ACA has done stories (or at least, a story) on Steve and his wraps, describing him as a saviour for battlers looking to own their own home, so there you go, it’s not all one way traffic.
If this prop costs 65k, rents for 150, and if your repayments on, say 70k to well and truly cover all your other costs are $102 per week (at 7%), what other costs have you calculated for a week to week basis apart from rates, insurance and management fees? There should be a positive cash flow out of this property unless it’s got massive body…[Read more]
Kay would have seen your post, I edited it after her next post appeared, and yes, you’re right, I overlooked the one that made no sense, so it’s gone too.
I must admit I’ve found a stack of them still around as well… yielding around 9.5 to 10%, decent properties in regional Victorian cities… but we’re not in a position to buy just now… still sorting out some other things like a wedding, but we’ll crank up again early in the New Year, I reckon there will be even more around over…[Read more]
Any chance of divulging the stats of the places you’re buying? In terms of purchase price v rent received? It’s cool if you don’t want to, I’m just curious to know what yield you’re chasing.
isn’t your partner a female? I remember you referring to her a while back when she was away and you were trying to get 3 new loans. What’s her connection to you?
To get some of the good contracts, I suggest a healthy donation (at least 7 figures worth) to George Dubya’s re-election fund… the best contracts are going to go to the Americans.
I’d just like to congratulate richmond. I think he is the best bloke around for being so ruggedly handsome… mysteriously charismatic… physically imposing… and yet, sensitive.
He is a thorough gentleman and should have played for the Tigers if it wasn’t for a knackered hip. He constantly fights off hordes of women, dishing them off to…[Read more]
Yes, this is a site for discussion… on property investing. We’re trying to get it back to what it was designed for. That’s Steve’s right as the owner of the site…
Oh it’s going to burst and leave gooey stuff everywhere…
The sky is falling, the sky is falling…
Just as well I’ve got my swag to live in if it all goes really bad.
Seriously, I think there will be a continued softening of the market as interest rates edge up… going on all the noise the RBA makes about overcommitted households in terms of…[Read more]
I can’t even remember the exact details of it, so sorry, can’t help. Why not just start a new thread? It may have just got mis-placed during the restructuring…
Like I said, I’d send admin an email and ask if it is okay to advertise your spotting services… you might not have broken the rules, but it doesn’t hurt to check with the…[Read more]
Was that the thread where you were offering your services as a spotter? As I’m sure you’d understand, we can’t just have everyone who wants to offer a service for a fee advertising on the forum because it’d get out of control pretty fast.
You’re only a young fella, you shouldn’t hate being single, you should be out lapping it up!! I’m sure I speak for a lot of the attached/married blokes out there (hope soon-to-be mrs richmond doesn’t read this)[]
I’m sure there are single people out and about on this hot Melbourne day enjoying themselves instead of sitting on the bloody computer!! I’m at work so I have an excuse…
I’m getting married two weeks from today, so technically I’m single, but not for long…
Life’s too short to be cynical, get out and have a crack and don’t worry too much about other people’s motives… YOUR motives for doing what YOU do are all that matters. I’m sure Kiyosaki wouldn’t write more books if there wasn’t demand for them, and Steve wouldn’t have done his, and run seminars if there wasn’t a market… so…[Read more]