PropertyInvesting.com | setmefree | Activity https://www.propertyinvesting.com/members/setmefree/activity/ Activity feed for setmefree. Sat, 11 Apr 2026 23:19:27 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c50a22a0da64b43e3408d6a411474fe2 setmefree replied to the topic fair offer for retail shop in the forum No Subject https://www.propertyinvesting.com/topic/4378848-fair-offer-for-retail-shop/#post-4507273 Wed, 23 Feb 2005 09:21:44 +0000 thanks Jeff. The problem is I don’t have a particular area in mind and wherever (all over Oz) there is a shop for sale then I have to decide how much I offer and found it very hard to get any useful info or sales data for commercials.

]]> 3057cbf17e1c979ce88b80f1b263bb8b setmefree replied to the topic life choice after freedom in the forum General Property https://www.propertyinvesting.com/topic/4378226-life-choice-after-freedom/#post-4503671 Mon, 24 Jan 2005 08:55:24 +0000 Thanks Jo & Kwilko for sharing a bit of insight on
life on the other side of the hill. I always imagine life will be much more enjoyable after gaining financial independence as I am not forced to do something that I don’t enjoy. It will be good if we can hear stories from other people
as well.

]]> d17ef92c568cf9c3bde11396dda4e7f2 setmefree replied to the topic Are IPs in trust completely safe ? in the forum No Subject https://www.propertyinvesting.com/topic/4375620-are-ips-in-trust-completely-safe/#post-4487398 Mon, 23 Aug 2004 07:33:42 +0000 thank you very much Terryw, but is there a different CRAA in NZ ?

]]> 57e4a0d15be343b5478fcc62709d9a11 setmefree replied to the topic Tasmanian Health ?? in the forum General Property https://www.propertyinvesting.com/topic/4375611-tasmanian-health/#post-4487376 Sat, 21 Aug 2004 18:44:05 +0000 The situation in Tasmania is a paradox. Ppl are cashing in and moving sth as its cheaper to retire. It has been described by commentators as our version of Florida (a much colder version ).

sorry to ask a dumb question, what are ppl ? pensioners ?

]]> fa129f046fda47e03562d9395ab42f24 setmefree replied to the topic Is Jenman a @#$%^% ??? in the forum Opinionated! https://www.propertyinvesting.com/topic/4374705-is-jenman-a/page/2/#post-4480863 Sun, 08 Aug 2004 06:13:12 +0000 I don’t know what Jenman stands for. But I admire the man for his courage to stand up against the Real Estate industry in this country which leave a lot to be desired. Many agents are not the most loved members of the community !

]]> a8b0db8afbf028692ebed378bbbf14a6 setmefree replied to the topic Today Not Tomorrow Institute in the forum Heads Up! https://www.propertyinvesting.com/topic/4375316-today-not-tomorrow-institute/#post-4485376 Sun, 08 Aug 2004 04:58:29 +0000 I have been to their seminar. Would not waste my time with them. What a load of $%^+&&^. Especially this fairly tale that he is revealing for free the secret to get rich because he had promised his mentor ! A lot of fancy slides of luxury yachts and mansions but I don’t think he has any substance, except to enrich himself from all the seminar fees…[Read more]

]]> f27780869983eb066f945abd54ac828c setmefree replied to the topic Asbestos Warning for Renovators in the forum General Property https://www.propertyinvesting.com/topic/4375302-asbestos-warning-for-renovators/#post-4485230 Sun, 08 Aug 2004 03:50:00 +0000 thanks bbruham.

]]> a8641c72e7279c63eb4ad0b0b3965854 setmefree replied to the topic A few forum changes in the forum No Subject https://www.propertyinvesting.com/topic/4375160-a-few-forum-changes/#post-4484083 Thu, 05 Aug 2004 17:21:07 +0000 Steve,
While you are there – is it possible to display the State of the forumite in the reply as sometimes it helps to know where he/she is coming from.

]]> a4a0401bb61a58ad1c9c593b81368867 setmefree replied to the topic Asbestos Warning for Renovators in the forum General Property https://www.propertyinvesting.com/topic/4375302-asbestos-warning-for-renovators/#post-4485226 Thu, 05 Aug 2004 16:52:05 +0000 Can you tell just by looking if something contains asbestos ? I was told by a building inspector only a proper testing can confirm.

