Forum Replies Created
Ken,
John Burley and Kiyosaki are great teachers and have a lot of good advice. They both promote financial intelligence. Read some more and you’ll start to figure out what is best for you.Although the more you read the more conflicting information you get. But it has made these guys and others rich, so there is not only just ‘one way’.
The most important part I believe is action and persistency. Dont get too stressed mate, you’ll soon figure out your own method and 10-20 years time, or even sooner, you too can be a millionaire! I hope this helps, Good Luck!
Cheers, G7
Congratulations,
Your posts are always good, you deserve it! [thumbsupanim]G7
If a house for sale at $100 000 rents for $180 per week say, what’s telling you the owner won’t accept $85 000 and you can re-rent it at $190 per week after you bought it.
This is a quick spin and rough example on making it cashflow positive. Remember they’re not always staring you in the face, but you can try to turn deals to your advantage.
Hope this helps, G7
Yack,
It’s not the course, it’s how it’s being marketed. ie- get rich quick theme, unrealistic etc. They left the marketing to a third party, who has used the persons signature and photo on the material. The person was trusted to do a good job but obviously hasn’t, thus the publicity.G7
Somebody talking to me when I’m on the phone talking to someone else[angry2]
G7
Hi fullout,
This post may be a little late, but Dolf’s 10-pack CD program ‘Property Investor’s School’ is pretty good. It’s based on a weekend seminar held in NZ and covers quite a lot, from becoming rich to commercial contracts etc.He’s certainly got the bigger picture and I’ve found these CD’s very worthwhile. I give them a 9/10. Hope this helps,
G7
Hi Monolopy,
$18 000 for a decent apartment, in Seaford Vic, about 5 years ago now, don’t know the specifics on the place, but it wasn’t like one’s you’d see on A Current Affair.
This price to get rid of it only, no one wanted it so the owner kept dropping till someone did!
Seaford unit medium at Dec 31, 2003- $194 000
[weird]
G7Congratulations Steve and Dave. It’s always a euphoric feeling of setting and reaching a goal. Whether it’s exercising 3 times per week or becomeing filthy rich, it’s just awesome.
Where are you headed in the next 5? Write some more mate and change lives, Kiyosaki’s sold 18 million worldwide, you’re a champion![thumbsupanim]“101 ways to massively increase the value of your real estate, without spending much money” by Dolf de Roos is a great black and white book, also “The Magic of Thinking Big” by David Schwartz is a great all-rounder. G7
Congratulations on your problem Jeff, I was thinking if someone is prepared to buy your pub for $850k, then someone else might be prepared to pay $900k or even more!
On the other hand your $20k per year positive cashflow is half the average annual wage. Could you use your equity in the pub to buy another property(s) to make up the other $20 000.Cheers G7 [suave2]
Thanks everyone for your help, I really appreciate having the ‘been there, done that’ guys helping people like myself out. I’ve visited both websites and found what I’ll need and can use. G7 [biggrin]
Daniel,
I located a U.S. book called “Flipping Properties, profits through buying for quick resale” at the back of the Australian Property Investor magazine (page 154 current issue) Haven’t read it or even seen it, but your question jogged my memory of it.
It can also be found at http://www.businessmall.com.au item no. BRO-1 $58.95 I hope this helps, cheers G7Richard,
I’m after someone who can provide the advice and facilitation on completing successful wrap/flip deals. eg. help with the paperwork, while I look for the houses.Thanx, G7
