This will b my last communication with you.

God only knows why u have such a chip on your shoulder.

If you read your replies u will understand that u have not understood my points.

It really does not matter what I respond to you here because u will find a smart a.se way to reply … u r negative energy to me … I have done the hard…[Read more]

Lets see, ah we have no funds? or we have no confidence? or we read in the age that property is overvalued by 15% or we are waiting for the FRB in USA to announce on tuesday what is happening, or I know we want 110% pre-sales before we lend any money aaahhhhh

Philip

You sound sooo wise so how many houses have you built?

Money does not make you rich but the process of making money will make you rich, many people are good at playing monopoly but fail in real life using their own cash.

Real estate is not the same everywhere, you can’t compare Penrith to Point Piper or build an AVJ 3 bedroom home in a…[Read more]

Nixon changed the rules of money in 1971 when he took away the gold standard from cash.

Philip

I would like to talk to you or meet you in person I am in Sydney but travel extensively where do you want to meet.

Kindest regards
Philip Sigglekow
LREA author

Philip Sigglekow
LREA author

Good points … is there a difference between rich and super rich … is our rich middle class as we know them and supper rich another level we never talk about? … super rich pay 20 million for a penthouse and don’t care if it value drops here and there ??? … who are poor people and what level is poor?

Overseas buyers buy…[Read more]

Firstly I cannot understand why you are so sarcastic in your responses.

I don’t know how many houses you have built or investments you own and the limit of your experience.

When you get a quote of $200K from AVJ the end price will be $300K

$800K was a quote for a finished Peter Binet home I paid $425K for a 5 bedroom finished…[Read more]

Sorry I didn’t go for the solid gold fittings hahaha funny comment

Secondly I built a project home not a designer builder … I had Peter Binet give me a quote at the time which was around 800K I went for Westminster Homes and did my own personal touches like 40mm granite in the kitchen, marble floors in all baths and fully tiled walls…[Read more]

IMHO I believe we are separating the wealth from the middle class into the poor and and rich classes.

Will we ever see another BOOM like the last in our life times?

Paris has a population of approx. 10 million people, a 15 square bed sitter rents for $1,500.00 per month – London prices are dropping, Rome prices are dropping, USA…[Read more]

How long is a piece of string?

I bought an old sh.tter in 2000 knocked it down built a 40 square pool 3 marble baths and am up one million profit HOWEVER

If I had to upgrade in the same suburb (Hunters Hill) i need another 500K

I don’t believe a lot of people make money because you have to replace it … 99% of…[Read more]

What is a millionaire in 1980 today is probably valued at 10 million dollars to be a millionaire.

This all began (inflation) in 1971 when Nixon too away the cash value from gold … read the conspiracy of the rich by Kiyosaki.

Here in Paris and London the sentiment is the same … affordability.

Cheers Philip Sigglekow

yes yr sparky mate is correct

Pole and 3 phase cabling max $2,000.00

New board with CBs and safety devises plus rewiring the whole house not including fittings, $6,000.00 MAX

Did one 4 years ago.

Philip Sigglekow
LREA author

We are borrowing 100 million every single day of the week, welcome to “labour”

Mortgage reset loans are kicking in now.

Commercial vacancies are rising.

Developers can’t get finance, and the banks are tightening up more because they are not getting funds from overseas.

Obama is spending more money, now on roads, rail and…[Read more]

Yes it is all over the place.

400 properties in the Eastern Suburbs of Sydney are about to hit the market from bank repossessions.

Civil works costs in Sydney have been increased by $30,000.00 per allotment on new sub-divisions.

Bottom is more expensive to develop and the poor people once again are the ones to feel the…[Read more]

The 2 property options lawyers I personally use are:

Peter Kumnick at k2Law in QLD & Mel Ciampa from homeandhoused in Sydney.

Please mention my name.

Both Peter & Mel have contributed 8 legal option contracts into my “Property Options 101” on line training system on my education web site http://www.realestateedu.com.au

My students also…[Read more]

Good comments however!

