I cant really say much with the public trustee involved, maybe you could talk to them?

Given you are already a confirmed owner with a share of the property, you therefore would have some equity.
Assuming there are 6 this would be 6/300 50k each.

so you technically already have the deposit. You say you cant borrow anymore, but maybe if the bank…[Read more]

you know what I have found
most people dont talk about their losses
like gamblers, they say, oh I just won $100! but they dont tell you what they lost before it.

and as Simon says: he may well know lots who have made money, I also know lots who have lost, but as I say they dont brag about that aspect..
cheers

Elves
cheers

isnt it economics watson dear?

Supply and demand
if there is no demand, the supply is worthless in my books.

you can promise the cure alls…but will it fix the ailment? Supplying the land or development doesnt necessarily guarantee the project or profts.

many have been burnt like this…

cheers

Elves

60k?
lol then I will make you sick when I say my ex’s parents sold theirs for lewss than a third…
ouch!

Property in NSW is a broad subject.
what you should invest?
only you can determine this.
If you want positive cash flow….do the sums for the property you are looking at.

I cannot offer any other advice

cheers
Elves

I posted to another forum on this (well some parts anyway)
1) search the web for investment clubs
2) there are mags out there
3) there are books available (a few women did this on one of those current affairs programs so do a searhc on that.
4) ask your accountant
5) you need to decide, no one can do it for you.
6) structure is needed
7)…[Read more]

Thanks for your response Sandy
Goodluck to all, I just cant afford the fees
why doesnt anyone run something that isnt so expensive for many people out there that want to try, just cant afford the cash.

cheers

Elves

ditto ditto
equity in my books, too easy to be a paper millionaire (with debts), just about two properties where I am now.

you can of coourse go and search the ato website
you can also subscribe to newsletters for updates.

elves

I know people that have lost on properties having to sell for less than they paid, so yeah they lost.

any risk has pitfalls, and if you play this game, you have to be prepared for any loses

the figures I see still tell me shares hold the better return, must be looking at the wrong years! oh darn!

Elves

I love shares and property among other things!
my damn browser! i cant use the faces, it wont work.

anyway, many shares are down. So not the time to sell anyway (the ones I have). Shares are volatile, but offer quicker wins (shall I say that? I mean buy and sell in the same day wins)- then you have to look for tax if you are a share trader or…[Read more]

Hi

Termites are natural in many areas, there is never a guarantee that there is none in a house.

I guess it depends on the area and the price, and for you it seems you want it, so go ahead.

I pulled out of three properties with termites, but the reasons were not the termites per se it was:

1) the close proximity to the house of the trees (one…[Read more]

once not wanted.
My inlaws had land there many years ago, they sold, bet they wish they hadnt
elves

you should have undecided.

NO

it is like anything, set it up right at the beginning…

just my thoughts anyway

I wanted to form a property syndicate with people I knew.

First steps in my books:

get the people
set ideas
work on a plan- goals (you might find you have differing agendas)
work on the details
sift out the drift wood
organise, task and research
Then take it further if you think you can make it work
a contract is a must- or legal set up

This…[Read more]

great list

maybe what I learnt from here:

we dont all have to agree

there are many ways to reach a goal- gotta have one first though

elves

Personally, I deal with the nasty side, where what if’s occur. I dont advocate putting a property in one name.

You can argue in court that it was bought by both and you were married etc…if there was a bust up and there was a mortgage….the bank goes after …..

If someone dies?

Sorry but there are so many personal issues you need to…[Read more]

I drive from Sydney to Brisbane every two months, once I was doing this every two weeks- getting too old! and working at a regular job.

My drive with loo and coffee breaks takes 12 hours, I used to do the Syd(well a little west) to Gold coast in 10 hrs. I hated the trip from Woodburn to Coomera, it felt the longest drag of all. But then I have my…[Read more]

For all thanks for the great read.
For Sis, I like what you write
For everyone, someone wrote….I am not in this world to live up to your expectations, and you are not in it…to live up to mine, I am I and you are you….Frits perls I think…

How about everyone agree to disagree? if that be the case..

Sis, I was in busines many years and not…[Read more]