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One phonecall gets 600% return; Easy money for those that can.
Topic Started: 17 Sep 2015, 09:06 AM (3,709 Views)
Matthew
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Well done Frank on increasing your income, but you have mixed up your measures I think.

Your ROI per annum is 34.7% (annual rental increase divided by capital employed)

Your Net Income after Capital Cost (NIACC) is 566.6%

Either way it is a shit load better than the renting gold hoarding fraternity that are deriding you will gain.....
My only hope for my three boys is that they turn out nothing at all like Chris.
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Frank Castle
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Business As Usual

Massive
18 Sep 2015, 12:11 PM
You have lost $6000 capital as part of the cost of your investment ..

I haven't lost anything

I have invested $6k back into a property, which the tenant enjoys and pays for.
I have increased its income by $35 a week
I have increased the properties value by considerably more than the outlay.

Quote:
 
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

Logic fail for you - no wonder you cant get your head around it.

YOU are paying for the income
YOU are paying for the interest on the loan
Soon your income and ability to pay interest will be ZERO
Vs
MY TENANT is paying for the income and
MY TENANT is paying for the interest on the loan
The income and the ability to pay the interest goes on for as long as I choose to have a tenant paying for it.

Can you see the difference now?
Edited by Frank Castle, 18 Sep 2015, 01:05 PM.
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The Whole Truth
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Keep digging fwank, you're not there yet.

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"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
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Massive
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Frank Castle
18 Sep 2015, 01:03 PM
I haven't lost anything

I have invested $6k back into a property, which the tenant enjoys and pays for.
I have increased its income by $35 a week
I have increased the properties value by considerably more than the outlay.



Logic fail for you - no wonder you cant get your head around it.

YOU are paying for the income
YOU are paying for the interest on the loan
Soon your income and ability to pay interest will be ZERO
Vs
MY TENANT is paying for the income and
MY TENANT is paying for the interest on the loan
The income and the ability to pay the interest goes on for as long as I choose to have a tenant paying for it.
We
Can you see the difference now?
Still don't see a 600% return

Yes my story lacks a source of income... Thought you could have joined the dots .. Let's change it..

OK I borrow 100k from my lender at 5% and loan it a friend at 7%... (both one off interest payments )

By your logic im earning $93,000 in the transaction .. Not the actual $2000 gain after my costs I am due repay are factored in. Deferring the costs doesn't mean they don't exist



Edited by Massive, 18 Sep 2015, 01:50 PM.
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Ex BP Golly
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Massive
18 Sep 2015, 12:11 PM
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
That's how ponzis work.

See Frank counting his eggs!
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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Frank Castle
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Massive
18 Sep 2015, 01:38 PM
Still don't see a 600% return

Yes my story lacks a source of income... Thought you could have joined the dots .. Let's change it..




You're a fken idiot
I explained in the most simple of terms a few posts back and you still dont get it.

Quote:
 
OK I borrow 100k from my lender at 5% and loan it a friend at 7%...

Similar to me borrowing $6k and having a tenant pay me back at 566% of my weekly borrowing costs

Quote:
 
By your logic im earning $93,000 in the transaction

Rubbish try again
Ex BP Golly
18 Sep 2015, 01:40 PM
That's how ponzis work.

See Frank counting his eggs!
Your posts have been seriously lacking in any sense or value lately
Please try harder, there's a good chap.
Edited by Frank Castle, 18 Sep 2015, 01:56 PM.
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Massive
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Frank Castle
18 Sep 2015, 01:55 PM
You're a fken idiot
I explained in the most simple of terms a few posts back and you still dont get it.



Similar to me borrowing $6k and having a tenant pay me back at 566% of my weekly borrowing costs



Rubbish try again

Your posts have been seriously lacking in any sense or value lately
Please try harder, there's a good chap.
At least I'm smart enough to know when I've realised a return and when I'm still working on paying off the initial outlay..

But as you were .. Revel in your genius frank..
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Frank Castle
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Massive
18 Sep 2015, 02:05 PM
At least I'm smart enough to know when I've realised a return

No, no you are not.
If you cant see $6 out and $40 in as being a return
and a near 600% return at that then you are a very special kind of dumb.

Back to licking windows with you.
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