gsai1177 replied to the topic Cash flow + property — who needs it??? in the forum General Property 20 years, 5 months ago
The real question is what is the right investment strategy for today and tommorrow. We all know what we could have done 12 months ago. Holding on the property for other reasons may be fine, but trying to acheive a greater capital growth than 300K in one year smacks of greed to me and what would the effect be on rental returns and capital growth,…[Read more]
gsai1177 replied to the topic Bird-dogs in the forum General Property 20 years, 5 months ago
Leigh K,
If this is the case then I obviously don’t understand what a bird dog is. Perhaps Steve can help out because he mentions in his book that time rich persons can help out time poor persons with this whole bird dogging thang. If you cant take a kickback from the sellers agent or introduce a buyer to the seller or the sellers agent then…[Read more]
gsai1177 replied to the topic Interesting little bit of info…. in the forum General Property 20 years, 5 months ago
All I know is that 1 rod = 198 inches or 2376 lines. However there are 25 links in 1 rod or 5.5 yards and of course 1 rod = 5.029 metres. If that isn’t enough significant figures for you then 1 rod = 0.001041667 leagues. Hope this helps but of course I know it won’t.[thumbsupanim]
gsai1177 replied to the topic Interesting little bit of info…. in the forum General Property 20 years, 5 months ago
Hello,
There are 4.971 links in 1 metre, and therefore there are 0.04971 chains in 1 metre. 1 Chain = 100 links. But Did you know that 1 chain = 4 rods or 0.1 furlongs = 22 yards and/or 198 hands. This is because 198 hands = 66 feet or 792 inchs.
Your all probably saying well “der” everybody knows that. But I bet you didn’t know that 1 chain =…[Read more]gsai1177 replied to the topic are there any positive cashflow properties left? in the forum General Property 20 years, 5 months ago
Thanks LeighK for your advice and for giving me some hope to keep looking. After further going through the forums I found some suggestions for places in Australia like mt.isa and maddington where I found some properties that do meet the 11sec criteria so at least I know they do exist. I’d be concerned though about investing in these areas…[Read more]