Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments, How you diversify your investment portfolio matters.
Diversification is the key. My portfolio is well diversified with the help of a financial adviser. This helps me make more than +400% monthly on my investments.
I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
I know this lady you just mentioned. Julianne Iwersen Niemann Services is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Julianne Iwersen Niemann has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
Houses shouldn’t be investment, they should be homes, 3 kids 140k a year and I have no idea how I’ll ever save 60-80k for a deposit, absolutely fucked our housing market thanks guys
@@AmandaHugnkiss-kp3fy I agree but that mindset doesn’t work, it only inflates a asset that does absolutely nothing for our economy we need to go back to building small businesses that will drive our economy forward, this way of thinking is the easy option but not the best and we know that things that come easy are ?
All good mate, once you save that money I've got a couple you can buy. Out of interest, interesting strategy choosing to have 3 kids before you buy a house to put them all in. Can you walk us through the math?
Average wage when I bought my first house in 1987 was $25k. House in Inner Bne cost me $60k. Interest rates then over 14%. Same house today in original condition $1mil. Avge wage today under $100k but interest rates climbing north of 6% with loans in excess of $700k. An impossible metric for young first home buyers!
@@aron.gortman Why thank you, but don’t forget there are many thousands of Boomers that rent and don’t own a house. It was their lifestyle choice ol mate!
Another good video with accurate information! Hit 180k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024.🚀🤩
For real? I'm super excited. Sylvia Nicolas strategy has normalized winning trades for me also. and it's a huge milestone for me looking back to how it all started.
That's true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
What bank, in the history of Australia, has ever allowed someone to buy a property with a 5% deposit?? Minimum is and has always been 10%. Lenders mortgage insurance waived for most with 20% deposit. Only doctors and lawyers get that waived with a 10% deposit.
I reckon some alternative lenders would be willing to lend at 5% deposit (with LMI, of course), but they'd charge a considerably higher interest rate than your typical banks.
The property ship has definitely sailed. Even as an investor, there is nothing left to invest in. The level of risk is off the charts, and you are guaranteed to be negatively gearing any purchase. What's the point?
@@keepitreal2902 alread have sweetie! Unlike you I have a great attitude and don’t play the victim. Can’t buy in your neighbourhood ?? Then look Elsewhere and rent vest. You need to look outside the box and change your attitude. I bought 3 properties over the past 3 years… all gone up over $100k. I just bought another one. How? Better attitude and research. Stop winging! And have a go get em attitude! Property is rightly or wrongly going to increase in most capital cities as the stock levels are so very low. Get in! Don’t be a negative Nelly on TH-cam 🤘🏾🤘🏾🤘🏾
Thank you so much, I just heard you say don't buy a new build, buy established. Hell yeah, we will just keep scratching each other's backs. AUSSIE AUSSIE AUSSIE!!!
It shouldn't be like this, average houses where 3 to 4 times the average wage, now it's over 10, and particularly with inflation and rents and energy sky-rocketing, saving anything significant for younger people is essentially impossible.
Nope. Best to get on the ladder now. Sure prices may dip or even go back teo consecutive periods, but you cannot show me a townhouse or detatched house (not an apartment) that has gone down in the last 5, 10, 15 year period. Youre always a winner on property with land. Even if you intend to use it as a PPOR and never buy an IP. You still have the equity in the future to redraw on to renovate, travel, buy a new car etc. or sell up for a profit and downsize once you pay it off and want to gear down at work.
Awesome video, Gracias,! I think the market is over-heated. And I am concerned that people are focusing less on fundamentals and just chanting the mantra of dollar cost averaging and driving the market higher without considering fundamentals. It is a catch-22 for me. I mean I like crypto prices going higher but I also hate buying over-priced market and ETFs. Personally, I have stopped buying growth ETFs- they are ridiculously over-valued. Dividend crypto and ETFs are a little better but they are still over-valued. There is some hope with small and mid caps. I am not sure they are undervalued but at least they are less over-valued..This pattern offers a valuable insight for strategic planning. Despite these trends, i have delve deeply into active trading and managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Haley Eleanor , whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
The true financial unlock comes when you understand and know the technique required to manage your investment's overall risk profile and avoid permanent capital loss. It is critical to have a strategy in place to capitalize on profits when they occur.
