Monopoly replied to the topic Plantation Investments in the forum General Property 19 years, 10 months ago
Hey Nathan,
I’m afraid I can’t be of any real value here, but I do want to warn you to do your homework first. A girlfriend’s husband invested in “trees” some years ago, and although it was believed that money would be made on the exercise, not only did did they NOT make so much as a even few woodchips out of it, but went totally bankrupt to…[Read more]
Monopoly replied to the topic Getting around Stamp Duty in the forum Help Needed! 19 years, 10 months ago
Sorry,
My understanding was “getting around” stamp duty, as in “avoiding” it altogether. Had you asked for “delaying” well then that’s a different kettle of fish!!!
Cheers,
Jo
Monopoly replied to the topic SEACHANGE EFFECT in the forum General Property 19 years, 10 months ago
Originally posted by Marisa:
Age – 35-45
Yep, I’m in that range [blush2]
High income earners
Was (past tense) although still there (passive tense) [tongue]
1, 2 children
Yep, got 2 of those, one still at home (give me a few years, I’m working on it)!! [whistle]Reason for wanting seachange –
The beach, sun [sunny]sand and surf……yipppeeeee…[Read more]Monopoly replied to the topic Frankston hunt – property types in the forum Value Adding 19 years, 10 months ago
Domcc1,
The bottom line is: IT’S UP TO YOU.
I don’t understand your point here. If you like any (or all) of these properties (and BTW excellent summary) then the final decision needs to be that of the person handing over the $$$ in this case YOU!!!
I have discussed by views with you in private re the area as per your questions, and I will…[Read more]
Monopoly replied to the topic Getting around Stamp Duty in the forum Help Needed! 19 years, 10 months ago
Although ignorant of vendor finance/wrap deals, I’d take a lucky guess and say that the ONLY GUARANTEED SURE FIRE WAY OF GETTING AROUND THE “STAMP DUTY” is……
[blush2]DON’T BUY THE PROPERTY??!![blink]
Monopoly replied to the topic Inner city appartments in Melbourne. in the forum Help Needed! 19 years, 10 months ago
John,
You have mail!!! [biggrin]
As per my PM to you…..BE VERY WARY of inner city apartments, if for no other reason but because of the oversupply of same. Furthermore, (from my discussions with corporate banking execs) banks don’t like to (not that they won’t) lend money for anything less than 50m2. Mind you with enough “sweet talking” you…[Read more]
Monopoly replied to the topic agents seeking work in the forum General Property 19 years, 10 months ago
I am not an agent, but I know many of them, and this sort of “street spamming” has been happening since I first started investing 24 years ago. It’s not new and is not necessarily indicative of the market; more the marketing strategies of the RE agency itself.[blink]
Monopoly replied to the topic Are positively geared properties out their??? in the forum Help Needed! 19 years, 10 months ago
No problem.[biggrin]
I understand that you may want a “quick turn around” to make a few $$$ but bear in mind, that short term investments won’t give you much CG (not in today’s climate) and secondly, you could face paying CGT if you sell an IP under 12 months which probably won’t be too bad if the CG is minimal anyway!!!
Good luck with the fruit…[Read more]
Monopoly replied to the topic agents seeking work in the forum General Property 19 years, 10 months ago
Or maybe he/she is just CHEAP and doesn’t want to pay for fancy advertising??? [blush2]
Monopoly replied to the topic Are positively geared properties out their??? in the forum Help Needed! 19 years, 10 months ago
Dardi,
The biggest problem with finding +CF properties is that they are getting more and more difficult to come by, in many cases, virtually impossible. That is why it is best perhaps to find something that with a bit of “elbow grease” you can make a bit more $$$ thus rendering your investment CF positive.
