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  1. Cloudy_

    Should I buy my first home or an investment property first?

    Completion 2015, so likely to be 100+ apartments in the block? I'd just be wary of the valuation coming in at settlement time. Don't just assume all property will go up in value by 2015 and of course the last person you take advice from regarding future price and yields is a REA! Trust me, I'm...
  2. Cloudy_

    Finally bought Rich Dad Poor Dad book

    1. Kiyosaki and Trump tour a lot together and have at least 1 book together. 2. Smart people that grow their wealth can always grow more wealth, dumb people that have never been able to grow money will always struggle to hold money that comes their way. 3. If it is true, I'm sure he's got a...
  3. Cloudy_

    API Digital subscription $69 for 1yr?! WTF?!

    Also you don't even get it free if you are a subscriber to the print version... An extra 84c per issue! How tight does a company have to be to not absorb that?! (Yes I understand there is a cost to produce a digital version...)
  4. Cloudy_

    Finally bought Rich Dad Poor Dad book

    Re being a fable: didn't you find it convenient that RK would always remember and be able to reel off all those great one-liners?! Granted it took me a few chapters to click, but there had to be some form of narrative/storyline to keep it interesting and simple and digestible by the masses...
  5. Cloudy_

    API Digital subscription $69 for 1yr?! WTF?!

    Disagree x 1,000,000 You can't just simplify to price = demand!
  6. Cloudy_

    API Digital subscription $69 for 1yr?! WTF?!

    Wow I never knew there was so much involved - I guess I just think in my work if I want to send an email to 1,000 employees I just highlight the cells in a spreadsheet and paste into BCC. One more click to add a PDF, type a quick generic message and bingo!
  7. Cloudy_

    Finally bought Rich Dad Poor Dad book

    Hey Jenn, we can't afford the cash drain either... It all gets worked out with a thorough budget and feasability study, but this is maybe a convo for a different thread! If you liked RDPD, you'll enjoy CQ! And no I hadn't read the Babylon one (but will now thanks Carly!). Probably about 10...
  8. Cloudy_

    API Digital subscription $69 for 1yr?! WTF?!

    Hrmm, good points Jenn on costings - I'd be interested to know the % of expenses incurred for creation (writers, designers etc) and production (print and distribution). On the whole though our magazines are ludicrously more expensive than in the US. Why do printed magazines cost $10-$15 here...
  9. Cloudy_

    API Digital subscription $69 for 1yr?! WTF?!

    Well I couldn't imagine it would be much harder than clicking 'save as PDF' instead of 'print'. I'm sure it will become apparent when they realise sales are diminishing, most houses in Australia will have a tablet of some kind, and it costs them the same to produce and distribute 1 pdf to 100m...
  10. Cloudy_

    API Digital subscription $69 for 1yr?! WTF?!

    Couldn't believe my eyes! The print version is $89 for 1yr and the digital version is only $20 cheaper! I've got digital subscriptions to US magazines that are US$20 for a year. I know they'll charge as much as they can, but this is a joke!
  11. Cloudy_

    The Bad News or umm good News?...

    Wategos = Steven Keen?! Lol
  12. Cloudy_

    Melbourne September 2012 Somersoft Meeting - Mitcham

    Haha don't sweat Y Man and Mick! It's just a name! :) See you at the next one!
  13. Cloudy_

    Finally bought Rich Dad Poor Dad book

    The benefit of CG is you don't have to sell and the house saves your next deposit for you (tax free through equity) often at a much quicker rate than the CF+ props putting $20 a week in your pocket... Our strategy (one of many thousands out there - see where your risk profile lies!) is: Buy...
  14. Cloudy_

    The Bad News or umm good News?...

    It's ok, the sky isn't falling... Just keep your cool and don't take your property news from the biased major media publications! Good call DaveM!
  15. Cloudy_

    Melbourne September 2012 Somersoft Meeting - Mitcham

    All good Mick we'll save you a seat next us at the next one! (Oh an its Denise, not Diane, but you did a great job remembering so many names!
  16. Cloudy_

    Finally bought Rich Dad Poor Dad book

    Take a measure of your risk profile an go from there I'd say... Personally I'd rather invest in a hyper-risky oz mining town than in the US. Majorly different kettle of fish over there - it seems that instead of doubling every 7-10yrs, they're halving! I'm sure there's a reason why interest...
  17. Cloudy_

    The Joys of Landlording

    Wow that's pretty unlucky... Nature of the beast I guess, hopefully you've been making attractive returns to offset the riskier tenants?!
  18. Cloudy_

    Solar Panels for IPs?!

    Can't wait for the day when the govt puts $40+bn into renewable energy as opposed to stupid 'investments' like the NBN (let's not get started!) Sad really where priorities lie sometimes... *points to US defense spending* Ok, ok, back on topic... It appears some tenants will be happy to pay...
  19. Cloudy_

    Solar Panels for IPs?!

    Ps nice gag Geoff ;) haha
  20. Cloudy_

    Solar Panels for IPs?!

    Sorry Dazz, I'm probably using the wrong acronym... What's the one where you measure the time it takes for an outlay to be re-paid? That's what I'm assessing - a $2.5k investment repaid by the extra $10-$15 per week a tenant might pay. I'm not really concerned with how much power the cells will...
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