Law & Order, the original and The L Word, seems to be missing this week! Damn conservatives…

Flat= Un-subdivided apartment, you cannot purchase seperately
Unit= Stand alone dwelling, or may share a common wall, not usually in multi story complexes etc. There may be 10 units on a big block of land, not on top of each other.
Apartment= Usually in a multi story complex, but can be bought seperately, it’s been subdivided.

In a rental…[Read more]

Great post Russ, as I am now also a non-smoker I have also turned my attention to losing excess weight.
I’ve cut back drinking fatty drinks, like cordial, soft drink etc and as they are loaded with sugar i expect the weight to fall of dramatically.
The reason I drank so much is that smoking left such a crappy taste in my mouth, I had to get it…[Read more]

Why dont you buy a property on the ‘block’ in Redfern. You’d have less of a chance of it getting blown up or torched![biggrin]

Try REMS (Real Estate Management System) by Dolf de Roos. This is good for property management etc. With the wrap software put a post in the Getting Creative bit if you dont get any replies here.

Hope this helps, G7

I’m not even sure if you actually own the apartment, just the freehold like a business. You just own the right to recieve the income from the lease, not the floors, walls etc.

Beside’s I’ve seen lots of ads for hotel apartments returning much more than a dismal 6%

Hope this helps, G7

Give it to me, give it to me!

Dont rush it, read as much as you can on different investment vehicles, not just property and I’m sure you’ll figure out soon enough what is the best course to take personally.

Hope this helps, G7

I also read the BRW today and I think it is essential reading for any investor. Aussie Rogue did well by mentioning it, I reckon these guys have the future of the market pretty well picked.

For info on the State Trustess go to their website http://www.statetrustees.com.au It details how they operate and all that interesting stuff they do, riveting reading.

Sounds good, why not flip it to another investor happy with a 5% return?

No this is not a wrap, it is a flip. Unconscionable conduct, yes on the vendors behalf, unconscionable stupidity, yes on the buyers behalf.

When you do a wrap should you ALWAYS be frank with the wrappee and explain how much you actually paid?- No, why should you?

Yep, spot on. All ords reached record high today. Over next few years time for investors to re-group and expand for the next property boom about 2011.

Oh by the way, watch the gap between the rich and poor widen. ie- watch the middle class dissapear.

Yes you should definately invest. Do a bit more research, not just on property, and soon you’ll probably have a method or vehicle that is right for the both of you.
It sounds like you guys are in a ‘gold mine’ of a financial position at the moment, you could really amplify your situation into millions. I’m sure there would be many on this forum…[Read more]

Hey guys, thanks for all your stories and that it’s helping me a lot and obviously others too.
It’s been about 2 solid weeks on the patches and I can say that I’m pretty sure I’ve broken the habit. I have one here and there just to tide me over, but usually only because I’ve cracked the shits with something or someone.
Almost given up a couple of…[Read more]

Thanks Kay, I really appreciate your detailed response, it was a great help. There’s only one problem though…

I’m 22 not 42 [blink], how did that happen, I never entered my age on the personal details bit, but anyway Kay you’re ahead of your time by 20 years, what are prices like in 2024?[tongue]

Good on him! [biggrin]Also what state are you in and what are the fees for moving a house $500 per kilometer etc. – I have no idea. I’ve got relly’s that are very interested in this method and your feedback would be great appreciated and immensely valuable. Thankyou. [thumbsupanim]

G7

Yeah, good question, I am also very interested in the Wrapkits portability!? eg- usable in Qld?[jealous]

What a great post, I thinks it’s important to reconnect with all the fluffy stuff once in a while. You know “I’m a winner, I’m a winner”[thumbsupanim]
G7

Thanks for your reply Melbear, but I’m not in that situation, I’m on my own, what do you and others reckon, buy PPOR and accumalate or rent and accumalate?

G7

And convertible[angry2]

[thumbsupanim] G7