Total Members: 158,199

Nooob

  • Nooob replied to the topic Perth Suburb Selection in the forum Help Needed! 11 years, 7 months ago

    Cross Bentley out of your list. High crime rate
    Dianella and Morely (and inglewood) are all good suburbs but don't get too close to the Maylands boundary

  • Nooob replied to the topic Commercial Property Seminars? in the forum Commercial Property 11 years, 7 months ago

    Update:
    I've tried to buy the book from Chris's website (hard copy or soft copy) and it didn't work
    I found it here for 1/3 of the price:

    http://www.propertybooks.com.au/how_investing_in_commercial_property_really_works

  • Nooob replied to the topic Commercial Property Seminars? in the forum Commercial Property 11 years, 7 months ago

    I found this in another forum:

    Quote:
    … I take advice from an old friend who is a commercial property agent. The way that he does business is that he has a group of friends/investors (which includes himself) that set him up with a slush fund of about $100k. He'll look over a bunch of commercial property…[Read more]

  • Nooob replied to the topic Property Strategy in the forum Help Needed! 11 years, 7 months ago

    Every now and then leave everything you know behind and think free;

    Let say I have a property that worth $20k and I sell it to you for $200k and you can rent it out for $10/week… and oh boy, it will double up in 7 years! you don't believe me look at price of the houses in the last 7 years (2005 to 2012)

    Does it sound like a perfect opportunity…[Read more]

  • Nooob replied to the topic Recovery from 2012 onwards in the forum General Property 11 years, 7 months ago

    Freckle
    I was wondering what are you investing in during these uncertain times.

    (I'm quit lost as I can see the bubble in the charts but I don't see any sign of deflation)

  • Nooob replied to the topic Recovery from 2012 onwards in the forum General Property 11 years, 8 months ago

    Thanks Bardon
    if you had the chance please read this book.
    It is by Peter thorn hill and it is extremely powerful

  • Nooob replied to the topic Recovery from 2012 onwards in the forum General Property 11 years, 8 months ago

    simple wrote:
    …One can consider it as your personal INFLATION ADJUSTED savings account outside banking system… 

    I couldn't have said it any better.I'm reading this book "Motivated money: You've invested well? Compared to what?" which I strongly recommend (I'll finish it by tomorrow).What it said is; gold, silver and property are all forms…[Read more]

  • Nooob replied to the topic Recovery from 2012 onwards in the forum General Property 11 years, 8 months ago

    I know that 99% of people here in this forum are pro properties and they would challenge this; but I think the foundation of oz economy is corporations.
    government will do whatever it can maintain the affordability of house price but there is no such controls required for corporate shares.
    I’m buying till it all crashes and then I buy more.

    Have…[Read more]

  • Nooob replied to the topic Recovery from 2012 onwards in the forum General Property 11 years, 8 months ago

    Yes BardonThe good news is that if you invest in the right property, even if you lose money in equity short term or long term, you'll still be fine.Also I believe that inflation will get worse as government can see that people are becoming cash hoarders, inflation is the government's weapon to push them to invest.This will artificially increase…[Read more]

  • Nooob replied to the topic 2 WA Markets, Can’t Chose Which One? in the forum Help Needed! 11 years, 8 months ago

    I'm with Luke in this case but if you had your mind all set for one of these two, then go for Rockingham.- It has a lot of big industrial corporations around including Rio Tinto, Leighton (SLC) etc and a lot of fairly large size corporation are working at Henderson which is close to Rockingham.- It is close to beach and 10 years down the track…[Read more]

  • Nooob replied to the topic Direction Needed in the forum Help Needed! 11 years, 8 months ago

    If I were you my first step would have been talking to a savvy accountant and setting up a proper trust system while you are single.Just in case you got married and divorced again, you don't wanna lose everything.I know you are still hot and thinking I will never marry again but there is no harm in protecting your assets.BTW congrats on coming…[Read more]

  • Nooob replied to the topic looking at getting first investment property in the forum Help Needed! 11 years, 8 months ago

    You bought a house for $430k and rent out the spare room for $670!!!I'd say rent all of your rooms and move out to a new one.This is a massive CF+ property, don't worry about any diversifying. buy the house next door

  • Nooob replied to the topic Shipping container homes in the forum Help Needed! 11 years, 8 months ago

    BTW, we are using them as office on the barges and we hired them with windows and door and everything from Coates Hire.I don't think I can rent it to anyone.http://www.coateshire.com.au/site-accommodation-hire/

  • Nooob replied to the topic Shipping container homes in the forum Help Needed! 11 years, 8 months ago

    Von Krumm wrote:
    … AFAIK you don't need footings and as they are structurally sound …

    That is not true. They classify as a light weight structure and they need to tie down to the ground properly in case of storms and strong winds. But the tie down systems are fairly cheap (less than $3k)I've been involve in construction of a lot of mining…[Read more]

  • Nooob replied to the topic Valuers in the forum Help Needed! 11 years, 8 months ago

    Good on you Max CollinsIf you give us some ins and outs on how to approach this matter, we will be able to use your service and injecting more cash in your industry and businesses like yours.Here is an example.I found a property that it worth $500.Due to special circumstances I can buy it for $400.How should I approach the lender and use your…[Read more]

  • Nooob replied to the topic Can’t seem to crack first IP…maybe call in the pro’s? in the forum Help Needed! 11 years, 8 months ago

    Renel / Jasonlheath / SI'm also a new investor in Perth. I think it would be a great opportunity that we can all get together and share our knowledge and experience with each other as we go forward.Please let me know if you are interested.As for the offer:Robert Kiyosaki in his book "rich dad, poor dad" brought this example that he and his friends…[Read more]

  • Nooob replied to the topic Valuers in the forum Help Needed! 11 years, 8 months ago

    There was an article in YIP (or API, can't remember which) about a bargain hunter who purchased the property subject to the purchase price remaining secret.I was trying to explain his method for a friend of mine and I couldn't find the damn magazine.There are clauses that you can use to keep the purchase price secret. Valuers sometimes looking at…[Read more]

  • Nooob replied to the topic our experience with Homeloans in the forum Finance 11 years, 9 months ago

    Found this info regarding the trust setup:http://www.propertybooks.com.au/family_trustsApparently it is not suitable for my case.I'll dig more…

  • Nooob replied to the topic our experience with Homeloans in the forum Finance 11 years, 9 months ago

    jnbThanks for your reply.Would you suggest any books regarding the corporate/trust setup and the taxing on the corporations that I can educate myself before I talk to an accountant?Thanks again

  • Nooob replied to the topic our experience with Homeloans in the forum Finance 11 years, 9 months ago

    Jnb
    Please explain a bit more.
    I’m extremely interested in this subject.

    Please tell us a little bit about the benefits and down sides. How much did it cost to setup etc

    Thanks in advance

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