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  • Profile photo of MisterMister
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    @mister
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    Or , what about a duplex . If I decided to sell though I reckon duplexes can e a lot harder to sell but then again maybe not I don't know for sure.
    Better rent I guess for the one building , unless that's destroyed by extra permit costs , council hassles and extra costs .

    Cheers?

    Profile photo of MisterMister
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    @mister
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    Shame I'm so netted out really I'd like to give it a go in a way .
    Ironically I've had 3 mails come in in the last week about Google ads and the big money to be made. I have a home made site and idea in mind . I just couldn't afford the time and effort for nothing especially on more computer crap so still tossing up.

    It's funny though , over the years since we all got into computers , how many millions have spent the last 5 or 10 yrs all over the world dreaming up ways to sit on their arse at home and make millions , some have too that's for sure.

    Cheers

    Profile photo of MisterMister
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    I hardly think we need ice cores to prove such logical things like planet cycles but what we've done to the place in only 100 yrs is no planet cycle , that's why there's a hole in the sky.

    This mightn't be it be she's a very obvious done deal if you ask me it's just a question when !

    Profile photo of MisterMister
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    Thanks for the replies guys.

    I think Eddie's right on that accountant , best check it all out thoroughly first .
    Wonder where all the wrappers are and how they do it , great solicitors and accountants I spose .

    Cheers

    Profile photo of MisterMister
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    Thanks Terry.

    Yeah see that's the thing isn't it.
    Although you can work the sale so that the deposit is worked into a profit in a sense you haven't actually physically even obtained any profit at the point .

    Cheers

    Profile photo of MisterMister
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    Of course there'll be Global warming , we don't need scientists to tell us that.

    Lets see . Ahh , we've polluted and stolen 90% of our rivers and water ways , blown a hole in the sky and now the genius is to hang on, got it ! Sky's capput , will shove it in the ground , now that's clever .
    We've bored and gouged holes all over it miles deep , butchered 90% of it's trees , over 25 billion in Australia alone and still going , stolen it's minerals , gas's and oils , smothered it in bitumen and concrete and we're probably melting it's ice .
    Every built in natural cooling system the planet has lived on for billions of years , we've taken or destroyed .

    It is psychically impossible not to get it, the planet has nothing left in it's kitty to go on defending itself with .

    Does a house get hot and cold with a hole in it's roof and things coming in and out that we don't like in our lounge room ? Wouldn't surprise me if we all get sucked through that baby one day , free space travel !

    Ummm , Cheers

    Profile photo of MisterMister
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    @mister
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    Thanks guys

    Food for thought

    Cheers

    Profile photo of MisterMister
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    craigsed wrote:
    Hey freelance2020,

    Properties good. But so is not relying on just one thing.

    Think multiple streams of income. Security, diversification, wealth!

    I think it was a Kiyosaki book that talks about how the wealthy have multiple streams of income, so that even if one thing is not performing well for a period of time, there are other incomes still rolling in. Naturally most of the streams (the good ones) are passive…..

    craigsed.

    Ahh , my point exactly , I'll take all the streams I can get right now.

    Only thinking sidelines FreeL. , still I can't help but wonder about it after that story and other info I've read but I also can't help but think there must be such a flood of it all on the net now to so what hope would you have .

    Cheers .

    Profile photo of MisterMister
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    @mister
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    Yeah I agree with going for it if your cashed up.

    Near term prices aren't really a worry if it's going to be your home in my book and being cashed up , more a worry for people with little or none of their own money down on the place and that pay too much , just try to buy well .
    I know a lot will disagree with me to but I've always felt you can really make up some equity in building as well, as apposed to in a lot of cases buying built . Again by buying well and there's so much you can do yourself if into that stuff .

    Renting for who knows how long , if your cashed up why bother ? Get life started and off and running again . JMO.

    Cheers

    Profile photo of MisterMister
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    Hi Guys

    Same type of thing that these guys have put in here Freelance .

    Yeah thanks for that Dave , makes sense . As I say this couple were down to doing nothing and getting 8 grand a mth for the privilege .

    So we need a ripper dipper just can't resist website eh . Humm , might give that some thought.
    As Freelance says do somem stupid , really stupid and chuck it on . How hard could that be .

    I know , I'll just get my daughter to follow me around with the vid cam all day and I'll be in business. .

    Actually our cat does a lot of stupid things , loves ripping heads of rats and fun stuff like that , blog groupies should love that.

    What about selling stones – little ancient luck stones from the oceans along the Great Ocean Road . 10 bucks each.

    Cheers

    Profile photo of MisterMister
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    G'day Freelance .

    I'm just another dyslexic case don't worry . Everything I type has to be edited 1/2 a dozen times.

    But I meant to go to the ACA site and re read the story but no apparently they just had some kind of website , it has google ads on it and every click people make , they get paid a small fee and that's been adding up to to 8k a mth for doing nothing ,  apparently  !

    What about all the other money making claims all over the net for just running a website , selling something through it like info or some rubbish . Wonder if any of those actually make any money . They're everywhere and claim big easy bucks . Warrning bells right there I spose .

    I'll try to find a couple of examples and post them here .

    Cheers

    Profile photo of MisterMister
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    G'day Tony , no worries.

    Actually I might even post the link to the one I want on the forum to see what people think of the situation , getting anxious .

