OMG Chocky Monopoly thats awesome!!!!! But if the properties get eaten what do you have left except a sore belly and a big smile on your face?????

I want one of those!!!!

Wow thanx Oscar that is so cool!!

At last someone has said what Ive been thinking for ages!!

Geez if ppl are worried about interest rates to such an extent then maybe they’ve overcommitted themselves financially!!

I think you ahve to allow for incrases when you first crunch the numbers and if you dont your crazy!!

Pepper

Thats really nice of you Yorker and Im sure lots of new poeple starting out will appreciate you suggesting places. Thanx it all helps doesnt it?

Pepper

Geez Louise Yorker, do you really look at that many first? Good for you!!

Gotta say though thats a lot of properties and must take you ages!!

Pepper

Hi everyone,

Monopoly I agree with ManicSqush your comment is a reality check and i didnt think it impolite or crossing the line at all. Thanx for sharing it with us it a lesson for sure!!

Its sad to think that these sorts of tenants are still out there and I hope I never get them or those like them in my porporties. Hell not paying the rent’d…[Read more]

Hey Yack just went back in and deleted my thread seeing no one responded so far anyways.

Heres the what I said in mine:

The dictionary says velocity means speed, but if so many of you investors here believe in B&H how do you interpret this speed??

I’m assuming it was explained in the seminar which unfortunately was sold out before I could get a…[Read more]

Yeah [angry2] you stole my thread man!!

Nah its kewl Yack no-ones responded to my post yet, hope you do better!!

Pepper

Geez Louise Kay, you that old?? hehehe Nah really whats the diff?? X, Y your only as old as you feel right??…Ahh dozen matta!! [biggrin]

I agree free stuff works for a 1500 dollar fridge or DVD player, but not so sure it’ll offload the 200k unit!! If you make it a 2-for-1 deal I might reconsider!! [biggrin] Oh well guess no harm in…[Read more]

Hi everyone,

Could someone please clarify the following definitions for me:

Property INVESTOR
PROPERTY investor

Thanx in advance

Pepper

Originally posted by bennido:
What would be interesting though is if you redrew the money for another IP, would you need to keep track of the how much of the loan is for which IP ??

Id say if you purchased another IP the contract document outlining the price would be evidence enough as would be the paperwork from your solicitior with the…[Read more]

Guess you must be a youngie Kay and like many of todays Y Gen, marketing stats indicate that advertisers are finding that many of the marketing gimmicks aren’t working on this new breed so there having to resort to other more down-2-earth approaches of selling their wares!! Not saying they dont use any snazzy ploys, just that the old “steak…[Read more]

Hmm..so what your telling me Bennido is that in effect that LOC actually stands for Load Of Crock!! [lmao]

Sounds really crazyto me, why would anyone pay a higher interest rate for the prevlidge of flexibility that really they aren’t able to have?? Coz if they try to they get penalized??

And what about the “double dipping” isnt that going cause…[Read more]

Sorry LeighK,

Don’t mean to sound negative but I have to agree with Aceyducy on this note and maybe you may need to reduce the price a bit more!!

As with most things which have “thrown in”s in the picture it always creates an air of supsicion!! Kinda like the steak knives on one of them infommercials!!

Pepper

So Bennido your loan is not a LOC is that right??

And I guess anyone who has a LOC this ruling applies to them to??

Sorry if I keep asking silly questions, but it seem strange to me. Why bother with LOCs if you cant access the money as you see fit?? [blink]

Pepper

Hi LeighK,

How long you been trying to sell the apartment?? Maybe you just need to give it a little more time and then you wont need to use any incentives.

I think its worth a shot but in all honesty I dont think it would attract me per se. If i wanted to buy the apartment I’d buy coz I wanted to not coz it came with a holiday or TV.

Pepper

Hi everyone,

Thanks for bringing this topic up, it makes for good info reading.

I remember seeing Paul Clitharoe (not sure thats spelt right) but I always heard him say that LOCs were ideal coz you had access to money when you needed it for IP purchases and that if you dumped all your money (wages, salary, rental etc) into it (to reduce tax) and…[Read more]

Hi Kay,

Don’t know if you or anyone else watched TT a few nights ago and coz I only caught the tail end of the segment I missed most of the meaty stuff, but apparantly it was about ebay and the pitfalls of buying stuff online with them.

Maybe soemone else in here could add more about it in greater detail??

Pepper

Hi Hector,

I have to agree with Aceyducey on this one. Students are not necessarily like most renters but with less money at all, in fact many of them probably have more money than you and me put together and are only over here in this country to get the degree which they would otherwise wouldnt have gotten back in their home…[Read more]

Thanx everyone,

I prefer houses as investments myself but thats not to say I wouldnt buy a unit if the price was right and the location was good. And a healthy mix of both is a good strategy for sure!!!!!

You all made excellent and valid points and I appreciate you taking the time to give me your opinions.

Pepper

Hi everyone,

I always thought you HAD TO vote wether you wanted to or not!!!! Which isn’t real democratic but guess thats just the way things are. And if you dont vote you have to pay some kind of penality!!!!!

Pepper