PPOR reno

Discussion in 'Renovation & Home Improvement' started by euro73, 7th Jul, 2017.

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  1. Lacrim

    Lacrim Well-Known Member

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    Don't want to derail this thread given its about your PPOR but is your business to do with NRAS only or are you a mortgage broker too...noting the 'Loan Specialist' in your signature?
     
    Lacrim, 15th Nov, 2017
    #221
  2. sash

    sash Well-Known Member

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    OK...so questoin...did all your properties do that?

    No such thing as a free lunch...comrade...

     
    sash, 15th Nov, 2017
    #222
  3. euro73

    euro73 Well-Known Member Business Member

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    No they didnt...Ive only had them 3 or 4 years... 2 years in some cases. Or did all yours go up 250-300K in that time frame comrade? You've been investing since 1999. I suspect some of yours didnt do that in the 18 years since... but thats not really the point. I was just using the opportunity to remind you how fact is often different to the fiction you sometimes like to peddle. "NRAS is all overpriced" "NRAS doesnt get growth " etc etc etc... or countless similar posts to that effect. Just reminding you that you arent omniscient ... and as is often the case, the point appears to have eluded you. So I'll tell you what they have been doing...so that you understand the point. They have been paying down debt comrade. Paying down debt. Nothing sold. Just dividends reinvested :)
     
    Last edited: 15th Nov, 2017
    euro73, 15th Nov, 2017
    #223
  4. sash

    sash Well-Known Member

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    More debt or Muerto...uncle Fidel told me so......uncle Lenin does no agree though.......:D

    Hi ho ...hi ho...off to pick up a bargin' in Sydney I go.
     
    sash, 15th Nov, 2017
    #224
  5. euro73

    euro73 Well-Known Member Business Member

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    I used to sell NRAS. I now sell Dual Occ. Houses + detached granny flats that generate very similar numbers to NRAS. I am also a broker.... and lately I renovate stuff :)
     
    Last edited: 15th Nov, 2017
    euro73, 15th Nov, 2017
    #225
  6. Ekin200

    Ekin200 Well-Known Member

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    Great post on the renovations and thank you for sharing the journey @euro73 Great to see you reward yourself. I'm also big believer of debt rrduction.
     
    Ekin200, 1st Dec, 2017
    #226
  7. euro73

    euro73 Well-Known Member Business Member

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    Ha... thankyou. It was more a "happy wife, happy life" kinda thing :)
     
    euro73, 2nd Dec, 2017
    #227
  8. Shahin_Afarin

    Shahin_Afarin Residential and Commercial Broker Business Member

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    Awesome reno Ultan - you have nailed it with the kitchen.
     
    Shahin_Afarin, 2nd Dec, 2017
    #228
  9. euro73

    euro73 Well-Known Member Business Member

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    Yeah we like it :) Slowly furnishing the place now ...
     
    Last edited: 6th Dec, 2017
    euro73, 6th Dec, 2017
    #229
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  10. Kassy

    Kassy Well-Known Member

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    Hope you spend many happy years there an don’t have to fix anything anytime soon :)
     
    Kassy, 6th Dec, 2017
    #230
  11. euro73

    euro73 Well-Known Member Business Member

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    Funny you should say that... just replaced a couple of the pop up irrigation heads today.... but I dont expect any drama's at all with the reno stuff... touch wood
     
    euro73, 6th Dec, 2017
    #231
    Kassy likes this.
  12. Kassy

    Kassy Well-Known Member

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    Always teething problems, now you have had to fix something then that’s probably it! Good it was minor. :)
     
    Kassy, 6th Dec, 2017
    #232
  13. mickyyyy

    mickyyyy Well-Known Member

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    That's pretty cool!
     
    mickyyyy, 8th Dec, 2017
    #233
  14. euro73

    euro73 Well-Known Member Business Member

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    Yes sir... it is
     
    euro73, 8th Dec, 2017
    #234
    Kassy likes this.
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