[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

April 2, 2004 - 1:52 am

Im still looking for one in Melbourne…. anyone?
Ive interviewed about 4 but still ot found what Im after.

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 18, 2003 - 7:55 am

Thanks for the replies guys,

interesting that they give you so long before they want their house back![}]

hopefully the above is info we’ll all never have to use!

Cheers,

Riff[][8D][]

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 16, 2003 - 1:12 pm

I didnt have too much to do with bill but he did reply to the emails I sent him and I appreciate that. And his posts here were often very informative…

Looking back on it I dont even know how it came to him leaving and all the tension that was on the forum at the time…

Speaking for myself though… when Im retired and a millionare from whatever venture I explore I will generously give of my experience and opinion to thise that ask.

Just like in this forum.

I have learnt a lot from people who have one more property than me, 20 more, 130 more [] or just a different perspective.

I look forward to the day when I can help others who want to know more. Its one of my 3 motivations to wanting abundant wealth.

[]

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 16, 2003 - 12:52 pm

me too me too!!!!!!!!!!

[:0)][]….[]

[]

[email protected]

[^]

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 16, 2003 - 12:45 pm

Can I claim tax for not being able to spell!?

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 16, 2003 - 12:43 pm

Well… everyone is looking at this from an anual perspective… so Im thinking there is a value to doing this?!

Here goes…

Purchased at $125,000.00
Still Owe Bank $114,000.00
Valued in November $220,000.00

Repayments

---

$184 x 52 = $9,568.00
Prop Manager — $16.50 x 52 = $858.00
Rates

---

$306 x 4 = $1,224.00
B/Corp.

---

$215 x 4 = $860.00
Land Lords Insurence

---

= $235.00

Total Anual Cost

---

= $12,745.00
Rental Income —- $220 x 52 = $11,440.00
Balance

---

= -$1,305.00

[]-$1,305.00[]

I dont know about depreciation etc… how do I calculate that? what can I claim and how?

Could depretiation save me!?![]

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 15, 2003 - 10:42 am

please reply… anyone![]

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 15, 2003 - 10:21 am

Im a bit cautious about going to too many seminars, but I read like a maniac.

Reason is I think it is important to find a strategy that suits you and stick to it. Not chop and change whenever the new flavor comes out.

I am building a booklet of prefered strategies to use for a reference when markets change so that I build consitent results into my strategy for long term wealth…

At the moment it looks something like this…

Property investing:
In a booming market I use…
In a level market I use…
In a falling market I use…

Share Trading
In a booming market I use…
In a level market I use…
In a falling market I use…

Business etc.
(havent tried this yet so not sure!!!) Maybe in the new year!

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 15, 2003 - 9:52 am

People in Melbourne concerned about this please contact me.

Being 25 I am young enough to see how little I knew about money when I was in School, and also how much more I would have acheived in the past 5-10 years if I had a different education.

Im currently taking action on this as one of my long term goals is to improve the financial education of school leavers, but i honestly believe that the sooner you start the better.

If you are in melbourne and concerned about this contact me and I will let you know what I am putting together.

Cheers,

Steve.
[email protected] (not active between 20/12/03 and 06/01/04)
and also [email protected] (always active)

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 15, 2003 - 9:43 am

what if one of your parents changed their name to your brothers name?

… sorry… Im not helping am I…..

[]
riff

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 15, 2003 - 9:37 am

P.S. [email protected]

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 15, 2003 - 9:37 am

Hi Johnno – Im interested,

where were you thinking? I live in St Kilda

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 14, 2003 - 11:52 pm

Advanced Hair – YEAH YEAH!

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 13, 2003 - 3:01 am

The second last landlord has got nothing to gain by telling you lies and you will be therefore betold the true facts if the tenant is a no-good son of a bitch.

Cheers,

LOL – you tell ’em peter!

My question is – Why not ditch the Agent!!! Tell them that their service has been poor, they have failed to supply the correct documentation as required by law and therefore the management contract is null and void.

I’d even suggest claiming any expenses from them (in the form of a bill – with a due date etc) caused by their poor handling of the situation just to show them your deadly serious about it.

Chances are that you wont get any money but it will sure as hell make them understand that you are p*ssed off.

Address all corespondence to the principal of the agency – deal only with the principal. The other agents may not even hold an agents licence and therefore not fully understand their legal obligations.

If you live close enough to the IP manage it yourself for a while untill you find a good agent.

Cheers,
Riff

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 13, 2003 - 1:56 am

What if you set up a credit card account in NZ, have all the IP income put in the trust account. Spend in Australia off the NZ credit card and clear the debt with the income from the trust.

Would that change anything?

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 13, 2003 - 12:16 am

Hi Allan,

Where are you thinking of moving to? How soon?
Do you have a relative that could hold the title of the IP? so you fund it and everything but it is not in your name? (therefore you keep livinh where you are but dont loose any grants/assistance)

Alternatively do you know of anyone else who is looking to buy? If you have a friend who is also interested in buying an IP you could both buy each others IP and rent them of each other – this way you have an IP and a friend for a land lord. Your friend lives in your IP you live in theirs. Caution here tho because one of you might want to move or want out and the other might not be happy with that – it is important to have this drawn up on paper so you can both refer to your obligations etc if a split seems likely.

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 12, 2003 - 9:33 am

Steve M,

How can I contact you?!

I relise you may or may not be busy and may not wish to expose yourself however I would like to meet you. You have inspired me and taught me a lot. The least I can do is buy you a beer or a lunch. I have already bought all your other stuff! []

Cheers
Steve Eagle

[email protected]

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 8, 2003 - 8:02 am

Im also keen to have a look!

Cheers,
Steve
[email protected]

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 4, 2003 - 9:03 am

MINI…. MINI…. OVER HERE!!!!

Pick me pick me!!!![:0)]

Would like to have a look at whats the agent has!

Thanks a buch for letting us look into your investing contacts – You can learn an amazing amout through this kind of interaction – PRICELESS!!!

Thanks again[]

What the mind of man can conceive and believe, it can achieve.

[riffraffMember@riffraffJoin Date: 2003Post Count: 68]

December 3, 2003 - 10:23 am

[8D]on chapel street in St Kilda Melbourne[8D]

very bad for the expense account…[]

does teach you control though[]

What the mind of man can conceive and believe, it can achieve.