Forum Replies Created
http://www.youtube.com/user/benanaman#p/u/25/mvR59QEExjA
For those who want to meet Tyson…
hummorus, humourus… humourous, humorus, humorous, humourouss, hu….
funny.
Interesting… do you know what type of model it is? and how much do you want for it?
wait! I'm spending money! nooo.
(seriously how much.)
Well, looking at the median house prices in moura…. In a matter of a month, house prices doubled!
Median house prices in may were at 215'000… and in july, the median price was 400'000!
So, what makes you guys think this is going to boom… it looks like it already has, and since then, prices have fallen back to the 250 mark.
Looks like a pretty volatile investment to me. What makes you think it's ready for another boom?
Hey Olli. Send me an email and I can refer you to one that specialises in organising buying property through super. (It's what I do.)
Haha, thanks Ailime!
You are in fact one of the first people in the universe to find out, not even my family knows yet… too early to be broadcasting it… to anyone in the circle anyway!
If you wanted to see the wedding day, (which was also a pretty speccie day for me)
http://www.youtube.com/benanaman#p/u/30/b8GCS8Zztw8And just so we're still talking about property, had the keys handed over to my first house two days ago! It is a BEAUTIFUL house. I designed a little nook in the main bedroom that fits a cot perfectly.
It's all about the agent. There are good salesmen, and totally craphouse salesmen. Agents are the same, their job is to sell the tenancy, it's a sales position run by people that aren't salesmen.
I've heard this is a good guide of what to expect when raising children…
- Women: Put on a dressing gown and stick a bean bag down the front. Leave it there for nine months. After nine months take out 10% of the beans. Men: go to the chemist, tip the contents of your wallet on the counter and invite the pharmacist to help himself, then go to the supermarket and arrange to have your salary paid directly to their head office. Go home pick up the paper and read it for the last time.
- Before you go ahead and have children find a couple who are already parents and berate them about their methods of discipline, lack of patience, appallingly low tolerance levels and how they have allowed their children to run riot. Suggest ways in which they might improve their child's sleeping habits, toilet training, table manners, and overall behaviour. Enjoy it – it will be the last time you have all the answers.
- To discover how the nights will feel walk around the living room from 5pm to 10pm carrying a wet bag weighing about 5-10kilos. At 10pm put the bag down, set the alarm clock for midnight and go to sleep. Get up at 12pm and walk around with the bag again until 1am. Set the alarm for 3am. As you can't get back to sleep get up at 2am and make a drink. Go to bed at 2 45am. Get up again at 3am when the alarm goes off. Sing songs in the dark until 4am. Set the alarm for 5am. Get up at 5am and make the breakfast. Keep this up for 5 years. Look cheerful.
- Can you stand the mess children make? To find out smear marmite on the sofa and jam on the curtains. Hide a fish finger behind the stereo and leave it there throughout the Summer. Stick your fingers in the flower bed – then wipe them clean on the wall paper. Cover the stairs with crayons. How does that look?
- Dressing small children is not as easy as it seems. First buy an octopus and a string bag. Attempt to put the octopus in the bag, so that none of its arms stick out. Time allowed for this – all morning.
- Take an egg carton, Using a pair of scissors and a pot of paint turn it into an alligator. Now take a toilet roll tube. Using only Copydex and a piece of foil make a Christmas cracker. Last take a milk container, ping-pong ball and an empty packet of Cocoa Pops then make an exact replica of the Eiffel Tower. Congratulations you have just qualified for a place on the Playgroup Committee.
- Forget the Peugeot 205 and buy a carolla. And don't think you can leave it on the driveway spotless and shining, family cars don't look like that. Take a choc-ice and put it in the glove compartment and leave it there. Get a 20c piece, stick it in the cassette player. Take a family sized pack of chocolate biscuits, mash them down the back seat. Take a garden rake – run it along both sides of the car. There – perfect.
- Get ready to go out. Wait outside the loo for half an hour. Go out the front door. Come back in again, go out, come back in again, go out again. Walk down the front path. Walk back up it. Walk down it again. Walk very slowly down the road for five minutes. Stop to inspect every cigarette end, piece of chewing gum, dirty tissue and dead insect on the way. Retrace your steps. Scream that you have had just about as much as you can stand until the neighbours come out to stare at you. Give up and go back home again. Do it all over again. You are now just about ready to take a small child for a walk.
- Go to your local supermarket. Take with you the nearest thing you can find to a pre-school child – a fully grown goat is ideal. If you intend to have more than one child then take more than one goat. Buy your groceries without letting the goats out of' your sight. Pay for everything the goats eat or destroy. Until you can easily accomplish this, do not even consider having children.
