PropertyInvesting.com | nazzysmith | Activity

nazzysmith replied to the topic One Question IQ Test in the forum Forum Frolic

Sat, 22 Apr 2006 14:21:55 +0000

Ouch.
Stiched me up big time!!!!!! DOH!!!!!!

-Thomas

“More Time To Snowboard”

nazzysmith replied to the topic RESULTS Mentoring Program in the forum Heads Up!

Thu, 20 Apr 2006 03:30:10 +0000

Same here guys , I wouldn’t be where I am today without it.
On top of that there is nothing to stop me from leaving the program right now and saving myself alot of money. However as you correctly pointed out there is a hell of alot to be learned from the program.
And I have no intention of leaving. To date there have been many mind blowing…[Read more]

nazzysmith replied to the topic Looming recession in the forum General Property

Mon, 17 Apr 2006 10:44:01 +0000

Sydney more likely will have higher rental returns, considering there is a short fall of investors…

-Thomas

“More Time To Snowboard”

nazzysmith replied to the topic RESULTS Mentoring Program in the forum Heads Up!

Mon, 10 Apr 2006 13:55:47 +0000

I felt a bit ripped off too, when they released the same folder and info for free.
Also agree that we are guinea pigs in a sense, and the next intake will not have the same problems.
Agreeably there is a lot on offer, I certainly would not be where I am now without the program.
However this program is not for everyone. Please understand it will…[Read more]

nazzysmith replied to the topic Polishing up old floorboards in the forum Value Adding

Wed, 29 Mar 2006 12:23:22 +0000

Just polished floor boards in our IP. In all honestly having seen the floors freshly polished, they look unreal.
Just make sure that your boards are in ok condition.
For my IP polishing worked out to 16 dollars a m2 Paying somone else to do it.This Worked out cheaper than carpet, with a much better finish.

-Thomas

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nazzysmith replied to the topic Any one Want a spare ticket to the Reno Kings in the forum Help Needed!

Sun, 26 Mar 2006 15:16:25 +0000

Is there anybody out there…

-Thomas

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nazzysmith replied to the topic macleay island ? in the forum General Property

Sun, 05 Mar 2006 23:46:13 +0000

Ditto…..Its highly unlikely to happen.

-Thomas

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nazzysmith replied to the topic macleay island ? in the forum General Property

Fri, 03 Mar 2006 10:41:56 +0000

Personally having a spent a fair bit of time looking at the islands. I would not invest there. I dont feel like writing an essay so I will just touch on a few issues.
During the boom that market was running red hot. Hundreds of blocks of land were sold to Sydney siders and other states site unseen. All that cheap land below 20k. That was the time…[Read more]

nazzysmith replied to the topic first homebuyers grant Q? in the forum Help Needed!

Sun, 26 Feb 2006 14:51:20 +0000

Yes Residency requirements state that one of the applicants must reside in the premisis for a minimum of 6 months. And this must commence within 12 months of purchase.
You loose the grant and have to repay the exemption.

-Thomas

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nazzysmith replied to the topic Investing Opportunities in the USA-Please Hurry in the forum No Subject

Thu, 16 Feb 2006 14:02:22 +0000

mods over here

-Thomas

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nazzysmith replied to the topic wealthguardian in the forum Heads Up!

Fri, 10 Feb 2006 14:06:12 +0000

You will get it for cheaper on the day at the seminar. As there are discounts available on the day.
Ive got it and highly reccomend it. Its one of the best resources I have. Check in the archives for other topics like this one, seems to pop up regularly . With similar positive feedback.

-Thomas

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nazzysmith replied to the topic Westpac - 85% - No LMI in the forum Finance

Tue, 07 Feb 2006 14:03:17 +0000

Teachers Credit union has offered a 85% LVR (no LMI) on most loans for a long time already. Surely there are other credit unions offering the same.
Perhaps if the big 4 follow suit, Credit unions may lower there deposit requirements as well.

-Thomas

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nazzysmith replied to the topic Martin Ayles Book in the forum No Subject

Tue, 31 Jan 2006 14:54:35 +0000

Hi all,
Yes it was a good read. Although be warned it has nothing to do with developing, rather it is a mindset book.
Definetly worth the read…

P.S Herman Do you think Martin will mind you throwing his email up like that?

-Thomas

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nazzysmith replied to the topic Martin Ayles Book in the forum Help Needed!

