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  • Profile photo of KnoxOffKnoxOff
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    Post Count: 65
    lawsjs wrote:
    You are a sick puppy KO… Unless of course you meant to capitalise the Uncle Jack, rather than just uncle… ….

    Profile photo of KnoxOffKnoxOff
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    Freckle wrote:
    kylermrice wrote:
    Have you invested in the market?

    Only PM's as a hedge against the coming storm. Down about $7k at the moment. Talk about timing!! But the potential is for a 10 fold gain over the next few years. We'll see. I have other irons in the fire other than markets. The Freckle

    Freckle…..  it sounds like your a Mike Maloney fan ?

    Profile photo of KnoxOffKnoxOff
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    kylermrice wrote:
    Jay has a good point, it's hard to make the same mistakes with so many homes in the inventory being bought with cash and IRA's.  Funny u (since when was grammar on the forums so damn important, i use U instead of YOU cause my Generation is more tech and social with how we communicate. Thanks Twitter, :P hash tag #)  mentioned the IRA's, i went to a seminar this weekend about it with my Real Estate agent.  Real estate is by far the safest bet  compared to stocks and bonds.  I haven't invested in he market since 1999, just to damn crazy for me. 

    The Gov and there mess with Fannie and Freddie has to do  lot with how they perceived everybody deserved a home and part of it was greedy banks and mortgage brokers.  Is it me or does it seem like the run of the mill broker died with the bubble burst. 

    I like what the freckle posts, but man, u can be a Debbie Downer.  At the end of the day the market is low here and the investments i buy make me and my investors money.  The first golden rule is buy when the market is low, Warren Buffet would agree with me on that :D.

    Make fun of our grammar and education system, whatever mang!  U can hate all u want, i'm hater proof.    

    Kyle

    Punctuation is important.

    Let's eat, Grandma!

    also dont forget to use CAPITALS.

    Can you help uncle Jack off the horse?
    Can you help uncle jack off the horse?

    Profile photo of KnoxOffKnoxOff
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     Backpedal – To distance oneself from an earlier claim or statement; back off from an idea.

    Profile photo of KnoxOffKnoxOff
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    jbelmore wrote:
    Well the Reserve Bank is pretty optimistic – more than your comments. Its not just media hype. But there's always the xfactor of what we can't see ahead. The current stabilization of nominal house prices as wage inflation carries on is already making housing more affordable so there's still a chance that the Australian housing market can adjust without a US style crash that was fueled by over building and lax lending that didn't happen in australia. Also Aussie households stopped borrowing like we did before the GFC. I've sold my Australian bank shares as I think their profits will slow. We are very dependent on china now. It's not pc to say it but the Chinese have a higher average iq so don't under estimate china.. Luckily we are getting them as skilled migrants.

    at least  in the future  we will have jobs

     we can all become  farm hands , working on chinesse farm in australia
    looking after china's food security

    http://au.news.yahoo.com/today-tonight/consumer/real-estate/article/-/8981541/australia-for-sale/

    Profile photo of KnoxOffKnoxOff
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    Luke B wrote:
    Hi all, Looking at some first time investment in the us. I've been looking at a few different companies and at a superficial level us invest seems pretty good. They give you access to a bunch of accountants and lawyers, And set up your accounts and llc. They do charge 4k per property though they come pre tenanted. They've been hesitant to give me any addresses, which is worrisome. I'm concerned they're adding a hefty margin to the property price. Thoughts, comments, experience?

    Luke check  out some of jlawses posts
    on this and other forums…….. !!!!!!!!!! GOLD !!!!!!!

    Profile photo of KnoxOffKnoxOff
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    Luke B wrote:
    Sure, lets Roll. Freckle posted some interesting stuff. Is property a good investment right now? Or should foreign investors stay local until the actual bottom actually hits? When will that be? How is the situation in Europe going to affect us property for the au investor? Is the dollar going to crash if Europe doesn't get it <moderator: delete language> together?

    luke

    i think  you  have a better chance of picking the top of the Aussie market
    than picking the bottom of the US propety market

    the US  has been  running the  printing presses  for a few years now
    the  GFC  has a long  long way to run

    you just cant get out of trouble , throwing bad money into bad debt

    Aussie,s  are  living high  because of the howard government
    and the resourses boom

    heaven help us if  china slows production
    or that bogan   ranga PM  see's out another term 

     

    Profile photo of KnoxOffKnoxOff
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    No ………  this is an overseas forum .
    lets pick on the KIWIS 

