redwing replied to the topic Buyer Beware – Rental Return in the forum Help Needed! 19 years, 8 months ago
Agree with DAZZLING have a go at taking matters into your own hands if you are not happy..you could probaly write a better AD for your IP anyway. Bill (from this forum used to write some beauties)PLUS your motivation is higher-you own it! I’d rather take a $20-30 loss each week than a $300.
LASTLY compare your IP and rent to similair IP’s in the…[Read more]redwing replied to the topic RENTAL OWNERS and WORKERS COMPENSATION in the forum Legal & Accounting 19 years, 8 months ago
Uproar in WA
Hey we’re still smarting about the fact that a female proprety owner (investor) is losing her house under the proceeds of crime act as her tenants were using the house to grow/sell marijiuana.
A guy on 6PR Radio rang up the other day wanting to know what to do, his parents rent thier IP privately and the son did the last…[Read more]
redwing replied to the topic RENTAL OWNERS and WORKERS COMPENSATION in the forum Legal & Accounting 19 years, 8 months ago
Be Nice if it was BS jason…but i dont think so somehow…[confused2]
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic RENTAL OWNERS and WORKERS COMPENSATION in the forum Legal & Accounting 19 years, 8 months ago
Another REA i spoke to said it’s prob true- insurance companies bleeding the public.
REIWA stamp on the letter also, i’ve asked them too…
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Australia’s Best Cashflow Positive Suburb in the forum Help Needed! 19 years, 8 months ago
J- That seems to be great for a capital city?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic RENTAL OWNERS and WORKERS COMPENSATION in the forum Legal & Accounting 19 years, 9 months ago
Docep have told me to contact a lawyer and get advice?
I’ll keep you posted
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic What to do? Fremantle WA in the forum Help Needed! 19 years, 9 months ago
Hi again Olly..
Firstly i’d get 3 valuations from local REA, i then average them out to get an idea of the properties worth ( i do this each 12-18 months on my IP’s).
This should give you a good indication, then start looking at what each of the partners want to do and if someone did sell thier share, waht would be a fair and equitable wayof…[Read more]
redwing replied to the topic What to do? Fremantle WA in the forum Help Needed! 19 years, 9 months ago
hi Olly,
You may have to post some more details regarding the deal.
how much is the property worth now ?
What do you get out of it (income) and a fewmore details.
IMHO you need to work all the details, plus pro’s and cons on paper and look at the deal as a business deal tehn see what thebest move is..
what was your intent when you…[Read more]
redwing replied to the topic Perth – where to invest? in the forum No Subject 19 years, 9 months ago
VALE i mentioned some time back on the FORUM before they even cleared the Land- it’s owned by John ROBERTS (MULTIPLEX)
I believe a Melbourne Lawyer who owns land close by will be developing his parcel of land also now
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online…[Read more]redwing replied to the topic RENTAL OWNERS and WORKERS COMPENSATION in the forum Legal & Accounting 19 years, 9 months ago
Looks ambigious to me, i’ve contacted DOCEP to get thier take on the issue.
Anyone else know any more?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Disillusioned in the forum Help Needed! 19 years, 9 months ago
i found Steve’s 2nd book to be a bit more ‘Dolf deRoos’ in style..look for solutions to problems.
interest rates will undoubtably rise in the coming months and you will have to think creatively….
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Is this the lowest price?? in the forum Heads Up! 19 years, 9 months ago
007..
posted on the 8-02-05?
maybe try PM Brent
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Perth inner city apartments in the forum General Property 19 years, 9 months ago
Hi Zen,
As we went through the Capital Growth phase of late you could’ve done well on some OTP apartments (i’m thinking of 2 that i know of,on min deposit) times they are a changing though. Interest rises are coming and you have to be very careful of the oversupply of apartments in some areas.
I see that the area around the Sandringham etc is…[Read more]
redwing replied to the topic Perth – where to invest? in the forum Help Needed! 19 years, 9 months ago
I’d also be betting ‘Growth” will slow to around 8% rather than the 20% + of late.
having said that there will always be pockets that achieve better than average.
It’s also interesting that the REA of late are going back to traditionaly expensive areas for thier CG ‘picks’ in WA.
Yokine ‘or’ Hillary’s….I’d pick Hillary’s over the two, not…[Read more]
redwing replied to the topic 2 PPORProblems : ( in the forum No Subject 19 years, 10 months ago
At a guess..the rental would be around $140-150p/wk..
I’m guessing again, but i’d think he would have “serviceability” issues with both loans and with only his wage as income..
Unsure as to the structure of his loans, but i’m presuming if he didn’t have to worry about P1 loan he would be happy…
Not knowing “all” details i’m hazarding a…[Read more]
redwing replied to the topic Health in the forum No Subject 19 years, 10 months ago
Not only change your routine..
But importantly, your Tempo..
It’s gone pretty commercial, but check out MuscleMedia or http://www.bodyforlife.com/
It’s a start
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Health in the forum Forum Frolic 19 years, 10 months ago
i hear ya calvin
I used to have a six-pack, now i’m going for a keg..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic wealthbuilders in the forum Heads Up! 19 years, 10 months ago
Read (and own) the book, it’s a good read..other than that?
do a search on the forum, this has been discussed a long while back with quiet a few replies
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Perth – where to invest? in the forum Help Needed! 19 years, 10 months ago
Will TOODYAY become the next Margaret River (Hmmmmmmmm)
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Health in the forum Forum Frolic 19 years, 10 months ago
I found that very intersting Gatsby..thanks
“Money is a currency, like electricity and it requires momentum to make it Effective”
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