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Viewing 20 posts - 61 through 80 (of 139 total)
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  • Profile photo of JonJon
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    @wealthyjvd
    Join Date: 2008
    Post Count: 175
    June 2, 2010 - 11:47 am

    yeah im with ya johnny, just did a reno and loved it….

    might be my next move as well.. a nice cosmetic reno that can net me 70k with <400k outlay would be nice :P

    Profile photo of JonJon
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    @wealthyjvd
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    Post Count: 175
    June 2, 2010 - 7:16 am

    reviving an old thread.. and Daedalus you are so correct.. just get the first step down and not worry about the rest, as it will change.

    well i got a house in Frankston (not <10k from the city as wanted) i have renovated it (never intended on doing a complete reno) and now im looking to develop it or buy somewhere else.

    completely different to what i had originally thought of.. but 2 years later. i am a very happy man with big dreams!!

    Profile photo of JonJon
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    @wealthyjvd
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    June 2, 2010 - 6:57 am

    lol i love all the 1 POST comments coming up, nice pr and marketing WAGS

    Profile photo of JonJon
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    @wealthyjvd
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    June 2, 2010 - 6:40 am

    im 20 and i was thinking the exact same thing before i read your post richard….

    please tell me that is in an offset account.. otherwise pay off your home!!! then find a dodgy broker :P

    Profile photo of JonJon
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    @wealthyjvd
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    March 7, 2010 - 12:42 am

    Even if it’s 50 years old

    Profile photo of JonJon
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    @wealthyjvd
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    March 6, 2010 - 2:18 am

    Yes I understand that but as the house is so old, and has recently undergone a Reno, can I get a QS to do a dep schedule on the house. Or just what I have improved?

    Profile photo of JonJon
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    @wealthyjvd
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    Post Count: 175
    March 5, 2010 - 12:16 pm

    what about for depreciation purposes?

    Profile photo of JonJon
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    @wealthyjvd
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    Post Count: 175
    February 12, 2010 - 1:13 am

    i see. well if someone is S/E and the other is low income earner then i guess they would be.

    Profile photo of JonJon
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    @wealthyjvd
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    Post Count: 175
    February 11, 2010 - 11:56 am

    thanks heaps guys…

    yeah well i have advised this people of what you guys are saying…

    but they believe that because they are on a tightrope of not being able to/or not to service the loan, they are grabbing whatever they can get i beleive.

    thanks very much for your input though, i have learnt for myself at least :)

    Profile photo of JonJon
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    @wealthyjvd
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    Post Count: 175
    February 5, 2010 - 3:29 pm

    Thanks for your input Qlds, i thought the exact same thing, they are currently trying to obtain finance at the moment so i might just refer them to another broker that i know, that deals with Trusts. 

    Thanks again.

    Anyone else's opinion?

    Profile photo of JonJon
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    @wealthyjvd
    Join Date: 2008
    Post Count: 175
    February 4, 2010 - 2:16 pm

    how do you possibly retire at 34

    no children?
    no wife?
    no car?
    or are you living on $200 pw
    cause if thats the case i could retire now :)

    what kind of lifestyle do you live? is your wealth increasing as we speak or depleting?

    Profile photo of JonJon
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    @wealthyjvd
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    January 13, 2010 - 11:27 am

    thanks damoli.

    anyone no of anything either north western suburbs. or anything around f'ston?

    Profile photo of JonJon
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    @wealthyjvd
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    January 11, 2010 - 12:26 pm

    Hey guys.

    Just an update.

    Im thinking of holding onto the IP i have in Frankston, that will eventually become a d/o development site for myself.

    And also investing in a town like Bacchus Marsh, buying a run down house that is rentable for a few years, then developing the two, which would make some nice profit come 4-5 years down the track.

    Maybe it could allow me to buy in  the Areas i want. What do you guys think?

    Also any renovation experts out there, that might beg to differ. Because I've been renovating at the moment and have fallen in love with it. I will have roughly $350-400k by the start of next year to purchase another property. Can any RENOKINGS provide some assistance. As i have noticed, the best returns are in the priciest areas.

    John

    PS: I though T/Houses in Essendon would be 550 in a few years time. Well i was surely mistaken. There is PEANUTS for even 600k NOW!!!

    Profile photo of JonJon
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    @wealthyjvd
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    January 5, 2010 - 4:12 am

    gifting?

    Profile photo of JonJon
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    @wealthyjvd
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    January 5, 2010 - 1:42 am

    Roy

    Yeah these areas here are beautiful.

    Are you aiming to buy IP 2 in Essendon/Strathmore. Or somewhere else, then later on, the third property by your home here.?

    Thanks Terry i will definately do that/

    Anyone else suggest anything?

    Profile photo of JonJon
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    @wealthyjvd
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    September 9, 2009 - 12:23 pm

    thats conservative terry :) haha

    excellent points though.

    be very careful….. MWAHAHAHAH lol

    Profile photo of JonJon
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    @wealthyjvd
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    August 18, 2009 - 8:40 am

    its ok, i bought the property today and paid a fair value..

    Cheers guys

    Profile photo of JonJon
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    @wealthyjvd
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    August 17, 2009 - 1:08 pm

    well buddy thanks for the info but im the guy with a 5% deposit ,14 days subject to finance and a 60 day settlement. So i cant create any angles except pushing the price 5-10k higher.

    Profile photo of JonJon
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    @wealthyjvd
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    August 17, 2009 - 12:01 pm

    look at country towns with reasonable population… thats a better way of doing things…

    Profile photo of JonJon
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    @wealthyjvd
    Join Date: 2008
    Post Count: 175
    August 14, 2009 - 8:52 am

    Ill give them a buzz, but RE: the minimum size frontage of a duplex, the town planning dept should be able to tell me that. they cant be that stupid.

Viewing 20 posts - 61 through 80 (of 139 total)
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