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  • Profile photo of kay henrykay henry
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    @kay-henry
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    Elysium- thanks for the wine tip :o) Mostly i don’t drink actually- it makes me a bit sick, and I don’t really like the taste of wine, beer, champagne. Occasionally, i’ll have a lemon ruski or something to mask the taste of alcohol.

    Three weeks until i go to austria, so i’m trying to deny temptation in a variety of ways :)))

    kay henry

    Profile photo of kay henrykay henry
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    I’ll be missig out on the next one sis- i’ll be in austria!!!! :)) And thanks for the congrats- you’re sweet.

    kay henry

    Profile photo of kay henrykay henry
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    hehe sis, you cryptic fellow….

    What on earth are you talking about sis? all this “be careful” stuff- be careful of what and whom and why? I do think we’re all adults, sis. But i am interested in this new drama- do tell!

    kay henry

    Profile photo of kay henrykay henry
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    jancrows,

    Is your pic up there? I didn’t see it :o(

    Who said anything about plastic surgery? I just wanna see people as they are- not as they imagine they’d like to look like :))

    kay henry

    Profile photo of kay henrykay henry
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    Pisces,

    I’ll make a quick reply to this, because I think you’re not understanding what I’m about.

    I enjoy this board, because it helps me to think through the way i wish to conduct RE transactions, and the way I want to live my life. I have no need to be popular- I have never sought that. Respect is more important to me than being a popularist. But respect from others is not vital to me either- only self-respect.

    I will continue to discuss ideas on this forum- as everyone does- and I will continue to debate the issues- and not attack the person. I would prefer it if you did the same.

    If you have any further issues with me, that you wish to discuss privately, please do so. I am sure the forum doesn’t wish to see 2 members being critical of one another. I felt this topic was a fairly simple one. I certainly didn’t imagine that you would take anything I said so personally. I thought all who replied were just answering as they saw fit.

    kay henry

    Profile photo of kay henrykay henry
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    Phil,

    I love getting up in the mornings- but only on holidays! [:)]

    I start work late and end work late, so it’s not much of an issue for me. I’ve found though, that going to the gym makes me super tired. It also really regulates my body about eating properly etc.

    Activity in the evenings will make you feel like going to bed earlier, and wake up earlier with a lot more energy.

    If you have constant fatigue though, consult your physician [:I]

    kay henry

    Profile photo of kay henrykay henry
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    Yeah, lysium- give him a break and my bet is, he’ll catch up and he’ll probably develop a bit of loyalty to you for being understanding.

    Then it will be win-win.

    kay henry

    Profile photo of kay henrykay henry
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    wow Pisces- so angry!

    I don’t have to “prove” myself to anyone, and you may think of me as “fluff and no substance”- that, my friend, is up to you.

    If the discussion of ethics is seen by you as “drivel” then I can’t help that.

    You may now dismiss me as “talk and no substance”, Pisces. But I ask noone to “prove” themselves. You think i say things on here and then go and rip people off when I live my daily life? That would be a severe case of cognitive dissonance, whereas I kind of like to live authentically.

    Given that you did ask my opinion in your first post for this topic, it would be seen that you indeed wanted to hear it. Now that the discussion has moved further, you see the perspectives as “drivel”. That isn’t reasonable, Jack.

    Argue the perspectives- please don’t denigrate the individual who holds them.

    As you can see Markpatric- the kinds of perspectives that are about not hurting anyone… often target the author.

    kay henry

    Profile photo of kay henrykay henry
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    “scandalously cheap”- nice phrase Elysium ;)

    Steve’s book was written about property before the prop boom, so that has to be taken into account re cashflow pros.

    Similarly with neg geared props, however. You need to look not just at how property *has* increased, but also, how it might increase in value in the future. As we are not all born with psychic abilities, you will probably need to think about immigration, population, employment etc.

    But i believe that post-boom is all going to be about the old rule of RE- “location location location”, and that Aussies still have a love affair with the beach. We have an ageing population, and the notion of “sea change” was not made up. Noone talks about “outback change” so presumably, people are not all paking up their bags and moving to the outback.

