PropertyInvesting.com | hellman | Activity https://www.propertyinvesting.com/members/hellman/activity/ Activity feed for hellman. Sun, 12 Apr 2026 09:33:47 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e08de0713b568aa5d64f8e8d5f640778 hellman replied to the topic what is the 80% best lowdoc in the forum Finance https://www.propertyinvesting.com/topic/4384887-what-is-the-80-best-lowdoc/#post-4544353 Wed, 29 Mar 2006 12:21:11 +0000 “Forget about the cheapest rate; the cheapest rate isn’t necessarily the best product”

I am always curious why people spend so much time trying to get a point off here or there when there are bigger issues to look at.

For example I would rather pay a much higher rate and get a higher LVR or a personal banker than always just trying to get the…[Read more]

]]> 306c3169407e00df6b32c037454e9daf hellman replied to the topic Unit Trusts and Land Tax NSW in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4384738-unit-trusts-and-land-tax-nsw/#post-4543687 Fri, 17 Mar 2006 12:11:44 +0000 Accordingly Ed Chan’s Property Trust will now not be able to claim the discount eitheir.

hellman

]]> 53411caea5d11f41b9067bb7d087f785 hellman replied to the topic What lenders use what mortgage insurers? in the forum Finance https://www.propertyinvesting.com/topic/4384515-what-lenders-use-what-mortgage-insurers/#post-4542619 Thu, 16 Mar 2006 23:19:45 +0000 http://propertyinvesting.blogspot.com/2006/03/all-about-lenders-mortgage-insurance.html

hellman

]]> 3742e3cf50f13357c54ef7dbf368de9e hellman replied to the topic $30,000pa Gross - Can she get a loan? in the forum Finance https://www.propertyinvesting.com/topic/4384555-30000pa-gross-can-she-get-a-loan/#post-4542787 Fri, 03 Mar 2006 14:11:41 +0000 Approx. $120,000 (based on living on $250 p/w).

Check out the ‘How much can I borrow?’ claculator:
http://www.anz.com.au/aus/calculators/default.asp?from=anzhp

Hellman

]]> c538f3e37e0c26290679ac4c77edd8e7 hellman replied to the topic European laundries in the forum Value Adding https://www.propertyinvesting.com/topic/4384245-european-laundries/#post-4540905 Sun, 26 Feb 2006 11:06:21 +0000 Just use standard Taps (and other plumbing items) not the european taps (which are non standard, and do not fit our appliances!!!!).

hellman

]]> 056b93ecd9ad1bdbfa82d3cfb43eecd7 hellman replied to the topic Please explain Tax Breaks for newbie! in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4384229-please-explain-tax-breaks-for-newbie/#post-4540851 Thu, 09 Feb 2006 02:03:47 +0000 Although most people who negative gear actually lose money, they make it up through capital gains (sell or revalue (you can live off equity, though there is much debate about this strategy)). Or if you pay P&I (Principal & Interest) over time as rents go up, but your mortgage repayments stays the same the rent will overtake the repayments…[Read more]

]]> fd13ab2400d0398a9cda202e3f69f577 hellman replied to the topic ATO and Investment Trusts in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4384137-ato-and-investment-trusts/#post-4540395 Sun, 05 Feb 2006 16:29:00 +0000 Also a lot of the time the ATO likes to bang the drum of publicity for a few different reasons –
~ It scares people who are cautious and so they won’t use trusts (and so will probably pay more money in tax);
~ It shows the taxpayer / middle class (largest block of voters) they are doing something – ‘clamping down on the rich’;
~ It warns people…[Read more]

]]> 014d8c771ae226655a57cfa5747233f1 hellman replied to the topic low/no doc personal loans in the forum Finance https://www.propertyinvesting.com/topic/4384057-lowno-doc-personal-loans/#post-4540009 Sun, 29 Jan 2006 06:02:04 +0000 As long as you meet the banks criteria then it is possible. Of course it does depend on the amount you wish to borrow (usually personal loans are capped to a maximum amount).

