PropertyInvesting.com | Drewbie | Activity https://www.propertyinvesting.com/members/drewbie/activity/ Activity feed for Drewbie. Wed, 15 Apr 2026 03:04:37 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7dada7589a6eafccd6514e6bbd1a1c2d Drewbie replied to the topic Lemmings in the forum No Subject https://www.propertyinvesting.com/topic/4376837-lemmings/page/5/#post-4494737 Fri, 03 Dec 2004 06:37:58 +0000 Yack,

Your concerns are valid, some indicators show that the economy is starting to slow, the Gov. released figures just recently, retail spending is down 0.7% and new home approval’s have dropped 2.4%. We also dropped U.S. 1C on the Aussie dollar.

There is even a rumor that the Reserve Bank will in fact not raise interest rates next…[Read more]

]]> 877aa829fd1dbdc6fa96c767e5b77899 Drewbie replied to the topic Lemmings in the forum No Subject https://www.propertyinvesting.com/topic/4376837-lemmings/page/5/#post-4494731 Fri, 03 Dec 2004 03:18:01 +0000 Michael & Tim,

You both make excellent points. Not to be paronising, well done.

Thanks for the posts.

]]> 6ca1dead7cdcc1689e3284834fa04863 Drewbie replied to the topic Lemmings in the forum Opinionated! https://www.propertyinvesting.com/topic/4376837-lemmings/page/4/#post-4494726 Thu, 02 Dec 2004 11:21:10 +0000 Hey Yack
I am living in my PPOR and paying it off.
My propoerties are in Midland and High Wvcomb. Both in the Perth Metro area.

No one is saying it is easy by any stretch of the imagination. The deals don’t just fall in your lap, you have to make them work.

Cash flow is what I am looking at presently, but as i said previously, if the figures…[Read more]

]]> d8e8f3a4617809e583dd5a7dd385563f Drewbie replied to the topic Favourite Movie? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4368361-favourite-movie/page/5/#post-4431376 Thu, 02 Dec 2004 07:18:10 +0000 Hi all

Movies huh…

Action – Aliens
Drama – The Usual Suspects
Comedy – Lock Stock & Two Smokin Barrels
– Snatch.

]]> 54616c8cbd63918c97ee898c8f7b36ad Drewbie replied to the topic Lemmings in the forum No Subject https://www.propertyinvesting.com/topic/4376837-lemmings/page/4/#post-4494724 Thu, 02 Dec 2004 07:12:04 +0000 Yack…

I am a newbie with two properties, only aquiring the second one recently.

Thanks for the warning, although I am wondering how much of Steve’s 2 books you have actually read.

It is explained quite simply that research is the answer, along with preparing for the worst case scenario.

Interest rates can be fixed for periods of time and…[Read more]

]]> fed5fb69de8576969d8b8b6e2a801556 Drewbie replied to the topic Help with figures! in the forum Help Needed! https://www.propertyinvesting.com/topic/4377158-help-with-figures-2/#post-4496500 Fri, 26 Nov 2004 10:51:52 +0000 11 Second rule.
Weekly rent/2 (ie halve it) X 1000.
If the cost of sale is equal to or below the figure offered for sale, it is a good starting point. Just check for oddities and unusual expenses.
You cna check the town or area on the internet, some places list economic stats, unemployment etc.
Be careful of using one agent, they could offer a…[Read more]

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