A case of beer or a bottle of red says someone from this forum will buy that place within a week… []

The lemmings roll on relentlessly…

Cheers,
Paul…

“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”

What was the prime motivating event in your life that created a focus on the need to invest?

A dodgy stomach bug. Screwed me around for over two years – I’m finally getting better but it made me think i should set myself up for later in life just in case…

What have you in fact done about it since then, and rate your achievment.

Renovated my…[Read more]

Hey Phil, good to see you back, i hope you had a great week away… []

Child Support is a passion of mine as i am the only unmarried guy in my circle of friends. Unfortunately i have three mates who have felt the wrath of an ex in relation to child support and i have seen just how screwed over a guy can be…

Maybe that’s why i’m over 30 i’m…[Read more]

quote:i’m interested to see how many of you guys are planning to buy in Australia in the next month

Not me… the eyes are still open, i guess it would just have to be a pretty good deal though… []

Cheers,
Paul…

“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”

Hi, thanks for the carefully considered response.
If you can cast your mind back a week or so (i know you’ll struggle but just try it [] ) you may remember having a shot at well respected members of the forum – not a real good way to start here was it ?? (Of course i’d like to point out that i can’t quote your original posts as they were so…[Read more]

My parents place in ’99. Huge 5 bedroom 48sq two storey place in a nice suburb in Sydneys south west… Inground pool, seperate fully self contained granny flat (easy $140p/wk income) it’s got everything – i could have had it for 285k. At the time my parents were asking 335k through an agent and it never sold. I couldn’t quite afford it as i had a…[Read more]

quote: Point taken Paul, i don’t want this to get personal,
Fudge111

It’s all good. No problems here… a bit of “spirited debate” never hurt anyone though… []

Cheers,
Paul…

“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”

quote:If you can’t live off 70k on your own allbeit with a little child support to pay, then you are one of those people who choose to be poor, if i were on that salary i wouldn’t be complaining at all

Mate, i know this is going to sound harsh but you are kidding right ?? What do you know about paying child support ?? Do you actually know what…[Read more]

quote:I think the rich should just be happy they are well off and not be greedy

Who says those in the top tax bracket are rich ??
I’m certainly not !!

Sorry but your thoughts seem a little too simplistic for my liking. Is it greedy for people to want to earn more ??
Let me give you a great example – A mate has three children with his wife. At…[Read more]

C2 – Good point but sometimes it’s difficult not to leave. The last area i worked in was brilliant, the guys were great, the hours suited me perfectly (run your own race basically), and the actual work was enjoyable and rewarding…

Unfortunately the “boss” if you could call her that was a useless fool with no idea of how things worked. She had…[Read more]

The talk of higher income earners having to pay more is a bit rough in my opinion. Why should they be punished because they want to work harder and/or smarter ?? []

I think all overtime over your base salary should be taxed at no more than 20 to 25c in the dollar.
If this was the case i’d happily do a day or two of overtime each fortnight, but at…[Read more]

quote:Paul, why are you only a little fish?

Mel, that comment was sort of tongue in cheek – I’m just jealous that you’ve already done what i’m aiming to do !! []

I honestly think that 20% deposits are a great idea in the current market but i intend to choose very carefully. I’ve done probably 12mths research into various areas Australia wide…[Read more]

Thanks for the offer… i may just take you up on that !! []

My friend is looking around the Bay of Plenty area – he just sent me a local real estate magazine and i’ve been pouring over it and doing a few sums… It certainly looks like a nice area – perhaps just on the wrong island in the “value for money” stakes… []

Cheers,
Paul…

“I want…[Read more]

quote:Yeah, your right about that

**edit** Damn, crashy beat me to it !!

Ok, i’ll rephrase it – Jaffasoft, in case you hadn’t noticed this forum is for people interested in property investing…. My niece tells me Hi-5 have a great interactive website, perhaps that would be more appropriate for you to join ?? []

Cheers,
Paul…

“I want to be…[Read more]

LOL !! Thanks westan, i did pick your brain via a few emails not so long ago remember ?? []
Thanks for the offer too, i guess if you were female i’d consider it… I thought Mel was keen but i’ve just read her life story and sheeesh, i’m a little fish in her pond !! []

What what i do ?? Hmmm… well, this is “hypothetical” right ?? []
I have a…[Read more]

Hi Tony…

A nice kitchen and bathroom do it for me everytime… []

I know most people will disagree with me here but the way i look at it i renovate to a style that i know i could happily live with. That way i know tenants would gladly rent the place as i’m not overly fussy but like a nice “homely” feel…
I’d never rent a dump so as a landlord…[Read more]

Mel, i’m getting more and more impressed with each post !! []

I’m only in the hole for 100k atm, and damn i sleep well at night… []

While we are talking “hypotheticals” if someone had a lazy 300 – 400k in equity and say 90k a year income (single guy, pet dog only [] ) just how much would the banks lend such a person ?? []

And more…[Read more]

quote:You are right for above comment. but..
what made you think about the comments below???

As Mel said, relax, it wasn’t a shot at you… []

I made a post not long after i joined the forum and a smart ass long term member made a few disparaging remarks – At the time i didn’t really appreciate it that’s all… []

Cheers,
Paul…

“I want to be…[Read more]

Steve, give me a buzz and i’ll pass on a few tips that might help… []

I was suprised to see you in here by the way !! []

Cheers,
Paul…

P.S. Send me a PM via PF if you haven’t got my Telstra number, i cancelled my Optus one…

“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”

quote: You are right , a lot of forumites are reluctant to voice their opinions because it seems that they have to break into & ip type club before they can benefit from the forum. The forum was set up to help all investors.The more posts the the further into the inner circle you sit.
just my observations.
regards frank]

What a load of crap !!…[Read more]