]]> 15cb62ab2ac320e9c9c62c29e344306d hellman replied to the topic Structure Help Please in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383909-structure-help-please/#post-4539256 Sun, 22 Jan 2006 07:59:31 +0000 Do we place current PPOR into trust? (currently in both names)”
imagine taking something from a tax free environment into a taxable environment…….you obviously don’t know the repercussions…i had a laugh there

> Why laugh? Right now they are totally exposed to a lawsuit (the risk is usually low anyway, but depends on profession, etc). What…[Read more]

]]> 5f77ddc358b7254dc18a72552875a5aa hellman replied to the topic Notes in Australia????? in the forum Finance https://www.propertyinvesting.com/topic/4383958-notes-in-australia/#post-4539568 Sun, 22 Jan 2006 07:21:48 +0000 There is really no real ‘note’ market here in Australia.

But really all a note is, is a binding contract. I guess the main difference is the fact is that in the US it is seen as an instrument more (and so can be bought and sold).

hellman

]]> 62b07d284ec23352fcb8c2ccf6966b43 hellman replied to the topic Leveraging Rural Equity in the forum Finance https://www.propertyinvesting.com/topic/4383966-leveraging-rural-equity/#post-4539596 Sun, 22 Jan 2006 07:18:25 +0000 “Brokers can be great, however, if you do your own submission in a professional manner and send it to different banks you may be able to complete the deal yourself. The last broker we used cost us $5000.00 and the bank manager told us we should have just come to him in the first place. $5000 could be a house deposit!”

While that may be true, the…[Read more]

]]> c936231f5368e687a9ba444b1f6bb427 hellman replied to the topic mortgagee sales in the forum Help Needed! https://www.propertyinvesting.com/topic/4383409-mortgagee-sales-2/#post-4536637 Sat, 03 Dec 2005 06:39:20 +0000 We don’t really have mortgage sales here like they have in the US. Usually it goes to public auction by a local RE agent (usually they will put “Mortgagee Sale”in the property description).

As such it is very difficult to almost impossible to buy house that has been forclosed upon privatly.

]]> d505bc10c67988690cad89844885ef95 hellman replied to the topic And/or nominee and trusts in the forum No Subject https://www.propertyinvesting.com/topic/4383388-andor-nominee-and-trusts/#post-4536522 Thu, 01 Dec 2005 09:08:33 +0000 “Back in ’97 when we were completely unaware we sold our 2nd IP to a “and/or nominee” and got royally done over by the wily next door neighbours. Cost us 16K.”

Dazz – how???

]]> cfedd3ac7bf6e99076893a544c154218 hellman replied to the topic Wraps & Big 4 Banks in the forum Creative Investing https://www.propertyinvesting.com/topic/4383151-wraps-big-4-banks/#post-4535058 Mon, 14 Nov 2005 13:34:59 +0000 I would always use a broker when obtaining finance.

At the end of the day the mortgage broker gets paid by getting you your loan while the bank manager simply gets a bonus. In my mind mortgage brokers fight harder to get the loan than staff do.

As such I would use a mortgage broker (whom has many more lenders on their panel, where as a bank has…[Read more]

]]> fccba6f0b4e53cdcfa73e793fa771a6d hellman replied to the topic Finance Valuation done by the Work Experience Kid in the forum General Property https://www.propertyinvesting.com/topic/4383183-finance-valuation-done-by-the-work-experience-kid/#post-4535267 Sat, 12 Nov 2005 07:08:44 +0000 You could demand the bank does a revaluation, you will have to prove this though (so you will need to get the average selling prices of houses in your neighbourhood and compare your hoiuse to recent sales – e.g. X house sold for $X and it did not have air conditioning, etc).

Or you could get your own valuation done (see if it’s on the banks panel…[Read more]

]]> f7391ea889c5b86d9a88ca2508f42d3a hellman replied to the topic Passive Income Using Property - Is It the only way in the forum Help Needed! https://www.propertyinvesting.com/topic/4383173-passive-income-using-property-is-it-the-only-way/#post-4535188 Fri, 11 Nov 2005 08:51:18 +0000 Property is not the only way to create a passive income, you can have a biz/stocks/bonds/RE notes/etc that can all provide passive income. I like property because it’s stable and safe. For example say you got a manager to run your biz, you now might get passive income, but there are higher risks (for example competition, your product being made…[Read more]

]]> d3416d9378991c01c99ed341597a4800 hellman replied to the topic Trust and Company queries in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383012-trust-and-company-queries/#post-4534336 Wed, 02 Nov 2005 19:24:58 +0000 Okay there are a few factors heres at play.

The first factor is what is written on the deed of the trust. If he is the appointer then he can hire or fire the trustee (this can be over ruled though). The trustee runs the trust on behalf of the beneficaries. So could this person fire you – if he was the appointer of the trust, yes.