]]> 26768077ab44399adae840bf5c5bc4e4 setmefree replied to the topic creative suggestions to keep tenants "honest" in the forum General Property https://www.propertyinvesting.com/topic/4375324-creative-suggestions-to-keep-tenants-honest/#post-4485420 Thu, 05 Aug 2004 16:28:08 +0000 I am sure misty said this with tongue firmly in her cheeks. But for me I treat my tenants (they are mostly families) like my own, if something is not good enough for me is not good enough for them. I am providing a shelter service to people who due to circumstances unable to live in their own home. If I have no trust in a prospective tenant then I…[Read more]

]]> 002bcf846c7b660b604306492dce5a7d setmefree replied to the topic Who is a great accountant in Melbourne? in the forum Help Needed! https://www.propertyinvesting.com/topic/4375202-who-is-a-great-accountant-in-melbourne/#post-4484478 Fri, 30 Jul 2004 18:03:31 +0000 thanks Wilandel. Do you have his full name and contact details like phone number or email address ?

]]> cc44e7be92eb35920c451e27ed85b5db setmefree replied to the topic Who is a great accountant in Melbourne? in the forum Help Needed! https://www.propertyinvesting.com/topic/4375202-who-is-a-great-accountant-in-melbourne/#post-4484473 Wed, 28 Jul 2004 21:35:11 +0000 Anyone know Mark the accountant in the MasterClass last Sunday ?

]]> 77067cded8b7961e4036086f7f8a9810 setmefree replied to the topic Has anyone received e-mail like this? in the forum Help Needed! https://www.propertyinvesting.com/topic/4375109-has-anyone-received-e-mail-like-this/#post-4483715 Fri, 23 Jul 2004 18:16:47 +0000 These kind of scams obviously work. There is a sucker born everyday. Sometimes I just wondering how some people are so naive !! Just look at all the american TV religious programs : praise the lord, and give me a dollar.

]]> 27db0e73f397d453323e65327514c4ee setmefree replied to the topic Cash flow + property -- who needs it??? in the forum General Property https://www.propertyinvesting.com/topic/4374961-cash-flow-property-who-needs-it/#post-4482435 Mon, 12 Jul 2004 20:30:59 +0000 Helen, if the rental is 5K a month, 60K a year, why would the property neg geared ?

]]> 55fe2ce36a9a14d8df3639b6829aafcd setmefree replied to the topic Anyone had/have any rural "lemons"?? in the forum General Property https://www.propertyinvesting.com/topic/4374918-anyone-hadhave-any-rural-lemons/#post-4482140 Mon, 12 Jul 2004 19:09:24 +0000 I think it is too much of a gamble to buy an IP in a town of 350, just wondering how big the rental pool is. My criteria will be at least a population of 10,000, okay may be 5000 if the deal is very good.

]]> 12a9f23146a748bc3737f1bda26a44cb setmefree replied to the topic Buying "sight unseen" in the forum General Property https://www.propertyinvesting.com/topic/4374942-buying-sight-unseen-4/#post-4482312 Mon, 12 Jul 2004 12:08:29 +0000 We have interstate properties, but I never game enough to buy sight unseen. Last December we flew down to Tasmania for the morning, inspected a couple of properties and bought one. I guess I will do as much homework as I possibly can, sign the contract, but my final decision will be base on physically inspect the property. Therefor it is very…[Read more]

]]> 68313b04fd9ed962c04c8e0ca102d928 setmefree replied to the topic why do you want financial freedom ? in the forum General Property https://www.propertyinvesting.com/topic/4374808-why-do-you-want-financial-freedom/page/2/#post-4481407 Mon, 12 Jul 2004 11:36:08 +0000 Aceyducey, I can’t express it better myself, this is what I am trying to say. We have to put up with so much craps at work and democracy doesn’t really extend to the corporate world – just see what happen if you tell your boss where to go.
In my mind financial freedom will let me live life to the fullest, with dignity, without trepidation, and the…[Read more]

]]> 18e029e1d4398727b8dec6b8b16af1f0 setmefree replied to the topic commercial - business or property in the forum Help Needed! https://www.propertyinvesting.com/topic/4374922-commercial-business-or-property/#post-4482164 Sat, 10 Jul 2004 11:00:43 +0000 Thank you very much Mel & Leigh. Just wondering if the old hands have some simple way to tell by reading the ad.

