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Which SS / PC hot topics have you acted on ?

Discussion in 'General Property Chat' started by Tonibell, 2nd Jul, 2015.

  1. Tonibell

    Tonibell Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    396
    Location:
    Sydney
    Today I was pondering whether to become a premium member or not - so I had a think about the tangible benefits I have gained from the site to see if they totalled $99.

    I discovered the SS site in the second half of 2012 while researching granny flat for a heavily negative geared property that we had. I am pretty sure I can across Mindmaster's epic thread and was hooked because it was so relevant at the time.

    So - while I cannot give SS credit for introducing the granny flat concept - it did help with that build and general things about the portfolio we already had.

    What we have since acted on as a result of SS / PC research :

    - Western Sydney purchase March 2013.
    - Brisbane purchase October 2013 (but opted out of Logan / Redcliffe).
    - loan restructuring / using a broker in June 2014.
    - Wynnum purchase February 2015.

    So I guess that is probably $99 worth.

    I was going to do a poll on potential answers but decided I didn't know enough.

    Some I can think of are granny flats, subdivision, developments, Western Sydney, Logan, Elizabeth, Frankston, share purchases etc

    So ...... what actions have you taken largely because of a SS / PC discussion ?
     
  2. Be Developer

    Be Developer Property Developer Business Member

    Joined:
    19th Jun, 2015
    Posts:
    1,078
    Location:
    Australia
    my $6M Portfolio is credit to SS/PC forum and some of its members!

    business or not..i will remain paid member..
     
  3. Eric Wu

    Eric Wu Mortgage Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    350
    Location:
    Australia
    Hi Tonibell

    we bought one standalone house in Wynnum West early this year, it seems the price has gone up some (>10%). where did you actually buy in Wynnum Tonibell?
     
  4. Tonibell

    Tonibell Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    396
    Location:
    Sydney
    An approved dual occupany between the station and the bay.

    Definitely like the area and think it will do well.

    Did you get one of the 810m2 blocks ?
     
    Gockie likes this.
  5. Perthguy

    Perthguy Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    4,740
    Location:
    Perth
    - refinanced
    - got a lower interest rate for an existing loan
    - uncrossed my loans
    - started a development

    All good! :)
     
  6. WattleIdo

    WattleIdo renovating Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    1,820
    Location:
    Central West NSW
    - realisation that a regional / cashflow would currently suit my strategy
    - realisation that I don't want a whole lot of equity tied up in 1 or 2 places doing nothing much
    - confidence to buy a renovator's delight
    - help with approaching country real estate agents and perservering with them
    - reality checks and supportive comments when the time came to bite the bullet
    - differing points of view, helping me to establish my own path
    - met some nice SS investors in Frankston last year
    - companionship and support while waiting for Frankston to come out of the dark cloud of the GFC and into the light - which it now has
    - determination to uncross a collX loan. About 25K more needed for that.
     
  7. Brady

    Brady Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    462
    Location:
    Adelaide, SA
    SS/PC has been great place to bounce ideas. Picked up a few little pointers on my development.

    My work computer blocks PC whereas I could get through on SS, unfortunately :(

    So I'll be on here a whole lot less, only jump on every odd night or so.

    Best part of my day was flicking to SS whilst on hold or waiting for another program to load.
     
  8. Allgood

    Allgood Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    217
    Location:
    NSW
    I once read about a fella that had 5 investment properties and imagined that it would be the ultimate level of success, and that if I could reach 2 or 3 I would have tricked the universe into thinking I was successful. SS opened my eyes to real (financial) success but more importantly I learnt about valuing the journey and the connection as well as the strategies. Thanks you guys. * shucks.
     
    aussieB likes this.
  9. Eric Wu

    Eric Wu Mortgage Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    350
    Location:
    Australia
    no, unfortunately, it is a standard 600m2 block, highset, 3 bedder.