PropertyInvesting.com | HotRod | Activity https://www.propertyinvesting.com/members/hotrod/activity/ Activity feed for HotRod. Mon, 13 Apr 2026 15:12:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f39f19394097f1bd55defb2fd428e386 HotRod replied to the topic crazy perth property in the forum Help Needed! https://www.propertyinvesting.com/topic/4384283-crazy-perth-property/#post-4541062 Sun, 12 Feb 2006 13:29:50 +0000 I agree with the oversees angle.

Was wanting at least $515K for our house and was told we could start with a $529K listing and work down. We needed extra due to having offered a bit more the property we were buying and so listed it for $539K.

Well it went for $535K for a cashed up overseas buyer on the first day to the first people through the…[Read more]

]]> 08e43fb967e949a258f4fb91c6aa232c HotRod replied to the topic Perth - where to invest? in the forum No Subject https://www.propertyinvesting.com/topic/4373215-perth-where-to-invest/page/11/#post-4469885 Fri, 12 Aug 2005 03:00:01 +0000 Originally posted by AUSPROP:
Curtin Uni is loking to bring in an extra 30000 or so students into the area so it will be safe to say you will never be short of a tenant. Vic Park is tipped as undervalued and with the cafe strip now evolving it does seem very cheap. St James villas also appear under valued IMO at $250k – around replacement cost,…[Read more]

]]> a149430e82a25de7dba28367d12ada7d HotRod replied to the topic “Is now a good time to buy, sell or hold?” in the forum No Subject https://www.propertyinvesting.com/topic/4381085-aeoeis-now-a-good-time-to-buy-sell-or-holdae%c2%9d/#post-4522277 Tue, 12 Jul 2005 04:39:54 +0000 Originally posted by redwing:
“Is now a good time to buy, sell or hold?”

YES

My sentiments exactly!!!

Later………

All things are possible to the person who believes they are possible.
Whateve the mind of man can conceive and believe, the mind can achieve.
Napoleon Hill

]]> 4c4965e4c368c635e34e0fefd3fd7ce5 HotRod replied to the topic Perth - where to invest? in the forum No Subject https://www.propertyinvesting.com/topic/4373215-perth-where-to-invest/page/9/#post-4469847 Thu, 07 Jul 2005 01:48:31 +0000 Originally posted by TMA:
Everyone is cashing in on the hype. Remember what happened in Tasmania people!!!

All that interbreeding.[lmao]

Seriously, WA has the resources boom with growth twice the national average.

There are skills shortages here in Perth and regionally with silly money being offered. Staff poaching all sorts of fun and…[Read more]

]]> b629f9582d4710ec3b89694448f600c9 HotRod replied to the topic Father is dying. Please help with advice. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4380863-father-is-dying-please-help-with-advice/#post-4520642 Wed, 22 Jun 2005 06:16:06 +0000 My sympathies also.

Being a very emotive time I would caution against doing anything too brash. Make sure of all your facts and gets details aviable from the hospital and people’s names.

Having no will drawn up the distributuion of the estate would probably be according to what is set out in law. With the will drawn up well, that dictates what…[Read more]

]]> 5be4eb2f7b4f6db58fd9e6c908cb35f1 HotRod replied to the topic Anybody completing wraps in WA in the forum Creative Investing https://www.propertyinvesting.com/topic/4380717-anybody-completing-wraps-in-wa/#post-4519781 Thu, 16 Jun 2005 09:30:41 +0000 Still legal.

If you only do say 1 or 2 you are pretty much ok as far as licensing.

If you do more (and can be seen as making a business out of it) you will need a credit providor’s licence which will entail a cost upfront and then for each loan.

Later………..

All things are possible to the person who believes they are possible.
Whateve the…[Read more]

]]> 9fd72586ed5dfcb1c61f9a81deb32cb0 HotRod replied to the topic Masterclass? in the forum Help Needed! https://www.propertyinvesting.com/topic/4380265-masterclass-4/#post-4516409 Mon, 13 Jun 2005 03:36:26 +0000 Unfortunately (or maybe unfortunately) I had totally forgotten about this and spent yesterday going over another deal.

