SeeChange replied to the topic Investing in Thai property in the forum Help Needed! 19 years, 5 months ago
Originally posted by Sledge:
Hi all from a newbie.Just wanted to get your opinion on investing in Thailand.
I have heard a few good things and I am particularly interested in this company.
They say they promise an 8% return GUARANTEED.
You buy a villa or appartment in their complex and you use it for 30 days per year for…[Read more]
SeeChange replied to the topic Property Investing MAD in the forum Help Needed! 19 years, 5 months ago
Originally posted by foundation:
Phew… I give up.Have a beer foundation.[chill]
I don’t think foundation is saying that the property is overvalued in terms of it’s value in realation to the property market at the current stage.
He is saying ( I think ) that the whole property market is overvalued at the moment in relation to various…[Read more]
SeeChange replied to the topic Analysts tip ongoing property decline in the forum General Property 19 years, 5 months ago
Originally posted by foundation:
Originally posted by SeeChange:
We have had a longer boom time this time, but , the flat down period before this boom was longer than normal , so one could argue that the long boom was a result of the long flat period before hand.
Of course it was actually a very short period in terms of inflation growth…
Between…[Read more]SeeChange replied to the topic Analysts tip ongoing property decline in the forum General Property 19 years, 5 months ago
Originally posted by dmichie:
If you look at previous housing cycles in Australia a boom is followed by an extended period (5 years or longer) of flat or slowly declining prices. This is what happened after the housing booms in the early 80s and late 80s, and there is no reason to think that things will be different this time. Indeed, the “flat…[Read more]SeeChange replied to the topic +CF – What finance terms is this usually based on? in the forum General Property 19 years, 5 months ago
Personally I’d only consider it genuinely Cash flow positive if it’s 100 % finance , including all additional cost , stamp duty , solicitors fees etc.
Though I’m sure many people will have a different opinion. [biggrin]
See Change
SeeChange replied to the topic WORLD DEPRESSION 2006 – 2008 in the forum General Property 19 years, 5 months ago
Actually the first book I read which was about financial matters was The Great Depression onf 1990 . I’m glad I didn’t do what was suggested at that stage. Maybe he should put out a second edition …..[blush2]
http://econwpa.wustl.edu/eprints/get/papers/0502/0502021.abs
See Change
SeeChange replied to the topic WORLD DEPRESSION 2006 – 2008 in the forum General Property 19 years, 5 months ago
Originally posted by loanwolf:
Well I hate to admit to being a simpleton, haha, but if I hadn’t read RK I wouldn’t have made 2 purchases and 2 sales of property. Hence I wouldn’t have discovered this site.Dazzling, I think you’re spot on, man. Due diligence is require for each individual IP. I think keeping basics in mind ie close to services,…[Read more]
SeeChange replied to the topic WORLD DEPRESSION 2006 – 2008 in the forum General Property 19 years, 5 months ago
Originally posted by Postman:
he is acknowleged as a ‘worlds best author’ (or words to that effect)???I have heard of him being called a best seller, that only means that he sells a lot of books.
What do you have to do to sell lots of books? Tell people what they want to hear.
Rich dad poor dad, was my introduction to the world of investing,…[Read more]
SeeChange replied to the topic $1 deposit!!! in the forum Help Needed! 19 years, 5 months ago
Originally posted by Terryw:
Yes its true! You could also use your left shoe instead.Terryw
Discover Home Loans
North Sydney
Terry@discoverhomeloans.com.auFinally , a reason to work out how to edit typo’s….. [blush2]
See ChangeSeeChange replied to the topic $1 deposit!!! in the forum Help Needed! 19 years, 5 months ago
You can put down whatever deposit the Vendor is prepared to accept.
The agents usually like a deposit that will cover their fees….
See Change
SeeChange replied to the topic Recent development success in the forum Value Adding 19 years, 5 months ago
Originally posted by markpatrick:
There is a good site http://www.investinginland.com which points this out as the way to go from a long time developer in the US, among other ideas. Get in and get out with a quick profit.
Thanks for the link. I think this is the first time I’ve found a internet link to a guru that John Treed hasn’t…[Read more]
SeeChange replied to the topic Recent development success in the forum Value Adding 19 years, 5 months ago
We’re doing a dual occ subdivision in Sydney’s North shore, however we did buy in 2001.
So part of the profit has come from a good buy at the time ( about four weeks after 911) . A large part of the profit has come from the fact that we paid no premium for a large block , because the vendor didn’t think it was subdividable.
In fact when I got to…[Read more]
SeeChange replied to the topic Property Market heading downwards? in the forum General Property 19 years, 5 months ago
Originally posted by resiwealth:
IMHO i focus in property what is the flavour of the month. I read sooooooooo many doom and gloom stories, and “the sky is falling” timid no hopers that it makes me sick.
I bought a property in 1994 that every body told me i was an idiot and today i am rubbing it in their faces because of the profit i have…[Read more]
SeeChange replied to the topic Property Market heading downwards? in the forum General Property 19 years, 6 months ago
this is the closest you’ll come to an overall summary
http://www.htw.com.au/pages/info_centre/review/MR%20Jun%202005.pdf
See Change
SeeChange replied to the topic Why bother owning a PPOR ever again? in the forum General Property 19 years, 6 months ago
Back to the original topic
Not sure on the stats re this , but I have heard that most people do a better job picking properties as a PPOR than they do with IP’s , simply because they live in it .
As a result PPOR’s appreciate better than IP’s.
Obviously because everyone around here are brilliant investors and do a really good job on picking…[Read more]
SeeChange replied to the topic using shares as security to reach 80% LVR? in the forum Help Needed! 19 years, 6 months ago
Originally posted by The Mortgage Adviser:
See, I think you mean while this is ‘always’ the case, risk can be minimised by spending a lot of money, hours, days, weeks, months, etc becoming skilled in this area.Hardly a viable solution for someone who inherited shares and no apparent previous experience dealing with them.
The Mortgage…[Read more]
SeeChange replied to the topic using shares as security to reach 80% LVR? in the forum Help Needed! 19 years, 6 months ago
Originally posted by The Mortgage Adviser:
Margin lending is considered a high risk strategy.There is more risk associated with margin lending than there is benefit.
[purple]The Mortgage Adviser
While this may be the case for most people , for people who put the time in to learn about shares , and can show they can consistently make money…[Read more]
SeeChange replied to the topic Property Investing MAD in the forum Help Needed! 19 years, 6 months ago
Pretty intersting looking at the recent ” blowout ” in the ratio , to a level that is double the ratio at other times.
Obviously a lot of that has to do with increased affordability with the low interest rates.
It will be interesting to see what happens if rates go back to more “normal” historical levels.
While the government ( and all the other…[Read more]SeeChange replied to the topic Property Investing MAD in the forum Help Needed! 19 years, 6 months ago
If at first you don’t succeed …
What I said on the now deleted link ( I think ) was that you need to listen to him , just make sure you’re not smoking the stuff that Foundation seems to be smoking at the moment (Care of the Qantas baggage handlers)[buz2][buz2][cigar]
There are lots of way to invest in property and you can read about most of…[Read more]
SeeChange replied to the topic Property Investing MAD in the forum Help Needed! 19 years, 6 months ago
Accidently posted my reply as new thread.
https://www.propertyinvesting.com/forum/topic/17812.html
See Change[cigar][confused2][confused2]
- Load More