PropertyInvesting.com | gamay | Activity https://www.propertyinvesting.com/members/gamay/activity/ Activity feed for gamay. Sat, 11 Apr 2026 20:31:47 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 05387a80d1830f0e81b9712445e3efc7 gamay replied to the topic WealthScore.... How Did You Go? in the forum General Property https://www.propertyinvesting.com/topic/4390643-wealthscore-how-did-you-go/page/5/#post-4573184 Sat, 06 Sep 2008 07:16:16 +0000 This is misleading. If I have high salary, it does not necessarily reflect my lifestyle. What if I spend all this money paying off my debt and eat only dog food?

]]> 24b1f10734e3fe7c60383a38458f536b gamay replied to the topic opinions on investing in SA in the forum General Property https://www.propertyinvesting.com/topic/4388773-opinions-on-investing-in-sa/#post-4563758 Fri, 20 Apr 2007 05:17:10 +0000 My RE agent told me that he is getting a lot of enquires from WA investors and they bid against each other at auctions, making clearance rates at their highest. He believes they are the only driving force in current Adelaide RE market.Difficult to buy a good value, but as for my properties, they are going up.Gamay

]]> b352f31e3c6517545f1824c762a89274 gamay replied to the topic What's rich?? in the forum Opinionated! https://www.propertyinvesting.com/topic/4388823-whats-rich/#post-4563969 Mon, 19 Mar 2007 02:56:11 +0000 My target is $10M worth of assets delivering 2% net return and growing annually. I am quite far from there yet, but when I get there I will be rich.

Gamay

]]> 9e4815770a42b1a116215cacf5dc1a59 gamay replied to the topic Global Warming and Renewable Energy in the forum Opinionated! https://www.propertyinvesting.com/topic/4387241-global-warming-and-renewable-energy/page/2/#post-4556651 Wed, 29 Nov 2006 07:45:59 +0000 I agree with you Mpayne that modern coal fired power plants can be 45% efficient, Combined Cycle are even better: up to 65% efficiency and on natural gas. The point is: the old dirty brown coal generators will still be here for years.

Australian average industrial site is extremely inefficient and improving this side of the problem will generate…[Read more]

]]> 183d0cadcc23adcff8d9e0c9cb9702c8 gamay replied to the topic Global Warming and Renewable Energy in the forum Opinionated! https://www.propertyinvesting.com/topic/4387241-global-warming-and-renewable-energy/#post-4556642 Fri, 10 Nov 2006 08:25:23 +0000 While I am in a writing mood I decided to add my view on another issue: Geosequestration (spelled correctly?), or underground CO2 storage, which is being promoted as a “clean coal technology”.

This is a typical exemple of the brainwashing in order to protect coal industry. There is no proven technology and never will be.

These are the reasons:
-…[Read more]

]]> 0fbef41701602280d80715e179d5212f gamay replied to the topic Global Warming and Renewable Energy in the forum Opinionated! https://www.propertyinvesting.com/topic/4387241-global-warming-and-renewable-energy/#post-4556641 Fri, 10 Nov 2006 08:04:20 +0000 Hi all. This is interesting discussion.

There is a scientific proof that CO2 plays a vital role in regulating our planet temperature. There is also a scientific data that the amount of CO2 in the earth atmosphere has increased dramatically during the last century. Attached is the link to the Earth System Recearch Lab…[Read more]

]]> 07f54d111c0afc51b18befb2ffbd111b gamay replied to the topic What type of vehicle do you have ?? in the forum No Subject https://www.propertyinvesting.com/topic/4381491-what-type-of-vehicle-do-you-have/page/9/#post-4524817 Tue, 01 Aug 2006 03:50:06 +0000 I drive Toyota Prado Grande. Bought new in 2004 as a company car. I am getting car allowance, so it works better than just having company provided vehicle.

Regards

gamay

]]> 21f7d52a2ff36eb74d37032af51d7084 gamay replied to the topic Investing in your Education in the forum General Property https://www.propertyinvesting.com/topic/4385650-investing-in-your-education/#post-4548116 Tue, 30 May 2006 03:13:26 +0000 Check their current refund policy. When I ordered this course two years ago they had 12 months no questions asked refund guarantee. I found the course very basic and all about how easy it is to make maney out of CF+ properties. Do not think that this course will actually help you to find these CF+ deals. I got my money back in the end, no…[Read more]

]]> d020b8d0e30ed07ad5619d90d1df94f8 gamay replied to the topic Council Valuation in the forum Help Needed! https://www.propertyinvesting.com/topic/4385656-council-valuation/#post-4548153 Tue, 30 May 2006 02:55:52 +0000 Thank you Westan,

I am mainly thinking, if I buy the house at the price, which is very close to the Council valuation, would it be fair to say that I have it relatively cheap?

