PropertyInvesting.com | milkmanjr | Activity https://www.propertyinvesting.com/members/milkmanjr/activity/ Activity feed for milkmanjr. Sun, 12 Apr 2026 10:14:03 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 72856507723bfbfc176e83096d2df968 milkmanjr replied to the topic Wrap Pack Payment Plan in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/4372860-wrap-pack-payment-plan/#post-4467331 Thu, 15 Apr 2004 07:45:39 +0000 RAH :(

Milkman

]]> d84decea094f2285c883a41abcbedab5 milkmanjr replied to the topic Source of wholesale properties in WA in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372902-source-of-wholesale-properties-in-wa/#post-4467564 Thu, 15 Apr 2004 07:44:33 +0000 More like , you should get in touch quickly because this thread will be pulled!!

Milkman

]]> bd85e9751b9d647a50b8d7272436cdfb milkmanjr replied to the topic negative gearing in the forum General Property https://www.propertyinvesting.com/topic/4372897-negative-gearing-4/#post-4467489 Thu, 15 Apr 2004 07:41:49 +0000 investron,

Just curious as to your position 2-3 years ago?
How has the market improved your portfolio?

Milkman

]]> fdce48e542e40695deb6387b5f048ae5 milkmanjr replied to the topic Wrap Pack Payment Plan in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/4372860-wrap-pack-payment-plan/#post-4467329 Wed, 14 Apr 2004 22:43:16 +0000 Steve??

Milkman

]]> fe50883c87086e4caa53326352399adf milkmanjr replied to the topic Pi**ed Off in the forum Opinionated! https://www.propertyinvesting.com/topic/4372878-pied-off/#post-4467417 Wed, 14 Apr 2004 10:21:12 +0000 Russ,
You just need to work within the rules presented to you at the time.
Everything Steve did was legit, and I assume that everything he is doing now is legit.
I am sure there is a way around your troubles, just a matter of finding the way.

Keep your chin up!!

Milkman

]]> 412c74f318be4f1dbffbcd889eddfb16 milkmanjr replied to the topic Comercial websites? in the forum General Property https://www.propertyinvesting.com/topic/4372843-comercial-websites/#post-4467236 Tue, 13 Apr 2004 07:33:19 +0000 Try,

http://www.commercialrealestate.com.au/

Milkman

]]> 555b86ab29673d84f152af1cb5ab8308 milkmanjr replied to the topic Who Owns A Plasma TV? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372829-who-owns-a-plasma-tv/#post-4467182 Tue, 13 Apr 2004 01:59:00 +0000 Some people I work with, and other friends have these and other similar gadgets, yet complain they can’t get into the housing market.
If only they could hear themsleves.

Btw, no plasma screen for me, yet.

Milkman

]]> f1c0524ff40aa0ec2290447855f1a063 milkmanjr replied to the topic Today Tonight 12 Apr 04 in the forum No Subject https://www.propertyinvesting.com/topic/4372818-today-tonight-12-apr-04/#post-4467153 Tue, 13 Apr 2004 01:54:42 +0000 I saw that last night also.
It annoys me when I see beat up stories about dodgy operators, then likens all wrappers to them.
I do feel sorry for the people who purchased the property, but there must be some blame placed upon them for entering the contract to begin with.
There are plenty of people/organisations offering vendor finance, and this one…[Read more]

]]> cc607e1ef05b4b9f01817a2cc0583862 milkmanjr replied to the topic Wrap Turn-around Time:- How Long??? in the forum No Subject https://www.propertyinvesting.com/topic/4372797-wrap-turn-around-time-how-long/#post-4467031 Tue, 13 Apr 2004 01:37:52 +0000 Lozza,
What prices are similar places selling for in the area?
Is the purchase price itself market or above market value?

]]> f9cb0acf002ab6ce9a8f8393b4e57004 milkmanjr replied to the topic Wrap Turn-around Time:- How Long??? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372797-wrap-turn-around-time-how-long/#post-4467029 Mon, 12 Apr 2004 05:48:12 +0000 Lozza,
Rick Otton tries to get people throught the house while it is settling, so that they are ready to go straight away.
Once again this is to reduce the amount of time you are paying interest without the income.

