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Viewing 8 posts - 1 through 8 (of 8 total)
  • Profile photo of ubiqueubique
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    @ubique
    Join Date: 2003
    Post Count: 9
    December 14, 2006 - 5:20 am

    Hi Steve
    Have bought book and been flicking through it at the moment but have a question relevant to what we are doing.
    In the book one of your strategies to get +Cf is to subdivide and sell the new block to paydown the front block. ? if you build a new house on the new block why wouldn’t you sell the old house and keep the nice new low maintenance high depreciation new and sell the old? is there an advantage i am missing?
    look forward to your thoughts
    thanks

    Profile photo of ubiqueubique
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    @ubique
    Join Date: 2003
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    October 4, 2005 - 2:26 pm

    HI Vidi
    Thanks for the tickets, My partner and I attended the Melbourne weekend. We enjoyed it immensely and got a lot out of it. We noticed a lot of people signing up for the follow up events so obviously they thought it was worth a more in depth look. We have been to other events and paid hundreds for them. We wouldn’t have been disappointed if we had paid hundreds for this event (well we did as we live in Adelaide, but it was well worth the trip). There was over a 1000 people there and I didn’t see anyone disappointed.
    Thanks

    Profile photo of ubiqueubique
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    @ubique
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    September 27, 2005 - 2:59 am

    We have decided to take the property off the market at the moment, complete the development and then see what happens later.As for the second fire, we went with the first agent as we felt one in the hand is better than a maybe. Thank you all for your suggestions and will keep you all posted in about 6 months.

    Profile photo of ubiqueubique
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    @ubique
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    September 22, 2005 - 1:46 pm

    Not the same property, but another one, we have had on the market for about 12 months also, at the price that was set by a licenced valuer, we paid $400 for the valuation.this week we have had 2 agents tell us they have buyers, the thing is we told the first one yes we will sell at that price, that afternoon another agent rings and says I have a buyer at $15k more, trouble is the buyer has just left for a business trip and will be back in 2 weeks, I told him to get a hold of him as I had just received another offer, what would you do?

    Profile photo of ubiqueubique
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    @ubique
    Join Date: 2003
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    September 21, 2005 - 3:06 am

    Thanks that is about all we can think of, that and changing agents again, the place already looks respectable, we also thought that completing the development might make it easier to sell as it seems, as Mal Emery says people now want the fish on the plate.and don’t seem to be able to put up with the slightest inconvienience.

    Profile photo of ubiqueubique
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    @ubique
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    September 13, 2005 - 3:41 am

    Id like a free ticket to brisbane, September 16 – 18, 2005
    sounds good

    Profile photo of ubiqueubique
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    @ubique
    Join Date: 2003
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    September 9, 2005 - 6:55 am

    HI
    There is a set on ebay from one of Eds Seminars http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&item=8332291171&rd=1&sspagename=STRK%3AMESE%3AIT&rd=1 I have listened to it and I thought it was excellent. As to wether it is expensive, I think Ed knows what he is talking about and a couple of visits to an accountant or try to rejik a portfolio and see how much stamp duty etc. costs and you might think the information is very cheap

    Profile photo of ubiqueubique
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    @ubique
    Join Date: 2003
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    September 22, 2003 - 2:48 pm

    another point to remember with interest only is that you can apply the extra dollars saved to increasing the equity in your own home and reducing the bad debt[:D]

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