PropertyInvesting.com | spidey | Activity https://www.propertyinvesting.com/members/spidey/activity/ Activity feed for spidey. Sun, 12 Apr 2026 12:47:47 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e10cb55485fc5af72846854e267d94c9 spidey replied to the topic Im in a hole........ in the forum Finance https://www.propertyinvesting.com/topic/4373291-im-in-a-hole/page/2/#post-4470459 Sun, 01 May 2005 19:37:54 +0000 Hey
You guys always this funny. Rob you say that we dont have enough information. Yet then you make comments based on what you have concluded.

Maybe the best post would be the one that says.

Hey come back and give us more information.
Personally when I got into debt paying it off didnt really get me anywhere. Some new expense crops up. Then your…[Read more]

]]> 639674efdff620349f78fabc498a1fe1 spidey replied to the topic Im in a hole........ in the forum Finance https://www.propertyinvesting.com/topic/4373291-im-in-a-hole/page/2/#post-4470455 Sun, 01 May 2005 05:45:23 +0000 Interesting answers on this forum. Nothing like cryptic posts. So I will add mine. You have to decide if you live in a world of scarcity or abundance.
if its scarcity then you draw up a bugdet.
if its abundance you figure out how to create new sources of income.
I dont know if its like the states, but I would call and see if you can get a lower…[Read more]

]]> f2a24e6ece9aa2f59cbd1f87f9da2681 spidey replied to the topic How much is too much debt? in the forum Finance https://www.propertyinvesting.com/topic/4373272-how-much-is-too-much-debt/#post-4470320 Wed, 28 Apr 2004 20:47:08 +0000 I am in the states. I have borrowed to 97% LTV.For my personal residence.
I am of the firm belief that the only paid off property you should have is the one you live in. Thats not until you have excess cashflow. Had a discussion that even if I was rich I would still buy property using opm. I havent passed the million in debt yet. On the million…[Read more]

]]> f650ffaceb68b75fd88e534b95bb7e7d spidey replied to the topic 6 Things i've learnt in the forum General Property https://www.propertyinvesting.com/topic/4373214-6-things-ive-learnt/page/2/#post-4469654 Wed, 28 Apr 2004 07:36:03 +0000 1. Offers make you money
2. If it looks like a deal tie it up with a contiguency.
3. live below your means
4. invest as much as possible.
5. you make your money when you buy.
6. Have others fix the toilets
7. Dont listen to people who tell you it cant be done. Start now

Rob

]]> c4c92a06240498499bf223d7aae2562a spidey replied to the topic How much is too much debt? in the forum Finance https://www.propertyinvesting.com/topic/4373272-how-much-is-too-much-debt/#post-4470312 Wed, 28 Apr 2004 07:21:25 +0000 Why does a person that has so little debt ask this question ?
Would the answer make you take on more debt? The more debt the higher the return, the higher the return you can take on more risk. Thats why you shelter some money and have reserves.

Rob

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