i reckon its a great idea. linking all the backpackers with a shuttle service. great way to keep the clients within yr system and you can get some money for the transport aswell. i reckon you would have to view the transport as an auxillary service to the accomodation. you cld buy 10 vans and have them running all the time. you cld even get one of…[Read more]

apparently the leases are great – long term, good return with first class clients. the problem is that once the lease runs out finding another tennant can be tough especially if the fuel climate has changed (rationalisation). make sure you buy one on a nice block near a good intercection. the land value alone maybe the fallback (ripe for development….)

jo – good point. the only latin i can quote are the words to the above song. we used to sing it every week at assembly, then at speech night and occassionaly when the lads get together for an ale or two.

if you think that sounds like one of those preppy movies where all the frat boys get together and sing silly songs, wearing turtle neck sweaters…[Read more]

good one marc! i actually dont know what the words mean but i sang it many times at school!! and it sings well if you know what i mean.

its the other posts that scare me!

Marc – interesting post. Send me a list of IF and THEN people that we all know – and i will consider you postion.

I do think your hypothesis is a bit basic and would only be written by someone who considers themselves a THEN person.

Personally – i think one should be flexible. A THEN person sometimes and a IF person other times. Theres a time…[Read more]

g’day – its all about being positive cashflow. ie if you have more money coming in from rent than you have going out in mortgage payments then the bank will have no problem giving you more money. so your rent needs to cover your payments. on a basic 10 pct deposit you will need approx 11 pct return to achieve this.

buy steves first book and that…[Read more]

g’day – you can buy as many as you want as quickly as you want as long as your lender will let you. first thing to do is seek advise from a finance broker and he/she can discuss your options. there a re a few excellent ones on this forum who can help you out.

as a general rule you can keep buying as long as you investment property is cashflow…[Read more]

marc 1 – i noticed you didnt sign off your last post with a LATIN quote as is your liking.

marc 1 – you make some very valid points.

and in the main i agree. my point about doctors and lawyers was that they are like everyone else – happy and unhappy. you are right that in general they are probably happier than plumbers but the reason for this is that they are afforded more status by others, than that which is afforded to plumbers. when…[Read more]

awesome scotty. very humble name – i like it!. i think the industry does send mixed signals because most of the said signals are perpetuated by vested interest groups. overwhelmingly these groups want to keep realestae prices high…

realestae in aussie is a massive industry and many people have alot to lose if the market turns sour. and this…[Read more]

sorry sonja good one patrick. actually i got the idea from an old wives tale. a couple gets a divorse but its the man that has to move out. he is a little bit bitter and on the day of leaving decides to get even. when the other half is out of the house he takes down the curtains in the living room and stuffs the prawn shells inside the cylinder…[Read more]

no huge deal either way buy maust say now im 100 pct sure your the same person. yorker you are a classic.

tough deal – ‘small minded’ – ‘move on with your life’. what are you trying to prove? im not the only one who thinks this thread is advertising!! maybe you are yorkers alter ego considering youve only made 3 posts. someone check this mans user id!!! hehe….

we talk about wanting our kids to have great or the best educations so they can becomew doctors, lawyers, astronauts etc. half of my family are doctors and the truth is heaps of doctors have social problems including drugs and drink, as do lawyers. just ask insurance companies who now charge huge premiums for this type of job (salary insurance)…[Read more]

yorker – just admit that you own there but then go on to say that you reckon its still a good place to buy. the way you have approached it has put people off rather than get them excited. no need to bullshit if your product sells itself..

nice one westan – everyone this is called due diligence.

and i think even yorker will admit that his charity was especially overwhelming. i mean letting us know on two threads not just one….

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there is however some chance that prices could still rise eventhough populations decrease.

someone can correct me if im wrong but tasmania as a whole…[Read more]

yorker – if what you say is true then your charity is amazing. if i was you i would have bought a few places first, then spread the good news. good luck.

tough deal – in that case have i got a great house for you…
in all seriousness if someone is pushing something or selling something you should check if someone has a vested interest in doing so. i tell everyone where i live is great just in the vain hope it might push up house prices. truth is me living there has probably bought down the mediun…[Read more]

yr right blacky south is close to forrest hill chase but i still reckon access to major arterials and train lines will be major issues in the years ahead. only blackburn will give you 5 mins walk to the station and to be honest for a 3 bedroom very basic house antry level in this 5 km radius would be 400k. i believe in the boxhill/mitcham…[Read more]