PropertyInvesting.com | emptyvessel | Activity https://www.propertyinvesting.com/members/emptyvessel/activity/ Activity feed for emptyvessel. Sat, 11 Apr 2026 20:50:31 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 9763db209557caf0de9ae04c4424edf5 emptyvessel replied to the topic First Property seminar....hmmmm not that impressed. in the forum Help Needed! https://www.propertyinvesting.com/topic/4405833-first-property-seminar-hmmmm-not-that-impressed/#post-4663532 Sat, 11 Feb 2012 04:51:05 +0000 Wow, that sounds lame. Was this today, in Sydney? I have some friends going and am curious to see what they have to say after going along.How many folks in the audience?Did you get a feel that were many experienced people or all newbies?Sounds like it might just be a motivational session. Which isn't a bad thing if that is all some folks are…[Read more]

]]> 1575518b5827f830f2188b9ce4c97e6d emptyvessel replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/43/#post-4549271 Fri, 10 Feb 2012 21:23:49 +0000 simple wrote:
moxi10 Joined: 06/11/2010 EPI_Den Joined: 13/11/2010 xdrew Joined: 20/11/2010 Funny that, three persons all joined fairly recently, few days apart from each other and have similar view on the subject. Nick-names are not very creative to. I make no conclusion, let time and posters decide :)

Dude, that is just paranoid. Remember,…[Read more]

]]> 7fe1a2f0e8cf708164e13ce68122ece2 emptyvessel replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum Help Needed! https://www.propertyinvesting.com/topic/4404256-qld-mining-regions-bowen-surat-basins-gladstone-willing-to-help-anyone-with-questions/page/13/#post-4652225 Fri, 10 Feb 2012 21:03:55 +0000 KevinR wrote:
The expansion of the current mine sites, relocation of camp staff from a nearby mine site and the general lack of accom in the town are the main reasons, nearby power station and other govt/private projects underway are also factors I am interested to see what conclusions people have drawn on Collinsville, have others invested…[Read more]

]]> 48f7fae41188933872fcb11874a188de emptyvessel replied to the topic Best advice : Don't invest into property : The australian market is CRASHING. in the forum Help Needed! https://www.propertyinvesting.com/forums/topic/best-advice-dont-invest-into-property-the-australian-market-is-crashing/page/41/#post-4587338 Fri, 27 Jan 2012 10:59:51 +0000 bump – Caught this one during a random search.No bust. Can someone please get the original poster back here to defend himself? Pleeeeeaaaaaase!

]]> 66f5d0cdc197162fcf3f719efe8dbd32 emptyvessel replied to the topic $120 Houses in Australia in the forum General Property https://www.propertyinvesting.com/topic/4401720-120-houses-in-australia/#post-4635265 Fri, 27 Jan 2012 10:36:46 +0000 Shoalhaven seconded. Margaret Lomas is a fan of Nowra too as I recall. She rarely makes a bad call. (I actually don't know of a one.)My recent experience;Feb 2011 settled on 3×3/1/1 villas, single title. Brand new. Cashflow positive after a rent increase. Maybe neutral after a couple of repairs. Strata titled and revalued in Jan 2012 for an extra…[Read more]

]]> 1259825d21579ccea2d74b2efeff42a2 emptyvessel replied to the topic Doing it reno king style in the forum Help Needed! https://www.propertyinvesting.com/topic/4389445-doing-it-reno-king-style/#post-4567065 Fri, 27 Jan 2012 06:40:42 +0000 Just read this after it turned up in a random google search. I love reflecting on past predictions;The property crash never happened in Australia as mentioned by one poster. If I had listened to him, I would have missed out on a few hundred 1000's equity growth.Reno Kings keep on charging. I just listened to a podcast of some of the developments…[Read more]

