PropertyInvesting.com | jez | Activity https://www.propertyinvesting.com/members/jez/activity/ Activity feed for jez. Sun, 12 Apr 2026 06:09:29 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2e36ed1b4b9df453e0ed8199896d8bf0 jez replied to the topic Cashflow 101 game in the forum Opinionated! https://www.propertyinvesting.com/topic/4368124-cashflow-101-game/#post-4429737 Wed, 14 May 2008 14:28:14 +0000 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

]]> 0a3abf148fb84021a9bda16c8b94353d jez replied to the topic Last Night's Dale G-G Seminar!! in the forum Heads Up! https://www.propertyinvesting.com/topic/4369625-last-nights-dale-g-g-seminar/#post-4441298 Thu, 27 Nov 2003 14:59:15 +0000 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.

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Jeremy Lunn
Melbourne

]]> d85e76ed07cec52a9fbdbebf6537807d jez replied to the topic exams are over in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369364-exams-are-over/#post-4439265 Wed, 19 Nov 2003 12:59:51 +0000

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…

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]]> a47f9bb5491d4dcb7d74676e44c5a2f0 jez replied to the topic exams are over in the forum Forum Frolic https://www.propertyinvesting.com/topic/4369364-exams-are-over/#post-4439261 Fri, 14 Nov 2003 08:46:44 +0000

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]

]]> 503f68d5dc76627f94e975fd1891885b jez replied to the topic What Pets do you have ? in the forum No Subject https://www.propertyinvesting.com/topic/4368363-what-pets-do-you-have/page/3/#post-4431427 Thu, 09 Oct 2003 09:11:30 +0000

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]

]]> dc126cdb1373b9e8571a96aa96e676ca jez replied to the topic Panthers vs Roosters in the forum No Subject https://www.propertyinvesting.com/topic/4368503-panthers-vs-roosters/#post-4432357 Mon, 06 Oct 2003 09:02:04 +0000

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]

]]> 79c39f880ad56d8e2c0707f5e1a97ef9 jez replied to the topic average beginner in the forum General Property https://www.propertyinvesting.com/topic/4368523-average-beginner/#post-4432455 Mon, 06 Oct 2003 08:25:43 +0000 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 [:)])

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Jeremy Lunn
Melbourne

]]> b692126a6850d325a4cd787a619138fe jez replied to the topic Which clauses should be in offers & contracts? in the forum General Property https://www.propertyinvesting.com/topic/4368429-which-clauses-should-be-in-offers-contracts/#post-4431786 Mon, 06 Oct 2003 08:17:22 +0000 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.

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Jeremy Lunn
Melbourne

]]> 23f1fe890cfc439fefe18f7184129b83 jez replied to the topic average beginner in the forum General Property https://www.propertyinvesting.com/topic/4368523-average-beginner/#post-4432453 Mon, 06 Oct 2003 07:11:39 +0000 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]

]]> 3bb9afd58a71c5c590aa1696e4a70541 jez replied to the topic Positive cash flow property in the forum General Property https://www.propertyinvesting.com/topic/4368509-positive-cash-flow-property/#post-4432380 Sun, 05 Oct 2003 20:13:53 +0000 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.

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Jeremy Lunn
Melbourne

]]> 8ab9ce7be41212e51d883b555b23aac1 jez replied to the topic Town size in the forum General Property https://www.propertyinvesting.com/topic/4368494-town-size/#post-4432305 Sun, 05 Oct 2003 14:15:30 +0000 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.

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Jeremy Lunn
Melbourne

]]> 81de68e03419edd976b6f48ade927ec4 jez replied to the topic Neighbours' home for sale in the forum General Property https://www.propertyinvesting.com/topic/4368508-neighbours-home-for-sale/#post-4432374 Sun, 05 Oct 2003 14:00:30 +0000 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]

]]> 8e21871c7a3ae8e1e96a17ae534acefc jez replied to the topic Managed funds the go? in the forum No Subject https://www.propertyinvesting.com/topic/4368496-managed-funds-the-go/#post-4432322 Sun, 05 Oct 2003 12:02:19 +0000 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]

]]> d915fdae970a6b23f7dcaa037cffb643 jez replied to the topic Change to the BuyerBeware product pending... in the forum No Subject https://www.propertyinvesting.com/topic/4368484-change-to-the-buyerbeware-product-pending/#post-4432269 Sun, 05 Oct 2003 05:38:46 +0000 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]

]]> 98848ed249dc2f1e09b96243d4a04842 jez replied to the topic +ve gearing vs +ve cash flow in the forum General Property https://www.propertyinvesting.com/topic/4368455-ve-gearing-vs-ve-cash-flow/#post-4431993 Fri, 03 Oct 2003 14:32:53 +0000 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]

]]> 848c54d9c41b5815071e8a8eb92fce9e jez replied to the topic Omegatrend in the forum Heads Up! https://www.propertyinvesting.com/topic/4368314-omegatrend/#post-4430903 Thu, 02 Oct 2003 10:18:42 +0000 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]

]]> af865acfc2192cd17e2467798e81074d jez replied to the topic A new investor keen to go.. in the forum Hotch Potch https://www.propertyinvesting.com/topic/4368414-a-new-investor-keen-to-go/#post-4431721 Thu, 02 Oct 2003 08:43:24 +0000 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

]]> 6b31fae808bd410615be46f757210b7d jez replied to the topic If you live in Melbourne... let's get together in the forum Opinionated! https://www.propertyinvesting.com/topic/4368325-if-you-live-in-melbourne-lets-get-together/#post-4431033 Thu, 02 Oct 2003 08:26:41 +0000 I’m interested. I’m in Box Hill.

