Since 2001 | Total Members: 161,654

redwing

  • redwing replied to the topic You Can’t be Serious??!!!! in the forum General Property 22 years, 4 months ago

    Di_cam…

    Obviously you earn ‘more’ than the 70k stated then as ‘high income’ [;)]

    as long as you save more than you spend..you’re gaining ground [:0)]

    “The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

  • redwing replied to the topic Tax time for property investment in the forum General Property 22 years, 4 months ago

    craigl

    i’ve posted this before, used them (and was happy) and was suprised to find a few other people i know utilising the services of DEPPRO depreciation Proffessionals…. no, no kickbacks for me, my mum doesn’t work there or anything..

    read a story in the West Australian Newspaper about this girl in her early 20’s who owned about 5 properies…[Read more]

  • redwing replied to the topic Western Australian investor needs help!!!!!!! in the forum No Subject 22 years, 4 months ago

    Look in your own back yard peterhutchy..

    Sound advice i recieved from peterp and others on this site helped me out “a lot”

    If your like me you start to select your “favourites” those whose thinking is along the same lines as your own or whose advice “rings true” to yourself.
    search on the many community and government sites providing economic…[Read more]

  • redwing replied to the topic Research methods in the forum General Property 22 years, 4 months ago

    pinit 2000
    and peterp

    AGREE.. with all your points and love the advice found on this site. Time is a luxury a lot of us don’t have.. but you “reap what you sow” as they say and you have to put the effort in

    Did a search on Steve’s original areas, ballarat and west wendouree (?at work-don’t have the info at my fingertips) and Steve?Dave must be…[Read more]

  • redwing replied to the topic BOOM! in the forum Opinionated! 22 years, 4 months ago

    WayneL,

    not sure but i think that project just got dumped didn’t it.

    I was eagerly looking at Midland/Guildford if it went ahead tooHmmmmmmmmm oh well onwards and upwards

    redwing

    “The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

  • redwing replied to the topic E-nuff Negativity! in the forum Opinionated! 22 years, 4 months ago

    Collie WA topic locked………….okayyyyyyyy ??
    Anway, i’m of the opinion this a place to learn, if others bigger and better can help or advise, so be it.

    check out the total number of people on this site, it’s not like all of australia’s on here.. i applaud those that offer helpfull advice, constructive criticism and even a joke or two… love…[Read more]

  • redwing replied to the topic Collie W Australia in the forum General Property 22 years, 4 months ago

    Judith,

    i checked the area out also…a ‘lot’ for sale. checked with a friend whose sister is there, the area is dependant on the coal mine and power station that he believes comes up for renewal in 2007.

    lot of locals selling,older houses,and approx 100+ people left the area and an agent in the area is promoting positive cash flow properties,…[Read more]

  • redwing replied to the topic I can’t do it therefore…(long) in the forum The Treasure Chest 22 years, 4 months ago

    Hi Steve,

    “Loved” the book ‘very’ motivational, worth it just for that alone, the down to earth stories of yourself and dave finding the properties etc..(rather than a bunch of how-to’s and formulae)made it very easy and enjoyable to read.

    a “refund” guess that depends on your tax bracket come june 30th hmmm [:)]

    ‘wrapping’ looks hard to me.. but…[Read more]

  • redwing replied to the topic Best and Worst in the forum The Treasure Chest 22 years, 4 months ago

    worst- i agree the search capabilities of the forum( it’s rocketing along) be great if when you next log on you were able to pull up topics you had been involved in since last visit, that way check replies, add to forum etc..

    best[black] the “wealth” of information contained within and the willingness of people to share thier experiences and…[Read more]

  • redwing replied to the topic My Son the “MILLIONAIRE” in the forum Forum Frolic 22 years, 4 months ago

    hi all,
    picked up my son (5yrs)from school the other day and on the way home he asked what were we going to do when we got home, i had several suggestions including him helping me get dinner ready, drawing a picture for his ‘poppy’, playing a game (educational-dr suess “maths,coulors,storiesetc” in a fun format) all to which he replied in the…[Read more]

  • redwing replied to the topic ADVICE.. in the forum The Treasure Chest 22 years, 4 months ago

    Suzieq,

    never lived in one, fibro that is, spoke to the agent these properties he estimates are about 80yrs old.
    was thinking of calling western power and seeing when the power was first connected to the property, to give me a better indication.. am i right in thinking no depreciation on property if built before june 1985 ?

