Buy land wholesale, develop at $720pm2 and sell or hold, there are also quite a few forclosurers in this area because of interstate buyers and bad rental returns, have a look at out of favour areas like … opps can’t tell, good hunting

[cigar][suave][fear]

Jess sit down cause the stats are around $44,000.00 p.a BT

I’m a bitsa myself – bit of this bit of that, my brother had a poem …

My brother lay over the ocean
my sister lay over the sea
my father laid over my mother
and thats how i came to be

Hope that is not toooo rude sorry, opps[whistle]

Hi jess, a person who does nothing has nothing to contridute, but all those people you talk about have experiences and along with that a personal Philosophy is developed because of the HARDSHIPS they encounted along the way.

You don’t need to necesserially be born into it or be a genius READ “you don’t have to be born brilliant” by John McGrath…[Read more]

If it was me he would be off the site – zero tollerence “spam” low opportunist, regards … Phil

Hi Yack i’m not a new investor but your post has wise warnings, i could quote a famous saving here “heed the roar of the distant drums” at the age of 28 i sold 4500acres of waterfront land (part owner) which today is Laguna Resort (1.3 billion dollar development) we got hit with a 5mill tax bill which we had to borrow and then the interest rates…[Read more]

Hi Spanky – i’ll never doubt you … regards Phil

Good post SIS – i do tend to go along with LifeX quite a lot on this one, please read Wallace De Wattles book.

SIS – Karma, my views and opinions/experience

Be careful when you give that you are not taken, understand that when you give there must be a trade back in equal value at some time and i do not mean money value.

A $50 rifel has more…[Read more]

Hi Steve some very interesting comments you have made here,

1. You look 4 houses with problems??

2. In adding more in perceived value in a country town are the locals willing to pay the extra in rent of this perceived value, because in my experience country folk are tight with their money.

3. Land tax is not so bad to pay if the investment…[Read more]

Just go and find some really desperate and broke Australians (not hard to do)then screw them for an interest rate above what you are paying the bank and hope that the interest rates don’t go up.

I just can’t bring myself to do it – you guys must have nerves of steel, in my mind these people should be avoided at all costs, very desperate !!!!!!

The fees appear to be very high for the size of the property, you should have this checked, is there an existing tennant and what is its suggested usage… Phil

redwing – show me a poor person with a good attitude.
Deffination of success (mine) freedom.

Yes i agree the people on this forum are varied u are correct.

aussierogue; my dip in … doesn’t give me that much time on u. Oprah is worth over 2billion so u think she is not a business person???
Your first paragraph, is you interpritation !!! only,…[Read more]

Hi Jo i thought this statement would cause some interest, my brash comment comes from fighting the negativity of people always knocking success. I know many wealthy good people, who are very positive and helpful, and the only time i hear stupid comments is when they come from uninformed individuals who have not taken the step towards helping them…[Read more]

Take an invoice to the local court house and have a judgement set on her cost is about 30-50 bucks, it cheap and easy … [biggrin]

No problem Tim my secretary is updating the “goals setting manual” on wednesday love to give you a free copy … Phil[aacool]

Slow down its not a race, there is plenty of time to get rich and happy, in your haste you may miss a bargin. You said you are only new to Aussie so why not do some home work like a proper business person as you are ????[buz2]

1. yes and no

2. yes but depends on time frame

3. no

in australia we minimise tax not avoid it, in america one day you will pay, its just a matter of when.

jspri – dont try to read some ones post and think you know their position – you should be more careful then what you write because we are all judged on what we say mate.

Dont take it personally 100 years from now no one will remember, good luck with your first choice i hope it has many off spring.

[biggrin]

Thanks Pete good luck, can’t wait