Scremin,

Unfortunately…. historically teachers have been SO UNDERPAID…… I truely believe the saying that ” Film stars should be paid teacher’s wages, and teacher get film star’s wages ”

It’s the parents we have, AND the teachers that shape a young person and their values…..

I’d say you ARE ALREADY successful….

Money is not always…[Read more]

Henry,

getting very complicated there…..

When on a trip, make two visits…..

1. to a RE AGENT, and get some brochures and business cards from them…. hence ” I was inspecting properties with a view to invest….”

2. To a bank or finance company… and…. as per above… get the brochures & business cards…. ” I was meeting so ans so…[Read more]

Gotta add my 1 cent here….Sorry folks

Get out there and INVEST…. at the end of the day, we have to live with the tax at least until the next NSW election, or, heaven forbid, buy in another state….

Whilst I agree with Melbears qoute from Kiyosaki about taxes, you do still have to consider the cost of taxes, if AND ONLY IF, you plan to…[Read more]

Thanks everyone for your responses.

We decided to go L/O in the end… with a LARGE option fee to lock the people in….

Place is only two years old, and, also has a 2BR house attached to it…..

If we do actually go for it, will post an update….

Cheers

Scott

Pelican Investments
http://www.pelican-invest.com

Lest anyone think Pisces is ranting on…. I invite you to visit the REIV website, and learn more of Mr. Jenman’s practices….

http://www.reiv.com.au/media/eaarticles/pg_media_eaarticles_wheresjenman.html

Very interesting indeed……………

Mel,

VERY strange then……

Did they appeal it ???

ng2157

From what Steve has mentioned in tapes of his, what actually got him and Dave going that first night, was a Robert Kiyosaki Seminar.

I think it’s safe to say that many of us refer to multiple authors and gain whatever we can from them. The problem is, after some time, you get less and less from the books etc, as you’ve already learnt…[Read more]

If you DO claim, make sure you provide proof of your property searching or whatever, by listing company names, addresses, maybe get a few peoples business cards, etc….

Celivia,

Yeah, well I was bored…..

nice to see everyone wasting so much energy on this thread… in the days since it started we got busy and bought 3 houses, wrapped 2, and, are looking at another 3…..

folks, get back on track…. PROPERTY INVESTING……

This whole thread was a WINDUP…. and you all went for it….. me included at first…..

Martin is fully entitled to his…[Read more]

Kay,

The VFA aims to have a form of accreditation, and, also compliance with a code of ethics as condition of membership…

VFA isn’t a regulator, no, but it is working closely with them.

You’d have to check with VFA for stats, as I’m a member, not on the leadership committee….

2004 sees wraps steaming along… if you have properties priced…[Read more]

Melbear,

you are only taxed on earnings derived from Australia…. Certainly it seems something went wrong with you friends case….

Did the Hubby change his status when overseas ??

I’ve been overseas for 16 years now, and, am not taxed on income here… only income on my IP’s / companies…..

Cheers

Scott

Welcome !!! Congrats on “losing your viginty” hehehehehe….

What sort of strategies are you looking at… perhaps you could share with everyone here……

Cheers

Scott

Pelican Investments
http://www.pelican-invest.com

I know this is slightly off topic, but have been reading Robert G Allen’s book “Nothing down for the 90’s” I must say that so far, I have learnt nothing new at all….

This is despite the fact I have heard so many people saying he was great…….

too much hype perhaps ? Or have I been reading too many books !!!…[Read more]

Mark,

Vendor finance & Wraps will continue on in my opinion. What IS NEEDED is regulation.

This is what the Vendor Finance (wraps) Association is presently working on…..

There haven’t been many dodgy schemes, however unfortunately there have been some people out there, who have been too greedy and doing nasty stuff..

Today in Vic we…[Read more]

WINDUP ALERT !!!!

Hehehehehe… and you guys bit !!!

Martin – I must commend you… your posts are a fun read, and, the responses are on some occasion predictiable…. In much the same way your postings are also predictable…..

Sorry, don’t have time to read all posts you’ve made…. busy investing…… and making money….

We continue to buy… But we are ( and always have been ) selective about what we buy.

At the lower price end of the market, demand is still there….

Ablaz,

Certainly disturbing reading, but, not worth us becoming chicken littles all of a sudden…

Yes, we must become more responsible human beings for the resources we consume…….

Having said that, it’s not going to stop me from investing the way I do…. Life does go on…. we have to guide our youth to be better than we have been….…[Read more]

Pisces,

Thanks for the advice. Yes I do word what I write rather carefully.

When someone like Jenman turns something I spent a lot of hours working on with others, and, turns it into a case to further his cause ( and his franchises ) I take offence.

The VFA is trying hard to do the right thing by the consumer. For that Jenman has a go at us…[Read more]

Wayne,

I think if I has a house for sale and the agent was really working hard to sell it….. I would not begrudge him/her commission…

But as you mentioned, how often does this really happen ????

If I was to follow Jenman’s principles, then what is the point of signing a timed agreement ??

Are we saying that If I work as a contractor for a…[Read more]