Total Members: 159,209

Freckle

  • Freckle replied to the topic Japan (and its Real-Estate market) Rides Again in the forum Overseas Deals 11 years, 1 month ago

    I' m waiting with baited breath as to how Abe will talk his way out of this one… Abenomics ..pfffff!!

    For the 30th consecutive month, Japan ran a trade deficit and this time it was the biggest ever as
    imports rose 16.5% YoY (missing the 19.9% YoY expectations by the most in 15 months) and
    exports rose 11.5% (missing the 15.6% YoY expectations…
    [Read more]

  • Freckle replied to the topic Japan (and its Real-Estate market) Rides Again in the forum Overseas Deals 11 years, 1 month ago

    An MSM article I know however some of the statistical information is interesting.

    What happens to a country when its young people stop having sex? Japan is finding out

    I've always thought Japanese culture had its fair share of idiosyncrasies but these kind of trends presents some serious problems going forward. A century or two from now (given…[Read more]

  • Freckle replied to the topic Japan (and its Real-Estate market) Rides Again in the forum Overseas Deals 11 years, 1 month ago

    You get an 'F' for political savvy Ziv.

    Melbourne went through a period where Indians where seen to be targeted by racist elements in society. It took a steady stream of government media releases to ease the tensions and send a signal that government took peoples concerns seriously and perpetrators would feel the full force of the law. I somehow…[Read more]

  • Freckle replied to the topic Japan (and its Real-Estate market) Rides Again in the forum Overseas Deals 11 years, 1 month ago

    zmagen wrote:
    A government doesn't need to respond to loud racist minorities excercising their freedom of speech in Japan

    My guess is that if you or your family where the target of this 'freedom of speech' rhetoric you might have a different opinion.

    The Only Thing Necessary for the Triumph of Evil is that Good Men Do Nothing

  • Freckle replied to the topic Japan (and its Real-Estate market) Rides Again in the forum Overseas Deals 11 years, 1 month ago

    I'm wary of studies like these because they can be constructed to skew results in favor of whoever is running the agenda but lets accept this study for arguments sake anyway.

    From your reference supplied above:

    Table 2, estimated from the JGSS, contains the percentages of respondents who
    are against an increase in immigrants among 20-60 yearolds…
    [Read more]

  • Freckle replied to the topic Japan (and its Real-Estate market) Rides Again in the forum Overseas Deals 11 years, 1 month ago

    Do you not get it?

    We're talking about Abe and his government's reaction.

    All countries to some extent or other are xenophobic and racist. Japan just happens to be up there with the worst offenders. How that plays out varies from country to country and minority to minority. What's at issue here is how the establishment deals with this problem…[Read more]

  • Freckle replied to the topic THE COMING ECONOMIC CRISIS GET READY! in the forum Opinionated! 11 years, 1 month ago

    JT7 wrote:
    I've got a freight train running through my head on account of a date with a bottle of Sailer Jerry last night! 

    I rarely suffer from hangovers thank God but heartburn absolutely kills me on bourbon and coke not to mention it plays Mary hell with old ticker.

  • Freckle replied to the topic THE COMING ECONOMIC CRISIS GET READY! in the forum Opinionated! 11 years, 1 month ago

    moxi10 wrote:

     Perfect description of a "captive market"

    Yep. Captured by big money. The small time PI doesn't realise they have the tiger by the tail.

  • Freckle replied to the topic THE COMING ECONOMIC CRISIS GET READY! in the forum Opinionated! 11 years, 1 month ago

    Some days I wonder if things will last 5 weeks let alone 5 years. God help you if you have all your eggs tucked up in the US market

    This says it all:

    The Carlyle Group’s Latest Investment… Trailer Parks

    Because the cost of relocating a home is expensive, residents are less likely to move away. “Our customers have no alternative shot at…[Read more]

  • Freckle replied to the topic Rockhampton’s vacancy rate double in few months in the forum General Property 11 years, 1 month ago

    Unwinding of the resource construction boom would make sense. Median house prices (Norman Gardens) dropped with a thump last year (10%) and units are tracking south..

    Keep looking I'd say.

