also, never buy off the plan if you cant afford to buy it in two years time.
i understand you are going to try and flip the property, nothing wrong with that. however if you cant onsell it you must be able to buy it. i've seen more than one person get caught like this!

enjoy

i've owned a few units with body corp. and i'm here to tell you they are all pretty much the same.
occasionally you get a good manager, however these people normally move on to greener pastures.
the only thing you can do is keep on them. i'm currently having problems with my BC manager, however since i took control of the issue (putting in lock up garages) things are going well. i just found, the more work i do for them, the more gets done. i know they are meant to do it. but unfortunetly they dont.
remain friendly and help them every chance you get. this at least keeps you in the loop and you can direct and organise quotes etc on their behalf.
cheers

read chapter 52, thats me!

[biggrin]

cheers
shaun

Lead, Follow or get out of the bloody way

hi all,
we already have a investor group organised.
its call Canberra Region Investor Network (CRIN)
drop me an email with your email address and i will add you to the monthly news letter.
we have this month drinks with ed nixon a mortgage broker who will talk about what he’s seeing at the moment.
anyone is welcome to attend its on the 26th of november at the burns club kambah.
i will fill you in with more details once you have contacted me.

cheers
shaun
Secretary CRIN

Lead, Follow or get out of the bloody way

this is one i got this morning

cheers
shaun

We are small new firm engaged in export of goods to overseas
outside my country .We have won various small exports contract at one
time or the other, recently we were (engaged) contracted to supply
financial programs for market analyzing, management project software
in Europe, Australia and USA which was successfully done.

Unfortunately we have faced some difficulties while receiving payment
for our software in our country as need 10-30 days to get a payment
from your country. We do not have so much time to accept wire transfers
and can’t accept cashiers checks and money orders as well.
So we need your help to accept this payments in your country faster.

If you are looking to make additional profit we will accept you as our representative in your country. You will keep 8% of each deal we conduct. We plan to forward our merchandise in exchange of wire transfers and check payments. Your part is very important accept funds and forward it to us. It is not a full time work but a very convenient and fast additional income. Being our agent may grow into future branch opening in your area if you are interested and the business will be on up and up.

We therefore solicit your assistance to help remit this money ,To facilitate this transaction if you deem you would be able to undertake this task for the company,

would want you to submit to us via mail to [email protected] the following information which includes

1 Your Full Name as it would appear on your resume
2 Your Qualification
3 Your Contact Address
4 Telephone number/Fax
5 Your present Occupation and Position presently held

Please respond ASAP and you will get additional details on how you can become our representative. Joining us and starting business today will cost you nothing, just some extra income for you.

Sincerely,
Sydney Medina
Director of INFOSOFT Marketing Dept.

Lead, Follow or get out of the bloody way

thanks for the news letter steve, it confirmed my way of thinking.
how it happened for me was at one of your seminars you said something like, you’re either in the market in which case make a decision based on today or you’re out of the market, or your sitting on the fence. that was a real aha moment for me. i made my decision and stuck to it. i must admit for a while there i was certainly in some doubt but now i’m sure that the decision i made earlier this year is the right one. [blush2]
i look forward to getting even further cashed up and waiting for events to unfold.
cheers
shaun

Lead, Follow or get out of the bloody way

being in the navy for 15 years i can safely tell you what to do.

yes as a defence member we are told to get a “defence clause” written into the contract, just in case we have to move out of the area at short notice. it doesnt happen much these days but it use to happen to me all the time.
the defence DOES NOT PAY 100% of the rent, they pay about 50%
ie for every one weeks rent the member pays the defence pays the next, up to a maximum.
the maximum varies depending on the member.
ie married with 4 kids will get a higher rent ceiling than a single member.
the single member cant go out and rent a 4 beddy house, Defence will only pay him for a 2 beddy unit (for example).
the way i used to get around it was live in a 2 beddy unit, but in a yuppie suburb, thereby getting the most for my money.
if the member is serving on a warship. this is great.
what happens is after 21 days out of sydney or rockingham.
the sailor doesnt pay the rent, defence foots the bill for the entire 100% until the member returns.
usually when at sea we would organise a direct debit, actually as soon as i got a place i would direct debit.
hope this is some help.
cheers
shaun

Lead, Follow or get out of the bloody way

i sold off my Ip in darwin about a year ago now.
however this mob were really good, kept me in the loop at all times
hope it helps

http://www.alliedaust.com.au/

cheers
shaun

Lead, Follow or get out of the bloody way

another one is having a phone booth at the front of your house.
the low income earners used to hang around it, all night.
we went off to telstra and had it removed.
almost immediatly the vandalism in the street stopped

cheers all

shaun

Lead, Follow or get out of the bloody way

thanks for all your stories, at the time i was so angry! [evil4]
but theres something to be said about sitting down and writting what happened and why. then i just red penned the emotional stuff and was left with a working copy of what i need to do next.
thank god i never sold my apartment! that and having plenty of equity left (thanks Ed!). add onto that, that the defence force owes me an 80k loan that is 40% subsidised for 25 years.
(who said going to war wasnt profitable [exhappy] )
the navra fund is looking good for me at the moment, and with some cash behind me i think that is the way to go for me.
been off to quite a few job interviews over the last couple of months, and am waiting on a phone call today actually for a 57k a year job (i currently earn 46k).
its a job i really really want, so fingers crossed.
thanks all, i hope the rest of you make a million this year

cheers
shaun

Lead, Follow or get out of the bloody way