Derek,

Yes I did ask for feedback – regarding my question ‘who should show the home’? I didn’t ask for opinions on whether what I’m doing is right or wrong! I am very happy with my decision to buy the home now and sell it later just like countless other wrappers do including John Burley. This is my race to run, my choice to make and I am more…[Read more]

Originally posted by yack:
Make sure you also read Peter Spann and Jan Somers to get a well rounded view on property investing.

Hi Immortality

As you’re obviously DEVOURING [bike2] and LOVING stacks of books, my tip is to spend approx $2,000 to set up your legal and tax structure asap (ie., don’t make the mistake many of us on the forum made…[Read more]

Hi Richard,

Thanks for the feedback. I have completed a number of wraps in the past year and have always done what you mentioned, finding the purchasers first then the home. This works ok however I like to keep my options open. Having attended numerous courses on the subject we decided to do what everyone else does (and what we have paid alot…[Read more]

Hi Derek,

I totally disagree. I believe that doing something is alot better than doing nothing and if we all tried to have every answer to our many questions crystal clear before we started then I doubt we’d start at all!
I simply asked for ideas on what other people do. Of course I had considered my options before I bought the home HOWEVER it…[Read more]

Hi Julia and Stephen

I saw this in Qld’s “Sunday Mail” last Sunday, mentioned it to my personal banker yesterday, and the ripples are only now starting to be felt.

Would this thread be better placed in the “Legal” rather than the “Resources” section? We need as many knowledgeable people as possible on board for this one. An extremely…[Read more]

It is illegal in Australia to send unsolicited email.

In Australia, spam is defined as ‘unsolicited commercial electronic messages’. New Australian legislation relating to spam – the Spam Act 2003 – came into effect on 10 April 2004.

http://www.…[Read more]

Bet you get a few PMs just from asking that question.

______________________

I know I can, I know I can

Adding a quick 2c on the bosses time. In the push to “political correctness to the max” many seem to be feeling guilty that they have a bias. Bias is natural and should be seen as such as we would not be able to form an opinion. I like yellow more than I like blue, but I like blue more than I like red.

Having an irrational bias without looking at…[Read more]

I usually can correlate how open I have been to others and the universe by my carpark Karma. Get a good spot and I am grateful for being rewarded for my attitude. Can’t get a good one and I can instantly remember times I was not pleasant to others or thought uncharitable thoughts.

I guess some would put it down to their…[Read more]

All humans are philosophers, to what degree depends on how open they are to learning from their experiences and then being able to express it to others. The best lessons I have learned have come from the worst experiences I have had. Strange but true.

I would say the same for the “top-level movers and shakers”. I bet none of them got to where…[Read more]

Hi Tyrone,

I recently purchased an ex Dept of Housing property to wrap and I havent had a problem. The home is in great condition and freshly renovated and the building report came back excellent. I think with any home you need to conduct your due diligence and you generally will pick the home up cheaper than normal because its ex Housing…[Read more]

Good for you!

remember procrastination is like masturbation, you are only F$%@ing yourself

______________________

I know I can, I know I can

Originally posted by wanting more:
We have just purchased our first IP just six weeks ago. We have painted throughout, complete new bathroom, new – (well excellent secondhand kitchen), carpets cleaned, garden done etc..We are doing it all now to build up the equity so we can buy another IP ASAP…Being very new to this and on a very limited income…[Read more]

Originally posted by Greg F:
My private banker at Suncorp told me yesterday they can do it provided:
1. The property is within 25 kms of a Suncorp branch (are Suncorp in an alliance with St George?)
2. It was less than 10 hectares.
We qualify under the 1st but not the 2nd condition.

Hi again

Forgot to tell you another Mortgage Broker asked me…[Read more]

Hi Life Ex

My JV partner and I are in the same boat as you trying to get better than 70% LVR in country Qld. My private banker at Suncorp told me yesterday they can do it provided:
1. The property is within 25 kms of a Suncorp branch (are Suncorp in an alliance with St George?)
2. It was less than 10 hectares.

We qualify under the 1st but not…[Read more]

It is a a gift to get insight from a life threatening situation. Nothing like a degenerative incureable disease to get the focus sharp and pointed.

I often see people living like there is no tomorrow, I live like I only have today. There is a major difference between the two.

I want to be rich enough to reach two personal goals before December…[Read more]

If paulusi is who I think she is then I think that’s right bennido. Taking a position in the market may mean a change in strategy. If values going sideways looks like a long term propostition then having “lazy” cash in buy and hold properties may not be the way those who want to run their investing as a business, want to do…[Read more]

Originally posted by JLtarra:
Adding them to the shopping cart is no drama, the next stage is.
Actually buying them. Also to reduce the quantaties in my shopping cart.

John

Ok To reduce items have a look at this URL
http://www.ReallyLongURL.com/shopping.JPG and note that circled button at the bottom. Update quantities will work by you changing…[Read more]

Hi there,

I have bought a number of residex reports and find them quite useful, too much information is never enough!

Cheers,
Brooke

Weeeeeeeeeeelllllll I don’t know about all of this race stuff.
/Samantha Stevens Voice

The assumption there is you are in competition with something/someone, and although I am heading in a particualr direction there is nothing but goals along the way. Signposts that I am on the right road if you will. How fast or slow I go is mostly up to how…[Read more]