engelorumora wrote:
Why did the other post get deleted?

lol

C'mon Grasshopper keep up

I would prefer to have boils on my bum than let a financial/investment planner guide me.

A bit like the chicken inviting the fox over for dinner.

Chasing link backs for Prop Res again Chris?

Now this is SPAM

PLC wrote:
Ah the good old doomsdayers, where would we be without them the last 10 or so years?

He's in good company then. Every financial player worth his salt is saying the same things. Humans like to stay positive and talk up their chances even in the face of adversity. The problem with that trait is that it often means we hang around too…[Read more]

Don't take it to heart James. Around here the pot likes to call the kettle black when it suits. Like i said on the last thread before it was deleted. Put your credentials in your sig and post indirectly in the text body like everyone else here who discretely refers to their services by either offering advice or elaborating on their markets and…[Read more]

Be wary about all this marketing fluff. There's a storm brewing and while things might seem rosy at the moment there are way too many downwards pressures on the economy to start getting ahead of oneself.

The employment picture is changing and rapidly. Full time job growth is crashing and part time employment is contracting. AU needs to generate…[Read more]

VandeveldeEmmanuel wrote:
I buy an apprartment in uruau by ipin. 4/5 years later still waiting for delivery. I paid 70/80% of the amount. I didn t hear anything for sometime. Pitty because the risk to lose al this money is great. Buy something that already was built and go see it. That is my lesson . But i tought to work with a very professional…[Read more]

JacM wrote:
You have debts that will take you a couple of years to recover from… why not hunker down and clear those debts first?

Yep and the world will be still going round and round and there'll still be property to buy and sell.

As the boys above have said your aim is always to neutralise or eliminate costs on non tax deductible elements first.

Offsets offer 2 benefits namely they reduce overhead costs but more importantly support/smooth cashflow and provide liquidity when opportunities present themselves with only minor administrative load.

Sellers know you are looking at more than one property and that price plays a key role in any decision a buyer will make so the way I do things in this situation is for want of a better term make a reverse offer.

I suggest a price I consider would interest me and get them to make me a personalised offer. If they choose not to you know they won't…[Read more]

Get them here.Just download them

engelorumora wrote:
Freckle you crack me up.

I thought I would join the white side for 1 comment before I go back to my overseas section haha.

I consider Nathan as one of the best and most genuine property guru's in Australia.

Taught me a lot there is to know about how the game works.

Thanks and have a great day.

In my life I've learnt…[Read more]

Not talking about learning but employing others to do the leg work. You can learn all the game theory you like but at some point you have to put your boots on and get in the game.

My take is that Waydo is looking to buy prequalified leads.

Would I recommend them? – depends. From personal and direct inside knowledge I know they've got a problem…[Read more]

It isn't rocket science. Both principles of BI can do this stuff on the fly in their head because they've taken the time to learn and practice the skills required. They have a very aggressive approach to PI and think outside the square when looking at deals.

Neither employed others to do their leg work that enabled their success and that should…[Read more]

It isn't rocket science. Both principles of BI can do this stuff on the fly in their head because they've taken the time to learn and practice the skills required. They have a very aggressive approach to PI and think outside the square when looking at deals.

Neither employed others to do their leg work that enabled their success and that should…[Read more]

I've got my guy working on it for you as we speak….

waydo77 wrote:

so in theory if you depreciate 20,000 from a property that cost 200,000, your cost base would be 180,000, meaning that 20,000 is also now subject to any CGT aswell as any other capital gains made.

Asset depreciation is on the building only not the land then you have plant and equipment depreciation. In the scheme of things…[Read more]

JacM wrote:
Hi Ryan – the title of the thread is "Property Spruikers" and post #1 goes on to name a particular individual. 

Spruiker is a colloquial term to describe anyone involved in a particular industry or activity and that promotes its opportunities and benefits. Paul and many others here fall within that category. It is not defamatory…[Read more]

JacM wrote:
Nothing like a bit of spam for a Wednesday morning

Bit of virtual competition for Wolfy..

Benny wrote:

  I'd say keep looking.   I spotted a house sold at auction in Kingston a few weeks back for early two's ($215k?) – with a flick of paint and little else, it would have been a $250k+ property, and able to be rented for $300+ per week.  THAT is more the kind of property that would set you on your feet.   I'd say keep looking…. …[Read more]