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I will be going to dinner and a pub by myself tonight, traveling due to work. I have no issue doing this, very easy to meet and talk to people in Darwin. On the other hand I don't think I would like to go to a pub in suburban sydney, everyone knows each other and if your not in the group...

I think thats the secret

I'm not after the secret to improve my investing. I am curious to know futuramas secret. The title of the story is The Secret to my success, and it doesn't deliver:mad: Its a top thread, but whats the point. So many riddles. Just tell us.

Gee Whiz, that took me three days to get through this thread, in between work and still nothing conclusive. If its a secret I doubt it will be revealed. What is it you are trying to say?

I think different personality types comes into this as well. I bet your a good planned, plan everything to the last detail. I do homework, when something feels right then I just go for it. If I waited a year on the first couple I bought, then i would have lost $100k each :) How long did...

That must be the slow learners method ;) 100 times without any action, I reckon you would talk yourself out of it by the end. How long would that take anyhow for someone who works regularly? a couple of years with my work schedule.

What about places like Perth? with a big mining downturn after so many high income earners bought properties they can no longer keep?

Thanks Leo, I will certainly look into this.

Can you recommend some good negotiation books? I would be keen to brush up a few skills here, not only for investing but with relationships as well ;)

Your Investment Property Magazine is a wonderful magazine, especially for when you are starting out. They have some great goal setting and case studies and Nila Sweeney is a lovely person and editor.:)

The Real estate agent told our tenant there are funds set aside for loses such as this, so I presume there is such an account in NSW also

He is doing exactly that already, brother opened a new company in the same name in a different suburb. I bet the same thing happens there as well. Fair trading know about it.

Fair Trading has taken over this guys business now. Heard stories of some owners being owed $9k in rent, even our tenant couldn't stop the direct debit because of being overseas. Its a bit of a mess

After hearing every excuse imaginable about the delay in rent payments we finally went to fair trading late last week. I lodged it in the morning and within two hours fair trading called me to let me know it has been escalated to the highest level. I believe there are a number of landlords...

and what about Evand? Somersoft is becoming politically correct:(

You should of tried it back in the 1790's when land was free, then it was hard

Should have kept up this ruthlessness on a few more of the new guys

ITs a new fad, using debt to create wealth, you should look into it

4 and will be happy with 8 by 2020

Well it does, your debt is automatically reduced in real terms