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  • Profile photo of Blessed happyBlessed happy
    Participant
    @blessed-happy
    Join Date: 2012
    Post Count: 4
    February 22, 2013 - 10:08 am

    Thanks Very much everyone for positive and negative feedbacks(:I really appreciate. Just wondering is there anyone who have done either Robert Kiyosaki's  or Steve Mcknight's courses? Could you please share your own experience? 

    Thanks

    Blessedhappy

    Profile photo of Blessed happyBlessed happy
    Participant
    @blessed-happy
    Join Date: 2012
    Post Count: 4
    January 24, 2013 - 6:35 am

    Dear All,

    Thank you so much for your kind and wise advice!

    I am very interested in knowing "Lease Purchase" and "Vendor Finance".

    However, I find it is not easy to do the calculations, especially not easy to find a "Win Win" situation to benefit the buyer and myself. E.g.: Since I purchased the property at about 450k, the current rental is AUD335/ week, why would the tenant want to pay extra AUD 120/week (I am paying net AUD6000.00 per year as the holding cost, so AUD6000/50week= AUD120/week to make the property break even)?

    The local market is flat at the moment, if I set the selling price higher than 450k, how can I attract buyers since the selling price is much higher than the other similar properties in the same area? If I sell the property lower than 450k, I am going to make a loss which I won't be doing…

    Appreciated if you could give me some thoughts- I believe it will be very valuable to me!

    Thanks again all for your wisdom!

    BTW, thanks Paul, I will check the website!

    Warm regards,

    Blessedhappy

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