]]> d885ca2d774530f0028a77001a52b606 emptyvessel replied to the topic Margaret Lomas' Destiny Group in the forum Heads Up! https://www.propertyinvesting.com/topic/4402651-margaret-lomas-destiny-group/#post-4640863 Sat, 27 Aug 2011 22:49:46 +0000 Completely agree. Margaret absolutely walks the talk and is a bonafide guru.Have read almost all her books and found them to be the most down-to-earth, comprehensive and balanced of the many others I have read.After reading everything I could get my hands-on, I became a Destiny customer 3 years ago. Cost us a few thousand for a lifetime platinum…[Read more]

]]> a6ebd693b421eaab826c9051c277fa90 emptyvessel replied to the topic Help create a paradigm shift for Innovation, Invention and Productivity in Australia in the forum fWord wrote: Bottom line is https://www.propertyinvesting.com/topic/4404321-help-create-a-paradigm-shift-for-innovation-invention-and-productivity-in-australia/#post-4652996 Sun, 14 Aug 2011 05:12:50 +0000 fWord wrote:
Bottom line is this: get involved, or get out of here.

This about sums it up. I would like to redirect this conversation back to creating new ideas. Let's refrain from the critical "black hat" analysis for now, there is plenty of time for that later. Let's keep this voraciously "blue sky" thinking.Comon "hbb….", you are a smart…[Read more]

]]> b1ba0d401c4745d56c8ed7bdc96a8bbd emptyvessel replied to the topic How much worse can it get? in the forum General Property https://www.propertyinvesting.com/topic/4404407-how-much-worse-can-it-get/page/2/#post-4653563 Thu, 11 Aug 2011 07:23:33 +0000 xdrew wrote:

emptyvessel wrote:
Can someone define the term "over-leveraging" for me? I hear it alot, but nobody ever seems to quantify it. And if it is quantified by a number, does that number change based on other conditions or is it a cosmological constant (or fudge factor0?

You expose yourself to more debt than you can possibly handle on…[Read more]

]]> 094b7c10c1f9268dfaae7db77a7cbf26 emptyvessel replied to the topic 21st Century USA Property Direct in the forum Overseas Deals https://www.propertyinvesting.com/topic/4404341-21st-century-usa-property-direct/#post-4653143 Tue, 09 Aug 2011 06:50:38 +0000 CheevesFinancial wrote:
  Things to watch out for in Florida:Shady brokersRental Guarantees ….come on, really????  Chinese DrywallSeller FinancingTax DeedsCHEEVESwww.MyRealtySource.com

Thanks for the heads-up cheeves. Are you able to explain why Seller Financing and Tax Deeds are something to watch out for? I just listened to a podcast w…[Read more]

]]> 981b3f179181f0ad5883545382277383 emptyvessel replied to the topic How much worse can it get? in the forum General Property https://www.propertyinvesting.com/topic/4404407-how-much-worse-can-it-get/page/2/#post-4653553 Tue, 09 Aug 2011 06:12:47 +0000 ummester wrote:
Debt has been growing unsustainably for a long time now – possibly as far back as the 80s. It has to correct. Doesn't matter what is done, the underlying problem has to go away for real growth to resume.Only sustainable solution is a deleveraging the likes of which the world hasn't seen since the great depression.That's my take…[Read more]

]]> b92e212ef29b1ec827b6e2fb0c28e4c6 emptyvessel replied to the topic How much worse can it get? in the forum General Property https://www.propertyinvesting.com/topic/4404407-how-much-worse-can-it-get/#post-4653552 Tue, 09 Aug 2011 06:10:42 +0000 kong71286 wrote:
The last time round it was a flight towards 'Liquidity'This time round it will be a flight towards 'Safety'

Sounds good to the ear, but in reality doesn't mean anything tangible IMO.Safety and Liquidity are in the eye of the beholder. [Even I am not sure what I meant by that]

]]> de8d908669d418717c55f2415da73878 emptyvessel replied to the topic How much worse can it get? in the forum General Property https://www.propertyinvesting.com/topic/4404407-how-much-worse-can-it-get/#post-4653551 Tue, 09 Aug 2011 06:09:01 +0000 shoooshoo wrote:
this video summarises the sharemarket: http://www.collegehumor.com/video/6477219/remix-e-trade-baby-loses-everything hilarious!!!

