PropertyInvesting.com | crusty | Activity https://www.propertyinvesting.com/members/crusty/activity/ Activity feed for crusty. Fri, 17 Apr 2026 16:29:37 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 39bc9e83018b29c87d1af3e35a0d75fc crusty replied to the topic Melbourne Lawyers specialising in property law in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406609-melbourne-lawyers-specialising-in-property-law/#post-4669918 Wed, 23 May 2012 09:21:38 +0000 You could try Monahan+ Rowell who have become part of Colin Biggers and Paisley who should have acess to american lawyers.

]]> e4009b44492d00d47e0bbfb9162c7010 crusty replied to the topic Horsham Property? in the forum General Property https://www.propertyinvesting.com/topic/4405654-horsham-property/#post-4662297 Thu, 03 May 2012 03:34:49 +0000 Nigel Kibel wrote:
Why would you invest in Horsham

         The mines and seperation plant   Nigel .   The projected 1000 jobs created will have a massive  effect to a  town like  Horsham.

]]> 220dea5fe86663ae2ac328f046c3906a crusty replied to the topic Breaking News: Farmland is the Green Gold of 2012 in the forum Commercial Property https://www.propertyinvesting.com/topic/4405912-breaking-news-farmland-is-the-green-gold-of-2012/#post-4664104 Wed, 18 Apr 2012 00:03:21 +0000 NHG wrote:
How would that work out of curiousity? Some colleagues of mine are farmers and after hearing the ROI, unless your a large corporation seeking a steady yet small return or an individual who has had the farmland for decades, it is too pricey to buy in and make profitable.It's more a lifestyle choice rather than a good ROI. Would that…[Read more]

]]> e0e03e030edb552070571c1b3ed42ce6 crusty replied to the topic How Much Money Do I Need Saved To Start Investing? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406349-how-much-money-do-i-need-saved-to-start-investing/#post-4667720 Mon, 16 Apr 2012 22:17:53 +0000 Doesnt matter how much you save it is what you do with it that counts. I started with none when I was in primary school school ,I got ballons at a show given away for free then walked around and sold them. I bought  something like 10 Pivot shares for  something like $50.00.  I would be wary of the investor club, but you may learn something th…[Read more]

]]> 6cd103e03812a308f8785e7bd485ea6a crusty replied to the topic What is the best way to reach Investors in Australia in the forum Commercial Property https://www.propertyinvesting.com/topic/4406343-what-is-the-best-way-to-reach-investors-in-australia/#post-4667673 Mon, 16 Apr 2012 12:26:53 +0000 Depends on the specifications, Elders, Landmark BR&C  Agents.

]]> f5f450002a4aa2f461fde8fbeb8f59a3 crusty replied to the topic Metropole in the forum Opinionated! https://www.propertyinvesting.com/topic/4406267-metropole/#post-4667071 Tue, 10 Apr 2012 23:08:25 +0000  Thats interesting Ballerina,  In 2009 I Was considering buying a neighboring property  but wanted some diversification and wanted to invest in Queensland with so many options and limited knowledge,  I went to the Melbourne office.   I was told Melbourne is rhe best place to invest .   Ye right, best place for them !    When asked about Land T…[Read more]

]]> fb595a2e3ab0dfdb719e31f6bea246bb crusty replied to the topic Metropole in the forum Opinionated! https://www.propertyinvesting.com/topic/4406267-metropole/#post-4667066 Mon, 09 Apr 2012 22:59:54 +0000 Ballerina wrote:
Hi LandtWe have used them on two accounts: as a buyers agents (in2008) and as a property managers (2009/10). As a buyers agents they have done a great job for us. As a propert managers-we changed them recently. We werent happy. they change staff in property management section too often, employing very junior personel, who did…[Read more]

]]> ab11e6f464179bea05e579b609f97ce4 crusty replied to the topic Metropole in the forum Opinionated! https://www.propertyinvesting.com/topic/4406267-metropole/#post-4667064 Mon, 09 Apr 2012 10:05:55 +0000 landt64 wrote:
Hi Patcon, I have not used Metropol as such but have used Rolf who is a senior broker there and he is very good,and has a very good reputation. I have only heard good things about Metropol. Michael Yardney who is the founder has a regular column in the Australian Property Investing magazine, so maybe you could check out some of…[Read more]

