[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

August 10, 2005 - 12:31 am

cute, redwing

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

August 7, 2005 - 2:00 pm

Dazzling,

I reckon it isn’t hard to get carried away with the whol RE game and then be trapped into it, ie we do what we have to do to purchase and buy more, but then we have to stay doing what we are doing to maintain. Hence, a lot of people are “downshifting” and simplifying. I guess it depends on if you can maintain your income- from whatever sources- to sustain what you have.

Investing massively can be a great thing, but psychology is also a major factor in what we do. As for me, I know sometimes I feel comfortable and at times, I want simplicity. I am paying down debt so that, if I feel like not doing what I’m doing now, I can still be financially “safe”.

Perhaps you are just feeling a little burned out? Would a holiday help?

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

August 7, 2005 - 1:45 pm

Then simply ignore it, Dazz ) And the rest of us will do what we choose, also.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

August 7, 2005 - 12:18 pm

leoau,

I think you need to do your research on bankruptcy. Obviously, most people on here have not gone bankrupt, but lots of wealth gurus have. In fact, some brag about it as part of their marketing. [thumbsdownanim

Try this website for info on bankruptcy:

http://fredappleton.com.au/

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

August 7, 2005 - 9:56 am

hmmm… given that women got kicked out of the public service in Australia when they got married-= and that was official policy… so it’s not long that women have actually been able to freely participate in the world of work. Of course, had they chosen not to be married, and be one of those “career women”, then they could have got paid for their labour, but been on the shelf [biggrin]

Not all jobs suck- some people actually like their jobs, Dazzling. And not all men give their families money they earn. At least men get paid for their job, whereas women don’t, and it can make them financially dependent upon the man- often trapped with kids at home. I personally think it’s healthier if each adult works for pay- better for self-esteem, better to reduce social isolation, better to not bedependent upon someone else for an income.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

August 7, 2005 - 1:54 am

Advertisements such as “I have opportunities available: send me a message” ARE allowed- in people’s bylines- not as the substance of the post.

As Simon said, some people are constantly trying to spam up the forum- and using different names, making one post… it just becomes lame after a while.

If people want to advertise properties, they can do so at somersoft.com which is also an Australian real estate discussion board. They have a specific “caveat emptor” board there for people to do so.

As I said, people can put their services in their byline/signature, but not as specific posts- I reckon that is fair enough. cracker.com.au is another site where people can make free ads (actually, if you read cracker’s policy, they remove get-rich-quick and MLM posts too). Personally, I’m glad we’re a discussion board, and not a free-for-all.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

August 6, 2005 - 2:41 am

A Subaru Impreza RX is my current car- I love it Unpretentious and yet, so smooth. First car was a Hillman Hunter- awww.

Dunno why people want to spend hundreds of k’s on a house and drive around in a car that makes them look like a hillbilly, though. I thought investing in RE is supposed to make our lifestyles better?

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

August 5, 2005 - 12:46 pm

“Like any professional that you employ, you need to check the qualifications of the buyers agent you decide to use. They need to be a qualified real estate agent”

redwing, personally I prefer to deal with people who have qualifications- in any field they are working in- I believe it makes people more accountable- or they may be quality assurance built-in to that profession. It also means one can make complaints to the appropriate governing body, if warranted.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

August 5, 2005 - 7:26 am

Hey Billyray (you got a mullet, perchance?)

I’m not normally into testimonial type things, but I have found Scott of Depreciator very nice to deal with. I am very much into “customer service”, and I’ll always deal with someone who is sane, rational and patient- any time- over business people who have poor interpersonal skills. Scott’s a good bloke and I’ve found my QS reports have been a lot more professionally undertaken than some others I’ve seen.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

August 5, 2005 - 7:15 am

Awwww- gee, how cute, richmond ) Hopefully, you’ll still remember what’s important- such as talking on here- and not hang out with some baby (they’re non-producing, after all- hardly an asset- hehe).

Congratulations, Jamie- you’re a star!

My kid looks like this: [mickey]

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

August 4, 2005 - 10:30 am

Rajeev’s post is a blatant ad, and should be removed.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

August 2, 2005 - 7:40 am

Thanks for the update, Roy

In some ways, a flatter market means IR’s remain low and can’t be too bad… (don’t hit me!) I hope a potentially reinvigorated NSW market doesn’t mean higher IR’s. Think about it: a 2.25% rise in IR’s will be the equivalent of the vendor duty.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

July 31, 2005 - 7:06 am

caston,

I think sometimes it is better to get a job as a paye employee- even though so many people on wealth forums slag off jobs… jobs making people just over broke and all.

