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If you listened to the prices they payed like 165k for the unit at Cheveron Island, and look at todays price they would have done quite well!
Time heals all wounds…………..[thumbsupanim]
“Dont be looking in your back yard for a four leaf clover when the opportunity of a lifetime could be knocking on your front door….”
Give it a hit mate, whats the worst that can happen? You get your money back and get a crash course in gyprocking!
If you dont have much experience on the tools then buy some books mate, they can save you a bucket.
“Dont be looking in your back yard for a four leaf clover when the opportunity of a lifetime could be knocking on your front door….”
Are you talking Calgary, Canada? I also understand that council rates are a shitload more expensive in Canada than Australia….
I will be in Montreal and Ottawa in Sept/Oct. I will check things out there then.
Calgary/Edmonton is not that bad, the good aspect you have to consider is the fact that you can buy and sell in a day if you want and dont have to pay capital gains in their province. The dearset fee is the realtor at around 5/6k government crap and charges is around 1k.
The realtor we were working for was buying houses of the desperate for dirt, doing a quick reno and selling within the fortnight!
he started off in Calgary as a butcher, got a real estate lic in 3 months.thats right 3 months and started buying and selling. Trying doing that number in OZ!
“Dont be looking in your back yard for a four leaf clover when the opportunity of a lifetime could be knocking on your front door….”
Its funny[biggrin], I dont see guys like Kerry Packer and Bill Gates giving away their so called trade secrets do you? [blink]
These guru’s are the biggest frauds or the biggest self head inflators ive seen for a while.
What do they have to offer that cant be found on this site for example?
Believe in yourself, as all our days are numbered, so enjoy the journey ladz……….
“Dont be looking in your back yard for a four leaf clover when the opportunity of a lifetime could be knocking on your front door….”
Then please explain your reason for investing in the suburbs?
Look at my situation, I have to borrow a minimum of 300k for a rental return after fees and so on of 230 per week. Is there method in that madness?
Do i have to put my hand in the back pocket for the next decade waiting for the seven year itch?
The rent returns in the suburbs just aren’t there anymore. Look at Calgary, we spent a good six months over there renovating basements with my brother in-law, they were buying a brand new house for 160k spending another 20k converting the basement for habitation and scoring 1600-1700 per month rental return on their 180k outlay!
Numbers dont lie, and Sydney is, just a lie.
GG
“Dont be looking in your back yard for a four leaf clover when the opportunity of a lifetime could be knocking on your front door….”
A pyramid is a system designed soley for the recruitment of others for financial gain without product.
You are right in saying that MLM is a business. They are a business of selling overpriced products. If you were to compare what most of them had on offer with ALDI etc, you would soon realise why. By the time you include several payment levels in their networking system compared to the 20 people working at one of ALDI’s stores you would not have to be Albert to work out who had the more ethical business. There ar eno dreams sold at Aldi’s either.
MLM dont sell products, they are in the business of selling wish’s and dreams.
Procrastination is the asassination of motivation and goals realization……….bla bla bla out of all these so called “businesses” how many are listed on Asx?
Dont be looking in your back yard for a four leaf clover when the opportunity of a lifetime could be knocking on your front door….
BTW, I forgot to mention that the mlm that i was involved with also included the likes of Steve Waugh!
So even the best of the best still manage to fall victom to these ruthless conmen………….
I have seen them all from the top to bottom and have even been on Tv trying to get one MLM company shut down in NSW.
If you want to hear the thought of ex mlm vets then simply go to http://www.mlmsurvivor.com for all the answers.
The Doom and Gloom of it all……………………
Home > National News > Article
Home sellers count high cost of greed
By Daniel Dasey
March 28, 2004
The Sun-HeraldPrint this article
Email to a friendHome sellers who turned down hefty auction bids for their properties last year in the hope of snaring a higher price have been stung for tens of thousands of dollars by the slowing property market.
Research shows sellers who were unsuccessful in auctioning their homes last year are being forced to accept up to 25 per cent less than the highest bid made for their properties before they were passed in.
Analysts expect the weaker market, which is allowing buyers in some areas to take their pick of heavily discounted homes, to continue for up to two years.
“There’s no doubt the instances of this occurring have increased,” said Louis Christopher of housing market research company Australian Property Monitors.
“Demand for housing has dramatically fallen away in 2004. Sellers are left with a hot potato,” he said.
The trend towards lower prices this year is also affecting private treaty sales.
The Sun-Herald asked Australian Property Monitors to examine a cross- section of homes that were passed in at auction last year and later sold for less than the highest bid.
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Vendors in suburbs ranging from Woollahra to Merrylands lost tens of thousands and even hundreds of thousands of dollars by holding out for more money, only to have the market slip away from them as interest rates crept up. The research shows a Bronte home that attracted a top bid of $1.65 million in August was sold last month for $1.255 million – a reduction of $395,000.
An Ashfield house for which the owners refused a $701,000 bid in November was sold this month for $630,000.
In Cabramatta, a home that was passed in for $470,000 in December has just been sold for $429,000.
The story is the same for private treaty sales. At Castle Hill, a home advertised for $679,000 in October sold in January for $630,000.
Another Castle Hill house was advertised in October for $919,000 before selling for $800,000, after being passed in at auction.
At Pennant Hills, a home advertised for $780,000 in November was discounted to $750,000 in December and to $719,000 in February. It is now being advertised for $699,000.
Mr Christopher said he believed prices across Sydney were on average 8 to 10 per cent lower than last year and some vendors had been caught by the weaker market.
“I have no doubt there are many sellers who weren’t prepared to take the bid at the time thinking it was too low and are probably now wishing they had done so,” he said.
“The bottom line is the market is weaker now than the end of last year.”
Ray White Real Estate director Sam White said while some areas had made gains, he estimated prices overall in Sydney had slipped between 5 and 10 per cent. “We’re finding it more difficult to sell properties now than six months ago,” he said.
Mr White said he believed the real estate climate had returned to normal.
“For the first time in four or five years, vendors and buyers are pretty much in equal numbers [and] you need to work hard to get a sale.”
He said he expected to see more robust conditions by 2006.
Macquarie Bank head of property research Rod Cornish said he expected more volatility in the housing market in the coming months.
“I don’t think there’s going to be a massive, across-the-board house price slump, but certainly it’s a softer market than it was,” he said.
