The “people” in OPM is a metaphor for any other source of money. I’m comfortable with OIM – Other Institution’s or Other Investor’s Money.

If you had a new Sydney version, the stations would be Central, Town Hall, Wynyard and Circular Quay (they’re the busiest four in the CBD).

But this would need to change every couple of laps of the board as they would move out of timetable order. (Apologies for any inconvenience caused). The Town Hall “square” on the board would need to be very…[Read more]

Sometimes this forum genuinely surprises me with the diversity of approaches and ethics.

Any time I have owed parent / friend / sibling money it always always gets repaid before anything else (except a base mortgage on the PPOR – but this has never been in trouble).

My philosophy is that opportunities come and go but relationships are guaranteed…[Read more]

But the women love it.

(It’s a secret, so don’t tell anyone, but the third tooth from the right on the bottom is actually porcelain).

My question to you – where can I get some ACME bird seed in bulk?

If you want to head down the IP route, then listen to the advice above.

If it were me, the question I would first ask is around the “sleep at night” factor. If you are not comfortable being on one income with a larger mortgage than you have then you would be better off selling your current place.

Re your original question, I would still be…[Read more]

I was Choc on Choc because Lemon Sherberts were not there.

No, but there is a magazine showing women how to scratch their a*se with authenticity just so they can be like men.

Honestly, why is so much effort spent in splitting hairs (no pun intended with the above para)?

I noticed it was very dull yesterday too.

Depreciation reduces taxable income. The nett effect of this is that, yes, the dollar benefits are higher if you are in a higher tax bracket.

Sya you had an IP like this:

Interest $10,000
Rent $11,000

Taxable income = $1,000
Tax (at top bracket) = $500 (roughly)

But if depreciation = $500

Taxable Income = $500
Tax (at top bracket) =…[Read more]

You mean all this time I should have been making up names to describe the most basic of tactics?

That ethics are not required to get ahead.

(Not that I subscribe to this, but in school the good guy usually won in the end).

I’ve no doubt that many people find these case studies great – I assume that that’s why they’re there!

Originally posted by yack:
And all these people expousing ‘Sight unseen’ is ok if the figures add up. Not in my view.

Even the most blase of commentary I’ve seen on this forum has said that “sight unseen” may be fine IF other forms of research are complimentary.

Numbers stacking up is but a part of this supporting information.

1. Kids
2. Wife / martial happiness
3. Work satisfaction
4. Parramatta Eels

“Don’t work with family” is not a cliche that came from nowhere.

Just go and get married. It would make the Pope much happier than to have all this secular heathen running around owning all the property in God’s Own Country.

[evil4]

“130 Properties” is an indicator of activity and is a great selling point.

But I don’t read quantity as the key KPI for success.

Margaret has been discussed many times. In answer to your question: I think she speaks sense.

Though, to see what everyone else thinks, do a forum search using her name.

As long as Chan keeps to the frolic, then fine. But CD is right where people reply with something as insightful as a smilie or a single word answer.

I’ve bought a few reports. Good information. I use it more to verify my research. Remember that the info is historical – but it is usually the best you will get en masse.