Forum Replies Created
The first question I have is! Are the losses capital losses ie. you held the shares for over 12 months. If so – Why dont you sell a property or two that has the most capital gain and offset it against the losses. Therefore effectively paying no capital gains tax.
Anyway – just a thought.
I have now registered the VCAT (residential tribunal Order) with a collection agency.
I will keep you all posted. She not be easy – we dont have a forwarding address as they did a runner. ie they are no longer at the address given to the Property Manager.
Had another look – still looks like a finacial advisor to me. Alot of financial advisors rebate commissions. I know the last one I spoke to did.
Looks like another name for a financial advisor.
I agree with qwerty.
The other thing is that they tend to be in new housing estates. I dont reckone they appreciate as much as developed areas.
The other thing is that they tend to be on busier streets within the housing estates so they get more people through the display home.
You just need to look harder they reckon. Try NZ they reckon. If thats no good – how about the Falkland Islands.
In my opinion – just wait a little longer for some balance or equilibrium in the market. Cash is king in this market.
Maybe you can hitch a ride in a mining truck as it delivers its stuff to a port. But dont worry the locals are really friendly.
Bob
Call Jenman and ask him what he reckons. He reckons he fights for the consumer against estate agents. Ask him what he reckons.
In no way – should you have to pay two commissions. There is something seriously wrong with the real estate industry if thats the case.
Also have you had an opinion from your local real estate institute like REIV?
My advice – buy something closer to home you are more familiar with. Are you investing or gambling?
The thing I dont like about these semiar gurus is the hype and emotional drag that goes along with these expensive seminars.
I know the market determines the rate for these seminars.
I just hate the crap about I have made it rich and want to help others and charge $5000 per person for a room with 100 people.
Thats fine with me just dont ANNOY me and others by saying you just WANT TO HELP OTHERS. You can help others by charging cost price or give your time for nothing like many successful self-employed charity workers.
If a seminar is a profit making venture thats fine – just dont tell me you want to help others.
Not Much. I dont think many were doing it and those that were or wanted too probably, were waiting to see what the ruling in the courts would be.
So I dont see any effect on the property market.
Just finished the DaVinci Code. It was a good read.
Now going to start the latest Grisham book. I got em both for me birthday a few months ago.
As for property books. I have read many – between 20-30. All Somers, one Lomas, Jenman and about 10 from the US.
Still browse API each edition. I almost feel I have read it all. Nothing much surprises me nowadays when it comes to property. But you never stop learning.
Look – I have been pro – Jenman but I must admit my patience is starting to wear a little thin with him. Yes – I agree he likes his own publicity.
I am in the process of selling my property through a non jenman agent, but i do quote some of his stuff to my agent just to let him know I do have some concerns eg. i dont want exorbitant (spelling???) advertising. And I am anti-auctions.
Anyway – to this original post – give me some more info so I can make an assessment. I dont like false claims eg. become a millionare easily nor do I like expensive seminars.
No such thing as – “source property at wholesale prices” Its just marketing language designed for unsuspecting property investors.
However I would think that it would be more applicable to replace that with the statement “If something is given free of charge it is likely to be not as much appreciated as if one has to pay for it.”
Would you be able to agree with that statement Yack ?No. I make an assessment of the person who makes the statement or gives the advice. Family, friends, colleagues etc give me advice. I take it onboard and decide how valuable it is to me. I appreciate all advice. Whether paid for or given.
Yes – I believe you can. Thats what i do. The purpose of borrowing the money for the pergola is for income producing purposes so therefore, in my opinion, its tax deductible.
One of the dangers of investing overseas. I have not seen much comment on this. I dont have anything to offer.
Yeah – but why buy boiled lollies now when you can probably buy chocolates in 18 months time.
Is that not what investing is about.
I asked my property manager about rent increases in surburban bayside area of melbourne.
Not yet. still in favour of the renters. Like GMH I still see plenty of ‘For Lease’ signs. Never saw one about 4 yrs ago.
I would like some more details before i fry Jenman or G7’s mate!!!!!!At this point G7 agrees that his mates marketing has been dubious – so how can you blame Jenman. Read G7’s second comment on this thread….
<<<<<It’s not the course, it’s how it’s being marketed. ie- get rich quick theme, unrealistic etc. They left the marketing to a third party, who has used the persons signature and photo on the material. The person was trusted to do a good job but obviously hasn’t, thus the publicity.>>>>>
