Spawned replied to the topic Dolf De Roos 101 Book in the forum Heads Up! 21 years ago
I think that a carport could add some value/return whether you are selling or holding. Country or city. Next to a home and a dog; man’s best friend is his/her car! I’ve got a ground floor flat in Sth Yarra, which is the only one in the block of 30 that has a carking space next to it. So if I can get a car port through body corp I recon it will be…[Read more]
Spawned replied to the topic To sell or not to sell that is the question ….. in the forum General Property 21 years ago
Sounds to me like you’ve got it sorted!
I’m in a similar boat in that I have had great results over recent years and am tempted to ‘cash in’ now. I guess it depends on what you want to get out of your property portfolio. For me I have full time income from my day job and view my PI’s as a super fund which I will use to fund my retirement.
Given…[Read more]
Spawned replied to the topic where are the missing moderators? in the forum Opinionated! 21 years ago
Crikey, $600 a week on bandwith.
I’ll host if for $100.I have hosted a similar forum.
From my experience the biggest cost would be the cost of Steves time and loss of control of his site.Cheers,
Shaun.Spawned replied to the topic WHAT’S YOUR FAVOURITE QUOTE in the forum Opinionated! 21 years ago
“There is no master plan to success in business! Getting started is what really counts… even wisdom doesn’t matter nearly as much as getting started.”
Fred DeLuca, co-founder of Subway.
Cheers,
Shaun.Spawned replied to the topic Rabbit Season… No, Duck Season! in the forum General Property 21 years ago
I agree the best time to buy is in a ‘down market’. But now is not a ‘down market’. It is a peak. There will be another ‘down market’ but it will never be as cheap as the last!
Cheers,
Shaun.Spawned replied to the topic Buying Multiple Properties Quickly in the forum General Property 21 years ago
Adam,
Steve was able to buy so many properties largely because he brought positively geared proverties, many unsing vendor financing “wraps”.Great to hear you are getting into the market but just a couple of things to keep in mind..
Firstly you are getting in to the market at the ‘peak’. So capital gains could be a fair way off. Negative…[Read more]
Spawned replied to the topic losing badly i think in the forum General Property 21 years ago
Everyone has a different situation, but my belief is that if you have good quality property that has proven capital growth and you can afford to hang on it then do so. The best time to sell some IP’s is when you are ready to retire, so you reduce debt and pay less capital gains.
Cheers,
Shaun.