Dazzling replied to the topic having trouble in the forum Finance 18 years, 8 months ago
No corners necessary GR….
Thanks Terry.
Dazzling replied to the topic having trouble in the forum Finance 18 years, 8 months ago
Dazzling, I remember a certain person came to me looking for a better rate. But they wouldn’t have been able to move without great cost and hassle due to their loans being crossed collateralised.
Thanks Terry. Let me refresh your memory. Yep – that certain person was me. I was looking for a better rate, prudent I thought at the time to do due…[Read more]
Dazzling replied to the topic having trouble in the forum Finance 18 years, 8 months ago
Steve / PK,
I have read quite a bit on the forums about the dangers of X coll, and believe me, we are X coll’d up the Wazoo, but so far we haven’t been restricted or come across any nasty restrictions that is inhibiting our future investment borrowing.
What nasty things can actually happen if your finances are tied together like a ball of string…[Read more]
Dazzling replied to the topic I need help please! in the forum Help Needed! 18 years, 8 months ago
Or why not buy one decent IP for 500K and attempt to attract a better class of tenant….
Dazzling replied to the topic commercial property in the forum Creative Investing 18 years, 8 months ago
all one has to do is find a high income tenant
Absolutely 100% correct…..however, that is far easier said than done. Negotiating a high yielding long term lease is pretty onerous, especially with a tenant who is actually going to look after your investment and treat it like a serious place of business.
Dazzling replied to the topic just quickly in the forum Help Needed! 18 years, 8 months ago
No, never…..but then I’ve never bought anything at auction.
Dazzling replied to the topic An article on attitude to debt. in the forum General Property 18 years, 8 months ago
Nice note Simon……
So….what date has the publisher given for the final manuscript to be delivered by ?? [biggrin]
Dazzling replied to the topic NZ Commercial – is there interest in the forum Overseas Deals 18 years, 8 months ago
Nigel…..I’m not sure it’s a case of being smart or not…..else all of the Uni professors would be the richest in the land….and clearly they are not. The wife and I are some of dumbest and least experienced comm. investors around…..but then despite what the guys in suits would have you believe, we don’t think it’s rocket science.
We…[Read more]
Dazzling replied to the topic NZ Commercial – is there interest in the forum Overseas Deals 18 years, 8 months ago
Cheap commercial deals are only as good as the tennant.
We don’t agree with this. The land component has intrinsic value, regardless of the building and the tenant. A poor tenant is very easily rectified, a small land component is not.
Having purchased a few commercial properties with purposely absolutely shocking tenants (to buy them…[Read more]
Dazzling replied to the topic Tenant wont pay rent – how to evict?? in the forum Help Needed! 18 years, 8 months ago
I am hoping for a few handy hints here on how to evict.
OK, here’s my two handy hints…..that most people always ignore ;
1. Never hitch your wealth aspirations to people’s private lives – by definition….you cannot control that whole machine of emotional nonsense and non-businesslike fluff that the tenancy tribunals always put before your…[Read more]
Dazzling replied to the topic Quitting Your Day Job in the forum Opinionated! 18 years, 8 months ago
Thanks Rick….I appreciate your feedback.
Dazzling replied to the topic Quitting Your Day Job in the forum No Subject 18 years, 8 months ago
Oh dear Rick…..those promises are coming home to roost…how did you remember that ???[ohno2]
Yep – April ’07 is the date, but with the activities of late that goal may come forward a tad.
In reality, we could pull the pin now….but it’s that level of comfort that is sort of open ended. Once again, it’s all to do with your frame of…[Read more]
Dazzling replied to the topic Quitting Your Day Job in the forum Opinionated! 18 years, 8 months ago
we work at this non-stop because we feel that it is the way to reach our financial goals. Start with having a look at what you hope to achieve. It is not easy spending every spare moment doing this. But I am prepared to give up my time now and buy it back later when we are a success!
Excellent attitude…..you’ll easily get there with that…[Read more]
Dazzling replied to the topic Perth Pricing just Stupid! in the forum Help Needed! 18 years, 8 months ago
My sister and her husband, who reside in Sydney, just flew into Perth last night and are scheduled to fly back to Sydney on Tuesday morning. Their intention over the weekend is to purchase another house and evict a scabby residential tenant who is 5 weeks behind in his rent…..no surprises there !!!
The reason they came across though, is that…[Read more]
Dazzling replied to the topic Why Big Business Don’t Buy Premises? in the forum No Subject 18 years, 8 months ago
Because ultimately the accountants run the show. Have a squizz at the Balance Sheets of major companies and the “Property, Plant and Equipment” line. They are forever trying to get these down to a minimum. It’s a non-current asset.
I’m not saying it makes any sense at all, and it’s only been trendy for the past couple of decades……probably…[Read more]
Dazzling replied to the topic Doubling the worth of your IP in months in the forum Creative Investing 18 years, 8 months ago
Oh, very droll Simon….nice touch….you’ll have to teach this IT dunce how you do those whizz bang things. [dunce]
Exploiting the Moderator privileges to further the play on words….good for a laugh…..I’ll leave it up there for the amusement of others. [biggrin]
Now back on topic…..where’s Pickworth and his “multi-deca” experiences ???
Dazzling replied to the topic Doubling the worth of your IP in months in the forum Creative Investing 18 years, 8 months ago
pardon me, I pressed post too early!..[blush2]….. as I was saying
R.O.F.L.M.A.O. [lmao]
Is that what’s known in the IT world as a “pre-mature communication” ???
Excellent question yidn, I’m sure people highly experienced in CIP’s like Pickworth and Simon can answer you.
From my perspective, I believe one of the most value adding…[Read more]
Dazzling replied to the topic Doubling the worth of your IP in months in the forum Creative Investing 18 years, 8 months ago
pardon me, I pressed post too early!..[blush2]….. as I was saying
R.O.F.L.M.A.O. [lmao]
Is that what’s known in the IT world as a “pre-mature communication” ???
Excellent question yidn, I’m sure people highly experienced in CIP’s like Pickworth and Simon can answer you.
From my perspective, I believe one of the most value adding…[Read more]
Dazzling replied to the topic Doubling the worth of your IP in months in the forum Creative Investing 18 years, 8 months ago
pardon me, I pressed post too early!..[blush2]….. as I was saying
R.O.F.L.M.A.O. [lmao]
Is that what’s known in the IT world as a “pre-mature communication” ???
Excellent question yidn, I’m sure people highly experienced in CIP’s like Pickworth and Simon can answer you.
From my perspective, I believe one of the most value adding…[Read more]
Dazzling replied to the topic cant find???????? in the forum Help Needed! 18 years, 8 months ago
I must apologise to tamtam…..sorry matey or matess….most careless of me…..ol’ Simon must be having a heart attack at my clumsiness. [blush2]
Those wickedly naughty hostesses on Emirates just kept plying me with that horrible Dom champers and my elbow just kept bending, despite the resistance “No, no I kept saying, that evil spirit in the…[Read more]
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