Its very very sad.The only numbers you should be thinking about are those on the bottom line.
If you aint got a profit then you aint doin it right.
Russ

If you are going rural you want a good +cf cause capital gains are very slim.
Russ

If you do the sums anythings possible.Or you could just look harder in Oz.
Russ.

Hi guys its me again.
Did the deal today.
4 brm home $32500
Rented at $160p/w
No money down.
Ah I love this game.
Russ[biggrin][biggrin][biggrin]

I could suggest a book for $30.
Russ

I looked at a site yesterday and was astonished at the fees.One of the finders fees was $8995.
What gets me is people are paying these fees because these businesses are alive and thriving.
I think some investors have more money than brains.
Russ.

0-130 in 3.5 years Steve McKnight

The first read in many years.Read a few motivational books when I was in my twenties but never actually learnt to do any thing with it.
Then when I read 0-130 it was like the missing link.
Now I am able to put my knowledge of motivation techniques into practice with Steves theories.
Rated 8/10

Next book was…[Read more]

Are you refering to amount of rent to make a property +cf.

I enjoy posting about statistics and populations just to get you going Kay Henry.This forum is a lot of fun and very educational.I think that you need a different point of view here and there so that newbies can see that there is no one specific way that things are done.Got to get their minds working and get them to look at things from different…[Read more]

Dont know about therapy.I hate the job myself.Ceilings are the worst.Especially the cleaning.My wife hates that bit hahaha.Still someone has to do it.
I think the hardest bit is picking the colours though.Cause if you dont get that bit right then you gotta do the whole damn job again.
Funny thing is.Soon as you sell they repaint.Seems you chose…[Read more]

Huge fees to hook into the services.Fees are not charged when there is only one residence but when you start talking multi they start asking multi $$$$.

Our last house was 200m2 and cost over $750 just for the paint.We did all the work ourselves.That was 5 years ago.
Russ

Hahahahahahaha yeah good one Geo.[biggrin][biggrin][biggrin]

No it wasn,t Yack.
Maybe I should give her a call.
She seems more motivated than the rest of them.
Russ

Land is not an asset but a liability.If something costs you money and has no return then it isa liability.
Sell the land and invest the nmoney on a +cf property.
An asset is something that makes you money.i.e a cash flow + property.
Russ

My biggest problem is trying to deal with agents there.They either had too big a night and couldnt be bothered getting back to me or the one I heard yesterday was ‘She has 6 kids and it is the school holidays you know’.
My faith in agents dwindles with each day.
Russ

How,s this for size.I looked at a 4brm house yesterday in a one horse town miles from anywhere.
Population dont know but there was a tavern and about 6 houses.This house has been on the market for a while.More than a few years actually.
When I heard about it I did some research and came up with some very interesting data.
House is leased to…[Read more]

Every situation has its ups and downs.I like to look outside the square.Go where no man (investor) has gone before.Like Steve says.”Success comes from doing things differently”
Most people say look at statistics look at this and that.Look at population.Well I have to disagree.I say look everywhere.Because there are some little gems out there just…[Read more]

What makes you think you will get it any cheaper?
Depends on the rellies who stand to gain from the deal.They may be greedy and try for a high price seeing as it will have to be split so many ways.
Then again they may let it go cheap if they have know idea on property values in area.
Or maybe they want the money real fast so will sell cheap.Could…[Read more]

Easiest way is to look at your last offer and acceptance when you bought the house.It will have all the details on it.Lot number title number etc.
Then ask your settlement agent who you went with last time when you bought thye house if they would like to represent you again.They will forward forms to you.You fill these out with relevant details as…[Read more]