How rich?
Just $1,5000,000.
At 5% yearly is $78,000.
Or $1,500 per week.
Nothing less will do!
bruham.

Pricedr,
As a tradesman I try to assist all the trades that I have limited knowedge of(if I have the knowledge,then I’ll do the job myself).That way you learn a little.I always offer to clean up for them,this way they give you a little more info.As a rule tradesmen don’t give away any trade
secrets.We tell you that it took five years to learn our…[Read more]

Well said Gambini,
The tenant pays for absolutely everything.And so they should.
Renting your investment property to a “renter”
is a business.The same as walking into Coles or Woolies for a purchase.They nominate a price. If you agree you buy.If not,you walk out.
Same deal with your tenant.
bbruham.[fart]

My goodness!!!! I’ve never been invited to anything in my life.
I’m the most unloved person in the the world.
Everyone hates me!
Mother-in-law is suing me.
That’s only one story.
Now Mr Steven McKnight is inviting ME to his book launch!…But the queue.. it will be as long as when they opened that new Krippy Kreme Donut shop in Sydney.Queues…[Read more]

G’day Minimogul,
The most amazing thing about you,is the fact that you are far and away in front of everyone on this forum,when it comes to intelligence.
Why the HELL would you need go to anyone’s seminar is beyond me.(Yes I’ve mentioned this before).
The last people on earth,you would believe are “seminar gurus and book writers”. I don’t go to…[Read more]

setmefree,
I don’t treat my tenants as family. I treat them as I should.Like tenants.
They pay the rent,on time,they get to stay there.
So simple.
HEY DEREK, concrete floors for everyone.

bbruham.[withstupid]

setmefree,
No you can’t tell by looking at sheets of fibro.
Some of these building experts claim that they can.
I’ve had two of these experts look at the same sheets of fibro and their opinions differed.
Treat all fibro as if it were asbestos manufactured,just for the safety first factor.
I was very lucky working with the stuff.

bbruham.[withstupid]

If you’re looking for a tradesman, try the police force or the fire fighters or the pub,behind the bar that is,any other job but not in the trade you are looking for.
Why!!! Their pay is so poor that they earn better money else where.
I’m(was)a fitter and turner,Senior foreman for an engineering company for fifteen years. Found out that I could…[Read more]

Honest,honest- honest about what! What are they going to steal? Maybe the walls.Front door perhaps.

<edited – Derek>

Misty how many PI do you have? Sounds like you don’t have many.

Mimimogul, Did you learn anything from S.McK’s
seminar? It amazed me to see you put your hand up for it.I thought your intelligence was away ahead of going to…[Read more]

I’ve worked with asbestos for years.I even worked in the blue asbestos mines at Wittenoom Gauge,West Aussie for three months.Never killed me. Damn!!!
I was there waiting for my lottery results(I won).

bbruham.[withstupid][inlove]

Sydney is a wonderful place,the best little town in Australia.Now that they play Aussie Rules(go the Swans),it makes this little town absolutely PERFECT!!!! SWANS 2004 PREMIERS!!!!!
Unfortunately,everyone wants to live in this little perfect town.Which makes property very expensive.
All houses will command prices of well over a million dollars…[Read more]

Flanno,
The stories I’ve heard of selling a retirement unit is, the management takes thirty percent of the purchase price.Plus management keeps all the capital gain.In other words, there’s no capital gain.
The only way to be involved in a retirement village is to own the whole thing yourself.That costs big money. Profits are huge. That’s why the…[Read more]

G’day M.M,
Congratulations on the JOB!
You’ve certainly done the “yards” to qualify for the position.All the best.
Gatsby is not part of your family,is he? That’s some recommenation!!
BUT….. what’s happen to all the “old” guard?
Who’s gone missing?
I don’t read much from RICHMOND these days.Big JAMIE (P) must be keeping an eye on him!!
Well done…[Read more]

This will break your hearts!
I won’t be going! when you’ve seen the best,in action,why bother with the rest.
The best is of course HENRY KAYE.
JAN SOMERS puts you to sleep, no worries!
From all those conformations,about going to the seminar, that puts just under six thou. in Steve pocket.

bbruham.
[confused2]

Hi Monopoly,
My PM fees are the same as yours,except I don’t pay any statement fee.
They know if their fees increase,i’ll do my own managing.one property divided into two, how hard can it be?
After all I only work a minimum of eighty-fours hours a week.I’ve another eighty-four hours in the week that I do nothing with!

bbruham.

Hi all,
Celivia, Monopoly, your postings kill me.You’re far too intelligent for me.I feel very humble after reading those two posts.
Yack,I drive days- three am to three pm, only on Sat.and Sundays. But you’re right, the little old ladies tip you twenty cents and think it’s a big deal! Their ride never costs more than four dollars and fifty…[Read more]

Kay Henry,
Just a thought!!!
My PPOR was purchased for thity-six thousand dollars.
Today it’s been valued at over nine hundred thousand dollars.The repayments were two hundred and five dollars per month.
If I had too pay rent on the same place,what would the rent be today?
Little Kay, it’s time for you to jump into your own place!
Your investment…[Read more]

Robo,
Stop posting, you’ve just passed me in posts.
This won’t do.I’m sick of having only one star.
The colour isn’t the best either.
As for the chair it cost three hundred and sixty five dollars, after a ten percent discount. No it’s not leather.You stick to leather when you sit in them naked.SICK,SICK,SICK.Warm cloth.
But it’s made in…[Read more]

It’s been forty-eight working days since my last day off. Yes I do count them.My record of straight working days is 123.My accrued sick days total fifty-one weeks.
The Mortgage Adviser is right, it’s nice to be able stop when(if) you feel like it.
On my last day off, I was “lucky” to find some poor cow(middle aged woman)broken down.So I got her…[Read more]

Aussiemike,
For your sake,I hope you’re right,about property prices falling. If you’re wrong you have sold your PPOR and you are renting at a cost of $104,000 in rent (two years rent).If property prices rise you are well and truly up to your neck
in the shyt.
A woman sold her house in Mosman(Sydney), intending to buy better.By the time she found…[Read more]