So I reckon I saved my dough and then some!

Maybe I’ll get along to the next one if in town.

Later………

All things are possible to the person who believes they are possible.
Whateve the mind of man can conceive and…[Read more]

]]> d6afa1a17d4d7a4663a21de84b6234b9 HotRod replied to the topic Show me the.....details in the forum General Property https://www.propertyinvesting.com/topic/4380683-show-me-the-details/#post-4519519 Mon, 13 Jun 2005 00:05:18 +0000 Here’s some sketchy details of my deals:

1 $186K yield 13%
2 $196K yield 13% loan of $405K for the 2
3 $78K yield (15% now 23%) loan of $82K
4 $330K (valued by bank at $353K!) yield (8.6%) loan of $346K

The first 3 were regional WA the last was just purchased in Perth.

Later……….8

All things are possible to the person who believes…[Read more]

]]> 6b9c7c4e3d56e75620301e9d210093f7 HotRod replied to the topic Mandurah in the forum Help Needed! https://www.propertyinvesting.com/topic/4378218-mandurah/page/3/#post-4503610 Sun, 12 Jun 2005 12:11:17 +0000 Originally posted by The Mortgage Adviser:
But Dream, there is just dust further North. It is the last city and there are certainly no major regional areas further North.

There’s plenty of regional centres further north and thus plenty of places to invest.

On a trip up to Port Hedland a few years ago in the winter I was amazed at how many grey…[Read more]

]]> 3f184c453b898fe90f4d508371d59666 HotRod replied to the topic Mandurah in the forum Help Needed! https://www.propertyinvesting.com/topic/4378218-mandurah/page/2/#post-4503602 Sat, 11 Jun 2005 11:14:26 +0000 Originally posted by The Mortgage Adviser:
There is only one place to look at in WA…

GERALDTON, GERALDTON, GERALDTON!!!

Has anyone even bothered taking a look yet?

OK, I’ll bite.[biggrin]

I must admit Geraldton has spurted along the last 12 months: after being pretty much flat:

All 2 B/R 3 B/R
2001 $110 $84 $94
2002 $132…[Read more]

]]> f617c4659eca4943ce447346a13a1260 HotRod replied to the topic Show me the.....details in the forum General Property https://www.propertyinvesting.com/topic/4380683-show-me-the-details/#post-4519512 Sat, 11 Jun 2005 10:52:19 +0000 Originally posted by JKM:
Hi Dazzling. Finally a post that might help me analyse as you would. I am struggling to grasp how people are analysing deals compared to myself. If I look at this one as you have posted it & assumed the loan you obtained of $2.39m is at 7%, the rent of $158K still leaves you as negative $9300. Am I missing something?…[Read more]

]]> d43ef7b5cac5d5dee529dcf19b165616 HotRod replied to the topic Interesting article- 345 years of CG's in the forum General Property https://www.propertyinvesting.com/topic/4380715-interesting-article-345-years-of-cgs/#post-4519775 Sat, 11 Jun 2005 10:43:19 +0000 mmm

I’d be worried too if I was 345 years old and still not getting a good return after all that time.[agro3]

I think I would have kept my money in tulips and then waited for the dot com boom![bomb]

Later………

All things are possible to the person who believes they are possible.
Whateve the mind of man can conceive and believe, the mind…[Read more]

]]> 34ebe15eb5ad257dc260235b6683cc49 HotRod replied to the topic Perth - where to invest? in the forum No Subject https://www.propertyinvesting.com/topic/4373215-perth-where-to-invest/page/9/#post-4469833 Wed, 08 Jun 2005 00:28:52 +0000 Dear Rigby,
Have you checked the past growth rate for Armadale? I was told that one can easily go backwards investing in this suburb, despite its present +CF. Your present +CF rental yield can quickly turn neutral or -CF if the house prices will be gone up soon, as one can expect given all the expected development work there.

regards,
Kenneth…[Read more]

]]> ec9cb9ad53e2d520782594a4739a05c7 HotRod replied to the topic The Dangers of Remote Buying in the forum General Property https://www.propertyinvesting.com/topic/4380601-the-dangers-of-remote-buying/#post-4518901 Sat, 04 Jun 2005 05:43:34 +0000 Originally posted by The Mortgage Adviser:
People always put down what they cannot do themselves.

