Forum Replies Created
KH,
How much rent are the pensioners expected to pay sis and Chan?
What do you think if he give the investors 10% return already. Something like 15% return for the whole deal where 5% go straight into his pocket.Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]may be V.O. is watching or reading this topic as well,
Hello V.O. nice to see you, wanna say something?
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]the next one will be this coming weekend – good luck
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]S.I.S
Taking the rest of day easy – right
Relaxing on the chair typing and staring into monitor screen just like me.
My boss just gave me a big project, better get on with it now otherwise can’t finish it.
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]Can you tell me where the properties were in Parkes? I know the area reasonably well and there are some definite good areas and some you do not want to be near.
Most property in Parkes are at the edge of town with most of them are home and land packagesWere they on the southside of the railway line? That is flood country
I don’t care back then because I did not intend to buy. I can check for you in the map, but I am at work can not do it now.Did anyone sign on the dotted line whilst on the bus tour? (someone may have been that stupid!)
Yes
Do you mean to say that people did not even get a solicitor to look over the contract? Are people really that naive?
yes they are that naive and they will lost 2% of purchase price if they pull out later.Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]KH – Pensions are not incresed in line with CPI – true
V.O. will increase the rental return if the pensioners get their payment increase.
yes he did told me about this. he also said if you get a bank valuation on the property you won’t get $240k. So you have to come up with the different.
S.I.S, have a got sleep last night? I feel asleep in the sofa when I got home.
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]They probably got a cheap deal on the alchohol from whatever was left from the Elvis weekend
We was drinking with Elvis Shadow.Can you tell me where the properties were in Parkes? I know the area reasonably well and there are some definite good areas and some you do not want to be near.
Most property in Parkes are at the edge of town with most of them are home and land packagesDid anyone sign on the dotted line whilst on the bus tour? (someone may have been that stupid!)
YesWarm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]KH,
Just me and S.I.S. the rest does not identify themself.
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]Hay Henry,
Who are you referring too?
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]NTTT – Not Telling The True
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]Quoted:
Fantastic, you can now turn around and wrap themIf I do wrap there’s going to be a 4 ways wrap.
S.M – 2 ways wrap (SM & Wrappee)
V.O – 3 Ways wrap (VO , Wrappee & Tenant)
Chan$ – 4 ways wrap (Chan$, VO, Wrappee & Tenant)Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]Rugbyfan & All,
Quoted:
In all seriousness, S.I.S and chan$, can you give us a run down of the demographic on the tour. Were they pitched at your young invetsors or the more mature ones?The tour was really good. You get to learned each country town along the way. There are approx. 10 towns that we visit. Most of the property that we inspected was just a drive by inspection, but there are 1 block of 4×2 Units that was open for inspection in Cowra.
In the bus, there are 2 handout of booklets of property and land for sale and their details. When the bus reach one of the town they tell you what is the population in town, what industry and other coming in town in the next 5 years. pops grownth and so on. There’s also a mortgage broker in the bus as well. So you can get loan while your are in the bus.
We stay overnight in Parkes, nice hotel and good foods, all drinks are included for free from beer to wines….can get you drunk for free.
They also sale a lot of house & land packages.
That’s all I can say about the tours. Except I will never buy anything they sale.
Previous message from me is NTTT
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]Ask V.O. he’s building 1000 or more in country area
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]Quoted:
Would like anyone’s thoughts on what they think will happen with the Brisbane Property market over the next 5 (or so) years?1/3 – Boom
1/3 – Bust
1/3 – NeutralWarm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]There we go debate b/w beach and inland house.
Just go out there and buy one beach house and one inland house wait for 10 years and see which one is better.
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]Dear All,
The trip was really good. S.I.S and I spended 2 days talking in the bus, actually that’s all we can do beside looking out of the window. As S.I.S said V.O. Feed us too much food.
NTTT – I did not buy a block of 4x2Br $240k returning 10% ie. $24000pa, no management fees, no maintaining fees, 5×5 years lease to pensioners. I also did not buy another block of 4x2brs Units for $300k returning 10% as well. Good Deals?
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]I finally can post again. PI.Com just sentenced me for one day.
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]Go to your local newsagent buy ‘Property Investors Magazine’. The last 10 pages or so of the book listed all types of investing books ie. Property, Shares Investing, tax and so on.
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]Linda,
Currently I am renting from my Sister-in-law living only 15 house away from me. I pay rent at market price to the real estate agent. This way the ATO won’t think I do illegal thing.
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]I have recently purchased my first investment property. After the building inspection today, I have been told restumping (approx $6,000) is required, amoungst a few other things.I don’t think you have purchase it yet. I make a mistake one when the property need a new retaining wall I just wouldn’t bother to negotiate. 1 week later the real estate agent sold to other $30k more.
Warm Regards
ChanDollars
[Keep going, you’re nearly reach the end of financial freedom]
