PropertyInvesting.com | Michael 888 | Activity https://www.propertyinvesting.com/members/michael-888/activity/ Activity feed for Michael 888. Mon, 06 Apr 2026 05:34:32 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 93e30848d692945cfd7b09fbe6965158 Michael 888 replied to the topic New Site: What do you think? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407274-new-site-what-do-you-think/page/5/#post-4674813 Mon, 13 Aug 2012 09:33:20 +0000 Could links, hyperlinks open in a new window please.

New site looks fresh and larger font is easy on the eye. Still getting a little
used to the new layout…..haven't been on here here for a while.

]]> 1267e8e63600e924f40f1cdcc5644e5c Michael 888 replied to the topic Georgia buyers agent? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407346-georgia-buyers-agent/#post-4675299 Sun, 12 Aug 2012 23:43:24 +0000 Contact Karina at Select American Homes.

http://www.selectamericanhomes.com

]]> 8439e1f9d898be21f97af33b09bcadc6 Michael 888 replied to the topic The Truth About MY USA Property and Andrew Allan as depicted by 730 report in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406450-the-truth-about-my-usa-property-and-andrew-allan-as-depicted-by-730-report/#post-4668458 Sat, 28 Apr 2012 05:30:49 +0000 Also everyone please note that the Andrew Allen spoken of above  IS NOT THE ANDREW ALLEN who is a member of this forum and Somersoft and is a buyer's advocate/agent in Brisbane Qld, who contributes useful and worthwhile information in his posts.https://www.propertyinvesting.com/user/waysolid

]]> 63d222c0be8cfdf0aa8bfd42eb570fe8 Michael 888 replied to the topic buy or build home at gold coast ? in the forum General Property https://www.propertyinvesting.com/topic/4406144-buy-or-build-home-at-gold-coast/#post-4665919 Sat, 24 Mar 2012 08:59:01 +0000 Andrew and Catalyst have nailed it. IMO buy slightly used properties that have not only had organic depreciation of the building but where the values are probably off by 30 % in the foothills since their peak of 2007.  Also consider Mudgeeraba and Tallai. I believe the bottom of the market has arrived on the Gold Coast, but I am not ringing the bu…[Read more]

]]> 3b1b2f559abb772e4a739e1c279e2f26 Michael 888 replied to the topic Forum. Needs some life. Let's get something going in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406001-forum-needs-some-life-lets-get-something-going/page/4/#post-4664853 Wed, 07 Mar 2012 09:55:11 +0000 I would like to buy a house from this guy:http://www.youtube.com/watch?v=HAeprWIOQqQ

]]> d1e36ba86a45ccedfff810caadcf69da Michael 888 replied to the topic buying property in america in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405610-buying-property-in-america/page/3/#post-4661947 Thu, 26 Jan 2012 23:20:48 +0000 Hi ya Alex,Not sure when I will be in the US.I am on the (currently VERY wet) Gold Coast. Ex-Melbourne. Moved to GC last year.I have also enjoyed the exchanges on this thread and others. The information on this forum is great for those, who likeme, are learning about the intricacies (benefits and pitfalls) of the US. There are also some Aussies…[Read more]

]]> eca5259b7e6234c11471f809bf35a355 Michael 888 replied to the topic buying property in america in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405610-buying-property-in-america/page/3/#post-4661945 Thu, 26 Jan 2012 06:09:53 +0000 jayhinrichs wrote:
Micheal you get to the states lets have a beer.. Your obvioulsy very astute. and I appreciate your feedback and allowing me the license to incorporate Pear shaped investment into my lexicon going forward :)Their are REITS that just buy Notes performing and Non performing as well…whole different level of investing than what is…[Read more]

]]> 1f2f3a9573f4cf0098aa4fc52404d8ee Michael 888 replied to the topic buying property in america in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405610-buying-property-in-america/page/3/#post-4661943 Thu, 26 Jan 2012 01:51:43 +0000 jayhinrichs wrote:
Your correct the investor is the bank. and as Such its the ultimate control other wise you would not have a banking industry anywhere in the world.In the event of default you have an assignment of rents clause were the rents come straight to the bank.. and again in a default situation you end up wiping out our equity and you…[Read more]

