i’ve found a great way to get the message to the top of the list.
You can edit your messages. I do this when i see how bad my spelling is.
Had a beauty last night accidentally referred to “Crashy” as “Crassy”, so i was able to edit it before i started WW3.
so go back and edit some spelling mistakes and Wacko your back to the…[Read more]
Here you go, crashy quoted a completely ridiculous figure a few week ago and you’ve picked it up as some sort of fact.
“It is logical that because the long term (350 years or more) trend for residential property is to yield a return below 10% and many areas have yielded more than twice that for between 6 and 8 years it is obvious that…[Read more]
Hi Beancounter
Yes we are all having the same propblem. Its no longer just a matter of driving into any regional center and choising which property you want. if you want to buy in a town say over 10,000 population in Victoria or SA then i think you may be too late. There were some properties in Tas a few months ago but they are in short supply.…[Read more]
firstly, we expect you to join us in Sept in you know where! (not Byron Bay).
in answer to your Question.
Yes i bought into these areas because of the developments. Interestingly i dismissed these areas 4 years earlier because they were economic basket cases. I can’t remember where i heard about Hamilton but it was common knowledge if…[Read more]
my thought are similiar to the other guys but one extra comment. you may plan not to sell, but if you need too Ugly houses sell very poorly. At the moment everything is selling well. but 4 yrs ago some of these Ugly houses couldn’t get an offer. What about the future?
westan
hi crashy
how are things
Margin calls are a pain if you havn’t got the financial reserves handy to top up. But as you said working “Deal for free” like an ordinary margin account is a safe way to play it. personally i’d gear up higher than 70%. Just received the mail from them Yesterday so havn’t read it all. But the cash rate plus 1% is heaps…[Read more]
i source my information from everywhere, newspapers, internet, talking to people and agents. With agents i often find they have no idea what is going on in their own cities, they are often focussed on selling houses and thats it. But sometimes they are very switched on and worth there weight in Gold.. I’ve got leads for investing from…[Read more]
Chris
the answer to which book?
the Bible its the most complete book i’ve ever read, gives me a purpose for living, understanding of life, hope for today and tomorrow and a better understanding of who i am. But best of all it leads me to a God who loves and cares for all of us.
Just about got a…[Read more]
let me elaborate about economic develpments.
Today a town in Victoria announced the creation of 50 to 80 new jobs. this town has a population of about 1,500. so it is a major boast for the area. My guess is properties will rise as new people move to the area for work and as locals become more confident of the future?
it amybe worth looking…[Read more]
i think stuart point about demand for that type of house is very important. evenif it’s currenly let doesn’t mean it will easily let again and maybe not even for the same price.
i spend a lot of time looking at future economic developments in the community. Sometimes i will buy in an area because of the developments eg Hamilton Vic…[Read more]
alright my last post on the topic also.
not much point really because no one is going to be bothered reading it but here it is.
it’s not so much if Rich dad is real etc.
what gets me is the man appears to be worth nothing, no houses etc until after the rich dad book. (this is according to the article, RK owned only one house in phoenix a very…[Read more]
if someone says do it this way, this is the way to do it, his is how i’ve done it.
But they never did it at all i would think twice about following there advice, why do people have to lie if the message is good let the message stand by itself.
his books are full of stories all now lies, his successful investments are lies, his great…[Read more]
“or would you just be happy that i got you of your bums to do something??”
personaly i’m always honest with people and assume they are the same with me. I get disappointed if people lie to me, in future they lack credibility. There is another book that i hold in very high regard and it’s principles work…[Read more]
i was yalking to the owner of a first national real estate agency on the weekend from a country town. when he arrived at my house i was looking for properties on the net. His comment was its apain with all the emails they get. about 400 a week on perhaps one sale out of it, he neede a purson just to handle the emails full time. Real estate agents…[Read more]
well done steve,
i’m with you on selling your appreciated stock and rebuying at a lower entry point.
is it possible to get the transcript available or an audio we can download off this forum.
love to compare where you are buying but understand fully what you are saying, i’ve purchased 4 (yes only 4, but then i only own 20) properties in the past…[Read more]