]]> 8e769e3b68b99a9af07ba3ed7ed6420e crusty replied to the topic im being foreclosed what a mess in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406250-im-being-foreclosed-what-a-mess/#post-4666907 Thu, 05 Apr 2012 10:28:11 +0000 dj_ajay wrote:
"They were endlessly baffled by my Australian tax return and even more confused by the fact that it was actually day time in Australia when it was night time in the US."Some Americans are really this stupid….they probably thought you were from Austria.

I had an american, when told I was from australia, say, well  from your…[Read more]

]]> de301efc0a837f621a1de4144f2e9b7f crusty replied to the topic Investment better buy Unit , Townhouse or House in the forum Help Needed! https://www.propertyinvesting.com/topic/4406104-investment-better-buy-unit-townhouse-or-house/#post-4665630 Thu, 05 Apr 2012 09:50:42 +0000 Catalyst wrote:

Nigel Kibel wrote:
It really comes down to wear you are buying. Frankly I would rather buy a townhouse in an inner city area rather than a house in the outer suburbs. There is a mistaken view that a house with land is a better investment. The reality is the land the townhouse sites on in an inner city area is far more valuable…[Read more]

]]> d181f673d54c0d9bdae9c18597b495eb crusty replied to the topic What exactly is college lease land? in the forum  Yes  you own the house https://www.propertyinvesting.com/topic/4405999-what-exactly-is-college-lease-land/#post-4664782 Fri, 02 Mar 2012 02:43:04 +0000  Yes  you own the house  but you probably have to pay a lease fee of,   5%  of freehold  unimproved land values and rates(which increase).     I dont think they are a good idea as they onlly give a net yeild of  about 2,  have low LVRs,  about 50% and are difficult to sell.

]]> 40d1f42dfec9dc797eecabcb051fe828 crusty replied to the topic Accountant recommends not to claim depreciation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4405936-accountant-recommends-not-to-claim-depreciation/#post-4664233 Sat, 25 Feb 2012 22:33:05 +0000   Sack the account .         Every-one here seems to be missing the main  point here.  Claming or paying depreciation is very trival, when compared to the massive opportunity costs of not having even a few hundred dollars a year tax refund,  that could have been invested in the early 1990 s.    At that time my few hundred extra dollars I had…[Read more]

]]> 8f59ce5d516d919e307e53b5f51c1661 crusty replied to the topic Breaking News: Farmland is the Green Gold of 2012 in the forum Commercial Property https://www.propertyinvesting.com/topic/4405912-breaking-news-farmland-is-the-green-gold-of-2012/#post-4664099 Thu, 23 Feb 2012 05:36:20 +0000   You are a bit slow Jess thats old news. In fact over the last 6 months world  wheat stocks have risen to a record high. After many years of sustained Land price  growth. I think growth will slow, and steady. Nothing can rapidly increase forever .  I think yeilds will steady for a few years before  increasing again.    If you arent aware com…[Read more]

]]> 2bca2aad19e63ab0c269d23961bfce12 crusty replied to the topic Investment in SE Asia in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402725-investment-in-se-asia/#post-4641482 Mon, 20 Feb 2012 04:02:59 +0000  Id go to phillippiines too,  but not if you want a sound ivestment, consider it speculating or life style choice, a journey or buffering  It is risky investing in PI .    You will need to piss in pockets, have contacts in the right places,  Buy the police cheif  a set of golf clubs for christmas was the first piece of advice I  got when inves…[Read more]

]]> c8b886094a1fa81ca20b9ae9ae900c99 crusty replied to the topic Mildura vs Bendigo in the forum General Property https://www.propertyinvesting.com/topic/mildura-vs-bendigo/#post-4652712 Fri, 27 Jan 2012 21:22:02 +0000 freckle,   another thing you and that economist who sits up there in his distant Ivory tower  and work out average incomes is that there is so much work there a lot of people can demand to be paid in cash. No cash no workers.  There  are people on social security benefits working for cash, counted as unemployed , thats is what makes a great …[Read more]

]]> 89c62dbefc4bd69ae89046a506768da6 crusty replied to the topic Mildura vs Bendigo in the forum General Property https://www.propertyinvesting.com/topic/mildura-vs-bendigo/#post-4652711 Fri, 27 Jan 2012 13:17:46 +0000 freckle the link you posted said mildura had a population of 50,000 than you say there are  82 rental vacancies , well you do the sums.

