hello all I have been wondering is melton to far for everyone to travel to ?

I will look into other venues I needed?

have been thinking of kicking the first meeting on june 5th

playing cash flow 101 as iam not aware if others have played befoue and it helps to learn the basic befoure we move to 202

I have wrote out a list of things to help us out shoot me a email and will plan something really soon

Daniel motoxxx_108@hotmailcom

Yes a little bit to far it took my one hour to attend one two months ago I got home at 12 pm , well great allready got a few members will get the first meeting in a month or so looking forward to it :)

• This reply was modified 10 years, 6 months ago by  daniel vic.

thanks for the reply steve I can honestly say you have helped me even get to the stage of meeting agents and going through properties with check list’s  and being on data base’s with agents your property course has helped me so much..

that particular property I went able to get the vendor to carry any money or a longer settlement they needed money yesterday sort of thing .

I money partner is a fantastic idea I asked my mother she’s not in on the investing thing so the last week I have been thinking hard and with some friends I made through the course and other social meetings we are going to do a deal together very exciting

I have always thought why are there not much good deals on the internet the other day I now understand the concept of the property sift

thanks steve

iam just trying to make sure i have the formula set up for my excell spred sheet so when i do finiancial due diligence iam more acurete with my calcuations and avoid risk

daniel

hey benny

thanks so much for your response!

sorry i didnt make it more clear

purchurse price – $76,000

reno cost –           $50,000

deposit ip2           $50000

the reno i paid cash also burrowed money but that just went stright on to my exsisting mortgage at the time  so i have calcuated that in in full as money in the deal  !! but i arn't sure to include the reno cost's aswell in to the calcuations as that really changes the CoCR

but what i didnt take in to thought was i never put the rest into the deal yes it is finianced i orignaly only put $10,000 in to the deal

i feel abit weid i cant quite get my head around it but the property was bought 5 years ago and i have refinanced around the traps befoure so its hard for me to work out how much i have invested quite so to speak

regards daniel