Catinthehat wrote:

So yes you can absorb the negative affects of global economics but how much can you take and for how long? My guess is that you’re going to see more obvious signs of that impact over the next 18 months – 2 yrs

“Sell me this pen”..

Ummm, well, its a nice pen. Ahhh, Ahhh, you can use the pen to write down thoughts from your life..

“Sell me this pen”

Well, this pen works.. And I personally love this pen…

I have to say your argument is losing traction. Those high level investors that are sitting on the sidelines, and supposedly have been since your argument first started, must have too much money – literally no need to make a play. Half a decade of non-investment in property, in the hope of being right doesn’t seem too smart to me.

What I have learnt from all your communication is the inherent risk at play. To be aware, to evaluate every step, to plan for the future and have a Plan B if everything was to crumble. And I thank you for that. It certainly wouldn’t have come from the others who have their fingers deep in the pie.

I am Gen Y. I have sat on the sidelines for many years – paying down someone else’s mortgage. Knowing zip about ‘positive gearing’ or even how to use a rip saw. If I hadn’t made the play when I did the ‘big loss’ would have been due to the ‘missing knowledge’. All the acquired skill set learnt due to everything surrounding property investment/economics/renovation. People learn from doing. I think thats what you miss in all this. You take those skills for granted Cat.

And if everything was to fall – I may have developed some knowledge to find a way out.

Catinthehat wrote:

From time to time I challenge them to point to a time I ever gave them bad advice. If they can I’ll stop giving it. They haven’t succeeded so far and even though they often ask for advice they seldom take it and prefer to do it their way. Oh to be young, ten foot tall and bullet proof again.

Gotta be a fair bit of competition for drinkers out Thailand way? Sometimes its easier to take advice from someone who is not right all of the time! No offence to your parenting skills Cat :) I’m betting they’re a chip off the old block and just as stubborn and opinionated.

And as super said before. Your failures make you stronger. As long as theres something left in the ashes to resurrect yourself!

Haha no offence taken! Thanks for the objective debate. Interesting comments about what makes a successful investor. What path are you taking then super?

You’d think Nathan should have a few dollars behind him to pay people to sort the ‘business’ side out? And he must know a little about leveraging by now…

Although as you’ve stated previously Freck, having access to experience doesn’t necessarily translate into a good product.

True, everyone learns differently. I guess you’ve got to find a happy medium to target everyone’s needs. Personally, I would have liked to know how much stuff cost etc.

Interesting vid Engelo. I tend to agree with some of the feedback but certainly not all.

Catinthehat wrote:

For Gods sake find a videographer who can teach you some basic video compilation skills because the ones you make suck! I absolutely hate the slit type view. They invented panorama for a reason!! Everything I and others view on these days is 16:9.

For $500 Australian get yourself a gopro and shoot in 1080P or 4K (will be slow but well worth it as video processing technology catches up). They would have to be a hell of a lot cheaper in the US??

Catinthehat wrote:

The other thing that sucks, and I think you caught it off your mate Nathan, is your always in the middle of the shot. Your not the subject so get out of there. Shot your focal points and then clip them together and voice it over(You get better sound wink wink). If you want your mug in the thing do an intro or summary.

I completely disagree. Do you honestly think people want to stare at white walls?? What makes property investing so interesting is the human component. Real people making real money. Nathan gets so many ‘likes’ because people find him engaging. Without him on the screen the true value would be lost – and no-one would bother watching. I can imagine how my students would react if I stood at the back of the classroom, while they looked forward, and I clicked away at a Powerpoint and spoke. Poor teaching. Learning occurs through connection. Engelo, I think you’ve done a great job at achieving that in the vid.

Redwood wrote:

My only constructive feedback is button up the shirt bro!

How long have you been in the states? It seems to be rubbing off a little!

Depends where you buy. We considered buying in our own names initially to take advantage of First Home Buyers incentives. Not much of them around these days though unless you want to buy new.

There’s nothing like both signing the docs on your first loan together though.

There is certain areas of Buderim stock I wouldn’t touch with a ten foot barge pole. Especially refurbished and new apartments that have been build ‘on top’. My pick are the detached houses, with value gain through reno’s. Houses are still way off their peak and people are still dazed from the declines post GFC.

Good to hear you got in early – if you choose right you should be set for some steady increases in the proceeding years. For anyone interested I would target the Mountain Creek School Zone area of Buderim. Prices are some 20k higher than surrounding suburbs. Its easily the best independent public school on the coast, offering the International Baccalaureate program. Close to the uni, Maroochydore CBD/Plaza, 5km from the beach, well serviced by transport (by Sunshine Coast standards) and amenities. There has been a wave of families move to the area. Vacancy rates are close to 0% and rents are moving up fast.

I think you make a good point about the Chinese. Its certainly not on their radar atm. The Sunshine Coast has certainly been lost in the doldrums for many years and doesn’t have the glitz and glamour of the GC. Tourism is on the rebound but you only have to go the Mooloolababa strip after 8pm to realise its yet to recover.

Were you up at Peregian in 2012? Foreclosures galore! Not my tea but a great spot.

• This reply was modified 10 years, 5 months ago by  sciencesurf.

I can highly recommend Sophie Lever at Lever Law, Twin Waters (Sunshine Coast). Cost is about $1490 for conveyancing of an investment property. Professional, friendly, fast and reliable.

While I’m here, can anyone recommend a good property accountant? I feel the team is being let down a little in this department at present!

Good to hear you taking a trip up to this beautiful part of the world Ivan. You would never know it’s winter up here. Water is still a balmy 23 degrees.