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JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 6:46 am
Am I on the right track?
Training finish, going home.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
Participant
@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 6:45 am
12 Balls:
4A = 2AA+2AB
4B = 2BA+2BB
4C = 2CA+2CB
4A VS 4B
if 4A = 4B then
2CA vs 2AA
if 2CA = 2AA
1CAAA vs 1AAA
if 1CAAA = 1AAA
1CAAB is the solution
if 4A <> 4B
4C is the standard ball
2AA vs 2CA
1AAA vs 1CAA
solution
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
Participant
@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 6:26 am
Mortgage Hunter,
Because of this quiz I lose a lot of posting today…lol…
Back to the quiz…thinking…
Any clues?
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 6:23 am
Not much advertising in the media, but if you go direct to area I am sure you still be able to find some which is meet the 11 seconds solutions.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 6:19 am
Originally posted by Shushar:
I find the trick is to be very organised and have a great accountant.
I keep all my paperwork in separate folders with a different folder for each property.
Each month the property manager sends me a statement of all transactions – these get enetered into an Excel spreadsheet and immediately filed.
Bank statements are the same.
The paperwork takes me about an hour each month and I actually enjoy it because it gives me a chance to reflect on what I have acheived.
Cheers,
Shushar
“All our dreams can come true, if we have the courage to pursue them.” – Walt Disney
That’s a very good advice and I also believing in your system.
I file every property in a separate folder. One property have 2 folders. 1 for initial purchase and the other for property management.
3 months before 30/06…each year I go through each folder and put down everything in excel and bring it to my accountant. The fees will be much less because less paper for the accountant to do.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
Participant
@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 6:08 am
Also if you do a 5 days court for real estate (I have not done it) then you be able to use it as to spot property and on sale to investors.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 5:53 am
Neney,
Since you have a lot of questions, may be you should start of with just one quesion and move on to the next …
So where is your questions?
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 5:51 am
if one bank don’t lend to you/friend then try another bank or use mortgage broker!
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
Participant
@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 5:45 am
Originally posted by HousesOnly:
I totally agree with teabagted especially the sentence “Too many silly, trendy people paid too much for their properties and created an expectation among their neighbours”
I also agreed!
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 5:42 am
Originally posted by battz71:
G’day Marisa,
If you can, grab a copy of the latest Australian Property Investor. There is good article on a couple that have invested extensively in +ive cashflow properties, including Ipswich.
Also if you do a seach for IPSWICH, you should find a few posts..
Cheers,
Battz
The last 2 copied of property investor magazine detailling about a couple (can’t remember there name) buying 20+ +ve cash flow property in 18 months and yes a lot of them in ipswich!
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 5:38 am
OK here is the answer, I hope:
1. Put 5 balls on left and 5 balls on right! Therefore, 2 balls not on scale. If Left = right then the 2 balls is the answer. ie. take one of the two and one of the ten ball and you be able to find out. (only two steps here)
2. If Left <> Right then that mean 2 balls left is the standard ball. Now take 5 balls from left, keep one and put 2 on left and 2 on right. if left = right then the 1 ball not on the scale is the answer. If left <> right then take one ball on the scale and compare to anyone on scale.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 5:24 am
Where is Bill Clinton’s Speech?
.
.
.
lower please
.
.
.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
Participant
@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 5:22 am
Originally posted by KewlDude:
Hi Julie,
I think chat channels can become rather purposeless after awhile – like – hi how’s it going ? what u u up 2? Etc etc.
With a forum board real topics get raised & answered & it also provides a searchable database.
My personal opinion – if this were a chat channel – I wouldn’t participate – sorry!!
Cheers
Kym
[V]
I agreed! and you can alway go back to the old topic where as chat channel, don’t think so!
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 5:18 am
Originally posted by admin:
The web-development team behind the latest version of PropertyInvesting.com are coming towards the end of a 6 week sabatical before they return for another round of upgrades to PropertyInvesting.com.
Keep an eye out for some more upgrades coming soon.
Brent
Can’t wait! so when is the actual don’t for the next upgrade?
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
Participant
@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 5:15 am
Originally posted by georgisj:
March 26 – Collingwood v Richmond at the MCG.
21 days, 5 hours and 45 minutes…but who’s counting
James
Thanks, may be I will do the counting from now…lol…
If I do the counting then my post will increase too fast…lol…
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 5:06 am
The leasing agreement from the vendor will state clearly in the contract. If not then you should contact the agent for more details.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
Participant
@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 5:02 am
Originally posted by HousesOnly:
So in summary, I can increase the mortgage on one IP property to provide a deposit for another IP or two at any time and claim this ongoing interest as a deduction. Does one have to be able to produce an audit trail of the capital flow to prove it was used for another IP and if so how (bank statements are not too revealing)?
Yap. If need prove the settlement document, bank statement when you draw money and where you use it ie as deposit.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 4:58 am
Originally posted by battz71:
A couple of examples I came across during a buying trip I had late last year…
1. Property was actually on the main highway (which was also a road train route[!]) but that section of the Highway was renamed, so unless you were a local you’d have no idea.
2. Property was neighbouring a railway line and directly opposite a rail freight terminal.[V]
Now the problem with these examples is even if i had done all my inspections: pest/electrical/building and even if I’d had commissioned my own independant valuations, there is a good chance the I would not have know that they were on railway lines/major highways.
And do you think the agents in either example offered that information?
If I trusted someone in the are to “check out the area” to give you a general overview, then that would be a different story…
Cheers, Battz
If you used a local pest or building inspectors you can alway ask that person once the inspection done. That’s what I did. The building inspector guy been living there all his life so he even know the street name and where it is. is it a good/bad street?…..
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
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@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 4:54 am
I guess it is depend on the area and where you go.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
JetDollars
Participant
@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 4:52 am
Originally posted by redwing:
MUPPET…
AND BY THE TIME YOUR ATTITUDE CHANGES “SHE” CAN”T GET INTO ‘THOSE’ PANTIES [}]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
lol
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]