I do hope that wasn’t addressed to me.

I thought I was not putting down and I so do myself.

Always interesting to see how the market can be moved along by investors and a lick of paint.

But if the numbers work out, well there’s no reason not to…[Read more]

]]> e499e4f7a448b0a60abe95c31b47e7e4 HotRod replied to the topic The Dangers of Remote Buying in the forum General Property https://www.propertyinvesting.com/topic/4380601-the-dangers-of-remote-buying/#post-4518899 Sat, 04 Jun 2005 04:48:50 +0000 I’ve got NO problems with buying there myself.

There are some real opportunities.

But going by the old adage “make your money when you buy” I think people need to be careful to make sure that they aren’t taken for a ride when they buy (it just appears that way with the converstaion I over heard)

Later…………..

All things are possible to…[Read more]

]]> 2ea5e3977910443e0c8fc95f164a60e1 HotRod replied to the topic The Dangers of Remote Buying in the forum General Property https://www.propertyinvesting.com/topic/4380601-the-dangers-of-remote-buying/#post-4518895 Sat, 04 Jun 2005 00:21:23 +0000 I’ve been there lots and have a pretty good idea of the place.

Speaking to locals, contractors in town, hotel staff and agents they just can’t believe what non locals are willing to pay even for some real dogs of places in dodgy suburbs.

You know when the locals start talking about real estate the boom and making money it’s time to look…[Read more]

]]> a325db9bcacf4850ca0ecd779ae6c481 HotRod replied to the topic Sydney Leads the Nation...Downwards in the forum General Property https://www.propertyinvesting.com/topic/4380375-sydney-leads-the-nation-downwards/page/3/#post-4517341 Wed, 25 May 2005 09:20:08 +0000 Negative gearing is a rort that’s unique to Australia and should have been abolished years ago.

That is at least one thing I agree with.

It would surely sort out the real investors from the speculators even if it would probably drop a lot of lower income earners into state housing and the market would crash.

There’s always bad with the…[Read more]

]]> 21da0ba0fa63a83814bf745e7147ef31 HotRod replied to the topic Sydney Leads the Nation...Downwards in the forum General Property https://www.propertyinvesting.com/topic/4380375-sydney-leads-the-nation-downwards/page/3/#post-4517339 Wed, 25 May 2005 09:01:32 +0000 Boy these topics get funnier as they evolve.

Reading what the last couple of posts have been it appears that what this site and its subscribers are trying to do are work less and earn more through RE and then to enjoy life.

Seems that there is another view here that you have to work hard to then enjoy the fruits of your labours.

That’s two…[Read more]

]]> 3e7d38b7e53ba471e6de19dadfe49333 HotRod replied to the topic Some sound advice please in the forum General Property https://www.propertyinvesting.com/topic/4380423-some-sound-advice-please/#post-4517590 Wed, 25 May 2005 00:30:29 +0000 If your going to use P&I to build up equity in a property that you will need to top up every year to cover costs in an area that is flat in growth, whay bother?

Why not find a nice managed fund and put money into that. AT least there’s no outgoings and if you choose a good one it will give you a cash flow and your investment will go up.

I can’t…[Read more]

]]> 1a94a6f6eaf3772a33f83b2339e6aa18 HotRod replied to the topic Small Claims Tribunal in the forum General Property https://www.propertyinvesting.com/topic/4380175-small-claims-tribunal/#post-4515610 Tue, 10 May 2005 07:43:46 +0000 Why do you say “forget the tribunal”?