]]> 82d571b40e6665d042576ef3bb2130c4 milkmanjr replied to the topic Wrap Turn-around Time:- How Long??? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372797-wrap-turn-around-time-how-long/#post-4467028 Mon, 12 Apr 2004 05:45:23 +0000 That sound right Pisces,

It seems that the margin you are trying to make is too much.
It would have been better to make a smaller gain than to pay 8 weeks of interest etc. If you were to make less on the deal, then move on you would still be in front.

]]> 65ab2248c7e57b6094c3f6af72c1e60f milkmanjr replied to the topic Indian MOM in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372698-indian-mom/#post-4466459 Thu, 08 Apr 2004 00:08:48 +0000 Like it. Thats good.

Thanks Geo!!

J

]]> d1ad4b825d65a0835620ff6b25230105 milkmanjr replied to the topic What about the next boom & the road to it in the forum General Property https://www.propertyinvesting.com/topic/4372693-what-about-the-next-boom-the-road-to-it/#post-4466411 Wed, 07 Apr 2004 23:57:13 +0000 Originally posted by krazystyler:
instead of crime and other bad shit.

Interesting way to put it!!
But good idea none the less.

I have to agree with CRJ, the informatione age is what its about. SO much easier to see what prices are on the other side of the country with the net. Also so much cheaper to contact agents over there with email, even…[Read more]

]]> 8b8b19c4559109734b542f109887ade5 milkmanjr replied to the topic Conveyancing Lawyer in Tasmania in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4372624-conveyancing-lawyer-in-tasmania/#post-4465854 Wed, 07 Apr 2004 23:42:20 +0000 Shum,

Janet Scott and Assoc, 03 6270 2280

Peter Worrel Lawyers, 03 6223 8899, pwl.com.au

Hope this helps.

J

]]> 8e97609993c72c25c722b1227a51c3c4 milkmanjr replied to the topic ABC Reality Bites 6th April 8pm in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372517-abc-reality-bites-6th-april-8pm/#post-4465026 Wed, 07 Apr 2004 10:25:45 +0000 Personally, I would prefer to buy a product off someone who wasn’t as high profile. The old Rick as such. No fancy suits, fancy cars.
Then again, plenty of people aspire to these sorts of material goals.

]]> c6c5d2630de06008b71fa78e57c5419f milkmanjr replied to the topic WRAP value in low rental environment in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372685-wrap-value-in-low-rental-environment/#post-4466389 Wed, 07 Apr 2004 10:21:49 +0000 ck2468,
This is where you have to decide what profit you want to make. It does help to buy cheaply to start with.
With the numbers you have given, it would seem unlikely that you would have people rushing for the deal.
If you were to charge 8.07% and make a bit less, it may get more interest.

]]> 9e1e333a1b73fc686bb6306124d7d23c milkmanjr replied to the topic Conveyancing Lawyer in Tasmania in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4372624-conveyancing-lawyer-in-tasmania/#post-4465852 Tue, 06 Apr 2004 10:14:22 +0000 Shum,

We have used Janet Scott and associates, and also Peter Worrel Lawyers.
Janet Scott is cheaper, and they both have a good reputation.
I will try to get some contact details for you.

J

]]> f9c5c262ff9802bfd84fcde911fc8cf8 milkmanjr replied to the topic Why is the 'Tell Us What You Think' Forum closed? in the forum Opinionated! https://www.propertyinvesting.com/topic/4372613-why-is-the-tell-us-what-you-think-forum-closed/#post-4465742 Mon, 05 Apr 2004 09:54:14 +0000 Bear,
Let us know when he makes his move!!
Any hints on who it is?

J

]]> ac0f23b7bbd3a98ad6f4a1698dac2505 milkmanjr replied to the topic Why is the 'Tell Us What You Think' Forum closed? in the forum Opinionated! https://www.propertyinvesting.com/topic/4372613-why-is-the-tell-us-what-you-think-forum-closed/#post-4465740 Mon, 05 Apr 2004 09:25:18 +0000 I have to agree with Kay,
If you read enough posts you will hopefully form your own opinion. Many people in this forum have differing techniques and views on the whole game.

Acey,
Your history at Somersoft does carry over to here for some people. Not everyone uses only the one forum.
I do think that it sould have some merit to get rid of the post…[Read more]

]]> 2b3537ea963c49943f3e0620105a7685 milkmanjr replied to the topic Why is the 'Tell Us What You Think' Forum closed? in the forum Opinionated! https://www.propertyinvesting.com/topic/4372613-why-is-the-tell-us-what-you-think-forum-closed/#post-4465737 Mon, 05 Apr 2004 07:41:18 +0000 The only thing that the number of posts made indicates, is the number of post made.
It hasn’t neccesarily got anything to do with an individuals ability or experience in RE investing.
There are other areas of the forum which are less serious, although each post cosnts the same.

