Forum Replies Created

Viewing 20 posts - 181 through 200 (of 441 total)
1 … 6 7 8 9 10 11 12 13 14 … 23
  • Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    August 5, 2004 - 1:35 pm

    Wallflower, I think you mean wireless LAN…. not bluetooth….

    Wireless network has a range of up to a max of 1km….. but usually only say, 2-300 metres…..

    Thats what most laptops have nowadays, BUT you need to be close to a wirless network hub to be able to connect…..

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    August 5, 2004 - 1:33 pm

    Sorry, one more point in the article make me pee my pants laughing….

    SINGAPORE – where 80% of property is government owned and subsidised….. prices have dropped and no one is buying or selling unless they have to….

    Financing is strictly controlled…..

    Another case of some very dubious journalism…..

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    August 5, 2004 - 1:28 pm

    Sorry….

    no offence to ANYONE here, but the article is sensationalist Bullpoo……

    China & Hong Kong for example :

    China – Housing is CHEAP in MOST areas…. only in places like Shanghai and Beijing that housing is on the rise.. but not all of it….. Guangzhou is still reasonably priced….

    Hong Kong – You gotta be kidding….. The property market is still slowly clawing itself out of a major bust from 1998….. prices have gone up 10% last year, ONLY because of cashed up mainland chinese buying…. apart from that, there is NO DEMAND…. Bubble my A$$

    I visit both places regularly, and, have friends and family in both locations, so, I do have first hand knowlegde…..

    Just another article making overhyped claims to scare the “little people” into panicing…. and selling……

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    August 5, 2004 - 1:05 am

    Terry,

    If I think you are talking about a big wrapper I think you are, it wasn’t because the bank didn’t like wraps… it was because the bank was not “happy” with how he operates….. ( and that was direct from the bank…. )

    It’s all about presentation, and, LIFEX, you are going about it the right way…..

    GOOD LUCK !!!!

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 30, 2004 - 4:39 am

    Jan 7th….

    VODKA for me !!!

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 29, 2004 - 1:39 am

    GO MARK GO !!!!

    FINALLY a top class drive in a real team……

    Mark MORE than deserves this…. he has worked damn hard over the years…..

    Did anyone see the horifying pic of him in his Mercedes sports cars at Le Mans……

    I’m telling you this guy has BIG…. did I mention B I G balls……

    :-P

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 27, 2004 - 2:39 pm

    LifeX

    Stamp duty for the wrappee is payable at time of actual settlement… i.e. they pay off the loan / re-finance….

    $5k..eligbility – Sure is !!

    Cheers

    Scott

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 22, 2004 - 6:52 am

    Justin,

    A LOT depends on the country in question…… Places like Thailand, Philippines & Singapore heavily restrict what a “foreigner” can or cant buy…..

    There is also restricted availability of finance in some cases ( Singapore )

    ALSO – The actual cost of a house…. is in some places a LOT higher…….

    Which countries were you thinking of…. perhaps if we know that, it may help you get a more definitive answer from some of the people here….

    Cheers

    Scott

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 19, 2004 - 1:55 pm

    Tristan,

    I’d suggest you do a search on this forum…. this subject has been discussed many times at length…

    Cheers

    Scott

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 15, 2004 - 3:38 am

    Hey sweety (JO ! ) Your back !!

    lots of new faces here, and life seems to be back to normal…..

    Cheers

    Scott

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 14, 2004 - 6:21 am

    As someone once said, I’m not educated, but a positive is always better than a negative !!!!

    Ok – now for the serious comment…

    I’d say it depends on what your goal is…..

    Making a 300k profit is nice, but that isn’t going to happen everytime….

    Some people buy properties for the CASHFLOW… and that is something that lasts as long as the property is kept…. and there may also be CG as well if the place has been held for some time…..

    Before I get shot, I do hold Both -ve & +ve geared properties.. but, the majority we have are +ve….. why ? because it provides us with a stable monthly income….. CG is nice and all, and I do get that from some of our properties, but it isn’t a constant……

    I’m amazed that people are trying to defend or promote either way of investing, they are BOTH correct….. the MORE IMPORTANT ISSUE is, WHAT IS YOUR GOAL ????

    Cheers

    Scott

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 11, 2004 - 10:40 am

    Hi GP,

    I’d suggest you get the kiddo to look at the MIAA website… http://www.miaa.com.au there is a compulsory course to take on there if he/she wants to become a broker, followed by a course in mortgage lending which is done through the TAFEs….

    Maybe a good place to start……

    Cheers

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 9, 2004 - 12:43 am

    Wallflower,

    Don’t you mean Papa Pelican ??? hehehehe….. Pelican Boy was not involved in that one !!!!!

    The One major lesson learnt which was not in Rick Otton’s pack was on the finance… in fact we learnt some of it from Dolf DeRoos…. How to successfully present to a bank…..

    PRESENTATION.. – Even at wrap #1…….. If you are going to be professional, then walk the talk on the very first deal….

    Finance is always going to be an issue, even for the big boys like Steve & Rick…. Just look at how Rick advertises for deposit funds on his site…… BTW Rick uses the same bank being discussed here…..

    Cheers

    Pelican Boy !

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 8, 2004 - 3:58 pm

    yes, but putting all your eggs in one basket ???

    your risks are then also concentrated……

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 8, 2004 - 7:30 am

    I’ll bid $175 for 1 of the books…..

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 7, 2004 - 3:51 pm

    Hello there…..

    I guess it could be possible, but would depend on the Wrappers contract with the wrappee…… if they allowed that….

    Nothing to stop them if it was not specifically mentioned in writing…..

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 7, 2004 - 8:29 am

    Sounds like a FANTASTIC IDEA !!! As long as :

    1) you have the funds to do it….
    2) demand for rentals is strong in your area…..

    you may want to see what the banks will do, as for a development project some will lend you 80%…….

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 7, 2004 - 7:37 am

    Felicity,

    It’s also about HOW you present yourself to the bank…..

    As far as the re-financing or turnover of property goes, we wouldn’t know… we have yet to have a re-finance, but , yes, I’m sure it will make life easier…..

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 7, 2004 - 6:29 am

    Hi Matt,

    OK… anyway, as I said, just a thought…

    As renters they should be liable for the rent until you find another tenant…. ( but I guess you will need to check tenancy laws…. )

    Suggest you start advertising !!!

    Cheers

    Scott

    Profile photo of pelicanpelican
    Member
    @pelican
    Join Date: 2003
    Post Count: 454
    July 7, 2004 - 4:35 am

    What abour wrapping the house to them ?? Do they like the house ??? It’s an option…. will also increase your return……

    Just a thought…

Viewing 20 posts - 181 through 200 (of 441 total)
1 … 6 7 8 9 10 11 12 13 14 … 23