But if you were…[Read more]

]]> 3d818a93d0d78cf6945def426aae8f0f hellman replied to the topic Pre Nups .. do they protect us ? in the forum No Subject https://www.propertyinvesting.com/topic/4382230-pre-nups-do-they-protect-us/page/3/#post-4529660 Wed, 02 Nov 2005 19:19:11 +0000 If they are good enough for Donald Trump there good enough for me. As such I would have a pre nup, but then I see wealth over a multi generations and as such I’m going to do the best to ensure that. While some people might say I’m setting up for failure, I see it as setting up my future generations for greatness (as well as any charities that I…[Read more]

]]> 6950628df9b7c828ee8fe99b283853b8 hellman replied to the topic Remote Location Lending Ratios in the forum Finance https://www.propertyinvesting.com/topic/4382943-remote-location-lending-ratios/#post-4534059 Wed, 02 Nov 2005 18:38:35 +0000 “This particular property is a block of 4 strata units”

Banks tend to see these as more commercial in nature and as such the LVR drops say from 90% to say 70%.

Hellman

]]> ba2cff776c1e67a53fe1a7c4e9e874ff hellman replied to the topic Byron Bay in the forum General Property https://www.propertyinvesting.com/topic/4382996-byron-bay-2/#post-4534298 Wed, 02 Nov 2005 18:32:39 +0000 Manly I’m sure (with more pubs and a rise with assults).

Im sure alot of tourist towns go through something similar.

In terms of prices of property I don’t think there will be much change. People still want lifestyle. There might be higher vacancies perhaps… (But probably not).

Hellman

]]> 3fe4648c82e74929455220d43fc054b9 hellman replied to the topic If I gave you 1 mil were invest and what return in the forum Creative Investing https://www.propertyinvesting.com/topic/4382917-if-i-gave-you-1-mil-were-invest-and-what-return/#post-4533928 Wed, 02 Nov 2005 18:14:04 +0000 “Hellman I’m thinking this is not in Australia”

It’s very similar to something I’ve just done in Aust.

Hellman

]]> 05dbc73364ea9debda9ec08cdbc29057 hellman replied to the topic If I gave you 1 mil were invest and what return in the forum Creative Investing https://www.propertyinvesting.com/topic/4382917-if-i-gave-you-1-mil-were-invest-and-what-return/#post-4533924 Mon, 31 Oct 2005 16:57:13 +0000 Buy 10 of these:

8plex =$80K

Use $20K to renovate

Rent each place out for $100.

Rent Return is $37,000 after expenses.

Revalue get a LVR of say $90K. Loan @ 70%.
Meaning you have $63K pulled out.

Get Loan on property pay $6,000.00 in I.O.

Pulled out $63K + $30K in rent.

x10 = $930K back into your pocket (for a CoCR of 93% for first…[Read more]

]]> 01fb57fcadacb5b30a53e7cf50123421 hellman replied to the topic Pre Nups .. do they protect us ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4382230-pre-nups-do-they-protect-us/page/3/#post-4529648 Thu, 27 Oct 2005 13:32:14 +0000 Dog_tooth,
Pre nups are legal in Aust (form a article), with te words from a lawyer:

Prenups have been legally binding only since December 2000, they are largely untested in the courts.

To make sure they are watertight, all assets must be disclosed and both parties need to take independent legal advice.

Prenups don’t affect the rights of…[Read more]

]]> b398bfcdff8e69b57c2d39def21fdd9a hellman replied to the topic TRIBUNAL RULES WRAP CONTRACT “UNJUST” in the forum Creative Investing https://www.propertyinvesting.com/topic/4382870-tribunal-rules-wrap-contract-aeoeunjustae%c2%9d/#post-4533635 Thu, 27 Oct 2005 08:50:03 +0000 Your right. I was comparing it to the price they could of bought it at to now (thats why I put in “(from the orignal pirce)”, but perhaps I should re worded it somehow….)… Actually I thought the were offered it for a certain price, but actually it was much lower… over 800% (Dazz – u can work it out per yr, thx. mate [biggrin]).

But in the…[Read more]

]]> 2d9ce6732fb9afe3326bc41043e3cc18 hellman replied to the topic TRIBUNAL RULES WRAP CONTRACT “UNJUST” in the forum Creative Investing https://www.propertyinvesting.com/topic/4382870-tribunal-rules-wrap-contract-aeoeunjustae%c2%9d/#post-4533633 Thu, 27 Oct 2005 03:28:40 +0000 ilearner,

Heres a little story. I knew some people who were offered a wrap for a place they rented back in the 1986. It was in a suburb called Newport in NSW.