]]> 5f26b91b9dbe672bc941d95fe483a9a9 crusty replied to the topic Mildura vs Bendigo in the forum General Property https://www.propertyinvesting.com/topic/mildura-vs-bendigo/#post-4652710 Fri, 27 Jan 2012 13:02:36 +0000 engelo10 wrote:
Hi Crusty,How many do you have in Mildura? There is a bright future for Mildura. I have many contacts there and everyone reckons the market will pick up significantly in the next few years. There are many new listings and many sales but prices arent moving upwards yet.Thanks for your time.

   Hi Englo    I have 3  built 2 , 3…[Read more]

]]> 3e91b2ccf90765395f8fcda472c23869 crusty replied to the topic Mildura vs Bendigo in the forum General Property https://www.propertyinvesting.com/topic/mildura-vs-bendigo/#post-4652709 Fri, 27 Jan 2012 12:46:01 +0000     I dont know hoe you construe a report  saying Irymple can onlly support one new supper market instead of 2 because there are a whloe bunch of new shops and  woolworth shopping complex being built  2 k down the road in  Mildura as bad?? I would consider it good news if  even one was considered  viable.  You havent got a clue freckle, …[Read more]

]]> b77ef60898810f1482c2b1691546c04e crusty replied to the topic Interest rate discounts for big borrowers in the forum Finance https://www.propertyinvesting.com/topic/4405678-interest-rate-discounts-for-big-borrowers/#post-4662427 Mon, 23 Jan 2012 13:49:15 +0000 rusty05 wrote:
We've just been approved for a 0.9% discount with Westpac on a loan of over $800000 but the broker is hitting them up for 1% because the LVR is only at 42% – Worth a shot.

  12 months ago my broker put my loan out for tender , Got     2.0  discount on a  westpac commercial loan 0f 600000 wit h  50%  LVR  but the fees are high s…[Read more]

]]> 78252e5b33043d7e511d571409c3360f crusty replied to the topic Mildura vs Bendigo in the forum General Property https://www.propertyinvesting.com/topic/mildura-vs-bendigo/#post-4652706 Thu, 05 Jan 2012 22:46:06 +0000   The  plans to expand the airport are a good sign for Mildura, the surrounding areas such as Merbein and Irymple have had excellent growth in the last year, like 24%.    230k in Bendigo may only buy you an old  high maintanaince house with  miimal depreciaton plus you will have to pay stamp duty.  Depending on your taxable,   income but for less…[Read more]

]]> 21d139f9e03a7d4eb3d86893ce5295c4 crusty replied to the topic help needed today desperatly in the forum DHCP wrote: hey crusty my https://www.propertyinvesting.com/topic/4405500-help-needed-today-desperatly/page/2/#post-4661213 Mon, 02 Jan 2012 22:12:37 +0000 DHCP wrote:
hey crusty my experience dealing with motivated sellers so far so good…maybe my deals were different to yours, who knows?. One approached works for some and it may not works for others but that's life…but I have been fortunate that it works for me.Everyone has given his advised to Patrick about his possible purchase except you.…[Read more]

]]> 4e5c707ba0f6f20558956cb5df2dfe7a crusty replied to the topic help needed today desperatly in the forum Help Needed! https://www.propertyinvesting.com/topic/4405500-help-needed-today-desperatly/#post-4661209 Mon, 02 Jan 2012 11:21:34 +0000 DHCP wrote:

crusty wrote:

DHCP wrote:

              they wanted more money as they had a higher offer. .

