This is misleading. If I have high salary, it does not necessarily reflect my lifestyle. What if I spend all this money paying off my debt and eat only dog food?

My RE agent told me that he is getting a lot of enquires from WA investors and they bid against each other at auctions, making clearance rates at their highest. He believes they are the only driving force in current Adelaide RE market.Difficult to buy a good value, but as for my properties, they are going up.Gamay

My target is $10M worth of assets delivering 2% net return and growing annually. I am quite far from there yet, but when I get there I will be rich.

Gamay

I agree with you Mpayne that modern coal fired power plants can be 45% efficient, Combined Cycle are even better: up to 65% efficiency and on natural gas. The point is: the old dirty brown coal generators will still be here for years.

Australian average industrial site is extremely inefficient and improving this side of the problem will generate…[Read more]

While I am in a writing mood I decided to add my view on another issue: Geosequestration (spelled correctly?), or underground CO2 storage, which is being promoted as a “clean coal technology”.

This is a typical exemple of the brainwashing in order to protect coal industry. There is no proven technology and never will be.

These are the reasons:
-…[Read more]

Hi all. This is interesting discussion.

There is a scientific proof that CO2 plays a vital role in regulating our planet temperature. There is also a scientific data that the amount of CO2 in the earth atmosphere has increased dramatically during the last century. Attached is the link to the Earth System Recearch Lab…[Read more]

I drive Toyota Prado Grande. Bought new in 2004 as a company car. I am getting car allowance, so it works better than just having company provided vehicle.

Regards

gamay

Check their current refund policy. When I ordered this course two years ago they had 12 months no questions asked refund guarantee. I found the course very basic and all about how easy it is to make maney out of CF+ properties. Do not think that this course will actually help you to find these CF+ deals. I got my money back in the end, no…[Read more]

Thank you Westan,

I am mainly thinking, if I buy the house at the price, which is very close to the Council valuation, would it be fair to say that I have it relatively cheap?

Regards

Gamay

Marsden,

I know that asbestos is still widely used in many countries as building material and for insulating hot and cold pipes, particularly in power stations and boiler houses.

I also understand the risk associated with asbestos handling.

My question however is in regard to any potential legal liability for the landlord.

Regards

Are there any issues in terms of renting the house? Do I have to tell my tenant that there is a potential asbestos exposure? What if the tenant gets poisoned when he crashes the wall after the hot argument with his wife? Are there any legislations that require landlord to take any action to prevent asbestos poisoning (particularly in SA)?

Gamay

Jade,

It is good for the landlord to know what assistance is available to tenants. I am not going to do all the leg work for tenant, however at least I can suggest what options are available, as I am sure most tenants don’t know this.

I would greatly appreciate if you could send me some links; this is the area I feel I need to learn a bit…[Read more]

Thecrest,

He was paying rent directly into my bank account. It is very clear in the bank statement when the rent was paid and when not.

She is now arranging the rent assistance from the Centerlink and paid 2 weeks rent today, but still 3 weeks behind, but obviously trying to catch up.

I am also helping her to arrange the direct rent payment by…[Read more]

I am managing this property myself.

She paid last week’s rent and promised to pay for previous two weeks last Wednesday, but didn’t and also skipped this week rent again.

I tried to be reasonable and avoid the legal process, but looks like have no options. I issued an eviction notice.

Gamay

Thank you Fern for a good advice. I will action today.

Gamay

Interesting discussion.

There are many properties being offered in Buffalo and Rochester by some astute ozzi investors with up to 25% returns at the prices around $30K.

I wonder, if deals are so attractive, why are they flogging them off and not buying for themselves???

Gamay

Tina, don’t waste your money. You will find similar information in books and on this forum.

Regards

Gamay

I had this course for a few months, paid $2980 for it. Video’s are of poor quality, conversations are very hard to hear. Books are ok, but you can buy them separately without paying through the nose. Many investment success stories, but all purchased pre-boom cf+.

Nothing I would call a Super Secret in this course, so it is probably…[Read more]

Late last year I found a number of cf+ properties in Whyalla and even made a couple of offers 30% below asking price and both were accepted.

My decision however was not to invest in Whyalla at that stage.

Be particularly careful with semi’s, they have relatively high vacancy rate.

Regards

Gamay

I always start negotiations from offering $0 – $500, but never pay more than $1,000.

My last IP I purchased with $1,000 deposit.

Last year I purchased IP with no deposit at all, but there was no RE agent involved.

Gamay