Ahhh Wealth…………..happy are we the investors.

There is no shortage yet. Give it a couple of years of tight lending, low construction approvals (not in my backyard councils) and just a general lack of forward planning from the govt and there will be.

Inner ring suburbs in Melbourne, everything is under offer. Most suburbs are selling the majority of properties via auction and many suburbs you can watch the asking price go up by the week. There is plenty of demand. Seems to be a lot of people scratching their heads………………………."duh, dunno where all these buyers are coming from" Well DUH! People see buying a house as a safe bet, they need to live somewhere, most people's shares and super are in the toilet etc, etc, etc.

Wealthy, what's PDS live?

I'm pretty sure I've found my next area. I won't mention it on here or I'll have to fight it out with everyone AND their dog.

LOL@UW4L

I'll just use an x from now on!

X

Hehe!

JV all the way. JacM you are a lovely patient person. Always so reasonable.

Stop trying to buy where you live salmon. I bought a property for 128k 2 hrs from where I live. Sure its a dump, sure my tenants are well, male. Sure grubby all round but hey it will just pay itself off, and if in a couple years I see any capital growth I will sell that dump faster than you can say Fibro shack.

But someone wants to live there. Better yet that someone pays me $180 a week to live there. And they may eventually want to buy the property and then we will have a nice arrangement.

Square = You + Outside.

D

Heheheh! I think we have all become a bunch of cynics awaiting the next spam attempt!

D

You're not in Kansas anymore…….

D

Yup, I got forwarded that email.

Ahh well there are some who will get taken in and unfortunately they are adults so what can you do. She was a good speaker at the conference and you can see exactly how she has built her empire. Doesn't mean I would buy what she is selling.

Wealth did you just get that pretty little add on to your name?  

D

Hi all,

I'll bite. Personally I've signed up for RESULTS (I'll let you know how it goes). And before you slam me for being weak minded and needing someone else to do my homework, that is NOT the case. I signed up to meet like minded people as it seems to be very hard to find people who think investing and risk are good things.

You must have gone to a ripper high school and I would love the name so I can send my kids there since you have picked up so much investing knowledge. You must also know everything and be a very wealthy person, not having to spend anymore money on education or being able to gain anymore investing education.  I love the internet, I love free, but sometimes you need to spend a buck or two on gaining more knowledge. Also most people do not value anything they get for free.

A person would still need to take the due diligence steps you have outlined above as well as educating themselves.

Asking for a mentor, especially on a property investing forum is not a crime and there are plenty of people who would help out and be happy to meet and blather on about about property investing. There have been many meetings that have sprung from this forum especially in Melbourne.

Good Luck Melbproperty, always check everything and everyone thoroughly and you will do fine.

D

Thanks juvanix for posting something that really didn't help euro73 with his problem.

Spruik off, or better yet if you are legitimate (look it up) then get back to us with something that helps people rather than sells your product.

Bye, Bye.

D