  • Freckle replied to the topic Setup of business and Taxes in the forum Legal & Accounting 11 years, 1 month ago

    I tend to adhere to the KISS principle whenever possible.

    The focus should be on;

    accessing funds;

    cash flow to fund full time employee

    minimising taxes

    distribution of income

    The most logical approach is however to keep both parties in employment and pay professionals where appropriate and labourers to undertake most of the reno work. The…[Read more]

  • Freckle replied to the topic Japan (and its Real-Estate market) Rides Again in the forum Overseas Deals 11 years, 1 month ago

    zmagen wrote:
    Freedom of hate speech? Not really. As with all things Japanese, the wheels move slowly, but move nonetheless –

    You're trying to make Japanese political processes sound different to everyone else when they're not. Difficult policy often takes more than one term in office even in the west.

    Quote:

    Court recognizes anti korean…[Read more]

  • Freckle replied to the topic Is structural engineer necessary for small crack? in the forum Help Needed! 11 years, 1 month ago

    wilko1 wrote:
    Wouldn't be that worried about it. 
    Would only be concerned if it was 10-30mm not 1-3mm
    or if it had grown by 1-3mm in a week etc. 

    Ditto…. Extremely common occurrence.

  • Freckle replied to the topic Setup of business and Taxes in the forum Legal & Accounting 11 years, 1 month ago

    I would set it up as 2 investors(partnership or company  or 2 sole traders in a JV) who buy property and a company that does the reno/project work and bills the investors accordingly.

    Lotsa ways you can set this up to take advantage of various aspects. You'll need good legal and accounting advice to take advantage of loopholes etc. Terry's pretty…[Read more]

  • Freckle replied to the topic THE COMING ECONOMIC CRISIS GET READY! in the forum Opinionated! 11 years, 1 month ago

    CB's can suppress interest rates, govt's can borrow till the cows come home and banks can push the credit bubble ever bigger but at some point we will have to pay the piper.

    This graphic of global GDP is an eye opener if you look at all the economies that will tank when the US, Japan, EU go tits up.

    US + Japan + China + India + France + UK +…[Read more]

  • Freckle replied to the topic Japan (and its Real-Estate market) Rides Again in the forum Overseas Deals 11 years, 1 month ago

    How's Japans immigration policy going? It seems not well if this guys open letter to Abe and his ministers is anything to go by. It would appear Abe says one thing but deep down is just as xenophobic as the rest of Japan.

    Abe and his ministers give anti-foreigner rallies tacit green light

    Freedom of hate speech: Members of the anti-Korean…[Read more]

  • Freckle replied to the topic THE COMING ECONOMIC CRISIS GET READY! in the forum Opinionated! 11 years, 1 month ago

    JT7 wrote:
    Yes well…. Gold up $49 over night. I think I might take the goldies out for a run this morning.

    Anyone care to join me?

    Sure beats all in on red on the roulette table! 

    It's rolling with the USD nothing more. I think you missed the boat. I expect to see a smack down soon, perhaps Fri US markets.

  • Freckle replied to the topic How To: Interstate Renovation in the forum Help Needed! 11 years, 1 month ago

    Connolly wrote:
    Hey Freckle, have already done 2 renos here in Perth- our equity position allows 2 purchases. However one of our rules as we accrue property is not to spend more than 250k per purchase. This excludes pretty well everywhere in Perth (houses only) that has solid growth fundamental backed by positive cashflow.Only place that has…[Read more]

  • Freckle replied to the topic How To: Interstate Renovation in the forum Help Needed! 11 years, 1 month ago

    Connolly wrote:
    Hey guys,

    looking to pick up a couple of IP's over in the eastern states.

     It always amazes me that PI's think the grass is greener somewhere else. Why would anyone want to try and reno from one side of the country to another when there's ample opportunity under their feet.

  • Freckle replied to the topic THE COMING ECONOMIC CRISIS GET READY! in the forum Opinionated! 11 years, 1 month ago

    Jpcashflow wrote:

    Difference between Casino and Shares, if i go to the Casino I cant minimize my risk, because once its land on the opposite color im stuffed

    Only for games of chance. Skill based gambling can be very lucrative. Added bonus is your winnings are not taxable. Had a client who was pro gambler. Started when he was 18. By the…[Read more]

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