PropertyInvesting.com | Rubbachook | Activity https://www.propertyinvesting.com/members/rubbachook/activity/ Activity feed for Rubbachook. Sat, 11 Apr 2026 15:00:02 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 62e1a4e50ffd67ae6aca11f40400f46c Rubbachook replied to the topic This forum dying! in the forum Opinionated! https://www.propertyinvesting.com/topic/4383707-this-forum-dying/#post-4538204 Fri, 06 Jan 2006 04:31:34 +0000 … oh and just to add to the above post, again my impression on re-visiting the forum after some time away is that will certain pages on restricted access and so many sub-forums, the “community” feel is not the same.

I know why the above structure is in place, but when you can’t access certain bits without paying and the barriers to entry are…[Read more]

]]> 9716d0a27c2f12250eb3419d18179b74 Rubbachook replied to the topic This forum dying! in the forum Opinionated! https://www.propertyinvesting.com/topic/4383707-this-forum-dying/#post-4538203 Fri, 06 Jan 2006 04:26:10 +0000 Having been away for a while, I also notice that there is a little less of the nonsense around status stars and posts.

That’s gotta be a good thing. It’s not all about the amount of activity on the forum that matters…

]]> 96045c580d4d2ff49fb1b29090c176eb Rubbachook replied to the topic Mortgage Choice must apologise in the forum Finance https://www.propertyinvesting.com/topic/4374044-mortgage-choice-must-apologise/#post-4476093 Thu, 27 May 2004 02:38:47 +0000 They’re not really “screwed”. This will get lost in all the marketing collateral. The removal of the word “unbiased” will matter little unless you are comparing one ad to the other.

The advisor will still use the spiel in words to explain that really nothing has changed blah blah blah in the event someone asks.

]]> b97cd499c59c5cf492cf324e680f945a Rubbachook replied to the topic Forum visitors in decline in the forum General Property https://www.propertyinvesting.com/topic/4373800-forum-visitors-in-decline/page/3/#post-4474357 Tue, 25 May 2004 04:25:18 +0000 If you have achieved what you had set out to do, well done, Chan. The word “rude”, you will notice, was Leigh’s – not mine.

Leigh, thanks for the moral guidance, but my conscience is clean.

It is curious that you both found this topic so sensitive.

Oh, and Chan, there is no need to spout cliche’s like “wake up”. I’m more than happy for you to…[Read more]

]]> 39f62a72c4108ccdfbe0c90f2e714f9c Rubbachook replied to the topic Forum visitors in decline in the forum General Property https://www.propertyinvesting.com/topic/4373800-forum-visitors-in-decline/page/3/#post-4474354 Mon, 24 May 2004 02:35:21 +0000 Some people above say that they’ve achieved their property goals and now are moving on to shares to kick some more.

Really?

All of a sudden you’ve acheived them?

Sounds a bit like someone having no goals in the first place and blowin’ in the economic wind…

]]> 6a928dcfc23d5b0ab9da99bd70e87865 Rubbachook replied to the topic Very quiet today! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372417-very-quiet-today/page/2/#post-4464200 Wed, 31 Mar 2004 05:32:10 +0000 Chan, are you sure you’re from NSW?

No self respecting NSWelshman would suggest the need to clarify “rugby” as “rugby union”. This is something I’d expect a Victorian to say.

]]> 384329602fe1b715693c8491831c24bd Rubbachook replied to the topic 0 to 130 properties book $20 at Myer Sydney in the forum Heads Up! https://www.propertyinvesting.com/topic/4371739-0-to-130-properties-book-20-at-myer-sydney/#post-4458531 Wed, 31 Mar 2004 05:24:03 +0000 Yack, I think rugbyfan is on the money.

This book has been sitting on the shelf for a while…

]]> 4e1e6f2e5fad87b6c4af7cf3ffa58637 Rubbachook replied to the topic History! in the forum No Subject https://www.propertyinvesting.com/topic/4372472-history/#post-4464644 Wed, 31 Mar 2004 03:57:08 +0000 …and John Kerry’s initials are JFK AND both of them are male.

]]> e3350e820409cc163aff55fae36add4e Rubbachook replied to the topic Investment TERMITES! in the forum General Property https://www.propertyinvesting.com/topic/4372462-investment-termites/page/2/#post-4464566 Wed, 31 Mar 2004 03:55:08 +0000 Russ, $250K-ish is a low price for Sydney these days, regardless of where the house is located.

