I wouldn’t say it’s my favourite saying or quote but one that I and I’m sure others can relate to.

When one door closes, another opens; but we often look so long and so regretfully upon the closed door that we do not see the one which has opened for us. – Alexander Graham Bell.

Here’s one I do like.
“as much use as an ashtray on a…[Read more]

FireCaesar, apologies again, I guess I should read things more thoroughly before I comment, I was just skimming through the thread.
Cheers,
Doug

Sorry Maynard I meant FireCaesar.

Derek,

Don’t you mean Maynard is extolling the virtues of PIPS as Alibaba was saying he was trying PI.com as in propertyinvesting.co since he read Steve’s first book which he thought was great.

Doug

C.K.
Mmmmm…..WAppers, I like the sound of that.
Cheers,
Doug

C.K, Scremin and other fellow forumites from WA lets get a meeting organised.

Meeting once every two months would be pretty good, I suppose we can discuss that at the first meeting.

Cheers,
Doug

Happy new year all,

Mt. Lawley, WA since 97, great suburb to live in.
Spent six years in Karratha.

Cheers,
Doug

I stumbled upon the “Peter Parker Online” website today which has an Investing section.

Plenty of PI book reviews there, go to http://www.alphalink.com.au/~parkerp/invest/book.htm

Also dozens of other excellent links.

Cheers,
Doug

Mad-Cat & Billy,

Last night I drove past two blocks that were side by side in Nth Perth, each block had a fairly old house and on each “Auction” sign it had “Triplex Blocks”, so as Billy said it’s always land value on these large blocks with older run down houses.

Actually all around Nth Perth, MtHawtorn and Mt Lawley they are cramming 3 and 4…[Read more]

Blondie,

It’s worth reading all the posts on this thread.
Some good advice to be had and also some heated debate from the big guns!

Mini’s major post was awesome.

This thread has made me think twice about the type of IP I want to start with, originally I wanted something close to where the new rail line is going to be south of Perth, but…[Read more]

Hi markk,
Check out her website, you’ll find all her book titles there.

http://www.somersoft.com.au

Cheers, Doug

Hi Spider,

My wife and I lived in Karratha for 6 years, which we enjoyed.

We passed through Roebourne many times on the way to Point Samson, Wickham and Port Hedland.

FYI…the pub in Roebourne has the tables and chairs bolted to the floor and they hose the pub out after closing time!

From memory there were a couple of well presented houses…[Read more]

Did anyone see the the programme called Insight on the ABC last night? (in between reading one of Steve’s books and eating dinner I saw bits and pieces of the show) It was a live audience debate about the rising credit card debt in oz.

I personally believe that the majority of people know the consequences of over spending but just can’t control…[Read more]

Derek,

Thanks for the reply.
I could have explained our circumstance a bit better. Our total debt is 390K, the mortgage is 290K and the equity loan which started at 60K is now 90-100K. The equity loan is made up of various investments where the dividends paid quarterly go towards paying off the mortgage.

We are comfartable with our repayments…[Read more]

Hi all,
I’m also looking for start up help.
My wife and I are looking to invest in positive cash flow residential or commercial property.
This is our situation:
Combined income $100K.
Our home is valued at approx $550K, we owe $390K, this includes home loan and an equity loan we have.
Our house is bigger than we need.
Should we downsize or keep…[Read more]