Learn from investors who've gone before us…deal with motivated seller only. I've used that strategy to all my purchases and it worked all the time.  So what's a motivated vendor? Seller that is going through divorce, move to diffe…[Read more]

]]> 482b4f9573f674bfda2580b179abb414 crusty replied to the topic help needed today desperatly in the forum Help Needed! https://www.propertyinvesting.com/topic/4405500-help-needed-today-desperatly/#post-4661206 Sun, 01 Jan 2012 05:07:15 +0000 DHCP wrote:
If you tell the vendor to take it out of the market while you are under contract it will prevent you from getting gazump..that's how I bought several properties.

              NO  IT WONT.          You can sign the the contract, the vendor can tell you anything, say he is despperate to sell and wants to sell  asap .  but until he si…[Read more]

]]> 186a4d4fdeffd7f6d8de158911c8e5bd crusty replied to the topic Bypassing the agent straight to the vendor. in the forum Help Needed! https://www.propertyinvesting.com/topic/4405470-bypassing-the-agent-straight-to-the-vendor/#post-4660961 Mon, 26 Dec 2011 12:35:56 +0000 II approached an agent I didnt like, told him what I was looking for  tried to sell me houses I wasnt really interested in , but never mentioned the one I was intererested in and told me a whole heap of crap.        I promptly went to the house I was interersted in  the owners were packing up, said they were desperate to sell  as  they had to re…[Read more]

]]> 7ba466dcd27e009f8d4befecc755e139 crusty replied to the topic Should I use property investment advisors? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405425-should-i-use-property-investment-advisors/#post-4660527 Sat, 17 Dec 2011 21:48:08 +0000  Yep, get there advice than do the opposite.   I have listened to a few over the last 3 years  and the properties they all warn about buying  and tell you not to buy,  are the ones that have performed brilliantly,  being towns with populaton below 4,000 people ,getting strong  + CF  and high capital gains.    eg  Robinvale, merbein,Irym…[Read more]

]]> e1704c3808a7cdbbabf14cc40cf46df9 crusty replied to the topic Concept of tenants and agents in the forum Opinionated! https://www.propertyinvesting.com/topic/4405335-concept-of-tenants-and-agents/page/2/#post-4659856 Tue, 06 Dec 2011 21:47:22 +0000 What I can decipher, he wants 30% of people living on the street, and only people earning a salary should be able to rent a house, and they should be your spouse .  And that somehow, relationships need to be managed. 

]]> 8102b2db589b6a78aa96b9b785565463 crusty replied to the topic Saving money through owner builder? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405320-saving-money-through-owner-builder/#post-4659733 Fri, 02 Dec 2011 12:51:31 +0000 Your  materials alone would probably cost more than then the 15k a franchisee of a large building company might  charge to  build, as they get bulk buying discounts.  you can also use their plans  for free,  they could have it done in 2 months reducing your holding cost,  know all the contacts and get things through council quickly.  And most of t…[Read more]

]]> a5dce0fae3aa3db1a71e010ce822093e crusty replied to the topic The process for a new investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4405268-the-process-for-a-new-investor/#post-4659380 Fri, 25 Nov 2011 04:04:38 +0000  of course you need finance first, you have no idea what to look at if you dont know what you can afford. to know this you need a broker,  before you get a broker you need an accountant, so you know which way to finance it ,and what level of gearing would suit your situation and how different scenarios will affect your tax and cashflow now and i…[Read more]

]]> c6b347c39688ff583419b9c317a05bb2 crusty replied to the topic Tax benefits of 'lease' or 'hire purchase' for a car? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4405082-tax-benefits-of-lease-or-hire-purchase-for-a-car/#post-4658234 Mon, 21 Nov 2011 02:26:46 +0000 rusty05 wrote:
The way I see it, the balloon payment (or residual) is the amount owing at the end of the lease when you either buy the car outright (not so common but that's what we did) or need to get for it at trade in to finalise payment.From someone with a 4 year uni degree – I agree with the tradie thing… hats off to all the tradies on…[Read more]

]]> 07e87820213057ce0dcb3cc7cab018ab crusty replied to the topic Investor wanting extended settlement on our Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4405044-investor-wanting-extended-settlement-on-our-property/#post-4657971 Sun, 30 Oct 2011 06:53:32 +0000   I know I am not the sharpest knife but why would you agree  to  pay rent to live in your own house to some-one who doesnt own it yet.  Its your house till settlement..   

