Total Members: 159,212

kong71286

  • kong71286 replied to the topic $7000 grant in the forum General Property 14 years, 4 months ago

    lollucky you spotted this Terry

  • kong71286 replied to the topic Where are big cities sitting in the property clock? in the forum Help Needed! 14 years, 4 months ago

    Hi Ricky,To be honest with you, I do not know about the other cities, and haven't done much research on Australian properties and market – I have mainly been focusing most of my studies on other asset classes such as shares and commodities.However, if I was interested in the Australian market, I would consider buying reports from http://www.residex…[Read more]

  • kong71286 replied to the topic Postive cashflow USA in the forum Overseas Deals 14 years, 4 months ago

    Hi guys, I would just like to say thanks for your advice and for your insights about investing in the US =)Kong

  • kong71286 replied to the topic Where are big cities sitting in the property clock? in the forum Help Needed! 14 years, 4 months ago

    Hi Ricky,I assume you are referring to Steve McKnight's Property Clock from his third book, which illustrates that real estate market moves in cycles of price growth and declineIn my opinion I believe most of the growth has already occurred in Melbourne and that the 9 o'clock phase in Melbourne is ending i.e. there will not be any rapid price…[Read more]

  • kong71286 replied to the topic Which City/Suburb you live? in the forum Forum Frolic 14 years, 4 months ago

    I think it was a brilliant idea to start this post, because it gives the opportunity for like minded people to network with one anotherI live in Lake Gardens VIC, which is about 5km from Ballarat CBD  =)

  • kong71286 replied to the topic How do you go about your research? in the forum Help Needed! 14 years, 4 months ago

    Hendrick2: I apologize for being blunt, but I think you are a bit all over the place and aren't 'Focused' enough… On one hand you want to take the passive approach with long-term capital growth, and on the other hand you want to take the short term active approach of flipping properties. I think its best to focus on one thing at a time and to do…[Read more]

  • kong71286 replied to the topic Costs of Financial Planning Advice in the forum Legal & Accounting 14 years, 4 months ago

    Thanks for the update Terry!

  • kong71286 replied to the topic robert kiyosaki in the forum Opinionated! 14 years, 4 months ago

    The first book I read by Robert Kiyosaki was 'Rich Dad, Poor Dad', which was highly recommended by a good friend, and ever since then I've had an insatiable hunger for financial educationThe book was inspirational, eye opening and taught me many financial lessons that I did not learn at school. Amongst one of the most basic but important lessons I…[Read more]

  • kong71286 replied to the topic Gerry Harvey says Rudd’s Government ‘bloody amateurs’ in the forum Forum Frolic 14 years, 4 months ago

    The change of prime minister overnight came to me as a shockPersonally I do not have anything against Julia Gillard as being the new prime minister of Australia, but what bothers me is the lack of accountability in our government, and the fact that Kevin Rudd was used as a scape goat

  • kong71286 replied to the topic How do you go about your research? in the forum Help Needed! 14 years, 4 months ago

    Hendrick – It's good to see your enthusiasm and that you are willing to not only educate yourself, but to also ask for help and advice. However, before you buy any properties I think it is crucial that you take time to think about what it is you ultimately want to achieve and why you need to achieve this. If you are looking at real estate as a…[Read more]

  • kong71286 replied to the topic Greece & The European Union… Crisis Averted Or Impending Doom in the forum General Property 14 years, 6 months ago

    I strongly agree with Steve's comments above, especially about the importance 'spending less than you earn'. Countries such as Greece, Portugal, Spain, and Ireland are in the situation they are in today because they are living beyond their means. Fortunately, these countries can be bailed out, but what happens if the country is too big to bail…[Read more]

  • kong71286 replied to the topic 3 Day Mega Conference opinion. in the forum This is my first time 14 years, 6 months ago

    This is my first time attending this type of conference and I thoroughly enjoyed it! ^___^Not only has this event changed my context, but I feel more positive and confident about the future ahead of me. Seeing all the possibilities out there that I never knew existed and seeing how regular people like you and me succeed is simply INSPIRING and…[Read more]

  • kong71286 replied to the topic Asset protection and Tax minimisation via Family Trust in the forum Legal & Accounting 14 years, 6 months ago

    Heya Terry,I had a brief talk about setting up Family Trust to purchase shares with Mark Unwin today and he mentioned something about the need to have someone else (a non family member) donate some money to the trust E.g. $10 – being short on time I didn't get to ask him the reason 'why' this needed to be done – if you or anyone else could…[Read more]

  • kong71286 replied to the topic Gold Silver and other metals in the forum Hi Wealth4life,
    Just like
    14 years, 6 months ago

    Hi Wealth4life,Just like you, I have no experience in investing in Gold/Silver or Mining sharesHowever, I've read a few books on investing in Gold/Silver in the past few weeks and highly recommend the following ones:- Guide to investing in Gold and Silver (Mike Maloney – part of Rich dad group)- The collapse of the dollar and how you can profit…[Read more]

  • Have you guys received your conference tickets yet? I'm about to head off to Melbourne tomorrow morning, but haven't received anything in the mail… Everything is organized E.g. Transportation, accommodation. The only thing I'm missing is the '3 day mega conference ticket'

  • kong71286 replied to the topic Coburg in the forum Hi MrProperty,
    I don’t know
    14 years, 6 months ago

    Hi MrProperty,I don't know much about Coberg – The first time I heard it mentioned was at a seminar by Mark Rolton. He said something about the government spending billions of dollars on Coberg, and 'Where the Feds are spending their money, is where you should to'. Using this information you could deduct that the prices of properties in Coberg are…[Read more]

  • kong71286 replied to the topic Asset protection and Tax minimisation via Family Trust in the forum Legal & Accounting 14 years, 6 months ago

    Thanks Terry!

  • Hi guys,Does anyone know if we are allowed to bring notepads/pen to take notes at the '3 day mega conference'?"PropertyInvesting.com Pty Ltd and / or its agents own the copyright to the material, both oral and written, presented atthe Conference. No portion of this Conference, including notes or other materials may be recorded or reproduced in…[Read more]

  • Hi Andrew,I think the impact of the tax changes on property investors is minimal, but its impact on the Australian economy as a whole could be quite drastic, depending on how the mining industry react to these changes "The introduction of a mining tax will have disastrous consequences on the operations and viability of many mining companies that…[Read more]

  • kong71286 replied to the topic Asset protection and Tax minimisation via Family Trust in the forum Legal & Accounting 14 years, 7 months ago

    Hey Terry,Thanks for your concise answers =)With regards to the 'wording of deed' – can it be altered in the future, or is this a once off event, which you need to ensure you get right from the start?Kong

  • Load More

kong71286

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
159,212

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!