Still in School replied to the topic “domino theory” in the forum General Property 20 years, 8 months ago
Hi Guys,
“When you have a line of dominos and the first falls over, it pushes the next one over, which pushes the next one and so on. If the dominos are arranged in a pattern, the entire pattern gets pushed over. It looks really cool.
this is sorta on the same line, but think linear…
… though what was describe is, is a way to predict a…[Read more]
Still in School replied to the topic net worth growth in past 12 months in the forum General Property 20 years, 8 months ago
… but i did need my mother to go guarantor against the extra funds needed in which i couldnt produce enough deposit.
…then soon after that, the rest was really history, worked 2 jobs fulltime for 6 months, and just waited for the market and equity to go up, before slowly cutting back my working hours…
and kinda went really serious from…[Read more]
Still in School replied to the topic net worth growth in past 12 months in the forum General Property 20 years, 8 months ago
Hi Kay,
sis, would you mind responding to my questions i asked before- that’s about how you got finance etc. Because it is VERY hard for a part-time young person to be able to get such loans withough a guarantor.
before i first started property investing, i had been working since 13 and had an excellent record with the bank for savings and…[Read more]
Still in School replied to the topic net worth growth in past 12 months in the forum General Property 20 years, 8 months ago
Hi Richmond,
thats fine with your view, and do understand for many on here to be sceptical, but honestly, if i said… i can tell you right now at least 12 different ways off the top of my head to buy property with no money down…
… would you guys believe me?
honestly there are so many things that arent talked on here about no money down…[Read more]
Still in School replied to the topic Margaret Lomas in the forum Heads Up! 20 years, 8 months ago
Hi Guys,
did catch up with Margaret Lomas today, at the expo, if you did go to the last expo last year, pretty much everything was said the same, did talk to each other for a few good mins, before she went back on stage…
… but her views on -ve gearing have also change, not in a bad way, but techniques in making a -ve gear property into a +ve…[Read more]
Still in School replied to the topic net worth growth in past 12 months in the forum General Property 20 years, 8 months ago
Hi Guys,
back from expo, expo was really good, lots of free information packs like videos and dvds and some property expo stands were giving out free books, and chocolate lollies and all…
….actually i really want to go there again tomorrow… though dont think i will be able to…. grrr….
but truthfully their are few other strategies on…[Read more]
Still in School replied to the topic Sydney Property Expo- invitation to Forum members! in the forum General Property 20 years, 8 months ago
Hey Guys,
im off, to PropertyGurus place, so will be at the expo, around 10.30ish… but if anyone is heading in…
alright i look like, well ill have an orange, brown and white striped vertical shirt and blue faded jeans, and normal sneakers, i should be easy to point out, probably the only young person there and most people at the show do…[Read more]
Still in School replied to the topic net worth growth in past 12 months in the forum General Property 20 years, 8 months ago
Hi Guys,
thanks for your kind words, but i dont see myself successful, just still a plain working student thats all,
lol, but Chan is right, im always talking about investing or property if thats what the converstation is about, but anyone here can talk to me about property all day long and no… lol i wont get bored…
…. but if anyone is…[Read more]
Still in School replied to the topic Sydney Property Expo- invitation to Forum members! in the forum General Property 20 years, 8 months ago
c’mon guys,
change your mind, all come friday… tomorrow… guru and me will be there and will be running a muck…. [baaa]
Cheers,
sisStill in School replied to the topic Article “Australian economy dangerously overheated in the forum No Subject 20 years, 8 months ago
Hi Guys,
im not to concerned about what the media or some so called gurus, who have only been in the market for a short time, but theory is one thing, but reality is a whole different thing…
how many times have we heard “when a boom occurs a bust follows afterwards” thats in theory, but in reality this is the opposite in the properyt…[Read more]
Still in School replied to the topic Sydney Property Expo- invitation to Forum members! in the forum General Property 20 years, 8 months ago
Hey Kay,
have changed my plans, most likely will be going to the Property Expo tomorrow, with Property Guru, but after that will be heading off from there,
….so i guess if you can make it or if anyone else will be there tomorrow…. would anyone else be interest in meeting up…
Cheers,
sisStill in School replied to the topic Finding CF+ve properties is proving difficult in the forum General Property 20 years, 8 months ago
Hi Richmond,
thats correct, through offset gearing and domino effect…
but…
there are some other things too, that i dont mention, but they do increase your repayment power, borrowing power and many other things…
though an example is,
the big guy gurus out there, like dolf de roos and margaret lomas, they will write very detailed books,…[Read more]
Still in School replied to the topic The Time Has Come in the forum General Property 20 years, 8 months ago
havent really felt the market slow down, actually i see it still booming…
Cheers,
sisStill in School replied to the topic Just A Thought! in the forum General Property 20 years, 8 months ago
Originally posted by **PropertyGuRu**:
I don’t have much to lose but as bear1964 signature talking about JV. go for JV no need to wait for months for savings.agree…
… why save, when someone else can do all the leg work…
Cheers,
sisPeople 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with…[Read more]Still in School replied to the topic Just A Thought! in the forum General Property 20 years, 8 months ago
Hi Chan,
would use the power of domino effect and with the knowledge that i have, organised partnership and joint ventures, to not only get back in the market, but also provide someone a win win situation.
and at the same time, would get on the backs of the insurance companies and start lodging claims…
Cheers,
sisStill in School replied to the topic WHEN WILL PPTY PRICES RISE AGAIN? in the forum General Property 20 years, 8 months ago
i thought more of a chance 1 or 2 years in or out of 2011, that we would see a bit of crash from baby boomers pulling out, and selling off their properties and shares, affecting not only australia but some other country economies…
Cheers,
sisPeople 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up…[Read more]Still in School replied to the topic Finding CF+ve properties is proving difficult in the forum General Property 20 years, 8 months ago
PS as for the domino effect, is secret dodgy?
Or is it just, that if everyone knows about it, it won’t work for you any more?“domino effect” can work for anyone, but has plenty of risk, it definetly exposes you to a high risk level, if not planned well… but cant say to much more on it… (its a secret)
What’s your LVR on your property…[Read more]
Still in School replied to the topic Finding CF+ve properties is proving difficult in the forum No Subject 20 years, 8 months ago
Hi Mini,
actually i was thinking about, offset gearing would definetly suit you, in your current position, the reason being is that you have an excellent lot of cashflow, but some of that can be used to subsidise a -ve geared property, which could further fund you more finance and quick asset growth… do have a look at it, as your properties can…[Read more]
Still in School replied to the topic Chan$ – Exposed! in the forum Forum Frolic 20 years, 8 months ago
… Who is your Daddy?
and what does he do? …… Arnold Schwarzeneggar
Cheers,
sisStill in School replied to the topic Offset advantages in the forum Finance 20 years, 8 months ago
Hi daaj10242,
$143000 P&I(6.19% over 25 years) = $938.03 monthly repayment.
minusing $7600, sitting in an offset account, your monthly repayments would then equal…
$143000 – $7600 P&I(6.19% over 25 years) = $888.17 monthly repayment.
Would equal a monthly saving of $49.86
Cheers,
sisPeople 4get that by saving just $3 a day & investing it…[Read more]
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