Sue

The system that is in place for owner builders is all up side down . Nobody knows whats going on . Just use a building surveyor that will sign you up as a owner builder. Every project use a different one . Its to hard to trace it back.Change names a long the way by de pole. Get a builder to say its him doing the job , pay him a couple of…[Read more]

Well worth going it was my second class and will be going again.
Cheers Rick

Sabina

Just my 2 bob, I have the game but have never played it, but Im in melbourne , would have liked play it with your group.

Cheers Rick[drummer]

Lady24

I agree with foundation and dazzling , keep it simple .
Ther will not be 2 cycles in the next 18 years ,maybe 1 or 1 and a bit , I could be wrong but the figures do not add up for 2 cycles.
50 propertys , I have 7 and it can be a lot of work at times not to mention a head ake. You are a lot better of haveing a couple of high yeild…[Read more]

Hi turbob

Im in the middle of converting a house into 8 bedrooms 2 kitchens and 3 bathrooms and Iam going to rent the rooms out , just as you are planning to do.

I dont know how it is going to work , but Im diving in the deep end anyway.

If your interested in haveing a chat email me at rickpornstar@dodo.com.au and I will give you some details…[Read more]

Shaztaz & Ezy

Thank you for your in put

Cheers Rick[drummer]

I never have dept on anything but property. If you cant pay for a car cash dont but it.You will soon learn to save and you will buy a car if you need one.
My suggestion to anyone that stuggles with money is read a book called the richest man in Babylon. It was writen thousands of years ago in stone, but republished I try to live my live…[Read more]

Give me more

make sure you not over paying for the property although they offer good returns most of the tome you will pay for the extra returns in the purchase price

Cheers Rick

Maybe try 4 something a little diff . Say buy a house with a fully self contained unit , for the little extra in price you maybe able to rent them seperate and your return could be a lot higher. Or look for a house that needs a paint and gardens done , you will pay a little less put a bit of elbow grease into it and get a beter return for your…[Read more]

Like monopoly says its really what you are comfy with . Frankston is a top location if you are wanting CG . I belive it is still under valued.I personally like frankston heights frankston south frankston central. Other parts will still have CG but I think the beter parts will be reconised first.

Cheers Rick.

P.S. Remember land goes up in value…[Read more]

Go to your local casino and put it on red.
Man you have a big problem.
What ever you do I think you know what you are doing already , so just keep on doing it.

Good Luck (not that you will need it)

Cheers Rick[drummer]

Quiggles
were not worthy
were not worthy
were not worthy

Nice to see you resond
Cheers Rick[drummer]

Sharon

On the finnance question go to a post How to borrow 2 million , I gave an example of what I done to finnance the project.
If you need more info let me know

Cheers Rick[drummer]

Thanks Terry your a champ,[drummer]

Monopoly & Dardi
I think that you would pay normal tax rates on an investment property if you sell with in the first 12 months , you are only down to CGT if you keep it longer than 12 months.
You still have to be careful , I had a property for years then I developed it . I payed CGT up until I develpoed it then from that point (valuation had to be…[Read more]

Bigjobs Have heard of people doind it but dont know the connection they had with japan weather they had a bussiness over there or somesort of liveing visa or what I dont know sorry.

Natr Thanks for the advice will have a look

Cheers Rick[drummer]

Westan it wouldnt be in niagra falls by any chance
[drummer]

Jo

Thanks a lot will check it out. Will have to organize a game one day.

Cheers Rick

[thumbsup2]

Monoploy

That is graet that you have 8 copys of the game , I wish I still had my first copy. We had no money so if I wanted a game would have to pay mysely .At school we had a monoploy game,so I got some card board painted and drawed all the propertys on it made my owen money, cards and figurines. I changed the name to suburbs in melbourne and…[Read more]