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I too was at the book launch and I must admit to a shade of cynicsm now that Steve has gone from 0 – 260 back to 0. At the launch one person suggested we should attend seminars given by David, as he is the one with all the properties.
Steve was very up front about the new deal, and it is explained in the book.
I wish Steve all the best in his new enterprises, but I for one want to get ahead investing in property, not in how to acquire wealth through book writing, seminars and expanding property sites.
How many authors do you find these days wrtiting a winning book, the miling the franchise for all it is worth with new “insights”?
– Is it seven or eight effective habits (soon it will be 9) Covey
– Stop moving Johnson’s cheese
– How much Chicken Soup does the human race need?
– And how many sessions did Kiyosaki have with his rich dadTotal Mass Retain
I have a DHA place in Canberra, held it for five years. I also own other properites in Canberra and two in Sydney (non DHA).
I have very happy with the purchase and I would buy another if the right deal came up.
Like buying any houses, you need to do your sums and make sure the property a value purchase.
I do not find the new DHA places financially attractive as other have noted the purchase price inlcudes a premium for the rent guarantee.
Where you can get the good deals is when a DHA owner wants to sell through the lease, and is forced to sell undervalue. This is how I got this property (our first) and we got it from an agent prior to it being advisertised.
Many of these deals come up in Canberra, maily on the south side. Like all property deals the more you look at the better (and luckier) you will get at it.
On locations, Canberra is extending there commitment here and I belive Townsville is also very good.
Good luck
Grant AY
TMR
