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  • Profile photo of edgewiseedgewise
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    @edgewise
    Join Date: 2003
    Post Count: 8
    February 14, 2004 - 3:21 am

    Hi Mark! Yes it is time consuming. I do heaps of research on the net ie prices, rental market, general area, ring agents, etc and I’m fairly sure I’m going to find what I want before I pay a visit to the particular area. Research/due diligence is everything!!!!

    Profile photo of edgewiseedgewise
    Member
    @edgewise
    Join Date: 2003
    Post Count: 8
    February 14, 2004 - 1:29 am

    Hi Guys! For those of you out there questioning whether to spend $990. I first went to Steve’s seminar back in May 2003 as a complete greenhorn but thought this property investing thing could be fun!!!
    What Steve said at the seminar made complete sense and it was presented in a down-to-earth understandable manner. By July, I was the proud owner of 1 positive cashflow property and am now the proud owner of 4 more.
    I would agree that if you go to the seminar and don’t take advantage of the information given then you are better off staying at home watching the footy. Save your $1000. However if you want to get out there and buy real estate then Steve’s way is a great way to start.

    Profile photo of edgewiseedgewise
    Member
    @edgewise
    Join Date: 2003
    Post Count: 8
    July 31, 2003 - 10:30 pm

    Hi Leigh! What a great idea! It was great to catch up with you again at the wrap seminar. Keep up the good work.
    Anyway, my name is Jan and have been married to David for 24 years come November. We have 2 boys Phillip (15) and Cameron (12). I manage David’s orthodontic practice. For some reason, he just wants to straighten teeth and not worry about anything else!!! Great life if you can get away with it![:D] We now have 2 properties, 1 neg geared and 1 positive. We are also waiting on 3 more positives to settle. All the positive cash flows have happened since the seminar in May. Thanks Steve for the prod to get out there and do something

    Profile photo of edgewiseedgewise
    Member
    @edgewise
    Join Date: 2003
    Post Count: 8
    July 31, 2003 - 9:53 pm

    Hi Guys! I’ve read with interest everyone’s ideas and I agree with everything that has been said. I do think that there are a lot of “investors” out there that are going off the deep end thinking that a property at any price is a great deal particularly if it is under 100K. I was in a rural centre a couple of weeks ago and experienced the frenzy happening in RE offices of people ringing up and as long as the property was under $100K were taking up to 12 properties. There was no negotiation, no checking where the properties were in town or anything else. If anyone out there is pushing prices up, I’d say these people have a real good chance of taking the medal. Love to hear your thoughts!

    Profile photo of edgewiseedgewise
    Member
    @edgewise
    Join Date: 2003
    Post Count: 8
    July 24, 2003 - 4:21 am

    Hi Guys! I attended a seminar presented by BIS Shrapnel a couple of weeks ago. They are of the opinion that the property boom in Qld particularly hasn’t even started yet because of the undersupply of housing (20%). This will continue according to them for the next 3 years but after that we will perhaps see a return to the 1980’s scenario with interest rates as high as 10 – 14%ie a bust.
    I don’t have an opinion on this either way but would be interested to hear what everyone else thinks.

    Profile photo of edgewiseedgewise
    Member
    @edgewise
    Join Date: 2003
    Post Count: 8
    June 3, 2003 - 6:08 am

    G’day AD! Thanks! I was one of the Qld. crew and looking forward very much to contact with you and all the others! Can’t wait to get that email list.

    See ya!!!!

    Profile photo of edgewiseedgewise
    Member
    @edgewise
    Join Date: 2003
    Post Count: 8
    June 3, 2003 - 4:58 am

    Hi all! Wow what a weekend!! Thanks Steve and all the gang for the hours of work it must have taken to put that all together. Isn’t it great to come back from something like the weekend and feel so enthusiastic and inspired that you just feel resentful that real estate agents aren’t open at midnight. It was also wonderful to put faces to the names.

    Steve! You have a real gift as a speaker and educator! Keep it up whether it be on the Forum or through other seminars. Thank you. You also told me that I had to stop reading the forum and post something and that I would start to learn more by doing that! Well, here’s my first step towards achieving my goals. My next hopefully before the end of the financial year is to have at least one property under my belt.

    Let’s see if I’m a doer or a “tyre kicker”
    See Ya!!

    Profile photo of edgewiseedgewise
    Member
    @edgewise
    Join Date: 2003
    Post Count: 8
    April 7, 2003 - 5:16 am

    Hi Steve! Great intro to your new book! I’m new to all this but I’m looking forward to exploring the possibilities. Your intro certainly wets the appetite, just watch the typos and the proof reading. Keep up the good work, can’t wait to read the book![:)]

Viewing 8 posts - 1 through 8 (of 8 total)