I’ve received the sales letter & CD (interview with the 2 guys who are presenting this one-off event) from Break Free Events about this weekend seminar. And I have also downloaded the 2nd interview from http://www.worldinternetwebcast.com/

As a marketing & sales professional for over 20 years now (boy does time fly…), I would highly recommend…[Read more]

Thanks for your input Patrick.

I’m very surprised & disappointed that noone else can provide feedback on this important topic. After all the most important thing in any investment is the numbers.

The +ve cashflow calculator helps with the first part of the worksheet. Is there any more feedback on this part and especially the subdivision…[Read more]

Dolf De Roos in Real Estate Riches has a very smart tactic to get trades people to start work on his jobs quickly, a good job and maybe a good price. And it has nothing to do with the usual BS of promising more work for them in the future (all trades hear this crap & lies all the time).

He tells them when they are doing the quote that upon…[Read more]

Thanks guys.

Bugger it! I just posted a long reply but didn’t log on to this forum first, so it deleted my post – maybe Steve, it should keep the post saved after login.

So, all I’ll say now is that the solicitor said exactly what Betterbiz said. And my millionaire mate who owns a trading company & super fund, controls 4 companies to keep his…[Read more]

Don’t warry too much about the “ethics” of low-balling. Because in reality ethics doesn’t come into it. All you are doing is putting in an offer in a free democratic market.

If they accept your low offer fine. In not, they counter-offer or refuse to deal with you outright (that’s their ego getting in the way).

You are not ripping anyone off if…[Read more]

A look at your spreadsheet would be greatly appreciated. I assume you are calculating an Inetrnal rate of Return…

Please send to: [email protected]

Thanks,

David Paxton
“You Only Live Twice”

Yes that was me Mike.

I don’t think I saw you there on that side. You must have been near the blonde lady who bought one.

Goodnight [^]

David Paxton
“You Only Live Twice”

Mini,

Good work there!

How much cash did you put in each deal? Or did you gear it up 100%+? That is, no money down.

Either way your cash on cash return must look very good.

Good luck with the tenants & property manager.

Cheers,

David Paxton
“You Only Live Twice”

Hey Mike,

Where were you sitting at the auction last night?

I was near the front row on the far RHS.

Are you the guy with the moustache (bidding #A8), or his friend, who were sitting nearly behind me? If so, remember I said hello, & I’ve seen you at the other auctions.

I just saw the MB catalogue & the auction time is 3pm on Thursday. As a…[Read more]

Liviwell,

Just take note though – although the numbers look good, they may be hard to rent out quickly. One property manager told me vacancy rates are about 2-3%. But you must buy in the right parts of the town.

Check out Elders RE for any country auctions.

Weston,

I didn’t get this guy’s name, but he would be an Italian, 30’s, balding and…[Read more]

Rod,

I am interested in how you find out the sales history for porperties in NZ?

Thanks,

David Paxton
“You Only Live Twice”

P.S. Oh by the way, Tassie is looking good.

Just been searching here tonight. Many properties found under $50k. Some daggy, and some looking very good – at least on the digital photos anyway (but I can’t imagine any would be doctored would they? ).

Cheers,

David Paxton
“You Only Live Twice”

Thanks Westan! Great posts.

In Adelaide most of those cheap properties in Elizabeth are going for $90K +.

I could kick myself for not being aware of this as I have owned my various PPOR’s totally freehold since about 1995. Grrrr……

And I agree, amongst other things, the big promotions of property through books, seminars, TV, etc has pushed…[Read more]

Jimmy,

Why not call a few PM’s (property managers, that is) in PP?

They should give you a reasonable idea what the vacancy (or occupancy) rate would currently be for the type of property you are looking at.

This would give you the best & most realistic rates, if there are no stats. available on vacancy rates in the town from organisations such…[Read more]

It is possible that these top 10 growth areas would be not on our top 10 for +ve cashflow properties in a “buy & hold” situation. As they maybe be peaking now.

However a good bargain may still be found there if you look hard enough.

But maybe nearby there are “sleeper” towns or regions that will be next to grow.

Interesting times ahead with…[Read more]

Hi,

I’m from Adelaide too.

There appear to be some regional propeties that would be +ve on a “buy & hold” strategy.

As the RE market is softening, there may be more opportunities from now on.

Cheers,

David Paxton
“You Only Live Twice”

Thanks Snowgum.

Saw this guy’s article in a recent issue of API.

One problem with his chekclist…. he reloes a lot on an architect/draftsman to handle council application.

Watch out! That strategy can cost you $1,000’s more. Many in my home town rip developers off! Just today one lady told me her architect in Port Lincoln was going to charge…[Read more]

Yep Bill….

That’s SA for ya….

And no indication or our state govt dropping SD rates…they’re making a bloody fortune now!!!

Yeah, Mr Rann, why not be fair to us? Maybe you should spend more time working on a fairer system than getting in front of the TV cameras…

My 2 cents worth!

David Paxton
“You Only Live Twice”

Paul,

Tsk Tsk…

Didn’t I tell you…. ask if they are a planner FIRST!

Live & learn.

Good Luck!

David Paxton
“You Only Live Twice”

Ez-rent,

Great to see you on this forum!

Here is my problem installing your program on Win95B.

1. The file is opened for installation. It goes through nearly the whole process. Then just near the end I get the following message/dialogue box:

“An error occurred while registering the file C:WINDOWSSYSTEMmsxml3.dll”
Abort/Retry/Ignore buttons.

I…[Read more]