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Offline amgsl55

  • Tooth hurty

  • Joined: Feb 2011

  • Location: Adelaide
300k land
1.3m construction

personally i cant wait until i stop using the banks but thats me

the ratio's dont seem right, but I guess it depends on what you're building.

I meet with my bank manager every year to see how much I can borrow that year, all short term debt, but I dont thinbk I'll ever be out of debt till I fully retire.



Offline mondi

  • Resident Bogan
  • Moderator

  • Joined: Jul 2008

  • Location:
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the ratio's dont seem right, but I guess it depends on what you're building.

I meet with my bank manager every year to see how much I can borrow that year, all short term debt, but I dont thinbk I'll ever be out of debt till I fully retire.

Hmmmmm, Industrial Shedding is the other way around here. The land is the killer, building the Sheds is pretty cheap.....






Offline mattyg

  • Adelaide -

  • Joined: Sep 2012

  • Drives: Audi Q5
  • Location: Adelaide
  • Name: Matt G
the ratio's dont seem right, but I guess it depends on what you're building.

I meet with my bank manager every year to see how much I can borrow that year, all short term debt, but I dont thinbk I'll ever be out of debt till I fully retire.

could have been a multi-unit block on reclassified land he purchased a while ago. eg: farming - residential



Offline the360


  • Joined: Oct 2012

  • Location: Sydney
the ratio's dont seem right, but I guess it depends on what you're building.

I meet with my bank manager every year to see how much I can borrow that year, all short term debt, but I dont thinbk I'll ever be out of debt till I fully retire.

400k deposit on land



Offline amgsl55

  • Tooth hurty

  • Joined: Feb 2011

  • Location: Adelaide



Offline mondi

  • Resident Bogan
  • Moderator

  • Joined: Jul 2008

  • Location:
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What the hell did you sell to rackup fees like that.

Turned over a lot of product.

And that was over a few different seller accounts.

Game Consoles and stuff - Car parts - Holistic Healing and Crystals(lol – don’t ask :p)



Offline amgsl55

  • Tooth hurty

  • Joined: Feb 2011

  • Location: Adelaide



Offline mattyg

  • Adelaide -

  • Joined: Sep 2012

  • Drives: Audi Q5
  • Location: Adelaide
  • Name: Matt G
:eye-popping:

buy for 50c as rocks sell for $5 as "holistic healing rocks"

did you sell the power bands as well lol



Offline mattyg

  • Adelaide -

  • Joined: Sep 2012

  • Drives: Audi Q5
  • Location: Adelaide
  • Name: Matt G
400k deposit on land

enjoy the journey ill be there one day :) (ill just learn all the stuff from you blokes :))



Offline mondi

  • Resident Bogan
  • Moderator

  • Joined: Jul 2008

  • Location:
  • Drives:
:eye-popping:


If there is a market out there, why not take advantage of it......    :p



That was the missus' little venture, the Tantric Sex workshops were a lot of fun I must say!!    :D



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