Being an employee can have one paying more tax than a business person- but taxation rates have been reduced recently. Being an employee can have fixed hours, whereas a person having their own abn/business can work much upward of 35 hours a week. Being an employee means one gets paid for holidays and gets superannuation paid, plus long-service leave.

There are some valuable things that can arise from being an employee- working for someone else who takes the risk. Gettinf a regular income is very important to me, at least.

I guess the real way to balance what is best for you is to check out your income at the end of each year. On another post, we’ve been discussing well=paid jobs- from < 80k- >130k… If people are liing from one meal to the next, it might be worthwhile earning a large amount as an employee, having no risk, and having a stable wage.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

July 29, 2005 - 2:11 pm

Redwing,

With all due respect (because I respect you), it is not hard to:

“… learn how one man did one deal and took the rest of the year off.”

Lots of people on here make a one-year wage with one deal- via capital gain etc. One only has to buy well and sell well and one can make 60k etc for one year. (I think one would be mad to put one year’s profit into lifestyle expenses, personally, instead of reinvesting)

Why I am saying this is that it isn’t that remarkable to do that part of it. Of course, if one wants to earn 60k++ over the rest of one’s lifetime in passive income, that can be harder to replicate.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

July 28, 2005 - 2:57 am

cathy,

you ARE the body corporate- as in, you are a mwmber of the governing council, and have voting rights. Have you got a position on the BC? Perhaps you can put your name in, so you feel you can have more direct decision-making power.

How many units in the block? I can imagine with a larger block, there may be more cowboys to argue with.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

July 28, 2005 - 12:43 am

Where is parramatta? Does everyone live out west on here? Can we meet in sydney? hehe.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

July 27, 2005 - 2:12 pm

ilearner,

Inventing testimonials is an old trick- and a very boring one- i don’t think anyone falls for it anymore. Probably the best testimonials are ones you can check. With REAL stories, I think anyone would be mad to make stuff up- although Kiyosaki did, and so have a lot of other gurus- particularly about their portfolios.

Really, it’s amazing what people say- property gurus- much of it can be bunkum. I find that the people who talk a lot about honesty etc, are often the ones who are least honest. You’d be surprised about some gurus who have a criminal past.

I tend to think the Reno Kings are pretty decent- they’re just working class fellows who started off professionalising the reno thing before it boomed.

Is the book a good read?

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

July 27, 2005 - 1:56 pm

Dazzling,

I think we have different experiences in what our degrees have provided for us- vastly different experiences. Horses for courses.

oshen- the woman who is working on the minesthat I know of- she is cooking and she said some of the other women there (wives) are cleaning. She said that some of the woimen are only doing it because they’re bored- not much to do onsite in those places, I hear. And she said a lot of the men there have drinking problems.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

July 26, 2005 - 7:26 am

Dazzling said:

“If you want the nice city life with a fluffy cushy job that pays under 30K p.a., don’t start complaining about the low pay if you aren’t prepared to put in the hard yards..”

Actually, Dazzling, I have ther idea that it’s often the hardest work that’s often the lowest paid- well, I think that used to be the rule (the generality). It’s why degree positions pay better- and workers don’t have to sweat their blood and tears. People have their own offices, lunch whenever they like, and complete autonomy- exactly the point of doing a degree in the first place.

Having said that, some of the above work is hugely financially rewarding. I think since the swing from blue collar aussie work, to white collar, and the resulting shortage of blue-collar workers… well, demand has meant that they blueys can demand big $$$

But to get a bird’s eye view of crap wages of some really hard workers, try and get a hold of a book called “Nickel and Dimed”- about Americans working for minimum wage- it’s a great book.

kay henry

[kay henryMember@kay-henryJoin Date: 2003Post Count: 2,737]

July 25, 2005 - 10:52 pm

A friend of mine is working at some mine in Qld, and she says the men there are all on 130k per annum. They also get food, electricity etc included. Presumably women can do this too, and some wives live on the base. All housing is owned by the mine. Go figure- it’s a lot of money. As it’s fly in fly out, it can’t be too isolating.

Problem is- for some of the best paid jobs, they require doing something fairly unsavoury. That’s progress!

kay henry