Since 2001 | Total Members: 161,643

redwing

  • redwing replied to the topic Muppet i’m Doing the Chan Chan in the forum Forum Frolic 21 years, 11 months ago

    I’m doing..

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

  • redwing replied to the topic Murphy’s Law on RE in the forum Forum Frolic 21 years, 11 months ago

    Real Estate Laws

    *That sweet little girl with the baby that you rented to, will start dating the mad motorcycle man from hell, … and several of his friends, … the very next week.

    *Tenants have at least one relative get sick or die per month, so … they will just have to pay you later.

    *If a tenant attempts to replace the washer in a…[Read more]

  • redwing replied to the topic Trusts/Companies in the forum Help Needed! 21 years, 11 months ago

    tridean..

    Do a ‘search’ on this forum for TRUST’s, there’s a wealth of info that’s been covered many, many, times..

    Also look at Steve’s book Wealth Guardian, and a book called Trust Magic, reportedly 2 of the best..

    PS- Welcome to the forum
    [^]
    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

  • redwing replied to the topic A variation on the penguin game in the forum Forum Frolic 21 years, 11 months ago

    YAY… 840.5 [:D]

    getting better, and sicker..hmm better leave now[}:)]

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

  • redwing replied to the topic A variation on the penguin game in the forum Forum Frolic 21 years, 11 months ago

    [:(][:(][:(] 616.6

    Felt good till i looked at everyones scores !
    oh well, batter up [}:)]

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

  • redwing replied to the topic another penguin game :P in the forum No Subject 21 years, 11 months ago

    94.5 was my best shot..[^]

    Missed a lot of the first ones, then got my ‘eye’ in[}:)]

    “Money is a currency, like electricity and it requires momentum to make it Effective”

  • redwing replied to the topic Coincidence? in the forum Forum Frolic 21 years, 11 months ago

    [:D][:D][:D][:D][:D]

    CHAN$-> [:o)]

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

  • redwing replied to the topic Henry Kaye’s NII Liquidated in the forum Heads Up! 21 years, 11 months ago

    Jaktar

    Hope you take Mel up on her offer, she’s a wealth of knowledge..

    I no nothing about HK apart from what i’ve read in the paper and corrosponding with others, i admire Mel for the fact that even though she’s suffered the financial losses also ,she’s taken the ‘greater-good’ learned out of the courses etc.. and applied them.

    From what i…[Read more]

  • redwing replied to the topic Child Support – Income Issues in the forum Legal & Accounting 21 years, 11 months ago

    Tuppence

    It’s my belief that – gearing will not help you, as the child support is based on ‘gross earnings’, however , remember, + gearing, in your partners name will *increase* his gross income..[V]

    I also ‘don’t’ believe that your income can be counted towards his financial commitments to Child support.
    makes it hard, when you have a child…[Read more]

  • redwing replied to the topic Agent refused to take my bid to owner in the forum Help Needed! 21 years, 11 months ago

    Have a read of Neil Jenmans book “real estate mistakes” very interesting, and this topic comes up several times..

    The agent may have boosted the sellers hopes of achieving a higher price, remember, anything is only ‘worth’ what a buyer is prepared to pay for it..

    Oh, check out jenmans web-site too, always good for info’

    REDWING

    “Money is a…[Read more]

  • redwing replied to the topic Negative Gearing : ( in the forum General Property 21 years, 11 months ago

    Hi All

    Agree with the time in the market comment.

    I’d alway’s liked the axiom “don’t wait to buy real estate, buy real estate and wait”

    Yack, i look at real estate doubling in 10-12 yrs, bought my first IP in 1990 and regret selling it 8 yrs later, knowing what i know now i could’ve and should’ve kept it, and the next…

    I’m glad i fixed my…[Read more]

  • redwing replied to the topic Depreciation on renovated units in the forum No Subject 21 years, 11 months ago

    Richard,

    are you able to expand more on the ‘building write off externally’ comment ??

    Thanks

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

  • redwing replied to the topic What to do ? in the forum General Property 21 years, 11 months ago

    SMTM

    I’m always looking at different properties, my – geared properties now achieving nuetral to positive gearing.

    If i purchase rural propertiy achieving + cash flow i’ll only do so with a potential of some CG in the future, and have put some time into looking at areas of consistent ( albiet in some areas,slow) population growth over the last…[Read more]

  • redwing replied to the topic Twentyfive things you should have learned by now in the forum Forum Frolic 21 years, 11 months ago

    reminds me off..”what do you do if your wife’s staggering around the back yard”??
    “Shoot her again”

    It’s ok, i’m at work.. i’m safe[:X]

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

  • redwing replied to the topic Negative Gearing : ( in the forum General Property 21 years, 11 months ago

    Know what you meen CHAN$

    sooner or later if you want to progress with IP’s you have to seriously look at + cash flow properties, granted you will mainly look at those with some ability for CG ( just makes the search harder, and, more fun )

    or, wait for some CG in your current properties [:D]

    REDWING

    “Money is a currency, like electricity and it…[Read more]

  • redwing replied to the topic check my sums in the forum Help Needed! 21 years, 11 months ago

    Jaffasoft

    Thanks for some of your in-depth responses to some of these posts, it’s allways interesting to look at the ‘numbers’ of a deal..[^]

    Beerboy, do your ‘research on the property and the area, with deals such as this you want to make sure, befdore you jump in, as any unexpected costs ( tenants leave, and low tenant base in the town “or”…[Read more]

  • redwing replied to the topic Negative Gearing : ( in the forum General Property 21 years, 11 months ago

    Originally posted by kay henry:
    I want to be able to feel proud of my purchases- you want 1 picasso, or 1 million pro harts?

    kay henry

    [8D]Picasso just confuses me, i think he was ‘on’ something, Pro-Harts, i wouldn’t mind one seriously as an investment, it’s on my list..

    Hi Kay and Chan$
    [:D]

    Found the article in a library book – “residential…[Read more]

  • redwing replied to the topic No money….no hope? in the forum Help Needed! 21 years, 11 months ago

    Hmmmmmmmmmmmmmmmmm……… I was under the impresion ( maybe mistaken ? ) that a de-facto relationship was classified as 6 months + of dwelling together in a relationship scenario.

    Also if it came to the division of assets it was worked out on a pro-rata type basis of what was put into the deal ( here it gets tricky, as the non-working partner…[Read more]

  • redwing replied to the topic Any suggestions/advice greatly appreciated!!! in the forum Help Needed! 21 years, 11 months ago

    Mustang66

    Speak with one of the mortgage brokers on this forum regarding your options and your ability to incorporate, plus costings involved etc…

    You could always sell, but that’s only 1 option, you could also turn your PPOR into an IP and rents something nice and a bit more manageable yourself, and still use your equity to finance…[Read more]

  • redwing replied to the topic Do it right? in the forum Help Needed! 21 years, 11 months ago

    Originally posted by Terryw:
    Who cares about an 11sec solution when you have tripled the value in 8 months! Welldone.

    Terryw
    Discover Home Loans
    North Sydney
    terry@discoverhomeloans.com.au

    [:D]True words Terry.. there are many alternatives

    CONGRATULATIONS MARTINE

    “Money is a currency, like electricity and it requires momentum to make it Effective”

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