They declined (although it was a good price).

Just recently the house sold for $1.65 Million.
Let me repeat that $1.65 MILLION.

Yes the price was a tad high compared to other houses and…[Read more]

]]> bbd8a6d5410312aacd295d590a624d81 hellman replied to the topic gaining finance in the forum Finance https://www.propertyinvesting.com/topic/4382836-gaining-finance-2/#post-4533435 Sun, 23 Oct 2005 16:37:41 +0000 I agree with Mobile Mortgage. Get a loan on your PPOR (your home) to purchase the new invetment property. Remember that your total property is worth $925K and you debt levels at $475K which means you are only have Loan to Value Ratio (LVR) of 50%. which is quite low in my opinon.

Just make sure that you are making enough to cover mortgage…[Read more]

]]> 2ab00249d7a42d86fd03d1cc08ef1c61 hellman replied to the topic Investing in Singapore in the forum Help Needed! https://www.propertyinvesting.com/topic/4382380-investing-in-singapore/page/2/#post-4530652 Sun, 23 Oct 2005 16:27:58 +0000 Thanks to KenKoh2000 & meilin08 for their insights.

I don’t have much to say except that I was listening to one of the most famous RE apartment sellers in the World, Donald Trump, when he said something that I could relate back here.

He basically said that luxury apartments are a specialised market that can have very high growth rates. Supply of…[Read more]

]]> 9bf16c11333dfded03ada0e8629e20f4 hellman replied to the topic DSR ratio in the forum No Subject https://www.propertyinvesting.com/topic/4382839-dsr-ratio/#post-4533439 Sun, 23 Oct 2005 06:52:19 +0000 It really depends. Usually banks take 70% of rental income. Some banks take into account negative gearing (from memory) NAB is one).

Usually they don’t inc. things like tax back from repairs, etc. Unless you make a special case to them (and you are a wealth indvidual that needs to save alot on tax).

Hellman

]]> 75cb527180c0a60f28b0e69f5aeb67a4 hellman replied to the topic ASIC LEGISLATION in the forum Help Needed! https://www.propertyinvesting.com/topic/4382834-asic-legislation/#post-4533420 Sun, 23 Oct 2005 02:38:02 +0000 It means that an investment canly only have 20 investors before a prospectus must be issued as well as not raising more than $2Mil for the first 12 months.

Hellman

]]> 716628f54f425235d1c37929b25c925e hellman replied to the topic LMI rejected..different way to purchase? in the forum Help Needed! https://www.propertyinvesting.com/topic/4382777-lmi-rejected-different-way-to-purchase/#post-4533102 Wed, 19 Oct 2005 15:44:36 +0000 There are two major Mortgage insurers in Aust.-
GE Mg’t Insurance & PMI group (http://www.pmigroup.com.au).

You can check the website of PMI and find out wether they will do you area by checking the Location Wizard. Usually if they can’t do it GE can. Also St George have their own mortgage insurace.

Hellman

]]> 4865bce7265ee324e4911b2c698f2cb0 hellman replied to the topic Sydney Discusion Group in the forum General Property https://www.propertyinvesting.com/topic/4382779-sydney-discusion-group/#post-4533111 Wed, 19 Oct 2005 15:10:57 +0000 ?????

Please Explain

????

Hellman

]]> e7725a2c1ce1f336d03b2158a8e011ae hellman replied to the topic Positive cashflow, Is it possible? in the forum General Property https://www.propertyinvesting.com/topic/4382783-positive-cashflow-is-it-possible/#post-4533146 Wed, 19 Oct 2005 15:09:33 +0000 Is it possible to find +CF property? Yes.
Is it difficult to find +CF property? Yes!

When Steve wrote his first book property prices hadn’t jumped to the level where they are now. I suggest you read Steve’s 2nd book where it talks about creating +CF proerties rather than simply buying them (as it is very difficult to find them). If you just want…[Read more]

]]> be5036026bc0b7ccf05a1900ea5d71c7 hellman replied to the topic Create a Company First??? in the forum General Property https://www.propertyinvesting.com/topic/4382780-create-a-company-first/#post-4533132 Wed, 19 Oct 2005 15:03:07 +0000 Usually I have found most ‘professional’ investors (full time investors) have a company as the truste of the either a Hybrid trust or a Discretionary trust.