@@zuleyhaikbalunal6752 I have an autoimmune condition called alopecia areata (severe version). Started mid 2023 and been changing every month. Lost 95% of my hair by Xmas and now have no eyebrows lol
@@lukewiles1 Not sure you're familiar with it but I also have auto immune condition and the carnivore diet fixed it for me. Just sharing the info, I know it's frowned upon by many people but being open minded about it was the best decision I made. Hope you get well soon
@@lukewiles1I almost lost my arm in a bus accident. What I took back from that experience is to be thankful for what you have. Your able to walk, you have all your limbs, no severe back/spine issues. Got to be thankful for that🙏
Its a shame to need to invest in order to even consider buying, this country cannot support its own people and somehow even with free health care and cheap education they found a way to destroy the cost of living here, im even considering just moving back to the US. I may need to pay for health insurance, but it sure beats paying $500 a week for 30 years for a house that bearly meets the basic standards.
Unless a min 10% capital gain year on year is guaranteed Property Investment is a bad investment. Last 7 years here in Melb have gained 10-15% at best. Absolute dud
Will the bank lend you 500k to buy shares though? Buy a 500k house with the banks money and rent it out. Sit on it for 10+ years then sell and pay the bank back and see how much is left over.
@@MarkMiller-mj9cp Being able to use leverage doesn't make the underlying investment is necessarily better though. And yeah, see how much is 'left over' after you also consider all the ownership costs associated with real estate.
The BEST EVER property-buying scheme was called (by the Hippies!) the 'Commune'. A group of basically homeless people got together and bought a suitable share-property for a tiny price each. (usually a 'Bush Block' with virtually NO 'extras' except onsite water supply) that provided enough room for, say, a dozen 'Owner-Builder' houses that suited themselves, with much assistance from everybody else on the property; each on its own acre or two ; all without the endless grossly-overpriced 'documentation' that was the norm. I knew of several such 'communes' of about 20 families that scraped together the smallest possible deposit and paid it off with the dole-money. I still have friends who live on them 55 years later. Nobody knows OR CARES about 'investment gains', because that's NOT (and never has been) the purpose of buying a HOME; a place to BE! It could still work, with adjustments. All it'll take is some digital-savvy kid to put it all together ~probably online.
I am 34 and renting, impossible for me to break into the market although I earn good pay. My mates and I constantly talk about buying up a block and chucking on some caravans, live communally. It's a nice idea, but complicated in reality - you're restricted by council zoning, the price of raw materials (timber is expensive), power and water requirements and installation, even neighbours who don't like the idea. Lots of developers out there as well who snap all the land up quickly to build those rows and rows of ugly black-shingle-roofed "modern" semis.
@@aurus6483 And getting harder to 'break into the market' as time passes. I speak from decades-long experience when I say 'DON'T PLAY ANY GAME WHERE OTHERS SET THE RULES/PARAMETERS. EVER.' Over a lot of years I've developed five properties (here in Australia, where the bureaucracies also grow like a rabid cancer) and in the process had a lot of experience in avoiding the hurdles you mention; and can assure you that they CAN be avoided. (The Hippies got around them when setting up THEIR communes; and the main messsage is DON'T tell anyone anything. Just DON'T play the games. I'm 77 and if I had a week to spare I'd go into details!) Each property I bought was a 'bush-block' and largish acreage: cheap enough if you're willing to get far enough out. The only exception was the first place: just 4.5 acres on a river/creek in very attractive forest a couple of miles from Marysville (Victoria) and only about 50 miles from the CBD in Melbourne. It cost me $9000 (cash of course!, but a long story). Did the legals myself (info. everywhere available) and them 'disappeared' off the official books/systems. Over the next 12 months I built a 26-square MUDBRICK (way-to-go!) house with every component (plumbing/electrical/etc.) bought from demolition sites/etc. and installed by ME. (had to build a large 5-ton trailer to bring home the ex-sec. poles, but was loaned a truck by a demolition company to bring home the glass already loaded.) Including the septic-system. Total price $8700 cash. (Nothing to it.) A bit of imagination and a strong back was all that was needed. I don't know whether 'the authorities' ever found out about it (though there was no secret: people for miles around knew I lived there) but for the next eight years I continued to pay rates on a vacant block. The rates notice being sent to THAT address. (and in this digital age it's even easier to confuse the system! I sold the place (very attractive and self-sufficient-living) for $145k to a large Italian family who loved it. At the time a holiday-humpy up in the town on a small quarter-acre was selling for less than that.) Moved to Northern NSW and bought 160 acres of the prettiest rainforest for $12000: lotsa land available but further out from the mod-cons. Repeated the process. Out of time and space. The point is: It CAN be done. You just need to stay RIGHT OUT of the 'system'. There's more, but must go. Get back to me here or: dabbblesATgmailDOTCOM if you want more. Cheers