All things are possible to the person who believes they are possible.
Whateve the mind of man can conceive and believe, the mind can achieve.
Napoleon Hill

]]> 03cb597e10af355200535a54b48014b0 HotRod replied to the topic Small Claims Tribunal in the forum General Property https://www.propertyinvesting.com/topic/4380175-small-claims-tribunal/#post-4515608 Tue, 10 May 2005 07:39:28 +0000 It is a residential tenancy, leased to a company.

All things are possible to the person who believes they are possible.
Whateve the mind of man can conceive and believe, the mind can achieve.
Napoleon Hill

]]> 20948303707415207849c216d2d64b8a HotRod replied to the topic Small Claims Tribunal in the forum General Property https://www.propertyinvesting.com/topic/4380175-small-claims-tribunal/#post-4515605 Tue, 10 May 2005 04:21:09 +0000 I don’t need to worry about the previous water bill as this was paid by the previous owner.

The bond will probably cover the repairs but not the outstanding rent.

Oh well, at least we know where the business is and can send in the sherrifs.

Later………

All things are possible to the person who believes they are possible.
Whateve the mind…[Read more]

]]> b0dad507364084faacd682c5e1c3454d HotRod replied to the topic Scenario – Return on Investment Property in the forum General Property https://www.propertyinvesting.com/topic/4380081-scenario-ae-return-on-investment-property/#post-4514900 Fri, 06 May 2005 04:46:43 +0000 I generally use IRR as a measure for all standalone properties.

Need to make some further assumptions.

rates & management fees 10% of gross rent
maintenance & insuracance 5% of net rent
2.5% capital depreciation of full $100K outlay
all tax based on maximum 48.5% rate ($80K is $10K above maximum rate now but will be phase in point for the…[Read more]

]]> 25cbe00cb7d4a33781f5ada44de08bd4 HotRod replied to the topic Making low offer - written or verbal? in the forum Help Needed! https://www.propertyinvesting.com/topic/4379439-making-low-offer-written-or-verbal/#post-4511022 Thu, 31 Mar 2005 15:55:11 +0000 Not sure about SA but I thought if you made a written offer then it hasd to be presented in all states.

A verbal is worth what it’s written on, absolutley nothing.

Put it in writing and then everyone can see you’re serious. Either get the agent to write it up, fax it to you to sign and then send it back. You get you friend to do it with a pro…[Read more]

]]> 580473852422a94c0940f0d37ae3f119 HotRod replied to the topic ~~Riddle~~01 in the forum Forum Frolic https://www.propertyinvesting.com/topic/4379403-riddle01/#post-4510821 Wed, 30 Mar 2005 09:09:19 +0000 two? ewwwwwww.

nothing said she was changes into clean undies??????

L8r………..

If you think you can you can, if you think you can’t you can’t.

]]> f386385bef0d626febb0f24c3ba1564c HotRod replied to the topic neg gearing in the forum Help Needed! https://www.propertyinvesting.com/topic/4376072-neg-gearing/page/2/#post-4490198 Wed, 22 Sep 2004 03:27:08 +0000 oooooo another -ve geared argument [exhappy]

I guess it all comes down to losing money now in the hope property prices go up or making money now and hoping your property does not go down in value. To me, the second is my choice, at least I know what I have in my pocket each month (I never want to sell). Forking out money from my pocket each…[Read more]

]]> 208e595faf629be7d02bc51ff8aa6797 HotRod replied to the topic Lawyers Aren't all THAT Bad! in the forum General Property https://www.propertyinvesting.com/topic/4375847-lawyers-arent-all-that-bad/#post-4488850 Mon, 06 Sep 2004 03:05:04 +0000 It will end up being a flip, a first for me.

Found out the Vendor was in a tight posi when the agent rung me up (I get on quite well with the guy) saying his Vendor is going nuts and was chewing him “another one”. First time in 20 years he’s had anything this bizarre happen to him as a REA.

Agent basicly was washing his hands of his Vendor as…[Read more]

]]> 11db3a4255bc693695db75e03016ba4c HotRod replied to the topic Lawyers Aren't all THAT Bad! in the forum General Property https://www.propertyinvesting.com/topic/4375847-lawyers-arent-all-that-bad/#post-4488847 Sat, 04 Sep 2004 08:50:58 +0000 BIR = Building Inspection Report

The property is being onsold immediately at a profit with the Vendor paying all commissions, SD and taxes.

