Last property I bought, I got a private financier to help out (although you have to know someone, or know someone who knows someone).But there is such thing as being over exposed if your friend already has debts… ie – what if the property market goes south – and the total value of his debts is greater than the total value of his assets?

RichardRoper wrote:
Thanks everybody.DK I found a glossary on this site but it didn't work.Maybe we should lobby to have it fixed?

What was the link?Post it up here when you get a chance. I e-mailed Goldie (the tech brains behind PI.com) to let him know about the problem, but your link will help him to pinpoint it.Brent

Hi Cherry ProI think Investment Detective (Steve McKnight's deal analysis software) runs for a limited amount of time on a trial basis (or at least it used to)Check it out – https://www.propertyinvesting.com/iddownload I'm a big fan (although I'm a bit biased) For $199 to buy the full version, it's cheaper than similar software – and if you think…[Read more]

I went to school in Dandenong North. I still have some friends who live there.

Compared to Dandenong, North Dandenong is pretty tame – a lot of average folk – people with jobs, kids, mortgages etc. Thinking back to my friends’ parents’ jobs, they were teachers, nurses, accountants, factory workers, delivery drivers..

But like most suburbs, there…[Read more]

What a great prize!

Will you be posting up the winner’s story here too?

Brent Hodgson Copywriter
Web Design Melbourne

Originally posted by Terryw:
Just drive an old bomb, and keep your cashflow clean and borrowing capacity clean

This is what most successful investors I’ve met seem to do.

Brent Hodgson Copywriter
Web Design Melbourne

Originally posted by Hutch:
If anyone else has a great Steve/Dave story or “thank you” (I’m sure there are many)…………….post it here.

I’ll post a thank-you and a story in here.

Thank-you to Steve and Dave for giving me my first job, and for the time and patience you invested into me over the 4-and-a-half years I worked for you b…[Read more]

A new PropertyInvesting.com forum is being planned out behind the scenes right now.

In fact, the RESULTS Program Participants are part of a ‘beta-test’ of this new platform.

Our current forum infrastructure is several years old – which in web terms is about 70 or 80 in human years.
Plus, due to the growth of PropertyInvesting.com’s membership…[Read more]

Hi Guys,

I wanted to set the record straight about Virtual Kick-Start, and what resources were and weren’t included from the R.E.S.U.L.T.S. Mentoring Program…

The resources from the Mentoring Program which were contained in Virtual Kick-Start were mainly surrounding the topics of Goal Setting and a Case Study, and included:

Goal Setting…[Read more]

Originally posted by redwing:
I agree with the above, but why ruin a good story?

I’m sure you also wouldn’t want to be advocating paying backpackers “cashies” to help demolish a house..how about insurance (amongst other things)[wink] if the backpackers got injured on-site?

I think the story was for illustrative purposes only and to get a message…[Read more]

Thanks for letting me know about this.

I’m making the necessary changes right now…

Brent

G’day Redwing,

Thanks for your post.

Unfortunately, we don’t have a facility to upload custom pictures at this stage.

We decided against it because of storage issues (ie – how much hard drive space we’d need to potentially store 42,000 individual avatars), censorship/inappropriate content issues, and also the possibility for malicious computer…[Read more]

New smilie added – [chill]

Brent
Your Friendly PropertyInvesting.com Admin

Hi Calvin,

Unfortunately the archive is only kept around for so long. By the sounds of things, those particular posts have been deleted by the forum system.

Brent

Hi Dan,

It’s a great suggestion, but because of ASIC’s requirements of people making public offerings (among other issues), it’s potentially very dangerous territory and something we like to keep clear of.

It’s these sorts of issues which lead to our decision not to allow advertising on the forums.

Brent

Hi Paul,

Unfortunately, we don’t allow people to upload files to PropertyInvesting.com because of the potential security issues (ie – someone accidentally uploading a file which contains a virus, etc).

However, if you’re able to upload your Excel Spreadsheet to another web-site, you can link to it.

Warm regards

Brent Hodgson
PropertyInvesting.com

I think Invercargill has mailed its weather to Melbourne..

What the heck is going on here? Isn’t it supposed to be SUMMER here?

As for Invercargill, sure it’s 31 degrees, but isn’t there a wind-chill factor of -30 degrees there anyway?

Hi Dave,

The benefit of a high CoCR is leverage, and in many ways CoCR is just another way of saying “Bang for your buck”.

Assuming you have limited funds at any one time to ‘play’ with, CoCR gives you a yardstick which you can use to compare deals and find out which deal gives you the highest comparitive return on cash invested.

In this case,…[Read more]

From memory, I believe this figure was sourced from the ABS.

Brent

lol – slurping…
hrmm. that gives us an idea *kidding*

The site counts people online in a particular time-out period (I think it’s 20 minutes).

If you’ve been online for 20 minutes and not clicked anything, it judges you to be no longer on the web-site (hey, some posts are pretty large – it takes at least 20 minutes to get through them, let…[Read more]