sniff, sniff…smells like Scamp!

sniff, sniff…smell like Scamp!

Daedalus wrote:
Hi AimHigher,Hmmm, dear old dingo…When I went through Dingo at the beginning of the year, I tried to work out what makes Dingo 'tick'. I do this to see if I can identify the opportunity. The conclusion that I came to was that Dingo exists because it is a very old town on the highway, and way back might have been about the…[Read more]

Forgive me if I'm doubling up but I can't see if anyone asked about dear old Dingo…?Your thoughts?

Qlds007 wrote:
AHAs i say i dont want to be the bearer of the bad news.Shoot me an email with a spreadsheet of what you have basically a slightly more indepth version of what you have given here and i can come back to you with some suggestions. 

Richard!Not bad news – just advice…that I should have gotten first.  Gotta put a positive spin o…[Read more]

Qlds007 wrote:
Hi AimAgain hate to keep the bad news coming.Mac Bank have pulled up stumps in the lending market so wont be open to another IP.This sort of situation is exactly one of the many issues with X collateralising the loans together.I am suprised the Mac Bank deal was ever cheaper than what you could negotiate with Anz and at least…[Read more]

imugli wrote:
IMO you should start by getting the current IP to CF+ status – set up an offset account linked to the IP and dump everything in that. THEN start looking at your next one.

ImugliBut how do I get the IP CF+???  We're in a bit of a bind in terms of tenants.  The ones we have now are excellent.  Always on time, treat the place well an…[Read more]

Hi stay_c and welcomeI'm a newbie here too – joined in July.  I won't offer you any info as I'm not experienced enough but I just wanted to say that I think you've come to the right place.Everyone here is very helpful and their knowledge is incredible.If there's a solution, these guys on this site will give it to you.I've also visited a few other…[Read more]

ChrisThank you so much for sharing your wisdom!  We're in the research stages of property investment and commercial property is something I've just started to look into.Your information is invaluable.  We have a lot more to learn before we decide on the course of action that's right for us and your post has really lifted things.Thanks again

Scamp wrote:
It's time for me to delete my account. I wish everyone on the forum good luck with whatever they want to do. All the info you need is there. I wish both the investors and the people who wait for better times ahead the very best of luck in their endeavors. I have a new project starting and I won't have time to spend on these forums…[Read more]

harb wrote:

AimHigher wrote:
So I say to you all :Don't poke Scamp!

I know You don't really mean that. Besides, this thread is in the Help Needed !section and if Scamp doesn't need help then who does ? Wasn't there some ABC reporter on this forum looking for a story not that long ago ? How about a story about a young migrant arriving here…[Read more]

ummester wrote:
AimHigher, why can't a downturn or correction be a positve thing? Perhaps the thought of property remaining at current price levels or going higher it is more doom and gloom than the thought of the prices going down.It all depends on the majority view. If more than 50% of the applicable people in Australia currently have a house…[Read more]

I've been coming here for a few weeks now and everyone here seems to be pretty level headed, intelligent individuals who happily share their experiences with the rest of us.  For someone new to this stuff I've found your offerings valuable and enlightening and have e-mailed a few members privately and I've always been humbled by how readilly…[Read more]

I've been coming here for a few weeks now and everyone here seems to be pretty level headed, intelligent individuals who happily share their experiences with the rest of us.  For someone new to this stuff I've found your offerings valuable and enlightening and have e-mailed a few members privately and I've always been humbld by how readilly…[Read more]

Scamp wrote:
Interest rates won't fall… It's a hoax, just like all the spruiker stuff the real estate agents post. Even *IF* RBA lowers interest, the banks will keep rising them anyway, so the situation will only get worse if the RBA drops interest rates. Have a look in USA. 2% interest rates.. lol.. and we all know how much THAT helped them…[Read more]

For what it's worth, I think they'll drop the rates.  Whether the banks pass them on is another story! The RBA underestimated consumers and how quickly they would adjust ie – stop spending their cash.  I think the last rise was just that last step too far and now we've ground to a halt, which wasn't the intention.  Slow – Yes.  Stop – NO!. Giv…[Read more]

Jon Chown wrote:
Why on earth would anyone want a list of foreclosure Properties.   If you think that you are going to get any special deal here then guess again.   Try following any Public Trustee auction and you will see that in many cases they get more than the property is worth just because so many people go to these auctions in the bel…[Read more]

Scamp wrote:
You need to dig… for instance, this friday 25th July there is one at Surfers Paradise Marriott Resort & Spa for 40+ auctions in South Queensland. Most (all) of those will be foreclosures.Good luck !

Scamp.  That's great.  But when you say 'dig' how exactly do we do that?  What do we look for, where do we look? That's what I'm as…[Read more]

rudo1ph wrote:
So I've spent hours looking for these things…..where and how do you find them?  I have googled and googled, with all sorts of different search options and whilst I find lots of interesting information about the sales, I cannot find information about ACTUAL sales……so anyone care to point me in the right d…[Read more]

MichaelTotally agree on the tall poppy syndrome.  I have no desire to eat everything in sight – just to satisfy myself.  It can be a win : win.  But I agree with Milt – the media would have a field day with it.  Don't get me wrong – no one wants to see a family lose their home but if it happens and there's an investor at the ready then why not let…[Read more]