Hi Kelvin,

I would like a copy of your CoCR calculator please

Take care

Robert

[email protected]

Veni, Vidi, Vici

Hi folks,

Mainly the so-called “professional” jobs here. Perhaps we are the only ones who can afford a computer[?].
I am a mechanical draftsman by training but I have had many businesses over the last 30+ years. Truckie, gardener, indoor cricket centre, mechanic, three aquarium shops and contract drafting doing house plans and currently designing industrial and commercial steel buildings for a company in Brisbane. I work from home and have done for some years now. You really have to be strict with time management for SOHO type work to succeed-too many distractions[]

Have a great day

Robert

Veni, Vidi, Vici

Hi all,
My wife and I are “baby boomers” but not your cashed-up types. We,ve made several bad property buy and sells over the last twenty or so years. seems we had perfacted the buy-high-sell-low technique. plus a couple of “between-jobs” that the bank hust didn’t understand.
However, we now live in Esk in Qld. It’s a hour and a bit north=east of Brisbane and it is paradise. We bought a 2 bedroom qeenslander and a quarter acre with no garden just over twelve months ago.We’ve added two bedrooms, a double carport and a full front and back garden. We did all this ourselves for about $20K and added about $70K to it’s value. WE’ve built two beautiful homes as owner-builders (the only way to go) in the last 15 years only to give them away for various reasons. It bloody hurts when it’s your blood, sweat and tears in it.[]
As we have no super or rich rellies, we need to invest in a positive cash flow environment for our retitement-I’m 56 and Jo’s 57. We have REAL motivation for this enterprise so this time round we MUST do it right.
The advice and mentoring on this forum is a credit to you all. I’m sure we can do it right now. The first one’s not far away now []

Have a great day

Robert

Veni, Vidi, Vici

Let me guess… you rent it out to the “Flying Wolenders” as a holiday house? Perhaps the country Fire Authority as a mobile tower? Is it Strata Title or Stratospshere Title?
I just knew there was a trick to this game!!!
Great stuff Steve. Just what I needed after a hard day at the J.O.B.

Have a great day

Robert

Veni, Vidi, Vici

Hi all,
It almost appears to be another type of phobia-this real fear that the majority of people have of someone doing better than they are. I sometimes think that one has to actually lose something that has a significant dollar value-be it through bad luck or bad management-before they come to the realisation that if they did it differently next time it just might work.
I doubt there is one person contributing to this forum that has several IP’s that can’t look back on at least one bad experience with money.Most likely all of us have and that’s one of the reasons we’re here trying to do better this time. How many of us say “if I knew then what I know now…”
If someone doesn’t like what you’re doing or tells you you won’t succeed then THEY have the problem, not YOU.
Can you imagine where we’d be if Edison, Ford and many other great thinkers and doers listened to the “good” advice they were given? I shudder to think.
If this game was easy, everyone would be doing it. One thing I’m sure of. It’s a darn site easier than looking forward to making someone else rich and letting an alarm clock run your life.
I’ll hop down of the soapbox now.

Have a great day

Robert

Veni, Vidi, Vici

Having built and renovated the odd house or two in the last twenty years I’m a bit the cost of the house versus the cost of maintenance. The dearer ones generally cost more to maintain and the workmanship is not necessarily better. If the cheapie is starting to frey at the edges it’s generally easier to offload.
As Steve and most other “Gurus” postulate, Ya gotta network, network and then network to achieve the massive number of IPs they have. Sure it’s a hard slog in the begining but it sure as heck beats going to a J.O.B for forty-something years. Just ask yourself… would I still go to my job if they didn’t pay me? Ah well… back to the (tempoaray) grind[]

Have a great day

Robert

Veni, Vidi, Vici

Hi Mini,

Interesting statement you make saying you present your offer THEN do you due diligence. How do you structure your special condidtions to give you an out if you DD doesn’t come up to scratch and you want out?

have a great day
Robert

Veni, Vidi, Vici

Hi Motivated,

My wife and I lived in Loganlea for seven years until last year. I know a bit about the area including Beenleigh/Tanah Merah/Eagleby. Perhaps you could have a chat with the Principal of PRD Realty-Geoff Kerkow. I had some dealings with him whilst in real estate myself. He’s a genuine guy and should be able to assist you. It can be a rough area but it certainly has all the infrastructure for an IP. I know the prices have sky-rocketed ther over the last 12 months. Tanah-Merah’s probably the pick or just slightly north in Waterford. A call to Ray Swann at Swann RE would be helpful also. Last timeI spoke to him, his rent roll stood at 700+

Hope this helps

Have a great day

Robert

Veni, Vidi, Vici

Hi Folks,

Just joined the forum. So much to digest!!! Brilliant![]

If you are indeed from Qld then might I recommend Terry Ford of Howe, Ford and Boxer (32861322) Accountants and David Grant of David Grant & Associates (54261333). Both very switched on, no-nonsense professionals.

Have a great day,

Robert

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Veni, Vidi, Vici