wealth4life.com replied to the topic Property bust not here yet … worse to come in the forum General Property 19 years, 2 months ago
Dear asdf … i don’t know, some of this confuses me …
Australias population is very small for such a large country.
Imagration is still increasing which may take up the slack.
2010 – 2020 will b very interesting indeed, who really knows.
Peoples needs are changing to housing and life style changes. Instead of the urban sprawl we will see…[Read more]
wealth4life.com replied to the topic Property bust not here yet … worse to come in the forum No Subject 19 years, 2 months ago
Thanks Foundation very good info …
It would be interesting to lay your graphs over every generation back to 1950 to see if there are any patterns.
The only major change i see in the near future is the Baby Boomers entering retirement from 2010 and what effect this will have.
When you see what is happening in places like Dubai and Asia i…[Read more]
wealth4life.com replied to the topic Property bust not here yet … worse to come in the forum General Property 19 years, 2 months ago
Thanks Canam
What i cannot understand is why people are buying in Perth with such bad rental returns to cash out lay, is it just the heat in the market ?
and have the rents been increasing over the last 6 months or so?
D
wealth4life.com replied to the topic Property bust not here yet … worse to come in the forum General Property 19 years, 2 months ago
And they said that Perth would not fall!!!
You know the really funny thing is that human beings are stupid, i mean lets be honest its been in the news for 3 years now – cycles come round to every state.
Opps Perth should be exempt, because its not on the eastern side of Australia so it should be treated differently, oh really.
gread gread and…[Read more]
wealth4life.com replied to the topic (Young) Investors Club: A Beginning in the forum General Property 19 years, 2 months ago
OK this is an interesting topic …
Firstly lets look at the need … if this forum and many other “clubs” are not working where are they falling down??
The ASIC will not let you use the word club so be very careful here.(go ask the asic)
Secondly what are young investors really looking for – “how to get started” – try working and saving, we…[Read more]
wealth4life.com replied to the topic Question on 105% Loans in the forum Help Needed! 19 years, 2 months ago
Once again ???? this all sounds very nice and rosey …
OK giveme an example of a real property that will perform to your committments … what would the investment property have to do inyour perfect world to achieve your outcomes???
Remember the 3d’s
Property does not go up in value every year
What is your fall back position
Is this a…[Read more]
wealth4life.com replied to the topic Property bust not here yet … worse to come in the forum General Property 19 years, 2 months ago
GMH herei s a thought
With all the experts on this forum we should be talking about how to develop instead of purchasing …
Investors get returns … developers get rich.
D
wealth4life.com replied to the topic REWARD!!!! For New company name in the forum Help Needed! 19 years, 2 months ago
We have many great internet names which will be activated next year … my suggestion is to reverse think,
1 do a market survey as to what investors would want
2 make a list of the common words used and play round with them
3 use an acronym
apin.com.au … australian property investors network …
how about … ripe.com.au residential…[Read more]
wealth4life.com replied to the topic Simple Question in the forum Help Needed! 19 years, 2 months ago
Dear Illusion,
never be MISillusioned that education in not needed in this day and age!!!!Read books and attend any free information courses you can, you can play what if games all day long but the reality of the deal only comes when you are in the game with your own money.
D
wealth4life.com replied to the topic welcombe to my world in the forum Creative Investing 19 years, 2 months ago
How’s the soup going Gross i’m interested to see whats happened to the pitcher, really i am as it must be very nervous pulling this togehter in a sliding market, also would be interested in what suburb it is.
D
wealth4life.com replied to the topic Property bust not here yet … worse to come in the forum General Property 19 years, 2 months ago
GMH its easy…,
because now developers have developed anti growth drugs so your children stay smaller longer, while you pay off your 27% interest free store account that you had to refinance because the term ran out.
Tthe home loan issue has been fixed also now that the banks have introduced 50 year home loans which mean lower repayments and…[Read more]
wealth4life.com replied to the topic Property bust not here yet … worse to come in the forum General Property 19 years, 2 months ago
Here are a few extra interesting future facts.
1. Developers are producing different products to accomodate new entrants into the market at affordable pricing.
2. House and land packages are getting smaller in size, some starting now at 300 m/2
3. The cost to develop raw land and build houses is increasing.
4. Baby boomers are moving…[Read more]
wealth4life.com replied to the topic Property bust not here yet … worse to come in the forum General Property 19 years, 3 months ago
All you boys and the cars, i really don’t know at least you’re no into Minis …
Yes for me i just can’t understand Perth and why its holding for so long, the resourses boom has put too much money into peoples pockets and they want to burn it some where.
An acquaintence of mine left Sydney (bad market) and set up an office in Perth selling…[Read more]
wealth4life.com replied to the topic Equity rich – income poor in the forum Creative Investing 19 years, 3 months ago
Equity lending is not new and was around in the 80’s.
These deals are extreemly RISKY for the unsophisticated investor and IMHO should be avoided at all times.
Get legal advise from a large firm such as Gaydens before you even think of this.
If a developer resorts to asking ordinary mums and dads for this type of investment that means that the…[Read more]
wealth4life.com replied to the topic Property bust not here yet … worse to come in the forum General Property 19 years, 3 months ago
So who thinks the interest rates will go up before the end of the year and if so whats in store for the various states around Australia.
D
wealth4life.com replied to the topic Property bust not here yet … worse to come in the forum General Property 19 years, 3 months ago
OK i’m back – i have been up north doing some research on waterfront resort projects for a large Asian syndicate, sorry cannot tell you any more at this stage.
GMH you honestly make me laugh with some of your one liners, please keep it up i love good humour.
My idea of the bottom of the market purchasing for saftey is picking an area like…[Read more]
wealth4life.com replied to the topic Property bust not here yet … worse to come in the forum General Property 19 years, 3 months ago
OK so i’m watching the Sunday news and i hear that 5000 people per year in Sydney are losing their homes because they can’t afford to pay the mortgage.
Will it get worse?
Developers in Sydney are moving to QLD to get profits in a more boyant market, which is slowing however over the 10 year prediction is the most stable.
So who’s buying at the…[Read more]
wealth4life.com replied to the topic development in Sydney in the forum Value Adding 19 years, 3 months ago
Hi Mark PM us we are very active and always interested in a deal … we can also get finance if it stacks up.
D
wealth4life.com replied to the topic Buying Agent? in the forum General Property 19 years, 3 months ago
Hi CRUISER wasn’t minimogul a member of the forum, did you get her from here and if you did do you have a collection of her correspondence.
Keys;
Only deal with licienced individuals.
Get a copy of their drivers licience.
Get a copy of their PI cover
Get everything in writing spoken about “signed”
Opinions are like belly buttons “every one…[Read more]
wealth4life.com replied to the topic Any other Cash Flow producing techniques? in the forum Help Needed! 19 years, 3 months ago
Reduce debt = increase cash flow = +ve gearing = better purchasing opportunities = repeat.
What is your goal Nathan? how much do you want to make in life?
good luck … D
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