Tue, 31 Jan 2006 14:53:21 +0000

Hi all,
Yes it was a good read. Although be warned it has nothing to do with developing, rather it is a mindset book.
Definetly worth the read…

P.S Herman Do you think Martin will mind you throwing his email up like that?

-Thomas

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nazzysmith replied to the topic Is the online shop safe? in the forum Site Problems / Feedback

Tue, 24 Jan 2006 16:12:15 +0000

Same here, have bought several items from here over the net on credit card no dramas whatsoever….

-Thomas

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nazzysmith replied to the topic People are getting desperate to sell in the forum No Subject

Tue, 24 Jan 2006 02:17:11 +0000

Talking to a couple of REA’s here in western Sydney. 1 agency is selling 2 houses a day. Others have picked up also.
They pointed out that vendors where starting to realise yesterdays prices are long gone. And are now meeting the market.
I still feel however that these bargain prices are not such bargains. Just a true indication of its real value…[Read more]

nazzysmith replied to the topic Structure Help Please in the forum Legal & Accounting

Wed, 18 Jan 2006 14:08:38 +0000

Hi All,

I was of the opinion that you needed your structure in place before you signed the contract. Do you leave yourself open to action by the ATO by setting the trust up after signing?
I think i read somwhere else it will throw up a few red flags with regard to tax evasion?

I believe troynbec are doing a buy reno sell.

If your doing a reno…[Read more]

nazzysmith replied to the topic What are your experiences with motor mechanics? in the forum No Subject

Mon, 16 Jan 2006 14:10:09 +0000

Im a mechanic also
I did my apprentiship at a Major dealership.
DO NOT TAKE YOUR CARS TO DEALER SHIPS TO BE SERVICED UNLESS YOU HAVE TO.
A trust worthy mechanic is money in the bank…

-Thomas

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nazzysmith replied to the topic A Hypothetical Question. in the forum No Subject

Thu, 12 Jan 2006 13:59:01 +0000

I agree with Gross. Depends who the solicitors are. IF they where mine. And had done my due dilligence for me. THen id sign without even reading it!

-Thomas

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nazzysmith replied to the topic Goal - $100 a week in 1 year. in the forum No Subject

Wed, 11 Jan 2006 15:10:24 +0000

I agree with Derek. However If your prepard to downsize then I would consider selling and renting.
How much equity do you have and how much is it returning in this current market?

Considering you live in it. It is more then likely dead money not returning anything.

ie. If you own 400K you could
-bank it at 5.6%.
-Reap a retun of 430.76 a…[Read more]

nazzysmith replied to the topic Anyone want to sell their Wrap Kit? in the forum Creative Investing

Wed, 11 Jan 2006 14:53:08 +0000

Dominec, Call them direct and they will get you one.
I ordered mine when thay first ran out in December. Recieved a copy last week. I was told it was on back order. Call them, you will probably find the site is not up to date. And they now have them in stock.

-Thomas

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nazzysmith replied to the topic Setting up a Family Trust in the forum Legal & Accounting

Tue, 10 Jan 2006 15:47:04 +0000

Get wealth Guardian. Will explain in detail the benifets of discretionary trusts in relation to property investing.
This will empower you as to what you want.

-Thomas

“More Time To Snowboard”

nazzysmith replied to the topic Building townhouses...should we steer clear? in the forum Help Needed!

Mon, 09 Jan 2006 15:59:40 +0000

KB1975

If your serious about this. GO AND SEE MARTIN AYLES IN MELB.
What you suggested is exactly what he does except he rents the third one out.
Ive met him twice. He appears to me to have acheived the same as STEVE and co. Using a differnet strategy DEVELOPING!!!!!

MOre importantly he has some very simplistic approaches that anyone can…[Read more]

nazzysmith replied to the topic Goal - $100 a week in 1 year. in the forum No Subject

Mon, 09 Jan 2006 15:39:02 +0000

NIce post
If your doing this for accountability. Tell us How much money you are starting with (Thats money you physically have in the bank)
And any Equity you already have.
Why
Cause if you already got 104,000 dollars cash. You could bank it at 5% for a 100 dollar a week return.

I look forward to hearing of your future success and…[Read more]

nazzysmith replied to the topic Steve McKnight's Wrap Kit in the forum No Subject

Sat, 07 Jan 2006 07:44:07 +0000

Aukssie,

I believe the office will reopen on the 9th of january, I suspect that the web site is not up to date. I ordered mine back in December by phone. Was told it was on order would not be available ffor 2 weeks.
Have since recieved it so id assume they have stock now.