Gold! Awesome vid, thanks for the laughs

]]> aec0f7e8462f5d3dd75a34b7c3d8a86a emptyvessel replied to the topic How much worse can it get? in the forum General Property https://www.propertyinvesting.com/topic/4404407-how-much-worse-can-it-get/#post-4653539 Tue, 09 Aug 2011 01:30:54 +0000 John555 wrote:
I heard someone say that it costs more to insure the US against default than Brazil. (Credit Default Swaps). Now Brazil has an S&P rating of BBB. So the US should be BBB or lower. Also in Oct 2010 Brazil last sold government bonds, they had to pay 8.85%, so what should the US be paying?

S&P are part of the problem. The m…[Read more]

]]> 92360fd069b56ab17aa525b0673a5483 emptyvessel replied to the topic How much worse can it get? in the forum General Property https://www.propertyinvesting.com/topic/4404407-how-much-worse-can-it-get/#post-4653538 Tue, 09 Aug 2011 01:26:58 +0000 I think the market is over-reacting to the credit downgrade in response to their ludicrous overestimation of the credibility of the 3 big ratings agencies. Remember, these are the ratings agencies largely responsible for putting AAA+ on those vastly complex derivative securities that were ultimately underpinned by high-risk, low-grade…[Read more]

]]> 39f054bfd2686774e45c64bcdbe7936c emptyvessel replied to the topic Help create a paradigm shift for Innovation, Invention and Productivity in Australia in the forum Opinionated! https://www.propertyinvesting.com/topic/4404321-help-create-a-paradigm-shift-for-innovation-invention-and-productivity-in-australia/#post-4652988 Tue, 02 Aug 2011 07:10:40 +0000 Today's idea;$10 for every "open source" idea you submit for use by any Australian citizen.The idea is, generate lots of ideas. As for the selection / qualification process……that is another idea…

]]> a83c7c453558e3833bfcc4075ebfd327 emptyvessel replied to the topic preparing for the worst - economic meltdown in the forum Finance https://www.propertyinvesting.com/topic/4404337-preparing-for-the-worst-economic-meltdown/#post-4653103 Tue, 02 Aug 2011 07:06:48 +0000 Out of interest, what do you regard as "highly leveraged"?Is it an absolute measurement or a relative one?

]]> c127c19a047d60039dd594c565d517e9 emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum General Property https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/10/#post-4645217 Fri, 29 Jul 2011 06:16:46 +0000 This is awesome! So many great ideas.All for the single Australia idea. As a kid I never understood it. Reduces the government, more money to get stuff done, less government to get in the way of getting it done.Water dispersal and national solar. Hell yeah! Now that's worth spending all that carbon tax on.Agreed, get rid of the handouts and get…[Read more]

]]> c6a2461a0c4579e80e461e2fbe01fb36 emptyvessel replied to the topic Help create a paradigm shift for Innovation, Invention and Productivity in Australia in the forum Today's idea; Every school https://www.propertyinvesting.com/topic/4404321-help-create-a-paradigm-shift-for-innovation-invention-and-productivity-in-australia/#post-4652987 Fri, 29 Jul 2011 03:20:11 +0000 Today's idea;Every school kid entering school is "virtually paired" with one child from the third-world, for as long as the Aussie kid stays at school;Each child receives;- Free basic "survival and education" package paid for by Australian Taxes. The package can be administered by UNICEF, CCF, or similar. The money can come out of the existing…[Read more]

]]> 01352015941a16cbe590e029e5ef86d8 emptyvessel replied to the topic Help create a paradigm shift for Innovation, Invention and Productivity in Australia in the forum Opinionated! https://www.propertyinvesting.com/topic/4404321-help-create-a-paradigm-shift-for-innovation-invention-and-productivity-in-australia/#post-4652986 Thu, 28 Jul 2011 05:46:37 +0000 Another idea for you from a TED speaker in 2009;Let's completely change the way we motivate our employees. Shift from Extrinsic "carrot and stick" motivators to Intrinsic Autonomic, Mastery and Purpose-based motivators. 40 years of hard science says it works, but our businesses don't know it.This bloke does a much better job of explaining it than…[Read more]

]]> 3297c495e39d74b33f953dca00de7ff5 emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum General Property https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/10/#post-4645212 Thu, 28 Jul 2011 03:35:34 +0000 ummester wrote:
….more being sunk into invention and productivity will be beter for Australia overall.

