Hi Foundation
I have a pretty good handle on the 1991 crash in Russia. My wife is a Russian doctor and lived through that period there. Her father was high in the communist party in his area and had lots of privileges that the normal Russian did not have: he lost absolutely everything he had in the bank.
To answer your question if he had his money…[Read more]

Hi All
Talking about a World wide economic crash is ok, but if it did happen then no amount of planing on any ones part would save them.

Here is a scenario for you to pounder over.
The World economy collapses 21st August 2007, stock market disintegrates: financial mayhem rules. People can’t pay there debt loss of millions of jobs, gove…[Read more]

Hi Dazzling
I am not sure if you have done any other seminars since you attended Craig’s, but I have been to quite a few. The first I went to was John Burley in Sydney, then one of Steve’s and of course Craig’s I also have a few CDs of Rick Otten’s live seminars.

You stated that “Technically, that’s where you go wrong Kerwyn. I seem to…[Read more]

Hi All
This will probably come as no surprise but I think Smithy29 is pretty well on the money regarding Craig. Many people are willing to form an opinion based on a few minutes listening without taking the time to get some in depth education. You can form a negative opinion about Steve McKnight or Rick Otten or even John Burley who Robert…[Read more]

Hi All
I have the highest regard for people’s opinions and will entertain them willingly. What I am saying is at least do a bit of constructive research before bagging someone on the forum.
Look behind what that person is saying and see who else is there in support. Jamie is not for everyone but I believe the majority of the other speakers are…[Read more]

Hi all
Again there seems to be a lot of negitive towards Jamie and what he teaches. To all you people who have an opinion and who have not taken the trouble to do his study course, I would suggest you do it before you write on any forum.
Jamie is not the only person who teaches on his course. I would suggest you watch the DVD by Ian Daily an…[Read more]

Hi All
I have spent a lot of time with Craig and I can tell you he is the real deal. He is straight forward and will not spin you any bull.
To all of you who have written derogatory post about Craig I have a simple answer? He is a millionaire many times over out of property investing and you are not?
When you get to his level I will only gladly…[Read more]

Hi brahms
Yes trusts are worth it if you have assets that are over $70000. The scum bag lawyers will not normally go you if you have less than this: not worth their effort.
Here’s an interesting scenario for you. Child playing with knife cuts up the carpet in rented home. One hour later mother falls over cut in carpet and breaks her arm, then…[Read more]

Hi Westan

Hmmm! can only report what the article I was reading said, may be the journalist was being flippant, or hoping to embellishing his story?
Still weather patterns are changing and there could be more incidents in the future.
Kerwyn

Hi Terry
Good post.
I met a Thai lady a few years ago who was working in a Thai Restaurant as a cook. She was a lawyer in Thailand but could make heaps more money here as a cook. She was building a house in Bangkok and all the money she earned was going back there to complete the house. I saw the pictures and it was a really nice place.
Would be…[Read more]

Hi All
If memory serves me correctly didn’t Greymouth get hit by a tornado a few months ago? It has a bit of a reputation of being NZs tornado ally or so the article I was reading stated. Don’t know if I would buy in a place where your roof got blown off on a regular basis.
Kerwyn.

Hi All
The removal of the vendor tax has good and bad effects on investment in NSW. It has been said on the forum that House prices may fall in the short term when the tax goes: this is good if you are looking to buy at a later date; not good if you already own a place.
On the other hand if the tax had remained for another few years there would…[Read more]

Hi All
Kabung! I think you are missing the point of duncthedunc post. I tend to agree with that particular point of view. Why listen to so called expert advice on buying property or shares or anything else if that person as not walked the walk themselves? Why go to a so called financial advisor to get advice on investing if that advisor has never…[Read more]

Hi Westan
Good news for Marton.
I could never find a deal there unfortunately, went through in Jan this year and there was a couple of places but they had offers on them.
Went through April absolutely Zippo: plus the prices were really high, well above any CF+ out come. So I guess if you have property there it is good news.

Kerwyn.

AHHHH, I wonder when all this gloom and doom will eventuate? 20 million people losing their homes, where are they going to sleep?
Gee the US government better start making a lot of park benches. There you go, a safe industry to ride out the total disintegration of the world economy: better start sharpening my saw.

Kerwyn.

Hi All
It depends on how old the property is. I got a LIM that had zero in it as it predated the recording date and was a big waste of money. If I was buying commercial I would get a LIM but reluctant to get one for a residential, unless I had a suspicion that there maybe some illegal additions.
I have a great solicitor who checks for unpaid rates…[Read more]

Hi All
I don’t like to bag anyone but I have heard a few negative reports about Ed.
I have a close friend who did a 12 month mentoring course and was less that impressed. Not with the info shared, but Ed’s bombastic attitude.
Of course it may have been a personality clash but my friend is a really easy going person who normally gets along with…[Read more]

Hi All
I tend to agree with Muppet. I think Tok is a great place to invest and has good CG at the moment. It is not a one horse town and has a varied work environment that doesn’t just rely on a single industry.
Although it has a few properties for rental at the moment the good areas are still attracting tenants.
If anyone is buying at the moment…[Read more]

Hi All
After reading Yack’s post, I think I will just shoot myself: all is lost no good going on. I think I will just have to go back to my day job and grow old gracefully like the other 99.99% of the population.
But wait a moment? I have had a flash of inspiration? Just maybe if everyone else is about to stick their heads in the sand for 5 to 1…[Read more]

Very good point: oshen