Steve’s book was written about property before the prop boom, so that has to be taken into account re cashflow pros.
Similarly with neg geared props, however. You need to look not just at how property *has* increased, but also, how it might increase in value in the future. As we are not all born with…[Read more]
If people have to put up fake pics of themselves, then they obviously don’t like the look of their real self :o) I like seeing pics of real people, rather than plastic ones.
Getting employee of the month is a fantastic achievement :o) I would be incredibly proud if I were you! Sometimes the reward is not always in the envelope. It can be intrinsic, and I imagine it would look very good on your resume if you were dissatisfied with your current job- good for you []
Yeah, the RE game can often make me feel very discouraged. You get seen as a “fool” if you wish to pay fair market value for a property, whereas I just see that as being honest and decent.
Given that CF+ houses are considered the only way to go, but seeing that we have had a RE boom, the only way to really get CG+ is to buy houses…[Read more]
Seems like we have some vast interest amongst the group )
And yes, Matt- i do love my work, but I said we couldn’t talk about work for this topic [:p]
I also like playing my harmonica, going for long drives, spending time with my family when I can- but they are far away, so it only happens a few times a year :o(
Rugby, yeah, I guess I’ll be skiing- even though I’ve never done so I’ve never actually been out of Australia- so this will be all new for me.
I am going to hang out with the charming miss monika- she lives there, so we’ll be doing some wintery things- plus the usual things- going to bdsm gigs there, spending time with her friends, and making up…[Read more]
I love driving around in my car too! :o) Generally, though, I only get to do that in the country. Driving around in sydney becomes more like a chore than a pleasure [V]
Driving is one of my favourite things to do actually :o)
Makes me think of a new topic- gonna put it in the forum frolic section.
A lot depends on your situation. a 90k investment is a lot different to a 440k investment! How much risk do you want to take? What can you afford? Have you thought about contingencies and an exit plan if something goes wrong? etc etc…
Given that you’re new to the property game, one of the important things to know is that there is no…[Read more]
Dunno about the technicalities of lateness etc… but it’s always a good idea to get to know your tenant’s situation.
I have a very lenient perspective about rentals. Basically, I think noone wants to become homeless by being evicted, and the tenant will try to catch up ASAP. Sometimes people lose their jobs or something else happens-…[Read more]
I always find it amazing how people call doing foreclosure deals and wrapping as “helping” people. I always thought “helping” was doing something selflessly. If we wanna “help” people with RE- we should pay them fair value for a foreclosure, and not up the price and interest rate for a wrap. That’s…[Read more]
I guess tha because you own the forum, you tend to be seen as setting the agenda- it’s hard to be equal to someone that owns the forum. It’s like we are tenants and you are the landlord. And some of us are probably more like squatters )
I think it’s great if we are all equal- yay for equality and different opinions! I…[Read more]
By taking the $7000 out, I presume you mean the govt removing it. As Mel said, the grant is for first home buyers. I tend to think the interest rise was about slowing investor’s spending and cooling the housing market down for us mob than it is to slow down first homebuyers.
Whilst the Reserve Bank was very cautious about suggesting the…[Read more]
It sounds as if you have a number of pressures on you. You obviously love your family a heap- they’re lucky to have you :o)) I understand that responsibility stuff. I just hope you’ll be able to relax at some point and feel your goals have been reached before you kark it!
Matt, why I love my work so much is that I’m able to be myself there.…[Read more]
Sadly, I think you’ll have to live out those fantasies elsewhere- you’re my property friends- my mind would be dreaming about depreciation allowances, tax returns, etc etc. I respect you too much to hurt you []
Anyt person can go to Hellfire, but if you go in there and start giggling and asking people to whip you, the only person who…[Read more]