Regards

Gamay

]]> 9742194eb128cdeb035ba1a45af74bf8 gamay replied to the topic Fibro cement houses in the forum Help Needed! https://www.propertyinvesting.com/topic/4384197-fibro-cement-houses/#post-4540753 Fri, 10 Feb 2006 03:45:30 +0000 Marsden,

I know that asbestos is still widely used in many countries as building material and for insulating hot and cold pipes, particularly in power stations and boiler houses.

I also understand the risk associated with asbestos handling.

My question however is in regard to any potential legal liability for the landlord.

Regards

]]> 98829ce95d70db76eb963ac9924820d2 gamay replied to the topic Fibro cement houses in the forum Help Needed! https://www.propertyinvesting.com/topic/4384197-fibro-cement-houses/#post-4540751 Thu, 09 Feb 2006 08:51:55 +0000 Are there any issues in terms of renting the house? Do I have to tell my tenant that there is a potential asbestos exposure? What if the tenant gets poisoned when he crashes the wall after the hot argument with his wife? Are there any legislations that require landlord to take any action to prevent asbestos poisoning (particularly in SA)?

Gamay

]]> c2b01ee0dbfef2e27e7d4f9741e0fc21 gamay replied to the topic Tenants split in the forum Help Needed! https://www.propertyinvesting.com/topic/4383632-tenants-split/#post-4537858 Tue, 10 Jan 2006 04:31:37 +0000 Jade,

It is good for the landlord to know what assistance is available to tenants. I am not going to do all the leg work for tenant, however at least I can suggest what options are available, as I am sure most tenants don’t know this.

I would greatly appreciate if you could send me some links; this is the area I feel I need to learn a bit…[Read more]

]]> edad55b688276e7094cacc473d7d8e93 gamay replied to the topic Tenants split in the forum No Subject https://www.propertyinvesting.com/topic/4383632-tenants-split/#post-4537853 Fri, 06 Jan 2006 04:11:26 +0000 Thecrest,

He was paying rent directly into my bank account. It is very clear in the bank statement when the rent was paid and when not.

She is now arranging the rent assistance from the Centerlink and paid 2 weeks rent today, but still 3 weeks behind, but obviously trying to catch up.

I am also helping her to arrange the direct rent payment by…[Read more]

]]> f40d32901a66672adb75eeb321ac4a16 gamay replied to the topic Tenants split in the forum No Subject https://www.propertyinvesting.com/topic/4383632-tenants-split/#post-4537850 Sat, 31 Dec 2005 12:27:55 +0000 I am managing this property myself.

She paid last week’s rent and promised to pay for previous two weeks last Wednesday, but didn’t and also skipped this week rent again.

I tried to be reasonable and avoid the legal process, but looks like have no options. I issued an eviction notice.

Gamay

]]> 5af28c8703a73d24d8bded25f94e8d42 gamay replied to the topic Tenants split in the forum No Subject https://www.propertyinvesting.com/topic/4383632-tenants-split/#post-4537846 Thu, 29 Dec 2005 06:19:38 +0000 Thank you Fern for a good advice. I will action today.

Gamay

]]> 7475560e4e3482b56206d71caa01e992 gamay replied to the topic Concerns for Buffalo/Rochester in the forum General Property https://www.propertyinvesting.com/topic/4381625-concerns-for-buffalorochester/#post-4525828 Thu, 18 Aug 2005 04:07:24 +0000 Interesting discussion.

There are many properties being offered in Buffalo and Rochester by some astute ozzi investors with up to 25% returns at the prices around $30K.

I wonder, if deals are so attractive, why are they flogging them off and not buying for themselves???

Gamay

]]> e9d6e274d6157b8c83bbc7573b02eeca gamay replied to the topic Hans Jakobi's course....quality? in the forum General Property https://www.propertyinvesting.com/topic/4381553-hans-jakobis-course-quality/#post-4525403 Mon, 08 Aug 2005 03:09:54 +0000 Tina, don’t waste your money. You will find similar information in books and on this forum.

