“Have you noticed that…
there is no such thing as a rich victim?”

*Except, perhaps for Rene Rivkin and Martha Stewart! []

Billfromoz,

Can’t say I blame you, mate.

I’ve been following Steve since his first websites, been a PAID member of his first online forum (not cheap), and always enjoyed my time and learning… until now.

It has become more and more difficult to get up the effort to come to this site lately.

The number of negative posts and annoying knockers…[Read more]

Hi Steve,

I think it’s a reminder that solutions to problems = money.

In other words, take the books wisdom, and create a solution for:

a) the owners of the properties by taking them off their hands (at a discount)

b) tenants – don’t allow them to get to the stage where you’ll have such problems with them.

Also, if you do the right thing by…[Read more]

Typically, so I’m led to believe, the market will basically crash in Tassie as there is relatively little local interest/pressure to sustain the inflated pricings. Only 100,000 people in Hobart and 440k in Tassie – oh yeah, another telling stat was that 75% of all stock is Owner/Occ! ;o)

Warmly,
Jason Seperic
Triumph Publishing
http://www.triumph-publishing.com

Hi,

Was there *nothing* you could do to negotiate a win/win? Change the paramenters of the deal with the vendors to give you a more favourable outcome and them the peace of mind that the deal would go through?

Warmly,
Jason Seperic
Triumph Publishing
http://www.triumph-publishing.com

Sounds as though a wonderful weekend was had by all – v. jealous as I went last year and really wanted to go again…hopefully Steve and Co will run one of these again soon! ;o)

Warmly,
Jason Seperic
Triumph Publishing
http://www.triumph-publishing.com

Hi Sooshie,

Whilst I haven’t read this book directly, I’ve read another of his on property options which is excellent. If this is anything to go on, you’ll find the other book packed with good info.

I like his no-nonsense approach.

Warmly,
Jason S
++++++++++++
If you get a chance, please check out my new ebay…[Read more]

Hi Lance,

Just out of interest, and if you still have the time, I’d love to see a sample of your old ad vs what you used from the wrap pack.

Warmly,
Jason S
++++++++++++
If you get a chance, please check out my new ebay…[Read more]

fullout,

try:

http://www.marineboard.vic.gov.au/sro/srowebsite.nsf/taxes_duties_land%20transfer_calculator.htm?OpenPage&charset=iso-8859-1

and

http://www.marineboard.vic.gov.au/sro/srowebsite.nsf/taxes%20rates.htm?OpenPage&charset=iso-8859-1#property

taken from the SRO of Victoria – you’d be amazeed what you can find online when you have a…[Read more]

Hi Fullout,

The general rule of thumb for all the cost of buying a property is 5% of the purchase price, so you should allow for about $3500 for your costs on a $69,000 property.

Warmly,
Jason S
++++++++++++
If you get a chance, please check out my new ebay…[Read more]

Hi Quentin,

WOW – great idea! I think your list is a great start for the real ‘novice’

One thing, the Neil Jenman book you mention – I had this one and ‘Don’t Sign Anything!’ (which came out late last year.

Probably better to buy the new one, if you’re interested in purchaising Jenman, because the material is much the same in both books, but…[Read more]

Hi Allan,

The biggest problem I have come across in my investigations into this is:

Double stamp duty eating up any profit – ie. the stamp duty you pay as buyer and the stamp duty your assignee has to pay. Each state has their subtleties about this, but as I understand it, unless there is the ‘look’ of a single transaction about it, a double…[Read more]

Hey Felicity,

Sort of like “The Phantom of the Forums”! ;o)

Who hides in the darkness of anonymity and inadequacy only to strike out every so often?

Ah, well, to each their own…

Jason S

Kindest Regards
Jason S

Hi Steve,

Several suggestions below…

1. ‘Positive Paradigm: From 0 to 130 properties in 3 years’

2. ‘Supercharged Success: From 0 to 130 properties in 3 years’

3. ‘Magic Mindset: From 0 to 130 properties in 3 years’

4. ‘Small Shifts, Big Results (ALT: Small Shifts, Big SUCCESS): From 0 to 130 properties in 3 years’

5. ‘A Plan for Action:…[Read more]

Hi Hurricane,

Your best bet is to do a search of this (and other) forums. There has been plenty of discussion about them here.

Kindest Regards
Jason S
++++++++++++++++
Check out my E-Bay Auctions:
http://cgi6.ebay.com/ws/eBayISAPI.dll?ViewSellersOtherItems&userid=jayess70&include=0&since=-1&sort=3&rows=25

Hi 111111,

ASIC is investigating HK and his company NII for openly stating in some of their publicity material that they are ‘ASIC approved’, which ASIC is contesting in court.

Integrity is important – where does this leave HK & his company. Even if innocent until proven guilty……[Read more]

Rhonda,

You should be able to conduct a title search through a Solicitor, or even perhaps get that info through the land titles office (for a fee).

If you’re in Tassie, I know how you can get the info for free over the ‘net.

Kindest Regards
Jason S
++++++++++++++++
Check out my E-Bay…[Read more]

Hi Mike,

From an ex-tenant viewpoint, we found Ray White in Mirrabooka very good, fair and easy to deal with. They also conducted solid inspections like clockwork. Might be worth checking out, especially the asian lady who is the supervisor there (sorry, I can’t remember her name)…Diem something, I think.

Hope that helps.

Kindest…[Read more]

Hi Fireman,

If you can get hold of a copy (and they were scarce when it was first printed) try “The Money Tree” by Diana Mathew.

It was featured about 6 years ago on Today/Tonight (or one of those shows), I saw it, bought it, implemented it and am glad to say have a very large level of savings. It is a simple system, but VERY…[Read more]

Hi Tessie,

I assume you will be using the villa as your home (ie. Principal Place of Residence)? I am not sure that the keystart loans are available to investors, but I could be wrong.

Without really looking into it fully, I cannot see that there is a problem with your idea – but it comes down to what you actually want to achieve…I presume,…[Read more]