I remember when Kerry was bought in front of Bronwyn Bishop and some panel and questioned about not paying enough tax. HE said anyone that would pay u idiots one penny more then they have to is an idiot, as u guys just waste it and have no idea how to handle and control money. HE also said , he never intends to pay them one penny more then he has to. I think the panel had either 3 or 5 on it and Kerry ripped them to shreds on his own, he had no lawyers with him.
I gained alot of respect for this man at that time.
Regards Bear
Quote:
Originally posted by Still in School:
Here is a link,
Kerry Packer was also able to avoid paying any tax, actually he did not pay a single dollar to the tax man on a profit of $1.25 billion dollars.
Ges only 2 leigh , u r doing well, im getting about 3 every hour. one even had it was from the propertyinvesting.com, so be very careful b4 opening anything.
Im not sure u can compare the 2 churches. A church needs some old charactor i believe b4 it can be converted into a pub or so alike. Here in Adealide we even have a night club called The Church, and u guessed it, it was a church once in the city square that has been converted into a very popular nightclub.
I agree Mortagage Hunter , but im in SA the property is in Tassie and i was having trouble tracking down the papers, so i just thought it would be quicker and easier to give it to the agent.
How wrong i was ……..LOL, i dont think any thin shonky is going on tho , its just they seem very laid back there……….LOL
i know the tenant wants to stay, i have spoken to him and he panicked when i said i wanted to buy it that i may change tenants. I think its just slackness on the agents part to which im paying good money for and losing money actually while im delaying the settlement
I find the locals often say things like this, as I did about a developing area nearby myself full of housing trust homes that I thought were over priced. Its now a nice little area with good cp being made. I have recently been to Burnie and with my due diligence I believe it will continue to grow. I also know people that have invested there and done very very well.
I was also told Queenstown was a dump and has no CP but last year it had the highest CP then any other town or city in Australia.
Well, Bear is my real time nickname I got about 20 years. I got nicked for a few reasons, my real name is Peter and in my circle of friends there were about 6 Peters. When u hang in the bike world, it’s pretty common to get nicked. 1964 is my year of birth and when I 1st started going on the net many years ago most places the nick Bear was taken so I added my year of birth and I have stuck with it everywhere since.
Personally, I don’t think u can go wrong with Burnie, I think that place is on the go for a bigger CG hit.
Pros of land over house no maintenance bills.
Con no rent.
It’s an individual thing, but personally I think Burnie is a good place to be investing at present. Having said that u really need to do your own due diligence and make your own decision.
You and your partner are currently renting together?
Your partner is working making good money, however u are on the dole? I would be hoping c/link are not wathing this forum mate. Unless u r gay, then its ok.
Pisces explained it pretty well. From what I have seen is they usually seem to be open space to. For instance the church im looking at that has already been converted into an executive type house has a mezzanine floor into one huge main bedroom. It has a banister upon the edge to stop u walking off but u can lean up against it and look down upon the whole house basically, and is closed off with curtains only.
maybe u were just in the right place at the right time.
Thats half the trick!!!!!!!!!!
Regards Bear
Originally posted by scruffy1837:
Hi Mel,
thanks for ur response,,one main concern is that it’s 3 hours away from Melb. and my mind is telling me,,
1 with all these top gun investors around scouting everywhere how did we manage to find this place,
2 being 3 hours away leaves me over a barrel
3 if i try manage it myself ,refer to concern #2
4 it’s not like a stock where there’s always a buyer,
5 it must be a dud refer to concern #1
6 this could quickly turn into a flee
So this is the torment my mind is giving me,
Paul
1) When u want to paint find the colour u want and instead of buying it, ask the shop what the cheapest good base is, (usually not name brand) and have that tinted, usually about 1/3 of the originals paint price. Keep the tinting code for further reference and touching up.
2) Building recyclers, have every thing from shower cubicles, to roof sheeting and gutters and very cheap prices.
3)Carpets, most offices change carpets regularly as do 5 star hotels. Contact these places direct and ask them how they dispose of their carpets. Some give them away, others auction them off very cheap and in very good order.
4) Furniture, 1st class furniture from 5 star hotels are sold cheap as they change over on a fairly regular basis.
5) As well as news paper as pointed out already, cardboard is also good for gardens to keep weeds down. Old cardboard boxes broken up etc. I have even heard of people using old carpet, however I haven’t done this one myself.
6) A friend of mine once offered an unemployed builder free accommodation for work done on his house. Not only did they become good friends, but also worked out very very cheap labour and the house went from 130k to 380k in value in about 8 months.
7) When renovation offer cheap accommodation for a tenant. Some people don’t mind the mess in lieu of cheap rent.
When fence is leaning over and wood looks bent and non straightable, just get a 7 foot star dropper and put in behind the bent wooden fence post and wire wood to star dropper. Be sure to wet wood 1st and keep moist for some time, after about a year or so u can even take the stat droppers out again, and wood should be straight.
9) Steam cleaner/ hi pressure cleaner just b4 u put house on market clean all concrete around the house, as silly as it sounds I have done this for a few friends and its amazing the difference it makes. Looks Brand New. However one winter and its back to what it looked like b4, so it doesn’t last long, but looks great for selling.
10) And last for now simple things like pop up sprinklers and drippers. If selling, most people love these things, and if renting more chance of having your garden looked after. Much easier to turn on a tap and off again then to set timers and move sprinklers.