Regards

Gamay

]]> f2c23818bc9f597415dc3a7168da2cb4 gamay replied to the topic Hans Jakobi's Super Secrets to Real Estate Wealth in the forum Heads Up! https://www.propertyinvesting.com/topic/4373207-hans-jakobis-super-secrets-to-real-estate-wealth/#post-4469594 Tue, 03 May 2005 04:27:48 +0000 I had this course for a few months, paid $2980 for it. Video’s are of poor quality, conversations are very hard to hear. Books are ok, but you can buy them separately without paying through the nose. Many investment success stories, but all purchased pre-boom cf+.

Nothing I would call a Super Secret in this course, so it is probably…[Read more]

]]> fea85610607b016f38daabb7426590da gamay replied to the topic Whyalla SA Demographics - Internet Joke or Not in the forum Help Needed! https://www.propertyinvesting.com/topic/4379794-whyalla-sa-demographics-internet-joke-or-not/#post-4512937 Tue, 26 Apr 2005 03:41:55 +0000 Late last year I found a number of cf+ properties in Whyalla and even made a couple of offers 30% below asking price and both were accepted.

My decision however was not to invest in Whyalla at that stage.

Be particularly careful with semi’s, they have relatively high vacancy rate.

Regards

Gamay

]]> ffc134011870dc80dd1f5106e9032690 gamay replied to the topic Do you have to pay 10% deposit before settlement? in the forum Help Needed! https://www.propertyinvesting.com/topic/4379732-do-you-have-to-pay-10-deposit-before-settlement/#post-4512562 Mon, 18 Apr 2005 03:22:09 +0000 I always start negotiations from offering $0 – $500, but never pay more than $1,000.

My last IP I purchased with $1,000 deposit.

Last year I purchased IP with no deposit at all, but there was no RE agent involved.

Gamay

]]> 2c6203c484292f5a536b3a88a02507ee gamay replied to the topic Dealing with RE agents in the forum Help Needed! https://www.propertyinvesting.com/topic/4379152-dealing-with-re-agents/#post-4509131 Thu, 17 Mar 2005 06:11:55 +0000 The property is vacant, so finding the seller becomes a bit complicated.

Regards

Gamay

]]> 5a388c0f143072ad0a27f76f5af1a3f4 gamay replied to the topic Dealing with RE agents in the forum Help Needed! https://www.propertyinvesting.com/topic/4379152-dealing-with-re-agents/#post-4509129 Thu, 17 Mar 2005 04:36:47 +0000 I am determined to fight. Any advise on how to use RE agents tricks to trick RE agents? Particularly when agent is saying that he wants to buy the same house as I want, but he is in a better position because he also sells it.

Is it like insider trading? I wonder how can they get away with it?

Regards

Gamay

]]> 4ed3ff9f7ee6f4ceb669d834b7808230 gamay replied to the topic Dealing with RE agents in the forum Help Needed! https://www.propertyinvesting.com/topic/4379152-dealing-with-re-agents/#post-4509127 Thu, 17 Mar 2005 01:29:41 +0000 Can I request a proof that my offer was presented to the seller and what would be that proof?

Gamay

]]> efb228d303d0afa2841665a221a0e276 gamay replied to the topic Dealing with RE agents in the forum Help Needed! https://www.propertyinvesting.com/topic/4379152-dealing-with-re-agents/#post-4509123 Wed, 16 Mar 2005 02:11:34 +0000 Thank you all.

Dazzling, are you saying that I should not make a verbal offer and always put it in writing?

Even with the written offer sometimes agents refuse to submit to the seller because “it is a silly offer”. Even if the agent takes your offer and later calls you to say that it has been rejected, how do you know it was actually presented…[Read more]

]]> 2a6450a70a35730997ddf7c001d180d7 gamay replied to the topic Dealing with RE agents in the forum Help Needed! https://www.propertyinvesting.com/topic/4379152-dealing-with-re-agents/#post-4509119 Tue, 15 Mar 2005 08:18:50 +0000 Hi Pickworth,

Thank you for your comments. I just spoke to my agent and he said that he has never submitted an offer for the property listed with another agency. His comment was that it cannot be done in SA. Is this right? or should I find another agent? Is it different in different states?

Perhaps I can just move on and find another deal, but…[Read more]

]]> 938d63bf633718340b2bac832d1933a1 gamay replied to the topic Dealing with RE agents in the forum Help Needed! https://www.propertyinvesting.com/topic/4379152-dealing-with-re-agents/#post-4509117 Tue, 15 Mar 2005 07:42:59 +0000 Hi debtdogg,

I have a number of good agents, but how can I by-pass the bad one? Can another agent submit my offer for the property which is not on his list? I never tried it.

