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  • Profile photo of BanjoSmythBanjoSmyth
    Participant
    @banjosmyth
    Join Date: 2007
    Post Count: 44

    Great work mate

    I look forward to some 'before and after' shots!

    The strategy you talk about is my favorite! 
    I find it funny when people talk about the 'lack of liquidity' in Property Investing. 
    But after you have refinanced or have a line of credit the equity in your property becomes a very versatile investment tool.
    In a way it has more flexibility than Shares. . . . just as long as your not forced to sell it!

    Best of luck

    Cheers Banjo

    Profile photo of BanjoSmythBanjoSmyth
    Participant
    @banjosmyth
    Join Date: 2007
    Post Count: 44

    Great  Work Miike

    How is it coming along? Are you planning on selling the unit after the 12 months of PPOR is finished or are you going to hold onto it?  I like the idea of holding onto properties long term (if you can afford the repayments).  And remember if the property does increase in value as you expect it to you can still get access to that money by refinancing. 
    Ive just finished a similar project and it was hugely rewarding!  Heaps of work but fun at the same time.
    Best of luck mate!

    Cheers Banjo

    Profile photo of BanjoSmythBanjoSmyth
    Participant
    @banjosmyth
    Join Date: 2007
    Post Count: 44
    freeman cooper wrote:
    Hi All, I have One thing to say about Jamie peddling his wares. Show us your guarantee. He says that we can achieve great things if we pay to do some course, prove it and guarantee it, unconditionally.

    haha I love it!!!

    If anyone could guarantee 100% success then they would be a liar.  Surely the success of all education comes down to the student and how much effort, time and dedication they put in?  Anyway, last time i checked Jamie McIntyre offered a 90 day 100% money back guarantee on his homestudy course.  So theoretically you could do the whole course and then decide whether or not you think it's worth the money.

    My personal opinion on Seminars (including Jamie McIntyre's) is that when used correctly they can be incredibly beneficial.  For people who grew up in families that didn't teach them about investing seminars are a fantastic way of educating yourself. 
    BUT everyone should be careful of paying lots of money to attend a Seminar and think that suddenly you will become Rich. 

    A good idea to get the most out of seminars is to make a list of everything that you learnt from the seminar and decide on at least one or two things that you are going to implement  in your life before you go to another Seminar!  
    The last thing you want to become is a 'Seminar Junky' who simply goes to a million Seminars to make them self 'feel' like they are doing something when they are really achieving nothing.

    Anyway i hope the Colourful discussion on Jamie McIntyre Continues :)  At least it shows that people are still passionate about creating a better life for themselves!

    Cheers Banjo

Viewing 3 posts - 41 through 43 (of 43 total)