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  • Profile photo of christobellchristobell
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    @christobell
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    June 20, 2005 - 7:51 pm

    Same here

    Profile photo of christobellchristobell
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    June 19, 2005 - 12:22 pm

    Many thanks for your kind replies

    Profile photo of christobellchristobell
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    @christobell
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    June 19, 2005 - 8:22 am

    thanks for those who replied but I am still none the wiser about what to do

    Profile photo of christobellchristobell
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    @christobell
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    June 18, 2005 - 8:00 pm

    Well..mine was to marry Tom Cruise but dam it Katie got in before me.

    Profile photo of christobellchristobell
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    @christobell
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    June 18, 2005 - 4:17 am

    Hi All…also on the same note I have recently had some financial advise on the property in question and to rearrange my finances, this will not happen untill July also. I also have a bill from the the adviser..should I pay that now or wait untill after 30th June…sorry about the confusion..cheers Christobell[confused2]

    Profile photo of christobellchristobell
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    @christobell
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    May 27, 2005 - 11:53 am

    Sad but true TMA sad but true. When I first bought the property they (The Investors Club) told me my property would double in 7 years but I didn’t think it would be back ways.[upsidedown]

    Profile photo of christobellchristobell
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    May 27, 2005 - 9:00 am

    Never Sell is right..I bought a property from them over 4 years ago and its now valued at 30K less than I bought it for..and I cant sell it.

    Profile photo of christobellchristobell
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    @christobell
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    May 27, 2005 - 8:56 am
    Originally posted by hmackay:

    Sorry forgot to mention that the Investor Club guru says “Never Sell”. What are others thought on this.

    hrm

    Profile photo of christobellchristobell
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    @christobell
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    May 20, 2005 - 11:42 am

    It sounds like a similar situation to me, I bought a lemon from the Investors Club in Alexandria, Sydney 4yrs ago when there were hardly any apartments around Alexandria and then whamo all of a sudden there everywhere. I have tried on a few occasions to sell mine but unsuccessfully. The only saving thing is the rents are increasing around there, perhaps they are around your area now as well, if can hang on for a few years.

    Profile photo of christobellchristobell
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    @christobell
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    May 17, 2005 - 11:39 pm
    Originally posted by landt64:

    Hi Clueless,
    check it out with the tax man. We inheirited a property and have been assured that we will pay no CGT if we make it our PPOR.
    Landt.

    Yes but how long would you have to live in it so as not to pay CGT?

    Profile photo of christobellchristobell
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    @christobell
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    May 14, 2005 - 10:48 am

    Robert..yes it was a Meriton syle complex although not built by Meriton..lifts, pools and all the bells and whistles with hugh body corp levies..and yes I did learn a valuable lesson, never to buy into this kind of complex and never to buy from the I.C. again.
    Resi..No commission was disclosed to me, either the support members or the Clubs.

    Profile photo of christobellchristobell
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    @christobell
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    May 14, 2005 - 5:56 am

    Bought in Alexandria..Sydney when I knew very little about property investing..I trusted my support manager.(the person that guides you and gets commission on what you buy from the club) That was the worst mistake of my life.

    Profile photo of christobellchristobell
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    @christobell
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    May 14, 2005 - 5:51 am

    Yes and I know quite a few registered nurses with healthy portfolios…they have up to 3 jobs to do so. We might be angels but we are smart angels.

    Profile photo of christobellchristobell
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    @christobell
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    May 14, 2005 - 5:49 am
    Originally posted by redwing:

    Are you a nurse Christobell ? [angel]

    As for this post..ResiWealth any thoughts on Reverse Mortgages advertised for the elderly.

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”
    Count The Currency With This Online Positive Cashflow Calculator

    Profile photo of christobellchristobell
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    May 13, 2005 - 11:00 pm

    OK here it goes…I bought my first property throught the investors club almost 5 years ago now, and despite a boom over the past 5 years. I paid 315K for it then and had a valuation done around 3 months ago and it’s worth… wait for it…only 300K now..Hope this helps.

    Profile photo of christobellchristobell
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    May 13, 2005 - 10:48 pm

    Goes to show that registered nurses are not just average people as you point out…don’t know what you do for a living but she out smarted you.

    Profile photo of christobellchristobell
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    May 2, 2005 - 11:00 am

    I can’t believe you think like that..that is so cruel

    Profile photo of christobellchristobell
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    May 2, 2005 - 12:28 am

    God bless his family and give them strength to get through this horrible ordeal

    Profile photo of christobellchristobell
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    March 29, 2005 - 11:00 pm

    A lot of people say that about the Goldcoast “how many new people are arriving weekly” but how many new people are arriving weekly into Sydney and the prices there are still dropping there. Spoke to a R/E agent at Ray White Main Beach (Goldcoast) yesterday and he said there are twice as many sellers as buyers at the moment..Hmmm..what does that tell us.

    Profile photo of christobellchristobell
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    March 29, 2005 - 9:20 am

    Hi..I use Grahame Raftery & Co at Nerang He was actually recommended by someone from this forum. He specialises in IPs..cheers Chris

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