Alpine Offset anyone?

Just because a person has died doesn’t make them a saint. Perhaps some more research is in order.

For what it’s worth I think media coverage has been quite restrained.

Perhaps some of us are here to share what we have learned over about investing in real estate, in exchange for learning more from others.

I’m not being intentionally rude, but wanted to point out that in reality there aren’t a bunch of cashed up people out there waiting to hand over their money to someone with no experience or track record in…[Read more]

Not always but similar properties of similar value certainly do, and as you know there are many markets within a market. I find most of these techniques from courses overly simplistic yet held up as the holy grail of prop investing.

Sorry I can’t see why a property with problems would have a higher yield. It is more likely to have an appropriate yeild for value, so that if you fix it up it will be just the same as equivalent props in the area.

Sounds like a nice case study for a workshop rather than something for application

Originally posted by Gatsby:
Hi Anubis,
I’ve just finished reading ‘The Damage Done’ by Warren Fellows. Now I don’t want to get into the ethical/morality of someone who was caught and imprisoned for trying to smuggle heroin (ie the lives destroyed by heroin) out of Thailand, however it was an incredible book to read and what he had to endure.

Hi…[Read more]

Originally posted by Scremin:
Anubis,
you know you can get counselling from other areas than your priest.

Should have explained that it was mandatory in order for him to perform ceremony. We didn’t require any but had to have a few sessions with him anyway prior to the wedding.

Hi Rod,

At the risk of restating the obvious, I think it will be difficult for you to find someone prepared to contribute all the cash for building a joint portfolio.

What are you bringing to the table apart from time? Do you have experience in the property market?

The mythical money rich, time poor partner is better served by using a buyers…[Read more]

I think the education falls down when the “educatees” are talked down to or patronised. It’s hard to take a message seriously when the “educator” has no first hand knowledge of the topic.

It’s a bit like my Catholic priest giving me and my wife marriage counselling before the wedding. It’s part of the deal but what can he tell me about married…[Read more]

They certainly are an optimistic bunch those West Coast home buyers. Of course they have no facts to back it up with, but shucks they are enthusiastic.

Now what was that latest Green Day album called again….?

I’d be looking at who pays for what with outgoings, maintenance etc.
State of repair overall,
Historic figures for renovation i.e life of fittings etc
Occupancy rates
Try & gather info on what price similar hotel/motels sell for & rent for
$5k a month sounds good now but in 25 years it will be of far less value – maybe index it to rise x% each…[Read more]

Originally posted by ahooker:
Properties That Meet Investment Standards

Compliant Investment Properties’ unique approach will give you peace of mind when you are considering the essential elements of any real estate investment. And best of all our services are free.

This may be deemed advertising but I have to ask the question – if you prov…[Read more]

Originally posted by ahooker:
For the last 150 years, property has doubled every 10 years on average.
Ash

Source please.

Maybe the date of the article is a clue?

April 1st 2030

“I know, from reading the comments on this web site, that many Smirking Chimp readers believe as I do, that the economic tsunami planned by the Bush administration is probably only months away.

No – this sounds like rational economic discourse to me. I agree that the US economy is a ticking time bomb. Two-thirds of the economy is consumer…[Read more]

DD tool? For conspiracy theories perhaps.

Ok – good luck with your purchase Ajay

Originally posted by Dazzling:

I’m finding it fascinating this “voting for a Pope” charade by the cardinals who are eligible. The last time around in ’78, I was too young to understand, now I find it very clandestine…very ancient and secretive. The head purple PJ has apparently given a directive not for any of them to talk to the media until…[Read more]

15% is $55 a week out of your “rent”. Suddenly you’ve invested 475k and getting $315 a week in rent before you pay insurance, rates & land tax.

I have to ask if the stamp duty refund is what has you convinced on this deal?

A 5% deposit leaves you paying around $1400 per f/n on net revenue likely to be $500 per f/n. Can you afford to chip in…[Read more]

How about selling your home and moving into the Sydney/Melbourne unit as applicable? Might not be the preferred option but may save you from losing everything.

[
Once they have reached <this> stage I really don’t have any advice to give.[ohno2] Somebody, please help this person!
Regards, F.[cowboy2]

I think we shall see many more of these stories in the coming months. I don’t think there is anything we can do to help them now. It’s a lesson well learnt, but expensive.