Thanks all
You have convinced me not to get involved. I can wait until subdivision is complete and then buy some of first releases. I can then sell them later. Even if I make a little bit of profit in the end it is better than losing my shirt to start with.

Yes I’ll take your advice. You’ve wised me up. Many thanks
Jules1[exhappy]

I also thought it was a bit strange that the Bank would not provide the loan based on the great deal that this looks like being. I don’t really want to provide the full sum up front and wait until the subdivision before I can sell.

But the land really looks good. So I don’t know what to do

Jules1[blink]

Its in Victoria. but the person that currently owns the land said the bank would not provide a loan for the subdivision and so he wants the money up front so he can carry out the subdivision. Its a very large area cost about $2million, so he wants the money up front before he commences the subdivision work.

But he has got the plans ready and…[Read more]

Thanks Claire.
I did the search on Google and came up with the information I want.
For others in my position here is the deal

FHOG is $7000 and the Vic State Govt throw in a bonus of $5000. Both are administered by the State Revenue Office.

There are also some additional duty concessions for pensioners and families. You need to obtain the…[Read more]

Hi all
I am in Victoria. So you are saying I would get $5000 from State Govt and $7000 from Federal Govt.
thats great.

What Fed Govt would look after this grant, does anyone know???

JULES1

Thankyou all for your thoughts about this issue. I was stumped on it and its really interesting to hear what the situation is and to hear everyones views. Robert I have the same feeling about this as you, since reading all the responses above. Surely the Fed Govt can do something about this. Looks like we will have to vote Libs in at the…[Read more]

IS ANYONE OUT THERE???

Hi
I have just read the latest book by Steve. I found it to be more of a motivational book. I have already read Steve’s first book 3 times – I love it, but I was ready for a change. And I found the latest book so refreshing because I could empathize with the stories of all the mappers. I loved the fact that they were a diverse group and each…[Read more]

Hi there
well for a start – keep the news to yourself on how much you have. The good advice above is to educate yourself and stick the dough in a bank for a while until you know how you can best serve your future with the wonderful windfall.

Dont blow it mate. There are plenty of vultures out there just waiting for innocents like you to come…[Read more]

[cigar] Thats the million dollar question. Look for them on the internet, local papers, major newspapers etc. So if you are already looking on the internet and the paper, then you are doing what the rest of are doing.. I think the problem is to be able to recognise the right property for your circumstances.
Cheers
Jules

Thanks for replying.
I really would like to attend the seminar. But the morning that I logged on to book, it was booked out.
Hope you run another one Steve.
Cheers[]

Thanks Karen
I thought I was the only one out here until you answered. The administrator of this group sent me an email advising me to review the previous item listed by Shushar on this topic, however Shushars items does not answer my question.

Hope I get an answer from Steve or the Administrator soon.
JULES[]

Vianndra
I think the same way as you. I read his books and this was the beginning of the change in my thinking. I did think he was the guru however the bad press has really irked me off. However I credit him with trying to change the way people think. He did it for me. But I would not go to any of his seminars now.

Cheers[8D]

Just interested in what you thought about the seminar as I am contemplating going to the next one Steve runs[]

Just reading through the replies.

You are all most helpful.

I am single and have not owned my own home nor an IP before and so reading the replies it seems I may be able to get the FHOG.
that would be fabulous.
I have been reading Steves book and based on what you are telling me… I’m getting excited already. Looks like I will be able to…[Read more]