Forum Replies Created
Hi Bruce,
Just thought I would drop you a line from one of those Pommies you so thoughtfully brought into this debate. I actually feel very sad for you[
] You have obviously had a very hard childhood and adolescence and feel that you have achieved all you have on your own. Now you feel the need to show people just how far you have made it. You do not seem too bothered as to who is listening as long as someone is.The biggest problem is that although you can dress a man in a suit (although probably not your style) and give them all the money in the world they are still the small minded person they were when but a wee little boy.
Maybe take a long hard look in the mirror one morning and decide if who you are is the best you can be. From the posts you have put out so far it would seem not [
]. But I guess you sleep well, and as long as you are OK then you don’t care about anyone else. It showed when you mentioned non payment on the taxi license, you would just take it back rather than try to work out a win-win deal. Anyway, sleep well, and I again offer you my pity. []Adam
[^]Hi All,
First of all – great idea Leigh [
]My name is Adam, 36 yrs old, working within the construction industry in Hong Kong (originally from UK). Separated from my wife[
], luckily no children to get involved.I am looking at generating a passive income so that I can retire within the next 10 to 15 years[
]. My strategy is to purchase buy and hold properties for 5 – 10 years, sell and then reinvest the profits into positively geared properties. So initially if the properties are negitively geared but will make large capital gains then this is not an issue.Looking at purchasing my first IP within the next couple of months as an off-the-plan.
By the way. This web site is excellent and the people involved are positive, helpful and respectful.
Cheers
Adam
[8D]Hi Sooshie,
Thanks for putting them on the “Links Page” [
].Re-deposit bonds: No I’m not I was just going through the normal mortgage route. Is it more advantageous to use deposit bonds? [?] Sorry for the dumb question, still learning
Thanks
Adam
[8D]Hi Milo,
Thanks for the information. Yes Southport does look like a very attractive opportunity. I am looking at buy into a new development. I have put in an offer and the price of the other units have already started to go up! [
]It’s comforting to hear your comments about not relying on tourism as it means this will be a growth area in it’s own right. Likewise I understand there to be a lot of facilities in the Southport area, such as shopping centres, hospitals and the like. Fingers crossed as this is my first (of many!) investments.
Cheers
Adam
[8D]
“Those who try and fail are far better than those who do nothing and succeed”Hi Guys,
Thanks for the advice [
]. I’ll check out the web sites (Soohie can these be uploaded to the links?) and I’ll look into getting a buyers advocate.Cheers
Adam[8D]
Hi Lynne,
Thank you, thank you, thank you! [
][][]OK I confess the search function is better than I gave it credit for.
And Andrew, thanks for the post![
]Cheers
Adam
Hi All,
As a newbie I agree that we ask what you old hands will call stupid questions that have been asked time and time again.[
] But remember what it was like when you first started.[?] Yes you can read books and learn, but if you don’t have a mentor or a teacher to bounce ideas off then how can you expand this learning.[]It would be a great idea if when placing a post you can select certain criteria that will make the search more user friendly.[
] I remember trying to find the “11 Second Rule” on the forum as someone said it was previously placed on the discussion board. I had no luck and unfortunately I still don’t understand this rule.[xx(]Anyway if something could be done to make searches easier it would be greatly appreciated. And I would ask all of you to have a little bit of patience with us novices. [
]Thanks
Adam
[8D]Thanks Tim and Trueblue,
I am most definately in this for the long term and am looking at purchasing at least one property every 6 months. Thus within a five year period I will have at least 10 properties. I will need to look at the tax breaks that a company will offer as opposed to an individual, but the information you have given is very useful. I work in Hong Kong and therefore there are other issues that need addressing, such as having to purchase new property as I am not a resident of Australia.
Anyway thanks for the info!
Just a thought – “Opportunities to make money are all around you!
Hope you all have a profitable week!
[]
] You have obviously had a very hard childhood and adolescence and feel that you have achieved all you have on your own. Now you feel the need to show people just how far you have made it. You do not seem too bothered as to who is listening as long as someone is.
]
], luckily no children to get involved.
]. My strategy is to purchase buy and hold properties for 5 – 10 years, sell and then reinvest the profits into positively geared properties. So initially if the properties are negitively geared but will make large capital gains then this is not an issue.
].
]
] But remember what it was like when you first started.[?] Yes you can read books and learn, but if you don’t have a mentor or a teacher to bounce ideas off then how can you expand this learning.[