]]> 8f8d65496330d54354832b2ad654a664 Michael 888 replied to the topic buying property in america in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405610-buying-property-in-america/page/3/#post-4661940 Thu, 26 Jan 2012 01:18:29 +0000 Thanks Jay.Had a look at the video and it's a little clearer now.Basically we become the bank. What control is there over your organisation going belly up? What recourse do we (as the lender) have? Am I correct in assuming that as we own the note that we take title of the property should things go pear shaped……and also the risk of litigation…[Read more]

]]> 6c54f7ae25e2b6787ab3169c06b49dc8 Michael 888 replied to the topic buying property in america in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405610-buying-property-in-america/page/3/#post-4661938 Wed, 25 Jan 2012 21:52:59 +0000 Thank you for the info Jay. Is there a PDS (Product Disclosure Statement) or similar formal document that is lodged with your fiduciary authorities there (similar to Australian Securities and Investments Commission -ASIC, here in Oz)?  If so, can it be emailed?Shall also navigate your site and have a look around.Thanks again

]]> a098073f41a11dc9de0984c55583a58d Michael 888 replied to the topic buying property in america in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405610-buying-property-in-america/page/2/#post-4661929 Tue, 24 Jan 2012 09:00:26 +0000 Hi Jay,do you have a website or other link to this investment you allude to above?Also is that circa 9 % return a net figure of all fees and expenses?What is the liquidity of this managed investment? Is capital locked up for a certain period till the exit strategy is exercised?Would be keen to hear a little more about the flexibility and liquidity…[Read more]

]]> 99fedcc446b9d28de2441b35c27451d0 Michael 888 replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/42/#post-4549259 Mon, 23 Jan 2012 02:09:37 +0000 Wirsz makes Steve Keen look like Pollyana.   I certainly don't see it that bad, however it will be some time before we can call Gidee Up here in Oz. The market pricing needs to reach some type of equilibrium again. Some more softening likely or sideways at best for BHP strategy (Buy Hope Pray).Passive caapital growth will be rare in Oz for a w…[Read more]

]]> 4bb431692bfe211ac5002c2923827e84 Michael 888 replied to the topic Unit on a main road im looking at tonight - Need advise please!!!! in the forum Jamie M wrote: Chris89 https://www.propertyinvesting.com/topic/4405617-unit-on-a-main-road-im-looking-at-tonight-need-advise-please/#post-4661999 Tue, 17 Jan 2012 09:13:11 +0000 Jamie M wrote:

Chris89 wrote:
With that said im not necessarily in the best posituion to invest, so im not too phased as to whether I putr an offer in or someone else purchases.

Perhaps it's best to wait until your situation improves before purchasing your first IP. If cashflow is the issue – you really don't want to overstretch yourself…[Read more]

]]> 9ddad4635ffd83ba4ff48e0317adb660 Michael 888 replied to the topic buying property in america in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405610-buying-property-in-america/#post-4661912 Sun, 15 Jan 2012 08:45:08 +0000 DHCP wrote:
He Brent,You can certainly use your SMSF to buy property in the US which I've done with my super.  ………………………………………………………………………………………………………..Good luck

Hi DHCP,what was the set up you used for the SMSF investment? Did you use C-Corp or LLC to hold your US…[Read more]

]]> 28d80bd864d30cbdf559acb07fe94164 Michael 888 replied to the topic US Property Meeting in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405537-us-property-meeting/#post-4661450 Wed, 11 Jan 2012 00:21:40 +0000 HouseweetItIs wrote:
also, what about people with US properties that are NOT performing, or who have a horror story?  this seems to be a growing group from what I hear…email me at houseweetitis@earthlink.net.

