>>Many people however refuse to accept what these forms of data analysis do for us (predict) and prefer to try second guess the market.<<

The word ‘predict’ should be banned in our vocabulary as the consequences of making predictions is that one is inclined to lock oneself into one mindset and thus walk around with blinkers. The effect of these blinkers being that it causes us to minimise and discount the importance of any negative factors.

It is infinitely better to get into one’s head that we use data to project, rather than to predict.

Pisces

>>tall, dark, handsome, in possession of a job and money in the bank.<<

Any age group ?

So how much would an introduction to someone like that be worth to you Mel ? []

Pisces

Even if the plans do not show wastes, it doesn’t mean they can be omitted.

My first call of port would be the council.

Pisces

>>And another thing. In my view its never a time for shares.<<

Yack, shares is just another avenue which allows one to spread the risk.

The outstanding feature of share investing or trading is that one’s money is immediately accessible.

The problem with shares is that it requires a lot of knowledge as well as a considerable time spent on keeping an eye on them.

For most people it is a lot easier to make money in real estate than is the case with shares.

Pisces

You may be right Michael though I read Wrappack’s first post as him looking for investors in the form of co-investors whilst you appear to think Wrappack was looking to raise funds as in borrowing money.

What is it exactly you have in mind Wrappack ?

The other question is : ‘Do you have a spare $ 100 K to $ 200 K to initially get the ball rolling ?

And, are you prepared to place that kind of money at risk ?

The way some syndicators have gone about their business in the past is by tying up a property first via a longish option, long enough to get a plan approved and then raising money via a syndicate and the property being sold into the syndicate at a higher price than the promotor’s actual total outlay, thus providing an upfront profit to the promotor.

A nice way to have an almost guaranteed end buyer.

Whether such things would still be allowed to go on I don’t know. I guess it is provided the director’s interest as a seller is disclosed.

Pisces

Congratz!!!!!!!

*doing a happy semi naked dance*

:þ

I wish that those people who pose a question to which one then answers would stay with it and reply.

Especially if being asked to provide some further information.

Nothing gives me the s…. more than such type of (mis)behaviour.

My second wish is that those do-gooders who are so prolific in their condemning of the behaviour of others, so sarcastic in their posts, had the brains, the civility, the decency to respond to a rational comment on their idiotic post.

Their silence is oftentimes deafening.

They are only one step removed from the ‘I am right, you are wrong’ attitude of dictators who want to force their opinion onto others and who think that they are the ones who have the Godgiven right to decide how others should live their life.

They are really invasive bullies, religious zealots at that.

Pisces

The interest rate is usually a bit higher than for a home.

I say ‘Usually’ though I have learned that it is possible to get similar rate as applies to residential.

The secret (if there is such a thing) doesn’t lie in the lender so much as in the approach to the lender.

Also, generally the length of the lease to the main tenant determines to a great extent the term of the loan.

With a bit of luck count on a 10 year loan term.

Pisces

>>One thing concerns me though, there are no Floor
wastes in the bathrooms and laundry except in the
shower.<<

Strange.

Go and see the building inspector at the council before you settle. Plus, tell your solicitor.

Pisces

Mel said :”Freedomfinder, I would certainly look at that deal.”

Apart from the fact that the arithmetic is off.

Pisces