Later………..

If you think you can you can, if you think you can’t you can’t.

]]> 9702c11c33c2fdfc137ad289c1c83829 HotRod replied to the topic What age to retire? in the forum Opinionated! https://www.propertyinvesting.com/topic/4375824-what-age-to-retire/#post-4488697 Fri, 03 Sep 2004 10:41:15 +0000 Quite correct Monopoly.

My post was firmly tounge in cheek regarding my dad being pissed!

Should have used one of those smiley thingies………

If you think you can you can, if you think you can’t you can’t.

]]> 41bfe491340265f029d911525fc7b6f6 HotRod replied to the topic What age to retire? in the forum Opinionated! https://www.propertyinvesting.com/topic/4375824-what-age-to-retire/#post-4488694 Fri, 03 Sep 2004 07:23:19 +0000 To my thinking “retire” means that you don’t have to work for someone else or even yourself to survive.

Would essentially come down to enough passive income to meet all you expenses, or sitting on your bum all day and the money would still come in.

Hoping to do that by 40 (currently just gone 37).

I currently consult and think of myself as…[Read more]

]]> 1a84dcfd15977cb95d2f3c9be6769704 HotRod replied to the topic New Estate blocks getting smaller? in the forum Value Adding https://www.propertyinvesting.com/topic/4375604-new-estate-blocks-getting-smaller/#post-4487346 Fri, 20 Aug 2004 07:37:35 +0000 Most developers will be squeezing as much out of a development and as such will maximise their return for the smallest lot possible. It is also sometime dictaed by government.

I’m currently working on a JV for a large national developer and the government agency tendering out the development stipulate how much of each lot size shall be…[Read more]

]]> 12c38b078d0ab09d71913887bb1c9d75 HotRod replied to the topic positive cashflow opportunities in WA in the forum General Property https://www.propertyinvesting.com/topic/4375407-positive-cashflow-opportunities-in-wa/#post-4485926 Mon, 09 Aug 2004 02:21:10 +0000 Hi

from what I recall the population in Katanning has been steadily declining over time as businesses and industry (what i’m not too sure) moving elsewhere.

Later……….

If you think you can you can, if you think you can’t you can’t.

]]> b68588eac1695132aeadac2f18393e43 HotRod replied to the topic Oh the Pain! in the forum General Property https://www.propertyinvesting.com/topic/4375306-oh-the-pain/#post-4485275 Tue, 03 Aug 2004 10:29:07 +0000 Hi Leigh

The main issue was the dodgy plumbing (shower outfall out onto the backyard!!!!) and internal wall changes (some appeared to be load bearing!). Costs to fix these up probably up to %$5 to $10K.

The other issues was the construction method which would really pose no barrier to termites getting into the place, cha ching!

Adding these up…[Read more]

]]> 742175ff4d9f0cd811af8cd826a7cb09 HotRod replied to the topic Oh the Pain! in the forum General Property https://www.propertyinvesting.com/topic/4375306-oh-the-pain/#post-4485273 Tue, 03 Aug 2004 09:37:50 +0000 Hey Kay

Still keen on CF+ and they are getting difficult to find (quality ones that is) but I’m sure that they’re there. Been wanting to get into LO’s/wraps seriously as these seem like the way to go in any market, your game your rules. B&H’s with higher yields are getting few and far between except where you want to start accepting dodgy…[Read more]

]]> e1e0ba10a3c00811581a25b4cefa33f2 HotRod replied to the topic I found a positivly geared property! BUT... in the forum General Property https://www.propertyinvesting.com/topic/4375137-i-found-a-positivly-geared-property-but/#post-4483907 Tue, 27 Jul 2004 01:39:26 +0000 Hi Deanna

If my map reading is of the same standard and if it is where I think it is be carefull.

Drove through there 6 months ago and the local word was not good. People were selling up and moving to greener pastures.