Kay – Mt Druitt = The sticks? [lmao] It’s practically inner city from where I sit. (Figuratively speaking).

]]> 2d94137a3b7ab0e6871c846b46c6ae8b Rubbachook replied to the topic Positive CashFlow in Retirement Village. in the forum General Property https://www.propertyinvesting.com/topic/4372447-positive-cashflow-in-retirement-village/#post-4464438 Wed, 31 Mar 2004 03:50:25 +0000 You gotta have a smooth exit strategy, and I would be very nervous about buying something that takes 12 months+ to sell.

]]> a2b867034f72a685624987486407e96a Rubbachook replied to the topic Should we use equity for IP? in the forum Help Needed! https://www.propertyinvesting.com/topic/4372473-should-we-use-equity-for-ip/#post-4464646 Wed, 31 Mar 2004 03:48:13 +0000 Yes, banks consider rental income as income in calculating loan serviceability.

]]> 9bee70bf205737dd5a882838de4aad6f Rubbachook replied to the topic Why in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372469-why-2/#post-4464638 Wed, 31 Mar 2004 03:46:44 +0000 se7en, I remember being in NZ a little while ago and it seemed to be de rigeur to say “dub dub dub” when advertising a website.

e.g. “Call us now on 1300 123 456 or go to dub dub dub propertyinvesting dot com”.

Saves six syllables at least!

]]> 3b42859f2b2d7cf064472a49d1fb331a Rubbachook replied to the topic family equity mortages - today tonight in the forum General Property https://www.propertyinvesting.com/topic/4372461-family-equity-mortages-today-tonight/#post-4464525 Wed, 31 Mar 2004 03:42:47 +0000 Today Tonight really have been playing the spoiler / negative card in the last month or two.

What’s the next tier down from gutter journalism?

Reality TV?

]]> 43b05e15df845ed5d7ded0f13d7ea180 Rubbachook replied to the topic Easter pressies to tenants? in the forum General Property https://www.propertyinvesting.com/topic/4372476-easter-pressies-to-tenants/#post-4464675 Wed, 31 Mar 2004 03:38:18 +0000 You may be better giving pressies to the property manager… I know Steve mentioned it in the book, but for me it depends on whose relationship you value most.

]]> 6fb066ae32dcf134ed533c556c932494 Rubbachook replied to the topic Capitalised Interest in the forum General Property https://www.propertyinvesting.com/topic/4372458-capitalised-interest/#post-4464477 Tue, 30 Mar 2004 08:21:45 +0000 This is being tested in court. Two things make this risky in my mind:

1. You fall further and further behind in a flat market
2. It has not been heavily promoted by major financial institutions in an extremely aggressive credit environment. That this has been avoided by the majors has to be indicative of it’s longevity as a strategy, in my mind.

]]> 9a73b42f980caa9d68df307213796f58 Rubbachook replied to the topic Choose your Sweets ! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372438-choose-your-sweets/#post-4464383 Tue, 30 Mar 2004 06:18:14 +0000 I think that as well as sugar, you must be overdosing on smilies today, Celivia!

]]> e3388e6a8aabc4fcb82772271f047ce3 Rubbachook replied to the topic Very quiet today! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372417-very-quiet-today/#post-4464183 Tue, 30 Mar 2004 06:17:07 +0000 Chan – the trouble with running away from me is that I won’t be able to tell you apart from everyone else!

]]> 4cdcea4dacfff6fedd31759f0c0f818d Rubbachook replied to the topic New NSW Auction Law. in the forum General Property https://www.propertyinvesting.com/topic/4372453-new-nsw-auction-law/#post-4464457 Tue, 30 Mar 2004 06:14:04 +0000 This changed in NSW and Vic (other states) last year. The Mexicans have been screaming about it (and it’s restrictions on dummy bidding etc) ever since…

]]> f54f4d225616f104fba0246a87417477 Rubbachook replied to the topic Southbank, Melbourne in the forum General Property https://www.propertyinvesting.com/topic/4372435-southbank-melbourne/#post-4464371 Tue, 30 Mar 2004 04:31:01 +0000 Thanks, Bec for the explaining literal interpretation of the word “guy”.

