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  • Profile photo of PropertyGuruPropertyGuru
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    Arty,

    Cool! Actually I like small tattoos (especially on girls) But I think feeling of getting it is … [:O][xx(]

    Have you seen late night Riki show? She had lots of time this topic is her show. [}:)]

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    Arty I think I should Change topic of this post to “Panic at Work”

    My another story..
    I was archiving one of my online project and in the process software sent out email to every one in my department saying their project will be archived in 5 minutes. At a time we run 100+ projects. [:D]

    Every one started asking me how to stop and what to do etc… Some how I manage to stop archiving their project since that day I haven’t tried archiving any project and told my boss to find some other solution to do this ( like buying more hard disk etc )
    [:P]

    Profile photo of PropertyGuruPropertyGuru
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    I also forgot my name in the process of finding name for aussierogue [:D] now time to suggest me also a name [;)]

    Profile photo of PropertyGuruPropertyGuru
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    Pinky you are about to get your third start 3 more to go may be will get before I complete this post..

    [;)]

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    Pinky,

    Here is my answer before reading your last bit of post [:D]

    Vanilla ice cream
    World peace
    Out going
    Blush and laugh it off
    Speed, but only 10ks over the limit at best
    Alot of acquaintances but not many close friends
    You know where every cent goes

    [}:)]

    Profile photo of PropertyGuruPropertyGuru
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    I talk to much to every one now every body put sign Shut up Amit near my desk with their signature [:P].

    I some times hide people mouse to create some panic now my next idea is to cut every one mouse wire so they all can have wireless mouse for free. [:D]

    network cable is also good idea I am going to do this very soon [:)]

    Profile photo of PropertyGuruPropertyGuru
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    Arty,
    While reading this post I am getting pain.

    [:D]

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    Arty,

    Well done! very quick [8D]

    I am really bored at work. not much to do…

    what do you guys think I should do..

    [:P]

    Profile photo of PropertyGuruPropertyGuru
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    Hi Erika,
    I was thinking of buying in Cobar and I put a post here before and lot’s of people replied. If you search you can find that post and answers to lot’s of you questions.

    Cheers
    Amit

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    Kate G,
    You mind giving your email here?

    Cheers
    Amit

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    Hi,

    If some one interested in this free seminar about tax…

    http://www.reduceyourtax.com.au/events.htm

    Cheers
    Amit

    Profile photo of PropertyGuruPropertyGuru
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    I just read last paragraph I think good for people who were debating on buying -ve or +ve flow property..

    quote:


    Until we meet again, remember, never, ever, ever buy a negative cashflow property.

    Regards,

    Steve McKnight


    Profile photo of PropertyGuruPropertyGuru
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    yes you are the only one !

    joking only ! [;)]

    I think if you don’t have any idea about the property then it will take some time to understand things same happen to me when I was reading my first book some time ago. now when I read these type of books lot’s of time I know what writer going to write in next page [:D]..

    you will be perfect also.
    do you have already your naked army which distracting you reading the book. [:P]

    Cheers
    Amit

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    Aoccdrnig to a rscheearch at an enligsh uinervtisy, it deosn’t mttaer
    in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is
    taht frist and lsat ltteer is at the rghit pclae. The rset can be a
    toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae
    we do not raed ervey lteter by it slef but the wrod as a wlohe.

    [:D]

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    Just to repeat this example
    because I think we missed that we buying only $50k property in this example for postive and for negative $200k so let make postive also for $200k to make it easy we just buy 4 like that… then see the figure …

    House 1 (positive)
    Price $50k*4 = $200k
    Cash flow +$5k*4 = $20k
    Capital gain 10% = 5k*4 = $20K
    Net return = 20k cashflow + 20k CG = $40k

    House 2 (negative)
    price $200k
    Cash flow -$5k
    Capital gain 10% = 20K
    Net return = -5K cashflow + 20k CG = $15k

    Now you see how +ve cashflow is better than negative cash…..

    Cheers
    Amit

    quote:


    House 1 (positive)
    Price $50k
    Cash flow +$5k
    Capital gain 10% = 5k
    Net return = 5k cashflow + 5k CG = $10k

    House 2 (negative)
    price $200k
    Cash flow -$5k
    Capital gain 10% = 20K
    Net return = -5K cashflow + 20k CG = $15k
    Here is a simple example of how negative cash flow can be better.

    This is a very simple example. Cash flow includes depreciation and tax refunds/payments.

    On the other side of things…
    If you had a surplus income from your work pay less every day living expenses of $10k per year, then after you had purchased 2 of the House 2’s you would not have any money left to purchase any more and still pay off the mortgages. (Remember each property had a cash flow of -5K). There is no limit to how many House 1’s you could purchase.

    Andrew
    http://www.rentmaster.co.nz
    Software for Landlords


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    Hi Judith,

    I just used ez-rent with your numbers quickly and and come up with 8k+ cash flow after cash. When it’s saying annual loss in negative it mean that +ve cash flow. Please try to put numbers again. I think it’s good deal.

    Cheers
    Amit

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    Arty,

    Check out Pinky other post!
    [:P]
    we both join with investron [8D]
    Amit

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    Gday Pinky!
    Don’t forget to keep me in your Naked Army!

    [;)]

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    My Goal is to work for PINKY semi Naked! [:D]
    Amit

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