Later………..

If you think you can you can, if you think you can’t you can’t.

]]> 4455a5c6f9b4cad0d7d7a69d8041a6df HotRod replied to the topic Cash flow + property -- who needs it??? in the forum General Property https://www.propertyinvesting.com/topic/4374961-cash-flow-property-who-needs-it/page/2/#post-4482457 Thu, 15 Jul 2004 00:30:27 +0000 None of my “money” in the deals.

$40K of collateral on the +CF using the -CF collateral or something like that.

Looking about 60% ROI and I think a very similar IRR (from memory).

Later………..

If you think you can you can, if you think you can’t you can’t.

]]> c78ff1b7c83b5764ac7c2a1a6f688a56 HotRod replied to the topic Cash flow + property -- who needs it??? in the forum No Subject https://www.propertyinvesting.com/topic/4374961-cash-flow-property-who-needs-it/#post-4482449 Wed, 14 Jul 2004 05:48:55 +0000 Hi Marisa

Happy to……..

Make ~$25K from 5 +CF B&H’s and lose ~$5K from a -CF

Later………

]]> 296d8bd1d2d72c3cee38e80120bc0924 HotRod replied to the topic Council rate recovery auction in the forum General Property https://www.propertyinvesting.com/topic/4374954-council-rate-recovery-auction/#post-4482394 Tue, 13 Jul 2004 01:43:29 +0000 It is probably being autioned as the owner can’t be located or contatced or is not willing to sell to pay for it.

Could always try though I guess???

]]> 5fc24f7ff6dc2e1ac11ae42953722c8b HotRod replied to the topic Perth RE Market in the forum Help Needed! https://www.propertyinvesting.com/topic/4374956-perth-re-market/#post-4482409 Tue, 13 Jul 2004 01:38:43 +0000 High reserves, greedy owners, desperate agents………………..

]]> 82d800a78a7919dc732f56274d6b9651 HotRod replied to the topic customer service in the forum Opinionated! https://www.propertyinvesting.com/topic/4374955-customer-service/#post-4482401 Tue, 13 Jul 2004 01:36:15 +0000 Another story I can relate from my wife.

She went out for breakfast on the weekend with her friends at a place on the beach advertising breakfast for $17.50 ON THE WEEKEND as a special.

They have brekky and proceed to pay the $17.50 only to be told there is a 10% surcharge on the weekend and the cost is $19.25, what?! No amount of trying to…[Read more]

]]> 848872ad7ebcf251a3462d3cf4fb885d HotRod replied to the topic Cash flow + property -- who needs it??? in the forum General Property https://www.propertyinvesting.com/topic/4374961-cash-flow-property-who-needs-it/#post-4482442 Tue, 13 Jul 2004 01:24:28 +0000 CG/+CF all have their places.

One needs to think of whether they want security or freedom and whether they are investing based on opinion or fact.

Myself, I want to have the freedom to do what I want to do and base my investments on fact. I will know how much I will get per month from +CF (fact) and have the freedom to do what I want when I…[Read more]

]]> fb985823021d5e80746daf1101852d60 HotRod replied to the topic I'm confused in the forum Help Needed! https://www.propertyinvesting.com/topic/4374912-im-confused-2/#post-4482084 Fri, 09 Jul 2004 07:37:45 +0000 Sounds like you should have done the numbers first before you bought it as you may well be coughing up a bit every month. At least you took action and you’ll learn and do better next time.

What about selling it on a lease/option?

Or how about seeing what depreciation you can get and an ITWV done to vary you tax taken out of your pay and you…[Read more]

]]> 9190ad745baf7878ced27fc28edf6318 HotRod replied to the topic Perth family property syndicate in the forum No Subject https://www.propertyinvesting.com/topic/4374836-perth-family-property-syndicate/#post-4481504 Tue, 06 Jul 2004 23:58:25 +0000 Speak to an accountant and lawyer (preferably in that order)………..