We are in complete agreement on this point. This may be the biggest challenge our nation is facing right now. I reckon we all start talking about this more with our contacts, friends, family and colleagues. The media and politicans will…[Read more]

]]> a94f446a2281a03e296ba0071ee096a0 emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum General Property https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/10/#post-4645209 Wed, 27 Jul 2011 08:35:16 +0000 kong71286 wrote:
Apologies for the inconvenience emptyvessel.A lot of the information was new to me, and being a new investor I am quite emotional I just had the urge of sharing the video and warning others as soon as I saw it. I know a lot of friends and family have rushed to buy properties under the belief that property prices always go up,…[Read more]

]]> 349a36e3c5ddca39c46ac38a8757746f emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum General Property https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/10/#post-4645208 Wed, 27 Jul 2011 08:17:36 +0000 gelster wrote:
the driving force for housing price is supply and demand

I am no economist, but isn't that the same for any market?

]]> d1c119c2baa5a4417b54958deca8e164 emptyvessel replied to the topic Why Gold & Silver? FULL MOVIE - Mike Maloney Tells All in the forum Opinionated! https://www.propertyinvesting.com/topic/4403690-why-gold-silver-full-movie-mike-maloney-tells-all/#post-4648145 Tue, 26 Jul 2011 07:14:12 +0000 Can't wait to watch it.Took a look around that site. God, don't spend too long in there or you will end up hiding under your bed in the foetal position, wearing a tin hat and crying "momma".Self-fulfilling prophecy is a term that comes to mind. Aka – Be mindful, you might just get what you wish for. Where your thoughts go, your energy…

]]> d7191ab7b5a442a9e00fa3dfffd5cf71 emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum General Property https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/10/#post-4645205 Tue, 26 Jul 2011 02:51:42 +0000 kong71286 wrote:
I agree that Today Tonight can be biased at times, but thought I'd share the link anyway as it relates to this topic and a lot of the discussions that have taken place in this threadIssue of affordability and how some buyers have been speculating only to end up with negative equity Impact Carbon tax and any interest hikes could…[Read more]

]]> 42396ddeb2cc8c18feb6e2f3df96b9c8 emptyvessel replied to the topic Housing Prices will NOT burst! WHY NOT? in the forum Opinionated! https://www.propertyinvesting.com/topic/4403432-housing-prices-will-not-burst-why-not/#post-4646426 Tue, 26 Jul 2011 00:11:11 +0000 Even if China slows down, we have India coming right up behind them on a slower, steadier and some would argue, far bigger climb with a bigger impact on our economy.

]]> 63c107a82db6a4a441c39e480afb73c5 emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum kong71286 wrote: Property https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/9/#post-4645203 Tue, 26 Jul 2011 00:08:59 +0000 kong71286 wrote:
Property Plunge – (Today Tonight) http://www.youtube.com/watch?v=oE20DWnsEpo

Nobody takes Today Tonight seriously. I haven't watched the video link, but I am sure it is classic sensationalist journalism. Remember, the majority of the media gets paid to attract viewers and sell advertising. NOT to report anything in the best…[Read more]

]]> 85cea0094f84dcf6d65366a3469914fb emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum Nice one fWord. I learned https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/9/#post-4645188 Wed, 20 Jul 2011 08:07:33 +0000 Nice one fWord. I learned quite a few things there I didn't know before. Today is a good day indeed.Here is a post on the macro economic factors, with no mention of property. It presents a nice balanced view of both the bear and the bull;…[Read more]