    Profile photo of KnoxOffKnoxOff
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    Freckle wrote:

    Then you know little about Warren Buffet and are simply parroting what the media says. Buffet doesn't give a hoot about property other than it's in his personal interests to talk up the US economy. Much of his commentary is not taken seriously by mainstream economic commentators. Buffet is more of a 'story' these days as opposed to some oracle. His investment company (Berkshire) accesses investment deals and has them structured favourably in ways only you and I could dream of. If you read his commentary and watch his interviews they're all about promoting and talking up his many investments. His comments are subjective and considerably parochial and shouldn't be taken seriously by the average small time investor. His investment philosophy and strategies in the early days of his career on the other hand are well worth getting one's head around. The Freckle

    i love Buffet   quotes

      be fearfull when the market is geedy
    and greedy  when the market is fearfull

    A girl in a convertible is worth five in the phonebook

    hes always  entertaining ,  he always has an opinion
    i love his books

    i love his brother jimmy buffet
    and ive been to margaritaville  a few times

    oh and" mainstream economic commentators " can kiss my

    Profile photo of KnoxOffKnoxOff
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    lawsjs wrote:
    worldinvestor wrote:

    "Lawsjs    Both those guys know their markets inside out and backwards. They LIVE there and grew up singing about rockets every day they went to school. My sister lived with a guy who played with rockets for the US Govt for years, but I digress:) "

    someone who HAS to be in the business.

    its gotta be this……….  Yes ?

    http://www.youtube.com/watch?feature=player_detailpage&v=1GAKOLOnfV4#t=60s

    Profile photo of KnoxOffKnoxOff
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    jayhinrichs wrote:
    . and that Mate is the best advice I can give you,,,,Go live it up in vegas….

    bloody hell  jay is starting to talk strine

    this forum is starting to rub off

    all this talk about going pear shape  and  calling  blokes mate

    http://www.upfromaustralia.com/aussieslang.html
     

    Profile photo of KnoxOffKnoxOff
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    oh……  and no need to book
    just roll up and ask for a room

    Profile photo of KnoxOffKnoxOff
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    King

    acommadation in the US is easy  if your not to fussy

     super 8  motel or  americas best value 
    are along  all the freeways  and in every small town or city

    they cost on average $50 US per night
      they have  free wifi  most have a small fidge  and microwave                                                           
      they have a free   light breakfast and coffee in the mornings between 6 and 9am
     alot of the time you can park the car right outside the room

    they are easy to find with a GPS
    they are clean  and most times checkout isnt till  11:00am 

    Profile photo of KnoxOffKnoxOff
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    go with this mob  they are going to altlana memphis  jackjsonville  kanas city  charlote and orlando
    in april

    http://www.uspsa.com.au/vip.html

     and of course you will be treated like a VIP……….  you will be paying a premium   for the propertys  they show you

    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

    Jump on a plane  by yourself  or with a friend , fly to Dallas direct , spend a couple of days
    then a domestic flight to  kansas

    hire a car  and drive back down to  texas
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

    Profile photo of KnoxOffKnoxOff
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    ive  got a great idea

    GIVE IT TO ME !

    Profile photo of KnoxOffKnoxOff
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    jayhinrichs wrote:

    OH come on. what horse crap…..

    just call a spade a spade <moderator: delete personal comment>.  who falls for this bunk anyways

    Jay 
    usually   good honest hard working people , just trying  to  etch out a  better future

    taken in by a fast talker in a flash  suit with a good story

    when you give  your  hard erned money to someone to look after
     most will  always look after themself first

    Profile photo of KnoxOffKnoxOff
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    after joining my usa property   for $500
      and  before buying i  thought i might  do  some more DD  

     
     i used the PDF  files  my usa property  sent me
     to get the  state and street name

    i used google earth street view to get the house number

    after i had that info i used zillow  to find out   that the houses they sell , sold 2 months before for half the price they were asking

    If any one would like  some of the   MY USA property  pdfs   to check for your self    PM me your email address

     my usa property  is now this mob   http://www.uspsa.com.au/index.html

    thanks for posting richard    

    Profile photo of KnoxOffKnoxOff
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    the problems in regards to speaking french ?

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      John  are you sure your tennet  wasnt Egertis Butchee

    http://www.youtube.com/watch?v=FWojouNbl6Q&feature=related

    the cars on fire and he parks it next to the petrol pump  

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