I’d like to add to this as I have been on work cover for a few months due to ‘a work place injury’. My payments reflect what I have been earning and I intend to return to my job when my doctor deems me fit to return. My pay (fortnightly) has been consistent with what I was earning prior to going on work cover. With the intention of going back once…[Read more]

Hi Dr.X,
This is only my personal values on having a TV. I personally don’t own one, but I do have access to one if I wish to watch an SBS/ABC doco. As I’ve stated in one other previous post, I mentioned ‘watching commercial TV is akin to brushing black paint over your eye balls. It doesn’t teach you to think for yourselves.’I also don’t know how…[Read more]

Hi Coops,
I’d love to submit my rental application for your 3 bedroom, double garage house for ‘$140 per week!’ Do you mind if I hold the lease in my name and rent the other 2 rooms out to a couple of friends?
Regards,
Gatsby! (‘bilingual dyslexic’- I can’t sequence words in ‘2’ different languages!)

“Sometimes the hardest thing to do in life is…[Read more]

Dr.X,
Great post BTW! I guess I’m fortunate really as I only get this problem very rarely (after all I started out with nothing and I still have most of it left!). But I do think these judgmental people border on the point of being rude. I mean what reply do some people expect? “Ok, I’ll swap property investing with what’s behind door number…[Read more]

Hi RTC,
I know this doesn’t answer your question directly.
However, in an indirect reply, do you have other equity in the form of a sizeable amount of superannuation, etc for example that could be used in your favour?
Cheers,
Gatsby!

“Sometimes the hardest thing to do in life is often the best thing to do.”

There used to be an old saying,
‘Never mention religion and politics.’ Today I think it more apt to change that to,
‘Never mention property and politics.’
Cheers,
Gatsby.

“Sometimes the hardest thing to do in life is often the best thing to do.”

I would recommend seeing Dale Gatherum Goss who is in Kilsyth. I don’t use him as my accountant, however I went to see him last year about asset protection and found him very informative and helpful. I think your first appointment is free (as mine was last year, however this may have changed?).
Good luck!
Gatsby.

“Sometimes the hardest thing to…[Read more]

Like Simon suggested, put it on the market somehow. The only way of finding out what something is worth is when someone is prepared to buy it (ie the market)
Cheers,
Gatsby.

“Sometimes the hardest thing to do in life is often the best thing to do.”

I would have thought that the local council would be a way of finding previous sales data?
Cheers,
Gatsby.

“Sometimes the hardest thing to do in life is often the best thing to do.”

Hi Allan,
my sympathies and prayers go out to you with the enormous pain and stress you must be going through now. I don’t know what to say in regards to any legal advice but can only empathise with you in your pain. Three weeks ago I lost my brother in law who was like my own brother. He was financially very successful and took his own life. This…[Read more]

Hi jaja,
I attended the PPPW seminar yesterday. It was truly a ‘hands on’ seminar in every sense of the word. What I took away from the day was how investors, or those looking at investing can become better armed with simple, but often overlooked steps when buying, from not only the buyer’s needs, but also from the needs of the vendor. Steve gave…[Read more]

Obiwan,
I am afraid I agree with you. I know it’s been my choice (re:degrees) but I’m more qualified than my managers are and I don’t wish to become a manager in my field due to the politics and I still won’t be able to apply what I learned. I think the thing about Uni education is that the real benefit is that it teaches you to think lateraly in…[Read more]

Collie,
Congratualtions!!!!
Feel proud of what you have achieved!
Regards,
Gatsby!

“Sometimes the hardest thing to do in life is often the best thing to do.”

Hi RichLee,
Simon and TMA points are very valid. Personally for me though, my comfort zone for investing wouldn’t be in investing O/S, although many people have made great returns in doing so (eg. NZ, US, etc). If I was buying interstate my personal choice would be to still fly there and double check on my due…[Read more]

My plan is to recruit a platoon of mercenary ‘Army Ants’, have them disguised as ‘rice’ and rob a chain of Chinese restaurants!!.
Then I’m going to make a low budget independent movie about the escapade and entitle it,……….”RESERVOIR ANTS!”
Cheers,
Mr Gatsby!
(or is it Mr Pink, or Mr Brown?)

“Sometimes the hardest thing to do in life is…[Read more]

Hi Patrick,
for a comprehensive, full, wound up review for all of today’s current property/economic climate, feel free to pm me. Now it’s back over to Rob and Dmichie for tonight’s weather.
Cheers,
Gatsby.

“Sometimes the hardest thing to do in life is often the best thing to do.”

Calvin,
I may have to meet you sooner than you think! This other torch doesn’t come with batteries either!! Hang on while I find the light switch………….THUMP!
Gatsby! (OUCH!!!!!)

“Sometimes the hardest thing to do in life is often the best thing to do.”

Yeah, but it didn’t stop me going back to buy another torch?
Gatsby?

“Sometimes the hardest thing to do in life is often the best thing to do.”

Hi gilad,
I don’t know if you have been to any seminars (I’m just assuming?). Perhaps go to a few ‘freebies’ first and examine all the holes in what they quote as ‘facts’ (then check the claims they make for yourself) and see if you find any common threads in the presentations (eg ‘congratulate yourselves for taking the time to come along, sexy…[Read more]

Red, I’m still lost? I bought a torch that said ‘batteries not included’, so I went back and bought another one!
Cheers,
Gatsby!

“Sometimes the hardest thing to do in life is often the best thing to do.”