[glum2]

Aw, it was all in fun…

OK, it’s back to more respectful system.

Cheers,

Steve McKnight

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Remember that success comes from doing things differently.
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Hi,

It’s a matter of ownership status:

Lease-Option: Tenant (lease agreement or right to occupy with also an option to purchase)

Wrap: Purchaser (formal sale contract signed)

Getting creative, some people like the idea of having an initial lease option while people prove their ability and then convert it into a wrap at a later…[Read more]

Hi Misty1,

Welcome to the forum []

Risk and return are always present in every investment, but not always in equal amounts.

For example, risk can be mitigated by using a proven system that’s applied with effective management, which will maximise your return at the same time.

This (system and management) explanins how I’m able to make positive…[Read more]

Hi,

Wouldn’t the creation of new titles amount to the disposal of an asset?

Wow, the more I think about this, the more complicated it seems.

I suspect that the ATO has a ruling out on this, and that going to your accountant prior to the subdivision would be smart.

Let me know the answer!

Cheers,

Steve McKnight

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Remember that…[Read more]

Hi,

I’m sorry, but this sort of investing needs a stern rebuke.

Rule: Every sensible investing plan needs an entry AND and exit plan.

If you have purchased these investments without a plan for how you will repatriate your investment then you have been ignorant in your approach.

Investing in a foreign country is complicated enough, but once you…[Read more]

Ah… the comfort zone. Just imagine what the MAP people have to put up with [grin]

Yep – I agree the changes may take a while to get used to, but I was becoming sick of redirecting posts in the general area to the correct forum.

This general forum is for posts that don’t fit elsewhere.

As for the wraps forum… all the old posts are still…[Read more]

Hi,

I won’t say it can’t be done… but the admin function I see only has 6 options.

Personally, I like the stars as a symbol of participation. I don’t think that it represents real estate knowledge or experience.

Cheers,

Steve McKnight

**********
Remember that success comes from doing things differently.
**********

Hi,

Yep – It’ll most likely be a topic in the May newsletter.

Thanks for your interest.

Cheers,

Steve McKnight

**********
Remember that success comes from doing things differently.
**********

Hi Sly,

Mate – new wine for new wineskins!

There were more chapters in the book than just buy and hold.

Interestingly, some of the MAPPERS have found great deals in NSW… so they must be out there.

Cheers,

Steve McKnight

**********
Remember that success comes from doing things differently.
**********

Hi,

If you have a complicated set up then I’d recommend Paul Harper from Jeena Partners.

Jeena Partners
Level 16/ 390 St Kilda Rd
Melbourne 3004
Tel: (03) 9820 0122
Fax: (03) 9820 0188

Cheers,

Steve McKnight

**********
Remember that success comes from doing things differently.
**********

What about Western Union?

Most newsagents are agents…???…

Cheers,

Steve McKnight

**********
Remember that success comes from doing things differently.
**********

Hi,

These properties by themselves are neither good or bad.

The question to ask is “how will these properties deliver on my investing goals?”

Some things to look out for:

Property One: Watch out for the vacancy rate, management costs and body corp fees as they can really sink your cashflow.

Property Two: Is there market demand for a property…[Read more]

Hi Daniel,

Thanks for your post and I’m delighted that you enjoyed the book [exhappy]

What I would like is to ask if you can point me in the right direction of a book, seminar or website or whatever, that details on how to flip properties here in Australia.

A ‘Flip’ is simply a property transaction that has a simultaneous purchase / sale…[Read more]

Hi,

Very funny! [biggrin]

Where did you get those Wealth Tips Tapes???

Hang onto them, they’re collector’s editions!

I’ll write more about the goal after 9th May.

Cheers,

Steve McKnight

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Remember that success comes from doing things differently.
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Well,

Big W hey? I didn’t know they had placed an order… still these guys are not booksellers as such.

At the time of writing I am unaware of any book chain that has discounted it. Still, it’s sure to happen eventually though.

Thanks for the heads up…

Bye,

Steve McKnight

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Remember that success comes from doing things…[Read more]

Let’s move on please.

Steve McKnight

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Remember that success comes from doing things differently.
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Hi Bec,

A life ban is a life ban.

All future posts will, sooner or later, be deleted and profiles you sign up with will be locked.

Your computer’s IP address is tracked on each post, so we can trace it back easy enough.

It’s time for us all to move on.

Bye,

Steve McKnight

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Remember that success comes from doing things…[Read more]

OK. Enough said.

I accept the criticism and agree that removing someone from the forum is a drastic and last step.

I did it in public for two reasons:

1. So that people wouldn’t wonder where Bec went. FYI, my original post was a copy of an e-mail I sent Bec.

2. To make it an example that continual and unrelenting personal attacks and…[Read more]

OK,

This has gone to the appeals tribunal and the verdict is…

…life sentence has upheld.

I contacted Bec previously and asked her to adhere to the rules. I’ve deleted her inappropriate posts. I’ve edited her inappropriate posts. In the end though, if I can’t rely on people to follow the rules then its time to move them on. I’ve done it…[Read more]

OK

This topic seems to have gone a little left of centre.

It’s time to move on.

Cheers,

Steve McKnight

**********
Remember that success comes from doing things differently.
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