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  • Administrator replied to the topic Property Syndications in the forum General Property 21 years, 11 months ago

    $ 40 K won’t get one very far.

    The reason to invest in a house rather than in a syndicate is because you haven’t got any control as to how your money is spent.

    Who knows whether the people in charge know what they are doing.

    Who knows whether the investors get a fair shake.

    The ideal situation is to place one’s equity at work in many different…[Read more]

  • Administrator replied to the topic Assigning contracts – ethical? in the forum General Property 21 years, 11 months ago

    Markpatrick you said :

    >>grew up in a far from financially comfortable large family and I think it can do kids a lot of good in that environment, as long as it`s a happy environment!,<<

    Yes, a loving environment is very desireable. A lack thereof can cause big problems.

    That is the reason that I say that it should be a priviledge to have…[Read more]

  • Administrator replied to the topic Assigning contracts – ethical? in the forum General Property 21 years, 11 months ago

    >>im not married, just in a relationship <<

    What ? Seventeen and already in a relationship ?
    (I hope it isn’t with Phil ?)

    What is the rush anyway ?

    Pisces

  • Administrator replied to the topic Hellfire Club in the forum Forum Frolic 21 years, 11 months ago

    well of course I was gonna read THIS post!! The hell fire club……ahhhh…….where the deviates party!! Wanna have a Melb meet there?? Whips chains and handcuffs a must…….leather or latex optional!! [}:)][}:)][}:)]

  • Administrator replied to the topic Sorry Steve in the forum General Property 21 years, 11 months ago

    Well that looks like a good way to get a tax deductable holiday, even if you finish up not buying anything [:o)]

    Pisces

  • Administrator replied to the topic deposit and equity in the forum Finance 21 years, 11 months ago

    If you have the good fortune (the harder you work the luckier you get) to locate and buy a property which you can more or less instantly flip at a profit then you will produce some income which will go a long way towards establishing a higher deposit for the one you decide to keep.

    At other times the vendor may be prepared to lend you a deposit…[Read more]

  • Administrator replied to the topic when buying a in the forum General Property 21 years, 11 months ago

    I certainly would like to know why the construction was discontinued. (Sorry if this is not the case).

    If it is however the case that you are buying from a builder an he hasn’t as yet finished the construction
    I would certainly make the contract subject to satisfactory completion, which means that you can have the building inspected and that all…[Read more]

  • Administrator replied to the topic Sorry Steve in the forum General Property 21 years, 11 months ago

    >>We have got to the stage of trying to listing our Asparagus farm for sale…… Anyone interested???? <<

    Sorry, it appears like too much hard work to me.

    Pisces

  • Administrator replied to the topic Sorry Steve in the forum General Property 21 years, 11 months ago

    >>In recent days the media has focused on the negative effects of the rising Australian Dollar, etc<<

    It isn’t so much the cold hard facts as the feelings such articles stir up in people’s minds (which in turn affects their economic behaviour).

    Will ‘the news’ be strong enough to change people’s outlook towards real estate (be it buying, or…[Read more]

  • Administrator replied to the topic Assigning contracts – ethical? in the forum General Property 21 years, 11 months ago

    Calling Matt P.

    Hi Matt. I just looked at your profile.
    A greeneyed, 6ft 1 inch monster of a fellow, only seventeen AND married ?

    Married ? Seventeen ?

    Cheers,

    Pisces133

  • Administrator replied to the topic Building duplex or townhouses in the forum General Property 21 years, 11 months ago

    >>My point was its a difficult time in the cycle for proeprty developing also and if you were not sure of the basics, you could end in a little bit of trouble.<<

    In a way, a downturn is good from the point of view that it may be a bit cheaper to build as well as the fat that the completion time may possibly be a bit shorter.

    Pisces133

  • Administrator replied to the topic Assigning contracts – ethical? in the forum General Property 21 years, 11 months ago

    Markpatrick, to try to defend the indefensible is not too smart a choice.

    One of the main reasons these people moved to Perth was because the house prices there were so much lower.

    That together with the fact that they had a largish family must make it clear to every thinking person that they were hardly in a position to treat $ 10 K in a…[Read more]

  • Administrator replied to the topic Assigning contracts – ethical? in the forum General Property 21 years, 11 months ago

    Here is a good example of someone letting their emotions getting in the way of what is the right thing to do for their family.

    Some years ago a friend of my wife lived in a semi in Bronte.

    She and her husband decided to move from Sydney to Perth for some stupid emotional reason (which I don’t want to go into because it isn’t relevant for the…[Read more]

  • Administrator replied to the topic Free Property Investing Weekend! in the forum General Property 21 years, 11 months ago

    >>If you dont let him landlord your property, he will not sell the property to you at all.<<

    I find this hard to believe S.I.S. that is just pressure talk, bulldust.

    >>Remember he sells blocks of units (1 title x 4 units). So infact he is getting $40 for this such
    deal.<<

    Managing a property for $ 10 a pop is hardly worth the trouble no matter…[Read more]

  • Administrator replied to the topic Free Property Investing Weekend! in the forum General Property 21 years, 11 months ago

    >>Quoted:
    Fantastic, you can now turn around and wrap them<<

    Sorry Chan, I deleted my post once I saw that you fessed up.

    Pisces133

  • Administrator replied to the topic Free Property Investing Weekend! in the forum No Subject 21 years, 11 months ago

    >>There’s also a mortgage broker in the bus as well. So you can get a loan while your are in the bus <<

    That’s what is called a mobile mortgage broker.

    And the passengers are called ‘a captive audience’.

    BTW Chan, what does NTTT stand for ?

    Pisces133

  • Administrator replied to the topic Free Property Investing Weekend! in the forum General Property 21 years, 11 months ago

    You’re a sadist S.I.S. witholding that information from us for so long.

    An argument ?

    Did Chan start that ? [;)]

    Not very nice to pick an argument with one’s host, especially after having been feted and feasted so well by Mr Ollis.

    How many did you buy over the weekend ? [:D]
    Pisces133

  • Administrator replied to the topic Assigning contracts – ethical? in the forum No Subject 21 years, 11 months ago

    Stating one’s point of view isn’t identical to having a discussion about the merits of the respective arguments.

    I have provided my reasons stating that it may pay for someone, who is about to be sold up, to consider an offer as the alternative may be a lot worse.

    From what I can see, you have merely provided your outlook which is tied in with…[Read more]

  • Administrator replied to the topic Assigning contracts – ethical? in the forum No Subject 21 years, 11 months ago

    Angry ? Certainly not. Just frustrated that whatever I said in favour of buying from an anxious vendor is being totally ignored rather than addressed.

    That is not the way a debate should be conducted.

    Let me just say that I like you better, Kay, when you post about Brisbane etc.

    You can have any believe system you choose Kay, just don’t label p…[Read more]

  • Administrator replied to the topic Assigning contracts – ethical? in the forum No Subject 21 years, 11 months ago

    >>I guess it’s a matter of doing unto others…<<

    Give us some examples, Kay, where you have done a good deed as otherwise we may jump to the conclusion you are all talk and fluff rather than substance.

    For example, some years ago I bought a small development site and agreed to sell the vendor one of the villas on completion at a discount to the…[Read more]

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