo of brgorriebrgorrie
    Participant
    @brgorrie
    Join Date: 2003
    Post Count: 14

    heh but which property market is at the upper extremes ?
    3 bedroom houses in inner sydney, 1 bedroom units
    in ballarat, or warehouse space in Longreach ;-)

    or just the property market in general based on the
    australia wide averages …

    its always entertaining seeing how the media interprets
    realestate … and watching how the crowd reacts to
    the media’s interpretation … :-)

    Profile photo of brgorriebrgorrie
    Participant
    @brgorrie
    Join Date: 2003
    Post Count: 14

    Hello all, my first post wow :-)

    The “experience” thing has prompted me to post
    a question. Don’t know if it belongs here but
    here goes.

    Realestate experience, isn’t it more complex
    than just how long you’ve been investing for ?

    If I’ve only purchased properties in a single
    location then I will have only experienced the
    same property cycle. But as differing locations
    (towns, cities, states, suburbs, countries, regions )
    etc have their own property cycles isn’t it
    possible to accumulate a wide variety of property
    cycle knowledge in a short time frame through
    investigating a large number of deals in a
    number of locations ?

    Especially as rural locations are more inclined
    to have their local property cycle affected by
    the surrounding industries than suburban locations
    are. Though you can see suburbs in cities boom
    and bust at differing times to the city’s own
    property cycle.

    Or is it more the experience of trying to successfully
    invest in realestate when interest rates are high
    that you can only come by if you’ve invested for
    a long period of time ?

    But you can get that experience by invested in
    another country where interest rates are higher.

    ok that was three questions…[:D]

    have fun all,

    Brian.

Viewing 12 posts - 1 through 12 (of 12 total)