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Jeremy Lunn
Melbourne

]]> e74c3addb045b3eb0e8c3971aa10cb05 jez replied to the topic Student share houses It's not worth the trouble in the forum No Subject https://www.propertyinvesting.com/topic/4368365-student-share-houses-its-not-worth-the-trouble/#post-4431444 Thu, 02 Oct 2003 04:16:49 +0000 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]

]]> 819441b8f9ba42296636b1fb4d18e4d8 jez replied to the topic Property Related Acts for Vic - Help! in the forum Opinionated! https://www.propertyinvesting.com/topic/4368380-property-related-acts-for-vic-help/#post-4431503 Wed, 01 Oct 2003 11:43:33 +0000 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

]]> e9859189fd39bc07464a356b905d7b36 jez replied to the topic calculating returns??? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4368379-calculating-returns/#post-4431502 Wed, 01 Oct 2003 11:28:00 +0000 Not sure how your calculated your percentages but this is what I do…
(200*52)/154000 * 100 = 6.75%
(220*52)/154000 * 100 = 7.43%

Both low yeilds that probably won’t cover your expenses. If a house qualifies for the 11 second rule then the yeild should be about 10.4%. E.g. a house that returns $200 should cost you no more than $100,000,…[Read more]

]]> e20494e0dd2068481bd066d6df21f85e jez replied to the topic Should you get to know your tenant? in the forum Opinionated! https://www.propertyinvesting.com/topic/4368358-should-you-get-to-know-your-tenant/#post-4431270 Wed, 01 Oct 2003 11:16:15 +0000 If you get overly friendly with tenants you’ll run into problems such as where they don’t think you’ll mind if they are late with paying their rent, etc. OTOH they may come running to you for reduced rent.

I think there’s something in Dolf de Roo’s topic along these lines. Of course it doesn’t mean that you want to be rude and abrupt to your…[Read more]

]]> 28011a2e3529807048868114c9d53945 jez replied to the topic Books in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368295-books/#post-4430795 Mon, 29 Sep 2003 08:07:29 +0000 Real Estate Riches by Dolf de Roos. Can’t say I’m the biggest fan of the RichDad series, though I did find Dolf to be quite insightful for at least someone starting out and it was an enjoyable read. Must say I liked Steve McKnights book as well.

As for Jan Somers’ book More Wealth Through Residential Property, it was a completely boring read…[Read more]

]]> 677962c1da6f2bd35d6229f22567ba1b jez replied to the topic Vote on Steve McKnight's book. in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368299-vote-on-steve-mcknights-book/#post-4430800 Mon, 29 Sep 2003 07:51:18 +0000 Can’t say I can vote either way. I’m under the impression that cashflow positive properties can still be found, though with a lot more difficulty than 3.5 years ago! I’d say that Steve’s book is perfectly valid though, even if market conditions aren’t perfect at the moment.

]]> dd7ed4efb6e6b54490a088d2c5dd0cd4 jez replied to the topic Book review - I want a refund! in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368290-book-review-i-want-a-refund/#post-4430747 Mon, 29 Sep 2003 05:30:23 +0000 The whole thing is, if there’s the option of positive gearing vs. negative gearing, which would you choose? Sure it might be hard to save deposits, but if you are negative gearing then you have to do that anyway! Add to that the fact that you’ll also have weekly repayments so saving for more deposits just becomes a whole lot harder.

I’ve never…[Read more]

]]> 6bfbfb2220f7903618f5583ff2b49e74 jez replied to the topic Do the numbers stack up? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368263-do-the-numbers-stack-up/#post-4430479 Sun, 28 Sep 2003 10:08:19 +0000

quote:
Buy and hold + geared maybe + today but- tomorrow.

The only way it can be positive now and negative tomorrow is if either your rents go down and/or your interest rates go up. :s

]]> 7abd300306279a015147d02fdf9b2169 jez replied to the topic Mighty Brisbane Lions in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368259-mighty-brisbane-lions/#post-4430458 Sun, 28 Sep 2003 08:14:37 +0000 There was a dark cloud over Collingwood today as I cycled through there.

]]> f510af51949f914b5bf882076db8936d jez replied to the topic Where are you guys? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4366434-where-are-you-guys/#post-4419411 Sat, 27 Sep 2003 16:27:59 +0000

quote:
You never know who might sue McKnight for breach of privacy…

As long as it’s optional and people know that it’s going in their public profile then they wouldn’t have a leg to stand on if they tried to sue. I really don’t see the harm in people seeing which major city you live in (e.g. Melbourne or Geelong) or region for those in the…[Read more]

]]> 8621942139d3b262749040e710a06eb3 jez replied to the topic Testing alias in the forum Forum Frolic https://www.propertyinvesting.com/topic/4367520-testing-alias/#post-4426523 Thu, 04 Sep 2003 12:12:10 +0000 Ahh nice, looks like that worked then!

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