Hi House,you raise a valid question. In the spirit of sharing and learning are you able to post some examples please? Maybe by s…[Read more]

]]> 9dd4988a91bced96b7b13146f6fe902f Michael 888 replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/42/#post-4549256 Mon, 09 Jan 2012 09:12:49 +0000 For those old enough to recall…..it's 1991………………..sideways she goes. There are markets within markets so I am talking in a generic sense (as every one else is) with some mining regionals to likely outperform for a while.Oz has been living high on the hog for quite some time. I do not believe the China story will suddenly end,…[Read more]

]]> 4d1a82b09ceb4f62c75576daa3d6989b Michael 888 replied to the topic help needed today desperatly in the forum Help Needed! https://www.propertyinvesting.com/topic/4405500-help-needed-today-desperatly/page/2/#post-4661214 Thu, 05 Jan 2012 06:24:29 +0000 Patrick van lieshout wrote:
hello can any experienced investor ring me,I have found a positive cash flow property 16.8% cash on cash return potential for 25.1 cash on cash return don,t have a trust set up yet need to know my options though i have a vague idea,will give $$$ for right advice,advice needed urgently,call Patrick 0437288863 posted…[Read more]

]]> d6f30f26481aad7f36bfe451ddc28ff8 Michael 888 replied to the topic Nathan Birch on BRW. in the forum Help Needed! https://www.propertyinvesting.com/topic/4404692-nathan-birch-on-brw/#post-4655620 Tue, 13 Sep 2011 06:44:03 +0000 Inspiration for novice and veteran alike.Good stuff Mr. Birch. I celebrate you.   

]]> 04bc3ec52b0a0d120e8a11160b5ff5e5 Michael 888 replied to the topic Trailer/Ute tax deductable in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404132-trailerute-tax-deductable/#post-4651195 Tue, 05 Jul 2011 08:51:55 +0000 Terryw wrote:
You would probably be able to claim a deduction based on the rate for the engine size x KM travelled for IP related matters

Good point Terry. In the event that one has numerous holdings and investment related km go over the 5000km limit, doinvestment related km (inspections, repairs, and other income related activities related to…[Read more]

]]> 53d1be0c80423c7b680edc813b393bd1 Michael 888 replied to the topic Suburbs in Queensland for Cheap Properties! in the forum Help Needed! https://www.propertyinvesting.com/topic/4403960-suburbs-in-queensland-for-cheap-properties/#post-4650011 Sun, 26 Jun 2011 09:13:31 +0000 Thx for that BG. I had read those articles…….. This Westfield development has been promoted (spruiked) since 2004. Prices have since softened in the new house and land stock there. I have been following it sonce 2006/2007 and fortunately I didn't buy. Even within 1 km of the train, which I must admit is a unique piece of infrastructure to be a…[Read more]

]]> cbeb5896e3a6a7562bde94e75ba13fe0 Michael 888 replied to the topic Suburbs in Queensland for Cheap Properties! in the forum Help Needed! https://www.propertyinvesting.com/topic/4403960-suburbs-in-queensland-for-cheap-properties/#post-4650009 Fri, 24 Jun 2011 08:08:57 +0000 keiko wrote:
Yes Coomera is a good place to buy, I beleive you will see good capital gains in the future

Hi keiko,do you have any data to back up that assertion. Coomera……………….  Boomera has been promoted as the next big thing. I have yet to see Westfield commit to that town centre. If beach side Gold Coast is struggling, what…[Read more]

]]> 6bb5614299219e9ec5f3d421205a13f8 Michael 888 replied to the topic 7% Return for Perth (Subi) Strata Title Office??? in the forum Commercial Property https://www.propertyinvesting.com/topic/4403983-7-return-for-perth-subi-strata-title-office/#post-4650122 Sun, 19 Jun 2011 10:00:23 +0000 Depending upon wording of lease, strata costs should be borne by the tenant. your closing costs shouldbe as with any other resi IP. Stamp duty, legals and other sundry title fees. Stamp duty on mortgage andcommercial fees (assuming you're using the comm asset as security) for borrowing usually have higherestablishment loan fees and of course a…[Read more]