@@aurus6483 And getting harder to 'break into the market' as time passes. I speak from decades-long experience when I say 'DON'T PLAY ANY GAME WHERE OTHERS SET THE RULES/PARAMETERS. EVER.' Over a lot of years I've developed five properties (here in Australia, where the bureaucracies also grow like a rabid cancer) and in the process had a lot of experience in avoiding the hurdles you mention; and can assure you that they CAN be avoided. (The Hippies got around them when setting up THEIR communes; and the main messsage is DON'T tell anyone anything. Just DON'T play the games. I'm 77 and if I had a week to spare I'd go into details!) Each property I bought was a 'bush-block' and largish acreage: cheap enough if you're willing to get far enough out. The only exception was the first place: just 4.5 acres on a river/creek in very attractive forest a couple of miles from Marysville (Victoria) and only about 50 miles from the CBD in Melbourne. It cost me $9000 (cash of course!, but a long story). Did the legals myself (info. everywhere available) and them 'disappeared' off the official books/systems. Over the next 12 months I built a 26-square MUDBRICK (way-to-go!) house with every component (plumbing/electrical/etc.) bought from demolition sites/etc. and installed by ME. (had to build a large 5-ton trailer to bring home the ex-sec. poles, but was loaned a truck by a demolition company to bring home the glass already loaded.) Including the septic-system. Total price $8700 cash. (Nothing to it.) A bit of imagination and a strong back was all that was needed. I don't know whether 'the authorities' ever found out about it (though there was no secret: people for miles around knew I lived there) but for the next eight years I continued to pay rates on a vacant block. The rates notice being sent to THAT address. (and in this digital age it's even easier to confuse the system! I sold the place (very attractive and self-sufficient-living) for $145k to a large Italian family who loved it. At the time a holiday-humpy up in the town on a small quarter-acre was selling for less than that.) Moved to Northern NSW and bought 160 acres of the prettiest rainforest for $12000: lotsa land available but further out from the mod-cons. Repeated the process. Out of time and space. The point is: It CAN be done. You just need to stay RIGHT OUT of the 'system'. There's more, but must go. Get back to me here or: dabbblesATgmailDOTCOM if you want more. Cheers. (computer playing up: sent the above a coupleof days ago but can't see it here now. Get in touch for suggestions)
I’m shocked that you said dabble in crypto. I know that what everyone does including myself. But it’s shocking that it has come to this. A moon shot that’s not guaranteed
Crypto has NO USE and therefore NO VALUE;no matter how much the self-appointed 'clever people' babble on about it. Ditto gold. It's all shit you can't feed your kids if the SHTF; and you can't even wipe your arse with it.
I would say QLD. WA is heavily reliant on one industry whereas QLD has a much more diverse economy, so will be better at weathering the economic cycles
@@foresthill8462 thanks mate. that’s what i think too. wa seems to have run its course and not much room left for as much growth as qld. and also their housing goes in cycles
All THAT gets you is a broken foot! Find an entirely different approach that is NOT determined by other people. eg. DO NOT 'take out a mortgage'. If things get REALLY difficult take twenty of you mates and go camp (or caravan) on the Prime Minister's front lawn. And refuse to move! WTF can they do with you?
The Truth is there is people walking around in Australia drinking tap water with rainbow flags 🏳🌈..That's what's going on Mate..Let me tell you..Oh yess.
You're giving advice on the good times riding the property boom 💥 where literallyany idiot woth a deposit could succeed with or without tennants sitting on their property......have you watched the video called "how the economy machine works?" Because that's the advice you should be giving Because now only the rich can afford a property and people don't want the debt
Supply and demand is wayyy too strong for any substantial drop. Until our lords cut immigration numbers or disallow outside investing can’t see any drop for decades
Or liberal. Or politicians. WHYTF woulda person with a brain vote to install a bossy, stupid ersatz mummy? OR hand over taxes on demand to feed the fucking things?
Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments, How you diversify your investment portfolio matters.
The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!! 😆
Diversification is the key. My portfolio is well diversified with the help of a financial adviser. This helps me make more than +400% monthly on my investments.
I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
JULIANNE IWERSEN NIEMANN
I know this lady you just mentioned. Julianne Iwersen Niemann Services is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Julianne Iwersen Niemann has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
Houses shouldn’t be investment, they should be homes, 3 kids 140k a year and I have no idea how I’ll ever save 60-80k for a deposit, absolutely fucked our housing market thanks guys
No worries brother
I agree, houses and homes should not be up for investment of any kind and especially foreign buyers that don't live here.
It's nice to have a second property as an investment to sell it, then use that money you've made to pay your current home off and live debt free.
@@AmandaHugnkiss-kp3fy I agree but that mindset doesn’t work, it only inflates a asset that does absolutely nothing for our economy we need to go back to building small businesses that will drive our economy forward, this way of thinking is the easy option but not the best and we know that things that come easy are ?
All good mate, once you save that money I've got a couple you can buy. Out of interest, interesting strategy choosing to have 3 kids before you buy a house to put them all in.
Can you walk us through the math?
Average wage when I bought my first house in 1987 was $25k. House in Inner Bne cost me $60k. Interest rates then over 14%.
Same house today in original condition $1mil. Avge wage today under $100k but interest rates climbing north of 6% with loans in excess of $700k. An impossible metric for young first home buyers!
Congratulations Boomer.
@@aron.gortman g
@@aron.gortman Why thank you, but don’t forget there are many thousands of Boomers that rent and don’t own a house. It was their lifestyle choice ol mate!
@@sallyjohnson5985 You'd really have to be a complete life failure as a Boomer to be in that position. Let us be honest.
Don't worry Sally, blaming everyone else is easier than actually getting off your behind and doing something about it. This is the new generation.
Fin fact, at the current rate of increase, by 100 years, the average cost of a house will be something in the range of $124 QUADRILLION dollars.
Another good video with accurate information! Hit 180k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024.🚀🤩
Wow, that's more than a mouthful of profits you're making. How do you achieve this feat consistently? You must be a genius!
I'm 61yrs and have been looking for ways to be successful?
Honestly speaking, I will continue to trade and stick to Sylvia nicolas daily analysis and guides as long as it works well for me..
For real? I'm super excited. Sylvia Nicolas strategy has normalized winning trades for me also. and it's a huge milestone for me looking back to how it all started.
That's true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
These videos get me so stressed. I just lost my job and was about to break in to the market.
Go Darwin, same pay half price of houses
You don’t need a property portfolio to be happy
Shelter is important though, including in retirement.
I always hear "wages are increasing" yet mine doesn't. Who are these people with the ever increasing wage?
It'd be the prime minister.
@@hermesliteratus882 off with their heads I say 🤣
What bank, in the history of Australia, has ever allowed someone to buy a property with a 5% deposit?? Minimum is and has always been 10%. Lenders mortgage insurance waived for most with 20% deposit. Only doctors and lawyers get that waived with a 10% deposit.
I reckon some alternative lenders would be willing to lend at 5% deposit (with LMI, of course), but they'd charge a considerably higher interest rate than your typical banks.
I bought 16 years ago 5% deposit through Suncorp.
Google it, there are plenty of ways to get into the property market with under a 20% deposit. A multitude of ways.
The property ship has definitely sailed. Even as an investor, there is nothing left to invest in. The level of risk is off the charts, and you are guaranteed to be negatively gearing any purchase. What's the point?
With that attitude You’re right!
@@chookie131 It isn't a question of attitude. It's a question of maths. Good luck finding value in Australia.
Property market has definitely not sailed. It will keep going up. It's the best long term investment anyone can make.
@@keepitreal2902 alread have sweetie! Unlike you I have a great attitude and don’t play the victim. Can’t buy in your neighbourhood ?? Then look
Elsewhere and rent vest. You need to look outside the box and change your attitude. I bought 3 properties over the past 3 years… all gone up over $100k. I just bought another one. How? Better attitude and research. Stop winging! And have a go get em attitude! Property is rightly or wrongly going to increase in most capital cities as the stock levels are so very low. Get in! Don’t be a negative Nelly on TH-cam 🤘🏾🤘🏾🤘🏾
@@MarkMiller-mj9cp yep!
