Wouldn’t it be better to make a clean break and have no connection whatsoever propertywise ?

I can see big problems here even though you may see renting the property to your ex as a business decision.

Pisces133

Well Kay, you mentioned the obvious things to check for.

Now what about the other items guys ?

BTW Kay, checking the Body Corporate notes of meetings
is a good way to discover some pretty nasty possible problems. I wonder how many people have done that or are actually doing this.

Admin., I wonder whether it is possible to run a thread where…[Read more]

“7am” ? []

Pisces133

Sorry, I have just discovered the location of the tan envelope.

I also posted yesterday (and thence deleted the post once I discovered I was too hasty and plain impatient) about not being signed in.

I have now discovered there is a facility in the top right hand corner of the page. I guess one could say that I was just shooting off my…[Read more]

HousesOnly, I am still thinking about your statement
“All booms are always followed by a bust’

The problem with the above statement is that it implies that there MUST be a bust.

I am not saying that there won’t be a bust or that there cannot be a bust.

My point is that by being so emphatic one will create the mindset in oneself that it MUST…[Read more]

Georgisj, as I take it that you have followed this road yourself may I ask you what you mean by ‘minimal cost’ ?

If one wanted to approach the owners of say 200 units how much would that information cost ?

Pisces133

PatCatz brings up the following :”ALWAYS check out reports etc.”

I think it would be a good idea to discuss what the word ‘etc’ means in the above statement.

My best friend has recently bought a total of three blocks of units without having seen them first.

He happened to be attending an auction for another property for a client, saw a block of…[Read more]

One of us must be colour blind as I cannot see a tan envelope at all. []

Pisces133

Miracle of Miracles.

I am now able to Cut and Paste.

Pisces133

I saw that advertisement but didn’t cut it out.

Yeh, I wouldn’t mind being driven around. [:o)]
However I bet they will be putting on the hard word.
(Sign or else [}]

I’ve heard stories before that people going on a free trip who won’t sign up are threatened that they will be left behind.

I am not talking about these people (I wouldn’t know…[Read more]

thanx for that!! Much appreciated []

For some weird reason all my emails were sent to junk mail..so Im sooo outta the loop its not funny!!

Im really starting to dislike my puter…I may be tempted to turn it onto a fishtank!

Jarrod, I cannot find you in the phonebook !?

Can you provide us with your email address or a phone number ?

Thanks,

Pisces133

Sorry guys to be monopolising this topic as much as I have.

Unfortunately I need to respond to Kay’s question which asked : “Flips would seem to be to be an extremely risky strategy in any time other than a boom.” and “How can one be sure of making a quick profit these days? One might be lucky to break even.”

There aren’t any guarantees Kay.…[Read more]

>>Nobody can argue that today is at, or close to, the peak of one of the biggest booms that Australia has ever seen. This should be an fair indicator to the extent of the boom and thus the extent of the bust that is required to return balance to the market.<<

HousesOnly, I happen to be an old sharetrader and most interested in cycles. I have…[Read more]

Chan$ posed the following questions to HousesOnly :

What if the property price is not downward?

What if the price is not downward at time you suggest?

what will you do from now to your prediction date?

I have disclosed my strategies, i.e. that cashflow +ve properties and flips are the way to go. so what are you going to do HousesOnly…[Read more]

>>All booms are always followed by a bust.<<

Housesonly, those words are too strong. They evoke pictures of the sky falling in.

Prices retracing a bit may well be a disaster for those of us who are overcommitted but it isn’t a reason to stop being interested in buying properties.

One’s strategy may perhaps have to be adjusted, that’s…[Read more]

Wow, you have got $ 50 K and you are only 17 years old as yet ?

You will set a record on this site.

My first thought was to give you a facetious response to your question ‘How to retire with
50 K’ by suggesting you move to a low wage country where, with that money, you could live like a king.

There are indded countries around like…[Read more]

You CAN get 80% finance though possibly you may need to go to more than one lender (and of course you can only do that if the proeprty is strata titled.

BTW, here is a tip.

You can apply for strata titling, and upon approval the council will endorse your linen plan.

There is however no need to lodge it until you desire to do so (many years…[Read more]

>>so that means the developers solictor could be holding three or four deposits on each unit ?<<

WWWWhat ? Are you selling one and the same property several times ?

I suggest that next time you put a condition into your contract of sale which states that the deposit is to be released to you upon exchange.

The buyer’s solicitor will probably…[Read more]

Ill stick to well earned much used and never fail excuse!!

“but I was looking at that cute guys buns..”

OK it might not work for all of you……hahahaha

:þ