]]> 64c849b0df3c8d0affeea89df518b45a emptyvessel replied to the topic Destiny in the forum General Property https://www.propertyinvesting.com/topic/destiny/#post-4642923 Tue, 19 Jul 2011 11:18:55 +0000 From a previous post from someone asking a similar opinion about Destiny Financial; https://www.propertyinvesting.com/forums/property-investing/creative-investing/4333270Yes, my wife and I are "Platinum" lifetime customers. I think we paid around $5k all up. Besides initial training, we have a property acquisition plan and timelines. I can attend…[Read more]

]]> 43bfad82ab304f2a1950e854f9f7e25a emptyvessel replied to the topic Destiny in the forum General Property https://www.propertyinvesting.com/topic/destiny/#post-4642922 Tue, 19 Jul 2011 11:15:14 +0000 jcz wrote:
Nutzcraw, Having worked with Destiny closely in the past, I must say that they are pretty good. They have thousands of investors on their books and many of them are repeat clients (also due to the high cost outlaid). However, like Andrew_A said, there are lots of choice out there and you have to make sure that the investment…[Read more]

]]> 50dcc632fc130045ccb27b56d4c9fd0d emptyvessel replied to the topic Destiny in the forum General Property https://www.propertyinvesting.com/topic/destiny/#post-4642921 Tue, 19 Jul 2011 11:11:57 +0000 Qlds007 wrote:
Couldnt agree more with Andrew.Although it sounds convenient to have a one stop shop you have to ask yourself how much are they earning for the convenience.Buying a property and paying over the odds because someone held your hand along the process is not the way to start your investing career.CheersYours in Finance

Good general…[Read more]

]]> c173a01d13c1271507a22cc005038099 emptyvessel replied to the topic Destiny in the forum General Property https://www.propertyinvesting.com/topic/destiny/#post-4642920 Tue, 19 Jul 2011 11:06:47 +0000 Andrew_A wrote:
There's actually a lot of choice out there!Look for someone who is truly independent, not actually selling you a specific product but prepared to help match a property to your exact needs.

Wrong. Shows a lack of understanding of what Destiny offer.Shame, normally both you and Richard offer the best advice I have ever seen.Even…[Read more]

]]> 1f88cc819c24095b3e2949260541d694 emptyvessel replied to the topic Regarding Margaret Lomas Education course in the forum Creative Investing https://www.propertyinvesting.com/topic/4400822-regarding-margaret-lomas-education-course/#post-4629564 Tue, 19 Jul 2011 09:43:12 +0000 nightelves wrote:
Hi guys just wanted to know if anyone here has done education course with margaret Lomas. If so can you please share your experience?

Yes, my wife and I are "Platinum" lifetime customers. I think we paid around $5k all up. Besides initial training, we have a property acquisition plan and timelines. I can attend the course…[Read more]

]]> 94a73af2ec12926f2353ffbb402080c0 emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum General Property https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/8/#post-4645182 Fri, 15 Jul 2011 00:26:01 +0000 ummester wrote:

emptyvessel wrote:
Interesting theory. Are you able to elaborate in more detail how you came to this conclusion?

Simple. If less is spent on housing more can be spent on other things – investment in productive assets, invention, science, arts – whatever.

Ok, I am listening. Can you give me a few examples of how the money an…[Read more]

]]> de3dea741b2d65f5bc1ec1fdc36f3b68 emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum General Property https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/8/#post-4645177 Tue, 12 Jul 2011 09:22:06 +0000 ummester wrote:

emptyvessel wrote:
Nothing good can come from being negative. Nothing.

IMO (just to clarify) cheaper houses are better for society as a whole. So negative sentiment around specific things can generate positive outcomes.

Interesting theory. Are you able to elaborate in more detail how you came to this conclusion?

