Total Members: 158,314

jez

  • jez replied to the topic Cashflow 101 game in the forum Opinionated! 15 years, 11 months ago

    Might be worth asking around if you want to find people to play the board game with. Might even be some people here who are interested. — Jeremy Melbourne

  • jez replied to the topic Last Night’s Dale G-G Seminar!! in the forum Heads Up! 20 years, 4 months ago

    Someone made the comment that I haven’t been posting here much lately, so here goes. I thought it was great as well. Certainly gets a few thoughts happening.


    Jeremy Lunn
    Melbourne

  • jez replied to the topic exams are over in the forum Forum Frolic 20 years, 5 months ago

    quote:
    Hi Jeremy, I think you are doing close to what I would like my children to do, English, Extended Maths, Physics, Chemistry & IT. My son liked it and did very well. My daughters is doing well but they thinks they don’t like anything (!!)including Science so they skips Physics/Chemistry. My youngest is in yr 11. What do you want to do at the…

    [Read more]

  • jez replied to the topic exams are over in the forum Forum Frolic 20 years, 5 months ago

    quote:
    How come Jeremy finish that early and SIS that late! What courses/yrs are you doing?

    I was doing VCE yr 12. As far as I know exams are still going, but I’ve had all mine. As per other comments I didn’t seem to get all that much swot vac time, about a week before my English exam, then another week until Maths and then Physics was the day…[Read more]

  • jez replied to the topic What Pets do you have ? in the forum No Subject 20 years, 6 months ago

    quote:
    I have 18 rats, and they are the most fantastic pets that you could ever EVER own. You can see some of them at http://www.rockabyeratties.com .

    Are you out of the rat race yet, Smaointe? [:D]

    All we have at the moment is a pure bread cocker spaniel named Sonny Jim, as well as a canary named Charlie. Used to also have another cocker spaniel (blue…[Read more]

  • jez replied to the topic Panthers vs Roosters in the forum No Subject 20 years, 6 months ago

    quote:
    Panthers in a chookhouse ????
    you have a big problem, perhaps you could get stronger chicken wire. my gran had problems years ago with Foxes, so i can understand your dilema.
    regards westan
    (i live in Victoria)

    What kind of yeilds do these chook houses return? [:D]

    Edit: Whoops, I should have been more specific…. yeild could perhaps be…[Read more]

  • jez replied to the topic average beginner in the forum General Property 20 years, 6 months ago

    Also take a good look around this forum. You may pick up some tips as to which areas to look in and many other priceless tidbits of information. Also another useful forum is the somersoft forum which you can find through the web links (though just beware, people like to negative gear there [:)])


    Jeremy Lunn
    Melbourne

  • jez replied to the topic Which clauses should be in offers & contracts? in the forum General Property 20 years, 6 months ago

    If putting in anything about finance, you’ll probably want to put something along the lines that the contract is subject to the purchaser obtaining finance suitable to himself. If not then the vendor could offer you finance at 20% p.a. and you’d have to take it.


    Jeremy Lunn
    Melbourne

  • jez replied to the topic average beginner in the forum General Property 20 years, 6 months ago

    The first real step is to get out on the ground. Have you read Dolf de Roo’s book “Real Estate Riches”? He has a nice little ratio, as follows, to show that real estate is a numbers game:

    100:10:3:1

    Basically it means that you look at 100 houses (I’d say you’d want to look at 90% of them in person, not over the net), of those you may make 10…[Read more]

  • jez replied to the topic Positive cash flow property in the forum General Property 20 years, 6 months ago

    Hmmmmmm

    /me thinks you’d want to get a good price if you go ahead

    Perhaps work out the cost of the repair bill, take that off the value of the property then work out some sort of agreement where if any compensation is received from the builder, it goes to the vendor.


    Jeremy Lunn
    Melbourne

  • jez replied to the topic Town size in the forum General Property 20 years, 6 months ago

    Obviously there are no hard and fast rules about having a population >10,000. If can buy these properties are particularly low prices and all, then get a good yeild then why not? Though might be a little harder to finance.


    Jeremy Lunn
    Melbourne

  • jez replied to the topic Neighbours’ home for sale in the forum General Property 20 years, 6 months ago

    A mate of mine leases out the house next door to him (though in his case I think he may own it outright). They went exclusively through a PM so the tenant doesn’t even know their landlord lives next door! They were concerned that the tenant would feel uncomfortable if they knew, though personally I’d also be concerned that the tenant would feel…[Read more]

  • jez replied to the topic Managed funds the go? in the forum No Subject 20 years, 6 months ago

    Personally I wouldn’t invest in managed funds. They’re diversified to the max so growth is as low as possible, you don’t get a huge return on your investment at the end of the day, you have no control over how your money is invested and you’re still not 100% safe.

    If you can invest in property then do. If you’re not going to invest in property…[Read more]

  • jez replied to the topic Change to the BuyerBeware product pending… in the forum No Subject 20 years, 6 months ago

    One of the features of the e-book is supposed to be that you can print off templates as you need them. I imagine this will no longer be the case if it’s printed product?

    That said, I’m not sure that it’d work on my computer anyway. Is it purely a PDF file? I can view those with no problem.

    Not sure that I can justify the cost for either…[Read more]

  • jez replied to the topic +ve gearing vs +ve cash flow in the forum General Property 20 years, 6 months ago

    Sorry can’t really give you an example but negative gearing essentially means that you make a loss. The government allows you to compensate for this loss by deducting it from your taxable income. So if you’re in the highest tax bracket this really means that you save 48.5% of which you’d have otherways paid in tax. Doing it purely for tax…[Read more]

  • jez replied to the topic Omegatrend in the forum Heads Up! 20 years, 6 months ago

    Having seen the material that Amway try to use to get people in, I wouldn’t touch MLM with a 30 foot pole! It just has absolutely no basis whatsoever. They give you all this marketing psychological crap, but no evidence to back up their claims. My bullshit-o-meter was going hot.

    It’s also alleged that Kiyosaki only put the positive comments on…[Read more]

  • jez replied to the topic A new investor keen to go.. in the forum Hotch Potch 20 years, 6 months ago

    As many people have said, I think you have to really get out there on the streets to find the best deals. I’ve yet to get started with this myself, have really got to find a time when the family car is available and get out to the country.

    Good luck,


    Jeremy Lunn
    Melbourne

  • jez replied to the topic If you live in Melbourne… let’s get together in the forum Opinionated! 20 years, 6 months ago

    I’m interested. I’m in Box Hill.


    Jeremy Lunn
    Melbourne

  • jez replied to the topic Student share houses It’s not worth the trouble in the forum No Subject 20 years, 6 months ago

    Our experience with homestay students is that you can get up to $200 (depending on how much responsibility you take on, e.g. if they’re under 18 ). Generally though I think it’s about $180/week for an adult if yo provide food. Even though rich parents usually pay, they tend to try squeezing every last cent out of you, some going as far as trying…[Read more]

  • jez replied to the topic Property Related Acts for Vic – Help! in the forum Opinionated! 20 years, 6 months ago

    Not sure if it’s much help to you, but you can get most (if not all) state laws from:
    http://www.dms.dpc.vic.gov.au/

    Not sure if they have summaries there at all. Maybe also try Information Victoria:
    http://www.info.vic.gov.au/

    Jeremy Lunn
    Melbourne

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