Forum Replies Created
Looking at it as a renter
On many an occasion I have recieved discounts by offering rent in advance – often 13 months ahead. It is easier to justify the discount if you present a spreadsheet with their “savings” eg interest, bank charges, vacancy factor is zero. Easier on commercial than residental
Normally have got 9% or nothing!
Stock At Value
WHAT GOES AROUND COMES AROUND
TAKE ADVICE FROM ONE WHO KNOWS
DON’T CHIZEL PEOPLE
THE PRICE IS 29.95
PAY IT
BE PROUD THAT YOU HAVE TNE INFORMATION
IF YOU RIP THEM OFF EXPECT TO BE RIPPED OFF
Many years ago as a pimply faced student I was told by a man who in now a High Court Judge that “the law of trusts was developed in the english legal system so that roman catholic clergy could maintain their vows of poverty.”
As an older wiser person I learnt that to be peniless gives you enormous power because you don’t give a damn if you get sued.
Be peniless! Go for the trust any day. It gives you power to do what the hell you want. Make sure that when the acounts for the fine wine and good food are rendered that they are adressed to your trustee!
Mr Westan
A cursoury glance of History will reveal that it was the Australian boat that broke and sank in 1995!
I have just bought four adjoining blocks of land from four vendors and the council will allow me to pay one general charge, one garbage removal charge and the rates at the rg’s valuation.
PSST anybody want a quick acre and a DA for 8 houses and a builder prepared to build it all for one million by next Christmas and a real estate agent who says he can sell the lot for 1.4 million?
Oh and as the largest privatley owned employer in town about to expand my workforce by 10 I have the tennants to go with it!
Old enough to Know but young enough to care.
Can remember decimal currency, the shooting of Kennedy, walking on the moon. winning the America’s cup …
The posiedon boom, when houses in the inner west of Sydney were sub 30k (still have one that I paid 29k for and have two years to go on the mge at $ 112 a month with weekley rent of $ 400!)
The 87 crash
ALL in all property is the way to go!
This post reminds me of a couple of savings …
“Income 100 dollars payments 101 dollars – misery
Income 100 dollars payments 99 dollars – happiness”and
“We spend money we don’t have to buy things we don’t need to impress people re don’t really like”
As one of the owners of the largest privatley owned business in a 5000 head country town (fully picked over for positive property and there was some a year or so ago) the trick in your business and personal life is to know exactly where each and every cent is spent.
Look at any large “turnaround” and succesful company it’s on the expense side that they make the change, often by slashing the people and that’s why sucessful people know exactly where the expense is even if it is $ 40 bottles of wine at least you know where the hell it went.
Cheers!
10 months
I have an investment in serviced apartments!
It is the Medina block in Brisbane overlooking the river.
The building is owned by a listed property trust called Tourisim and Leisure Trust ASX code TLT. They trade at about 58 cents they earn some 7+ cents and pay 6 cents distribution giving a yield of over 10 percent. The remainder is for refurbishment.
So there you have it a 10% return after all costs!
