Derek replied to the topic To rent or to buy in the forum Help Needed! 20 years, 11 months ago
Hi 3MR,
Investment or home is really a question only you can answer as there are some many variables to consider.
Successful investors have started at both ends of the spectrum. There are those who bought a house first and then there are those who bought an investment first.
For example if you were living downtown Sydney it is cheaper to rent a…[Read more]
Derek replied to the topic I need a good Property Accountant? in the forum Legal & Accounting 20 years, 11 months ago
Hi people,
Give Dale Gatherum-Goss a call look at http://www.gatherumgoss.com for contact details.
Dale is an accountant for investors all over Australia so do not be seduced by the need to have your accountant around the corner.
Derek
derekjones1@bigpond.comProperty Investment Support Available.
Derek replied to the topic Hats off to Firefighters in the forum Opinionated! 20 years, 11 months ago
Hi all,
Some satellite views for those interested.
Mon 17th Jan
http://rapidfire.sci.gsfc.nasa.gov/subsets/?FAS_SWAustralia1/2005017/FAS_SWAustralia1.2005017.terra.721.250m.jpgTuesday 18th Jan
http://rapidfire.sci.gsfc.nasa.gov/subsets/?FAS_SWAustralia1/2005018/FAS_SWAustralia1.2005018.terra.721.250m.jpgWednesday 19th…[Read more]
Derek replied to the topic Hats off to Firefighters in the forum Opinionated! 20 years, 11 months ago
Hi Wayne,
We got called up from Albany on Monday afternoon and have spent the last four days either driving to Perth and back and/or spending two long days out on the fire ground.
The crews from others areas (like us) generally get the ‘grunt’ work so the locals can be released from mop up duties so their local knowledge of the area is put to…[Read more]
Derek replied to the topic Cheap property = risky tenants in the forum Help Needed! 20 years, 11 months ago
Originally posted by Monopoly:
[shocked]Whoa…ARE MY EYES DECEIVING ME???? [shocked]WELCOME BACK KAY!!! [biggrin]
Hear, hear – welcome back Kay.
Derek
derekjones1@bigpond.comProperty Investment Support Available.
Derek replied to the topic achieving a positive cash result in the forum Help Needed! 20 years, 11 months ago
Hi Paul,
I suggest you visit here and play with some numbers.
Derek
derekjones1@bigpond.comProperty Investment Support Available.
Derek replied to the topic Dissapearing post in the forum General Property 20 years, 11 months ago
Hi Jen,
Not allowed to seek funds here.
Derek
derekjones1@bigpond.comProperty Investment Support Available.
Derek replied to the topic Comes a time when you know ….. in the forum Help Needed! 20 years, 11 months ago
Hi Jenny,
I prefer to look at my portfolio rather than individual properties and as such it sounds as if you have a reasonable balance.
Growth property and a few cf+ to kepp the accumulation process going.
Derek
derekjones1@bigpond.comProperty Investment Support Available.
Derek replied to the topic GOOD BRISBANE ACCOUNTANT? in the forum Legal & Accounting 20 years, 11 months ago
Hi Steve,
Give Julia a try at http://www.bantacs.com.au and/or PM her under her username ‘Julia’
Julia regularly posts here and a search by her username will show you her depth of knowledge.
Derek
derekjones1@bigpond.comProperty Investment Support Available.
Derek replied to the topic Loan Arrangement – Tax Deduction in the forum Legal & Accounting 20 years, 11 months ago
Hi Hippo,
Jan Somers comments are all about making your taxation easier and to have your dollars working more effectively.
Under the current arrangement your repayments are apportioned over the $190K – in essence this means both your loans are decreasing in value. This is not a bad thing but you would be far better off splitting the loans into…[Read more]
Derek replied to the topic Seminars ??? in the forum Heads Up! 20 years, 11 months ago
Hi Bradles,
I am of the opinion that a seminar needs to be somewhat aligned with your investment philosophy. For example there is little benefit in me attending a wrapping seminar as it is not a strategy I see myself employing.
Of course the ‘fip side’ of that comment is you don’t know what you don’t know. But I would still prefer to bed down a…[Read more]
Derek replied to the topic how to de-post? in the forum Site Problems / Feedback 20 years, 11 months ago
Hi Jess,
I believe that you have a ‘delete’ button at the top right of your post. I may be wrong because as moderator ‘I do’ – however my vague memory said there is a delete button there too.
Failing that do an ‘edit’ and delete all your text and the repost with nothing. A moderator will come along at some stage and delete the empty post then…[Read more]
Derek replied to the topic Refinance or not? in the forum Finance 20 years, 11 months ago
Originally posted by globe:
I’m also finishing full time employment in June and as yet have no guaranteed work to walk into.
Hi Globe,
At this stage I wonder if this issue isn’t more important.
Given that there may be a period of time when you are without an income is the current loan in ‘credit’ and/or do you have the capacity to ‘stop…[Read more]
Derek replied to the topic Posts in the Overseas Deals Forum in the forum Overseas Deals 20 years, 11 months ago
Hi admin,
Shouldn’t this ‘disclaimer’ post be a sticky?
Derek
derekjones1@bigpond.comProperty Investment Support Available.
Derek replied to the topic Robert T. Kiyosaki in the forum Heads Up! 20 years, 11 months ago
Hi Jack,
Recommend you search the ‘heads up’ and ‘opinionated’ forums for previous discussions on RK.
There are many who are grateful for his initial impetus. Equally there are others who find him repetitive and light on substance.I many repects it is a case of ‘if it works for you’ – why not? If it doesn’t then look…[Read more]
Derek replied to the topic studio apartment in the forum Help Needed! 20 years, 11 months ago
Hi Zippys,
Aside for their limited growth prospects you need to carefully check the size of the apartment.
Anything under 50 sqm creates real headaches for you as an investor. Lenders do not like doing standard lends on them and as such these types of properties can eat into your savings or equity a little quicker than they should.
You will…[Read more]
Derek replied to the topic Spotting, how does it work? in the forum No Subject 20 years, 11 months ago
Hi Lab,
I suggest that you use the search button (top left) under the forum button.
Search for ‘spotter’ ‘spotting’ or ‘bird dog’ – there is wealth of information provided.
The key issues are your experience and capacity to find the right property, your experience as an investor, your client base and your…[Read more]
Derek replied to the topic I want to share you someone’s story, MUST READ in the forum No Subject 20 years, 11 months ago
Hi Jack,
Thanks for clearing that up – however in the interests of netiquette the source of the ‘story’ should have also been explicitly detailed.
This allows others who are interested in checking sources etc can do so. Having seen some carefully missed bits over the years people tend to get a little sceptical and placing all information clearly…[Read more]
Derek replied to the topic looking for a real estate mentor in the forum No Subject 20 years, 11 months ago
Hi folks,
There is certainly nothing wrong with being 22 the key point is that Jack’s posts have thrown up a couple of inconsistencies that need some explanation on his part.
Failing this they will be deleted – sorry Aussie that is the best we, as moderators can do – we don’t have capacity to ban people. That gets referred up to the…[Read more]
Derek replied to the topic I want to share you someone’s story, MUST READ in the forum General Property 20 years, 11 months ago
Hi Aussie,
You’re right.
‘Jack’ has some real inconsistencies in his story. In an early post he was looking for a mentor and claimed to be 22.
https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=14666
And now he is 42 and made mega bucks from property.
Of course if could just be someone who is pretending to be Jack, or someone from…[Read more]
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