Forum Replies Created
Hi Benson,
I don’t believe I have embarrassed myself at all, in fact my silence speaks for itself. Nonetheless you are entitled to your opinion, and if that is what you think then so be it.
I am equally as keen to return to the business of talking property investing and am growing quite tired of these annoyingly one-sided / incomplete / twisted posts being inflicted on myself and other forumities. I am sorry that you have been subjected to such behaviour on my account. This thread was started as the result of my becoming a moderator to which Rob is insidiously employing to voice his disapproval of, which IMO is in poor taste to say the least.
No doubt I will not be everyone’s choice of moderator, and I accept this, however there are correct channels that can be followed in voicing one’s objections, and for anyone with a level of maturity, this is not one of them.
Cheers,
JoHi Queenstowner,
A friend of mine is an REA in Caloundra and she told me that the commission charge in sunny Qld is 5% for the first $18,000 and then 2.5% thereafter, and that most times, the REAs won’t negotiate below 2.5 on the thereafter bit.
I find this type of commission is way too high, but not having dealt with interstate property for so long; I am not in a position to say for sure what the true picture is on this note.
Are you perhaps able to negotiate with the prospective buyer directly, without the intervention of the REA????
Jo
I’m more of a Diet Coke addict, does that warning go for me too????????????[blink][blink]
I drink that much of the stuff, my husband reckons if they tried to get blood out of my veins, all they’d get is DC !!!!!
[blush2][blush2]Jo
Hi lil_man,
Let me just start by saying “you’re never too young” to start saving/investing”. I personally started buying property when I was 18 (trust me, a long long time ago now!!)
Alot will depend on how well you can save (or alternatively if you were to borrow, your ability to service the loan) and how much you gave managed to put together so far.
Either way, regardless of which way you decide to go, your positive outlook is a fine start; after all, you have to be happy!!
All the very best,
Jo
Thanks G7, Redwing, Gatsby, Steve, SIS (and to those posters who initally posted to congratulate me, thank you all again too).
It makes me feel all warm and fuzzy [blush2]reading your best wishes, I am really flattered, your posts mean a great deal to me.
I look forward to a long and harmonious association with each and everyone you.
Cheers,
Jo
Thanks agent smith,
I haven’t read the book, but it is good to have the author’s definition.
As for that kind of criteria, I would imagine, in that case, that there are quite a few “sophisticated investors” among us!!!!! Although frankly IMO, any investor who does his/her homework, invests wisely and is generally happy (financially and personally) to me, is “sophisticated” regardless of how much they are worth or what they earn!!!!Jo
Hi petersmail,
It kind of reminds me of when the word “entrepreneur’ first started getting bandied around, no-one (not even the dictionaries) had a clear cut definition of its meaning, and yet everyone wanted to be one, and tafes/universities adopted the word, offering it as a specialised form of training.
Sophisticated???? Hmmmmmmmm, grown up, mature, versed, experienced, the list could go on!!!! Just another word which is the “flavour” at the moment, and as rich as your cafe lattes, amongst the affluent and the hopeful members of society.
[biggrin]
JOHi Misty,
As already stated, repairing the driveway is a tax deductible expense, and if you wanted to justify the repairs (not that should have to) you could argue that it was necessary for public safety (tenants and visitors alike). As such it may be worth mentioning the need for the repair to your insurance company.
Cheers,
Jo
Hi Melbear,
Just curious that group Tap Doctors, were you being sarcastic about what they claim to do, or are you saying they actually do do those things???
One tradie I called, a sparky actually, found him in the yellow pages, and his ad won me because he advertised:
We won’t muck you about…..
If we’re going to be late we callYeah right!!!!!!
Booked them once, no show. I called them to ask what happened, apologised profusely, guy hurt his thumb on a job. Okay – booked for next week, no show, I rang again – guy went home sick with gastro. Take 3 – rebooked for following day – guess????? When I rang up again, no answer on either the sparky’s mobile or the business phone, tried for days; got answering machine once, left message for owner of business to call me…….never heard back!!!
I give up……..!!!!!! [angry2][angry2]
Jo
Hi wilandel,
That is a tough question to answer simply because you have said you only plan to hold onto the IP for 2-3 years, and as such, locking the interest in for that time might be a worthwhile option.
But don’t take my thoughts as gospel, the real consideration is the length of time you plan to keep the property as you’ve stated, and the fact that the lock in rates are only marginally better than the variable (for the moment anyway). It really comes down to personal choice.
It is a difficult call, I mean who knows what will happen with interest rates in the next 6-12 months???? Even the experts are divided!!!
Cheers,
Jo
Congratulations foston!!!!!
That’s great stuff!!!! [drummer]
They say that the first one is the hardest, but once you’ve done it, the rest are a piece of cake!!!! [biggrin][biggrin][biggrin]
Cheers,
Jo
Hi Derek,
Not sure, but my hubby works for the Age, and they often do a “swap” with the guys from the Herald-Sun, so I will ask him if he can get me a back copy of today’s paper, or at least tell me what was on the front cover. He may know, or if not, I’m sure the others who work in his building will be talking about it tomorrow morning.
