Since 2001 | Total Members: 161,313

yack

  • yack replied to the topic Forum visitors in decline in the forum No Subject 21 years, 7 months ago

    Mini

    Tell us something we dont know. Its the herd who pays $1200 for Steves courses and its those courses and Books that pay for this web site. Once the herd starts loosing money and becomes disillusioned then the real players can make more money.

    Why dont you have a 100 word limit.

  • yack replied to the topic Building Insurance in the forum General Property 21 years, 7 months ago

    Try another, then another.

    No property is uninsurable. The only thing is the premium. Somebody will insure it for. Its just a matter of working our what price an insurance company is prepared to receive to carry the risk.

  • yack replied to the topic Building Insurance in the forum General Property 21 years, 7 months ago

    Go to an insurance Broker – they should be able to help. They want your commission.

  • yack replied to the topic Forum visitors in decline in the forum General Property 21 years, 7 months ago

    I suppose it does. I am not comfortable at this point of time to look at places like that.

  • yack replied to the topic Next Melbourne IP Group Meeting in the forum No Subject 21 years, 7 months ago

    I doubt Steve will be there.

    He may charge you all $1200 to discuss the proposed agenda.

    But I do understand he did attend a vendor finance evening a few months back.

    Good luck with it Krazy.

  • yack replied to the topic Forum visitors in decline in the forum General Property 21 years, 7 months ago

    I just have concerns for the future (next 2-5 yrs). We had a rate increase of 0.5% and my latest property purchase in 2002 probably has gone down 10%.

    I only see interest rates going up again. I have fixed rates.

    I cant see how we can keep property prices where they are now. How can a newly married couple afford a property worth $300k, when…[Read more]

  • yack replied to the topic I am an agent of Neil Jenman, apparently. in the forum Opinionated! 21 years, 7 months ago

    MartinW

    I like to hear alternative views as well. I still believe there are inherent long term problems with positive geared properties. ie. rural properties dont appreciate as quickly as surburban/city properties.

    Investing is really about buying assets that appreciate and make you wealthy over a period of time.

    I dont believe everthing I…[Read more]

  • yack replied to the topic Forum visitors in decline in the forum General Property 21 years, 7 months ago

    I totally agree with the comments of Wayne L.
    below_______________
    The same thing happened in sharetrading forums at the start of the bear sharemarket.

    First, people get narky and argumentitive, then visitors start dropping off.

    Sign of a bear market folks.
    _____________________________________

    I reckon, even this web site may not be around in…[Read more]

  • yack replied to the topic What made you buy your first property? in the forum General Property 21 years, 7 months ago

    a) Whether your first porperty was a PPOR or an IP,
    PPOR
    b) What made you think about buying a first property?
    Did not like paying rent and paying off their loan.
    c)When you found the one you bought, why do that one suit?
    The loan was under control. 2 bed unit accross the road from beach and walking distance to station. Wish I still had it but…[Read more]

  • yack replied to the topic Next Melbourne IP Group Meeting in the forum No Subject 21 years, 7 months ago

    Eh Krazy

    Whats the Agenda
    1. Introductions
    2. Positive v Negative gearing
    3. Tax implications
    4. Get a drink
    5. Which areas are best
    6. How to finance – how much deposit
    7. How many properties you got
    8. Gee – like your car.
    9. Rural or surburban
    10. Real estate agents
    11. Wrapping or Ripping
    12. Dont we all love Neil Jenman
    13. Get another beer…[Read more]

  • yack replied to the topic RE agents in the forum General Property 21 years, 7 months ago

    I dont do interstate for the reasons you mentioned. But there are others that do eg. Westan. But for how long have they done it? Thats what I would like to know!!!!!!

  • yack replied to the topic Council unimproved property value in the forum Help Needed! 21 years, 7 months ago

    Go have a look. The land is probably falling down towards a cliff. Or your next door to the new mine being developed. Or your 3000kms from Brisbane.

  • yack replied to the topic ATO targets for 2003-2004 in the forum Legal & Accounting 21 years, 7 months ago

    Ho Hum. Probably same article as last year – just changed the date. How many times, have I read this type of article.

  • yack replied to the topic Free Land !!! in the forum General Property 21 years, 7 months ago

    Well its hardly free land then. Obviously its taken into account in working out the split or joint venture.

    What happens if there is a dispute. The land is in their name, the building is on their land. You are stuck with bills in your name.

    No thanks.

  • yack replied to the topic Tax – another perspective in the forum General Property 21 years, 7 months ago

    Yeah – i got this email from a colleague at work. Well worth a read. Makes sense.

  • yack replied to the topic Free Land !!! in the forum General Property 21 years, 7 months ago

    Where is their land situated? Near the black stump?????

  • yack replied to the topic Next Melbourne IP Group Meeting in the forum No Subject 21 years, 7 months ago

    Who really wants to meet. I can think of 100 other things I would rather do on a Sunday afternoon.

    Talking property investing is not one of them.

  • yack replied to the topic Please Welcome Our Newest Moderator in the forum Opinionated! 21 years, 7 months ago

    Well Done. My confidence in these forums being a little more balanced has increased considerably.

  • yack replied to the topic Jenman – Real Estate Shoplifting?????? in the forum Opinionated! 21 years, 7 months ago

    Can we keep posts to the topic?

    I disagree with Jenman in this case.

    If you have a fixed term to sell your property and the agent has been unsuccessful in selling the property then you are free to sell it even if the person had viewed the property while it was being marketed with an agent.

    I dont care about his motives. His view on this I…[Read more]

  • yack replied to the topic Do you invest and play??? in the forum General Property 21 years, 7 months ago

    I try and find a balance.

    I have a well paid job that i dont really enjoy ( well there are good and bad days) – so I’m not like Westan – eventhough I would like not to work.

    We have done Merimbula the last 2 yrs and did the gold coast last year and even took my parents. Later this year my wife and kids are off to Canada for my sister in laws…[Read more]

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