Once again fwank delves into his imagination to construct the type of investment portfolio he can quite literally only dream of. Never any declaration of how many or where (the pile) is, lets keep it nice and fluid so we can claim big rent increases when nearly every location in queensland is registering ongoing declines.
If it wasn't for his boagan nosepicker antics I doubt I would even comment, but he's just too precious an offering to pass up
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
Frank, like the grey man it appears you have resorted to cheap deceptive behaviour to try and prove a point and by doing so you completely dispell the point you were trying to make. You either lie or deliberately omit crucial information until someone calls bullshit.
It shouldn't but it still surprises me you do this given the weight of evidence suggests those in property are currently winning and it's been that way for a very long time. Perth is a concern and Brisbane has its negative points but if you have been in the game as long as you infer then you shouldn't need to post such deceptive dribble in order to prove your case about property.
You have now put yourself under the microscope because you have shown you are either a liar (bull troll) or deceptive which will certainly impact the validity of anything you post from here on.
Frank, like the grey man it appears you have resorted to cheap deceptive behaviour to try and prove a point and by doing so you completely dispell the point you were trying to make.
Deceptive? Where have I been deceptive? Link to it please
Quote:
You either lie or deliberately omit crucial information until someone calls bullshit.
Lie and omit? Please link to this as well
Quote:
You have now put yourself under the microscope because you have shown you are either a liar (bull troll) or deceptive which will certainly impact the validity of anything you post from here on.
These fuckheads have had me under the microscope for years and have yet to come up with anything, unless resorting to lies and fantasy - the very things you and your mates accuse me of. Now you are trying so I await your links to these lies and deceptions you claim I have told.
Over to you.
Quote:
Ignored post by The Whole Truth · View Post · End Ignoring
The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
St Barbara Ltd 200,000 0.83 166,000.00 +141,567.21 (+579.41%)
There are some people who seem angry and continuously look for conflict. Walk away, the battle they are fighting isn't with you, it's with themselves.
The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it. The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.
Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
These fuckheads have had me under the microscope for years and have yet to come up with anything, unless resorting to lies and fantasy
The crocodiles will be your undoing Frank - They will consume the tenants of your Depot Hill 'mangrove 'n mudflats' properties as the floods sweep them into the sea - With the Casuarina Island sharks mopping up your odd surviving tenant so there's just no tenants left to ever pay you rent again! ...
The crocodiles will be your undoing Frank - They will consume the tenants of your Depot Hill 'mangrove 'n mudflats' properties as the floods sweep them into the sea - With the Casuarina Island sharks mopping up your odd surviving tenant so there's just no tenants left to ever pay you rent again! ...
I'm sure it will happen before fWanks unique asbestos disposal method kills them.
WHAT WOULD EDDIE DO? MAAAATE! Share a cot with Milton?
St Barbara Ltd 200,000 0.83 166,000.00 +141,567.21 (+579.41%)
Is that yield? So $6 a week worth of St Barbara Ltd pays you a dividend of $40/week?
herbie
18 Sep 2015, 10:18 AM
The crocodiles will be your undoing Frank - They will consume the tenants of your Depot Hill 'mangrove 'n mudflats' properties as the floods sweep them into the sea - With the Casuarina Island sharks mopping up your odd surviving tenant so there's just no tenants left to ever pay you rent again! ...
Yeah, its happened since the dawn of time in that area, every year a flood, crocodiles roaming the streets and a sharknado at the river bend..........................oh wait, no it hasn't.
Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
Pretty sure average Joe or a valuer would say that the house that looked rough around the edges and had damaged skirtingboards, shot carpets, walls that were marked with worn paint, broken venetians and worn curtains would be priced less than one that presented as near new.
Pwetentious twats that want it all now cant be seen buying something that's less than shiney
I regularly see houses with this sort of cosmetic work selling for $50k or more under ones that have been freshened up.
A valuation is not a return in investment / 600% profit..
You are $6000 in the hole frank and will require a few years to break even even on your initial outlay with the increased income it generated
You won't be seeing 600% roi on your maintenance costs any time soon. What you have done is increased your weekly cash flow by leveraging your maintenance costs and increasing your debt to increase rental returns and weekly disposable income
Q) How much do I "invest" a week to get a $40 return A) $6
Q) What is the ROI on that $6 investment A) 566.6% - and here's a picture.
Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
Q) How much do I "invest" a week to get a $40 return A) $6
Q) What is the ROI on that $6 investment A) 566.6% - and here's a picture.
You have lost $6000 capital as part of the cost of your investment ..
By your logic I could take out a loan for 100k and pay myself 20k a month and 5k back each month in interest and say ive increased my disposable income by $15k/month
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