]]> 678c5850bb6d63add781ac17984527db setmefree replied to the topic Anyone had/have any rural "lemons"?? in the forum General Property https://www.propertyinvesting.com/topic/4374918-anyone-hadhave-any-rural-lemons/#post-4482130 Sat, 10 Jul 2004 00:25:56 +0000 I am afraid to ask LeighK, topped himself, is that mean he hanged himself !!!!
We have a property in regional Vic. One issue I have is you don’t have a wide selection of tradesmen. We were going to paint the exterior of the house and build a small section of the house, but all the local painters were booked for the next 3 months. End up we had to…[Read more]

]]> e5292cfbd374e82225fb7397e1dd0331 setmefree replied to the topic Interesting little bit of info.... in the forum General Property https://www.propertyinvesting.com/topic/4374919-interesting-little-bit-of-info/#post-4482146 Fri, 09 Jul 2004 19:22:05 +0000 Misty,
Is this a trick question to find out the age of your fellow forumities ?javascript:insertsmilie(‘[smiling]’)

]]> a8b713d75c7293be8c7ea8fb93cd08a6 setmefree replied to the topic are there any positive cashflow properties left? in the forum General Property https://www.propertyinvesting.com/topic/4374879-are-there-any-positive-cashflow-properties-left/#post-4481817 Fri, 09 Jul 2004 19:19:00 +0000 Barry,
Just curios how did you find your NZ properties if you haven’t seen them before, did you use someone like westdan and what was your experience ?
thanks.

]]> cc568660c22b4ef5f804fce447d9532b setmefree replied to the topic why do you want financial freedom ? in the forum No Subject https://www.propertyinvesting.com/topic/4374808-why-do-you-want-financial-freedom/page/2/#post-4481390 Wed, 07 Jul 2004 18:54:46 +0000 I am in a cynical mode here : all this saying a job gives you satisfaction, meaning to your life,
blah blah blah …… is all a conspiracy by the government & the wealthy class – the government wants you to pay tax, & the wealthy class wants you to work like a dog. Just like the travel industry always advertise to have a holiday you need to go…[Read more]

]]> 972c1079d468b733712390c2633a76a2 setmefree replied to the topic Approx 8% rental returns, where???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4374859-approx-8-rental-returns-where/page/2/#post-4481668 Wed, 07 Jul 2004 18:27:09 +0000 okay that’s it, boys & girls you all got timeout.
I am not surprised 8% yield properties do exist, but to say you can find them with eyes closed is an exaggeration. Even when I spent $230 on a Residex +ve report many of the areas included have a miserable 4% gross yield (by the way I won’t buy from Residex again, it was a total waste of money !).…[Read more]

]]> 923605a6ec9abed1573b14076ebbee25 setmefree replied to the topic Fibro House - is it worth it? in the forum General Property https://www.propertyinvesting.com/topic/4374823-fibro-house-is-it-worth-it/#post-4481455 Tue, 06 Jul 2004 12:38:59 +0000 I would not knowingly buy a property with asbestos, or if I do will remove it first. All the assurance that asbestos is harmless if undisturbed is like saying there is no risk in playing with matches near a petrol tanker as long as the spark doesn’t contact the petrol.

]]> 3b475925417dbb42fe09168ed6474a72 setmefree replied to the topic Feasibility in the forum No Subject https://www.propertyinvesting.com/topic/4374813-feasibility/#post-4481420 Sun, 04 Jul 2004 14:33:20 +0000 Hi there,
Can’t remember exactly what the equation is. Do a search in this forum. But roughly it means at the current interest rate, to have cashflow positive a property should return around 10% and this may have to change when the rate fluctuates.
cheers,
setmefree

]]> 1efa6bdcb5a8b7f28f554b82f289e381 setmefree replied to the topic why do you want financial freedom ? in the forum General Property https://www.propertyinvesting.com/topic/4374808-why-do-you-want-financial-freedom/#post-4481374 Sun, 04 Jul 2004 03:18:38 +0000 Hi Monopoly & folks,
Thanks for the advice. It just my little whinge. Change of job, yes. I guess if I want to change the world I need to change the way I see the world first, especially the corporate world.
cheers,
setmefree.