Perhaps, as you’re in the UK, you could explain the literal meaning of pork, hump, root or shag as I think I might have be misuing these words…

]]> 29c9c9b8ac20f081335bea5b197090fd Rubbachook replied to the topic Very quiet today! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372417-very-quiet-today/#post-4464180 Tue, 30 Mar 2004 04:27:24 +0000 Chan, yeah the avatar is pretty close. If you’re walking down the street and see someone who looks like that avatar, it’s probably me.

]]> 3e98cde76721d1d438f5aba339ab0202 Rubbachook replied to the topic what would you do with the money? in the forum General Property https://www.propertyinvesting.com/topic/4372419-what-would-you-do-with-the-money/page/2/#post-4464231 Tue, 30 Mar 2004 04:26:01 +0000 The “people” in OPM is a metaphor for any other source of money. I’m comfortable with OIM – Other Institution’s or Other Investor’s Money.

]]> d36a8bad336d71674740e0021947748c Rubbachook replied to the topic Positive Gearers vs Negative Gearers in the forum General Property https://www.propertyinvesting.com/topic/4372135-positive-gearers-vs-negative-gearers/page/3/#post-4461708 Tue, 30 Mar 2004 03:44:46 +0000 If you had a new Sydney version, the stations would be Central, Town Hall, Wynyard and Circular Quay (they’re the busiest four in the CBD).

But this would need to change every couple of laps of the board as they would move out of timetable order. (Apologies for any inconvenience caused). The Town Hall “square” on the board would need to be very…[Read more]

]]> 13579381b9e7b4e46d952bc52b73509a Rubbachook replied to the topic what would you do with the money? in the forum General Property https://www.propertyinvesting.com/topic/4372419-what-would-you-do-with-the-money/#post-4464229 Tue, 30 Mar 2004 03:36:09 +0000 Sometimes this forum genuinely surprises me with the diversity of approaches and ethics.

Any time I have owed parent / friend / sibling money it always always gets repaid before anything else (except a base mortgage on the PPOR – but this has never been in trouble).

My philosophy is that opportunities come and go but relationships are guaranteed…[Read more]

]]> 15b2a614dc9b52f351a00eff27984eee Rubbachook replied to the topic Very quiet today! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372417-very-quiet-today/#post-4464178 Tue, 30 Mar 2004 03:23:38 +0000 But the women love it.

(It’s a secret, so don’t tell anyone, but the third tooth from the right on the bottom is actually porcelain).

My question to you – where can I get some ACME bird seed in bulk?

]]> e12c7faeff27daf52d824d0de9401436 Rubbachook replied to the topic What do you guys suggest re renting out or selling in the forum Help Needed! https://www.propertyinvesting.com/topic/4372415-what-do-you-guys-suggest-re-renting-out-or-selling/#post-4464166 Tue, 30 Mar 2004 02:11:59 +0000 If you want to head down the IP route, then listen to the advice above.

If it were me, the question I would first ask is around the “sleep at night” factor. If you are not comfortable being on one income with a larger mortgage than you have then you would be better off selling your current place.

Re your original question, I would still be…[Read more]

]]> 6f70d92e7524bc70f1b3356824517310 Rubbachook replied to the topic Choose your Sweets ! in the forum No Subject https://www.propertyinvesting.com/topic/4372438-choose-your-sweets/#post-4464379 Tue, 30 Mar 2004 00:07:37 +0000 I was Choc on Choc because Lemon Sherberts were not there.

]]> ccdeeb93b103c67e753791ddf0127dfa Rubbachook replied to the topic SEMINAR FOR GIRLS ONLY? in the forum No Subject https://www.propertyinvesting.com/topic/4372436-seminar-for-girls-only/#post-4464376 Tue, 30 Mar 2004 00:05:20 +0000 No, but there is a magazine showing women how to scratch their a*se with authenticity just so they can be like men.

Honestly, why is so much effort spent in splitting hairs (no pun intended with the above para)?

]]> fab8d416f80ccd5ce39c73be1817a9f5 Rubbachook replied to the topic Very quiet today! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372417-very-quiet-today/#post-4464176 Mon, 29 Mar 2004 23:52:22 +0000 I noticed it was very dull yesterday too.

]]> 6f31531d6db68d0e80438cbf3bc54e0c Rubbachook replied to the topic Margaret Lomas in the forum No Subject https://www.propertyinvesting.com/topic/4372328-margaret-lomas-3/page/2/#post-4463333 Mon, 29 Mar 2004 07:44:49 +0000 Depreciation reduces taxable income. The nett effect of this is that, yes, the dollar benefits are higher if you are in a higher tax bracket.

