Forum Replies Created
From Johnny (crusty old man)
I believe that a new “Alternative investments discussion” forum which is separate from this forum, as suggested by EZ-RENT – is a good idea.
Having been “tied up” ([
]) in a field closely allied to the Building (and hence Property) Industry, i’ve experienced both the clean and the dirty sides of both businesses from the inside out. Both the Building and Real Estate industries can be very dirty. I think most people are aware of that – but (1) it’s a good idea to have a forum through which people can air their grievances (even negatively – if they want to) and (2) It’s important for people coming into the property arena to be made aware of some of the pitfalls from other members experiences.There will always a bit of “ying & yang” in everything. It is also very important to know the “yangs” in order to be able to capitalise on the “yings” in life – if you know what I mean. [
]P.S. DON’T GET THE WRONG IDEA – THIS IS AN EXCELLENT FORUM AND SHOULD REMAIN SO [
]“Popping a pimple in time – saves nine” [
]Thanks CRASHY, FUDGE111&BROZ00, WESTAN & TERRYW for your advice. [
]To WESTAN – I have already asked Eurofinance Capital to send me a Prospectus on their product so I’ll get back to you when the info regarding “what’s the money tied up in ? will you have any left after 5 yrs? i’d doubt it was capital guaranteed.” etc, becomes available.
I too am wary (hence the – [?] & [8D], in my original posting)
Regards Johnny [
]Could you please explaaaain – I’m relaively new to Property/Sharemarket investing. What do you mean by “how are they any better than Australian Capital reserve who advertise on TV all the time?”?
Regards – Johnny [
]Ditto – Johnny [8D] [
]How many do you expect to come?
Dear Arty2003
I think your saying – “Why work to the age where you cant enjoy what you have worked for !.” is fantastic.
The only thing I’d like to change for myself is – “Why work to the age where you cant” remember “what you have worked for !.” []Have fun – Johnny [
]Further to my original posting dated 16/08/2003.
The South Australian Government is presently looking for responses to their “Discussion Paper on Body Corporate Managers” with the view toward “Possible Regulation of Body Corporate Managers”. [
]According to the “Discussion Paper” – from 1997 to 30 June 2003, the Magistrates Court has heard 219 cases regarding the Strata Titles and Community Titles Acts. [}
]If you’re interested in getting a copy of the “Possible Regulation of Body Corporate Managers, Discussion Paper”, then please download it from http://www.justice.sa.gov.au/ (follow the link to “News”) and either (1) post your responses to the South Australian Attorney-Generals Department, Policy and Legislation Section, G.P.O. Box 464, Adelaide SA 5001. or (2) fax your responses to (08) 8204 1337 or (3) email your responses to the [email protected]. [
]All inquiries should be directed to Shane Sody on (08) 8207 1851.
I hope that some good will come out of these discussions and that something can be done to either curb the shonky practices of some strata “assistants” or better still – to completely drum them out of the business. This review must be welcomed by all South Australian strata owners and is long overdue. [
]Dear BEAR1964 – I’m also a South Ozzy. Would you please either supply me with your email address (over this forum) or reply to this posting regarding any possible “get togethers” etc with other crow eater propery investors. [
][][]Hi Alf
The only way I’ll be able to sort the “Whittler” out is to sell up and get out, but I wouldn’t give them that satisfaction. I’m an owner, and they have more power in our strata corporation than I do [:0)].
If anyone is wondering who the “Whittler” is – please refer to my posting “Whittles Strata Managers – MGA Group of Companies“, posted 16/8/03 [}
]Thanks adowland – That’s a good little program and better still – it’s free [
]Thanks alf, brianhc, cremin, noddies and westan for your comments in regard to “How do they get away with it?“.
I have one comment to make w.r.t. brianhc’s statement that “A Real Estate Agent is an agent for the vendor who pays their fee/commission out of the proceeds of the sale” and the “agent is obliged to get the highest price for the vendor, whose agent they are.“
In my original submission I said – “why do they only represent the interests of the vendor, and not the purchaser as well [?] A true “agent” does. For example – In a building contract, the architect is obliged to not only represent the interests of the client but must also represent the builder’s interests i.e. simply – be fair on both parties.”
My response to your comment is that –
(1) Architects are also paid by the client but they’re still obliged to both the client and builder.
(2) if real estate “agents” don’t really represent the interests of both parties, then why are they falsely calling themselves “agents” [?] – they should call themselves “vendor representatives” or some such other name. Using the word “agent” is missleading and missrepresenting the true meaning of the word.
(3) If real estate “agents” want to call themselves “agents” then why aren’t they required, by law, to actually perform that role [?]
(4) If real estate “agents” sincerely want the public to believe that they are true “professionals” (which is the rheoteric that they continually push via the media and by them wearing their obligatory black “power” suits [8D]) then why don’t they try and address some of these “real” issues and be “real” “real” estate agents [?].Regards – Johnny [
]Hello out there – hasn’t anyone tried this software before?
There must be someone out there that’s tried it. [
]Please refer to my reply to JasonA re “A Newbie Question...”
Regards – Johnny [
] [] [] []Jason – You sound like a nice, motivated young guy who is trying to do the best by your family. The only advice I have for you is to STAY CLEAR OF ANYONE WHO IS TRYING TO SELL YOU COURSES ON HOW TO BECOME A MULTI-MILLIONAIRE IN A FEW YEARS type schemes. Some of these schysters are charging up to $15,000 for these courses when all you need to do is read as many good books as you can on reputable property investment strategies. Like you – I’ve only just started learning the tricks of the trade and I’m probably a lot older than you. I have however – got a good nose for smelling out rats and enough wisdom not to get caught out by them – I hope. [
] [] [] []Also, remember “If it sounds too good – it generally is“
Thanks Marco – that was a great idea. I’m a Christian, so investing in a fund like that appeals to me. [
] []Thanks Sach for getting back to me again. I’m still weighing up each option. [
] [] []
]) in a field closely allied to the Building (and hence Property) Industry, i’ve experienced both the clean and the dirty sides of both businesses from the inside out. Both the Building and Real Estate industries can be very dirty. I think most people are aware of that – but (1) it’s a good idea to have a forum through which people can air their grievances (even negatively – if they want to) and (2) It’s important for people coming into the property arena to be made aware of some of the pitfalls from other members experiences.
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