]]> 2b8571bddecfcf1fd08d45094dde7633 Michael 888 replied to the topic House and land packages Gladstone in the forum Help Needed! https://www.propertyinvesting.com/topic/4403574-house-and-land-packages-gladstone/#post-4647339 Mon, 09 May 2011 07:50:57 +0000 Here's a post from another thread:https://www.propertyinvesting.com/forums/property-investing/general-property/4336587May help with some considerations and direct your further research and due diligenceabout the Gladstone region.Careful with brand new in regional centres. Haven't been to Gladstone to investigate personally (YET), however myslant…[Read more]

]]> 60fd7786e9188845ad1616f0b6056604 Michael 888 replied to the topic Melbourne Sentiment in the forum General Property https://www.propertyinvesting.com/topic/4403462-melbourne-sentiment/#post-4646708 Fri, 29 Apr 2011 07:01:32 +0000 Hi ya D,Thanks for your input. Along the lines of your Camberwell example, I am also finding the over 1 Mill price pointto be struggling to the same tune. Specifically it's Bayside (10 km to CBD). Renovated (bling, bling) properties areflying and for silly prices, and the rest are struggling to get even fair value contracts other than fire sale o…[Read more]

]]> 14d69be3bc5e78a60002a6babd5d4a6e Michael 888 replied to the topic Melbourne Sentiment in the forum General Property https://www.propertyinvesting.com/topic/4403462-melbourne-sentiment/#post-4646706 Thu, 28 Apr 2011 08:39:18 +0000 ** Bump**Anyone with on the street views about Melbourne and some of my points raised below?Steve McKnight? Would be appreciative of some opinion and views.Thanks,M,

Michael 888 wrote:
Hi All. Looking for some opinions on the current Melbourne market.Steve, please feel free to add your take on things. I am currently residing on the Gold Coast,…[Read more]

]]> 114860981f1873c7e348f99c078a396a Michael 888 replied to the topic Tax Lien Stories - how is everyone going with these? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402079-tax-lien-stories-how-is-everyone-going-with-these/page/2/#post-4637457 Tue, 26 Apr 2011 09:46:48 +0000 This has been a very insightful thread.I have been researching tax liens investing and I have a few questions relating to the logistics and practicalities of doing this purely online from Australia and making it efficient and optimising returns.   What are approximate accounting fees to lodge a US return for an LLC in other p…[Read more]

]]> 4ee4194ec601122e200b30f8d10ee53d Michael 888 replied to the topic Melbourne Sentiment in the forum General Property https://www.propertyinvesting.com/topic/4403462-melbourne-sentiment/#post-4646705 Tue, 26 Apr 2011 08:28:59 +0000 Hey there Angel,happy to do that however I must clarify, this isn't an investment. It's ourformer PPOR. You could of course rent it out or consider it as your own PPOR,however as a yield play it will be woeful. It would be a land bank in the best street in the precinctwith a fair bit of house there to provide some income to assist holding.If you a…[Read more]

]]> de00bc4c0bbdff423006680f57039ade Michael 888 replied to the topic Who is going to Sydney 3day event? in the forum General Property https://www.propertyinvesting.com/topic/4403447-who-is-going-to-sydney-3day-event/#post-4646615 Tue, 26 Apr 2011 01:29:20 +0000 Jamie M wrote:

Michael 888 wrote:
You'll recognise me by my avatar    

Keanu? :)

LOL. Yep, Mr. Reeves does bear a striking resemblance :))………..thinking wishfully at this end.Look forward to meeting you Nathan. I shall be in touch closer to the time. Perhaps we can even do one of those looooong lunches you so enjoy.

]]> b330a0a58e63fe61af2ec314fc790772 Michael 888 replied to the topic Who is going to Sydney 3day event? in the forum General Property https://www.propertyinvesting.com/topic/4403447-who-is-going-to-sydney-3day-event/#post-4646611 Mon, 25 Apr 2011 08:45:08 +0000 Hey there young Nath,I intend going. It would be nice to meet you. I have enjoyed readingand celebrating your accomplishments as detailed moreso on another site. If you're inclined, we should meet up for a coffee.You'll recognise me by my avatar    