Sya you had an IP like this:

Interest $10,000
Rent $11,000

Taxable income = $1,000
Tax (at top bracket) = $500 (roughly)

But if depreciation = $500

Taxable Income = $500
Tax (at top bracket) =…[Read more]

]]> 1e867f258b07eb0ea3e3c0985a91e657 Rubbachook replied to the topic "domino theory" in the forum No Subject https://www.propertyinvesting.com/topic/4372348-domino-theory/page/4/#post-4463691 Mon, 29 Mar 2004 04:11:14 +0000 You mean all this time I should have been making up names to describe the most basic of tactics?

]]> c2322f8b2834f4d2a930431284e45d05 Rubbachook replied to the topic What I Didnt Learn at School, But Wished i Had? in the forum Opinionated! https://www.propertyinvesting.com/topic/4372370-what-i-didnt-learn-at-school-but-wished-i-had/#post-4463907 Mon, 29 Mar 2004 04:00:06 +0000 That ethics are not required to get ahead.

(Not that I subscribe to this, but in school the good guy usually won in the end).

]]> 020ca93a5bfc5b0c8609f56820312fe0 Rubbachook replied to the topic Who subscribes to API Magazine? in the forum General Property https://www.propertyinvesting.com/topic/4372337-who-subscribes-to-api-magazine/page/3/#post-4463520 Mon, 29 Mar 2004 03:56:35 +0000 I’ve no doubt that many people find these case studies great – I assume that that’s why they’re there!

]]> 76a82855a7b34a108fdbeec158c40fe2 Rubbachook replied to the topic Country properties! in the forum No Subject https://www.propertyinvesting.com/topic/4372395-country-properties-2/#post-4464024 Mon, 29 Mar 2004 03:50:58 +0000 Originally posted by yack:
And all these people expousing ‘Sight unseen’ is ok if the figures add up. Not in my view.

Even the most blase of commentary I’ve seen on this forum has said that “sight unseen” may be fine IF other forms of research are complimentary.

Numbers stacking up is but a part of this supporting information.

]]> 9d9b60ae750740a9b50b75bf1505db36 Rubbachook replied to the topic What's most important 2 U in life??? in the forum Opinionated! https://www.propertyinvesting.com/topic/4372356-whats-most-important-2-u-in-life/#post-4463758 Mon, 29 Mar 2004 02:23:37 +0000 1. Kids
2. Wife / martial happiness
3. Work satisfaction
4. Parramatta Eels

]]> 4aa47c2082d0aa2a8737ddf066f7c9bc Rubbachook replied to the topic wrap my parents ?? :) in the forum Hotch Potch https://www.propertyinvesting.com/topic/4372355-wrap-my-parents/#post-4463740 Mon, 29 Mar 2004 02:21:40 +0000 “Don’t work with family” is not a cliche that came from nowhere.

]]> 9be564361a01cbf1f715c309f0295ed5 Rubbachook replied to the topic defacto relationships in the forum No Subject https://www.propertyinvesting.com/topic/4372369-defacto-relationships/#post-4463891 Mon, 29 Mar 2004 02:19:24 +0000 Just go and get married. It would make the Pope much happier than to have all this secular heathen running around owning all the property in God’s Own Country.

[evil4]

]]> 7432429f11d86c8e899782bfab0dced3 Rubbachook replied to the topic Margaret Lomas in the forum No Subject https://www.propertyinvesting.com/topic/4372328-margaret-lomas-3/page/2/#post-4463327 Mon, 29 Mar 2004 02:17:10 +0000 “130 Properties” is an indicator of activity and is a great selling point.

But I don’t read quantity as the key KPI for success.

]]> 9cec3fae3015fb34da8c2f0ea794c08f Rubbachook replied to the topic Margaret Lomas in the forum Heads Up! https://www.propertyinvesting.com/topic/4372365-margaret-lomas-4/#post-4463873 Mon, 29 Mar 2004 02:13:06 +0000 Margaret has been discussed many times. In answer to your question: I think she speaks sense.

Though, to see what everyone else thinks, do a forum search using her name.

