quote: Why don’t you do gooder wannabes **** off to where you came from? Have you seen what we did to anyone who knocked wraps on the wrapping forum? We told them where to go.
**blah blah blah**
Don’t mess with the nice guys
Some people here have a moral conscience i guess – if you want to make a killing from wraps, go for your life. I…[Read more]
Interesting thoughts there Mini – the renting a palace idea is something i’m seriously considering actually – the value of Sydney real estate however makes it hard to sell my PPOR atm. After all, if i can do both, why not ?? []
quote: i will debate until the cows come home, I love a good debate (I was a champion at school so *watch out!* hehe)…
quote: hey, unfair! don’t tell me what I could or couldn’t do – if i had a mind to! and don’t underestimate me either! *you have been warned!*
Ok, in that case i’ll have two ip’s in Melboune, 2 in Sydney, 2 in Brisbane, and 2 in Nth Qld thanks… 15% yields would be good but i’ll settle for 12% if i have to… []
quote: The major problem is that it heavily favours those with equity (ie. older people generally) who have benifited heavily from the capital growth in the last few years
Not a bad point – but what about those who struggle to buy now and reap the benefits of equity in the future ??
The way i look at it, property works in cycles, this one no…[Read more]
Just to play Devils’ Advocate – I’m just wondering if any of the people so keen to do a deal on Mini’s kind advice actually do their own “due diligence” and investigating ??
Go do some of your own searching and deals like this ARE out there !!
It’s like watching lemmings to the slaughter, geez people, Mini can’t provide an excellent IP for…[Read more]
Wages aren’t massive yet – over 100k is massive, i’m working towards that amount though… []
Actually going to see my accountant tomorrow, need to spend some cash after my DA was knocked back for those duplexes… Apparently the land will be rezoned in the next two to three years so i’ll just hold on to the existing place for a while…
Pretty much what Car Lover said – marketing companies always charge to sell properties, and i’ll guarantee you 9.5 times out of 10 the marketers fee will be tacked straight onto the price of the property – and then some…
Cheers,
Paul…
“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”
If you’re comfortable with their opinions then why not ?? It’s entirely up to you of course – i personally would prefer to inspect the property myself, but that’s just me… I genuinely believe you should get a “feel” for an area yourself…
Look at it this way, would you let someone else spend 30k of your money on a second hand car without you…[Read more]
I’m not so sure why you feel “investors” should be penalised for setting up their own retirement fund ?? Or do you expect everyone to live on the joke that they call the old age pension ??
I don’t have any faith in superannuation, they’ve lost plenty of my hard earned dollars in the last couple of years. For that reason i’ve decided to no longer…[Read more]
Went halves in a rambling old dump with my old man many years ago, finally got frustrated at only owning half and bought him out at market value two years ago (110k, half of the 220k valuation) – two years later it’s worth at least 400k. That’s Sydney for you though, nothing clever about doubling your money here in the last three years or so……[Read more]