Thanks Calvin ,
I don’t think I would be a pioneer .I’m sure this has been done before. I’m just hoping to hear from someone who has done it.
Basically my concept is that creating equity is easy if you can cashflow it . and perhaps creating cashflow is easy if you can create equity.
eg borrow to create equity through improvement or building then borrow the new equity increase it with a margin loan and invested at a higher rate than borrowing cost gives you the cashflow to hold without finding a tenant or in addition to rent depending on the figures.
Cheers,
Greg

Thanks for your replies Kay &Wez.
Kay I am not talking about a private mentor though that could be an amazing situation if it was available.
If you read back through my posts I have named the companies I have in mind that I am aware of and I am asking what people think of their mentoring services and I am asking for responses from those who have actually been involved .
We are taught to do due diligence on everything we do so it makes sense to ask about peoples experience in this area.
I guess it is pretty clear that no one reading this forum has any such experience or at least is not prepared to offer it.
Maybe the gurus could comment as none of their graduates appear able or willing.
I think I will go ask on Somersoft.
Thanks again for your response Kay .
Greg

Thanks Wes and Trisha for your replies.
Your thoughts are very similar to mine.
There hasn’t been any replies of actual experience of using a mentor as I have asked.
Everyone seems to want to know what I expect of a mentor.
I have just done a detailed list of my expectations from a mentor but it disapeared in cyber space and now I’m short of time so a short version follows .
I think a good mentor (being a proven successful person/company) would have access to competent professionals for accounting /financial planning /legals rather than me finding out too late that I had chosen the wrong advice(benefit of hindsight).I would expect through a process of analysis of current position ,current knowledge and investing objectives and plans to be able to come up with an investing/financial plan to be implemented monitored and supported with the assistance of the mentor .
Hopefully therefore avoiding the pitfalls of being new to a strategy and hopefully speeding up the process with a greater degree of safety and success.
What am I trying to achieve.
1 Speed up the whole process.
2 generate extra cashflow from equity to fund further aquisitions and remove the need for a day job.(through cash generating investments not neccessarily property)
3 create equity from building projects and subdivisions possibly recycling the equity into cash generating investments possibly at time of initial funding to help cashflow holding costs and negative gearing
4 possibly use equity to create a covered call cash generating system to fund income and further aquisitions.
5 buy and holds renovations ongoing.
I have done lots of calculations on these strategies based on my current knowledge and experience and it looks good .
I am very aware that it is hard to ask about what you dont know about so I think a mentor who has been down the path before me could be a good investment.
Cheers,
Greg [buz2]

Maximus ,
You are correct.
There are many facets to investing .
I could just go it alone and hope I have covered all the bases or I could align myself with someone with far more experience so I have much more chance of getting the complete recipe .
I think a well run mentoring program will be able to provide information and support for the little obscure things that can be learned by trial and error but may cost big bucks for any mistakes.
Going back to my original request . I am asking those with experience of a mentoring program to comment on the value of the particular mentoring program.
I do appreciate that many people think they are capable of going it alone as I have already done quite successfully .
However I believe with the right guidance I can accelerate my success dramatically.
Cheers ,
Greg [buz2]

Hi Kay ,
I don’t see the problem.
I am not asking any of these companies to respond .
In fact I hope they don’t.
I want to hear from people who have used their systems not people who have been to their seminar and thought it was great.
If property Investing had a mentoring program I would think it prudent to ask for peoples experience of that too.
Have you used any mentoring program ?
Cheers ,
Greg

Chad ,
Nothing wrong with property .Got interested people but with low deposits available and banks blanket criteria on small properties is only about 60% LVR means I have to wait till I find a cashed up buyer or do part vendor finance.
holding cost plus possible extra cashflow from the bit I leave in makes me think it may be better to do this.
Cheers ,
Greg

Geo I only have one .someone made all that money years ago.