View Single Post
Old 19-03-2014, 11:56 PM   #21
nuthin' fancy
Lyminge, Shepway, Kent
 
nuthin' fancy's Avatar
 
Join Date: Oct 2008
Location: Geelong - Go Cats
Posts: 3,197
Default Re: Can you buy, renovate and then sell houses for a living?

Quote:
Originally Posted by Dr Jekkyl View Post
You could just start gambling instead - it's all speculative.

Then again it's a much safer bet because the Aussie Politico-Housing complex has got your back and they sure aren't going to let anything that they can control to derail their gravy train. Even if it does the taxpayer has your back!

You cannot lose!!!!!!

Buy as many properties as you can......NOW!!!!!!!!!!!

Leverage, leverage, leverage!!!!!!!!

Don't forget:
1. Property doubles in value every 7 years....always
2. They aren't building anymore land
3. It's different here
4. Transaction costs and fees are not counted in profit projections
There had to be one.

How do you invest your money?
__________________
Mel Brooks sums it up best;

"Comedy is when you fall into an open sewer and die, tragedy is when I get a paper cut"
nuthin' fancy is offline   Reply With Quote
This user likes this post: