Forum Replies Created
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 !! [
]
From day one on the forum i have received great advice, encouragement and positive vibes from 99% of the members… There are a few SOB’s who seem to think that the amount stars beside the name amounts to some level of “superiority” but beleive me those people are few and far between… []I guess i can be opinionated myself but i respect and value what other people have to say as well. If any “newbies” feel intimidated they should stop worrying, think clearly before posting, and look forward to benefiting from others experience.
It worked for me… [^]Cheers,
Paul…“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”
Found and re-sent it Phil, let me know back in this post if you don’t get it… [
]Cheers,
Paul…“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”
Hey Phil, was away for the weekend and just saw this post, sorry mate… [
]Interestingly it seems 44 other stickybeaks had a look before i did regardless of the title !! [
]I definetly responded, yep i remember the Corvette part… the “gorillaboy” is me. (Don’t ask – i thought it was funny at the time)
Will have to send it again, buggered if i know why i didn’t go through ?? Hmmm…
Cheers,
Paul…“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”
Glenn, i’ve emailed you my mobile number… I’d have sent my home number but hey, you could be an axe murderer right ?? [
] []Cheers,
Paul…“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”
Big deal…
I don’t make what i’d call a huge wage but i’m still going to be in the top bracket before shift penalties or overtime – where’s the incentive to work harder for financial gain ??
No wonder i’m making my money work for me, rather than working for my money… old Mr. Kiyosaki has got one thing right… [
]Having said that if any overtime hours were taxed at 20c in the $ i’d be more inclined to do some, if only to pay my PPOR off quicker…
Cheers,
Paul…“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”
Mel, maybe it’s just that old people whinge more ?? [
]Here’s another sign of market trends – i had a couple of agents out yesterday afternoon, just to get a valuation ( a “guesstimate” perhaps ??) on my IP and all three claimed i’d still get top dollar but “the market has slowed dramatically in the last six to eight weeks…”
They claimed they would have sold it within a week (given the recent reno) 3 months ago, now it could take a month or two…
Hmmmmmm…. Could wily Bill be onto something here ?? I think so… []Cheers,
Paul…“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”
By the way Fatboy (Paul)
DId u go to any reno seminars? DO you do most of the handy work yourself?
Glenn[8D]Glenn, i’ve never attended any sort of reno seminar or any seminar for that matter in my life.
As i said earlier to me it’s a personal thing. I renovate to a style i like without going all out on “luxuries” – neat, classy and functional is cheaper than “bling bling” everytime… []The only seminar i’d go to would be something like Steve’s… Because he’s someone i can learn from – i know i can renovate, but i’m the first to admit i need to learn more about positive cashflow investing…
On a renovating front i (rightly or wrongly ?) i believe that i don’t need someone to preach to me what i should be doing. It’s just a matter of thinking things through and making sure your aims and expectations are able to be met. After all, it’s a business decision… keep that in mind with every step you take… []And yes, i do most of the work myself. I have the coolest Dad in the world who takes the time to give me a hand when i need it and a little brother who is a pain in the ass most times but is pretty handy with a shovel… Beer and pizza on a Saturday was enough to keep them interested in giving me a hand when needed… [
]Cheers,
Paul…“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”
That wouldn’t be you by any chance Phil ?? [
]Sent you an email btw, let me know if you didn’t get it… [
]Cheers,
Paul…“I want to be rich, and stupidly happy – so far i’ve only managed to achieve the stupid part…”
Thanks for the story Fatboy, ill print this one for my folder!No worries Glenn – when you get that elusive first reno let me know and i’ll let you know who my kitchen guy is – he’s a legend !! [
]Cheers,
Paul…“The only thing you get from looking backwards is a sore neck…”
Work like you don’t need the money
Love like you’ve never been hurt
Dance like no ones watchingThere’s another line to that one… But it’s very crude so i won’t post it – unless you want to know what it is… [
]Cheers,
Paul…“The only thing you get from looking backwards is a sore neck…”
Wow Pinky, i’m impressed !! So where did you cut and paste that from ?? [
]It’s so sad because it’s true !!
I feel like i had the best life as a kid doing all the stupid things i did (i still remember the day at 5 years of a age that a broken ankle taught me i couldn’t fly despite my home made cape), kids thesedays can’t get by without mobile phones and internet access…If i died tomorrow i had the best life – and lived it to the fullest. I wonder how many people will be able to say that at my age now in 30 years ??
All the violence, the stabbings and shootings etc, and the sad state of the world make me lose faith sometimes in others… The fact that as kids we could be out all day and never have to worry was something we took for granted. With the freaks of the world today parents are afraid to leave their kids with a baby sitter let alone let them run around the place on their pushbikes !!
