Hi Huey,

im just 2 mins or less from parramatta, i live just by there, oh well theres always a next time. In the mean time a good book i suggest you read, its Rich Kid, Smart Kid – Give your Child A Financial Headstart by Robert T. Kiyosaki. Ive read this book and taken great notes from it. I might not be a parent, but i have a 15 year old…[Read more]

and for another reason, due to Steve’s book, it has definetly made it harder now, but give it time, there are still +ve cp, there just harder to find now.

cheers
s.i.s

Save on a regular basis
“People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”

A good course i suggest you learn is “Risk Management”, many of my friends who i went to college with up in Brisbane, during our studies, we had to do this course, and what i can tell you is, that nearly every single one of my class mates who im good friends with and are also in the age bracket of 19 to 22, we have never been exposed to such a…[Read more]

quote:
SIS,

just wondering, when u do that signing and sending it back, i would assume that you have ur solicitor looked at it beforehand?

Kev

Hi Motivstorm,

to be honest i dont bother getting my solicitor to have a look, its just lucky in my experience that in my young age, i have had the opportunity to be exposed to many contracts and…[Read more]

Hi Redwing,

i cant answer your question directly, but the more property you have the easier it is to obtain equity, though still it can depend on many factors, ask the people, how they did it. They may be happy to answer your question and tell you how they were able to obtain that many properties.

but some people are asset rich, others are…[Read more]

quote:
And do us all a favour, lose the tough guy wannabe attitude will you ?? If you want swear and hurl abuse go to the pub with your mates – it sounds like you could use a beer or three… []

cheers
s.i.s

Save on a regular basis
“People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with…[Read more]

Hi itsamoorey,

no major dramas, mainly what will happen is, a contract will be drawn up and either emailed or faxed to you, from this point you do, your normal quick check over the contract and if satisfied signed and dated, fax it back to your agent, and he will get the vendor to sign it. Doing this will not quite close the deal, but the…[Read more]

Hi Monika,

I much prefer to use a principle interest loan, i rather pay the loan down, but at the same time, be one day able to own the property rather that just have payed interest, though if you are just doing a buy and hold, then quick sell. Then interest only maybe a better choice.

Though a prinicple interest loan, your repayments are much…[Read more]

not only the St George Bank, but i can see many other lenders increasing their rates to in favour before the nexts rate rise by the RBA in February. Not sayin the RBA will but, im betting on they will.

Cheers
s.i.s

Save on a regular basis
“People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up…[Read more]

Hi Namaste,

Email this person (vivarto@bigpond.com.)and tell them, you were talking to me still_in_school, this person knows who i am, and just mention to them is it ok if they can pass on your details to Otto Dargan.

Or if you want are you based in Sydney, we are holding a meeting this Thursday coming and Otto Dargan will be there, if you want…[Read more]

Hi Rubbachook,

those dam water inspectors, i cant even complain about the rain any more….lol… but in this weather are you kidding its too cold to get a tan, im inside and not even outside and im freezing…im about to tell work that im not coming in. I went out early this morning for a quick stroll to the shops to get some milk, instead of…[Read more]

Hi team,

Its funny, how you guys are mentioning alot of units and apartments in specific parts of Brisbane, ive had the great opportunity to see many of them and have a quick tour of them, to be honest, many of the people i know that are snapping up these types of properties are overseas students, whos parents by them the property say that they…[Read more]

Hi itsamoorey,

I have purchased a few properties and never seen them directly, only by pictures and reports, though i wouldnt just be too startled some deals you have to make immediatly, there just so straight forward.

eg. a property goes on the market, owner must sell up, urgent trip to overseas, desceased estate, bankrupcty, even a couples…[Read more]

Thanks guys for the response,

im going to go ahead with “TPG” if you have seen their offer in the money magazine, it is one of the best offers out on the market, though i did come across a few better ones, but trying to understand there pricing methods, i gave up.

thanks for your responses.

cheers
s.i.s

Save on a regular basis
“People forget…[Read more]

quote:
Just because you guys can’t find them on the internet doesn’t mean they don’t exist.

Take note, of what ENJOLady says, very true though.

cheers
s.i.s

Save on a regular basis
“People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”

dam i knew carol was up to no good

lol…

Save on a regular basis
“People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”

Hi Westan,

thats alot of people but nice to know, how accurate is the data that approximatly 1 million people will purchase property, i mean thats 1 in 20 people, im wondering do you know the stats for this year, it be interesting to know if those figures are higher or much the same as the amount of people who have purchased property this…[Read more]

Hi Rolonation,

To each of us and in our own opinions, some of us will vote in different ways to gear property. But from my experience, Positive geared properties have little capital gain or capital growth, as compared to negative geared properties that have been able to appreciate almost over night. Yet the advantage of +ve geared property is…[Read more]

Hi Namaste,

I have met Otto and i can tell you he is great bloke, hes been allowing us to host meetings about property investing at his firm, were he works. If you are interested i will put a link here to some one you can get in contact with, who deals more with Otto than myself.

Cheers
s.i.s

Save on a regular basis
“People forget that by…[Read more]

Hi Huey,

Here is the link

https://www.propertyinvesting.com/forum/topic.asp?whichpage=2&ARCHIVEVIEW=&TOPIC_ID=5350

You will find minutes of the meeting, near the bottom of the post.

cheers
s.i.s

Save on a regular basis
“People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1…[Read more]