H.E.C.B replied to the topic 11 SECOND RULE in the forum Heads Up! 19 years, 3 months ago
Hello I am currently reading the second book “$1 000 000 in property in one year†it is on page 9th
“The 11 second solution is a basic guide to quickly calculate – based on the weekly rent – a purchase priced that equals 10.4 % per year.
1. Get the current weekly rent
2. Divided the weekly rent by 2
3. Multiply the result by 1000
4.…[Read more]H.E.C.B replied to the topic how can I finance 5 – 10 properties in 1 year ?? in the forum No Subject 19 years, 3 months ago
Yes, but from where do I get this money.. I will assume that from the salary that I receive from working. But in a current market where values of houses are over 150.000, the minimum deposit that I need is 20% or $30.000.
With a salary of $50.000 a year, I could meet the deposit to buy one house a year in best case.
This is what I don’t unde…[Read more]H.E.C.B replied to the topic FREE Bonus Chapter in the forum Heads Up! 19 years, 3 months ago
[smash]
I just finished reading the book during the weekend; it was a really interesting reading; showing me a new world of opportunities and concepts that I did not know about.
However, after finishing reading the book I have now a lot more questions that before.. One of the areas which I still don’t understand is how you finance to buy too…[Read more]