]]> 7afea17f4a01f269e34285a3ae706e1d Rubbachook replied to the topic Posting for the sake of it in the forum Opinionated! https://www.propertyinvesting.com/topic/4372364-posting-for-the-sake-of-it/#post-4463869 Mon, 29 Mar 2004 02:11:47 +0000 As long as Chan keeps to the frolic, then fine. But CD is right where people reply with something as insightful as a smilie or a single word answer.

]]> 9f3945348e145166a69d5c3292454e43 Rubbachook replied to the topic Residex in the forum No Subject https://www.propertyinvesting.com/topic/4372169-residex/#post-4461997 Mon, 29 Mar 2004 02:07:25 +0000 I’ve bought a few reports. Good information. I use it more to verify my research. Remember that the info is historical – but it is usually the best you will get en masse.

]]> 1089db55efd07f7023c4b6d781e11fca Rubbachook replied to the topic Who subscribes to API Magazine? in the forum No Subject https://www.propertyinvesting.com/topic/4372337-who-subscribes-to-api-magazine/page/2/#post-4463518 Mon, 29 Mar 2004 02:02:27 +0000 I buy it from the newsstand for the stats, mainly. I guess it’s also good for the “pep talk” factor, but serial case studies (the bulk of the articles) do little for me.

]]> c553b2cef37ab8f653ca7bb78be75750 Rubbachook replied to the topic CROSS COLLATERALISATION??? in the forum General Property https://www.propertyinvesting.com/topic/4372407-cross-collateralisation/#post-4464108 Mon, 29 Mar 2004 01:58:08 +0000 It’s been a while since I read the book, but I think Steve’s logic centres around flexibility to be able to dispose of properties when it is appropriate to do so.

]]> 178a90c25730aeca04b59648309d29ca Rubbachook replied to the topic Survey in the forum General Property https://www.propertyinvesting.com/topic/4372312-survey/#post-4463144 Thu, 25 Mar 2004 06:18:16 +0000 Just a couple in good spots – are +CF.

]]> a173e6fe6ed6c492c5bb1331fbbd1249 Rubbachook replied to the topic Your Portfolio & Net Worth? in the forum General Property https://www.propertyinvesting.com/topic/4372319-your-portfolio-net-worth/#post-4463247 Thu, 25 Mar 2004 06:13:50 +0000 You know what, Chan$, I don’t think I will be giving an honest answer to this one.

]]> 2df213599f1253aeaa28693ece29408a Rubbachook replied to the topic Some Replies disapearing? in the forum Site Problems / Feedback https://www.propertyinvesting.com/topic/4372314-some-replies-disapearing/#post-4463148 Thu, 25 Mar 2004 06:11:13 +0000 Don’t play peacemaker! It would be too boring!

]]> bebd675ccdeed468b77e18c2acb444d7 Rubbachook replied to the topic Pisces - A belated happy birthday! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372276-pisces-a-belated-happy-birthday/#post-4462924 Wed, 24 Mar 2004 02:54:24 +0000 Very good call, Chan$. I never thought I would say that. Touche.

]]> 680477a593620852151418f7090d9cfb Rubbachook replied to the topic Boy eats own foot in fridge!!! in the forum Finance https://www.propertyinvesting.com/topic/4372249-boy-eats-own-foot-in-fridge/#post-4462682 Wed, 24 Mar 2004 02:51:51 +0000 Thanks, Celivia. Someone finally says what I’ve been keeping on ice for so long.

]]> ffd5b04fa2a1409cb662a0a60512f9a9 Rubbachook replied to the topic Chan$ - Exposed! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372254-chan-exposed/#post-4462732 Wed, 24 Mar 2004 02:49:39 +0000 Thanks for clearing that up, Chan. I just didn’t think you could be so profound twice in one day!

]]> 0d516fb052bc1e5a401ffff211126d67 Rubbachook replied to the topic Boy eats own foot in fridge!!! in the forum Finance https://www.propertyinvesting.com/topic/4372249-boy-eats-own-foot-in-fridge/#post-4462680 Wed, 24 Mar 2004 00:16:00 +0000 Pisces will be very disappointed that the subject header was just a ruse!

]]> c0e1b04c1594f1116aa9e58225e00d26 Rubbachook replied to the topic Quick Question in the forum General Property https://www.propertyinvesting.com/topic/4372238-quick-question-3/#post-4462593 Wed, 24 Mar 2004 00:13:50 +0000 I subscribe to the theory that minimises the eggs in one basket. Technology (and cheap flights) make proximity to home a non-issue for me.

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