]]> a8199b7a840ad5f8f05577ce80d0895a crusty replied to the topic negotiating this price in the forum Help Needed! https://www.propertyinvesting.com/topic/4405053-negotiating-this-price/#post-4658045 Sun, 30 Oct 2011 06:34:25 +0000 If the vendor rejects that,  you could ask if they would finance you for 20 or 30 k , or even more , even interest free, with payments in insallments or however it suits you.  It could be in exchange for quick settlement.  They would just need to  take a 2nd mortage on the property, which can be discharged when you repay the money.     It sounds…[Read more]

]]> da36942b960b08014e45ad8115c8ab08 crusty replied to the topic Buyers Agent in Melbourne in the forum Help Needed! https://www.propertyinvesting.com/topic/4404832-buyers-agent-in-melbourne-3/#post-4656556 Thu, 29 Sep 2011 22:00:20 +0000 Shape wrote:
Catherine Cashmore from JPP JPP Buyer Advocates P 03 9523 1054 | M 0458 143 089| F 03 9523 1082 368 Hawthorn Road, Caulfield South 3162 catherine@jpp.com.au http://www.jpp.com.au

           I would endorse shapes suggestion of Catherine Cashmore,    she as shown she  has some integrity when she left another well known  B A .

]]> c7d1aa6ed84cbde75314761d0a05670c crusty replied to the topic rural property finance in the forum Finance https://www.propertyinvesting.com/topic/4398783-rural-property-finance/#post-4617162 Wed, 28 Sep 2011 01:55:36 +0000 SHales wrote:
What sort of LVR for rural property purchased at Auction?Potential security which I have to offer is 1 x PPOR, 1 x res inv, $100K plus cattle.No cash deposit (unless I sell the cattle, which takes too long really).S

              Shouldnt need to sell cattle,  get a loan against them with a  stock agent,  they will do 100% loans.

]]> 1b36ee6af49943362a735e49e4892dba crusty replied to the topic Optimism in property investment remains in the forum Opinionated! https://www.propertyinvesting.com/topic/4403390-optimism-in-property-investment-remains/#post-4646146 Sun, 11 Sep 2011 23:36:38 +0000 JackFlash wrote:
The figures below taken with the inflation figures show how much heavy lifting inflation does in pushing CG over time. 1960 – 1972 = 12 years 1972 – 1975 = 3 years 1975 – 1983 = 8 years 1983 – 1988 = 5 years 1988 – 2001 = 13 years The average inflation rate for the period 1960 – 2006 was 5.47%. A net CG average of only 3.23%.…[Read more]

]]> c61e04ae13b52eef678977385fdd4acf crusty replied to the topic need a few opinion from you guys and gals in the forum Help Needed! https://www.propertyinvesting.com/topic/4404638-need-a-few-opinion-from-you-guys-and-gals/page/2/#post-4655280 Fri, 09 Sep 2011 10:20:38 +0000 JacM wrote:
Agreed.  New accountant required.  Your accountant clearly doesn't get it.

     Also agreed get another accountant,     effectively you will need to to earn about  30% more to have the same amount of money left in your pocket to pay the  for the IP,     than  you will if you pay off the PPOR.

