Total Members: 159,074

burstock

  • burstock replied to the topic investment strategies in the forum Help Needed! 19 years, 3 months ago

    Hi

    would stay away from the car space, so too storage units (not mentioned but worth a mention). If you do go the share market route, would suggest staying away from Managed Funds, or at least the larger ones as you are paying someonelse’s salary and bonus for minimal real returns (have you ever noticed how returns are quoted BEFORE fees and…[Read more]

  • burstock replied to the topic books books and more books in the forum Help Needed! 19 years, 3 months ago

    Hi

    Margarent Lomas is worth a read, she has a few books. Check at the Library.

  • burstock replied to the topic Rick Otton – Version May 2005 in the forum Heads Up! 19 years, 5 months ago

    Hi

    I agree with all of the above, well not the kerbab bit, and remain interested in knowing if anyone on this forum, or friends of people on this forum, are using Rick’s current techniques. have done some investigating since starting this thread and it all looks above board. Still however interested in discussing this with someone who is doing…[Read more]

  • burstock replied to the topic UK: Property sales at a 10 year low in the forum No Subject 19 years, 5 months ago

    would be interested to know if anyone is using wraps in WA, especially outside of Perth.

  • burstock replied to the topic 20% rent return USA properties in the forum General Property 19 years, 5 months ago

    Hi

    Find the thread “Units in US”, lots of chat in there. These guys have set up in Syd. If there is anyone in the Melb region interested in sharing ideas/ knowledge/ experience here, let me know and I am happy to assist in organising an itial meeting of minds.

  • burstock replied to the topic help needed Good Accountant in Melb in the forum Overseas Deals 19 years, 5 months ago

    Is anyone in a position then to recommend an account, preferably in Christchurch ?

    Thanks – B

  • burstock replied to the topic Lions Tour of NZ in the forum Overseas Deals 19 years, 5 months ago

    M

    From experience of their last tour here, they will be noisy if they win the first game, but it gets quieter as the tour goes on….

    Know that true All Blacks will back anyone playing Aust, and whilst usuually the same here, I hope you spank those boys all the way home, especially with 7 to 10 brits in the side. World Cup holders, true, but…[Read more]

  • burstock replied to the topic Investing in New Zealand in the forum Overseas Deals 19 years, 5 months ago

    Hi TrishClark

    New to this so forgive me. My partner and i are torn between Melb in CHC at the moment, each of us having family in both cities. We are also very interested in positive geared property and you r experience and or service of finding properties is of great interest. I will be in CHC (sorry for the abrevagtion)the first week of June…[Read more]

  • burstock replied to the topic The benefits of property developing in the forum Value Adding 19 years, 5 months ago

    Hi

    I’m also from Vic and have seevral questions re land tax, so if anyone knows where I can get answers, that would be excellent. Thanks.

    Vicgirl, interesting that you think land is cheap at the minute, have to admit that I have not looked too closely as following Mike yardley and the Wakelin’s, I have been looking in the 5-15km radius from…[Read more]

  • burstock replied to the topic The benefits of property developing in the forum Value Adding 19 years, 6 months ago

    I’m sorry, I can still not see how you can live on a LOC secured against a rising property protfolio when a LOC requires a payment each month, which in turn requires a cash flow….. am sure I am missing something here. However is my first post, am here to learn. Also understand how a lender will lend 80% on value, but given that rent will not…[Read more]

burstock

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