J

]]> 1e58340b2981c8168dc29dec1def52c8 milkmanjr replied to the topic Motivational Tools in the forum Heads Up! https://www.propertyinvesting.com/topic/4372590-motivational-tools/#post-4465564 Mon, 05 Apr 2004 07:20:30 +0000 Si,
What Anthony Robbins material have you used?

J

]]> 06a73e9c41a750d2260d8b516f58247f milkmanjr replied to the topic Just idle conversation... in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372597-just-idle-conversation/#post-4465658 Mon, 05 Apr 2004 07:19:06 +0000 Wouldn’t idle converstaion be about cars??

J

]]> c0e6c125fc3aed4ac355b66d8104928e milkmanjr replied to the topic Hot Auctions! in the forum General Property https://www.propertyinvesting.com/topic/4372609-hot-auctions/#post-4465708 Mon, 05 Apr 2004 05:29:50 +0000 I feel sorry for the agents who have only worked in boom times. They don’t know what to do!!
Did I say I felt sorry for them…that was a typo.
hehe

J

]]> 392700f56e2544888a05fa5dffa47fe9 milkmanjr replied to the topic Anyone - NOT buying now???? in the forum General Property https://www.propertyinvesting.com/topic/4372573-anyone-not-buying-now/page/2/#post-4465425 Mon, 05 Apr 2004 05:24:37 +0000 I can’t wait for BS Free Realty to open!!

I think there is room for growth in some areas still. Some price brackets as well.

There is also the option to change you investment strategy to suit different economic climates. Renos are a good option if thats your thing, wraps and flips take a bit more work/networking but can be done. And the good old…[Read more]

]]> e0390a8b8b531664d1f5166daa5be184 milkmanjr replied to the topic Morgagee Houses in the forum General Property https://www.propertyinvesting.com/topic/4372610-morgagee-houses/#post-4465720 Mon, 05 Apr 2004 05:18:52 +0000 Warrick,
I would ask you friend where he found out about the auction.
If you were to purchase any property at below market value, there would be an oppourtunity to make a quick turnaround and profit.
With renos, there is the possibility to make good $$ if you can do a lot of the work for yourself and buy cheep as well.
If the property was bought…[Read more]

]]> cf7559bc9f05d11c60df2d464f02dab3 milkmanjr replied to the topic Anyone - NOT buying now???? in the forum General Property https://www.propertyinvesting.com/topic/4372573-anyone-not-buying-now/#post-4465402 Sat, 03 Apr 2004 09:25:12 +0000 Regardless of the market,
If a good deal presents itself, it is worth consideration.
Remember that you should make your money when you buy not whne you sell.

J

]]> 18845a8f272470a92a5728b3fb4fe001 milkmanjr replied to the topic Steve's Wrap Pack in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372513-steves-wrap-pack-2/#post-4465002 Sat, 03 Apr 2004 08:33:06 +0000 Nice work Steve!!
You could file a claim for a percentage of all profits made by people who used Ricks product!!
Just checked some fliers from 21st Century , and they are pretty ambigous about what you actually get, I assumed they did a wrap product.

]]> d9078fec0a5d260a3f845d261b595793 milkmanjr replied to the topic How best to build a cash positive property in the forum Help Needed! https://www.propertyinvesting.com/topic/4372553-how-best-to-build-a-cash-positive-property/#post-4465304 Sat, 03 Apr 2004 08:28:51 +0000 Have you by any chance been to Ravenswood?
It is similar to the Clarendon Vale of the south. Ex housing commission, rough neighbourhood. Can find some good tennants there.
IMO I would either build a very stock house, 3/1, or maybe a couple of small basic villa units.
Check the rents going on similar places, which should give you an idea as to how…[Read more]

]]> dfe0236f747d00b2619a22544afd1ea1 milkmanjr replied to the topic Chan$ - Exposed! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372254-chan-exposed/page/2/#post-4462759 Fri, 02 Apr 2004 23:57:03 +0000 As long as we can all see the lighter side of life, then I’m happy.
I do like to stir things up a bit though!!

