Forum Replies Created
Hi snorky,
it would ultimately depend on the interest rate of your loan.
Kind Regards,
George.“If You never never ask, you’ll never never know”
me and Bear are planning on going – let us know what your intensions are so we can all book together.
Kind Regards,
George.“If You never never ask, you’ll never never know”
good options – i like that
“If You never never ask, you’ll never never know”
Give the poor guy a break – just remember that if it hadn’t been for Steve – yes I say, if it hadn’t been for Steve – his book, his seminars, his products, his personal help and ofcourse – lets not forget, this website where we learn so much every day. just a simple Thanks Steve is enough I guess.
so Thankyou Steve.
Kind Regards,
George.“If You never never ask, you’ll never never know”
Ive spoken to one lender who said he can get me 90% finance – but it is not confirmed – I will find out in a few days. Remind me to let you all know how it goes. If successful, I will recommend him to you.
Kind Regards,
George.“If You never never ask, you’ll never never know”
yeah i was just there – looks positive – has gone up rapidly in the past 12 months…however, looks like it will increase for a short period then stop. Rent returns is also very good over in the Southos but only for a limited time I would assume.
Kind Regards,
George.“If You never never ask, you’ll never never know”
tell him/her that if they purchase easrlier, you will lower your price
“If You never never ask, you’ll never never know”
your on the right track – a family trust in your situation is the ideal. It would help on tax purposes. it will just cost around $2k. Ultimately, do a search for your topic in all the forums – this topic has been covered before.
Kind regards,
George.“If You never never ask, you’ll never never know”
Hi snorky,
I was about to tell you to ‘Never Sell” and that selling is bad until I read the last few lines of your post. If the children are in jeopardy and that you do not have enough to provide for them, then you must sell – family and cildren alwyas come frst than any investment.
Generally, I would say not to sell and to look for other avenues of obtaining money. Personally what I like to do is keep my debts till the last minute and just pay them off before they accumulate interest. Try hard to sit down (with your wife perhaps) and write down on paper all your expenses and your incomes from work, rentals and others – work out a budget and try adjusting to this budget.
Kind Regards,
George“If You never never ask, you’ll never never know”
Hi Dom,
If you own your own home, then this is not necessarily the best option as you can simply borrow the equity on your home for deposits.
Steve McKnight rented out because he didn’t own his home and so lowered his repayments that he would rather make if he purchased his own home.
The other advantage to renting out is that if you run a business or company from home, you can rent your home out to your company (which you really own anyway) and claim this rent as an expanse. You can’t claim your loan repayments as an expense. This is what most of the rich do and pay as little tax as possible. Its smart but also legal. Take care. Hope this helps.
Kind Regards,
George.“If You never never ask, you’ll never never know”
thanks for the words of wisdom
“If You never never ask, you’ll never never know”
not only use re-value your home to use the equity in it but if you purchase a property in a rapidly capital growing area, you can later sell this for a reasonable capital gain – im talking maybe 20-50k above the price at which you bought it. You could then use this capital for re-investing into several other properties.
Kind Regards,
George.“If You never never ask, you’ll never never know”
too many posts in that topic – please add your query to this post and clarify – it will make it easier to answer your questions.
Kind regards,
George.“If You never never ask, you’ll never never know”
Hi Bear,
yeah I went to his seminar last year – he drags on alot and does mention his 3 day seminar several times that he holds in Sydney for about $7,000 each person but if your one of the first to book – you can get a $500 discount…whoopie doo…another sales pitch – he also talks alot about his books and especcially his board games.
Anyhow, I figured that if I’m willing to go to Steve’s seminar for a thousand dollars, I should be willing to go to Kiyosaki’s seminar for $99.00.
Kind regards,
George
P.S: its also good to make contacts there since everyone there is ultimately interested in the same thing you are – that is property ofcourse.“If You never never ask, you’ll never never know”
Hi Misty,
im not Steve – but i managed to ask him this very question in person at his seminar. He did it simply by doing many many ‘wrap’ deals. If you don’t know what a ‘wrap’ is – look it up under strategies and then do a search for it to see all the posts in the forums.
Kind Regards,
George.“If You never never ask, you’ll never never know”
there are properties meting the 11 second rule – but dont let this be your benchmark on which you purchase properties. even if they dont meet this rule, they could generally still be good deals.
Kind Regards,
George“If You never never ask, you’ll never never know”
nice subject title – good way to attract readers.
“If You never never ask, you’ll never never know”
very very useful info – thaks to all who contributed
kind regards,
George“If You never never ask, you’ll never never know”
Hey Josh,
I don’t think you should be called MonkeyMagic but ‘MoneyMagic’ – mate, if you’ve got enough to buy a penthouse, you can retire now….
Kind Regards,
George.“If You never never ask, you’ll never never know”
totally agree with Peter – he is a man of a wealth of wisdom…
Kind Regards,
George“If You never never ask, you’ll never never know”