]]> e0cd1371250e745bbe9950f30f44454f Michael 888 replied to the topic Spa value in Rental Proprty in the forum General Property https://www.propertyinvesting.com/topic/4402346-spa-value-in-rental-proprty/#post-4639057 Tue, 04 Jan 2011 07:57:03 +0000 Hi BJCan't help you with a dollar value to increase the rent by.Unless it is a high end property you are renovating, for an IP, a spa is a liability. If it were me, I would get rid of it as even if it is in disrepair at start of lease, in some states you are obliged (as a landlord) to fix it and keep on fixing it just becuase it exists.Edit:Oh,…[Read more]

]]> ea847ccc9146f74bd443ed801f3bbde1 Michael 888 replied to the topic Research / Due Diligence in the forum Help Needed! https://www.propertyinvesting.com/topic/4402314-research-due-diligence/#post-4638901 Sat, 01 Jan 2011 04:01:52 +0000 lpalad wrote:
thanks Michael. If you don't mine asking you… you got 4 or more properties which put in 5% of savvy IP investor ?

Hahahaha………LOL. Dunno if I'm savvy. I know my way although I certainly don't profess to be The Stig of the property world.Leo,also have a look at council websites (LGA's) of the suburbs/regions you are t…[Read more]

]]> 4b9936880609e738e36dd411d2d5282a Michael 888 replied to the topic Research / Due Diligence in the forum lpalad wrote:Thanks...I https://www.propertyinvesting.com/topic/4402314-research-due-diligence/#post-4638899 Fri, 31 Dec 2010 11:06:45 +0000 lpalad wrote:
Thanks…I already knows those sites which give you some relevant info about the suburb. But, I looking for more stats data that I could use (e.g.,  demographic changes, what drives the population increased, etc).

Prepare to read widely. Australian Property Investor magazine; Your Investment Property mag, Fin Review (Tue and…[Read more]

]]> 807802b2dfbf0e562e99ae587037bda8 Michael 888 replied to the topic Somersoft - recent moderation goings on in the forum Opinionated! https://www.propertyinvesting.com/topic/4401930-somersoft-recent-moderation-goings-on/page/2/#post-4636483 Fri, 31 Dec 2010 03:36:41 +0000 WinstonWolfe wrote:
Hi Mr Michael. In 2011, I'll continue to read widely and deeply on what really drives house prices, and post about it. ……………………………………………May all your attainable New Year's resolutions be attained. 

Thx WW. The personal one's are back on track and (to date) looking the goods. Investment wi…[Read more]

]]> 0e9bff1eed9c2f8a8b516eb37679ae66 Michael 888 replied to the topic Somersoft - recent moderation goings on in the forum Opinionated! https://www.propertyinvesting.com/topic/4401930-somersoft-recent-moderation-goings-on/#post-4636480 Tue, 07 Dec 2010 23:03:50 +0000 units4me wrote:
Welcome Winston. You were one of the truly great contributors on SS. I look forward to your imput here.

And I also. Your economic analyses and snippets of fiscal wisdom help keep us grounded in the current landscape, Mr. Wolfe. Passive sit-back and pray strategies, are unlikely to work in the current environment. Due di…[Read more]

]]> dbe8eb73861da18c61bc087eedac3f99 Michael 888 replied to the topic How do you get an agent to take a discount on the commission? in the forum How do you get a https://www.propertyinvesting.com/topic/4401178-how-do-you-get-an-agent-to-take-a-discount-on-the-commission/#post-4631779 Mon, 13 Sep 2010 07:57:51 +0000 How do you get a discount…….simple, just ask!I see that circa 2-3 % is the going rate that most pay. I accumulate and  I have only ever sold two and I didn't pay anyhwere near that either, although the rea was also the PM firm looking after the rentals…..long history and we understand each otherand our mutual expectations.Five and six per…[Read more]

]]> 32603d9dad8d34368d8c92e882330025 Michael 888 replied to the topic Gold Coast Commercial Investment property in the forum Commercial Property https://www.propertyinvesting.com/topic/4401151-gold-coast-commercial-investment-property/#post-4631599 Sat, 11 Sep 2010 07:11:46 +0000 mrtender wrote:
I suppose the thing that I am not sure about is … are there buyers out there looking for commercial properties with a return of 8% or 9%?

