Total Members: 158,566

ilearner

  • ilearner replied to the topic TRIBUNAL RULES WRAP CONTRACT “UNJUST” in the forum Creative Investing 18 years, 7 months ago

    I totally agree with the Tribunal. The WRAP is unjust — I have made this comment on another similar thread.

    Investment is a fair play which is sustainable. The whole wrap setup was a trap for those taking the contract. As the promoter for this method (Steve McKnight in his book), he should be shamed for promoting such things.

    A fair play is a MUST.

  • ilearner replied to the topic Capricorn in the forum Value Adding 18 years, 7 months ago

    I have no idea those guys buying into this development (the sales agent might be here too). If genuine investors do a bit research, you will understand what you are going to buy. This estate is a joint venture on a long term plan. If you want to hold your block for 10 years, it might be ok. Otherwise, you might be getting a hot potato when the…[Read more]

  • ilearner replied to the topic Steve McK (revised post) in the forum General Property 18 years, 8 months ago

    Best mentor is David Tweed. Reading BRW Sep 15 – Oct 19 Version. He is great mentor in making money

  • ilearner replied to the topic Only 1 mentor for all 250 results participants in the forum Opinionated! 18 years, 8 months ago

    I do not agree those all fors for Steve. I belive as an accountant of integrity he should come out to answer all these valid questions. $9000 is a lot of after tax money. Not all ordinary people are as clever as you (like grossrealisation), they might need peer information NOT one side story. Steve might be just like to get into the market at…[Read more]

  • ilearner replied to the topic Am I on the right track ?? in the forum Help Needed! 18 years, 9 months ago

    Thanks everyone for your input,

    I guess my ultimate goal is to be financially independent and I would like to start setting things up to have a serious go at becoming a full time investor. So my apprentice investor mind tells me to reduce a PPOR mortgage, when I have 1 IP with a net loss of 2,000 per year, but a 100K capital gain. An yes your…[Read more]

  • ilearner replied to the topic Do I have to pay CGT in the forum No Subject 18 years, 9 months ago

    Thanks AUSPORT and DON and LIZ for your kind advice. I believe there are many cases like this. They are plenty of people doing the subdivision, development so on.

    Maybe I move in the house and wait for 3 months to sell for the sake of safety.

    iLearner

  • ilearner replied to the topic Do I have to pay CGT in the forum Help Needed! 18 years, 9 months ago

    Thanks for your kind response. I am still not sure what I should do… more experience / response is appreciated.

    Thanks,

    iLearner

  • ilearner replied to the topic do these numbers work? in the forum No Subject 18 years, 9 months ago

    Hi, Dr X

    I talked to a person did wraps before. He said some banks allowed but some not. These are the bank’s asset until you paid off your loan. If there is a legal loophole in it, you could be well caught into it by the clever tenants.

  • ilearner replied to the topic do these numbers work? in the forum Creative Investing 18 years, 9 months ago

    Hi, Dr X and others

    I am interested in this idea. Does your lender allow you to do it?

    Thanks,

    iLearner

  • ilearner replied to the topic Craig Trunbull in the forum Heads Up! 18 years, 10 months ago

    Hi, All,

    On an unusual occasion (on the way to airpot to pick up someone on 30 July 05), I listened to Craig’s talking. I am sure you what his talking I could do better than him.

    My impression is he does not have his own opinion. All the questions people asked him, he said yes. He probably makes to appeal to everyone, the developers, the…[Read more]

  • ilearner replied to the topic Real Property, Real People, Unreal profits in the forum Opinionated! 18 years, 10 months ago

    Thank u all 4 response. Like the name says, “Real people” – UNreal profits. These real people are really tanentd in property investment.

    I watched Martin current afair – I was shocked by the those lawers. You borrowed $68k – after one year – you got $600k loan. How people’s heart is so BLACK? We seems in a world having nothing but MONEY.

  • ilearner replied to the topic A sick persuit of money in the forum Help Needed! 18 years, 10 months ago

    Everyone has their say. All are right I believe. That is why we are individual. I think too harsh is not very good to relationship. Maybe all you need is to adjust way of expressing your job.

    By the way, how many full time investors here?

  • ilearner replied to the topic Positive Real Estate in the forum Heads Up! 18 years, 10 months ago

    kay henry,

    This is in Perth where property has beening performing very well. I was trying to tell people who on this forum are not got talked into by these “hand made” positive cash flow properties — Understand!

    If they are selling 2 years ago it would be much worse.

  • ilearner replied to the topic Review of Ed Burton in the forum Opinionated! 18 years, 10 months ago

    Dear Cruzier and OZ

    Thank you for sharing your PERSONAL experience with these gurus – they are stink and stink… They pick some tricks from each other and then blast each other on forums…

    I have sent a number of anti-guru and anti-seminar ($$$) posts at these public forums to warn new investors.

    Remember: there is no free food in the world.…[Read more]

  • ilearner replied to the topic Positive Real Estate in the forum Heads Up! 18 years, 10 months ago

    I have checked some those positive cash flow properties the developer/others sold to investors in last 5 years. People spent about $180k on a two/one bed unit with ocean views in 1999. Guess what how much they sold for in Dec 2004? $189k — this is the reality. All these were popped up by these gurus …. Do not use your little trick to…[Read more]

  • ilearner replied to the topic Your Advice!!!!! in the forum Help Needed! 18 years, 10 months ago

    Thanks TMA and Surrey.

    It is in a new development area. Duplex – you can put two on it (even it is a small block 550m2). A cottage block is 300-400m2 with lane way access. Traditional – you have another house oppoiste your backyard.

    They do have some differences – that is why I seek some advice – which way to get better return…[Read more]

  • ilearner replied to the topic Positive Real Estate in the forum No Subject 18 years, 10 months ago

    It seems too many gurus are fighting on this forum…

  • ilearner replied to the topic Perth – where to invest? in the forum Help Needed! 18 years, 11 months ago

    Hi, All,

    I am the northern surburb fan. I have compared surburbs across the metro area. West of Mitchell freeway is much better potential than any other areas. Currently undervalued surburbs such as Craigie, Beldon, Heathridge and Padbury will have great potential. Just compared with their neibouring surburbs, you will find what I am saying.…[Read more]

  • ilearner replied to the topic Recent development success in the forum Value Adding 18 years, 11 months ago

    Hi, Sailesh, how long did it take you to get through the council (subdivision ) or planning authority to get strat tyled?

  • ilearner replied to the topic Stinkin’ Gurus in the forum Heads Up! 18 years, 11 months ago

    I decided to spend 2 more years to get to $1m – then I will run a GURU seminar to lure these non-gurus…

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