The Y-man's Recent Activity

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  1. The Y-man replied to the thread Thoughts on my investment Strategy.

    Agree, and highlights the need to look at specific REITs on their merits, rather than a broad collection. For instance, there are only a...

    24th Jan, 2019 at 12:04 AM
  2. The Y-man replied to the thread Buy own private island near Mornington Peninsula?.

    Make a big drag strip down the middle, grow some cash crops on the side.....? The Y-man

    23rd Jan, 2019 at 11:15 PM
  3. The Y-man replied to the thread Thoughts on my investment Strategy.

    Congrats on getting to where you are. My 2c worth of opinion: I wanted to make sure the income stream was going to be reliable enough...

    23rd Jan, 2019 at 10:49 PM
  4. The Y-man replied to the thread EBM vs Terri Scheer.

    Just buy a few cheap 1BR apartments to make up the numbers. Problem solved. :D The Y-man

    23rd Jan, 2019 at 12:13 PM
  5. The Y-man liked Shogun's post in the thread buying an IP.

    Terryw's Structuring Strategies Have a read in this section Investment Strategy Terry posts are a good place to start

    23rd Jan, 2019 at 12:06 PM
  6. The Y-man replied to the thread buying an IP.

    So maybe the priority is to find a broker who puts your interest first, or at least equal to theirs. :) The Y-man

    23rd Jan, 2019 at 12:00 PM
  7. The Y-man replied to the thread buying an IP.

    Again depends. As an example in our early days, we tried to get max LVR possible (95% ~ hard to do these days) IO to make the cash...

    23rd Jan, 2019 at 11:59 AM
  8. The Y-man replied to the thread buying an IP.

    Depends on a whole lot of things like how much your household income is, your future plans (kids etc), etc etc. Remember IO effectively...

    23rd Jan, 2019 at 11:55 AM
  9. The Y-man replied to the thread buying an IP.

    Positive cashflow in my world means: CF = (rent) - (PM fees) - (interest costs) - (rates, depreciation, repairs, maintenance, other...

    23rd Jan, 2019 at 11:52 AM
  10. The Y-man liked Ace in the Hole's post in the thread The side hustle....

    Not at the moment, but 12 years ago did exactly this. Wanted to make an extra $200/week on the side and ended up making a few hundred k...

    23rd Jan, 2019 at 10:03 AM
  11. The Y-man replied to the thread Whats your favorite/hated junk food?.

    Strangely, I really miss being able to eat (can't take heavy carb) instant noodles. KFC has moved seriously down my list of craving as...

    23rd Jan, 2019 at 12:45 AM
  12. The Y-man replied to the thread Identical Application (prospective tenants).

    ...or he could have a lot of parties and booze ups..... The Y-man

    22nd Jan, 2019 at 5:01 PM
  13. The Y-man replied to the thread Wall Socket with International Plug.

    Most Laptop and mobile PSUs, shavers etc will take 100-240V Wrong frequency could be a killer though. Make sure it can handle both 50...

    22nd Jan, 2019 at 4:57 PM
  14. The Y-man liked Propertunity's post in the thread Is covering a kitchen wall air vent allowed?.

    I'd suggest you wait until Friday or Saturday night......midday drinking is frowned upon :p

    22nd Jan, 2019 at 11:52 AM
  15. The Y-man liked geoffw's post in the thread Let's talk cars....

    There's no way that people from the Druitt have money to pay for a car with cash. At least, not legally.

    22nd Jan, 2019 at 11:45 AM