Hellman

]]> e82b47c70d71e0e4390adf343addd9a5 hellman replied to the topic 3 Pieces of Gold in the forum General Property https://www.propertyinvesting.com/topic/4382786-3-pieces-of-gold/#post-4533151 Wed, 19 Oct 2005 14:57:13 +0000 -Educate yourself.

-Get a plan for each and every property.

-Don’t pay too much unless u have a damn good reason!

-Double your due dilignece if you plan to reno, build or develop! (and perhaps double your costs as well!).

4… But the 4th one was more practical.

Hellman

]]> 7569dec27a31075330c138c50896c637 hellman replied to the topic Pre Nups .. do they protect us ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4382230-pre-nups-do-they-protect-us/page/2/#post-4529644 Wed, 19 Oct 2005 14:46:17 +0000 Cata is right.

In the end in my opinon it just comes down to doing what is right. As an example have a look at Rupert Murdoch with the settlement he had with his wife.

Instead of going to court (and yes the Family Court could split the shareholding on News Ltd/Fox apart) they decided to form a trust for the kids. Of course she is supported…[Read more]

]]> 68e6172b0967f23bb547d1e409148260 hellman replied to the topic Investigating Commercial Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4382707-investigating-commercial-property/#post-4532671 Sat, 15 Oct 2005 15:04:09 +0000 Great post Dazzling (I knew thos red stars ment something! [;)])

3) There shouldn’t be any copy right issues (as leases are pretty standard things). Usually you can buy them through your RE agent or Real Estate Institute. Otherwise it’s just a normal contract between two biz’s. In my area I get away with one page specials! (though the margins are…[Read more]

]]> 77e9a40fc706c36b8415910d9700ba32 hellman replied to the topic $50,000 into Super? in the forum Help Needed! https://www.propertyinvesting.com/topic/4382709-50000-into-super/#post-4532689 Sat, 15 Oct 2005 14:24:52 +0000 I with Cata on this one. Locking your money away until you are 55+, with the Gov. changing the laws every single year (for example the Gov. just bringing in TAP’s, which is causing much confusion and headaches for investors), is in my mind not that great a deal unless you were making some spectacular return Or you could pull it out and invest into…[Read more]

]]> 3fe02fbe3b2d5f7e1a9e2ec1687f54ad hellman replied to the topic Vendor Finance Mortgage Documents in the forum Finance https://www.propertyinvesting.com/topic/4382690-vendor-finance-mortgage-documents/#post-4532577 Fri, 14 Oct 2005 02:37:38 +0000 I would NEVER do what is knows as a kitchen table close on a wrap.

PaulDobson is right, and in my opinon they look sloppy and unprofessional. Also people will take the wrap alot more seriously when they have to get legal advice, and so in fact, could be less likly to default.

Hellman

]]> 38dc0efba315d74b03247c5a4827762a hellman replied to the topic Renovation Advice Callout! in the forum Help Needed! https://www.propertyinvesting.com/topic/4382674-renovation-advice-callout/#post-4532500 Wed, 12 Oct 2005 15:44:37 +0000 If you can buy at enough of a discount then renovation can still be way to make money. But it would probably be through equity (as buyers are demanding $$$ off before they commit).

Also on small projects (say sub $400K mark) not overcapitalising is very important. As there is not as much margin and your buyers are acting on price to a degree…[Read more]

]]> 77ecb57cd55d7ab6d9e98e5fa26aa7f6 hellman replied to the topic Wraps and CGT in the forum Creative Investing https://www.propertyinvesting.com/topic/4382643-wraps-and-cgt/#post-4532263 Wed, 12 Oct 2005 08:38:59 +0000 CGT does not apply to wraps.

Hellman

]]> 832478923fad18d7b410e6f25f51c48c hellman replied to the topic Owning your own home...waste of money! in the forum Opinionated! https://www.propertyinvesting.com/topic/4382612-owning-your-own-home-waste-of-money/#post-4532124 Sun, 09 Oct 2005 13:53:29 +0000 Renting’s a super choice
From: By Caroline Adam
October 09, 2005

RENTING a home and investing the rest of your money in superannuation makes better financial sense than pursuing the great Australian dream, an industry analyst says.