    Cheers

    Profile photo of MisterMister
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    G'day Tony

    Same dilemma . We're waiting on our new place right now, painful but I guess the longer the better .
    We are watching one at 360 and it is very good value even now and a very classy property. On a few ac's and cheap compared to matching it oretty well anywhere really .
    But if it doesn't move in the next mth or two , things will be looking worse and they will probably have to drop from there if they really wanna sell , which is where I'm hoping to come in .
    I'm not so concerned about it's value dropping as it is a classy place with everything going for it and should bounce back well when things improve .
    But I do wanna get it at the best price I can not only as a just incase but the other obvious reasons so .
    At the mo we're trying to sit it out another few mths , see where they take the price if it hasn't sold , before any offers.

    You sound like you have enough on hand to put onto a place covering any downturn so as long as you get a good buy I wouldn't be too worried about it dipping short term.
    A home being a long term prospect should bounce as long as we don't pay stupid prices .
    But it probably would well pay to wait if you could just to get something at a better price than now and so a nicer situation all round for yourself and as above if it's something we can improve or ad to even better .
    That's one problem with the one we have in mind , it is totally finished to perfection and there's not much I can ad apart form personal tastes.
    If there's anything you like , follow it for awhile and see where the price goes , they may well need to drop it a fair wack to move it at all before too long and the new price will give you a great head start in the offer and more leeway in any downturn .

    I can't decide what drops over all to expect but I do agree that the upper ends will cop serious hits .
    But from my view like the guys above have said , I very much agree with. The lower end good value places seem to be holding up quite well so far all things considered , unless they're being greedy and will be searched out for more and more as time goes on.
    Personally I feel good properties , good areas and well valued will take a hit but not the 40% stuff , 10 -15 -20 maybe .
    I've already seen and heard of plenty in the upper ends copping very nasty wacks .

    Still , kingdom for a crystal ball !

    Cheers

    Profile photo of MisterMister
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    There are a couple of reasons I'd actually prefer they were in right now even though I couldn't stand the pair of them.

    They would have been so familiar with every micro move the country , economy and industry makes for so long and so would hopefully spot suss area's early knowing what to do with them .

    And they were bloody good with money even if I didn't like the way they used it or didn't .

    Cheers

    Profile photo of MisterMister
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    freelance2020 wrote:
    Mister wrote:

    I haven't had any luck trying yet but will try the copy and paste.

    Hi Mister,

    Try using the hyperlink button that appears in the comment toolbar (it looks like a chain).

    Thanks Freelance will do !

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    Simoneanddwayne wrote:

    We are looking to purchase our first investment property . Wanting to spend up to 170k . Between Coffs harbour and Port macquarie. Does anyone reccommend kempsey to invest in.There are a few in that price range there. Any suggestions would be appreciated.

    Personally I'd look for a better area and one that has a v/good reason why it shouldn't go belly up ahh , should things go belly up.

    Wouldn't feel safe in those two at all right now , JMO !

    Cheers

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    harb wrote:
    Mister wrote:
    You could do a lot with that one though by the sounds of , with the views and block size . Could be a good buy really , built in backup.

    They won't show any pics so it may need a bit more then a coat of paint but would probably be suitable for renting now and redeveloping later, or even short term holiday rental for someone living close to it. If it wasn't so far from Perth I may have dropped in to have a closer look.

    Mister wrote:
    How do you manage to get the link into the forum post ?

    copy and paste, how do you do it ?

     I haven't had any luck trying yet but will try the copy and paste.

     

    Profile photo of MisterMister
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    Thanks for the helpful perspective carpe . Um is that the fish or ?

    I've had a big problem with our prices for 3 or 4 yrs now too . Lack of sustainability was a no brainer our prices were stupidity and there'd be nowhere left for the country to go .
    A  4 or 500k suburban house now would have to = 1million in 10 yrs , 2 million in 20 , ain't doable .

    Cheers

    Profile photo of MisterMister
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    harb wrote:
    Mister wrote:
    Now we've found a place that we just love ,

    Have you had a look at this one or is it to far away from what you had in mind ?

    http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=104682499&f=0&p=10&t=res&ty=&fmt=&header=&cc=&c=46243480&s=vic&snf=rbs&tm=1233537783

    Don't know much about the area but it looks like its priced at land value only.

    cheers

    Thanks Harb , nice views.

    No I haven't , we usually go for places on a few ac's
    You could do a lot with that one though by the sounds of , with the views and block size . Could be a good buy really , built in backup.

    How do you manage to get the link into the forum post ?

    Cheers

    Profile photo of MisterMister
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    Maybe , who knows , wish I did !

    With those two I do have no idea not knowing the properties and exact situations but speaking loosely more about properties I do know off.
    See , in 2001 I was living at Coolum. I bought a great little 4 ac block 5 min's out for 70k and there were plenty around with views over the whole coast for 80k . Lately the same have been 250 and 300 last I looked – 12 mths back . So 3 to 400% in not even 10yrs
    We also looked at dozens of nice little properties with houses at between 80 and 140k – between Maroochy to Kin Kin and everywhere in between there all now 400 and up. = 8 yrs
    Then I have two rallies around Brissy that both bought around 98 -2000 .
    One payed 82 , his place is supposedly worth 480 now =500% in 10yrs and he'd probly get it by the sounds of it – lucky shit .
    The other payed 110 or something – I haven't spoken to him in years so where his is at I couldn't say .
    I also have one of my best friends living between the Gold coast and Switzerland  over the last 10 yrs – work  –  and have heard lots of numbers from them over the years since I left .

    So true , I'm no where near the place these days but I do realize the rampage it's been on . You would just assume that in all logic something would have to give .

    Cheers

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