]]> 385c81dd08201f0bb0d3a63cb875e301 crusty replied to the topic Agricultural Property - Anyone know how to separate the wheat from the chaff? in the forum Help Needed! https://www.propertyinvesting.com/topic/4404556-agricultural-property-anyone-know-how-to-separate-the-wheat-from-the-chaff/#post-4654652 Mon, 29 Aug 2011 23:15:19 +0000   How long is a piece of string? It depends. How much you want to spent, your cashflow, your ability to get finance, your objective. There can be a vast difference between the same types.  You are only limited by what your imagination.  Obviously talk to agents consultants and agronomist.   I would look at reliable  low rainfall (300mm) light so…[Read more]

]]> a1574ff5c9d436dcaf9b467cba3bae11 crusty replied to the topic Farm home properties in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404441-farm-home-properties/#post-4653836 Sat, 20 Aug 2011 09:00:38 +0000   Thats interesing Terry, I didnt know that,  I would assume that is 65k taxable non farm income , and not 65k gross non farm income.       Do you have any thoughts or Knowledge on that ?  I guess that would be 65k each for a husband and wife.

]]> a0225f879bf1bce12a4948d1e34b6d4e crusty replied to the topic Farm home properties in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404441-farm-home-properties/#post-4653834 Fri, 19 Aug 2011 12:02:11 +0000  Terry an FMD is  a essentially  a term deposite that must meet certain requirements, designed to even out yearly cashflow variations for primary producers, so instead of being in the   47% tax bracket one year then zero  the next  two years.  Money put in is not taxed,  it is taxed when it is withdrawn. Minimium term is 12 months  It may have c…[Read more]

]]> d48f95aa68a64f09cdf23753764c9ffc crusty replied to the topic Farm home properties in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404441-farm-home-properties/#post-4653828 Sat, 13 Aug 2011 13:09:52 +0000     Get a good acountant obviously you dont have one.      Developing  the farm will save tax Utilize FMD s  the money you save in tax could be spent on Investment properties , depending on how many and LVR s,  you could than take out any equity, for running expenses,  to buy shares or more property.  You can get  6% + return from your FMD  you…[Read more]

]]> 34f2973c8bf67abeec6db73ef530554b crusty replied to the topic 100% Offset Versus Line of Credit in the forum Finance https://www.propertyinvesting.com/topic/4403662-100-offset-versus-line-of-credit/#post-4647937 Fri, 24 Jun 2011 23:45:57 +0000 anntoro wrote:
There is a little difference between offset account and line of credit. The main advantage of line of credit is that if you take a regular loan then interest is not charged. The interest is only paid on money actually withdrawn. 

                              There is a huge difference  You  dont  need cash flow to service a LOC…[Read more]

]]> 1e5dfbc903897c49d07076e35f2e1508 crusty replied to the topic Fincial Adviser needed in Melbourne in the forum Fincial Adviser needed in Melbourne https://www.propertyinvesting.com/topic/4403865-fincial-adviser-needed-in-melbourne/#post-4649358 Tue, 07 Jun 2011 01:22:35 +0000 crusty wrote:
Jason Bibby @ JB Global, 6 Riverside Quay South Bank.   He has a performance based fee. He can provivde high leveraging (100% LVR)  low interest rates and capital protection.

         Ph. No 0396829499

]]> c220f6e5faa06ac3c8054d02b9b9b2a8 crusty replied to the topic Fincial Adviser needed in Melbourne in the forum Jason Bibby @ JB Global, 6 https://www.propertyinvesting.com/topic/4403865-fincial-adviser-needed-in-melbourne/#post-4649357 Tue, 07 Jun 2011 01:20:34 +0000 Jason Bibby @ JB Global, 6 Riverside Quay South Bank.   He has a performance based fee. He can provivde high leveraging (100% LVR)  low interest rates and capital protection.

]]> 9845e37826166bfeb3bf9e6f26eab321 crusty replied to the topic Mildura - an exercise in analytical thinking - sharpening your research tools in the forum General Property https://www.propertyinvesting.com/topic/4403455-mildura-an-exercise-in-analytical-thinking-sharpening-your-research-tools/#post-4646677 Tue, 24 May 2011 21:43:53 +0000  HI Angel, I dont agree with your analyis The  reason fot the increase in houses on the market is demand, more house have been put on the market  because of increasing prices over  the last 12 months after 2 years of stagnation.  Median prices have risen  6% in the last quarter. A vacancy rate of 1.4% doesnt indicate people are not baling out. …[Read more]

