Forum Replies Created
Hi Guru,
Nope, all are in Australia, as well as a soon to become PPOR.. so… 38 all up….
My partner has been doing the majority of the buying…..
We’re about to start work on a development deal we have in place…. Subdividing a house & block to build 2nd house…..revalue the lot, and, use new value to buy more properties…..
Cheers
Scott
You may know the cost of everything…. but what about the value ????
Are you sure thats all you went to Batam for ???
hehehehehehehe……
My friend has been living here on a tourist visa run like that for the last two years !!!! DOH !!!
He’s in love with a local girl…. what else can I say….
Folks,
Just remember, as some people have said before,
THERE ARE NO SECRETS IN BUSINESS & INVESTING…….
It’s simply the way you want to learn….. and whether you have the time ???
Personally I had the time and learnt what Jamie teaches myself….. but thats not everyon’e cup of tea…..
If you don’t have the time, then learning strategies on Share options thru Jamie is good….. condensed training if you will…..
Cheers
Scott
You may know the cost of everything…. but what about the value ????
Hi KP,
Thanks….. Me, I’m partial to the Fish Head Curry & Roti Prata !!!!
Guru,
Thanks… It’s been a BUSY time to say the least…..
We are now working on private funds, that depending on how we use it, should see us buy an extra 50 houses at least……
Full steam ahead !!!! We hope !!!
Cheers
You may know the cost of everything…. but what about the value ????
Hi Greg & Thanks….
1 & 2 – Wealth Magic & $10M in property in ten years.. both available at dymocks
1. Done together with my biz partner – he has done most of the work….
2. Nope – used our own money, plus equity from PPOR + 1 IP… Then we also fixed a few up and pulled out more equity…..
3./4. Nope – have not hit wall yet, as, we have brought on some private funds…… Obviously we pay more for it, but, overall it’s worth it.,…
In general the idea, is to add value to your properties through cosmetic renos…. then get them re-valued….
Another thing you can do is do a reno or a flip, to generate more deposit funds……
Cheers
Mini,
Yes, Passion…. So why is 1 person’s passion not allowed ???
Not sure if you are having a go at me on the +CF side of things, but will leave it alone…. all of our properties / business is positive….. But I’m not blinded by it…..
3.8M to be exact, but no, I feel no need to crow about it in a book…. I’m happy for Steve to do that….
It is threads like this, and the drivel in them that means the experienced people out there begin to stay away….
And what are we left with ?? Newbies asking questions that were asked and answered 2 years ago….. That is fair enough, but there are less people around to answer……
After the last few flair ups here I dropped out of sight, and, with my partner, we concentrated on actually DOING the deals, not talking about em…..
Too many people here get too addicted to this forum, and, ultimately, it becomes another excuse for inaction……
Everyone, come over to my place for a chill pill….
CALM DOWN………………………….
You may know the cost of everything…. but what about the value ????
You should also check out the VFA
You may know the cost of everything…. but what about the value ????
I know I should not be writing this post, But I guess I have to barge in anyway….. Pelican with big feet [blush2]
The FACT is, that at PI, unless a certain view is followed, everytime someone posts a differeing view, there is generally a punch up. [jerry]
In the case of this thread, a good question was asked, but unfortunatley the answer provided was rather lacking…. in fact it did not answer the question at all…. It depends on how you read the question…..
Monopoly has been here for some time, and, I have hardly ever seen her to be abusive…. if anyone were to accuse her of that, I’d say they are stepping over the line…..
OK, now, let’s take a deep breath, step back and think about this…. $1M in property in 1 year…… it’s not that hard, depending on where you buy !!!! or how much you borrow….. Sheesh… We’ve done $3M in 1 year…… [lmao]
Having said all this, it IS Steve’s site… so, he can do as he pleases….
Calm down everyone…. If you can’t suggest you use that energy to go out and invest instead of loitering here……
[jealous]
You may know the cost of everything…. but what about the value ????
Darren,
BOTH of Peter Spann’s books, I would class as a MUST READ….
Very insightful…..
Cheers
Scott
You may know the cost of everything…. but what about the value ????
Terry,
Things are still the same……
As soon as the person can prove they are living there ( with a copy of utils bill ) they can get FHOG……
( this is for VIC )
You may know the cost of everything…. but what about the value ????
Where do I send my pic ???
