I’m just a “Friend” now am I Shaun??? That’s not what you were saying Sunday night….. ; )
(Joking there)
Been a while since I’ve posted anything, but like Shaun I’m now quite pumped by the concept of Velocity of Money. I kept thinking I had to own all these places, and try and drawn down equity to expand all the time, which can make a positive…[Read more]
Am I correct in assuming your a morgage broker? Would you know what kind of deposit and interest rate you could get to invest purely in property trusts? Would it be compariable to direct property investing? LPT are 40% less variable than shares, so a margin loan just doesn’t seem right.
Well you might not be listed straight away, but as a long term goal. I’ve done some research, and you can borrow up to 60% under the reg’s, and if you margin loan into a proeperty trust, you can effectively increase your borrowing by another 60%. Now the current listed trusts all borrow around 30 to 45% so are missing out a bit, but do…[Read more]
i won’t be there after six, as I’m going to a ball saturday night. But will be there till then. There will be drinks for those who want them, but thats up to the individual. Feel free to come after 6 Andrew, I’m sure Phil will still be there at least.
I will let you know about any other meetings if you’d like. Send me an email, my email address…[Read more]
Sorry about the delay in getting back to you all. Haven’t been able to get to an internet cafe all week. I just bought myself a new laptop so I wouldn’t have to stress, and the darn modem’s broken. On a brand spanking new Laptop!!!!! Anyway, thats my rant for the day.
It seems around lunch or early afternoon on a Saturday is the…[Read more]
Alrighty then. Great to hear from so many of you. Sorry this post is a bit slow, I don’t have regular access to the net at the moment. How about you all send me an email at
Love to catch up. Not really a local, only been here 8 months, but definitely interested in trading some ideas. It might have to be a beer for me but. Haven’t aquired that taste for scotch yet…
Wasn’t planing on buying it unseen. Just seeking advice. I haven’t talked the RE yet, was planing on this weekend. Deposit finance is also a problem for that large a purchase.
I’d love some advice. I’ll give the RE a call and post tomorrow.