J

]]> b484a573f7fac8e286a1d8031b6353b7 milkmanjr replied to the topic Dead koala in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372561-dead-koala/#post-4465337 Fri, 02 Apr 2004 23:55:04 +0000 Because it was dead?

J

]]> 68c0c45718d802f4630b31afb4d1e433 milkmanjr replied to the topic How best to build a cash positive property in the forum No Subject https://www.propertyinvesting.com/topic/4372553-how-best-to-build-a-cash-positive-property/#post-4465301 Fri, 02 Apr 2004 11:10:35 +0000 Where is the property? What suburb/area?

There is still a 8+ months wait on ‘good’ builders down here, but that should mean you wont rush into any thing.

J

]]> 0f635365d19ecee4498a7e6a30c8096b milkmanjr replied to the topic Robert Kiyosaki tour in the forum General Property https://www.propertyinvesting.com/topic/4372552-robert-kiyosaki-tour/#post-4465280 Fri, 02 Apr 2004 09:02:54 +0000 First I’ve heard of it, but I don’t think so.

J

]]> 41116e471f7bc1cd75622c4c650a640c milkmanjr replied to the topic what would u do with 600k cash?? in the forum No Subject https://www.propertyinvesting.com/topic/4372541-what-would-u-do-with-600k-cash/#post-4465177 Fri, 02 Apr 2004 05:56:52 +0000 Definetly a good idea to be able to control 1 IP before looking to control 10.
Also you seem to know when the bubble, as such, is going to burst? Any hints?

J

]]> acbd990338654ef37cd6279d22f9d098 milkmanjr replied to the topic Testing alias in the forum Forum Frolic https://www.propertyinvesting.com/topic/4367520-testing-alias/#post-4426529 Fri, 02 Apr 2004 05:54:26 +0000 No sign of Chan$ or Poor Dad here,
They must have a secretive posting alias channel.

J

]]> b5e221ddfe9dba7cd2b2b7e37702cf9f milkmanjr replied to the topic Where's Chan? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372542-wheres-chan/#post-4465200 Fri, 02 Apr 2004 05:53:13 +0000 It might only be someone he’s paid to login for him while he’s on the way ove to sort out Richmond!!

J

]]> 7ebd9bf1ab455e7174cd3d929f26156c milkmanjr replied to the topic Wake up sleepy heads.... in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372532-wake-up-sleepy-heads/#post-4465119 Fri, 02 Apr 2004 05:51:31 +0000 I think I must be at the end of the list for every email joke and link.

Every time I get something, I laugh my guts out, show it to family, friends, colleagues, and they’re like…Seen it already.

:(

J

]]> 027d4675103d10a6e73e514caf66a4e2 milkmanjr replied to the topic 3 questions... in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372545-3-questions/#post-4465243 Fri, 02 Apr 2004 05:47:36 +0000 I am

1. A
2. B
3. B

J

]]> 218bcb3554c8a9fd063c58e2e38eba31 milkmanjr replied to the topic Testing alias in the forum Forum Frolic https://www.propertyinvesting.com/topic/4367520-testing-alias/#post-4426526 Fri, 02 Apr 2004 05:43:40 +0000 testing testing 1 2

]]> 87262d2ec57df414654375954822c465 milkmanjr replied to the topic Where's Chan? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372542-wheres-chan/#post-4465198 Fri, 02 Apr 2004 05:41:24 +0000 Rest assured that he won’t be far away…
SIS may take over his number 1 ranking!!!!

J

]]> 45cce4421b1cd41cb2909e6a8db71522 milkmanjr replied to the topic No middle ground with wraps? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372524-no-middle-ground-with-wraps/#post-4465065 Fri, 02 Apr 2004 05:40:05 +0000 Is it too simple to think that wrapping is like buying stock , ie lounge suite, on a store card at 24% interest?
You get the product but pay a bit more for it because you can’t pay for it upfront?

