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redwing
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@redwing
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February 24, 2004 - 7:00 pm
My day’s become *blurs* when you work night’s []
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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February 24, 2004 - 6:49 pm
LAUGH OUT LOUD
Hey Del, what’s your first Anniversary.. Paper ?
Go to the top right 2mw and print this whole posting… From us to you.. Congratulations [:o)]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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February 24, 2004 - 6:39 pm
What is considered S-E Queensland then ?
bordered by what and where ?
[?]

REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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February 24, 2004 - 5:24 am
CHAN THE COMEDIAN !!
Chan$ finding you more and more in the funny pages here lately ??
Thanks for the laughs, i’ve e-mailed a few onwards [^]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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February 24, 2004 - 5:20 am
What’s a 4 week holiday ???
someone i know know’s someone’s friend who gets one of those, and he gets paid for it too..
I’d love me one of those things
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
Join Date: 2003
Post Count: 2,733
February 24, 2004 - 5:17 am
Brent it was the second problem.. and my anal ‘neatness compulsion’ [][]
Oh well, i’ll just have to live with the messiness, if i *squint* it doesn’t look so bad, the pages blur together.. ( Joking )
Thanks for the reply[^]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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Post Count: 2,733
February 24, 2004 - 5:15 am
Missed that one Celivia..and now it’s onto something else [!]
maybe it was an Ad for the seminar[]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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Post Count: 2,733
February 24, 2004 - 5:12 am
Hmmmmmmmmmmm
Where’s that accountants number……..[^]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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February 24, 2004 - 5:06 am
Yack/ Mark Patrick..
Peter Spanns book is WEALTH MAGIC, again not a bad read, an Australian book also.. think he went from checkout chunk to property hunk ( worked at woolies checkout )
did ‘very’ well for himself, started renovating and selling properties, then was once asked how much $’s he would have made if he *Kept* the properties.. out of interested he worked it out, got a shock, and didn’t really sell the properties from then onwards..
My recollection of the book anyway.. Yack ?
Agree wholeheartedly with his buy well, value add and manage well thought’s also
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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February 24, 2004 - 4:47 am
Simon
remember the 11 second solution is only a “filtering” tool, to sort the wheat from the chaff, so to speak 1
researching any investment is paramount, forewarned is forearmed, so to speak ( hmmm i must’ve eaten my rollerdext of quotations and not my cereal this morning !!)
Anyway, looking at a few deals at once, on paper and working out the benefits certainly help’s put ‘individual’ properties into perspective..
Sort out what you want to achieve also.. you can’t have it all..No risk, high capital gains and high cash flow, each property may have a mix of these areas in different percentages
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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February 23, 2004 - 3:38 pm
Eat a frozen ChocMilk in a bath of cold water..[8] KEWL very KEWL
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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February 23, 2004 - 3:35 pm
[^]Mel
Good to see after being ‘kicked’ by HK you’re still on the horse [^]
So after all that investment..what did you learn ??
Realising that even for his bad points there must have been some worthwhile strategies or lessons learnt []
Hopefully others ‘burnt’ by the HK affair have also moved on to bigger and better things and my best wishes to all of them.. sometimes it’s good living in ‘the west’ where no one visits
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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February 23, 2004 - 3:29 pm
Thanks Derek
Appreciate the post..
and welcome to the Forum..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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February 23, 2004 - 3:23 pm
Thanks all for your posts more food for thought, i’ve spoken to my mother regarding this, yet to speak to my sister..
Appreciate any input as to how to structure a 50/50 deal or such, 50/50 on an investment property is a bit easier but 50/50 or such with one partner living in the premises..? realising it’s hard with family..
At this stage everyones just talking in the family and ‘throwing’ ideas around..
Parents semi-retired and own 6 acres of mango farm in Broome
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
Join Date: 2003
Post Count: 2,733
February 23, 2004 - 3:07 pm
Yack..
read the book Ordinary Millionare$ by Jim Mcnight a while back and enjoyed the reading, people doing well motivates me also..
Think mJim Mcnight was a Psychologist at one of the UNI’s
With your ‘Growth’ style approach i’m supprised your not more into Margaret Lomas’s book’s or such..??
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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Post Count: 2,733
February 22, 2004 - 8:11 am
Pisces..
a quick question, what would be the minimuim amount then, in equity that you would consider a PPOR had appreciated enough to be able to sell and realise a profit, taking into account purchasing, holding, and selling cost’s ??
Or rather than equity as a dollar figure how about expressed as a percentage of the purchase price..??
I know it’s like asking how long is a piece of string, but in ‘your’ opinion..?
REDWING
NG
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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Post Count: 2,733
February 22, 2004 - 6:47 am
I Recall Noel Whittaker talking about the rule of 72 as applied to investments many, many years back []
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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February 22, 2004 - 5:46 am
I’d always heard Armadale and Gosnells good from a rental/investment perspective..
The 2 brothers in API magazine think so too i noticed..
Me, i prefer the coastal or river areas, not to far inland, but maybe i’m limiting myself and thinking ’emotionally’ as “would i live there” hmmmmmmmmmmmmm []
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
Join Date: 2003
Post Count: 2,733
February 22, 2004 - 5:43 am
Pisces..
Would 10% be more realistic in general cases then..
Only have this figure as a ‘Chippie’ i knew went onto becoming a builder..
Get a bobcat in to clear the block…get invoice, add 10%
Get plumbers in, add 10%
Get Power put on-site, add 10%
Get Grano workers to pour slab, add 10%
That’s how he progressed anyway..[]
Are some builders ‘dodgy’…? well, are some Real estate agents ‘dodgy’…?
As with anything some good, some bad ( like R/E Guru’s i guess )
Guess they’re only as good as rhere last job..
Bigger building companies i’ve found ‘do’ have some better teams working for them, if your lucky, you get that team building your house..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
redwing
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@redwing
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Post Count: 2,733
February 22, 2004 - 4:25 am
Is it just me..??
but his site and advertising looks and *feels* a lot like Robert Allens or ESI’s.. even down to the *pop* up windows when you back out from some areas of the site…..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”