Since 2001 | Total Members: 161,340

JetDollars

  • JetDollars replied to the topic Free Property Investing Weekend! in the forum No Subject 21 years, 11 months ago

    the next one will be this coming weekend – good luck

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of financial freedom]

  • JetDollars replied to the topic Free Property Investing Weekend! in the forum No Subject 21 years, 11 months ago

    S.I.S

    Taking the rest of day easy – right

    Relaxing on the chair typing and staring into monitor screen just like me.

    My boss just gave me a big project, better get on with it now otherwise can’t finish it.

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of financial freedom]

  • JetDollars replied to the topic Free Property Investing Weekend! in the forum No Subject 21 years, 11 months ago

    Can you tell me where the properties were in Parkes? I know the area reasonably well and there are some definite good areas and some you do not want to be near.
    Most property in Parkes are at the edge of town with most of them are home and land packages

    Were they on the southside of the railway line? That is flood country
    I don’t care back then…[Read more]

  • JetDollars replied to the topic Free Property Investing Weekend! in the forum General Property 21 years, 11 months ago

    KH – Pensions are not incresed in line with CPI – true

    V.O. will increase the rental return if the pensioners get their payment increase.

    yes he did told me about this. he also said if you get a bank valuation on the property you won’t get $240k. So you have to come up with the different.

    S.I.S, have a got sleep last night? I feel asleep in…[Read more]

  • JetDollars replied to the topic Free Property Investing Weekend! in the forum General Property 21 years, 11 months ago

    They probably got a cheap deal on the alchohol from whatever was left from the Elvis weekend
    We was drinking with Elvis Shadow.

    Can you tell me where the properties were in Parkes? I know the area reasonably well and there are some definite good areas and some you do not want to be near.
    Most property in Parkes are at the edge of town with most…[Read more]

  • JetDollars replied to the topic Free Property Investing Weekend! in the forum General Property 21 years, 11 months ago

    KH,

    Just me and S.I.S. the rest does not identify themself.

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of financial freedom]

  • JetDollars replied to the topic Free Property Investing Weekend! in the forum General Property 21 years, 11 months ago

    Hay Henry,

    Who are you referring too?

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of financial freedom]

  • JetDollars replied to the topic Free Property Investing Weekend! in the forum General Property 21 years, 11 months ago

    NTTT – Not Telling The True

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of financial freedom]

  • JetDollars replied to the topic Free Property Investing Weekend! in the forum General Property 21 years, 11 months ago

    Quoted:
    Fantastic, you can now turn around and wrap them

    If I do wrap there’s going to be a 4 ways wrap.

    S.M – 2 ways wrap (SM & Wrappee)
    V.O – 3 Ways wrap (VO , Wrappee & Tenant)
    Chan$ – 4 ways wrap (Chan$, VO, Wrappee & Tenant)

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of financial freedom]

  • JetDollars replied to the topic Free Property Investing Weekend! in the forum General Property 21 years, 11 months ago

    Rugbyfan & All,
    Quoted:
    In all seriousness, S.I.S and chan$, can you give us a run down of the demographic on the tour. Were they pitched at your young invetsors or the more mature ones?

    The tour was really good. You get to learned each country town along the way. There are approx. 10 towns that we visit. Most of the property that we inspected…[Read more]

  • JetDollars replied to the topic What is the… in the forum General Property 21 years, 11 months ago

    Ask V.O. he’s building 1000 or more in country area

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of financial freedom]

  • JetDollars replied to the topic Brisbane Property in the forum General Property 21 years, 11 months ago

    Quoted:
    Would like anyone’s thoughts on what they think will happen with the Brisbane Property market over the next 5 (or so) years?

    1/3 – Boom
    1/3 – Bust
    1/3 – Neutral

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of financial freedom]

  • JetDollars replied to the topic WA -ONE near the beach or TWO further inland?? in the forum General Property 21 years, 11 months ago

    There we go debate b/w beach and inland house.

    Just go out there and buy one beach house and one inland house wait for 10 years and see which one is better.

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of financial freedom]

  • JetDollars replied to the topic Free Property Investing Weekend! in the forum General Property 21 years, 11 months ago

    Dear All,

    The trip was really good. S.I.S and I spended 2 days talking in the bus, actually that’s all we can do beside looking out of the window. As S.I.S said V.O. Feed us too much food.

    NTTT – I did not buy a block of 4x2Br $240k returning 10% ie. $24000pa, no management fees, no maintaining fees, 5×5 years lease to pensioners. I also did not…[Read more]

  • JetDollars replied to the topic Last Post 15/01/2004? in the forum General Property 21 years, 11 months ago

    I finally can post again. PI.Com just sentenced me for one day.

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of financial freedom]

  • JetDollars replied to the topic Good Reading in the forum Heads Up! 21 years, 11 months ago

    Go to your local newsagent buy ‘Property Investors Magazine’. The last 10 pages or so of the book listed all types of investing books ie. Property, Shares Investing, tax and so on.

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of financial freedom]

  • JetDollars replied to the topic renting to daughter in the forum Help Needed! 21 years, 11 months ago

    Linda,

    Currently I am renting from my Sister-in-law living only 15 house away from me. I pay rent at market price to the real estate agent. This way the ATO won’t think I do illegal thing.

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of financial freedom]

  • JetDollars replied to the topic restumping in the forum Help Needed! 21 years, 11 months ago

    I have recently purchased my first investment property. After the building inspection today, I have been told restumping (approx $6,000) is required, amoungst a few other things.

    I don’t think you have purchase it yet. I make a mistake one when the property need a new retaining wall I just wouldn’t bother to negotiate. 1 week later the real…[Read more]

  • JetDollars replied to the topic Selling a house for $139,000 Gloucester in the forum Help Needed! 21 years, 11 months ago

    That is called Vendor Finance I believe. I think it is a good idea but How would you source out the purchaser who need your finance? I guess you can advertise in local newspaper. If the area you wanna sale is hot then you don’t even need to do that. The property will sale itself.

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the e…[Read more]

  • JetDollars replied to the topic IRR returns in the forum General Property 21 years, 11 months ago

    Generally I borrow 106% and if I have extra money and don’t know what to do with it then I try to pay it of. If the property is +ve cash flow at 100% then it will be at < 100%. But to do this I have to use equity.

    In the future I can alway detach it when the IP price rise.

    Warm Regards

    ChanDollars
    [Keep going, you’re nearly reach the end of f…[Read more]

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JetDollars

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