Forum Replies Created
Still In School,
Good to see you are making money, but my question remain in place whether that can be done everyday for the next one year. If that can be done then I have to agree with you that your system is working.
Anyone else got other system beside option trading?
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”My life goals:
1. My family first, to be happy with them and make them happy at all cost
2. Make money
3. If step 2 achieve then use it to enjoy life, but if I am not able to achieve step 2 then I still enjoy life, but just have to work for some body else as employee or self employ.Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”Originally posted by dc_homer:Agreed. But with same amount of $, You can either buy a unit within 15km of CBD or a house 35km from CBD. Which one is better in terms of CG??
You should buy the one that you think will make you more money relating to your investment time frame.
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”Originally posted by Mad-Cat:Are there any good site to find out more info about NZ. You people have got me very intriged
Good luck!
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”Originally posted by kaloni:Originally posted by Ronulas:IMHO He will promise do whatever will make the most people happy.
Is this what ALL politicians do
labour OR liberalBOTH promise you the world but when they win
due to unforseen circumstances we can not
hold our promises99% of the time they do the opposite.
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”Originally posted by elves:I will keep on doing what I am currently doing
you dont say if the money you make is spent
you just say if you can earn it…do I read that right?
Well guess I am on track then….I earn it, I spend it…wihtout the 10k to begin, but is that cheating…hmmmn…
” a blind man may see what a sighted man may not”
Oh well, if that the way you want to do it then I guess it’s fine.
I believe there is a system out there that can do it.
This is to do with investing not working for someone else.
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”The dogs just went back to their cage tonight lose to the Cowboys.
Myydral, your mighty storm has done it.
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”I love blond joke, especially reading it on friday night, oop saturday morning…
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”Trisha,
Sound like a good idea. At the moment I had a group of people who mainly from pi.com where we meet monthly to socialise and discuss about anythings and everythings.
I am from Sydney, so if you are too maybe we can meet up with other for a good drink or two.
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”Look like the Panthers is coming very strong toward the end of the season.
A very close game between Panthers and Dragons, but the Panthers pull-off the end.
Can’t wait to see the Dogs play against the Cowboys tomorrow.
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”A very disappointed result from the the swans.
Oh well, I just have to wait and hope for the next season then.
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”Still In School,
Thank you for your responded and I looking forward to hear more about your system and it’s going.
SIS, Do you think my question is a rhetorical question? I don’t think the question is overelaborate or exaggeration at all. I hope your drive up north as pleasant as you expected.
I am looking forward to hear from other opinion and learn from it.
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”Malachii,
I agreed with you if it is one-off, but consistently say 1 year is not easy.
So do you think can do it each month for 1 year consistently?
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”Originally posted by **PropertyGuRu**:What if I got job which is paying more than 1k for 10 days so I will have 11k easily in 10 days.
Cheers
PropertyGuRu
[sultan]Mortgage Consultant
Yes you can do that, but not forever!
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”Jay,
Welcome to the forum, I am sure you will enjoy it here as much as I do.
I can’t aim for 30 to financial freedom because I am already close to it. Better luck next life for me and I will definately aim for 30 next time.
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”If you don’t buy the insurance to cover then you better not to invest in property.
Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”Originally posted by Niki:Hi everyone,
This is my first post and probably my only but I just wanted people to know things aren’t always as they say in the books. I have problems that seem to be growing by the day !!!
I read Steves book and did some reading early on here. I have bought a number of properties in cashflow +ve sort of back of Burke (my Dad says) locations.
I reached 15 properties and they had a grand return of about $300/pw gross.
That seemed to be great following the formula, $200/pw after tax roughly.
Then some maintenance issues came up. 4 hotwater systems at about $1000 each.
2 backed up sewarage systems at $400 each. 3 lots of tenants totally trashing the houses
cost me about $4000.Where is landlord insurance come into play?
2 properties after fixing up from the trashed tenants have now both been vacant for 6-8 weeks with prospects of a new tenant not going to happen in the short term.This is where your research come in before you buy those properties.
Worst of all I want to sell them all, and have been trying for the last 3 months and noone is interested. Not one inquiry.Good luck
My Dad told me not to buy these houses. He has had houses in Sydney for many years without half the problems I have had and had fantasic growth and could sell any of them tomorrow without a blink for a great profit.If it is not on the market then you just don’t know.
I now agree with him, don’t believe all that you read in books for some great new plan (cashflow postive) the basics stay the same. Without a bailout I have only problems. I wish I had not read the book and thought I knew it all.Maybe you should read more books to learn more. To me seem like you don’t know what you are doing.
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Kind regards
Jet Dollars
“The road of some-day lead to the town of nowhere”Peter Spann,
My property investment portfolios that I have build in the last 4 years kick start on my way to work where I listened to 104.1 today FM radio and heard your advertising for 4 hours seminar ($48) back in May’00. I heard it a few time before I decided to write the number down and book for a ticket.
During those 4 hours I listened to those strategy that you expand in which I never heard of before. I then decided to purchased your home study program, listened to it and bought my first investment property (no money down) after 3 months.
Since then my property portfolios growing everyday not with just negative gearing, but also positive cash flow as well.
I would like to take this opportunity to thank you for kick start my wealth building strategy toward financial freedom.
In my mind you are alway my first mentor (indirectly) and Steve McKnight and Louise Bedford are my other mentor.
Thank you once again and I am looking forward to reading your second book when time available.
Take Care.
Kind regards
Jet Dollars
“Ask and you will receive. Seek and you will find; knock, and it will be opened to you.”Doug,
The 7-8% yield that Kay was talking about is more likely to be a negatively geared property. As I remember Kay is after negative gearing with potential capital grow in the future up to 10 years I believe.
If you want grow as well as cash flow you got to do both. You can buy 1 negative gearing property for every 2-3 positive cash flow properties, but make sure the cash flow of your positive cash flow cover your negative gearing one.
By doing so you have a property portfolio without any cash injection from your pocket. Therefore, if you got say 3 negative gearing properties then in theory you should also have 6-9 positive cash flow properties in your portfolio.
Kind regards
Jet Dollars
“Ask and you will receive. Seek and you will find; knock, and it will be opened to you.”Hi,
So here is the image of little Property Guru:
What do you think???…LOL
Kind regards
Jet Dollars
“Ask and you will receive. Seek and you will find; knock, and it will be opened to you.”