J

]]> 106dd31c871f5ebf3bcb0fc59c89d4ed milkmanjr replied to the topic Steve's Wrap Pack in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372513-steves-wrap-pack-2/#post-4465000 Fri, 02 Apr 2004 05:38:29 +0000 Steve Mc,
Just out of interest,
Have you seen or rea any of the other ‘Wrap Packs’ on the market? Rick O, Jamie Mc etc

J

]]> 7e5a8de900765d7e61cd5796c33055f8 milkmanjr replied to the topic Wake up sleepy heads.... in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372532-wake-up-sleepy-heads/#post-4465117 Fri, 02 Apr 2004 05:25:22 +0000 This is one I got for April Fools,

Catch the worm, very easy to play.

http://file.sugarqube.com/Cards/jblo_TheWormGame.swf?PL=L400x300

J

]]> 285c1e1ff9780af26747a45bb42364f7 milkmanjr replied to the topic No middle ground with wraps? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372524-no-middle-ground-with-wraps/#post-4465064 Fri, 02 Apr 2004 05:24:02 +0000 Scott,
How do people react when they see how much you make when dealing with them? Or are they more concerned with the end result, owning their home.
Do you have a standard ‘mark up’ or does that change with each deal?
I think there is a bigger market now for wraps because affordability is lower than before. Less people are able to secure…[Read more]

]]> 2ebe5ba82d667fae100d7a7877f48b59 milkmanjr replied to the topic Chan$ - Exposed! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372254-chan-exposed/page/2/#post-4462756 Fri, 02 Apr 2004 05:16:25 +0000 Maybe one of the moderators (read SIS) should check to see if PoorDad and Chan$ have been logged on at the same time?
Is that possible?

J

]]> 2b92faf803ec38cea75703edfd3fc316 milkmanjr replied to the topic No middle ground with wraps? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372524-no-middle-ground-with-wraps/#post-4465061 Thu, 01 Apr 2004 21:49:33 +0000 Scott,
I spose its the same old story, the few dodgy operators ruining it for the rest.
I have looked at your site and it looks and sounds very professional.

I have noticed that some of the anti wrappers (such as Rebecca) don’t even think that legit operators should be wrapping, that it is still taking avantage of people.

Is your strategy more…[Read more]

]]> 38ec99e61841551847c9c3357f38c0f9 milkmanjr replied to the topic Chan$ - Exposed! in the forum No Subject https://www.propertyinvesting.com/topic/4372254-chan-exposed/page/2/#post-4462753 Thu, 01 Apr 2004 13:05:15 +0000 Try these:

http://yupislyr.com/drewmike/prankcalls.html

http://www.btinternet.com/~pir8/arnie/

The first one is the better I think from memory.

Enjoy

J

]]> 99766c25f2270eabd32b4f9139ab181f milkmanjr replied to the topic Take the time; Find thirty in the forum Opinionated! https://www.propertyinvesting.com/topic/4372510-take-the-time-find-thirty/#post-4464954 Thu, 01 Apr 2004 13:03:08 +0000 Just think of your kids every time you light up.
Think of what you’re really doing.
I’ve never understood smoking.
If someone could outline its benefits I would be very interested.

J

]]> 0c6be69dece3b27013ffbd9c391e45f2 milkmanjr replied to the topic No middle ground with wraps? in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372524-no-middle-ground-with-wraps/#post-4465059 Thu, 01 Apr 2004 12:59:23 +0000 Hi Michael,
So there wouldn’t be any problem for people who are fair and genuine, looking for win-win outcome?
Looking throught the archived posts I read that by November 2004 wraps would be illegal in all states.
I took it with a grain of salt, but would also like to know if it had any credit before jumping in.

J

]]> 1883cb62c1b091127a251b0a24ff98ac milkmanjr replied to the topic 11 second rule....is it the only way? in the forum General Property https://www.propertyinvesting.com/topic/4372526-11-second-rule-is-it-the-only-way/#post-4465067 Thu, 01 Apr 2004 12:51:25 +0000 The 11 sec rule isn’t the only way.
I was only ever used to act as a filter when searching numerous properties.
With the dwindling number of properties that fit the 11 sec rule, yhere is a greater need to become a bit more creative, and/or set up better networks within the real estate business.

J

]]> 9c9ee65c2fbd06cd0ef87673f11e3e26 milkmanjr replied to the topic Wraps on a CAR or BOAT in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372521-wraps-on-a-car-or-boat/#post-4465042 Thu, 01 Apr 2004 12:46:45 +0000 I have thought of this before, but the ecurity of the asset is the concern. Because the car or boat depreciates instead of appreciating, if the wrapee was to default, you would be left with debt.
If the wrapee defaults with a house, you are left with an asset that can be re wrapped.
With a car, if there was substantial damage done, it can cost…[Read more]

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