Thank you so much, I just heard you say don't buy a new build, buy established.
Hell yeah, we will just keep scratching each other's backs.
AUSSIE AUSSIE AUSSIE!!!
It shouldn't be like this, average houses where 3 to 4 times the average wage, now it's over 10, and particularly with inflation and rents and energy sky-rocketing, saving anything significant for younger people is essentially impossible.
Nope. Best to get on the ladder now.
Sure prices may dip or even go back teo consecutive periods, but you cannot show me a townhouse or detatched house (not an apartment) that has gone down in the last 5, 10, 15 year period.
Youre always a winner on property with land. Even if you intend to use it as a PPOR and never buy an IP. You still have the equity in the future to redraw on to renovate, travel, buy a new car etc. or sell up for a profit and downsize once you pay it off and want to gear down at work.
One place not sustainable is Ipswich qld one reason is floods places in Ipswich that have not flooded will in time
Awesome video, Gracias,! I think the market is over-heated. And I am concerned that people are focusing less on fundamentals and just chanting the mantra of dollar cost averaging and driving the market higher without considering fundamentals. It is a catch-22 for me. I mean I like crypto prices going higher but I also hate buying over-priced market and ETFs. Personally, I have stopped buying growth ETFs- they are ridiculously over-valued. Dividend crypto and ETFs are a little better but they are still over-valued. There is some hope with small and mid caps. I am not sure they are undervalued but at least they are less over-valued..This pattern offers a valuable insight for strategic planning. Despite these trends, i have delve deeply into active trading and managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Haley Eleanor , whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
YES!!! That's exactly her name (Haley Eleanor )so many people have recommended highly about her and am just starting with her from South Savo 🇫🇮
She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
The true financial unlock comes when you understand and know the technique required to manage your investment's overall risk profile and avoid permanent capital loss. It is critical to have a strategy in place to capitalize on profits when they occur.
How can I get in touch with Haley Eleanor? What are her offerings?
Oh yeah sure, she's active on What's ApK
Elbows property portfolio is far more important than us serfs. FMD.....
what happened to you Luke 😮, I hope you can get well soon 🌹
@@zuleyhaikbalunal6752 I have an autoimmune condition called alopecia areata (severe version). Started mid 2023 and been changing every month. Lost 95% of my hair by Xmas and now have no eyebrows lol
@@lukewiles1 Not sure you're familiar with it but I also have auto immune condition and the carnivore diet fixed it for me. Just sharing the info, I know it's frowned upon by many people but being open minded about it was the best decision I made. Hope you get well soon
@@lukewiles1Autoimmune problems can be reversed...change your diet to improve your health. Carnivore is the BEST ABSOLUTELY!
@@lukewiles1I almost lost my arm in a bus accident. What I took back from that experience is to be thankful for what you have. Your able to walk, you have all your limbs, no severe back/spine issues. Got to be thankful for that🙏
Why a portfolio
Why not a home .. a realistic house to home you your family if you plan to have one .. into the future …
Good video, where abouts Is your place in Coffs? Currently looking at a place myself near the jetty area.
How is your investment going?
I'd rather be homeless than live in Coffs.
I hate it when i get stuck staring when eyebrows the description..
Good info.Thanks
Its a shame to need to invest in order to even consider buying, this country cannot support its own people and somehow even with free health care and cheap education they found a way to destroy the cost of living here, im even considering just moving back to the US. I may need to pay for health insurance, but it sure beats paying $500 a week for 30 years for a house that bearly meets the basic standards.
The borders are not just open, they are a torrent. This is the actual problem.
Unless a min 10% capital gain year on year is guaranteed Property Investment is a bad investment.
Last 7 years here in Melb have gained 10-15% at best. Absolute dud
Not sure if your aware but there are properties in other states And gotten over 3-15% annual gains.
Will the bank lend you 500k to buy shares though? Buy a 500k house with the banks money and rent it out. Sit on it for 10+ years then sell and pay the bank back and see how much is left over.
@@MarkMiller-mj9cpAustralia real estate is the mother of all bubbles. Stock has increased and the fall of China will trigger the s. show. Watch out
@@MarkMiller-mj9cp Being able to use leverage doesn't make the underlying investment is necessarily better though.
And yeah, see how much is 'left over' after you also consider all the ownership costs associated with real estate.
