Davo,

Massive capital gain in 2 weeks? What % are we talking?

Cheers
r

In Qld, I put $200 deposit down on 4 properties (that’s $200 for each property) and didn’t cough up the remainder of the 10% until settlement… the 10 or 20% issue is for the banks to worry about, not the agent… why let it sit in their trust account when you can still put it to good use in an offset facility or something?
r

and by people continually responding to bill and mini related threads, the “nonsense” is perpetuated….

hang on, now I’m guilty of it too… []

note to self: no more posts from richmond re: bill and/or mini

r [8D]

I agree with melbear, it’s worthwhile to smell the roses along the way with a bit of a reward here and there…

cheers
r

depends mr collins…

what economic figures can you give me for innisfail? what’s the main industries? demographic trends etc etc etc…

do your research into the area as much as you can.

Cheers
r

dunno cos I didn’t buy in flood…

You could get yields of 12% or more for decent places in Rocky only 6 months ago… are you talking up Rocky cos you’ve just bought there alwayslearning?

r

Cos in the UK (and US) interest rates are at record lows (like here), prices have been on a five year boom (like here), and there’s been an increasing amount of people taking on massive levels of debt to get into IPs (like here) (at least from some of the stuff I’ve read)

cheers
r

alwayslearning… I just deleted a thread started by you that was advertising for money partners to do some things in Rockhampton… sorry, that’s not allowed according to my interpretation of the site rules…

Also, you say you’ve bought 11 properties in Rocky, yet you say you appreciate the stats matt provided, and that more would be…[Read more]

c’mon,

155 views and 6 replies for a relatively fresh thread? Answer these questions honestly, and don’t be shy… if it’s not beneficial to yourself, it might at least be beneficial to someone else… I’d hate to think a lot of people are investing without THINKING!!! A few of you “oldbies” why not give the “newbies” a bit of insight into your…[Read more]

well played mate, raise your bat… my email’s jaldridge@nine.com.au drop me a line.

r

Hey Matt,

Don’t mean to be a pain in the butt, but a guy called AD did this to me when I started here, and it was very helpful… If you can tell me population trends, industry trends, rental vacancies, other stats etc etc to give me an idea of research you’ve done, then I might help you out.

Cheers
r

Hi guys,

I wasn’t going to contribute again to this thread, but hey, can’t help myself. I think Phil’s point underscores another of mine, which is that life is not all about choice (ie divorce, maintenance payments etc)… sometimes things get thrust upon you that you can’t do anything about… how you deal with them from there of course, is a…[Read more]

ok, I’ll start…

1) What was the prime motivating event in your life that created a focus on the need to invest?

My rapidly approaching marriage… even though I’d always been very conscious of financial needs and planning for the future, the prospect of having kids makes it even more important, because I want to pass something on to them, and…[Read more]

Lillian’s okay, but there are better ones. I found that Lillian really tried to force properties onto me that I wasn’t interested in.

Paul Markwell from Ray Hoopers is the best by a mile. Logan Brown from Baxter’s is good too. Frank Brady deals with more 11 sec type properties than anyone (on the south side) while Ken Limpus from Allenstown…[Read more]

Hi Dovie,

Someone once said of property that the opportunity of a lifetime comes around once a month if you know where to look…

Don’t worry about “snoozing and losing”… in about 18 months or so or even 2 years, there should be quite a few good deals around. In the meantime, you could keep building equity in your home by saving really…[Read more]

it’s “grief”… you asked…

r []

Hi Dovie…

As with everything, this is just an opinion…

Why do you feel the need to get started ASAP? I wouldn’t rush to get in unless you’ve done all your homework. Have you researched areas? Identified population trends? Do you know where positive cashflow properties exist? Do you know areas where industry is booming or looking shaky?
How…[Read more]

That’s 21 words Bill, so sorry, can’t count your answer… hehehe

[]
r

No worries Monkey Magic…

ps and this isn’t directed necessarily at Monkey Magic or kkowalsk, but why do people worry about what other people are earning for doing whatever? I tend to just focus on what I’m doing, because I don’t know their circumstances, how they got to be wherever they are, or anything like that… Waste of energy I…[Read more]