- Hollow out a melon, make a small hole in the side, suspend it from the ceiling and swing it from side to side. Now take a bowl of soggy Weet-bix and try to spoon it into the swaying melon whilst pretending to be an aeroplane. Continue until half the Weetabix has gone, tip the rest in your lap making sure that a lot of it ends up on the floor. You are now ready to feed a 12 month old baby.
- Learn the names of every character from the wiggles, Postman Pat, and Teenage Mutant Ninja Turtles. When you find yourself singing "wake up jeff" at work, you finally qualify as a parent.
I've heard this is a good guide of what to expect when raising children…
- Women: Put on a dressing gown and stick a bean bag down the front. Leave it there for nine months. After nine months take out 10% of the beans. Men: go to the chemist, tip the contents of your wallet on the counter and invite the pharmacist to help himself, then go to the supermarket and arrange to have your salary paid directly to their head office. Go home pick up the paper and read it for the last time.
- Before you go ahead and have children find a couple who are already parents and berate them about their methods of discipline, lack of patience, appallingly low tolerance levels and how they have allowed their children to run riot. Suggest ways in which they might improve their child's sleeping habits, toilet training, table manners, and overall behaviour. Enjoy it – it will be the last time you have all the answers.
- To discover how the nights will feel walk around the living room from 5pm to 10pm carrying a wet bag weighing about 5-10kilos. At 10pm put the bag down, set the alarm clock for midnight and go to sleep. Get up at 12pm and walk around with the bag again until 1am. Set the alarm for 3am. As you can't get back to sleep get up at 2am and make a drink. Go to bed at 2 45am. Get up again at 3am when the alarm goes off. Sing songs in the dark until 4am. Set the alarm for 5am. Get up at 5am and make the breakfast. Keep this up for 5 years. Look cheerful.
- Can you stand the mess children make? To find out smear marmite on the sofa and jam on the curtains. Hide a fish finger behind the stereo and leave it there throughout the Summer. Stick your fingers in the flower bed – then wipe them clean on the wall paper. Cover the stairs with crayons. How does that look?
- Dressing small children is not as easy as it seems. First buy an octopus and a string bag. Attempt to put the octopus in the bag, so that none of its arms stick out. Time allowed for this – all morning.
- Take an egg carton, Using a pair of scissors and a pot of paint turn it into an alligator. Now take a toilet roll tube. Using only Copydex and a piece of foil make a Christmas cracker. Last take a milk container, ping-pong ball and an empty packet of Cocoa Pops then make an exact replica of the Eiffel Tower. Congratulations you have just qualified for a place on the Playgroup Committee.
- Forget the Peugeot 205 and buy a carolla. And don't think you can leave it on the driveway spotless and shining, family cars don't look like that. Take a choc-ice and put it in the glove compartment and leave it there. Get a 20c piece, stick it in the cassette player. Take a family sized pack of chocolate biscuits, mash them down the back seat. Take a garden rake – run it along both sides of the car. There – perfect.
- Get ready to go out. Wait outside the loo for half an hour. Go out the front door. Come back in again, go out, come back in again, go out again. Walk down the front path. Walk back up it. Walk down it again. Walk very slowly down the road for five minutes. Stop to inspect every cigarette end, piece of chewing gum, dirty tissue and dead insect on the way. Retrace your steps. Scream that you have had just about as much as you can stand until the neighbours come out to stare at you. Give up and go back home again. Do it all over again. You are now just about ready to take a small child for a walk.
- Go to your local supermarket. Take with you the nearest thing you can find to a pre-school child – a fully grown goat is ideal. If you intend to have more than one child then take more than one goat. Buy your groceries without letting the goats out of' your sight. Pay for everything the goats eat or destroy. Until you can easily accomplish this, do not even consider having children.
- Hollow out a melon, make a small hole in the side, suspend it from the ceiling and swing it from side to side. Now take a bowl of soggy Weet-bix and try to spoon it into the swaying melon whilst pretending to be an aeroplane. Continue until half the Weetabix has gone, tip the rest in your lap making sure that a lot of it ends up on the floor. You are now ready to feed a 12 month old baby.
- Learn the names of every character from the wiggles, Postman Pat, and Teenage Mutant Ninja Turtles. When you find yourself singing "wake up jeff" at work, you finally qualify as a parent.
Doesn't really sound that hard, does it.
So… why are we all just sitting here?
Can you build?
Well, there's certainly power in unity. And you said a SAHM property investing club? Now there's an idea.
