Originally posted by techa:
A favorite topic of mine.

Ok.
Margin is possible on stocks allowed by the Margin lender (I use BT–Bankers Trust)Oh by the way forward paid interest is as low as 6.5%and defered is 7.45%.

Now as part of the allowable stocks to trade there are a number of Property trusts–some out performing others.
I think Property…[Read more]

Why couldnt the family register an $80000 caviet
on the mortgage for security.

You get better return and cash flow.
Increased equity and proof of cashflow = more properties.

Just a thought.

Humans are the DUMBEST of creatures.
They do the same thing day in day out and expect a DIFFERENT result.

Oh please!!

Sickening!

Those serious about charity NEVER talk about it.

Those who do(Talk about it) tend to need their ego’s massaged.

The worlds full of ‘would be’s’

tech

Humans are the DUMBEST of creatures.
They do the same thing day in day out and expect a DIFFERENT result.

Yeh I know its a topic that can be discussed infinitum.

But there are a couple of issues that I feel people over look.

Lets face it we make good money in Property because we use other peoples money for leverage.

We may put 50K down as deposit lending insto gives us a further 200K and we are in.

Prices boom and we make 30% in a couple of years…[Read more]

Ok so theortically (and I guess practically)he sold his option for 550K and the Bowling club got their 800K.

The buyer paid for Richards iption to be able to buy the land after Richard gained approval for 55 Units.

So Richard you on sold the option (approved).

Have I got it now?

As I said Ive done this with land and off plan apartments but…[Read more]

kp

Would be happy to help.

Our site deployment maybe a little steep from Adelaide!!

tech

Humans are the DUMBEST of creatures.
They do the same thing day in day out and expect a DIFFERENT result.

Richard.

yes I understand.

but back to the question.
Your original investment for the option was $1000.

You sold it then for $1.350 mill.
Making 1.349 mill from the original investment?

Can you just clarify the numbers.
What you got
What the Bowling clud got.

In the $1.35 mill option deal.

tech

Humans are the DUMBEST of creatures.
They do…[Read more]

Love sloping blocks.

My Company–Retaining Wall Industries(Civil)Pty Ltd—Constructs walls for both commercial and domestic developements.

Bugga the flat land you all go and buy sloping blocks

.Give us a call and we will ad $1000s of value.

tech

Humans are the DUMBEST of creatures.
They do the same thing day in day out and expect a DIFFERENT result.

Or roll over on your option.

Humans are the DUMBEST of creatures.
They do the same thing day in day out and expect a DIFFERENT result.

Richard.

Just trying to get my head around this.

Option on Bowling club,$1000
You on sold it(the option)for $1.35 mill.
The owner of the option continued to on sell.
What did the bowling club end up with?

As it appears that the option to buy was sold not the underlying property.

(Ive done the same with fast moving land parcels.Downside is that…[Read more]

Ever considered wrapping Commercial Property/developement.

Domestics had its run.
Commercial has more upside IMHO

tech

Humans are the DUMBEST of creatures.
They do the same thing day in day out and expect a DIFFERENT result.

While there is nothing wrong with a splurge now and then,one should ponder on timing.

While also you may have just completed a profitable transaction or a wise investment move has payed off it appears unlikely.

Had your 16k been placed in a growth stock or part of a property deal it may well have been 32K in 12 mths.
300K in 5 yrs—-who…[Read more]

Ablaz has got it.

Once youve made your first Million there is no way youll have it sitting in a corner smiling back at you.

Youll have learnt how to put it to work.

I read here constantly of generating passive income and this IS how youll be able to survive and ENJOY life.

You can do/have BOTH you know.

There are 3 ways I know of for…[Read more]

Got my vote.

CTX (Caltex) one in my portfolio up 200% in the time Ive had it.

Youd take that if it were property growth.

Pity I didnt have the value of a house on it!
There in lies a big difference!

tech

Humans are the DUMBEST of creatures.
They do the same thing day in day out and expect a DIFFERENT result.

Acey.

Interesting comment.

I maybe wrong but Ill bet chances are thay are (although by name,advisors) still the same “Salesmen”.

If however you old us that they are now owning X properies and they had “Followed the Money’
Id certaintly agree.

All I can see is an alteration in percieved posture within an industry!

Doing the same thing placing…[Read more]

Yes with open positions.
Keep me posted through email if you like.

Humans are the DUMBEST of creatures.
They do the same thing day in day out and expect a DIFFERENT result.

SIS.
Thanks for your trading statement.
Suffice to say that the quantity traded $ wise is far less than I expected.
Plus you postings havent been balanced with the losses you incure.

I note your net negative.

Anyway a great effort to email me your statements.
Your enthusiasm deserves reward and Im sure youll be challenging Donald Trump b4…[Read more]

SIS.

Could you be kind enough to send me a copy of that LLC contract with 13 plus contracts bought 13/10 and now up over 100% thats $50K in a few days.Also the NCP contracts which you still have I presume thats 60 of them They would be down around $30K at this time possibly more.

I just dont want to be hoodwinked by a braggard,Im sure you…[Read more]

Think what Steve ,myself and others are saying is.

Simply if your highly geared decrease your exposure while you can.

No need to then guess or postulate on what “COULD” occur,it wont matter!!

There will even be other opportunities for those who were astute enough to place themselves in a position to take advantage of them when they occur!

You…[Read more]

If your heavily geared.

Stick this on your fridge!!

It would be wise to think about your current position and take action as needed to manage the risk while there is still time.

NOW DO SOMETHING.

Humans are the DUMBEST of creatures.
They do the same thing day in day out and expect a DIFFERENT result.