Well .. nothing surer than death, taxes, politics and healthy debate.

Dino .. again a good balanced argument mate. I like how you always come in after everyone has had their say and then summarise your points. We won’t always agree, but I respect your deliberation. Well said.

Cooper .. welcome to the discussion. This is not a “bitch about…[Read more]

Hi Aussierogue,

Long time, no chat. Not so much the jeans I was in disbelief about, but the fact that an agent would get back to a prospect by fax. Then call a week later?

I too have learnt that dress codes tend to be diametrically opposed to one’s ability. Like someone said to me: “If you can’t be yourself, who can you be”? I admire blokes like…[Read more]

Only a fool would lend money to someone with little or no experience.

So, for example, finding a development site for a block of 20 units (or even as little as 4 or 6 units) and thence looking for a money partner
is an impossible task if you haven’t been involved in this type of thing before.

The solution is to start off small and get some…[Read more]

>>ones person’s guru is anpother person’s ripoff merchant<<

Henry you will know the difference between the two after you have spent excessive sums of money
and find that whatever it is that you were being taught hasn’t benefitted you.

Cheers,

Pisces133

Finding those questions and pondering about them is very useful.

If most people are like me (and I have no doubt that is the case) one will find that one loses the drive to pursue a particular goal and it is hard over time to not be distracted but to keep attention on the things which lead us achieving out goal.

Too many things which do not…[Read more]

No C2, I have no problems other than with this site.

Pisces133

Hi again Bronny,

That is almost unbelievable. It just doesn’t add up does it? It’s like opening a shop door, then refusing to sell anything. Sounds like this guy might be enjoying the beach permanently before too long.

All the best, Phil

Hi Bronny,

Might I suggest that he wasn’t the agent after all. Sounds more like a keen buyer waiting for the actual agent to return from one of the other units.

This guy had your number, the agent’s card and might just have taken advantage of the waiting time to put off interested parties. Then he phones you a week later to check his tracks for…[Read more]

You’re a dark horse Mel, good for you.

Cripes .. 0 – 79 lolly machines !!

How do you “wrap” a lolly ?
Do you resist eating the profits ?
What if interest rates go up ? LOL
Talk about positive cash flow !
Will the banks lend against them ?

When are you going to write a book .. don’t tell me, you already have right ? .. on the shelves next week…[Read more]

HI Westan,

Why are you considering fixed rate?

Cameron

I used to get stuck into a ripp-off guru on a particular (shares) website by exposing his lies and bulls..t and found that most of the sheep which were about to be shorn resented hearing bad things about their guru.

The problem is that the way most people are they somehow have a perverted need to believe in a guru and there isn’t really any way t…[Read more]

The term is often restricted by the lender to be no longer than the lease of the main tenant.

Pisces133

I saw a property on realestate.com.au in Blacktown adnd the price was $ 310,000 – $ 370,000.

When i phoned and asked what the price meant I was told that they have many house between these wto prices.

When I said ‘But that price refers to a specific property’ (a photo was attached) the answer was ‘The owner is looking for offers between these…[Read more]

Are you in Australia ?

Pisces133

Hi all,
am watching to see what happens here in Oz. I don’t feel the need to rush out. There were bargains around a while ago, and there will be bargains around tomorrow – am sorting out all the financials ready for when something interesting does come up.[]
Westan, how goes the exodus plans[?]

I look forward to sleeping in any day I feel like it!!!

Hi Anastasia,

Great points. I bought under a body corporate. Trust account was in the black, only a single insurance claim with one break in, proposed improvements were minimal and the complex was only 9 years old at the time of my purchase.

Kind regards, Phil

Bill,

As R&H Cowra have closed doors, how many other agents are in town? Who owns the rent rolls?

Phil

Hi Richmond,

To leverage lost time and leave something for my daughter.

10 words precisely.

Thanks for the question, regards Phil

Craig and Richmond,

I concur. I had hoped that the new tax system would have been closer to that which you have just described.

Lower income tax, with higher luxury item tax. Scotch at $50 a bottle and smokes at $20 a packet. I drink and smoke by the way. But the luxury tax could also be reimbursed in part to primary industry, to keep milk at…[Read more]