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  • Profile photo of JetDollarsJetDollars
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    @jetdollars
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    March 4, 2004 - 6:43 am
    Originally posted by **PropertyGuRu**:

    and same goes for aussie riddle also and mel all these riddle doesn’t make much sense!

    Cheers
    [:)]
    PropertyGuRu
    I want to be billionaire! [;)]

    Agreed, but having a lot of fun!

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 6:42 am
    Originally posted by Rugbyfan:

    Are we allowed to score this test? Because out of 10, I give it a 2.5!

    Sorry Chan$

    ‘Eat rich food, barbeque a yuppie’

    Yes, you can score it because while I was on the train this morning I thought of it then!

    0/10 for me! lol…

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 6:17 am

    http://www.ez-rent.com/

    Download it and try it yourself. It’s great.

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 6:15 am

    Fearless,

    If you set up ‘Hybrid Discretionary Trust’ then you can do that. You still be able to do it with Unit Trust. But I like ‘Hybrid Discretionary Trust’ before for future where you can also buy -ve gearing property.

    How ‘HBDT’ where is that the two party borrow money from the bank and lend it to the trust. The trust use the money to buy property and distribute the unit to the two party of whatever amount that the party lend.

    is it going to be a +ve or -ve cash flow property?

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 6:09 am
    Originally posted by lawrence:

    Its not really my criteria, just an idea that I think would work well. I wonder if anybody else believes that it will. People with more experience than I perhaps. I think it is a very interesting idea that is rarely discussed. thanks for your input.[:)]

    For me I totally disagree. That’s just me because I only looking for area where population 10,000+ at this stage…This way it give opportunity for +ve cash flow as well as capital gain.

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 6:03 am
    Originally posted by **PropertyGuRu**:

    Don’t laugh else I will buy all properites in UK! :)

    Cheers
    [:)]
    PropertyGuRu
    I want to be billionaire! [;)]

    UK….OH YEAH a lot of +Ve cash flow property in pound
    rofl and kicking and slapping myself.

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 6:02 am
    Originally posted by Rugbyfan:

    Quote:
    Originally posted by Chan$:

    By 15th of January 2004, what is the total birthday celebration for the 12 babies?

    Warm Regards

    ChanDollars

    AND

    But I never wrote that at the arrival there is a celebration!

    Quote:
    I don’t quite understand the question Chan$.

    ‘Eat rich food, barbeque a yuppie’

    Every year the baby have a birthday except one baby who in a leap year. But each baby does not celebrate there birthday because I never said they celebrate it.

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 5:53 am
    Originally posted by **PropertyGuRu**:

    My ANSWER IS right lol

    Cheers
    [:)]
    PropertyGuRu
    I want to be billionaire! [;)]

    lol

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 5:50 am
    Originally posted by freedomfinder:

    you cant keep buyng -cf properties for growth and who can garantee the future growth as we are entering a new cycle. also as one has a defecit supporting growth properties one should balance the deficit by selecting to aquire +cf properties so one can again buy more -cf properties for more growth agree ?

    Totally agreed…offset gearing…here we go again.

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 5:48 am

    PG,

    Where are you? I need you to chat with me here to increase my post…lol…

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 5:47 am
    Originally posted by melbear:

    Chan, it depends what constitutes a ‘celebration’!! Just arriving to the day is a celebration in itself.

    Cheers
    Mel

    But I never wrote that at the arrival there is a celebration!

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 5:41 am
    Originally posted by HousesOnly:

    Does anyone know what would happen in the following situation.

    If one owns a PPOR with mortgage of say $100K and one buys another property which one moves into. Can one increase the mortgage on the first PPOR (to say $250K dependent on valuation) just before (say a month before) moving into the second property and claim all the interest on the increase mortgage. If not, is there any cut-off point at which this happens?

    It is depend on what one going to do with the money. If one use money to go holiday or pay off the second mortgage (which is not PPOR) then you can’t claim all of them.

    Where as one use money to buy 2nd IPs then one can claim all of them.

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 5:37 am

    Say you buy one property 01/01/01 and live in it for 1 year, move out and rent it. you have up to 31/12/07 to move back in to get GCT exempt.

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 5:04 am
    Originally posted by Still in School:

    Originally posted by Chan$:

    I guess it was her smelly underwear in the little bag1

    ah Chan$, you crack me up with your funny replies… [^]

    Cheers,
    sis

    People 4get that by saving just $3 a day & investing it sensibly
    over a working life, you’ll end up with around $1 million

    Now I am LOL

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 5:03 am

    Someone who have investment property in Darwin might recommend a good PM for BlackJack.

    I hope it will go well after all these trouble you go through!

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 4:50 am
    Originally posted by lawrence:

    …have a look at my logic.. maybe property investors could say “never invest in a town larger than 500 people”

    lol…it’s good that you have your own criteria…

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 4:47 am
    Originally posted by Still in School:

    so did you guys get much sleep at all last night?

    …. personally, i end up sleeping in and didnt get to class, till almost the end of the lesson… but ill tell you what… If either you Chan or Guru, were there, you will have big argument with the teach about trust, so many things she says is incorrect and some of the stuff is unbelieveable in what she says…

    I don’t have much sleep either. I was late to the training this morning.

    So what did she say?

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 4:18 am
    Originally posted by Celivia:

    These are probably the sh#t heaps that real estate agents call: Lots of potential, renovators dream, needs TLC, For the handy-man etc?
    I am not interested in run-down properties, because these cheap properties are not in the area I live. If they were, I would certainly think about buying one as cheap as possible, then renovating to increase the value and better rent. But I’d never buy this crap and leave as-is. I don’t believe that tenants actually want to live in them[xx(], it must be so depressing to live in a sh#theap and maybe to have to raise kids there. I couldn’t stand by and see cute little kids having to live in bad conditions. Even a dog should have a nice kennel imho.

    I totally agreed. I would love to do some renovation in some stage of my life. But reality is that I can’t find property that’s close to my home so I can do that.

    If I buy those +CFP which is far away then it’s pretty hard to go there and do the renovation.

    As most of us here working Mon-Fri and usually looking for close by for renovation purpose.

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 4:17 am

    Melbear,

    Yes please, can you reveal it!

    Please,

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of JetDollarsJetDollars
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    March 4, 2004 - 3:10 am

    I guess it is called M7.

    There’s also the proposal of building a huge park as big as Centenial Park or better some where around there as well.

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

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