Yep! Anythings possible isnt it.Well done.
Russ.[biggrin]

My wife says the diamond was attached to a homing pidgeon in the phone box which flew away without the police being able to track it.??????

Congrats.Mini.
Its amazing what can happen when that light goes on eh.Just wish it would turn off at night so I can get some sleep.LOL.
You,ll have Geo posting his brain out trying to catch up with your 1000th post.
Russ.

Well guys time for an update.I put an offer to our friends for the property and definately kept it within reason.I certainly wasnt embarrassed about the offer and I didnt get any sour looks.So for now things look good.They will now relay the offer to the rest of the family I guess for consideration.I felt good ,they looked happy,so fingers crossed…[Read more]

I,m not sure I get the gist of this post.
If you were to pay yourself for work on your own property it would be a wage.Which would attract a tax.So why bother when you are taxed at the end when you sell.?You are not going to pay a different rate.
Russ.

Sorry Celivia dont know much about titles.I was really thinking aloud with this one.Assuming it wasnt to expensive or difficult I thought it would be an interesting excercise.
Thinking out loud,if pisces or anyone for that matter can afford to play with high figures like this then surely there would be more profit in some sort of development for…[Read more]

Marc,
I really like that
It certainly gives us something to think about.
A caring hand can cause much grief.
Russ.

Kay,
I am not being specific when I say people knock you.And I know that everyone here is out to make themselves a success in one way or another.I,m talking in general.And I hope that young people read my posts and glean something from them.There are a lot of people who read this forum but dont post their opinions.They are a big audience and…[Read more]

Pisces,
Forgive my ignorance but I cant see why you would put so much on the line to make such a small profit.A very small profit.A lot of stress for a very small profit.
Wouldnt you be better looking at other ideas that would be a little more lucrative.
For example; buy a set of units that are non strata for say $540 000.7 units.Each unit self…[Read more]

I like to explore all avenues when it comes to investing.The more avenues I explore the more I learn.And the wiser I get.I am still new to this game and I will keep exploring all the different possibilities in the hope of finding the ones that suit me best.
It has taken me forty years to find something that I can be really passionate about.Yep…[Read more]

Trust.
This is the biggest obstacle to overcome when you deal with a stranger.How do you earn peoples trust? Until such time as a deal has been accomplished and everyone receives their share then no one knows if they can trust someone.You have to be able to prove your worth.This is where we get the catch 22.If no one trusts to do first deal then…[Read more]

Duplex pair $60 000 returning $200p/w = 17.3%gr.
Duplex pair $90 000 returning $200p/w = 11.5%gr.
House $20 000 returning $70p/w = 18.2%gr.
House $49500 returning $110p/w =11.5%gr
House $32500 returning $160p/w =25.6%gr
I just bought the last one.
I could keep going if you like.
Russ.

Waz11,
In my opinion you are on the right track.I,m no expert but I look at it this way.The less you put down on a property the more return you get on your initial outlay.The less you put down on each proerty the more you can purchase with your cash/equity.Once you get started it will all fall into place.I only invest in +cf property and I look…[Read more]

Its lucky you only have a small family LOL.You better fast on Saturday so you have plenty of room for this years big cook up.[biggrin]

When the man got his instructions he left with the diamond and deposited it somewhere else as per the instructions.The kidnapper knew the police would be watching.So he told the rich man to take the diamond elsewhere and not tell the police.

A low doc loan means low documentation.They charge a higher rate of interest because the risk of giving you a loan without knowing your income is a lot higher.It has nothing to do with being an investor or investment type loan.
One would be foolish getting a loan without knowing if they have the ability to service it in the worse case scenario.

Celivia.
How can you say that offering a low price on a house should be illegal.Everyone has their figure.
I know what I want for my house and if someone offers me less I wont be mad or think that he is unethical.You dont know what someones price is so you always go in low and meet somewhere suitable to both parties.If you want to talk about…[Read more]

My favourite saying is,
“The journey of a thousand miles starts with a single step”.
Quite often on my journey through life I have looked at a job or task and been scared off by the sheer enormity of it.When looking at the whole picture things can sometimes seem a bit daunting.However when I came across this saying it had a profound a effect on…[Read more]

Thanks for the replies.The reason I posted this question is because I do have friends who have property for sale and it got me to thinking it might make a good post on the forum.The property happens to be in a town that I am interested in investing in.Thats how I found out about it.I was talking about this particular town with my friend and he…[Read more]

When it comes to salary mine is minimal.Less than 10k a year.But I am still able to pull a few deals here and there.When something is good the bank will talk.When the bank runs dry then turn elsewhere.If the deal is good others will want in.
To all the sceptics I say keep your money.To those of you who have faith I say lets talk and see how we can…[Read more]