Sounds to me like we arent getting told the full story here.

Where exactly is the tenant living? You say its a granny flat, but then say your ‘house’ stinks of smoke. If your personal space is important, DONT RENT IT OUT!

Why would the tenant blow up so bad just because his drive was blocked? If you were ‘dobbed in’ to centrelink, sounds like…[Read more]

Hi Terry

yes, but since I wasnt working at all last year my ABN isnt much help. I dont want to put down 20% deposit because I can get a 40% return on the money elsewhere. 10% I can live with, 5% even better.

If all it took was a glance at a bank statement, we would be financed by now but nooooooo…..they want to see tax…[Read more]

I always find myself asking “why do we care?” when a celebrities personal life makes the news. I for one am sick to death of hearing about every time one of the royals stubs a toe.

Maybe MJ is guilty, maybe he isnt. None of us have seen, nor ever will see the evidence, and cannot possibly judge either way. Even if he is guilty, why should we…[Read more]

struth, $2530 !

http://www.posigear.8k.com

lol I love crowd psychology

it reminds me of Carl on the Simpsons

“hey that guy’s right!” (crowd all blindly agree)

Anyone who is positive property is just realistic and normal, while anyone who is negative is a nutcase, or has some evil motive….quite funny

People who have enough intellect to think for themselves realise that a balanced and…[Read more]

lol!

$15m in over 12 months, $10m out in 5 weeks……says it all

http://www.posigear.8k.com

Studies in recent years have concluded that the total cost of raising a child from birth to 18 yo is between $500k and $1m in todays dollars.

http://www.posigear.8k.com

Some advice for when you do youe “e-book”

When I began writing my course, I was advised to make a list of everything I knew, regardless of how trivial. Then I was told to go through, and eliminate anything that had already been covered by an earlier book or course. That seemed a bit weird to me, I thought “its been covered before because its…[Read more]

Im something of an expert on discipline, not because I am good at it, but because I was so BAD at it. We only investigate our practices when things go wrong. When everything is ok, we dont bother to study our habits, improve and learn new things. When things keep going wrong, we investigate, analyse, research, learn and improve. This is how I…[Read more]

lol

clicking on my website might be a good start…..

http://www.posigear.8k.com

Richo

Ask anyone who has finished my course if they learnt about discipline. Its easy to say “get disciplined, stupid!” and quite another to teach people what discipline is and how to acheive it (the main goal of the “investor psychology” section in the course).

Although waynes article is good, its not really anything that hasnt been said a…[Read more]

Well said.

I am constantly amazed at the high levels set by you and your brother, you must come from one amazing family.

cheers

[^][^][^][^][^]

http://www.posigear.8k.com

Interesting journalism.

What is a “sharemarket” ?

I’ve heard of a “share market” [] but a “bear sharemarket” made me giggle. The author obviously has absolutely NO idea about equities.

http://www.posigear.8k.com

13 posts and already you have a reputation as a pain in the ass?

didnt your mum ever teach you “if ya aint got nuthin good to say, shut the hell up before I slap you into next week”

also, a wise man once told me:

“if you do not respect someone, why care what they say about you?”

think about it

im quite certain nobody takes a serial whiner…[Read more]

actually the investors were sucked in by the car valuation scam (how he ‘legally’ obtained the funds from the public to invest) and promised to make a fortune trading currencies with it. he failed as a trader and resorted to nigerian type scams to get the money back.

stupid is as stupid does

http://www.posigear.8k.com

lol wayne

“invest” dear god no…..twas a simple TRADE

http://www.posigear.8k.com

oooooooooo me too!

http://www.posigear.8k.com

Yikes

did some rough “back of envelope” calcs:

house cost – $315k
interest only loan = $400 wk
each unit rents for – 180 wk x 2 = $360
ie loss $40

but selling:

house cost – $315k
building cost – $35k
sell each unit for $200k = $400k
= profit $50k

http://www.posigear.8k.com

56 for me

“No so good…Maybe you should play a little more Pac-Man?”

http://www.posigear.8k.com

usually you need to clean the windows free of bugs, but of course you need to pay extra for the second edition……..

http://www.posigear.8k.com