Excellent Martin…[biggrin]

Glad that last line wasn’t at me…[chill]

Cheers,

Dazzling

“No point having a cake if you can’t eat it.”

Flip…

However,

Flop…

at the same time,

Flip…

….but by the same token….

Flop…

Geez Yidn, is it truly possible to sit on three or four fences all at once ??

Thanks Kay,

This one is easy for me….not the socially correct or aware right answer – but…definitely the money.

When in Oz, the life option kicks in.

When out of Oz for the majority of the time, life gets put on hold.

Songs like the previously mentioned Cats in the Cradle, Time by Pink Floyd, Money by Pink Floyd etc come to mind.

Sad but…[Read more]

GR….you have been a busy boy.

Let me try and understand your world…you believe that ;

1. Jenny can solve her mystery AMP credit blip by informing her that you drink single malt scotch ??
2. If she can’t figure out what’s going on – she should stop being a chef ??
3. Warren Buffett makes 72 million profit every single day and also sleeps…[Read more]

Yeah that makes sense GR…??

Jenny is having trouble renting out her IP.

I’m sure that amply qualifies her for financially and feasibly reviewing your 250 unit development project ???[blink]

How’d ya go Jenny ?? Got it rented yet ?? What is your cut off criteria…for the IP that is ??

Cheers,

Dazzling

“No point having a cake if you can’t eat it.”

>100 views and nobody has a comment?
OK, F, I’ll have a crack at it.

surely somebody is prepared to look for a hole in my simple analysis?

Yep – the glaring hole is very very hard to spot when you are way up there floating in the exosphere of official ABS stats, Govt and REI post reviews – which have all been bell curved and normalised to…[Read more]

I would like answer wich would benefit me financially the most.

Right, that’s pretty much got rid of your dilemma then….very clear that the financial aspect is by far and away the most important and working hard doesn’t come into the equation. In that case, I’d (you asked for it !!!)

1. Move out to some one bedroom hovel, rent it for $ 80…[Read more]

It’s penciled in.

Maybe we should all wear red caps with our moniker on it ??

If anyone asks me, am I Dazzling….or I go around asking…Are you Redwing ??….we’ll all probably get chucked out and sent to them loony bin.

Looking forward to this Cashflow game…never played it myself….

Cheers,

Dazzling

“No point having a cake if you can’t eat it.”

We’ve kept a graph of our overall LVR for the last 11 years, tracking it every 3 months when the VGO data comes out or when either a large payment has been made or a new acquisition comes onboard.

Initially the graph is very erratic, with the first IP sending it over 90%. With a few payments this comes screaming down really quickly.

After a…[Read more]

I agree with Abby. Checked these out a couple of months back and it didn’t look too attractive.

220 p.c.m. for 13 sqm equates to 238 /sqm/yr which is an extraordinarily high rate.

If it’s not +CF even at that rate, keep looking.

There is also alot of competition in that area for similar stock. The little thin “Guardians Storage” I think…[Read more]

Hi Stephen,

Read your other post in the Tell Tale forum and it sounds all good.

I’d be wary of jumping into the blue chips if your goal is to buy an IP at 18. What’s your idea of a blue chip anyway. I suppose a Federal Finance Minister backed Telstra 2 blue chip issue at $ 7-40 a pop is the sort of thing you’re referring to ??

I’d stick with…[Read more]

I think it’s all absolutely fantastic and for the extraordinary value offered to unlock my true potential, I am quite prepared to pay full wack…no enticing freebies for this little black duck.

I can’t wait to start putting into practice all of these wonderful techniques. I’m just bursting to breakthrough.[blink]

Email me exclusively at…[Read more]

Hi Luci,

We went down this road for a while with our extended family. It’s a can of worms wrapped up in a messy parcel of misaligned goals and conflicts of personalities.

The biggest two stumbling blocks we found were control of the JV and common lenders security.

1. Control

It made sense to have the most experienced PI’s ‘in charge’…but…[Read more]

If I was you I’d pick up the phone and make two phone calls.

One to my accountant and one to the council and you would have reliable, definitive answers within 30 minutes.

You might find…if you change your wafty “We are thinking of” to a more structured ‘business intention to build’…that a tax deduction or two might flow your way.

How much…[Read more]

Good morning Jenny1,

Maaaaaaaaate !!! I’m a bit confused with your HB pad.

So what was the lesson learnt that you speak about in the title of the thread ?? More to the point…what solution do you think will stand up to harsh tenant scrutiny.

What happened to the tenant you signed up ?? Your last post on the subject you were tossing around…[Read more]

Heya Dr X,

I gather the house won then….just for a change.

I bet you hear people all the time saying “It’s OK, we’re covered…we have insurance for that.” I always fall about the floor in stitches when I hear someone say that. They obviously haven’t put a claim in and gone up against the people that play hardball with your premiums.

The…[Read more]

Good job Rick.

The figures look a damn sight better than the place we bought in ’95. Why did you sell it ??

I hope that you and Mr Carmody enjoy your windfall. What do you intend to do with the bit left over that Mikey lets you keep ?? (Don’t take that the wrong way, I always analyse things from the standpoint of what I am entitled to…not…[Read more]

I think all of you chaps need to get down from your satellite views and general market pontifications. Sounds fantastic and all very intelligent, but what good is it to you ?? Comments about ‘the market’ and ‘stockmarket’ will rarely inflate your hip pocket. You will not find any cracking hot deals way up there.

Get down on your knees and come…[Read more]

Definitely the residential stock if just starting out.

The biggest thing to concentrate on IMO is securing good capital gain to increase your equity ASAP.

You really need to be looking at something bog standard, that will rent easily, to give you only a few hassles so that you can get on your feet – so to speak.

The two biggest advantages of…[Read more]

Hiya Leo,

Not sure if we fit your classification of a ‘normal little investor’, but I suppose our latest acquisition could be classified as landbanking.

We managed to pick up about 2 acres in the middle of Perth with structures on it that make it nie on nuetral cashflow…dunno if that then throws it out as Landbanking or not ??

What’s the…[Read more]