Forum Replies Created
Howdy Scott,
Even after June 1st, if I only buy and then flip for 11 – 11.99% more then what I paid for the property, then I dont have the tax to pay and still make a nice little profit each time. Seems that the market for sellers will be mostly to the Mums and Dads and far less investors.
Even REAs are now presenting offers to vendors that in the past I could only do directly with vendors.
I agree with everyone who does not think NSW is a good place to invest. Get out, go to another state, while you still know everything!
Sincerely,
Dallas & Kerrie Kelso
W: http://www.WeBuyHomes.com.au
E: [email protected]Hi Pisces,
Obviously you missed my point. Kiyosaki talks about the word crisis as having two meanings. Danger and Opportunity.
You asked where I got my info from? My Dad was telling me a story (like I said in my post) about this. Like I said, it does not matter if they were jewish or what race or colour! They were deal makers who could spot opportunity a mile away. Unlike half the closed minded a tunnel visioned people on this forum!
Enough said!
Sincerely,
Dallas & Kerrie Kelso
W: http://www.WeBuyHomes.com.au
E: [email protected]Hi,
I have know Rick for a while now and worked closely with him. In fact, he personally trained me before he started his seminar business. We would drive out looking at and buying houses, and I would practise on his houses.
Not just for me, but for many other people, Rick has helped many investors get going from no knowledge to pretty advanced.
I remember Nigel (the guy who did all the filming of the show) would pretty much be “living” with the Ottons every day. There was much more footage that never got shown and the two stories that got run were not your average case of student.
I watched the show the though to myself. Gee, these guys went through HEAPS of their time being chewed up by a journo, and if this was the outcome, I think I would have felt pretty ordinary.
While it is true that Rick admits the whole seminar thing is too much like hard work compared to his WBH business, if he really wanted to quit talking on stage and go back to buying houses, he would have by now. He must enjoy doing what he does, as would Steve and others in similar markets.
While Rick and I have very little to do with each other these days, I personally owe much of the great deals that both Kerrie and I have acheived to his “grass roots” training.
Seems like everyone in these forums (not just PI) like to cut people like Rick and Steve down to size all the time. Why is that?
What I don’t see much of us doing is discussing new, inovative ways to make money. It is all very general and pretty much basic stuff. Could it be that most of us (not all of us), still have not learn many of the secrets to more advanced deals?
Is this why there are advanced seminars for people to learn much much more? Hmmm.
Anyway, I have said my 2 bucks worth. If we don’t have better things with our time then to slag out on seminar “gurus”, then its about time we wake up and make a difference for what is important in life.
I have a habit of offending people with honesty. Hope to see some great posts about people who have some really new and advanced investing techniques so we all get something out of these forums. This way we don’t waste our time in front of the computer. We take the info and go make some money.
Sincerely,
Dallas & Kerrie Kelso
W: http://www.WeBuyHomes.com.au
E: [email protected]Hi All,
To add more to this. My Dad called me from QLD last night. He shared with me what happened back in the great depression.
He told me that their was many people standing around in Martin Place in the city, standing outside the banks with their bank books wanting their money. The banks were all shut. Walking around the same area were jewish business people (makes no difference if they were jewish of not) offering to buy peoples bank books.
All they needed to do for Eg. If their balance was 150 pounds, the business person would get them to sign and authorise a withdrawal for $150 pounds, and they would give them $90 pounds. They did this with massive volumes of real estate.
Oh, people all thought they were crooks etc, but the people who wanted money and wanted it now got what they wanted (even if they did not like the deal).
I think that if people are prepared to spot a great time for deals to happen, the same kinds of things will occur as mentioned above.
A few things are likely to happen now:
– Real Estate agents will get a massive listing frenzy
– Owner Occupiers will need to settle for less, because the “investors” will not be buying (except for the smart ones)
– The people who are there at the right time will make money even if they have none! Its a matter of knowing when there is a deal and making it happen.What part will you play?
Sincerely,
Dallas & Kerrie Kelso
W: http://www.WeBuyHomes.com.au
E: [email protected]Hi All,
Our direct marketing to sellers has always landed us great no money down deals. All the people who want to sell up is just fine with me.
I now have a feeling that once we do our next round of marketing, that I will not be able to buy all the opportunities that become available because of the volume.
Please let me know if you would be interested in sharing any no money down deals (would also get the seller to pay stamp duty). More then happy to share this with other like minded investors while all the other investors start the end of year sale [biggrin]
Just email us if you would be interested, and what priced house you could afford to buy if/when the deals become available.
Sincerely,
Dallas & Kerrie Kelso
W: http://www.WeBuyHomes.com.au
E: [email protected]Hi All,
First post ever to this site! I watched the news last night and being a NSW property investor, had to smile [biggrin]
I remember John Burley talking about people who don’t know what they are doing in the share market and calling them “pigs”. They buy at the wrong times and sell at the wrong times – its great.
I think this has become the best news for our business ever! How many people now are running to the real estate agents now saying SELL SELL SELL? The market in Sydney has already slowed down and the amount of vendors telling me they will leave 20-30% in the deal is increasing all the time!
I can almost taste those 50-60 cents in the dollar deals coming up. I see more and more flexible and motivated vendors funding our second mortgage at zero to low interest only rates for long periods of time.
I love this business!
Sincerely,
Dallas & Kerrie Kelso
W: http://www.WeBuyHomes.com.au
E: [email protected]