]]> 067c19993ef142510115038e3f38d2da emptyvessel replied to the topic NRAS Property Revaluations in the forum Finance https://www.propertyinvesting.com/topic/4404121-nras-property-revaluations/#post-4651136 Mon, 11 Jul 2011 21:33:01 +0000 I will do that, when I buy one (NRAS) in a few years. Right now, plenty of opportunity outside NRAS for me.I will certainly ask every valuer I speak to about how they treat NRAS. And will post here on my results.

]]> 861b4c3068a5074c33ed71099c15dadf emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum gmh454 wrote:emptyvessel https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/8/#post-4645174 Mon, 11 Jul 2011 10:03:44 +0000 gmh454 wrote:

emptyvessel wrote:
The market is not crashing. It will be fine. End of story.

it all lies in perception,

Actually, I am not so sure this is true. Example; My general "sentiment" or "perception" of the market may be negative. However, my technical and fundamental analysis of the market (or a subset of it) gives an "upwards…[Read more]

]]> ee1ad231cc824a393ced9cea8611ef87 emptyvessel replied to the topic NRAS Property Revaluations in the forum Finance https://www.propertyinvesting.com/topic/4404121-nras-property-revaluations/#post-4651134 Mon, 11 Jul 2011 09:49:25 +0000 I do think it is convenient that they are forgetting that you can pull your property out of the NRAS scheme at any time.If you do pull it out of NRAS, doesn't it then just get valued as any other equivalent property? The so called "pool" of buyers now includes standard non-NRAS buyers. So standard valuation should apply.

]]> 6c7ffbb9cc7830e9f205ab07b17429a4 emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum General Property https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/8/#post-4645173 Mon, 11 Jul 2011 09:42:09 +0000 gmh454 wrote:

emptyvessel wrote:
The market is not crashing. It will be fine. End of story.

you need to add "imho"and if everyone's opinion is the same as yours , …. then you are right,    ….if however everyone's opinion is otherwise, then down we will go (not arguing about the gradient of the slope here) , but down it will be, for how lo…[Read more]

]]> 3514384d0621298dc11535a0d3f96991 emptyvessel replied to the topic NRAS Property Revaluations in the forum Finance https://www.propertyinvesting.com/topic/4404121-nras-property-revaluations/#post-4651132 Sun, 10 Jul 2011 02:59:53 +0000 That's a bummer. Steers me away from NRAS for the next few purchases. Just won't help me use equity growth to fund further purchases.That said, they could fit extremely well in the portfolio later once I have the base growth engine ticking along nicely. i.e. NRAS tackles the cashflow side of the equation nicely and could offset the significant tax…[Read more]

]]> daf8f6d7cdbbd938fcc9ab4dc83b66ad emptyvessel replied to the topic Having problems renting out? in the forum General Property https://www.propertyinvesting.com/topic/4404027-having-problems-renting-out/#post-4650501 Sun, 10 Jul 2011 02:54:20 +0000 No, I am having no problems renting. Just finished putting rents up.

]]> 97e48e862ceb0f77642c559bd07ad114 emptyvessel replied to the topic Property bust not here yet ... worse to come in the forum Johnny1974 wrote:Hi all https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/39/#post-4549204 Sun, 10 Jul 2011 02:50:29 +0000 Johnny1974 wrote:
Hi all Just my thoughts…… I to agree the world financially is pretty toxic at the moment and has been since 2006. Seems everyone, every sector, in every country is being hit hard. The only shining light is the worldwide mining industry. We have strategically sold down our portfolio of six properties to two since 2006.…[Read more]

]]> 0f9626fd9aebd7af64d38ce0ea956b95 emptyvessel replied to the topic Property bust not here yet ... worse to come in the forum mattnz wrote:emptyvessel https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/39/#post-4549203 Sun, 10 Jul 2011 02:46:46 +0000 mattnz wrote:

emptyvessel wrote:
Choir, I am aiming to emulate your success.For my part, I am about 73% LVR'd into the "game" across my entire portfolio. About 50/50 property and equities. Then various diversification splits under these. Likely to go 70/30 property and equities over the next couple of years.Wish I got into gold 10 years ago.…[Read more]

]]> 5c56a10f60b2fb0b1a84d8507b40138a emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum General Property https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/8/#post-4645171 Sun, 10 Jul 2011 02:40:17 +0000 mattnz wrote:

emptyvessel wrote:
The market is not crashing. It will be fine. End of story.

