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Viewing 12 posts - 1 through 12 (of 12 total)
  • Profile photo of ACTandyACTandy
    Participant
    @actandy
    Join Date: 2003
    Post Count: 13
    July 30, 2004 - 12:26 am

    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 geared place negitive. So I couldn’t see how Steve grew so fast. That’s the real thing I got from the seminar. Find a problem, fix it, which adds value, sell, then find two problems, and fix them…..

    Got to keep turning over, and locking in your returns.

    Anyway, cheers all

    Andy

    (By the way Shaun, been off with food posioning all week. Sorry if you’ve been trying to email me. Be back at work Monday. Ate something dodgy when I got back. Not sure, but I have not be a well chappy!)

    Profile photo of ACTandyACTandy
    Participant
    @actandy
    Join Date: 2003
    Post Count: 13
    November 17, 2003 - 11:26 am

    I didn’t think they had a panel for janitor did they? [:D]

    Profile photo of ACTandyACTandy
    Participant
    @actandy
    Join Date: 2003
    Post Count: 13
    November 16, 2003 - 10:31 am

    Guys,

    What can I say…..

    And Shaun lives on the net!!!!

    That’s the way luckyphil, stay strong, whip em’ into a bidding frenzy!!![:)]

    The bidding to hear luckyPhil’s sensitive info starts at $25!!!![:P]

    Cheers All

    Andy

    Profile photo of ACTandyACTandy
    Participant
    @actandy
    Join Date: 2003
    Post Count: 13
    November 2, 2003 - 2:48 am

    Terryw,

    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.

    Appreciate any further advice.

    Cheers

    Andrew

    Profile photo of ACTandyACTandy
    Participant
    @actandy
    Join Date: 2003
    Post Count: 13
    November 2, 2003 - 1:59 am

    Hey,

    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 return 6 to 9.5% in dividends per annum. They seek capital growth a little more aggresively than a CF+ trust would too.

    If you got enough people interested, with that goal in mind, it could be quite profitable.

    I’ll have a look at property fox.

    Cheers

    Andrew

    Profile photo of ACTandyACTandy
    Participant
    @actandy
    Join Date: 2003
    Post Count: 13
    October 23, 2003 - 7:51 am

    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 is earlier in the posts.

    And just to let you all know, I finally have my laptop working, so I will be posting more regularly now, and checking emails too. See you all there Saturday.

    Cheers

    Andrew

    Profile photo of ACTandyACTandy
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    @actandy
    Join Date: 2003
    Post Count: 13
    October 22, 2003 - 8:39 am

    Yeah, I did mean the 25th Phil. I’ll see you there, though that may be a bit difficult, seeing your so close to the ground and all.

    Cheers

    Andrew

    Profile photo of ACTandyACTandy
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    @actandy
    Join Date: 2003
    Post Count: 13
    October 19, 2003 - 4:11 am

    Hi all,

    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 concensus. I talked to Phil yesterday, and he suggested the Olms pub in Bradon. (Thats right isn’t Phil?) It’s central, and not to far from Shauns if we want to take an excursion to QBN. So how’s this Saturday at Olms for everyone. Around 2pm?

    You can look for me, I’m pretty easy to find. I’m 6’7″ so I’m a head taller than everyone else. We can meet in the bar area around the side, and I’ll make sure I’m standing up. [:)]

    Sorry it again about the delay. If there is a problem, feel free to post and if I don’t manage to check, Phil can give me a call. He’s got my number. (That fine Phil? Seeing it is my shout and all!!!)

    Looking forward to meeting you all. Cheers

    Andrew

    Profile photo of ACTandyACTandy
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    @actandy
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    Post Count: 13
    October 13, 2003 - 8:54 am

    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

    [email protected]

    with preferences and I’ll set something up. I was thinking Wednesday night this week, or Saturday Perhaps, but I’m flexible.

    Cheers All

    Andy[8D]

    Profile photo of ACTandyACTandy
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    @actandy
    Join Date: 2003
    Post Count: 13
    September 6, 2003 - 2:38 am

    Hey Phil,

    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…

    Ill send you an email.

    Cheers

    Andrew

    Profile photo of ACTandyACTandy
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    @actandy
    Join Date: 2003
    Post Count: 13
    September 6, 2003 - 2:33 am

    Girlynd

    Thanks for the info mate. You right, its a bit too hard for a first buy. Think I’ll try the local area.

    Cheers

    Andrew

    Profile photo of ACTandyACTandy
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    @actandy
    Join Date: 2003
    Post Count: 13
    September 5, 2003 - 7:06 am

    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.

    Thanks for the input. Cheers

    Andrew

Viewing 12 posts - 1 through 12 (of 12 total)