Recent content by ryan_mel

  1. R

    Any Interest to share cost for accessing PriceFinder/Rpdata subscription

    Hi Friends, As a seasons investor and property fan in Victoria, I'd like to have the access to either Rpdata or PriceFinder to make better investment decision based on those data. I checked some information about the PriceFinder Pro subscription (link...
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    Pricefinder property search tool - who wants to join us for cheap access

    please count me in if any Vic group has available spots left. Let me know please: [email protected] Ryan
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    what business would you invest on with budget upto $1M?

    Thanks Grossreal, if the $1M is an accessible fund, is it enough to buy the pub which is under managed most of time by my employee? What's the minimum requirement except for funding to run the pub well?
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    what business would you invest on with budget upto $1M?

    Thanks All very much! I am still considering what Paul says, "focus on what I'm doing". Just wondering are there any good examples who are doing multi-business, and all of them are doing well?:confused:
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    what business would you invest on with budget upto $1M?

    Before considering Paul's advice completely, assume doing reno is still close business as what I am mainly doing now. So I think if Nathan is happy, I'd more than happy to try :p
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    what business would you invest on with budget upto $1M?

    Thanks Paul!!! Your comment triggers my deeper thoughts. I start to ask myself why shall I go to another business instead of focusing on one? And do I have to spread my focus to something else? Valuable point, paul!
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    what business would you invest on with budget upto $1M?

    I like your suggestion providing I could afford Nathan's expertise in reno within 40K profit margin from a reno.;)
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    what business would you invest on with budget upto $1M?

    Nathan, it does. Thanks very much! I totally agree your comments "dont buy or iinvest in any business until you have a full understanding of your worst cases and exit stratergy". It's especially so true under the current a little bit cool down market, and uncertainty of the future about the...
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    what business would you invest on with budget upto $1M?

    Some services are sometimes too good to be .......? But hopefully, don't sink ...... Still love this land, especially Mel....:rolleyes:
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    what business would you invest on with budget upto $1M?

    Got a question about CGT, I remember some threads mentioned before, if we trade property very frequently, then instead of paying CGT, but just pay the 30% business profit tax. Correct me please if I am wrong. Maybe James can help on this as well.
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    what business would you invest on with budget upto $1M?

    Sort of "yes". basically I'd like to manage and running a business without get self all-the-time involved. Thanks Ryan
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    what business would you invest on with budget upto $1M?

    To be honest James, the answer is "I don't have" :o. So your first suggestion about buying a business which currently has lower return, but then improve it and get a 20%+ return later, maybe too difficult for me ;)
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    what business would you invest on with budget upto $1M?

    Well Sunfish, thanks! Though not sure if is it applicable for an aussie to operate a pub in Philipines? :confused:
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    what business would you invest on with budget upto $1M?

    According to the above description, I got following figures: Buying Cost: $250K + $10K (stamp duty) + $2K (other cost) + $4.4K (interest @ 7% for 3 months) + $6K (agent selling commission) = $272.4K and also based on every "one dollar spend make two dollar", Then the selling price shall...
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