]]> 59d39d65ea39d810c7fdd05f29fb564f crusty replied to the topic Unhelpful Real Estate agents in the forum Help Needed! https://www.propertyinvesting.com/topic/4403679-unhelpful-real-estate-agents/#post-4648076 Thu, 19 May 2011 23:49:35 +0000  I went to an open in an area I wanted to buy the agent never mentioned the house around the  corner they had listed  , so I went and  knocked on the door   the vendors wondered why they never had any inquiry  for the many weeks it had been listed and where staggered when I told them of the atitude of their RE .  They were desperate to sell as…[Read more]

]]> adbb7884e5301dacdd4c233f207dcf6c crusty replied to the topic Which banks / instituions give finance in the forum Finance https://www.propertyinvesting.com/topic/4403446-which-banks-instituions-give-finance/#post-4646604 Sun, 24 Apr 2011 23:33:10 +0000 westpac seem keen to lend money at the moment 0.9 discount. will lend 85% without LMI

]]> 85f63d13f5ede34e7de652cf196c8d9d crusty replied to the topic Mildura - an exercise in analytical thinking - sharpening your research tools in the forum General Property https://www.propertyinvesting.com/topic/4403455-mildura-an-exercise-in-analytical-thinking-sharpening-your-research-tools/#post-4646675 Sun, 24 Apr 2011 23:28:13 +0000  Land available for residential development like 30 years worth.  No scarcity value. Plenty of builders, competition means low buiding costs, means it is better to build your own house than buy one.  Shortage of workers retarding buisness  and economic  growth.   Local council may allow residential homes on small rural zoned blocks.  Despite…[Read more]

]]> 8f9bba1a0452c2e24e76e08d3ffa6860 crusty replied to the topic ( PART 2 - Looking for a Mentor ) I want to retire in 6 years and I'm going to make it happen in the forum Help Needed! https://www.propertyinvesting.com/topic/4403379-part-2-looking-for-a-mentor-i-want-to-retire-in-6-years-and-im-going-to-make-it-happen/#post-4646082 Tue, 19 Apr 2011 09:38:20 +0000   Borrow from who?  Zaul

]]> edcc9d7d51d60cb04b03c416675a3361 crusty replied to the topic I want to retire in 6 Years, Going to make it happen ;) in the forum  Here is a hint   Zaul, https://www.propertyinvesting.com/topic/4403235-i-want-to-retire-in-6-years-going-to-make-it-happen/page/2/#post-4644807 Tue, 19 Apr 2011 09:31:53 +0000  Here is a hint   Zaul, to invest you need capital and cashflow.  Did you think about starting a buisiness there are opportunities every -where. I come across them almost every week   As you  have connections in Canada and australia I will tell you about one that involves these countries.   You should be able to buy grain augers in canada for abou…[Read more]

]]> e55651e8c90258c43a7e9bae8a82eab2 crusty replied to the topic I want to retire in 6 Years, Going to make it happen ;) in the forum Help Needed! https://www.propertyinvesting.com/topic/4403235-i-want-to-retire-in-6-years-going-to-make-it-happen/#post-4644801 Mon, 04 Apr 2011 22:21:35 +0000   Ryan  I think it is bizzare, that you think it is bizzare for a 24 year old to be saving  or investing.   I  have known lots of kids  probably most,  saving money even at or before primary school.   A lot of 24 yr old are buying houses running buisness.  I know   some people who were millionares at 24.    I cant see  what age has got to do wi…[Read more]

]]> d299c5f7ec5ec1109e49873fc16cd6de crusty replied to the topic AUS vs USA in the forum Fantastic Plastic wrote:Very https://www.propertyinvesting.com/topic/4403248-aus-vs-usa/#post-4645017 Mon, 04 Apr 2011 13:31:22 +0000 Fantastic Plastic wrote:
Very interesting topic Cappy, I've recently been looking at buying a couple of properties in America, not sure exactly where to look, but it certainly makes more sense than investing in Australia. I see what you are trying to do, but you can't leave out some of the expenses. For example you have NO tax in Florida whereas…[Read more]

]]>