KeyStrategies wrote:

hbbehrendorff wrote:
Played the 50,000 a year scenario ended up with 2,366,695 nett11% average gain per year its hard to find property that yield over 6% thats what makes it hard

Yes its a challenge I played again on $50k ended up with $2.579 mil but only 9%interesting

How does that work ? how can you end up with more…[Read more]

The clock is broken !

No idea on the price of the land, The owner is the builder who built it.He is absolutely going to make a fortune of these units.

I worked on these units for over a month.Barry is building 4 more on the front part of the block.How much does he want ?I know they roughly cost him 250k each to build.

simple wrote:
Thinking out loud on ROI in Brisbane, Townhouse in Wynnum. Assuming cash purchase:Value $350KRent $400ROI: 6% (less agent fees, rates, body corporate fees, depreciation, down time), be actually close to 3%Trouble free deposit in the bank (say Ubank) is 6.51%Buy some Silver: 80% last 12 monthsBuy some Gold: 20% last 12 monthsGive…[Read more]

If I where you I would put 25,000 into Silver/Gold and put it in a safeThen i would take the rest and buy a undervalued nice and fairly new 2br apartment close to CBD which has a minimum of 8%+ yield before adding your 225k deposit.I believe property at the lower price range such as cheap units are a better alternative in the current Melbourne…[Read more]

wisepearl wrote:
p.s. on that note, anyone got any tips or templates for writing scope of work for painters?

This is an exert from the Qld BSA site Scope of work 1) Apply paint or other substance for protective, decorative or technical purposes, including colour matching. 2) Apply texture coatings.…[Read more]

well technically they are supposed to supply materials otherwise they are just your employees Tradies don't really like you supplying materials, Because they get there materials at a great discount and part of there profit is in the difference between there price and RRPYou might find that if you supply the materials then they might probably…[Read more]

haha That's goldBasically every real estate agent I know are totally full of BS and will tell you any lie to try and make a sale, While at the same time pretending to be your best mate trying to help you.A few other common lines i've heard are things like"Now is a great time to buy, you'd better be quick, Because this place is going to TAKE…[Read more]

Over a 25 years loan you would pay $44,747.00 Interest on a 40,000 loan at 7% which is  111% interest Over a 5 year loan you would pay $9,706.80 Interest on a 40,000 loan at 9% which is  24.2 % InterestOn the case of whether it is a good idea to own your own car.  Leasing/Financing a car is stupid Ev…[Read more]

I absolutely LOVE how when houses don't keep selling for all time high's and people sit and wonder how and why it is possible, Then they start blaming anything from the stock market to poor confidence because of the "GFC" to the easter bunny or the falling of gaddafi regime… or maybe its just the cold weather ???Never do they turn to the biggest…[Read more]

Terryw wrote:
Would you sell an option to purchase the pack?

bahahWould you like to sell an option to purchase your option ?

Can you give me some reasons or evidence why we are NOT in a property bubble that needs to pop ? to me the overwhelming evidence only shows that we are in fact in the biggest property bubble of all timeCan you show me evidence that in fact housing is also historically affordable today ?

a "crash" is 20% fall or morea "correction" would be less then 20%

Played the 50,000 a year scenario ended up with 2,366,695 nett11% average gain per year its hard to find property that yield over 6% thats what makes it hard

I live in Emerald and I work in blackwater sometimes and know the area well. I know people who live in blackwater that have been trying to sell there house for years, it seems to be a place that is a little difficult to liquidate.You should generally find that the returns will be better in blackwater then they are in emerald, Though IMO I would…[Read more]

fWord wrote:
Just to add on, in comparison to our current Medicare (for people that is) system, the 'Medicare for Pets' system is more fair. With Medicare at the moment, regardless of how often we use the public medical system, we are forced to pay a percentage of our salary as Medicare Levy. Worse still are those who leech the system by not…[Read more]

fWord wrote:

hbbehrendorff wrote:
The whole part where you talk about a compulsory "animal ownership" tax where all animals are "microchip ed" and a database of all animals are stored by the empire for the greater benevolence. All hail chairwoman gillard (may her footprints reduce carbon for all eternity)

And so I presume you are an armchair…[Read more]

fWord wrote:

hbbehrendorff wrote:
Is there anything the government wouldn't control in your utopia world ?That is socialist/communism propagana talk at its worst

Man, you sound angry. What statements exactly are you referring to?

The whole part where you talk about a compulsory "animal ownership" tax where all animals are "microchip ed" and…[Read more]

Is there anything the government wouldn't control in your utopia world ?That is socialist/communism propagana talk at its worst