]]> c48f4740b9bda1ffbe2ffd84332ac836 HotRod replied to the topic What are your occupations? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4373610-what-are-your-occupations/page/4/#post-4472882 Mon, 05 Jul 2004 01:13:29 +0000 Qualified civil engineer (doesn’t mean I’m nice[angry2]) and worked for 15 years, 9 of that in government (dead end) and 6 in private with the last 6 months setting up and working for my own small company (real fun).

That pays the bills.

Like to think myself as a property invester as it’s more interesting to people and even more fun making money…[Read more]

]]> 477088ebedaa25491d5c85a78deaddef HotRod replied to the topic Do positively geared IPs exist in today's market? in the forum Help Needed! https://www.propertyinvesting.com/topic/4374769-do-positively-geared-ips-exist-in-todays-market/#post-4481165 Thu, 01 Jul 2004 09:10:20 +0000 If you think they aren’t any CF+ properties out there then there isn’t. If you think otherwise, there is.

I’m in the process of closing on 2 myself so I must think there is [thumbsup2]. You don’t always have to work on raw yields, think outside the square.

Trick is, if you do find something, you need to be very quick in assessing the deal or…[Read more]

]]> 81be08a88db9aba3cbb81685554dfb1f HotRod replied to the topic Perth - where to invest? in the forum No Subject https://www.propertyinvesting.com/topic/4373215-perth-where-to-invest/page/4/#post-4469746 Wed, 30 Jun 2004 23:46:27 +0000 There are more ways to skin a cat.

Trying to make money out of 2-4% yields is impossible.

Think outside the square and there are plenty of ways to make money in a downward, upward, sideway and every which way property market. Not just B&H but plenty others……….

Later……….

]]> a72d18e3ea3167e7df3c67310b9b9161 HotRod replied to the topic Difference between WRAP & Leases in the forum Creative Investing https://www.propertyinvesting.com/topic/4373307-difference-between-wrap-leases/#post-4470576 Sun, 27 Jun 2004 07:43:43 +0000 Jaffasoft

All depends on how the LO is set up, each is different. It is your deal so it is your rules. Say 10-50% depending on how long they’ve been there, 10% in year 1 to 50% in year 5.[buz2]

Acts as an incentive to eventually cash you out and not just stick your toe in the water and try it out. If so, they should stick to plain…[Read more]

]]> c063b0201c431addd808bce97f6244bd HotRod replied to the topic Negative gearing or positive gearing...whats best? in the forum No Subject https://www.propertyinvesting.com/topic/4374519-negative-gearing-or-positive-gearing-whats-best/#post-4479623 Sat, 19 Jun 2004 08:31:00 +0000 I don’t know about anyone else, but can you eat a house?[blink] Can it feed you?

It’s funny reading books like Steve’s which is really based on CF+ to let you retire early because the houses allow you to eat from the CF+ but a lot of the word on these forums are saying it’s too hard and use CF- to create wealth.

Too hard I guess [confused2] and…[Read more]

]]> f64ad4ae2a7ab1324d33e91b0bb93678 HotRod replied to the topic Perth - where to invest? in the forum No Subject https://www.propertyinvesting.com/topic/4373215-perth-where-to-invest/page/4/#post-4469731 Fri, 18 Jun 2004 08:51:25 +0000 Can anybody guarentee that in writing?[eh] They won’t because they can’t.[thumbsdownanim

All you can be certain about is today, anything in the future is literally fortune telling. Ok if it comes off, and it has lately and more than likely will, but I would rather be creaming it each and every month now than having to pay out of my own pocket…[Read more]

]]> 7010851eedd40a982fdf8c8999786214 HotRod replied to the topic Perth - where to invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4373215-perth-where-to-invest/page/3/#post-4469729 Fri, 18 Jun 2004 04:32:37 +0000 PM

That is correct. Regionals can give more CF+ and they are “up north”.[withstupid]

There is enough fat [biggrin] to allow for rates going south.[angry2]

I’m of the thought that money put in your pocket now is a hell of a lot better than praying that your $50 $100 or what ever you fork out of your own pocket may be worth some thing…[Read more]

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