I better stop before i depress everyone !! [
]
Thanks for the memories Pinky … []Cheers,
Paul…“The only thing you get from looking backwards is a sore neck…”
Someone who only has sex in metro areas ?? [:0)]
crashy: Here’s a game just for you – for old times’ sake !! [
]
http://www.miniclip.com/pacman.htmCheers,
Paul…“The only thing you get from looking backwards is a sore neck…”
I got 40 right – quite a few guesses along the way !! Am i the only one who thought it was way to American focused for us Aussies ??
And i started singing that bloody “Beleive it or not” in the shower… Grrrr !!” [
]Cheers,
Paul…“The only thing you get from looking backwards is a sore neck…”
My hat off to Paul. How could you do that massive renovation with only $23K? How many days (ave. 8 hr/day) did it take you to complete it? Did you use any trademan at all? If I have to do the same it would cost me close to $100K.Believe it or not Huey i think i “wasted” about 2k during that renovation – just buying stuff that was expensive because i was too lazy to drive an hour to another suburb to get cheaper materials etc…
Time wise i did it after work and sometimes before. Saturdays i spent working 12 to 14 hrs on it and Sunday was “sit on my bum and do nothing day”. It took about 3 months in total… [
]The only tradesman i called in were an electrician and a plumber. Both i got at “mates rates” because i did half the stuff myself anyway – the electrician wanted $30 each to install 24 lights throughout the place so i did it and some minor rewiring myself saving over $700 there alone… (I even replaced all the lightswitches and powerpoints throughout the whole house, you’d be suprised how much more “modern” they make the place look.)
The tiles for the bathrooms i got at very cheap prices because they have stopped making that design now – there was more than enough to do the job and i still have plenty of spares so thats a win/win – they were less than half the price of other design tiles…
Just shopping around etc can really save big dollars. Another example is the kitchen – it should have cost in excess of 10k but i found a retired guy who builds them in his shed for a little extra income – for $2800 i got an absolutely beautiful kitchen, people don’t believe me when i tell them how much i paid for it… []Glenn: Sorry i didn’t reply earlier, i missed your questions… [
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I still have the place, it’s now tenanted for a very nice return and more than paying itself off. It’s 5 bedrooms/2 bathrooms with a i/g pool etc. I don’t think i’ll ever sell, my strategy is to buy and hold. After all, i can easily tap into the equity in it to buy more properties – i just don’t think the time is right at the moment…I don’t want to spoil your party, but be very careful looking for property with the idea of making a quick dollar at the moment. Renovations can cost more than you think so be wary of overspending. Just remember with Sydney prices being crazy at the moment you will pay big dollars in stamp duty when you buy. Add agents fees and CGT to your costs/profits when selling and you would have to make a huge capital gain to make it worthwhile…
Cheers, (and Good Luck !!)
Paul… []“The only thing you get from looking backwards is a sore neck…”
LOL !! That’s a good point… [
]This is getting scary Mel !! [
]So when is the special day ?? And do we really have to invite the whole forum ?? [?] [
]Cheers,
Paul…“The only thing you get from looking backwards is a sore neck…”
Glenn: I’ll probably get shouted down for this, but i wouldn’t rely on anyone elses opinions when renovating – to me it’s up to YOU to judge what you need to do and what to spend…
Having said that there are plenty of good tips that you can take on board…
Shop around and look for things like kitchen auctions, ex demo carpet, tiles that look great but aren’t made anymore (make sure there is enough for your job though !!), there are all sorts of savings to be had…I was recently quoted $16k for one bathroom, (i was curious what the pros charge [
] ) and decided to rip into it myself… I ended up spending 23k but i did the following:
* Two complete new bathrooms (yes, 2 !!)
* Brand new kitchen
* New carpet
* New colourbond fences
* Double carport
* Replaced/modified three internal walls
* Painted internally and externally
* Replaced pool filter and pumpThe value of the house shot up 100k over the three months i worked on it…
Just remember that if you are only interested in capital gain try to look after your budget.
If i was rebuilding the house for myself to live in i’d have put a spa in the main bathroom and also gone for a timber and granite kitchen – which would have meant another 10k… 10k that didn’t “need” to be spent… []Cheers,
Paul…“The only thing you get from looking backwards is a sore neck…”
What do people think about the value of installing a dishwasher?It’s ok if a guy is single – if not why would you want two ?? [
] []
(And before i get shot by the females here i was kidding, honest !! [] )Phil: I like the way you think !! [
]One of the best ways i found to improve the value of a property is to create nice neat gardens. They are inexpensive if you do the work yourself, it makes a property look more “homely” and it encourages tenants to be houseproud…
Cheers,
Paul…“The only thing you get from looking backwards is a sore neck…”
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