You obviously are more focussed on…[Read more]
Monopoly replied to the topic Melbourne investing in the forum Help Needed! 19 years, 10 months ago
Dare we ask where Westan??? [biggrin]
BTW….I vote for a “spell chekcre checkre checker” too; it would make life so much easiier eassier easier!!! [thumbsupanim]
Cheers,
Jo
Monopoly replied to the topic Are positively geared properties out their??? in the forum Help Needed! 19 years, 10 months ago
Originally posted by Dardi:
how do you create something that’s not their???
With imagination!!! [blink]
You buy a cheap property, put in some elbow grease and either rent it out or onsell it.I feel like I’ve search Aus. from top to bottom,
I doubt it!!! [blush2]
Most people who say that haven’t even looked at the SEARCH option on this site, let…[Read more]Monopoly replied to the topic Are positively geared properties out their??? in the forum Help Needed! 19 years, 10 months ago
Dardi and Wazza,
You will both have more luck in finding information on POSITIVE GEARED PROPERTIES using the SEARCH function (top left hand corner of screen) than you will in tracking such investments. It is difficult, but not impossible and takes alot of research, so may I suggest you start off with using this website facility to set the mood,…[Read more]
Monopoly replied to the topic Melbourne investing in the forum Help Needed! 19 years, 10 months ago
Rick,
There are some fantastic PC versions of the game available; my favourite is MONOPOLY TYCOON a 3D interactive version which has different degrees of difficulty and is lots of fun.[biggrin]
Check out a few popular sites:
http://www.hasbro.com/monopoly/
http://www.albionpark.com/277.htm
http://www.gzkidzone.com/gamesell/p14406.asp
This…[Read more]Monopoly replied to the topic Melbourne investing in the forum Help Needed! 19 years, 10 months ago
Originally posted by Rick Traberg:
MonoployYou no what you are right I cant spell. By the way love your forum name.
Let me tell you a story , when I was 8 years old I went to a party and all us Kids cousins 2nd cousins etc decided to play monoploy .I was the youngest and had never played before. Anyway to cut a long story short I won the game as…[Read more]Monopoly replied to the topic Melbourne investing in the forum Help Needed! 19 years, 10 months ago
Hey Westan,
Your post prompted me to re-read mine, which clearly indicated that +CF was possible in Melb; hopefully Barbie will not have read it before I made the changes.[blush2]
Is NZ is a more feasible option for +CF Westan??? I believe such properties are becoming equally as rare as hen’s teeth in Kiwi land; is this the case??? [blink]
Cheers,
Jo
Monopoly replied to the topic finding Economic Profiles and Population Profiles in the forum General Property 19 years, 10 months ago
http://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/1A79E7AE231704F8CA256F720082FEB9
ABS 2005 stats (recent) totally FREE very informative.Population trends; any search engine (Sensis, Google, Yahoo etc) type in “XYZ (town name) POPULATION GROWTH” and hey presto, you should get a heap of useful information re the population/growth movements of the…[Read more]
Monopoly replied to the topic Melbourne investing in the forum Help Needed! 19 years, 10 months ago
Originally posted by Rick Traberg:
Regonal yes do a bit of home work , Drowin has some if you look hard enough and it is still growing . Maybe look for places that have self contained units or bungalows that you can rent out seperately there are opps but you have to look hard and think a little diff.Town = (correct spelling) DROUIN
From CBD =…[Read more]Monopoly replied to the topic Time rich, money poor seeking partner in melb in the forum General Property 19 years, 10 months ago
Errr…Bwendan, you’re all of 16 aren’t you??? [blink]
Not that I think that’s a bad thing, I used to be that age once too, but I hardly think finding an investing partner at 16 is very likely.
Study hard, learn lots and in time opportunities will be yours for the taking.
Cheers,
Jo
Monopoly replied to the topic Advice on Finance with new job in the forum Finance 19 years, 10 months ago
Where are you located?
Simon/Brahms,According to https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=15071 amd Alexei’s profile, I’d have to guess SA.[biggrin]
Cheers,
Jo
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