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Rich is defined by anyone who has more money than you…ask Rupert Mucdoch if his is rich, and he will tell you he is well off, "…Bill gates though is rich"""my favourite quote is from Johnny Carson at the end of his career, when asked about his $1m per show and he replied "the only thing money gives you is the abilty to not worry about…[Read more]

I find some of the comments amusing. There is an innuendo that "rich" people are somehow stupid for selling presumably at a loss having bought at premium price.. When that may be so in some cases, this is not exclusive of the (stupid) rich. Thousands upon thousands of (smart?) poor are selling below the cost at a loss. …..And many that sell,…[Read more]

http://www.randygage.comYes, there is alwasy an advantage by being local even if only by elevation.The disadvantage is of course the emotional involvment that usualy wrecks our best judgement. That is why I make this tongue in cheeck post in this section. I find the choice of places for investing rather amusing.On the other hand I know of some german…[Read more]

There is one truth in some of the negative post, and that is, property seminars, just like shares investing seminars are useful to that person that is ready to get in gear. A waste of time and money for the one that is not ready.That does not make him stupid or incompetent. My wife is a doctor and a very successful at that, yet I couldn't take her…[Read more]

Ah the good citizen with the rope. Where is that branch swing the rop over it  LET'S GET OURSELFS A GOOD HANGING.Who gives you the right to judge? Are you so squeeky clean? Oh yes, you haven't been caught, thats true.As for advise, when I needed an expert in vintage engine's magneto I use to go to a guy who was an ex con and as mad as a hatter…[Read more]

Ah the good citizen with the rope. Where is that branch swing the rop over it  LET'S GET OURSELFS A GOOD HANGING.Who gives you the right to judge? Are you so squeeky clean? Oh yes, you haven't been caught, thats true.As for advise, when I needed an expert in vintage engine's magneto I use to go to a guy who was an ex con and as mad as a hatter…[Read more]

When I can understand sentimentalism be drawn in, when there is family involved, for an investor to say "not for everyone" like a turist is a tad suprising. Irak is "not for everyone" and so is Manchuria.An investment is either good or bad. It either makes you money or cost you money, there is no "nice" bad imvestment nor is there "horrible" good…[Read more]

If I wanted to invest in the Czech republic (perish the thought, I rather spend the money on Lotto tickets), I would look for the local consulate and the local Czech club. Then, dress in my worst possible cloths I would go and ask questions on this like: "I have a distant cousin of my wife who lives in bla bla and I want to do him a favour and…[Read more]

OK, I have a deal going with the local boat renting place. That was an easy one. Another question.The house came with an old fashion spa. I don't like it, never used it, I am too used to the one I have at home that is new, massive and works like a charm at the touch of a button. However it seems a pity to rip it out. It is sunken in the deck,…[Read more]

Thank you for that, I agree on all points.A few more thoughts. In the area there are a few homes for rent, one resort and a couple of guest houses. The cheaper lower end of the market goes clearly to the resort; the guest houses or B&B offer something slightly different. That lives a few dozen homes for rent that are scattered along many…[Read more]

PSOur holiday rental is waterfront and has it's own slipway and jetty. We often think in living a 13' tinny with a 5HP outboard (no need for license) for the guest to use and explore the river. The attraction for a potential guest is obvious and the extra cost is minimal however the incresed risk for litigation in case of an accident is also…[Read more]

Hi guys, thank you for the replies and sugestions.Those websites seem to be a good (and cheaper) alternative. Browsing through the holiday rentals offered in my area (Hawkesbury) I noticed that some offer linen and towels only to o/s turists and at extra cost per person. There is already a good idea to cut costs.

Thank you, too true!The human being is a creative creature. If you muzzle your creativity via some stupid idea that it is "wrong" because some half witted teacher working part time on 30k a year salary wants you to believe he has the answers to your problems, you have something else coming!Creating is as necessary as eating and finding your…[Read more]

So what if we are "incredibly wealthy" compared to Timbukto or 100 years ago? This is the old tran-tran pedalled by all religions known. Rich is evil and poor is virtuous. Modern version is rich is spoling the planet, etc. sick of it. If anyone thinks that wealth can be achieved whilst feeling guilty about it he is deluded. And if anyone thinks…[Read more]

When it comes to asking for approximate cost, I'm afraid you are asking how long is a piece of string.

I use to own a few blocks of flats in Mount Isa. Bought them very cheap, sold them at a killing price just in time.

However I sold them not because I had secret information as to what the market would do, but because I got fed up at being…[Read more]

When it comes to asking for approximate cost, I'm afraid you are asking how long is a piece of string.I use to own a few blocks of flats in Mount Isa. Bought them very cheap, sold them at a killing price just in time.However I sold them not because I had secret information as to what the market would do, but because I got fed up at being…[Read more]

If it is still functional, I would keep it and bake bread or pizza or a good roast in it. However you mention rendered the inside ( uhuu) and does its still have it's original door? Do you have room to store firewood? What is the rest of the house like?I would love to have a wood fire oven in my kitchen.Having said that I have a brick open…[Read more]

We live in an era of fulfillment of dreams. When I was a kid, people would define an impossible con, one that is so obvious no one can pull it off, in this way: Sell tinned air or bottle tap water.When tinned air is something that can be purchased as a holiday souvenir and a bit of a joke, we have been purchasing tap water at  the same price…[Read more]

Hi bespoke. Renovations or additions for adding value to investment properties is an interesting topic. I have done my share of reno, mostly by myself. I am proud of what I did and I put to shame many carpenters and plasterers and electricians, Joiners and glaziers.  However when you ask for opinions, make sure you can distinguish between the…[Read more]

I thought you have to live in France in order to be able to pruchase real estate. Did this change? If so when?