The BEST EVER property-buying scheme was called (by the Hippies!) the 'Commune'. A group of basically homeless people got together and bought a suitable share-property for a tiny price each. (usually a 'Bush Block' with virtually NO 'extras' except onsite water supply) that provided enough room for, say, a dozen 'Owner-Builder' houses that suited themselves, with much assistance from everybody else on the property; each on its own acre or two ; all without the endless grossly-overpriced 'documentation' that was the norm. I knew of several such 'communes' of about 20 families that scraped together the smallest possible deposit and paid it off with the dole-money. I still have friends who live on them 55 years later. Nobody knows OR CARES about 'investment gains', because that's NOT (and never has been) the purpose of buying a HOME; a place to BE! It could still work, with adjustments. All it'll take is some digital-savvy kid to put it all together ~probably online.
I am 34 and renting, impossible for me to break into the market although I earn good pay. My mates and I constantly talk about buying up a block and chucking on some caravans, live communally. It's a nice idea, but complicated in reality - you're restricted by council zoning, the price of raw materials (timber is expensive), power and water requirements and installation, even neighbours who don't like the idea. Lots of developers out there as well who snap all the land up quickly to build those rows and rows of ugly black-shingle-roofed "modern" semis.
@@aurus6483 And getting harder to 'break into the market' as time passes. I speak from decades-long experience when I say 'DON'T PLAY ANY GAME WHERE OTHERS SET THE RULES/PARAMETERS. EVER.' Over a lot of years I've developed five properties (here in Australia, where the bureaucracies also grow like a rabid cancer) and in the process had a lot of experience in avoiding the hurdles you mention; and can assure you that they CAN be avoided. (The Hippies got around them when setting up THEIR communes; and the main messsage is DON'T tell anyone anything. Just DON'T play the games. I'm 77 and if I had a week to spare I'd go into details!)
Each property I bought was a 'bush-block' and largish acreage: cheap enough if you're willing to get far enough out. The only exception was the first place: just 4.5 acres on a river/creek in very attractive forest a couple of miles from Marysville (Victoria) and only about 50 miles from the CBD in Melbourne. It cost me $9000 (cash of course!, but a long story). Did the legals myself (info. everywhere available) and them 'disappeared' off the official books/systems. Over the next 12 months I built a 26-square MUDBRICK (way-to-go!) house with every component (plumbing/electrical/etc.) bought from demolition sites/etc. and installed by ME. (had to build a large 5-ton trailer to bring home the ex-sec. poles, but was loaned a truck by a demolition company to bring home the glass already loaded.) Including the septic-system. Total price $8700 cash. (Nothing to it.) A bit of imagination and a strong back was all that was needed.
I don't know whether 'the authorities' ever found out about it (though there was no secret: people for miles around knew I lived there) but for the next eight years I continued to pay rates on a vacant block. The rates notice being sent to THAT address. (and in this digital age it's even easier to confuse the system! I sold the place (very attractive and self-sufficient-living) for $145k to a large Italian family who loved it. At the time a holiday-humpy up in the town on a small quarter-acre was selling for less than that.) Moved to Northern NSW and bought 160 acres of the prettiest rainforest for $12000: lotsa land available but further out from the mod-cons. Repeated the process.
Out of time and space. The point is: It CAN be done. You just need to stay RIGHT OUT of the 'system'. There's more, but must go. Get back to me here or: dabbblesATgmailDOTCOM if you want more. Cheers
@@aurus6483 And getting harder to 'break into the market' as time passes. I speak from decades-long experience when I say 'DON'T PLAY ANY GAME WHERE OTHERS SET THE RULES/PARAMETERS. EVER.' Over a lot of years I've developed five properties (here in Australia, where the bureaucracies also grow like a rabid cancer) and in the process had a lot of experience in avoiding the hurdles you mention; and can assure you that they CAN be avoided. (The Hippies got around them when setting up THEIR communes; and the main messsage is DON'T tell anyone anything. Just DON'T play the games. I'm 77 and if I had a week to spare I'd go into details!)
