Total Members: 159,213

Freckle

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

    Rick sta wrote:
    In a best case scenario of hyperinflation, the banksters will erode the property debt and I won't be holding devalued fiat currency.

    Hyperinflation is when confidence in a currency has collapsed and that's a disaster. What's more likely is asset deflation accompanied by cost inflation. Inflation is generally considered as a…[Read more]

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

    jmsrachel wrote:
    … if the “world should cave in” aren’t we all doomed to some point?

    Not necessarily. A financial collapse would impact on sections and classes of a population differently and to varying extents. The impact will be felt differently from country to country and even within regions of a country. In terms of Australia you could…[Read more]

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

    ..

    Elliott Capital's Paul Singer:

    I don't want to paint  a picture of clarity about the workout of this thing. Because
    once a society, a financial system gets in a position of the central bank being
    trapped, and being unwilling or frightened of stopping this merry go round,
    things get very dicey.

    If you look at Fed minutes from 2004-2006, the…[Read more]

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

    And another article that indicates how Australia could follow the US into a plutocracy if this Abbot government has its way. The LNP in its latest incarnation is a bigger threat to the Antipodean way of life than many realise.

    Abbott set to sign highly secretive TPP agreement this month

    If you thought the Labour muppets were bad you ain't seen…[Read more]

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

    An interesting article by Simon Black this morning (Soveriegn Man Blog)

    Now the Chinese are wagging their fingers at Obama

    As the US government’s international reputation craters after one embarrassing episode after
    another, other nations are beginning to no longer trust the US, whether it comes to spying or
    managing a sound currency.

    This…[Read more]

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

    Below is an interesting read on how a financial crises similar to 2008 might play out if it couldn't be contained with regard to our complex supply chains. My personal belief is that a crises of greater magnitude to 2008 is only a matter of time now. Predicting when is impossible but logic suggests that an unknown trigger will be all it takes to…[Read more]

  • Freckle replied to the topic The Summit apartment problems (Sydney) in the forum Opinionated! 11 years, 1 month ago

    Use the same tactics against them. People like this generally have a bullying personality. They find it challenging when you bully them back. They can be devious but they more often than not lack any real intelligence. There's a 100 subtle ways to drive idiots like this crazy.

  • Freckle replied to the topic Is 10+ Properties Really Possible in 12 months? in the forum Help Needed! 11 years, 1 month ago

    JacM wrote:
    I work with several clients who, like yourself, are working overseas and therefore do not have access to all the same mortgage products as those residing here in Australia. However it comes down to careful property selection. I ha e not had a problem with consistently finding solid property that yields well, thus allowing my clients…[Read more]

  • Freckle replied to the topic Caravan park investment in the forum Commercial Property 11 years, 1 month ago

    I would look at leasing or managing before buying. Many a dream is shattered when fantasy meets reality.

  • Freckle replied to the topic Is 10+ Properties Really Possible in 12 months? in the forum Help Needed! 11 years, 1 month ago

    You can if you take someone like Nathan Birch's approach. Buy burnt out or vandalised bangers for sub 10k in regional areas and refurb them for a reasonable equity gain. Wash Rinse Repeat.

    Go and look at his Youtube channel http://www.youtube.com/user/binvested

    I don't necessarily endorse Nathan's approach. It's not for…[Read more]

  • Freckle replied to the topic Road Bore required for new house’s telephone connection in the forum Help Needed! 11 years, 1 month ago

    Why would you deal with Optus? They do not own a copper network. They lease line access from Telstra Wholesale. Their infrastructure is limited to fibre, cable, mobile, microwave and hardware located in Telstra exchanges that connect to the copper network.

    There should be a Telstra service pit outside your property. There will be a conduit that…[Read more]

  • Freckle replied to the topic Which one of these is the best deal? (Innerwest) in the forum Help Needed! 11 years, 1 month ago

    Jacqui is absolutely right. A property must pull its weight from the get go. 

    Growth in Sydney is typically sub 3% across the investment cycle. That's below real inflation. The areas you have selected above are middle to upper middle class renters. They are vulnerable to wage growth pressures brought about by low business margins and an…[Read more]

  • jayhinrichs wrote:
    . I see a huge up tick in TAx sales in the next 5 to 10 years.

    What's the percentage mix of corporate investors and private investors…50/50????

    What's not being talked about is all the vacant HF inventory… 50% by some accounts. I'm only seeing comment about monetising occupied rentals at this stage.

    If HF's panic…[Read more]

  • Freckle replied to the topic Thoughts on Geraldton WA in the forum General Property 11 years, 2 months ago

    You need to understand the drivers that underpin that market and where you'll be in about 5 years.

    WA in general is coming under increasing pressure as the resource construction boom unwinds. I would tend to wait and see on Geraldton. It has the potential to be a trap. With that kind of risk profile I don't see the returns reflecting the risk

    If…[Read more]

  • Freckle replied to the topic Global REI Basics – Part 1 – Choosing your Target Market in the forum Overseas Deals 11 years, 2 months ago

    I've talked about this many times before but it looks like the US market is about to take a hit. Jay's already seen the writing on the wall and moved to protect his equity and gains from the last few years. I suspect those who invested over the last 3-5 years are at risk of losing all or part of their current valuations if this thing goes where I…[Read more]

  • Freckle replied to the topic Cash for a second home. Where would you go? in the forum General Property 11 years, 2 months ago

    Centennial Hut – Franz Joseph Glacier… no explanation required.

  • Freckle replied to the topic What are the hot topics in property at the moment? in the forum General Property 11 years, 2 months ago

    camforum wrote:

    I would appreciate your thoughts and feedback,
    Cam

    8 pages of mostly superficial advertorials. It's not a magazine it's a junk mail flyer amongst a sea of similar junk mail.

  • Freckle replied to the topic How to space out text in post? in the forum Site Problems / Feedback 11 years, 2 months ago

    JacM wrote:
    Annoying isn't it!

    I find I have that problem in Internet Explorer but not Firefox,…..  

    …or Chrome

    This text box isn't a patch on the previous version. It reminds me of the old days when TV was black and white.

  • Freckle replied to the topic Centrelink – Principal home holiday rented for part of year in the forum Legal & Accounting 11 years, 2 months ago

    What are you trying to achieve Johnno?

  • Freckle replied to the topic Global REI Basics – Part 1 – Choosing your Target Market in the forum Overseas Deals 11 years, 2 months ago

    engelorumora wrote:

    I just dont know how much higher can the market keep going in Australia.

    Don't think of any national market as a whole. It's a collection of segments, some rising some falling some going sideways. It helps if you look at where a suburb is in relation to its cycle. New, established, maturing, decay, rejuvenation. Cycles…[Read more]

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