]]> 0b9f50f789955183d8e6b09b52723bab setmefree replied to the topic Who's going to the seminar in July? in the forum No Subject https://www.propertyinvesting.com/topic/4374703-whos-going-to-the-seminar-in-july/page/2/#post-4480827 Sun, 04 Jul 2004 03:13:13 +0000 For those who attended Steve’s seminars in the past, what are your opinions, are they worth the $495 charged ?

]]> 73ac4820efc5f49bb3e7adefdcc5a5f2 setmefree replied to the topic why do you want financial freedom ? in the forum General Property https://www.propertyinvesting.com/topic/4374808-why-do-you-want-financial-freedom/#post-4481369 Sat, 03 Jul 2004 13:11:37 +0000 One more thing, money is not my objective to invest in property,but the freedom to do whatever I like is.

]]> 8738d294f463ccd0f628723c97a9aac8 setmefree replied to the topic Forum Abreviations/Codes in the forum No Subject https://www.propertyinvesting.com/topic/4374650-forum-abreviationscodes/page/2/#post-4480553 Thu, 01 Jul 2004 12:25:44 +0000 thank you Celivia, you are a champion.

]]> 45abb47c20ba4351311a6634958f58cf setmefree replied to the topic Forum Abreviations/Codes in the forum Help Needed! https://www.propertyinvesting.com/topic/4374650-forum-abreviationscodes/#post-4480551 Thu, 01 Jul 2004 10:50:09 +0000 I saw people wrote ‘…. PM me’ all the time, does it stand for Post Me me, Please Mail me, email me ? Been trying to locate this abbrievation in the forum. Can someone take me out of my misery, please.

]]> 5bb97be852d5891d0187e15f78c0e027 setmefree replied to the topic Wantirna in the forum General Property https://www.propertyinvesting.com/topic/4374592-wantirna/#post-4480046 Tue, 29 Jun 2004 17:17:13 +0000 I work in the city and need to go to Watirna sometimes. Even in off peak traffic it takes a taxi almost an hour to get there. Newish area to live in and okay if you work in the neighbourhood, but it seems so remote from anywhere else in Melbourne. As mentioned earlier the public transport is shockingly inadequate.

]]> aa086e06831e6130ada7798767a71810 setmefree replied to the topic Time to share some success stories in the forum General Property https://www.propertyinvesting.com/topic/4374590-time-to-share-some-success-stories/#post-4480021 Tue, 29 Jun 2004 17:08:07 +0000 westdan, did your house need restumping and how much did it cost because I am thinking if it is worthwhile to restump a IP in NZ.
MiniMogul, are your properties in fairly small towns, and which state if you don’t mind.

]]> c3661d71513dfdb8caeca5ebbc4c897e setmefree replied to the topic Making a small fortune in NZ Real Estate... in the forum General Property https://www.propertyinvesting.com/topic/4374436-making-a-small-fortune-in-nz-real-estate/#post-4479038 Fri, 25 Jun 2004 21:28:33 +0000 Now boys and girls, I have a picture of a bunch of kids standing over a poor child in the school yard. I don’t know if what Bill said was right or wrong but everyone can have an opinion. Without someone like Bill this forum will be much less interesting.

]]> 57c1661e768acd77db4de974ba0a0e68 setmefree replied to the topic sinking stumps in the forum Help Needed! https://www.propertyinvesting.com/topic/4374521-sinking-stumps/#post-4479652 Fri, 25 Jun 2004 20:24:55 +0000 Just wondering if the sinking is caused by the original stumps not put in properly (may be not deep enough), or if the soil is unstable another restumping may be needed in few years time (throwing good money after bad !). Any builders/architects in this forum ?

]]> bbaa6b667875298ca553e10af1cf7f42 setmefree replied to the topic in trouble in the forum General Property https://www.propertyinvesting.com/topic/4374416-in-trouble/#post-4478899 Sun, 13 Jun 2004 16:07:18 +0000 Thanks everyone for your kind advice. We will try to get a loan and see how it go. Hopefully it is just a small obstacle in our journey to finanical independence.

]]>