Hi,
I have managed the finish reading the book 0-130 properties all yesterday which is a big achievement in itself for me as I have never managed to read a book in the pass beside my university text books as all other books have been so boring, so congrats on such a easy to read book steve.
My question is I have spent last 4 hours looking up domain and Real-estate.com for properties and no matter what, I cant find one that passes the 11 sec Rule, so does this really work and if yes what is it that I am doing wrong ?Originally posted by underdog:
My question is I have spent last 4 hours looking up domain and Real-estate.com for properties and no matter what, I cant find one that passes the 11 sec Rule, so does this really work and if yes what is it that I am doing wrong ?Your not doing anything wrong – it does work – you just have to look harder and look outside the square so to speak.
Please as I tell everyone – it is not a Rule – it is just a guide. Don’t lket this be the benchmark on which you purchase properties. If you do, you’ll get nowhere. You have to learn how to create creative deals. Not even Steve goes by it anymore – he has a new equation that supersedes the 11 sec equation.
Kind Regards,
George.I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Hi,
Great effort on finishing the book – especially if you’re not usually a bookworm.
Not even Steve goes by it anymore – he has a new equation that supersedes the 11 sec equation.Actually… I still DO use it, however have gone a few steps further in my analysis too.
Just wait a few more weeks and all will be revealed in Book #2… now due for release on 27/9/04.
Bye,
Steve McKnight
**********
Remember that success comes from doing things differently.
**********Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
Steve,
Thanks for the reply Steve i was actually surprised to hear from you, so much appreciated, i purchased a property with my gf last year 12 km outside Melbourne in west Preston we have rented it out for $230 a week with all the agents fee’s aside we still have to put in $1000 a month for the bank loan which is $300 000, unfortunately i have a expensive taste for cars and other things so i am stuck in a cycle of working and spending , i pay all my bills so i am never behind on credit card or other bills and we do manage to save around $1000 a month, but as i am 26 i don’t really want to work hard and someone else like my employee to rip the rewards , so i will definitely purchase your new book and hopefully get some runs on the board and get a few properties under my belt, people like yourself inspire me and its really good to see even though with all your success you are still humble , keep it up Steve.George,
Thanks for taking time to reply , i will deff take your advice on board.Thanks
Hey underdog,
Just wanted to add a small “congrats” for purchasing the West Preston property. I lived in Preston for many years, before I moved further out north. I can safely say that the price you paid for the property 12 months ago, was well spent. Although Preston has had good growth over the last few years, it is expected to go through another spurt in the next decade. And being only 12km from the CBD it is definitely in a good locale!!!
Cheers,
Jo
Thanks for the positive feed back JO
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