    I grew up in Broome…[Read more]

  • redwing replied to the topic Positive Cashflow properties in Western Australia? in the forum The Treasure Chest 22 years, 5 months ago

    i know i sound like a broken record but have a look at Geraldton, greenough even..

    I know people making money up north with all the work that’s going on “burrup” etc… but then again they’ve got the cash to get invest in the first place.. we’ve gotta look at the smaller places and look at the crystal ball.

    i personally like anything near the…[Read more]

  • redwing replied to the topic Experienced WA Investors in the forum The Treasure Chest 22 years, 5 months ago

    peterp,

    Thanks for that i’ll have a browse, you seem keen on the town with the yellow stuff… coober pedy?
    much closer than that isn’t it[:)]

    Anyway.. this site is a wealth of information and food for thought, appreciate your input. going for a drive shortly to get a ‘feel’ for some places i’m interested in.

    Barry
    Perth

    “The man that thinks at…[Read more]

  • redwing replied to the topic Real Deals ? – 11 second rule in the forum The Treasure Chest 22 years, 5 months ago

    Cool…….. great info here guy’s and definetly food for thought, makes me realise even though i’ve found some interesting deals i have to try harder.

    agree with the fact a lot of good deals don’t make the net, know agents who call clients they know are interested in good deals and quick off the mark.. no waiting for the sale! we just got to get…[Read more]

  • redwing replied to the topic postive geared properties? in the forum General Property 22 years, 5 months ago

    guy’s don’t forget to look at the other areas of property (i.e industrial etc.. ) if you can pick something up with a good tenant and a reasonable leasing agreement.. you’re laughing[:0)]

    “The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

  • redwing replied to the topic Posative Cashflow in Western Australia? in the forum No Subject 22 years, 5 months ago

    quote:
    Does anyone know of any good places to find positive cashflow properties in WA[?]

    have a look at investing WA post… some good info there from chris77 and peterp

    also search through the forums..it takes time and they move F..a..s..t but there’s some great information out there
    Barry [:D]

    “The man that thinks at 5o as he did when he was…[Read more]

  • redwing replied to the topic investing WA in the forum Hotch Potch 22 years, 5 months ago

    Found some great links in the sites, thanks

    gee… you log off from this forum and next time you’re on its outa control..takes me ages to catch up and theres a lot of food for thought and great info out there

    [8D] Kewl

    “The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

  • redwing replied to the topic Experienced WA Investors in the forum The Treasure Chest 22 years, 5 months ago

    Chris77,

    just printed off your spreadsheet- so many thanks for that !

    By the way.. great response you got from that.
    i’ve also e-mailed tracey to see what her group is all about, as with you i also work nights it’s 02:36 and i’ve just logged on to catch up after a few days off, so sorry about the delay in responding.
    Thanks for the websites…[Read more]

  • redwing replied to the topic Landlords Insurance WA in the forum The Treasure Chest 22 years, 5 months ago

    Just to jump in..
    i’m using AON as well and no prob’s.. good pricing.
    if i ever have to use it -hope thier worth it (see Steve’s tenants from hell stories)

    “The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”

  • redwing replied to the topic money to live…. in the forum The Treasure Chest 22 years, 5 months ago

    The day i do a budget the”money – takers’ seem to know……. the car will get a flat battery, the bills all seem to arrive etc. it’s the same if you get a raise or a windfall. the money gremlins are out there beware [}:)]

    In all honesty though every time i do a budget i find i can’t afford to live.

    so point 1/ we all get by on what we get by…[Read more]

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redwing

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