Old thinking IMHO

1. If you sell where do you put your money?

2. USA property slides further down and this will affect Australia.

3. Start thinking passive income, not negative gearing and CFP.

4. The old day thinking is “your home is an asset” this is incorrect if it is the only asset you own because…[Read more]

haha you are very funny and definitely not stupid at all.

If property was all the same it would be an easy game like a level playing field.

Jan was right for her time and was a pioneer to be respected.

Steve who owns this site if he started today would possibly fail.

I have a rich brother and one of his sayings is … making…[Read more]

Did you watch the 4 corners program last night?

This thread began in 2006 however this global financial problem started in 1971 when Nixon took away the gold standard.

USA and EU are far from over.

Banks in Australia are running out of money to lend, banks get their funds from overseas investors, so it makes sense that if there…[Read more]

I am willing to trade my Italian wife, my twin teenage girls aaahhhhhhhh and a mad chiwqawa half breed dog for a bottle of scotch … any takers ?????

Did I mention the fact I was serious??

Philip

DW I apologies for my response to you.

I have been around for 150 years Haha … I have learnt one thing in this time … markets change very quickly … in 1990 I was playing golf with Greg Norman today I am not …

Where will you be 10 years from now.

The advise you are giving today if…[Read more]

Haha yes you are blind or stupid haha just kidding … go to front page … at the bottom in the GREEN box FREE goals coaching courses.

Enter yr email address and fill them in …

Also look at the real estate riches course.

DW,

Take a pill … do you want to compare yr portfolio and experience with me … I understand your…[Read more]

Yes this becoming more common and typical of people who get caught in the wrong cycle, SEQ is over priced and the ROI is around 2%

I love to read opinions and remember the saying – he who laughs first laughs last loudest.

There are 250 rental units on the Coast for rent at $350.00 and tenants are only willing to pay $280.00

50…[Read more]

We vote in these idiots who have never run a business who create as my lawyer says, tomorrows slums today.

There is so much vacant land in every CBD built up area all around the country that could be better utilized.

As “Kiyosaki” says it does not matter who you vote in power you just have to learn…[Read more]

Should we be focusing in utilizing current spaces better where there are essential services already installed.

Philip Sigglekow

Yes there are many factors still coming to play.

While there are always good positive cash flow deals to be had there are potential dangers as well.

There is still a great deal of danger in the US and EU that could effect Australia.

Spending is down in Australia and the election is spending millions…[Read more]

Where do you advertise your Lic cleaning service, do you also offer a property inspection for landlords?

Great work well done.

Regards

Philip Sigglekow

Why fly to melbourne?

Are they licensed advisers?

What is their license number.

Who are the names of the people you have talked to so far and we can run a check on their names.

Every person giving you advise on “investing” must hold the appropriate license.

NEVER confuse PS 146 as a licensed advisor, this is…[Read more]

I agree that there are only 10% good sales people and good business agents in the market.

Today you need to be intelligent to be a good agent.

Commissions are rising because running a business office is expensive just try it and see…[Read more]

No. 1 it does not matter who the presenter is but in my opinion is does matter about representation to the public and this sounds like some of these people have done that, which is sad and if correct a lack of intelligence and poor character.

Years ago I went to a 2 hour free seminar in St Leonard’s in Sydney and the person, who…[Read more]

Wow what a journey you have I am so jealous and would love to join you but family and stuff will not allow.

I have a friend who has a massive business in L.A and I will be spending 8 weeks there this year looking around.

Please keep me posted and the very best of luck to you.

Philip Sigglekow author
LREA Qld, NSW Vic and…[Read more]

I’m with you on this and believe that Penrith and the St Marys area has lots of bargains. These suburbs are old like West Pymble, turramurra, warrawee etc older suburbs also have larger lots that can accommodate duplexes … Look for walk to rail, shops and bus … good luck your thinking is on line …

Philip…[Read more]