All Topics / Help Needed! / 11 Second Solution
Hi My name is Nick I would like to find out how you can possibly find property for sale that is positive geared by using the 11 second formula. I looked at over 1000 propeties and using this formula not one property would have gave passive income. Yet your book sates 0 to 130 properties in 3.5 Years. How many properties did you lokk at before reaching 130 It must have been millions????
Hint: The search function is your friend
“Looking forward to the day when I can tell the boss where to go”
Hint #2: look at year the 0-130 book was written and the price of properties at that time.
As Myydral said, use the SEARCH function (left hand side of screen) put in the keywords “11 second” AND in the area asking SEARCH IN select the option SUBJECT ONLY and you will get numerous pages of posts on the topic.
Enjoy!!!
They’re definitely around, Nick. I just sold one. Some of them don’t hit the open market – I sold through a buyers agent.
Tax Depreciation Schedules
Australia wide service
1300 660033
[email protected]
http://www.depreciator.com.auHint 3: Look in areas away from capital cities or major regional areas.
Robert Bou-Hamdan
Mortgage AdviserM: 0414 347 771
E: [email protected]
W: http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd
Just because a property meets the 11 sec rule, doesn’t mean that it is a good property. beware.
Terryw
Discover Home Loans
Mortgage Broker
Click below to email meTerryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
You must be logged in to reply to this topic. If you don't have an account, you can register here.