Recent content by AJG

They are called speculators not investors

Didn't invest a penny on the lead up to the GFC.

Dear D&Gers, Opportunities are everywhere at anytime. Gloom is by far the best time to invest. Everyone is too scared to get wet, but I'll have my wellies and heavy duty umbrella. I hope you're right, makes life easier. "Be greedy when others are fearful and fearful when others a greedy...

Depends if you want accounting profit or economic profit. Accounting: Profit = Sale Price - All On paper costs (buying, owning, selling) E.g., $50 Profit = $100 Sale Price - $50 Costs Economic: Overall Profit = (Sale Price - All On paper costs) - (profit/cost of next best thing)...

Cheers Belu, That essentially appears to be what I'm chasing. I'll have a deeper look into it. Much appreciated.

G'day all. Probably been asked before. But, please take your shot after a few pearls of wisdom ;) I'm looking at trying to procure some funding for a property deal I'm working on via the private market. It's by no means sophisticated and the dollars are comparatively small. I'll probably be...

Your mate could be signed on to be the site manager / supervisor, whatever you want to call him. He gets the work done, deals with the co-ordination of subbies, programs, procurement and logistics and so forth and you oversee the whole process. You're essentially working like an engineering...

It's inflationary so you'll eventually see some price increase from it, but that quickly, that focused and that powerful is debatable. In the short - medium term, the developers can only ask what the market will bare. Simple economics will tell you that the impact on price from an increase...

Hey Bud, The big contractors do this all the time, it's how they operate. If you're confident that your pals are competent, then get a contract knocked up with the conditions that will ensure you don't get bent over too far if the **** hits the fan. There maybe a standard contract you can...

I have read they are doing a share buy-back at 700~ mill, plus still paying their normal dividend. This will probably will help resolve the discrepancy between their 09-10 FY cashflow position and the funds to do the buy back and pay a dividend.

True, though develops can in a way. Build 4, keep 1. Capital gain from 3 and hopefully cashflow from one held. Repeat.

Blue Card, the lady lives in South Korea, they most likely have a different written exam setup to us :o

I have a somewhat novel predicament. My sister and her ex-partner commenced a small development project with a house and land package. During the construction of the project they ended their relationship. Legally, ownership is 50/50. The Ex wants out of the arrangement, and mutually agreeable...

Call me uncultured but I'm quite partial to a LX SS Torana all tricked up with modern luxuries or fastback mustang...

I don't understand the logic behind this operation, it is quite inefficient. Why not give your PMs the autonomy to carry out repairs within a budget restraint? Set a price where you're happy for a certain type of repairs to take place, which accords with your spreadsheet of the properties...