Will get back to you.
Cheers,
Jo
Originally posted by freedomfinder:that is the question. how much is enough? what are you all trying to achieve ?
Let me ask another.
Once achieved will it make you a happier person?
why ?
interested in your replys
regardsWow freedomfinder,
You got me – that is really quite thought-provoking! [blush2]
It is a real toughie I guess, because (for me, anyway) whenever I reach one of my goals, things change. I either realise that it’s not as good as I thought it would be, or at times, it is far better than I could’ve imagined. In short, life is full of surprises and there are just no guarantees (at what you will find at the other end).
What makes me happy today, may not make me happy tomorrow, and certainly what made me happy 20 years ago, doesn’t cut it for me today.
So I guess, I will just have be content with what I have now, enjoying the present with all its trappings; loving family, good friends, good health and the joy in looking forward, to an even better tomorrow.
I won’t insult you by saying how much doesn’t matter, but I will say, that without all the abovementioned blessings, all the money in the world couldn’t make me happy.
Cheers, [biggrin]
Jo
Awwwwwwwww [blush2][blush2][blush2]
Thank you so much; I am still stoked at Steve’s choice of moderator, especially for the “Finance” forum!!! [blink][blink]
I was always under the impression, that moderators were assigned to their areas of expertise, and as such, when it comes to being financially savvy in comparison to some of the others (no, actually, ALL of the other) moderators in this section: I know Jack!!!! My experience as a property investor is mainly on a more general level; ie. market trends, where to buy, what to look for, all that kind of wishy washy stuff. Just because I have a healthy portfolio doesn’t make me anymore an expert that Mr or Mrs (or Miss) Average who is just starting out – as long as they do their homework they will (like me) get there, and probably even surpass my efforts!!!
I may not always agree with everyones views and vice versa, but the one thing that needs to always be remembered when dealing with others is RESPECT. All too often, such common niceties can get overlooked, especially when we get stirred up.
Thanks again for your kind words, and hopefully we can continue to share, teach and learn from each other, and have fun all at the same time!!!
Cheers,
Jo
Hi K & R
(is it okay if I abbreviate??)Someone mentioned the possibility of a chat room once before, but I don’t think (at this stage) that it is envisaged for the near future.
Once upon a time, I would have welcomed the opportunity, now I’m not so sure it’s such a good idea.
But who knows, if enough people request this facility, maybe………[blink]
Cheers,
Jo
Whewwwwwww (sigh of relief)………..[blush2]
Sorry Pisces, was petrified of another attack. I seem to be a good target at the moment, and I was really worried I had upset you in some way.
Thanks for the reassurance.
BTW, I am in the same boat, I am on the look out for another IP, but am sitting back a little at the moment to see how things weather out.
Cheers, [biggrin]
Jo
Hi Lizzy,
And thank you for your kind words; you are far too modest.
Anyway, just as a point of interest, please email me re your wanting to form an association for women who seek financial freedom. Many many years ago, when I was doing Honours degree, my thesis was on the networking process and effectiveness of women’s groups (or some such fancy smancy title). I have info that may help, and would certainly love to be a part of that.
Thanks again,
Jo
P.S. Rob, you know full well why I am posting your messages in their entirity!!
Originally posted by Lizzy:It’s an interesting point you make Jo, I have found women are more likely to be the investor of the couple, and in my opinion, women communicate better with women. I have a long standing partner and I still find myself talking to a brick wall sometimes!![laughing]
Sorry guys, it’s just as much our fault as it is yours! LOL
Amen to that Sister!!!
My husband (albeit a real honey) is soooooooo conservative it drives me nuts!!!! [rolleyes5]
He doesn’t just consider a deal once, or twice (for that matter) no sir, he has to ponder his navel for the next week!!!! [angry2] Oh well, guess it’s not that bad at times, his patience and cautiousness has paid off on occasions.In my years of property investing, I have often found, that there are far more women, than men in the game. But that is just my perception, I am not claiming that as a statistical fact.
Either way, a good business person is one who does the job, and meets the clients needs, regardless of their gender.
Cheers,
Jo
Hi Pisces,
I didn’t mean to make it sound like a perfect time to rub one’s hands together in glee, and be opportunistic in trying to gain from others misfortunes (i.e. decline in house price, thus losing money on the sale of their properties).
I just felt that, with the market being what it is, it would give those who normally could not enter it, an opportunity to get a foot in.
And yes, times do change, and they should. If things never changed, the world would cease to exist.
I meant no offense.
Jo
Hi Tinkerbell,
Lizzy is a Mortgage Broker and I believe on your side of town.
I think you will find her very helpful, and thought I’d mention her as my recommendation just in case you wanted to deal with a female (not that there is anything wrong with males….so calm down all you fellas out there) [biggrin]
Cheers,
Jo
