I'm with masterREL
"If it’s so easy and they make so much money why not become one?"

Its so easy to complain. the price is the price…

If your angry about how much tradies can change and inturn, how much money they are making….. try the other option and get your self a trade and earn all this money yourself..  The problem is, no one wants to get there hands dirty in this day and age.. its much easier to sit behind a computer all day.

Travel, quote, travel

Don't buy in Melton…… I lived in Melton and moved to Bacchusmarsh.    Melton now, has got the option to buy house and land packages for $200,000. These are poping up in new estates all over the area.  Brand new!  Plus melton really doesn't have a good name for it's self.

Had a friend who bought 4 houses in melton. He lived in melton and got the taste for property.  But sold up 3 years later with nothing to show for it.  No real capital and alot of mantainence. plus -cashflow.

Try ballarat on the west side.  

I believe Melton is a no go for the present and then future.but if you can see otherwise, you do what you gotta do.

cheers mate
mark

I hate to say it but i'm still with ya crashy and your views.

Every business is out to charge maxmum dollars and as much as they can…  not just tradies.

Maybe, it cpould be because there are bigger dollars in a deal and it's more emotional being your house, that it hits home emotionally and becomes an issue?

There are good and bad people in every business being it, sales, construction, advice e.t.c   (i think phone companys are cu%ts)! sorry…….

Anyway, to finish off,
Maybe it's just the tradies that can "MEASURE UP" the money making deals better than others!      excuse the pun! 

Working on a job today for a guy who took out a 3 mil loan to fund/buy the two blocks, which are next to each other and to build the two massive houses. 

He's helping us on the tools and we could not be happier.  We are on an hourly rate rate with him which he is happy with.

He says that he likes to help out because he needs a qualified worker, which he isn't, to build his houses and by helping us, we can get a job done to met his satisfaction. A WIN WIN OUTCOME.
 
He maybe doing this to keep an eye on us? i don't know, but who cares.  He's a great laugh and bought us beers this arvo. We will be putting in extra effort tomorrow because he is a genuine nice bloke. He's going to make a fortune out of it and we are happy with what we are getting.

Question:  If the tradies are in such a great position of power with screwing customers and getting away with murder whilst making loads and loads of money, Why aren't you trying to becoming a tradie then and using this niche market to capitalise on? 

Most people in this day and age don't like getting there hands dirty anymore.
  

i was also thinking along the same lines…..   and i would like to get some info on this.

Are you trying to say use your equity to fund your life style?

Inflation? maybe.

They say Price of house doubles every 10 years. And actual money doubles 25 years.

?

i'm 24 and at the start of the new year will be investing in our first IP.  i can't wait.

i've spent the last 6 months reading steves books and other books which is helping me with my knowledge.
 i've been getting my maths and research down so i'll be ready to pick one when were ready.
i've already picked out my area and found a few that i would consider buying….
whats funny is, i've been reading books and getting all organised to start. I've spoken to the missus many times about it and she's ready to help out and support any way she can.   But…..

i made up a 5 year plan and printed it out to show her what we should aim for and what we can achive….
i found out that goals that we have talked about have different DATES!

Buying PPOR which will stunt the growth. kids. animals….   all at different dates.  so we've had to work them in.

Lucky we got this worked out now..     The 5 year plan has been changed to an 8 year plan now !

I recomend writting out a 5 year plan and i mean WRITTING a plan..  Get your knowledge down which you are doing. I pretend that i've already got a loan and i ask all the necassery questions. Do all the maths… I find it fun..

i have pass two which were worthy  and would have been great to start the portfolio but i'm really happy about is that i have been able to find them..   i showed the parents one of the propertys and what i have been up to and they said if i find another one, contact them straight away!!   Commision here we come..!

Mark         Hope i helped

May i ask who the insuance company is ? 

Thanks

Mark