Contact menu at the top should sort you out. GIve them a try on…[Read more]

nazzysmith replied to the topic This forum dying! in the forum Opinionated!

Thu, 05 Jan 2006 14:54:40 +0000

Perhaps Xmas Holidays is a cause

-Thomas

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nazzysmith replied to the topic TO SELL OR NOT TO SELL? in the forum Help Needed!

Tue, 03 Jan 2006 15:32:13 +0000

Im not Steve,
But i’d sell.

-Thomas

“More Time To Snowboard”

nazzysmith replied to the topic Any new suggestions on this matter in the forum Help Needed!

Tue, 03 Jan 2006 15:23:49 +0000

Hi there,
Just my 20 cents, With your PPOR. Not advice just what id do cause what i want and what you want are likely to be different.

Sounds Like lazy money to me.

310,000 minus 85,000 = 225,000 in equity

How much of a return is your 225,000 offering now?
1.Capital growth is not likely more likely moving down. So the equity is earning…[Read more]

nazzysmith replied to the topic Investment Detective or Buyer Beware? in the forum No Subject

Tue, 03 Jan 2006 14:48:42 +0000

Hi there,
I have both and a few more. I reccomend wealth guardian. I know its not what you asked, and I have nothing negative to say about Investment Detective or Buyer Beware. But as an honest answer I really liked wealth guardian!

-Thomas

“More Time To Snowboard”

nazzysmith replied to the topic Advice needed in the forum Help Needed!

Thu, 22 Dec 2005 14:43:52 +0000

Dazzling,
How abouts throwing up the real figures for us to look at?

-Thomas

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nazzysmith replied to the topic Cronulla Debacle in the forum No Subject

Wed, 21 Dec 2005 03:43:50 +0000

Hi Celivia
Wow thats dissapointing that the media has put us in such a bad light over this issue overseas.
The media here certainly has alot to answer for too.
As for violence on a world stage? We don’t even deserve a mention. There where maybe 6 victims who where hurt on the day and cars damaged in retalliation.
Followed by a couple of more…[Read more]

nazzysmith replied to the topic Advice needed in the forum No Subject

Sun, 18 Dec 2005 10:21:33 +0000

Interesting, This sounds like a great deal! surely she must be able to rent the other half for a similiar return?
Im sensing there must be some difficulty getting tennants in this area. Why the emphasis on the rental guarantee?
Why not offer 170k or lower with no rental agreemant, $157 a week is $8164 annually. Take it off the purchase…[Read more]

nazzysmith replied to the topic Cronulla Debacle in the forum Forum Frolic

Sun, 18 Dec 2005 08:14:03 +0000

Having met you Cabo I never would have guessed! You certainly sounded Americanish to me!
Although having read yout post you sound alot more aussie then most blokes I know…

-Thomas

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nazzysmith replied to the topic What type of vehicle do you have ?? in the forum Opinionated!

Fri, 16 Dec 2005 18:27:09 +0000

Cool thread,
99 VT commodore wagon!
I love my wagon!!!

-Thomas

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nazzysmith replied to the topic Subdividing in the forum Value Adding

Fri, 16 Dec 2005 14:05:57 +0000

Also keep in mind that this strategy could take 12 to 18 months to mature.

-Thomas

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nazzysmith replied to the topic Cronulla Debacle in the forum Forum Frolic

Fri, 16 Dec 2005 14:00:58 +0000

Maruco, I dont give a stuff what your son looks like! If he is an honest and trustwothry person Ill gladly stand by his side! And he should be able to proudly stand up and say “I AM AUSTRALIAN”.
If people look at him and identify him by his looks so be it. Its whats on the inside that counts.
As for not liking being called asian? Im kiwi and…[Read more]

nazzysmith replied to the topic Cronulla Debacle in the forum Forum Frolic

Fri, 16 Dec 2005 13:47:02 +0000

Hi Calvin,
I heard earlier on the radio a group of cars full of lebs was pulled up in the city. The cars where searched and numerous weapons ( no guns) where found.
There drivers license showed W.A address’s.
Not sure on the validity as it has not been shown on the TV news yet. And there have been several misleading stories flying around!
But jeez…[Read more]

nazzysmith replied to the topic new layout in the forum General Property

Thu, 15 Dec 2005 15:29:50 +0000

Hi Steve
Not sure if this is the place to ask, but when replying to a topic PREVIEW post button does not work.

