Hi Jenny,

What a great story.. Yes always buy the worst house in the street or the diamond in the rough as we have a few times and it has paid off. My wife and I brought a property off as private sale because she was going though marriage breakup. She wanted to sell for $70,OOO and house was a dump, no tenants for 12months as they shot through…[Read more]

Hi Steve,

I wanted to firstly say thank you to you for being an inspiration to me. I related to you from the moment i started reading your first book. I am a 34 year old christian who is searching for Financial freedom so I can serve others (give of my time) and one day help others to achieve their goals, helps and dreams. I have been passionate…[Read more]

my thought is new or old as they will both continue to appreciate in value over time. If the numbers stack up on paper than it doesn’t matter to me what the property is like. If old then you can renovate for some serious dollars as for new than its harder to add percieved value to property. I have renovated 3 old queenslanders and made money on…[Read more]

Whoa, You guys are all over my head!!! Can someone please please explain what a HBT and family trust and trusts involve and why set them up. What does a trust do? how much does it cost?? WHAT ARE THE BENEFITS??
cheers
John

Benno,

If you can’t find them you create them. Try to think outside the circle, try to find a solution to a problem that others find to difficult to deal with. can I ask why you are trying to find a postive CF property to offset a negative one. Is this for tax purposes??
I also suggest to find properties that are in the 150,000 – 250,000 bracket…[Read more]

spend less than you earn (golden rule)AND PAY YOURSELF FIRST then all your bills debts later. this is delayed gratification and over time the compound effect is enormous… buy things that appreciate not depreciate in value and askyourself is it a want or need before you buy.. cheer John Rizqallah

look into the deal. If the figures stack up them go for it. Dept of housing rent your property from you over a 7 year lease which means they will guarentee rent for that time frame whether you have a tenant in the house or not. They will pay for new carperts and paint the house after the 7 years is up . The idea behind this is a long term…[Read more]