All Forum Posts by: Robert Steele

From what I understand the RE market in Sydney is still in fantasy land. I guess that was what you get from a China fuel commodity boom over the past decade.

I would not buy a property there for all the Vegemite in the world!

As someone who has surpassed that cash flow number after 15 years since starting out I have two pieces of advice for you:

1) don't buy junkers if you plan on retiring on their backs - they will not appreciate in price or rent compared to desirable places. Instead by near new construction so that you won't get hit with heaps of maintenance when you are retired on them

2) RE is a get rich slow scheme

 Hahah! Priceless .. :)

 I had one too a few years back. Accessory to murder when he was younger. It was very difficult for him and his family to find a place to rent. He was a great tenant for 4 years before moving on.

 Yes. I have done this twice when accepting cashiers checks for car sales.

 Oh comon! Show me where it says that people from out of state are a protected class.

Sorry it is much harder to scan through the forum posts because of the "posted by" or "in forum" line underneath with a similar font and size.

State law says I can have a sign up to 6 x 4 feet or there abouts. I don't recall the exact dimensions but it was huge. I would think that State law would supersede any City ordinance.

You betcha!

I have read the part about this particular new by law.

I know what you mean about just because it is a by law doesn't make it legal. My own HOA told me to take down a political sign in my front yard. I read the CC&Rs and sure enough the by law was in there. I then proceeded to read State law and found that it is illegal for a HOA to impose restrictions on displaying political signs for some period before the election and some period following. I told the HOA to shove it. Next time I will be putting the maximum size allowed in my yard, something like 6 x 4 feet instead of the little 2 x 1 I used last time. Just to rub it in :)