Trisha,
sorry….. what’s a “holiday” ???
hehehehehehe…..
Boy do I need one…..
Originally posted by Aceyducey:BTW – free speech is not a right, it’s a responsibility Pelican.
Aceyducey
HUH ??? So in other words, if my opinion is different from another posters, my post will get deleted….. come on Acey…
Forums are here for people to have debates & discussions…. Some of the moderators at SS are a bit on the heavy handed side…..
Joseph,
to put in in perspective, Steve & Dave have bought that many properties at a time when prices were quite low, and, returns were better than today…..
It is still acheivable, but it is not an easy path to go down…. we’re at 37 after 14 months……
You should also read Peter Spann’s 2 books….. very good, and, there is also a good strategy in there to help you on your way, called LEAPFROGGING…..
Cheers
Scott
You may know the cost of everything…. but what about the value ????
ALI G,
Unfortunately it is exactly our family & friends who stop us from achieving our investment aims…..
These people, sad to say, in general are not as well informed as you / and us have become….. and they are the ones giving you investment advice ???? [blink]
Many of us here, have started our journeys “alone” and found kindred spirits here, and, through investor meetups…. Best to keep your family & friends out of the picture till you have made a bit of $$$….
Then they will be coming to you for advice !!! [biggrin]
You are making the journey !! GREAT !!! GO FOR IT…… !!! We will be here to support you !!!
[cap]
Originally posted by Ali G:Yeah it’s pretty exciting really. Just trying to organise a pre-approval so I can go shopping!! [biggrin]
On my way to my first IP… hooray!!! I really can’t tell all of you just how much being on this site has given me the courage to just go ahead and do it! Thanks everyone!
Cheers,
A very happy Ali G [biggrin]
Ali G,
Congrats on making a start…. Creative thinking such as what you have done here, is a good way of getting ahead of the game…..
When you DO look at property in NZ, hope you do your homework, and, get away from the hype out there about it…..
Cheers & Great start [cap]
You may know the cost of everything…. but what about the value ????
Originally posted by NEWGEN:How about you re-read your post.. then re-read mine.. then grow up a tad?
Thank you
As I said… get a life….. When you finish high school, let me know…..
Originally posted by NEWGEN:Originally posted by Pelicaninvestments:This is more an issue of ethics/morals….
If you don’t tell they won’t know……
BUT – Will that sit OK with you ???
To be frank it sounds like you don’t really need it, if you can afford to buy an IP in NZ….. but…. it’s your call…..
Cheers
You may know the cost of everything…. but what about the value ????
So you’re saying that someone who is well off shouldn’t apply for the FHOG or it would be unethical or immoral of them? Sorry to say this but I totally disagree and think that’s a load of crap. A lot of people didn’t get their money handed to them on a plate.. most people work hard for it. Saying that this grant is just for the ‘people doing it tough… the Aussie Battler’ just annoys me to bits.. I think Aussies are taking this Aussie Battler tag too far. When will people get off their arses and make an effort and stop blaming everyone else but themselves for the position that they are in?[grrr]
*Takes a deep breath and drinks a glass of water* lol
NEWGEN – Get a life will ya [argue]
This is nothing to do with poor ol battlers….. Ali G can do as he pleases…..
The law states one thing….
I was talking about the INTENT OF the FHOG…. It is provided to assist people who want to own their first home RIGHT ??
Now Ali G here posts saying he wants to buy an investment property overseas, then use the FHOG to buy a house in Australia….
Gee NEWGEN – Ali G MUST be a battler…. [huh]
May I suggest you and Andy go out and get your eyes tested…. Where did I mention that it’s unethical ???
I merely stated that the only issue with doing What ALI wants to do, is not a legal one, but a personal moral or ethical issue….
Personally I dont give a toss what he or anyone else does in this situation… it’s none of my bizz……. There is a loophole, which can never really be plugged, so, good on him…. It is his choice… no matter what….
Why don’t you get down off your soapbox, and, re-read the posts here…..
You may know the cost of everything…. but what about the value ????
This is more an issue of ethics/morals….
If you don’t tell they won’t know……
BUT – Will that sit OK with you ???
To be frank it sounds like you don’t really need it, if you can afford to buy an IP in NZ….. but…. it’s your call…..
Cheers
You may know the cost of everything…. but what about the value ????
