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  • Profile photo of Investor2012Investor2012
    Participant
    @investor2012
    Join Date: 2012
    Post Count: 7

    Thanks Jaxon. Will do.

    Profile photo of Investor2012Investor2012
    Participant
    @investor2012
    Join Date: 2012
    Post Count: 7

    Hi Corey,

    Thanks for your prompt reply. I know what you mean, but nevertheless this particular review is terrible and there are many product reviews on this particular site that have many positive comments on them (there are some for Terri Sheer as well).
    What’s your experience with building insurers?

    Profile photo of Investor2012Investor2012
    Participant
    @investor2012
    Join Date: 2012
    Post Count: 7

    Thanks for your response RPI.

    The JV is a company which by the end of the process gets dissolved and all the directors get the title of their own individual townhouse, although there is another $ 1500 for the strata titling. There is no stamp duty, not sure about GST – that' s a good question I haven't thought of! Not quite sure what you mean by land component, nothing beyond the actual town house probably with a small yard (not sure about this either!).

    I've spoken to local agents who've confirmed the figures I've found, ie. making this not a very good prospect: Typical house prices are around the 300k mark with rents of about 280-300/week. One of them actually said to me he wouldn't do this particular deal given the figures. Another one told me that Newtown used to have quite big blocks but most of them have by now been subdivided. That' s probably where the money was.

    Have you got any idea why a number of people couldn't make the figures work? Is there a pattern/trend?

    Profile photo of Investor2012Investor2012
    Participant
    @investor2012
    Join Date: 2012
    Post Count: 7

    Hi there,

    I've just been to her free seminar yesterday. I'm tempted to sign up for her mentoring course but would like to hear from someone who;s actually done it and can talk about their experience with it. Is there anyone out there who has done her paid mentoring programme?

    Thanks.

Viewing 4 posts - 1 through 4 (of 4 total)