-Thomas

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nazzysmith replied to the topic Martin Ayles in the forum Value Adding

Thu, 15 Dec 2005 15:26:34 +0000

Magellan,
Having met Martin and spent time with him, I highly reccomend going to see him. The important thing to remember is that this is a guy who actually does as he says! Yes he is finacially well off. But he has the same fears as you and me and invariably has made the same mistakes that we will.
For this reason he is an excellent resource, who…[Read more]

nazzysmith replied to the topic Cronulla Debacle in the forum Forum Frolic

Wed, 14 Dec 2005 14:15:36 +0000

Depreciator, your absoulutly right.
While i deliberatly make a choice not to be rascists. And accept anyone for who they are.
If i see an asian driver i automatically assume bad driver
If i see 5 lebs in a gemini I automtically assume trouble
But also If I see A group of bikies I also assume trouble?

Is sterotyping a race, rascism?
If so then…[Read more]

nazzysmith replied to the topic Cronulla Debacle in the forum Forum Frolic

Wed, 14 Dec 2005 02:21:35 +0000

I love the shire, spend every spare minute of my time down at eloura and greenhills. And I agree with you that a majority of the crowd would have been peaceful. I also have to say that this wasn’t unexpected. Im sure alot of people down there have been putting up with a lot of crap for a very long time! And this was just the straw that broke the…[Read more]

nazzysmith replied to the topic there is ALWAYS a solution in the forum Legal & Accounting

Tue, 13 Dec 2005 15:38:06 +0000

Well that depends on if your going to throw it up on the forum for everyone to look at?

-Thomas

“More Time To Snowboard”

nazzysmith replied to the topic The Good... And the Not So Good.... in the forum General Property

Tue, 13 Dec 2005 14:01:27 +0000

Hello Andy,
Sounds to me like you have a skill!!!!
Now you need to manage that skill for succesfully making money and reduce the time and effort required on your part to achieve it.
Why not aim to complete multiple reno’s and contract some of the work out?
Aim to do 4 properties a year using someone else’s time. With smaller returns.
Still make 70…[Read more]

nazzysmith replied to the topic INVESTMENT Properties. in the forum No Subject

Tue, 13 Dec 2005 03:25:17 +0000

If you have been here since 2003 then you would know that your thread will be locked as soon as a moderator finds it!

-Thomas

“More Time To Snowboard”

nazzysmith replied to the topic What would you do with $10,000? in the forum Help Needed!

Sat, 10 Dec 2005 13:53:55 +0000

This thread has a familiar tune Im sure ive seen it before, Thats 24k a year passive income. At age 16. Thats outstanding!
What is it you do to achive 2k a month return?

-Thomas

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nazzysmith replied to the topic What are you doing on Christmas Day ? in the forum Opinionated!

Sat, 10 Dec 2005 11:38:23 +0000

Dazzling that was cryptic, your starting to sound like gross
Got the big lunch thing at our place, around 20 people I think. Then I hope to head down to the beach for the afternoon.

-Thomas

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nazzysmith replied to the topic And/or nominee and trusts in the forum Legal & Accounting

Wed, 07 Dec 2005 14:15:05 +0000

If the property your looking at costs 500k, why not just put up the 2 g’s for a pty ltd trust? Or is this more for educational sake?

-Thomas

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nazzysmith replied to the topic chan property investor trust in the forum Creative Investing

Fri, 02 Dec 2005 04:08:45 +0000

Cool, you freaked me out for a sec. I purchased a discretionary trust, And named it my family trusts. So everything on the paperwork says family trust. Although this is just its name.

Kinda funny now when I think about it.

-Thomas

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nazzysmith replied to the topic chan property investor trust in the forum No Subject

Thu, 01 Dec 2005 14:44:01 +0000

Hello Cata
Whats the difference between a family Trust and a discretionary one?.

-Thomas

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nazzysmith replied to the topic And/or nominee and trusts in the forum No Subject

Thu, 01 Dec 2005 14:11:23 +0000

Carl as a suggestion, consider the name of your trust and how it will affect vendor. Remembering you could end up being asked for more when the vendors greed gland starts secreting.

-Thomas

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