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  • Profile photo of kay henrykay henry
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    July 21, 2004 - 6:49 am

    hmmm

    I just rang that number (Thanks Terry!) and it won’t be Anthony Robbins… it will be Darren Bagshaw, who is one of his head trainers- a canadian guy… awww. Damnit! How come I never see anyone famous!

    kay henry

    Profile photo of kay henrykay henry
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    July 21, 2004 - 6:45 am

    Freak, I’m quite happy being dishonest :o)

    Anyone going to this? It’s on this evening? Anyone wanna go? What about the usual suspects? sis? Chan? PG- where are you?

    kay henry

    Profile photo of kay henrykay henry
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    July 21, 2004 - 6:42 am

    Yes, freakster, and as I don’t have an original thought in my head, I’ll ape anyone who’s apeish enough :))

    So how does one get on Allen’s register? If the dude can make me a millionaire through property, given my current situation, and it’s not through any dodgy means, I’ll follow him wherever he leads. hehe.

    kay henry

    Profile photo of kay henrykay henry
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    July 21, 2004 - 4:21 am

    Oops, another thing to mention here is defamation. Obviously, the Forum would not want to be involved in ugly defamation proceedings. It’s a really public forum here, and people’s reputations can be on the line. It’s not a good path to go down. It’s one matter to say someone is a [clown] It’s another matter to allege that the [clown] is a fraudulent clown.

    kay henry

    Profile photo of kay henrykay henry
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    July 21, 2004 - 4:08 am

    bennido,

    The problem with naming names… well, I can tell you Mr Blah Man, the local RE agent, lawyer, accountant, QS etc, is a psycho… but who says I am not a psycho myself?

    There is no credibility in making allegations about someone anonymously. Perceptions can be really different, and I could make a heap of nasty allegations about someone- and do it for a range of reasons. I could do it because I am dissatisfied with their service provision; I could do it because I made a pass at them that was refused; or I could do it because I am simply deranged.

    If you have a concern about an individual or organisation/company, it will probably have a far better outcome if you make a formal complaint to the Body that is reponsible for receiving complaints.

    kay henry

    Profile photo of kay henrykay henry
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    July 21, 2004 - 3:11 am

    elinitha,

    It’s possible that the vendor asked the RE not to pass on any offers below a certain amount. I know when I was selling a place, a vendor made an offer about a similar amount below asking price to yours, and the RE told me about it, but said he’d refused the offer on my behalf. Remember, the Agent is acting on behalf of the buyer, and the buyer is paying him mega-bucks to not have to deal with buyers, so it might be worthwhile to rebuild a relationship with the agent somehow- seems like the relationship is not really working now.

    As for the Agent being rude, well, I guess you get that in every profession. Unless the Agent is acting illegally or unethically, then I doubt you’d have much luck in making a complaint. you may need to set some firm boundaries for the Agent in your continued dealings with him, letting him know that you want to be treated respectfully, and that you’ll oblige him by doing the same.

    My thoughts are that sometimes buyers want an agent to undermine the vendor, and hopefully agents won’t. He needn’t have been rude about it though.

    kay henry

    Profile photo of kay henrykay henry
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    July 21, 2004 - 3:00 am

    Bennido :)

    I think you’ll find many of us are just simple folk, trying to learn as much as we can too. I’ve been on the Forum for 9 months, but I make sure I read as many posts as I can- even if they don’t seem relevant to me today- they may tomorrow.

    Best of luck with it all, and I don’t know the figures, but you can bet a lot of us started off with neg properties, and we’re doing ok- whether we decidec to stay neg, or go for positively geared properties :) RE is a game of patience really. but it’s fun :)

    kay henry

    Profile photo of kay henrykay henry
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    July 21, 2004 - 2:45 am

    Del said:

    “I think the NZ market will still go strong for at least the next 6-12 months, but who am I?”

    Del, I think people really enjoy hearing your opinion about this stuff. You’ve obviously been successful in your strategies. Don’t downplay your contribution or opinions- you’re a star :)

    kay henry

    Profile photo of kay henrykay henry
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    July 21, 2004 - 2:40 am

    $0 – $6,000
    Nil

    $6,001 – $21,600
    17c for each $1 over $6,000

    $21,601 – $52,000
    $2,652 plus 30c for each $1 over $21,600

    $52,001 – $62,500
    $11,772 plus 42c for each $1 over $52,000

    Over $62,500
    $16,182 plus 47c for each $1 over $62,500

    __________________

    If I am in the highest tax bracket, I am paying 47 cents tax in the dollar, viz a viz, I can get back 53 cents in the dollar; if I can reduce my taxable income to, for example, 20k, I am only paying 17 cents tax in the dollar, which means I get 83 cents back in the dollar.

    kay henry

    Profile photo of kay henrykay henry
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    July 20, 2004 - 12:57 pm

    Marisa,

    You probably would have thought of this, but fly screens on windows are essentials, I think.

    kay henry

    Profile photo of kay henrykay henry
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    July 20, 2004 - 8:36 am

    Happy birthday Simon- and how will you be celebrating your birthday?