    Look at what’s happening *now*- not what happened 4 years ago. Old rules are gonna be under scrutiy, as we look at new realities. If prices fall, are they gonna fall for reasonably priced IP’s in great locations? I doubt it. But then again, two for one prices are always tempting :)

    Your own psychology and risk assessment will determine what you do.

    kay henry

    Profile photo of kay henrykay henry
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    Jancrows,

    If people have to put up fake pics of themselves, then they obviously don’t like the look of their real self :o) I like seeing pics of real people, rather than plastic ones.

    ky henry

    Profile photo of kay henrykay henry
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    hey Leigh,

    That’s a nice pic of you and Nathan :o)

    kay henry

    Profile photo of kay henrykay henry
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    kiwi :o)

    Getting employee of the month is a fantastic achievement :o) I would be incredibly proud if I were you! Sometimes the reward is not always in the envelope. It can be intrinsic, and I imagine it would look very good on your resume if you were dissatisfied with your current job- good for you [:)]

    As for getting 286 IP’s … well, good luck… If you’re new to this board, you can check out poster’s stories- many are so pleased to get their first IP. I have this philosophy in life to be satisfied with where I am. It means that I try to stay happy. “Striving” means that I am never satisfied- it works for me. 286 IP’s means that you may not be satisfied if you have “only” 10 IP’s. I hope that doesn’t happen for you :)

    At the age of 37, I believe that if I live according to the principles I have, then I have to be realistic about what I will have. The more important things to me are that my partner is proud of me, my family, my colleagues, and my friends. Most importantly, that I am proud of myself. When you get your first IP, you should be proud too! Also, maybe think of getting a job you love- that will take the pressure off getting those 286 IP’s.

    Best of luck with it.

    kay henry

    Profile photo of kay henrykay henry
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    Markpatric,

    Yeah, the RE game can often make me feel very discouraged. You get seen as a “fool” if you wish to pay fair market value for a property, whereas I just see that as being honest and decent.

    Given that CF+ houses are considered the only way to go, but seeing that we have had a RE boom, the only way to really get CG+ is to buy houses “undervalued”. I wonder what tricks people are using to get these prices.

    “lowballing” “bloodletting” etc- these are all considered de rigeur practices. As for me, I wince when I see that written down. I’ve read about “vulture financing” elsewhere- basically, amongst other things, it means waiting until the OTP market caves in, and then buying their properties for tens of thousands less than the purchaser paid for them. Making money out of other people’s losses seems like a world gone crazy.

    I would rather be a pensionaire than a millionaire if the latter meant having a career of ripping people off (even if doing so IS legal). I guess it’s a matter of doing unto others…

    kay henry

    Profile photo of kay henrykay henry
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    Seems like we have some vast interest amongst the group :O)

    And yes, Matt- i do love my work, but I said we couldn’t talk about work for this topic [:p]

    I also like playing my harmonica, going for long drives, spending time with my family when I can- but they are far away, so it only happens a few times a year :o(

    Come on folks- what makes you happy? What gives you that liberated feeling and takes the pressures off you?

    Let’s face it… whilst we all love property, being in so much debt etc, can be a pressure. What do we do to alleviate that, and feel the joy of life?

    kay henry

    Profile photo of kay henrykay henry
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    Rugby, yeah, I guess I’ll be skiing- even though I’ve never done so :) I’ve never actually been out of Australia- so this will be all new for me.

    I am going to hang out with the charming miss monika- she lives there, so we’ll be doing some wintery things- plus the usual things- going to bdsm gigs there, spending time with her friends, and making up for the time we’ve been away from each other [:X]

    kay henry

    Profile photo of kay henrykay henry
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    Congratulations on the wedding, Fibejebe! I admit I was one of the perverts who went to the “wedding night” page- hehe. :o)

    The whole day looked great Fibe- you must be very happy :) And I see you like wearing leather too!!

    kay henry

    Profile photo of kay henrykay henry
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    Thanks Matt!! I really enjoy this place :o) It’s nice getting to “know” people on here. I picture you all as a keyboard.

    kay henry

    Profile photo of kay henrykay henry
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    Mel,

    I love driving around in my car too! :o) Generally, though, I only get to do that in the country. Driving around in sydney becomes more like a chore than a pleasure [V]

    Driving is one of my favourite things to do actually :o)

    Makes me think of a new topic- gonna put it in the forum frolic section.

    kay henry

    Profile photo of kay henrykay henry
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    I wonder how sis will cope with seeing 3-dimensional property investors as opposed to us 2-D ones :o)

    kay henry

    Profile photo of kay henrykay henry
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    Thayer,

    A lot depends on your situation. a 90k investment is a lot different to a 440k investment! How much risk do you want to take? What can you afford? Have you thought about contingencies and an exit plan if something goes wrong? etc etc…

    Given that you’re new to the property game, one of the important things to know is that there is no “one size fits all” strategy to all this. You need to look at your personal circumstances and make decisions – not just about rental return etc- but on a wide range of things. Risk assessment and an exit strategy are crucial.

    kay henry

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