I reckon there are, however strength of lease, nature of bond/guarantee, strength of tenant, amenity, flexibility of the box to attract a variety of future tenants upon vacating, etc, etc…[Read more]

]]> 46ba00f309cb92240060cdf0ab9edc77 Michael 888 replied to the topic Gold Coast Commercial Investment property in the forum Commercial Property https://www.propertyinvesting.com/topic/4401151-gold-coast-commercial-investment-property/#post-4631596 Sat, 11 Sep 2010 04:24:15 +0000 Depends where it is and the cap rate of the precinct. Burleigh Heads versus Molendinar versus Bundall versus Stapylton versus Nerange versus Yatala ????? …………..all are different. Ask an independaent commercial rea up there what the cap rates should be for what you are entertaining. Use them as a guide.

]]> 025569cdbbb154a27d21cab4f8a9c4a0 Michael 888 replied to the topic Gold Coast Commercial Investment property in the forum Commercial Property https://www.propertyinvesting.com/topic/4401151-gold-coast-commercial-investment-property/#post-4631594 Sat, 11 Sep 2010 03:58:35 +0000 mrtender wrote:
I suppose some kind of clarification …. I have an opportunity to buy this empty building for $1.6mil … and put in a tenant on those terms…. I want to sell the building immediately after the tenant moves in… and make profit. The tenant is secure, and established in different premises and ready to move. If I do this I want…[Read more]

]]> d5ef4b7dddc000f8268220311b98b38e Michael 888 replied to the topic Seminar - Mark Rolton in the forum Creative Investing https://www.propertyinvesting.com/topic/4392726-seminar-mark-rolton/page/10/#post-4584897 Wed, 01 Sep 2010 04:24:33 +0000 crusty wrote:
  I dont see  marks name on queenslands top 100 rich list , about $ 60 m should get him on it.

I read that list from last month also Crusty. Valid point, considering he espouses nearly half a billion dollars of works under management……one would have thought that 60 mill net would have got him a ticket.You must however app…[Read more]

]]> 713bbcda8fd500bc1a93af8a6957b027 Michael 888 replied to the topic Massive land release in Victoria in the forum General Property https://www.propertyinvesting.com/topic/4400742-massive-land-release-in-victoria/#post-4629177 Sun, 29 Aug 2010 22:09:41 +0000 Hi ya Octain,

octain wrote:
Michael respect you opinion but got to say I think I take a different view. I live in a McMansion estate in the western suburbs. We had a land release last week where they had raised priced of land by 20% and still sold 50 blocks in 2 hours. There really isn't enough and if we need to build houses there isn't much we…[Read more]

]]> 4ce0f73368734a46ab96fde114c67110 Michael 888 replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/33/#post-4549073 Tue, 24 Aug 2010 06:41:16 +0000 No boom at all from where I sit.Devo, agree. I've been posting elsewhere for quite some time, that I smell 1991 in the air. We will have a long flattishsideways trend for several years. We may track inflation so assume 3 % for the sweet spot there.Some markets have softened and will continue to do so. SEQ is over-supplied and clearance rates are…[Read more]

]]> 8615bdbcc6e51bfd56b59ad37e2707bc Michael 888 replied to the topic Carly Crutchfield (developing) in the forum Agree Paul, I also watched https://www.propertyinvesting.com/topic/4392748-carly-crutchfield-developing/page/3/#post-4585115 Mon, 23 Aug 2010 21:27:17 +0000 Agree Paul,I also watched the show.She certainly is an inspiring role model that her generation could do worse than emulate.