    PS Hey Jay- why doncha stick around more and say stuff? [goatee]

    kay henry

    Profile photo of kay henrykay henry
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    July 20, 2004 - 8:34 am

    So expat,

    In case I am not one of the Chosen Ones to become a millionaire, how does one become a millionaire in 101 days? I haven’t read the 1-minute millionaire- I guess I kind of thought it took a longer time than 1 minute or 101 days- yes, I know- I’m slow. [blink]

    And don’t worry, expat, your property boom will come. Personally, I still think one can make money in the current times- it’s a down market- perfect time to buy :)

    kay henry

    Profile photo of kay henrykay henry
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    July 20, 2004 - 7:54 am

    hehe, yeah, Derek :) I guess I would have to pay something like $4990 to be in with a chance anyway.

    Sorry Freak [happy3]

    kay henry

    Profile photo of kay henrykay henry
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    July 20, 2004 - 7:50 am

    Yes?

    kay henry

    Profile photo of kay henrykay henry
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    July 20, 2004 - 7:18 am

    It’s an interesting challenge Allen makes- $1 million net worth in 101 days? 3 months? how could he possibly do that?

    Anyone got any ideas on how one could become a millionaire in 3 months? How much money would you have to have to begin with? Some? None?

    I wouldn’t mind being one of the ten :)

    *shoves Supa Freak off the perch* [angry2]

    [baaa]

    kay henry

    Profile photo of kay henrykay henry
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    July 20, 2004 - 7:03 am

    So do ya think it will actually be Robbins at that preview? Or a big screen with a video of Robbins on it, and one of his sales people out the front? I would seriously think of going if I thought it would be him (I love visiting cults!) but if it isn’t him, I can stay at home and watch the infomercial.

    kay henry

    Profile photo of kay henrykay henry
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    July 20, 2004 - 4:31 am

    Meriton has built a number of new unit blocks in south yarra- oh dear.

    Bennido, a 70’s or 80’s block can have their own difficulties. Not quite art deco, and not quite euro appliances. The 70’s-80’s apartment blocks can suffer post-boom- there’s quite a goo9d article in a fairly recent API about these, and there’s been some articles you can look up in google.com.au about them too.

    I wouldn’t worry too much about it- just keep it, and relax, and if you want to go the pozz gearing route, then adjust your finances accordingly. Many positive gearers on this board have a neg geared property or two in their portfolio.

    kay henry

    Profile photo of kay henrykay henry
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    July 20, 2004 - 1:29 am

    bennido,

    Most new or newish apartments will be negatively geared, but you would have known that when you bought it, right? As long as the area you’ve bought in is not over-supplied, you should be ok. Depends on how much you bought it for, I guess. I think hugely exxy apartments that are indistinguishable from the many others in the building re not a good investment, personally. But you’ll no doubt lose more mnoney if you sell now than if you keep it, so keeping it is really the only option.

    bennido, I’m wondering why you bought a place 6 months ago, and are already thinking about selling. Were you told you could flip the property for CG? Generally, RE is a long-term affair. You can’t buy an expensive property 6 months ago and sell it now for great CG- and the tax laws ensure that anyway.

    If your property is in a small block, has a view, if the area hasn’t been over-developed, if your apartment has outstanding features, then you’ll probably do well. Otherwise, just use it to tax advantage as Derek has suggested, and chuck money into it to increase equity. You might want to also get an independent valuation of it, or check out what others like it are resaling for, to get a true idea of your financial situation.

    kay henry

    Profile photo of kay henrykay henry
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    July 19, 2004 - 11:29 am

    Phil,

    You can put your email address as a signature at the bottom of your posts, as many do here. There are abunch of people providing services on here. Just make sure you advertise your service at the bottom of your posts- not as content within the posts, and you’ll be right.

    kay henry

    Profile photo of kay henrykay henry
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    July 19, 2004 - 9:34 am

    Try this link, taz. I think the focus of the thread was on the person in financial difficulty.

    https://www.propertyinvesting.com/forum/topic/11718.html

    Here’s a thought: offer fair market value, and don’t take advantage of the vendor’s situation :)

    kay henry

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