Each property I bought was a 'bush-block' and largish acreage: cheap enough if you're willing to get far enough out. The only exception was the first place: just 4.5 acres on a river/creek in very attractive forest a couple of miles from Marysville (Victoria) and only about 50 miles from the CBD in Melbourne. It cost me $9000 (cash of course!, but a long story). Did the legals myself (info. everywhere available) and them 'disappeared' off the official books/systems. Over the next 12 months I built a 26-square MUDBRICK (way-to-go!) house with every component (plumbing/electrical/etc.) bought from demolition sites/etc. and installed by ME. (had to build a large 5-ton trailer to bring home the ex-sec. poles, but was loaned a truck by a demolition company to bring home the glass already loaded.) Including the septic-system. Total price $8700 cash. (Nothing to it.) A bit of imagination and a strong back was all that was needed.
I don't know whether 'the authorities' ever found out about it (though there was no secret: people for miles around knew I lived there) but for the next eight years I continued to pay rates on a vacant block. The rates notice being sent to THAT address. (and in this digital age it's even easier to confuse the system! I sold the place (very attractive and self-sufficient-living) for $145k to a large Italian family who loved it. At the time a holiday-humpy up in the town on a small quarter-acre was selling for less than that.) Moved to Northern NSW and bought 160 acres of the prettiest rainforest for $12000: lotsa land available but further out from the mod-cons. Repeated the process.
Out of time and space. The point is: It CAN be done. You just need to stay RIGHT OUT of the 'system'. There's more, but must go. Get back to me here or: dabbblesATgmailDOTCOM if you want more. Cheers. (computer playing up: sent the above a coupleof days ago but can't see it here now. Get in touch for suggestions)
I’m shocked that you said dabble in crypto. I know that what everyone does including myself. But it’s shocking that it has come to this. A moon shot that’s not guaranteed
Crypto has NO USE and therefore NO VALUE;no matter how much the self-appointed 'clever people' babble on about it. Ditto gold. It's all shit you can't feed your kids if the SHTF; and you can't even wipe your arse with it.
where should i be buying ? suburb wise, qld or wa?
Both
I would say QLD. WA is heavily reliant on one industry whereas QLD has a much more diverse economy, so will be better at weathering the economic cycles
@@foresthill8462 thanks mate. that’s what i think too. wa seems to have run its course and not much room left for as much growth as qld. and also their housing goes in cycles
Start small and buy cheap to get your foot in the door.
All THAT gets you is a broken foot! Find an entirely different approach that is NOT determined by other people. eg. DO NOT 'take out a mortgage'. If things get REALLY difficult take twenty of you mates and go camp (or caravan) on the Prime Minister's front lawn. And refuse to move! WTF can they do with you?
Boomer mindset
The Truth is there is people walking around in Australia drinking tap water with rainbow flags 🏳🌈..That's what's going on Mate..Let me tell you..Oh yess.
I’m mad as hell!!!
Another million immigrants by next year and the next
Lets expand this country. After all its all forcefully aquired land from indian migrants who came here millions of years ago.
@jobinjoseph5205 there were people before them
They got eaten
All this for a sales pitch....
Rich parents.
If anyone is interested in co-won a home, I am in.
You're giving advice on the good times riding the property boom 💥 where literallyany idiot woth a deposit could succeed with or without tennants sitting on their property......have you watched the video called "how the economy machine works?" Because that's the advice you should be giving Because now only the rich can afford a property and people don't want the debt
It’s back to benefiting the wealthy, and out of reach for the average person. The Australian dream is dead!
Why would we trust you
True buy home with bigger land..
What’s happened with your eyebrows?
Auto immune condition called alopecia areata
@@lukewiles1 Hope you get better.
@@lukewiles1 Hope it all goes well
@@lukewiles1 I was wondering the same thing. Hope it gets better. I heard PRF is good for it.
I thought the same. Originally thought your mates must have got you good re prank
😂
it is going to crash if you all stop listening to these people who say prices go up, otherwise it will cash in near future
Wishful thinking mate...you do nothing and we'll see who's rich even 3 months from now.
😂😂😂😂
@@lionheart1727 of course a Chinese cardboard in Ryde worth 1MM AU pesos
@@lionheart1727 you must be a landlord want to keep prices going up up up
Supply and demand is wayyy too strong for any substantial drop. Until our lords cut immigration numbers or disallow outside investing can’t see any drop for decades
The same people complaining about how bad the economy is are the same people who voted labour 🤦🤦♀️🤦♂️
Or liberal. Or politicians. WHYTF woulda person with a brain vote to install a bossy, stupid ersatz mummy? OR hand over taxes on demand to feed the fucking things?