I might just talk to a couple of guys I know.

Regards

Gamay

]]> 618d96129eb85cc5aed40ead87ff3bb7 gamay replied to the topic Worm has turned in the forum General Property https://www.propertyinvesting.com/topic/4378934-worm-has-turned/#post-4507797 Tue, 01 Mar 2005 07:08:38 +0000 In some areas there is a pressure on rents already. One of my IP’s (3 BR house), which was tenanted @160/w and was recently vacated. It is in a relatively good area: close to shops, schools and 500 m from the train. I advertised it for $175/w and was bombarded with phone calls (more than 20). Finally tenanted @180/w.

Gamay

]]> 3be6cfe972e54c1662cff61d1081bb8a gamay replied to the topic Worm has turned in the forum General Property https://www.propertyinvesting.com/topic/4378934-worm-has-turned/#post-4507785 Tue, 01 Mar 2005 01:37:10 +0000 Hi, Superman,

This is an interesting discussion. I agree that the rent rise will somehow be limited by wage raise in the short term. But thinking in the broader economic sense: oil price rises are not capped by the wage raise, but push the general inflation higher. I think the same will happen with rent. The same demand/supply stuff.

Gamay

]]> c65427d60302cfd58a3a9efafb3bec17 gamay replied to the topic Derivex?? in the forum Finance https://www.propertyinvesting.com/topic/4378837-derivex/#post-4507209 Mon, 28 Feb 2005 08:57:02 +0000 Natalie,

I am not a finacial guru, but when I looked at the loan structure my common sense tells me that it is not going to work or there should be a hidden high risk attached.

Read the small print.

Gamay

]]> 8ce56c98d26ebc535f16dddc5310a7b6 gamay replied to the topic Derivex?? in the forum Finance https://www.propertyinvesting.com/topic/4378837-derivex/#post-4507207 Mon, 28 Feb 2005 04:10:57 +0000 It looks like previous similar iterest free loan schemes (scams?) have won ASIC’s “Pie in the Sky” Award.

]]> 7b1144fc0a8994ea81aa6c1dde01f50b gamay replied to the topic Hans Jakobi ip course in the forum Heads Up! https://www.propertyinvesting.com/topic/4378845-hans-jakobi-ip-course/#post-4507253 Tue, 22 Feb 2005 07:43:40 +0000 In my opinion you learn more from this webside. There are some good books by Hans, but the cource is too much overpriced and is just the success story of investors who invested in CF+ pre-boom.

I am trying to get a refund. Total waste of money.

Gamay

]]> 8887bb547841376aeae78fddbaec8a67 gamay replied to the topic FINDING THE CONFIDENCE in the forum Help Needed! https://www.propertyinvesting.com/topic/4378615-finding-the-confidence/page/3/#post-4505827 Tue, 22 Feb 2005 05:13:27 +0000 Just wanted to share my experience.

In 2002 I made an offer for 3 bdr house on approx 700 m2 block in the location I believed would go up in value as it was close to CBD and in very convenient location close to major shopping and trasport. The house was tenanted @$160 pw. My offer of $140K was accepted. I have done a good research and was quite…[Read more]

]]> de772355f5267168b5100dd0355a06c3 gamay replied to the topic Investing in Whyalla, SA in the forum Help Needed! https://www.propertyinvesting.com/topic/4378238-investing-in-whyalla-sa/#post-4503753 Tue, 25 Jan 2005 01:01:16 +0000 I am thinking of buyng a free standing house, 3 br in Whyalla Stuart. It is close to the shopping centre and Catholic school.There are mainly former SAHT semi’s on the street. I managed to negotiate $85K (from original asking $120K) and the agent says that finding the tenannt for $155/w is not a problem (unlike semi, which have high vacancy…[Read more]

]]> be3cd31799368ed6b7cb526c6f5dcb0d gamay replied to the topic An Amazing Maths Trick in the forum Forum Frolic https://www.propertyinvesting.com/topic/4375594-an-amazing-maths-trick/#post-4487343 Wed, 01 Sep 2004 04:19:17 +0000 You can make it even more complicated, but as long as the final result is 1000x+y you will have the same answer. So, do you want 10 years old to rule this country?

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