Before you go home from work today don’t forget to finish all the things you have started there. Keep doing this for a while at home and at work you will be too exhausted to start anything. Then you will be happy not with what you had or what you will have but with what you are having at that moment. It’s a state…[Read more]
My daughter woke me up this morning asking for $10. I had only $5 in my bag. [] I wished I had $50. It must be a nice dream last night with thounsands of $50 notes.[]
I’m a big spender. Usually I don’t know how much I have in my bank account. Once work didn’t pay me for weeks I only found out when I run out of money. Can’t help it. Let’s see what I can do with $50:
With $50 —-> charity or
1000 * $50 —-> charity + parents + DIY renovations
2000 * $50 —-> charity + parents + deposit PROP for 1…[Read more]
The rent for my IP in Sydney has been decreased by 5% in the last 2 years. However rents have been increased heaps in Canberra, more at the low end, less for city apartments.
Thanks Bron, we’ve been doing whatever we can for his family since. The shock has made us to re-assess our priorities in life. It’s a good lesson for us.
Thanks all for your inputs. I agree that all helps that we can give to our children are good but still fear it can result in disasters if not handle properly. It’s a question of how to help our kids effectively and without bad consequences.
My thoughts are :
1. Educate them : like Steven’s children, mine achieve highly in academic but know not…[Read more]
Hi Julian, It’s not easy but why not! Some smart people can achieve both. I like your motto.
Personally I don’t like gaining wealth in the expense of losing other important things in live. Recently I lost a good friend. He started late so he worked so hard to build up wealth for the family. He did very well. Within a few years he bought a…[Read more]
Thanks Melbear & Bluecat, I will check and proceed with the change-over before I feel sorry for the existing agent again.
Regards
Huey
PS. Hi Melbear, I was flat out with cleaning up the house to make room for my son’s family to move in. They’re already with us and settling down comfortably. Apart from that and the busy Christmas & 2 New Years…[Read more]
We can lose good friends when :
1. We don’t have time to see them as we used to.
2. We can’t stop talking about Property investing when we see them.
3. The degree of our arrogant attitude increase with the number of property we acquire.
We will lose over-jealous friends but they are not good friends anyway.
Their stocks are in top price ranges because they select good locations & good developers. I wanted to get 2 but only could afford one. I bought it 2 years ago. It’s neutral geared but good capital gains. I’m not sure if we can achieve the same if we buy in today market.
I will print the list & stick it on the wall or somewhere that my hubby can see. I’ve been covered with spider webs and dust from cleaning the garage since this morning. I need a month to catch up with all those tasks.
I will buy that book. I will contact you for coffee next time we make it there. Currently we have lots of concerns about our IP in Sydney. Your advice will be most welcomed. Pls send me your mail address at tranvh2000 at yahoo.com.au.
I bought 1 through them. They are nice people. They select good properties from a number of well known developers and sell for them. They receive commissions from the developers just like other real estate agents. You pay the same as if you approach the developers yourself. It’s convenient when you want to buy properties…[Read more]
Hi Dingo, instead you should look around and post to us details when you find more +ve cash flow properties than you could handle.
… but hang on guys! Don’t you think that we should support the locals?
Hi Mini, your posts has created a miniwave similar to Steve’s book has make a hugewave causing another property boom in the last few months. I…[Read more]