Try this idea on for size. Let's just say we all got the idea that we wanted to buy a dual occupancy house (much easier to get cashflow positive that way). Get it built from scratch by a builder in a good area that has potential for growth.
What if we all got together, found a street that was newly developed, all picked a block each, and then went to the builder with our designs and said "Hey… we want the whole street, and we want 5 houses built side by side. Give us a bulk deal." Everyone is separately owning their own block, but because we happened to stroll in all at the same time and save building costs… we all get it cheaper.
Does anyone else like this idea? Start a syndicate?
So Karen, who should I talk to about getting these family tax benefits? This sounds good… this sounds very good!
ha! I thought you were a guy, Dwolfe.
My bad.
Q: How many members of the USS Enterprise does it take to change a
light bulb?
A: Six: Scotty to get on the intercom when the light goes out and say
"I canna do it, Cap'n! These bulbs are stoon dead",
Spock to tell Kirk he is proceeding illogically,
McCoy to say "They're dead, Jim!" and
"Dammit Jim-I'm a doctor not an electrician!!",
Kirk to screw it in,
and two red-shirt security men to die in the process.haha. Thanks guys.
And CGT, so Jacm, I take it based on that link, the answer to pepper is 'yes, you can avoid cgt?'
Pepper, have you considered a dual occ property?
That's what I'm doing. I live in one side, and rent out the other. Helps with the rent, and makes it easier to go down to a single income when your wife has a baby.
(Just found out my wifes pregnant with the first yesterday!)
I have been to 4 network 21 meetings….
Each time, It was by pure accident. They train their recruits to not tell people what it is until youre in front of them! I'm always looking for new opportunities, so I'm always open, but MAN do I hate the business practices of amway and its affiliated partners.
"Here I am again!!! In another stupid hype meeting!!! ARGH!!!"
Im an idiot for getting sucked in four times by four different pitches, only to discover its the same damn crap, just with a new pitch.
Heres the low down, they'll give you some truths at the beginning, and then attach their business to the back end of it. Things like residual incomes, passive incomes, trading time for money, the cashflow quadrant etc etc. All true. It's the honey that makes the bitter pill go down easier. You'll become a salesman that sees your friends as cashcows.
People cross the street when they see you coming once you join an mlm. I know I do, even when I find out that someone is in it, though they've never talked to me about it! They eventually will. I've been in sales most of my life, I'm extremely hot property to MLMers…. so I get harrassed by them once every couple of months. I've learned straight away to just NOT be polite about it.
"I hate mlm, and I'll never, ever, ever be in amway."
Nip it in the bud straight away before they get a chance to be 'friendly' about it.
I just hate being in the position where you could get into an argument about wether it's a good idea or not. If I win the argument, I've just crushed their hopes and dreams of having millions of dollars in passive income. It's horrible. This is why I avoid it.
Thats my 2 cents anyway.
Richards on the ball.
As far as the headaches go, they're more headaches for guys like Richard that has to do it, more than the client who asks to get it done. (Sorry Richard.)
It's easy enough to get a SMSF loan at 70%.
Here I go again, talking about super.
You can do a little more than just put money into your super to hope that it's going to be significant. Yes there are tax breaks, but you can do a whole lot more with it than throw money into it and hope someone looks after it well for you. If you're like most people I talk to, you may have even LOST money in the last 12 months, even though you were shoveling money into it every week. If you're scared that your super fund is going to be a total waste of time (You might live on it for a year or three at best and then be left with nothing again) then this is what you can do.
If you have 70k or more in your super, you're in a position to do something. You can leverage against your super through a self managed fund. Say you start with 100k, you can then go to a bank and leverage that up to 400k, and invest in a property with it. Why?
Well, leave your super there… 100k might turn into 200k in ten years if youre lucky. (That's assuming it doesn't go backwards like a lot did recently.)
You end up with 200k.
If you LEVERAGE it however, you start with 400k… and double it in ten years to 800k. Same thing is happening, just far better results. You start with more, you finish with more. Doesn't matter if you're the dumbest property investor in the world, it's very difficult to do worse doing this method than if you just left it in your superfund. 400k worth of property going up in value is always going to outperform 100k sitting in a managed superfund, getting chewed up by fees. This is the power of leverage.
I think the way super is currently being run is a joke. Not a funny one. Most australians are headed for an absolute disaster in their retirement, but too many people just don't see it coming, or care enough to get educated on how to fix the problem.
Look into your super. Set up a SMSF. Leverage it, invest it, triple it.
Or do nothing, and wish you had.
