Forum Replies Created
Teresa,
I have your book and I really like it :o) I’m a fairly simple person, and I like things explained carefully and in plain English. Not that your book is aimed toewards simpletons, but I’m sure you know what i mean! I am really into accessibility, and your book provides that. It reminds me a bit of Jan Somers’ books actually, in its simplicity.
Best of luck with all your investing and further writing
kay henry
yes, qwerty, it’s better not to give when there is bitterness behind it. i don’t see gifts as about exploitation. It’s just a nice thing- giving OR receiving. god, it’s a bit sad when a topic like this becomes about exploitation, being used, resentments tenants have because our IP gets CG etc.
I wonder how Xmas is in some of your houses. [xmas][bow][grrr][axe]
Cel, maybe you shouldn’t get your tenants some easter eggs, you selfish, selfish person! How dare you shove your newfound wealth in their faces with your measly easter egg offering. what were you thinking of? It’s all about you, isn’t it, Cel…
kay henry
hiphop ;O)
Well, given that some of these CF+ properties provide an extra $10 a week net cash flow, which is $500 a year… then, lemme think.. where’s my abacus… you’ll need 100 houses to achieve your goal. you could probably do it if you bought 20 houses per year. No worries.
kay henry
Sometimes, in the work I do, the people I assist come into my office and give me some chocolates or some other little thing. this is whether their matter has been resolved successfully or not. I think it is so lovely of them. They do it because they’re grateful for the assistance- I have never thought they did it to make themselves feel good. I believe they do it to make ME feel good. And it does. Many of the people I see have one or two contacts with me only, and they usually give the small gift to me AFTER the matter has concluded, so it’s not like it’s a bribe to me to give them better treatment.
Some people are just very giving. As a recipient of some small gift on occasion, I have felt SOOO happy. Why do we have to look at a motive behind giving? Not every act we do in life is selfish- sometimes we just wanna make someone else happy.
kay henry
oh look! there he is, standing over on the left of the board looking shy! [buz2] don’t be shy Chan$ – we’re yer mates
kay henry
I’m confused about the guarantee on this product. In one large section on the page:
https://www.propertyinvesting.com/resources/5.html
it says you can get your money back and keep the products IF you do a wrap and don’t make triple your money. On the bottom of the page, it contains a 14-day money back guarantee. I’ve quoted both guarantees below. I’m wondering which one is valid.
“Remember: Your purchase is covered by the PropertyInvesting.com 14-day ‘money-back’ promise. If you’re not 100% satisfied, we’ll take itback, no questions asked.”
“The ‘No Hard Feelings’ Guarantee
I’ve thought long and hard about offering an appropriate money back guarantee for The Wrap Kit.“Honestly, I’m expecting some purchasers, once they see how much is involved in running a successful investing business, will be turned off. But that’s not a bad outcome though, as I think it’s better to have paid a few thousand dollars educating yourself than lose tens of thousand of dollars with a poor investment.
“Still, I don’t feel it’s fair for me to provide the education to the extent contained in The Wrap Kit only to be told “it’s of no use because there’s more to wrapping than first thought.
“On the other hand, for this kind of money there needs to be some protection that the information on offer works and will deliver on the promises made.
“So here’s the guarantee- if you follow the approach outlined in The Wrap Kit and don’t make a at least three times your purchase cost on your first wrap deal, then I’ll fully refund all monies paid plus you can keep the resource.
“There’s only condition… your first wrap deal must begin within twelve months of your purchase.
“The equation is simple… follow my approach, take action, and if you don’t make at least $6,600 on your first deal then I’ll refund your purchase cost plus you can keep the resource – no hard feelings.”
kay henry
Jody,
I would think passive income would be net income. Think of it as you do your wages. We get a gross income and a net income, but we don;t have access to the taxed part (except after we see our accountants!! [biggrin]
Passive income is what will be put into your bank account per month after all expenses. play money, basically :o)
kay henry
Schardin :o)
Yes, we make decisions every day about how we live our lives. Every day, hopefully, we learn, grow, and shift- in the aim, hopefully, of becoming better people.
I don’t know about comfort zones- life can be changeable, and we csan sit in a comfort zone, but that can be shifted by others, so we may have to leave it anyway. I think it’s good to be flexible, and to invite change, but in keeping with our personal core principles.
Thanks for your post!
kay henry
I think there’s a difference between parents who can afford it, giving their kids a deposit for a home as a present, and parents who are really skint being encouraged to mortgage their own home for their kids, when the latter may not be able to afford it.
As long as nothing goes wrong, it’s all good, but I wouldn’t want my parents losing their own home because I didn’t/couldn’t pay my mortgage.
kay henry
Kathryn,
Good to see you have it listed with an agent. Your distance from the property will cause complications in selling it yourself probably. The price isn’t so bad, and none of us here really sell pozz geared properties anyway, so why should you? You are looking for maximum price, like the rest of us.
Kathryn, time to start hassling the RE. As yack said, it should be the RE’s responsibility to show people through, not yours. Time to start doing a bart simpson and ringing the RE and saying, “is it sold yet?” “Is it sold yet?” “Is it sold yet?” The egent is employed by you, and the quickest selling time is in the beginning. You don’t want your property to go stale and have potential buyers offering you nothing for it.
kay henry
Hey Cel :o)
Yeah, give them some easter eggs- it’s a great idea. Why not? They’re helping you pay off your IP.
I gave my tenants a week’s free rent because they helped me sell my IP by keeping it in such good condition and being kind to potential buyers who came to see the place. I knew I’d probably never see the tenants again and not have any future relationship with them. So it was not gonna have any benefit to me. It was just an expression of my appreciation to them.
Vive les tenants!
kay henry
George,
I have no idea about the tax implications etc, but I would imagine if you are feeling really uncomfortable about the JV BEFORE you settle, then it might be time to get out now. Do you have an accountant you can dicuss things with?
I guess it’s possible for you to buy onew of the IP’s each. If you and your partner can afford to buy 2 IP’s together, can you afford to buy 1 each?
Guess this can be the trouble with joint ventures sometimes. I’d rather screw up my own finances than have someone else do it for me [guilty]
Best of luck with it, George. My advice- run away now. It’s your financial future you’re dealing with. Others might disagree though
In response to your question about givcing a reason to your partner… well, you stated you and your partner argue all the time. Chances are you might just be able to say, “I don’t htink this is working out”, and your partner might agree with you.
kay henry
Well folks,
It’s Rick Otton <edited to provide full name> next week, so that should be interesting.
kay henry
RE Agents will find you anything you’re looking for. Why wouldn’t they want vendors on tap? Their jobb is to sell a house quickly and at the best possible price, but if they can sell it on day 1, they still get full commission. They don’t want a seller hassling them because their place isn’t sold.
They are SO easy to form a r’ship with!
kay henry
I thought it was funny how the guy said he has a higher IQ than most people (I usually find that people who mention their own IQ’s are not the brightest bunch) and then he wrote up a word on butcher’s paper “SUCCESFUL”. hehe- I laughed my head off [thumbsupanim]
kay henry
a dump in the sticks? hmmm. Nathan, you have a rather substantial termite problem. People choose to buy cheaper houses in outlying areas because they are more affordable. I hope hte termites don’t eat up your place in sydney too much, because you may have paid for land only.
kay henry
That was AWFUL. God, why pay 8k and buy cars for these guys?
kay henry
1 hour to go- tick tick… just thought I’d put this at the top so all you “active topics” junkies can get to see it [whistle]
kay henry
Rugby,
You look exactly one inch taller than an old girlfriend of mine :o)
kay henry