Jspri, check out this month’s API magazine – there was an article on investing in storage units, and it goes through the pros and cons…

To (kind of) answer one of the earlier questions in this post, I don’t think its a case of either Steve or Rick ‘copying’ each other’s idea – I’m pretty sure Steve even mentioned Rick’s version at the live seminar last month.Rick however specialises in it.

I watched the show, was a bit surprised – I thought he came off a little shifty – but…[Read more]

Yeah, I did a bit of a search but couldn’t find much else. Thanks for your help Terry [happy3]

Yack, I don’t think they’ve ever advocated a buy, hold, never sell strategy.Some people do, but not them as far as I know

The seminar was excellent – informative, plenty of new ideas and more depth than was in the book, case studies, opportunities to ask questions and meet people.

And yes, they do still seem to be wheeling and dealing! Steve said that they were up to 150ish properties but had recently sold some. He covered strategies for creating positive cashflow…[Read more]

Morning [sleepyanim]

They’re presenting at the Investment & Property expo in Sydney next weekend, I’m going to check em out – heard they were Kiyosaki’s advisers as well.

If you meet with them, let us know what you think, and good luck!

As a postscript to this lengthy discussion!

I just got back from Melbourne (I’m in Sydney)- the seminar was great, very informative, thought provoking and really interesting. Steve & Dave (and the rest of their team) were very approachable and accessible.

I’m just starting out and I didn’t make the decision to go lightly – $1k is $1k. But I’m…[Read more]

Rollcall!

I was wondering the same – I finally bit the bullet and decided to go – so look forward to meeting some of you there.

(Oh, and if the question hasn’t already been answered, its Steve’s live 0 to 130 one day seminar – so don’t feel rejected![]

Hi Mattsa,

Have you tried searching through past posts, as opposed to the main site? Basically the cash on cash return calculates your return on your initial cash outlay.

And the 11 second rule is a filtering tool – its a very quick way of determining which properties could potentially be cashflow positive ie it helps you determine which ones…[Read more]

Many thanks Kavita, will do and I’ll check out the site. []

Actually I find them really convenient – just use them wisely! ie I use a credit card to save me carrying much cash (safety), or a cheque book (convenience) or relying on a key card (transaction fees).

People only struggle with them if they spend more than they can afford instead of realising that they still have to pay it off with their own…[Read more]

Hi Mooda, welcome. A newbie myself, but my thoughts – studios in those areas you mentioned seem to be oversupplied at the moment. High vacanies, I know some people have mentioned it can be difficult to get lending for small city places (ie literally depending on the size of the studio).Whether or not William St will be the hot spot of 2007, can…[Read more]

Thanks all – have a great weekend!