Recent content by Moonshine

I live in The Gap, which is in the Western area of Brisbane. I read the article and though it was a bit of a joke. I have two properties in The Gap, which have both been recently rented out in the last six months. I had tenants paying a weeks rent in advance to hold one of the houses. Other...

Michael, It has been about 12 months since I last used this forum. I agree with your comments and I have used your simple technique over this period with a degree of success. I too do not have any of the property in my name now. The companies are responsible for any issues, which arise...

Reply: 3.1.1.1.1 From: Kelvin Mooney Lewis, Thank you for your forthright up front approach to my questions. The view I have been given was very slanted towards profits, profits and a no risk way to invest and it just did not appear to ring true. Sorry also to Michele B if I upset your...

From: Kelvin Mooney Hi all, I have attended a few seminars on wealth creation and read a book or two. However I keep seeing the term FLIP and WRAP which I am not familiar with, can anyone tell me their definition. Moonshine.

Reply: 2.2.2 From: Kelvin Mooney Dan, We bought an IP 4 years ago and we took out a Landlord's insurance policy from the start. We have never had to use it, but it is good to know that if you were unfortunate enough to get the tenants from hell you would be covered. We have been using a...