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  • Profile photo of redwingredwing
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    @redwing
    Join Date: 2003
    Post Count: 2,733

    I Paid $440 For http://www.deppro.com.au

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
    Join Date: 2003
    Post Count: 2,733

    VIP

    Wellllllllllll… Guess we’d all be renting then ![shades]
    And helping each other out, as you and the government would be helping pay off the properties ( tenant, taxman, owner all contribute, thereby the property gets paid off quicker )

    Do i detect some cynicism VIP ??

    Imagine if everyone in Aus did ‘nothing’ VIP, what do you reckon would happen ??

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    R77

    They say most people buy in thier local area, and that’s why many Real estate Agent’s ‘drop’ the flyers in your letterbox regarding a property for sale in your area, after all, you live there , feel comfortable there etc..

    Or you may have friends or family that also like the area and want to move there..

    It’s harder to get out of your ‘comfort’ zone and invest in an area you don’t know too well, it’s a bit scary and the further the distance the greater the fear ( you can’t see or drive past it ) however , over time this fear abates ( having said this the furtherest i’ve bought to date was about 4 000km away )

    But remember your local area may be experiencing a downturn, whilst another suburb in another area, may be experiencing it’s best growth in decades due to new industry or such moving in..

    Think of the Lotto add with the guy fishing in the river with about 50 lines in the water, improves your chances of catching a fish, but inmagine if you had 50 lines in different parts of the river, or even in other rivers.. would you feel more confident of catching some fish now than the guy sitting on the sandbank with a handline..[biggrin]

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    I’d be looking at the ‘undervalued’ areas..

    Those that have not risen as per the rest of the suburbs, according to the last figures Viveash was a great area to have bought in..45% gain or such in last 12months ( trying to remember , this would be close anyway )

    I believe Midland has potential, and the business and local government are pushing hard for developements..

    But my preference, as always, is something near the Coast or the River..

    Looking at some 3×1’s at the moment for family and it’s hard to find what you want, where you want, for what you want to pay.. prices have definetly moved in the last 2 years..

    My Top pick however would be S#@h*^r[biggrin]

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    Shaolin-K

    I’m in Perth, a lot of properties located by means other than the internet sites we all review, they are however a great starting point.

    I’ve passed, on deals that have easily met the 11 sec rule but on investigation have not met my criteria..

    Wish you all the best on assisting others that do not have the time to source these deals.. it’s allways good to create a win-win situation [thumbsup2][thumbsup2]

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    DC..

    Quick reply is 2.5%, however it’s more complex as Ez-rent has pointed out, different items also depreciate differently due to cost..lower costing items depreciate quicker..

    Ditto re Georgis’s reply regarding Stamp Duty, not Everything is Tax deductible..

    REGARDS

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    ROFLMAO..[laugh4][laugh4][laugh4][laugh4][laugh4]

    VERY FUNNY..

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    GATSBY….

    What happened ?? [computer]

    You’ve changed the context of your original posting ??

    I’m confused.. But hope everything is sorted out with your problems. All the best REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    TIP- Start with “Google” ,and, the Government ‘can’ be helpfull[king]

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    Short answer from me..No and Not interested.. Sorry, no help, just saw no-one had posted..[biggrin]

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    Julie

    This has been posted before..The general consensus is NO, unless you’re specifically in the business of buying and selling many properties

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    [grad]Me, always learning..

    [chef]Me at home.. Head Chef and Chief Dishwasher

    [cap] Kid at heart
    [aacool] Kewl
    [evil4] Playful
    [fear] Property Ninja
    [hair2]When i’m sick
    [king] King of the sandpit

    ALL of my personalities Say “Hi”

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    [jerry] I enjoy Bec’s post’s…keeps things in perspective…

    That’s why the smileys are here..don’t get too serious[upsidedown]

    Sticks and Stones YADA Yada…

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    This question should be a ‘STICKY’ [biggrin] As it gets asked that often…

    Ipop..

    Depends on your situation and what your plans are, it’s a pretty Broad question you’ve asked and given no details, with some more details, i’m sure most of the brokers here could give you a better viewpoint..

    PS-I have IO on My IP’s.. fixed it a while back..

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    Derek..???

    Hi Gatsby, Derek from this forum would probally be a good person to converse with initially and discuss the situation, he is associated with the Investors Club, and from all that he’s posted seems to be knowledgeable and approachable about many issues concerning the Club, and willing to answer any questions..

    I can see your frustration, as my understanding of the whole concept of the Club, is to Assist you and other budding property investors in the process of accquiring IP’s..

    Good luck..[upsidedown]

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    Shoalin_Kaveman…

    Positively geared properties are easy to find, Cheap properties are easy to find ( CHEAPEST I’VE FOUND IS $12K )…. it’s where they are that’s sometimes the problem

    If it was just as easy as locating the properties we’d all be doing it ‘easy’ and i’d have a multitude of properties, above what i now own..

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    Bec..

    I’d be interested to hear your story as well, there are quiet a few regulars on here that i believe could give some insight into thier Investing and personal story’s, nothing to indepth or revealing, just a broader picture..

    Still in School posted a short glimpse of his background recently, so Kudo’s to him.

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    Oh welll…Live and learn, on the Positive side, you should be increasing your Equity quickly..

    Onwards and upwards

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    DADADADA DADADADADA CONGRATULATIONS GURU

    Now..a s Still In School Has Given us some background on himself……… how about you ????

    REDWING

    [sultan]PROPERTY GURU

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of redwingredwing
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    @redwing
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    Good strategy Pisces..[thumbsupanim] Thumbs up from me for negotiating

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

Viewing 20 posts - 1,821 through 1,840 (of 2,376 total)