]]> f1186f1bd7e573aeceebb8c84b6687fe Michael 888 replied to the topic Massive land release in Victoria in the forum General Property https://www.propertyinvesting.com/topic/4400742-massive-land-release-in-victoria/#post-4629172 Sat, 07 Aug 2010 00:28:27 +0000 Fantastic news for Stockland, Devine, Delfin and other esteemed developers in that cohort .Bracks backflipped on the Rockbank green wedge……….now it's going to be wall to wall all the way to Melton.Now why shouldn't the govt release all this land so that the manufacturers of brand new boxes (house and land packages) are able to supply…[Read more]

]]> d7e88d1227a2eb58b1c91d36397cf7a3 Michael 888 replied to the topic Luke Gilford??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400394-luke-gilford/#post-4627148 Tue, 03 Aug 2010 08:38:13 +0000 Dear Myra,you have a lot of promise and guarantee in your post………………………………….."I guarantee that you are missing out, cause Luke Gilford teaches you things that I promise you, you have not even thought of yet. Hope this helps. Myra. "Upon what basis does your guarantee exist?Will you double our money back if we are…[Read more]

]]> 21b03ade01022e9e44fcc0995d359684 Michael 888 replied to the topic Property Options in the forum General Property https://www.propertyinvesting.com/topic/4400452-property-options-5/#post-4627495 Sun, 04 Jul 2010 09:26:50 +0000 Read in the order presented.Make yourself a cuppa………………actually make that a pot of tea:https://www.propertyinvesting.com/forums/property-investing/creative-investing/4324169https://www.propertyinvesting.com/forums/property-investing/creative-investing/4331940There are other shorter threads if you search under the Creative Investing…[Read more]

]]> 16eff745e37810007942a53d6465ae07 Michael 888 replied to the topic Prop Development Feasibility Study in the forum Value Adding https://www.propertyinvesting.com/topic/4400201-prop-development-feasibility-study/#post-4625827 Wed, 16 Jun 2010 04:00:46 +0000 I can hear Jenny's voice now from Greenbow Alabama…………….Run, Pascoe, Run!FAST

]]> 53deae38f61e14a86ccb3beb56606ecb Michael 888 replied to the topic Harry Dent predicts USA property to drop another 30% in the forum General Property https://www.propertyinvesting.com/topic/4400209-harry-dent-predicts-usa-property-to-drop-another-30/#post-4625876 Tue, 15 Jun 2010 07:03:38 +0000 wealth4life.com wrote:
Well you can never say never …In the webinar he pointed to rising job losses … nondisclosure of true debt … the EU and IMF can't fix the problems with money … DOW rising to 11,300 then dropping from end of July forward … Inflation interest rates and deflation … rst mortgages are choking the banks now and the…[Read more]

]]> f4ffae41fbfc1f9474a138ee780d4703 Michael 888 replied to the topic Closing an option deal. in the forum Creative Investing https://www.propertyinvesting.com/topic/4399704-closing-an-option-deal/page/2/#post-4623146 Sun, 13 Jun 2010 06:10:43 +0000 Unfortunately these techniques can also be hazardous weapons of destruction, where occasionally the sizzle sucks in valuers, banks, and even experienced property investors……where else but on the coast where all is not  as Golden as it may suggest…….here are some articles from the weekend Australian newspaper from a week or two ago that…[Read more]

]]> fae0b9b32087fd94dcb55616e6230985 Michael 888 replied to the topic Help With Options in the forum Sage words Matt. Here's a https://www.propertyinvesting.com/topic/4400170-help-with-options/#post-4625641 Tue, 08 Jun 2010 04:15:24 +0000 Sage words Matt.Here's a link to his website:http://gordonku.com/He's an ex orthopaedic surgeon. Seems like he's  fin free thru property according to the stuff on his site.I wonder if he still dons the knife out of choice/passion or whether he deals only in property now.

]]> d3a92c60e8251182b01dc800216c3f6f Michael 888 replied to the topic Reasonable length for a Sunset Clause on my first offer in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399922-reasonable-length-for-a-sunset-clause-on-my-first-offer/#post-4624456 Wed, 19 May 2010 07:34:20 +0000 emmyb wrote:
I also don't think I explained it properly. We would put in three seperate offers one by one. OK Understood.So if they said no to offer number one and asked for more money we would then come back with offer number two. If they came back and asked for more money again, we would give them offer number three. That's why it goes up 5k…[Read more]

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