PropertyInvesting.com | thiseldo | Activity

thiseldo replied to the topic Dodgy pyrimid scheme, Network 21 in the forum General Property

Thu, 24 Jul 2008 12:30:59 +0000

This is most definately a pyramid scheme. Overall pyramid schemes only really work for those in the top few levels and it is very hard for someone lower down to make really decent money out of it. (And if you aren't one of the people presenting or helping setup the presentations you are lower down.)The thing I have noticed is that you said they…[Read more]

thiseldo replied to the topic How do people "know" what the market is going to do? in the forum General Property

Thu, 24 Jul 2008 12:23:45 +0000

Nobody knows what is going to happen and nobody can predict if prices will increase or decrease and by how much.No matter what there will be some areas that will increase and some will decrease – this means that one can make a profit, they just need to be a bit more vigilent on where they are purchasing compared to when there is a 'boom' and…[Read more]

thiseldo replied to the topic buy to live in or investment? in the forum Help Needed!

Thu, 24 Jul 2008 12:16:42 +0000

I personally rent where I like to live and then invest where I think I will achieve the highest gains in property.I live in a tourist town where median house prices are 500k and median rental are only 300pw. The return that you can get by investing elsewhere far outweighs the fact that I am not living in 'my own' (even though the bank would own…[Read more]

thiseldo replied to the topic First purchase in the forum Help Needed!

Thu, 24 Jul 2008 12:08:02 +0000

Before going into such a large investment such as a property one needs to gather all of the facts first. You seem to know very little about both the property and the location. Sure there are websites that will provide with general statistics for the area and these should be used in conjunction with other information you have acquired. The only…[Read more]