Thats what they were saying in USA, Spain, Portugal, Ireland, UK etc before their markets crashed in the past few years and before that, Japan in 1990s. The common theme between all of these countries is high levels of debt financing the property…[Read more]

]]> 2ecfdff3b6a8748fcfe400594c4c53ce emptyvessel replied to the topic Anyone else spooked by this talk of removing negative gearing? in the forum Finance https://www.propertyinvesting.com/topic/4404134-anyone-else-spooked-by-this-talk-of-removing-negative-gearing/#post-4651206 Sun, 10 Jul 2011 02:16:07 +0000 swampy30 wrote:
I'm not spooked, I'm bemused. And of course, we're talking about negatively gearing property only. Approx 70% of individual investors use NG to fund their purchase. Around 1.6 million taxpayers used NG year ending 2010, generating a net rental loss of $6.5 billion. In my opinion, not a huge cost compared to providing about one…[Read more]

]]> 1772525f1ed6261638aa980564e5ebd6 emptyvessel replied to the topic Anyone else spooked by this talk of removing negative gearing? in the forum Finance https://www.propertyinvesting.com/topic/4404134-anyone-else-spooked-by-this-talk-of-removing-negative-gearing/#post-4651205 Sat, 09 Jul 2011 23:58:55 +0000 bumskins wrote:
I say cut property free and let it stand on its own 2 feet without the tax incentives.

Ludicrous argument unless you support doing the same for every other type of investment-associated tax incentive. Shouldn't this then extend to equity margin loans, franking credits, business R&D, business operating losses and so on? If not,…[Read more]

]]> 697053ad549e7247f04350af062df593 emptyvessel replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/39/#post-4549200 Fri, 08 Jul 2011 23:16:32 +0000 MikeLewis wrote:
Unfortunately reigning in the growth states thru higher interest rates will punish the slower states but it may be a reality the way things are going. interetsing times, as they all are. It's different this time, just as every new day is. When any boom is in progress, there's always the "I can't see any end to it" mentality.…[Read more]

]]> d10e6194cb26d1cde82934a8ee487ab9 emptyvessel replied to the topic Property bust not here yet ... worse to come in the forum Choir, I am aiming to https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/39/#post-4549199 Fri, 08 Jul 2011 23:02:08 +0000 Choir, I am aiming to emulate your success.For my part, I am about 73% LVR'd into the "game" across my entire portfolio. About 50/50 property and equities. Then various diversification splits under these. Likely to go 70/30 property and equities over the next couple of years.Wish I got into gold 10 years ago. But I wish I got into property 10…[Read more]

]]> 8155e35b3168a8800daa121ec53395a4 emptyvessel replied to the topic The steps to watch for in the coming Australian housing correction in the forum The market is not crashing. https://www.propertyinvesting.com/topic/4403251-the-steps-to-watch-for-in-the-coming-australian-housing-correction/page/8/#post-4645169 Fri, 08 Jul 2011 22:35:30 +0000 The market is not crashing. It will be fine. End of story.

]]> de468bc182fe7a738f5bfb29f52fe87c emptyvessel replied to the topic NRAS Property Revaluations in the forum Finance https://www.propertyinvesting.com/topic/4404121-nras-property-revaluations/#post-4651127 Wed, 06 Jul 2011 10:13:02 +0000 I am impressed that you got hold of the full valuation from the lender. Mine won't give me a copy, no matter how nice I ask.A couple of ideas for you to take or leave;1) Call some other panel valuers in the area and ask their opinion about NRAS properties. Do they have a similar view?2) Call some valuers in other areas and have a chat. Try and…[Read more]

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