IBISWorld chairman Phillip Ruthven said that over time, people had been “hoodwinked” into believing that buying a…[Read more]

]]> 969fbce4ab5765410443c98da39ea978 hellman replied to the topic Owning your own home...waste of money! in the forum Opinionated! https://www.propertyinvesting.com/topic/4382612-owning-your-own-home-waste-of-money/#post-4532123 Sun, 09 Oct 2005 13:22:18 +0000 Imagine if you owned a managed fuunds that had invested in such leading compaines as AMP, NAB or in a high growth company called oneTel (which was backed by the 2 richest Australians).
In fact I had a friend that had invested in AMP and NAB.

He probably hasn’t lost money (Oas he had other shares), but rather he hasn’t made any money and when you…[Read more]

]]> ceb4e22f1d409a702b3d62e472546ba8 hellman replied to the topic Bank Guarantees in the forum Help Needed! https://www.propertyinvesting.com/topic/4382604-bank-guarantees/#post-4532065 Sun, 09 Oct 2005 10:35:03 +0000 leapfrog, about the cost issue. Find out if it’s just okay to have the docs explained by a solicitor, rather than having to obtain a certificate of independant legal advice (which in some States are almost impossible to get), etc. I did this with the NAB and they were quite happy (so it cost me only $110).

Hellman

]]> 852c84f61e23aa3f804672ce4162d2cb hellman replied to the topic up front capital gains tax in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4382614-up-front-capital-gains-tax/#post-4532136 Sun, 09 Oct 2005 04:31:49 +0000 Guide to CGT: ceasing to be a resident
http://www.ato.gov.au/individuals/content.asp?doc=/content/57252.htm&page=11#P612_59893

Hellman

]]> b0aa9e41780efe0cfda195023884bd24 hellman replied to the topic What would you do with $250K?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4382590-what-would-you-do-with-250k/#post-4531915 Sun, 09 Oct 2005 03:21:18 +0000 Bankwest offer the best int. rate on savings at the moment, which is 6%.

Hellman

]]> 64df25c6d4e38f57049863d2b4917c04 hellman replied to the topic gross and his project in the forum Creative Investing https://www.propertyinvesting.com/topic/4382540-gross-and-his-project/#post-4531583 Sun, 09 Oct 2005 03:14:22 +0000 I think Gross is trying to run a competition between the mentors deals and his deal… (and he or us will be comparing the deals to see wether the mentoring is worth it?)….

Well thats what I reckon… I think.

Hellman

]]> 808f71f61edc4f4dd9abd5368e17f9ca hellman replied to the topic What would you do with $250K?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4382590-what-would-you-do-with-250k/#post-4531911 Fri, 07 Oct 2005 11:19:11 +0000 I agree with Derek, I’m just telling you what I would do with $250K.

Hellman

]]> 2e5f8b20bb316431fc3c886ef6d6da30 hellman replied to the topic What would you do with $250K?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4382590-what-would-you-do-with-250k/#post-4531909 Fri, 07 Oct 2005 10:37:43 +0000 Well there are really two options in my opinon, you can either invest in or if you think you can beat the return invest yourself.

I would invest all the money, earn 12% and retire in 5yrs (for those 5yrs you would not be able to touch the money). You would be then on an income of $47K and if you decided to continue to work you would be on $92K.

Hellman

]]> cd474c819d34c8c23aa12e974a4b4f35 hellman replied to the topic gross and his project in the forum Creative Investing https://www.propertyinvesting.com/topic/4382540-gross-and-his-project/#post-4531573 Wed, 05 Oct 2005 07:03:02 +0000 Hay I’ll have a go too. But I’m not being metored…

Also it’s a tad unfair… since u are at a quite advanced level of investing…

But interesting to see what deals these people find.

Hellman

]]> c27a5faae0e6479e4717844572f0cbb0 hellman replied to the topic Wildly Wealthy Women in the forum Heads Up! https://www.propertyinvesting.com/topic/4382247-wildly-wealthy-women-3/#post-4529767 Mon, 03 Oct 2005 01:41:23 +0000 Here is the latest on Rowena Wallace:
(from http://www.smh.com.au)

“Pat the Rat is in danger of becoming Pat the Rap, as the Gold Logie winner Rowena Wallace faces a possible jail term after being charged with multiple counts of social security fraud.

Wallace, best known for her role as the nefarious Pat in the TV soap Sons and Daughters, has been…[Read more]

]]>