Hi all,

Having been somewhat involved in the NII programs (Henry Kaye) and feeling pretty disappointed with that involvement I’d strongly recommend people to steer clear of them. Without going into all the detail I’d concur that the people at NII use unethical tactics to get money out of people, that they are motivated to get the sale not really…[Read more]

No problemo.

Oh to be in your shoes! [^] It sounds like you may be in the enviable position of being able to contemplate retirement from your day job, and not have to worry about where the money is going to come from! Still it is wise to plan this carefully to ensure you don’t blow it so to speak. If you are able to invest in PCF properties with the…[Read more]

Well done guys! [] Sounds like you have done the work and now can sleep at night knowing that you have validated many of the unknowns in the equation. Hope all continues to go well with your investment. Perhaps the next one will be a PCF property based on Steve’s investment models.

Gus

Hi Dorothy,

By way of encouragement – most of us have been throught those nervous first stages, some of us still have questions and are learning all the time. It sounds like you are taking the right approach – research, asking questions etc. When the right one comes along (and it will) you’ll know it and it will look good (numbers) and feel…[Read more]

Willie, thanks for the ‘heads up’

Gus

Hi Kutty70,

Have you considered forming a partnership or seeking a money partner amoungst friends or family? Even if it is just to share the deposit, you can create a suitable deal where all will benefit.

Gus

p.s. 50% of something is better than 100% of nothing!

Thanks for the feedback. With regard to wrapping (which I have never before attempted, but want to learn how), is this ideally suited to homes at the lower end of the capital value continuum – say under $200K? The property in question is priced to sell around the mid $300K mark? Does the price tag make it prohibative to do a wrap deal?

Gus[?]

What a cynical world we live in, and probably with some justification. We can find the dark side of everything if we look hard enough, but we will never be happy or successful if we take the cynics view of the world. I can accept that there are ‘scams’ out there and we need to be careful, however I’m just glad that there are genuine people…[Read more]

Dido Mitch!

PaulT227,

Appreciate your views, but no need to lambaster someone elses views. For all our sakes, make your point but don’t get personal!

Gus

Hi guys,

Popped or slowing? In my view based on some auctions and sales I have been to lately in Melbournes Eastern Suburbs, speaking with friends and reading newsletters etc there has been a slow down. Evidence of this is:
1. Reduced numbers of bidders at auctions thus reducing the competition and therefore prices.
2. Many investors are…[Read more]

quote:
I would like to know if any body has heard of this company ran by a Dr Dolf De Roos?
Do you know if this investment company as for real?
Ta Scarlet
xxx[?][?][?][?][?][?]

Scarlet,

Dolf is a well known property investor who has written a number of books. He also publishes under the Rich Dad’s Advisors brand (Robert Kiyosaki as Peter…[Read more]

quote:
I like Gus’s
CASH IN YOUR WALLET, TIME ON YOUR HANDS

Pretty cool.

But hey Gus, do you REALLY need all Steve’s groovy stuff as much as me??? Come on, I’m desperate here! If you get any more ideas, feel free to tell me them first and offer me first dibs on plagiarising them.

Thanks Susiemac, appreciate the encouragement. We’d all like to…[Read more]

Hi Steve,

How about “Come Fly With Me – From 0 Properties to 130 in 3 years”

or

“Follow the Leader – From 0 Properties to 130 in 3 years”

or

“We can do it, I’ll teach you how – From 0 Properties to 130 in 3 years”

or

“Cash in your wallet, time on your hands – From 0 properties to 130 in 3 years”

Go for it Steve

Hi Steve,

I must say I value your honesty and desire to help me and others do much better financially. I certainly appreciate the support, education and encouragement to pursue my dreams, not to mention your no bull dust approach. I am committed to action and hope to develop the skills (with your help) to be a great property investor who wishes…[Read more]

Hi Rob,

I had a friend who purchased a house in Melbourne’s outer eastern suburbs who also got an Archicentre inspection before he purchased the property. This turned out to be worthless. As my friend found out, their inspection was inaccurate and misrepresented the true state of the property. He had all sorts of problems (roting floor boards,…[Read more]

Hi everyone,

A very interesting topic. I have visited with financial planners in the past and a member of my family is also a FP. Two observations I have made in relation to Steves thoughts are:
1. They know alot about the ‘administrative rules’ governing their industry, (the funds, the paperwork, the forms, indemnity clauses etc) but they…[Read more]

Hi Gazza,

It is difficult for anyone on this forum to offer specific advice as all the details are unknown, and I guess you understand that it’s not our role to give you permission to proceed. Hopefully we can offer some thoughts to consider.

The critical thing is have you done your own independent due diligence? Have you validated the…[Read more]

Hi Northy,

Great question with endless possibilities. Personally I would look at $300 a month extra income and say “not much you could do with that…I think I will need a bit more to achieve my goals” Keeping it in your mortgage (offset acc.) is a good place to have it while you wait for your next opportunity. Clearing credit card debt or…[Read more]