Possible to buy CIP under $1M

[Scott No Mates]

I have to fill up with petrol shortly. I may try selling an arm and a leg myself.

You'd have to go to a second hand dealer for that one Geoff.

 

[knightm]

You'd have to go to a second hand dealer for that one Geoff.

I love offhanded remarks like that Scott

 

[pinkboy]

I love offhanded remarks like that Scott

On the other hand, I like Geoff's jokes!

pinkboy

 

[Peterw]

My experience with migrant families has been much the same. Parents were not that well educated, got ahead by working hard, either manual labour ie bricklayers, or shop keepers working long hours. Built up hard assets, gave their kids a great education, with a lot becoming professionals. When leaving the assets to the kids, they don’t have the same "let’s keep building" mind sets. They have a comfortable life, and like to enjoy a "good life", and adding to that, they mostly see a different way that they would like the ... sorry their asset now to go. Additionally, in many cases, the asset is hitting the stage that is need maintenance, so it ends up being easier to sell, and let each make their own choice as to the use of their share. Yes, it’s obvious, as an agent, I am not complaining ..

Scott, Geoff I have chosen to keep my arms and legs, and mortgage the kids. That way when things go wrong and the financiers foreclose, they will be shouting at someone else ...