fjficm replied to the topic Regional/Country property predictions in the forum General Property 20 years, 7 months ago
as usual westan, my sentiments exactly
im not as astute as you but i have similar opinions about what you are saying
im not in a positon to travel and i like to be close to my properties for the psychological security
therefore im happy with 6-8%yields in areas which i think has potential CG in the next 5-10 years
alternatively i can think outside…[Read more]fjficm replied to the topic My Easter present to you in the forum General Property 20 years, 7 months ago
well guys, someone once told me it is not the result of the action that matters but is the intention behind it.
A common scenario these days are for eg. wrappers like Otten who i believe pretends to have a good intention of helping battlers and when it sort of work ot he exclaims himself as an aussie hero. However, we at the back of our minds…[Read more]
fjficm replied to the topic Tonight 8pm on ABC: Rick Otton in the forum General Property 20 years, 7 months ago
i dont think i can sleep at night doing what these people do
no matter how you sugar wrap it; Steve or anyone out there, the wrap technique is never helpful
higher interest rates, wrappee is like a modern day slave with an invisible collar around their necks, no potential insurance to cover their potential mishaps to keep up payments thus…[Read more]fjficm replied to the topic family equity mortages – today tonight in the forum General Property 20 years, 8 months ago
hi yall
why do people keep refering to today tonite and what they have to say
who cares?
dont wanna be a bigot but erm…. the only people who are featured here are ferals’ boguns, losers and trailer park trashes nb. jerry springer variety specials.
this may include a few of people but hopefully not in this forum.
sorry to mention this but…[Read more]
fjficm replied to the topic West Article in the forum General Property 20 years, 8 months ago
is that the laverton or the noble park one
fjficm replied to the topic Positive Gearers vs Negative Gearers in the forum General Property 20 years, 8 months ago
hi yall
i agree with sis , yack, henry .
im 30 and have 4 IPs
overall CF+ve 10 K/ yr valued just over 1.1 mil with 500 K owing
intially slightly negative or neutral then paid off more to make it positive.
looking for long term 10-15 years goal
so this is what im comfy with; well located properties within 40-50 K from CBD with potential for…[Read more]
fjficm replied to the topic Q for westan in the forum General Property 20 years, 8 months ago
well it was worth the wait westan
i guess my ambitions in property investing isnt as limtless as yours
i have 4 props and my best performing one is $180K purchase for $250 rent now prop median is $420K in that area
could you pls PM me at some stage re NZ props. I’m interrested in possible investments thereThanks again westan
Cheers
FJFICMfjficm replied to the topic Q for westan in the forum General Property 20 years, 8 months ago
thtas why i ask on the forum so that everyone can benefit from his wisdom
fjficm replied to the topic Q for westan in the forum General Property 20 years, 8 months ago
WESTANNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNn
fjficm replied to the topic How small is too small? in the forum General Property 20 years, 8 months ago
where do i find these info for reginal areas?
fjficm replied to the topic “The Economist” says market to tank! in the forum General Property 20 years, 8 months ago
another thing
population growing
people can live with a sky over their head 24/7
like food and water, a roof over our heads in the most affordable area is a PRIMARY need meaning you will sacrifice/commit either buying or renting to stay alive
in most regions – 50 within CBD, large regional areas prices will at least hold or increase at CPI rate…[Read more]fjficm replied to the topic Melton Victoria in the forum General Property 20 years, 8 months ago
thanks for the tip
i bought in melton
about 700 m2 of flat land
3 bedrooms ensuite and semi-ensuite
15 square house
garage
19 yo
5 mins walk to Vic Uni
Rented by good tennants for 2 years – no problems watsoever, house is 2X cleaner/more immaculate than mine(definately better carpets)
all for just $156000
probably will live there after 15 years or…[Read more]fjficm replied to the topic Positive cash flow in very poor towns. Ideas are: in the forum No Subject 20 years, 8 months ago
What about this idea
All of you are talking about extremes of property investment – truly positive cashflow and all the problems that go with it like poor CG and tennants either crap or non-existant or negatively geared but sucks your wealth and make you work forever
I am a person who belives in balance
What about getting neutral or slightly…[Read more]fjficm replied to the topic Positive cash flow in very poor towns. Ideas are: in the forum General Property 20 years, 8 months ago
Ive to agree with sis and yack. The old adage of you get what you pay for applies in 90% of life. Sure fortune favours the brave etc, however, an investment for me is an investment both in my future and my psychological well being and being able to slepp at night knowing i have a neutral or slightly -ve geared prop but able to provide constant…[Read more]
fjficm replied to the topic How much is enough in the forum General Property 20 years, 9 months ago
Originally posted by melbear:
My goal is to have enough passive income through our trust that my folks can do all the travelling they want while they are young enough. I also want to be able to choose when/where I work. I will work, cos i will go mental doing nothing at all.I used to have a goal to own 100 houses, but now I don’t really care…[Read more]
fjficm replied to the topic Henry kaye aftermath in the forum No Subject 20 years, 9 months ago
Like my dad tells me, “If i had an idea which i can make quick millions, why the hell would i want to tell everyone else, even for a high price”
There is only a finite wealth pool in this world and if someone is making miilions fast, many is going to have to lose quick. So if this someone tells this “secret” to everyone else who tells it to more…[Read more]
fjficm replied to the topic Henry kaye aftermath in the forum Opinionated! 20 years, 9 months ago
what i really hate about people like this is the way they prey or your average hard working wage earning individuals who invest in their family’s interests as well as a promise of a better life which we all hope for. Unfortunately, not all has the resources (eg. knowledge, family and friends) to guide or at least reflect upon what they are…[Read more]
fjficm replied to the topic Victorian properties in the forum General Property 20 years, 10 months ago
thx for the tips guys. anything else would be helpful