I always use PM’s for my IP’s saves the headache (most times)have you been keeping records of notices etc to him for those occasions when he has not paid, has he given a reason for not paying this time? You…[Read more]
Both Reactive-Proactive and with a dose of honesty thrown in..[biggrin]
With the accountants and having to choose the better of the bunch you’ve recommended, i’d have to go with one of the three..the fourth is obviously no good at his job [laugh4]
REDWING
“Money is a currency, like electricity and it requires momentum to…[Read more]
Agree with Dazzling also..we have all our Loans with NAB and got a discount on rates etc, however, looking at new IP, restructuring and possibly moving banks..negotiation time [biggrin]
Maybe we need to *revalue* Christobells IP in 10 yrs time then?[biggrin]
I always remember that you make your profit when you purchase….apart from when you never never sell, then the price you pay isnt as important (read Jan’s book)
Glad i’m not involved on the rollercoaster ride over there and live in WA..
in your Honest Opinion and for the benefit of those people who struggle to understand the world of property investing and are fearful of taking the first step, what would you propose they do?
I would’ve thought the Investors Club was the better of the bunch out there for a newcomer, especially someone who doesnt have the time or interest…[Read more]
RP DATA is great too..especially for individual properties where you can view their history..
Have a semi-retired friend in Perth who uses the VGO to his advantage, he also only looks at properties on the market for over 8 weeks (motivated sellers).
Showed him Peter SPANNS book and he loved it… showed him DD’s article in API and he agreed with…[Read more]
I agree Its always good to have a positive outlook, as they say it’s not so much timing the market but time in the market. The thought that you make your profit when you buy, doesn’t apply if you ‘never’ sell[wink]
Magellan..some companies cant even get their mines going due to lack of skilled labour.
Sons of Gwalia crashed to earth..it will be interesting if St Barbara now *kicks* production up a notch again now they have bought SOGIES… lets hope they do.
“Money is a currency, like electricity and it requires momentum to make it Effective” Count The…[Read more]
Kalgoorlie is a town of declining population isn’t it from memory?
And it’s a bit like Las Vegas it’s in the middle of nowhere, there are many properties for sale in the area, i’d presume many others for rent also, as advised by the others on the Forum you need to do something- and now.
Reducing the rent and getting a tenant into a lease is c…[Read more]
Two key ways to save tax are to defer income and to bring forward
expenses. Therefore, delay the receipt of income until after June 30th if
possible. Ways to do this include placing money on deposit with no
interest payable till the next financial year, and deferring the sale of
assets that may give rise to a…[Read more]