Originally posted by brahms:
hey k and r
had a quick look at your profile…
hate guitar, scuba = shark bait, poetry..mmmm

finance and property? i can help you!

lol brahms, can’t believe you hate guitar, scuba – well, not for everyone i guess, but poetry you just gotta love.

Anyway, Rita and I are actually just now organising to talk to a…[Read more]

Kelbren wrote:

It looks like a scam to me. If I found 30k worth of pest damage I would be asking for a 30k reduction.

For me, this would be the loudest signal telling me it’s a scam. The most obvious. Knock the purchaser back without any remorse, you’ll find an honest buyer.

Karl and Rita.

The only thing that limits us…is a limiting belief.

lil_man,

These are the books I’ve read, and they’ve helped me a lot. I’ll put them in order of MY preference, buy everyone get something different from them.

1. Caught between two worlds – Scott Russell Hill
2. The Celestine Prophecy – James Redfield
3. Way of the Peaceful Warrior – Dan Millman
4. The Magic of Thinking Big – David Schwartz
5.…[Read more]

Hi everyone,

I’ve had a lot of problems in the past with virus’ and spyware/adware etc and now have gotten rid of it all (although ad/spy ware does keep trying to come back).

the programs I use are

1. Spybot Search and Destroy.
2. Ad-Aware
3. Spyware Blaster

Spyware Blaster runs silently in the background and stops ad/spy ware without you…[Read more]

Derek,

It was done by our lender.[biggrin]

K&R

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million
[/quote]

It’s the “investing it sensibly” part that buggers me lol.

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Kay Henry,

Yes the present value is $93K, but we have an independant valuation stating a value of $125K. I believe we would have to refinance to access this equity, yes?

K&R

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Ezy,

Add 2% to the interest rate, or to the final result?

thanks

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Thanks Derek, things are a little more clearer now[thumbsupanim]

K&R

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Thanks Melbear, just one more thing…

Does the $26k become part of the investment loan or is it still part of the PPOR loan. What effect does it take as far as tax goes.

Thanks

Karl and Rita

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Thanks heaps kay henry and jo,Greg and Marc your insight has been very helpful and the info you have given us has inspired us to keep going and not give up. much appreciated.

Karl and Rita

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Hi guys,

just another quick question, would you buy a property unseen?? If so on what conditions would you??

Thanks
Karl and Rita

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Thanks everyone for responding, the advice is great. I’ve read Steve’s book and Rita is about 1/2 way through.

Marc1 – the property is in QLD, and we’re thinking of offering $90k – maybe 85.

Kay Henry – thanks, good advice. Our comfort level is that we know that we’ll make mistakes and probably lose a fair bit of money at some time. That’s ok…[Read more]

Thanks monopoly, every piece of advice helps a lot. Thanks.

Karl and Rita.

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Thanks guys,

Good point shanebal, also I forgot to add that we already have $20,000 deposit cash in bank. I just wanted to know if this was an ethical way to do things because we want to keep our integrity in our dealings.

Again, thanks

Karl and Rita

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Wow

A lot of very good advice there, thanks everyone. I had to read through them twice just to remember what was posted [].

Sooshie, I agree with you. It can only be a fantasy unless action is taken (we all know that, don’t we). My fiance and I are buying our 1st home now and are looking forward to getting started. I just have one more question…[Read more]

The book has PICS??!?[] Damn, I got ripped off.

FYI: Dolf if coming to OZ over Nov/Dec. If anyone is interested check out Pow Wow events.

http://www.powwowevents.com.au

Karl.

The future belongs to those who believe in the beauty of their dreams. – Eleanor Roosevelt

Hi guys,

I’d just like to add my 10c worth.[]

I agree with Battz71. I too got hooked on real estate investing after reading Dolf de Roos’s book “Real Estate Riches” which defines in my humble view the basic reason why real estate is better than shares.

So there…[]

Karl

The future belongs to those who believe in the beauty of their dreams. -…[Read more]

Hey Allan,

I have no real advice here, but a word of inspiration.

Nobody ever really fails, they just stop trying. Your situation doesn’t define your possibilities, your minds beliefs do. NEVER give up (I know you won’t), and you’ll make it.

OK, that was like 12 words or something, but who’s counting.[]

Karl.

The future belongs to those who…[Read more]

Allan,

I hope you got my e-mail. I just discovered that in Excel, if you choose Tools/Protection from the toolbar, you can Unprotect the spreadsheet and view the formulas within. (In case you hadn’t already found out).

For anyone else reading this, the spreadsheet I am referring to is the “Loan Amortization 1.xls” spreadsheet that comes with…[Read more]