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  • Profile photo of Lawry73Lawry73
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    August 13, 2003 - 5:32 am

    65 acres = 263,045.7 square metres

    That’s a lot of land to build a lot of houses.

    wow.

    Profile photo of Lawry73Lawry73
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    August 13, 2003 - 4:44 am

    http://www.abc.net.au/nightlife/

    Tuesday 12th August PROPERTY

    Steve McKnight ‘From 0 to 130 Properties in 3.5 Years’
    Margaret Lomas ‘Make Your Money Last as Long as You Do’
    http://www.wrightbooks.com.au

    Australians sure do love property.
    And if owning the quarter acre block is a dream… then owning an entire property portfolio must surely be a fantasy.
    Not according to tonight’s guests – who’ve amassed over 100 properties from scratch.
    Put their secrets to the test tonight – with a property edition of Tuesday night money.

    Lawry: Can’t find the transcript.

    Profile photo of Lawry73Lawry73
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    August 12, 2003 - 3:59 am

    Thanks guys!

    Anyone from NSW?

    Profile photo of Lawry73Lawry73
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    August 11, 2003 - 7:09 am

    Di, buying a IP doesn’t always come with good tenants. In fact, many people here would probably have come across bad tenants, which is no big deal as long as you know how to manage them.

    Steve McKnight mentioned this in his book and how he massaged them and get them behave well, giving incentives and nice surprises but there are occasions that he had to pull the plug and lose some $$$ while it is vacant.

    Similarly for renovation works, he and his father and Dave tried one and earned $8000 plus over 6 months, not according to schedules and decide that renovation is not for him

    You have to identify what is for you and what you are passionate about.

    If buy and hold is not your favourtie, try reno, wraps or flips.

    Profile photo of Lawry73Lawry73
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    August 11, 2003 - 6:47 am

    Di, thanks for pointing that out.
    Looks like I should read John Treed’s book.

    Well anyone can claim to be right but at the end of the day, the one who is right is one who goes out there and do it and get the returns for life.

    Am I right?

    Profile photo of Lawry73Lawry73
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    August 11, 2003 - 6:38 am

    Westan,

    a friend of mine bought a IP in Horsham but he told me that it is still worth trying to look for one there but it is getting pricey.

    Profile photo of Lawry73Lawry73
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    August 11, 2003 - 6:14 am

    Hi AR,

    I would love to tell you which one but I didn’t bookmark it or note it down…so I might have to dig hard to get it for ya.

    see how it goes.

    Profile photo of Lawry73Lawry73
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    August 11, 2003 - 6:08 am

    Hi M & K,

    Did you look at them via internet or are you guys local in country NSW?

    Which papers can I also look at?

    pls advise.

    Profile photo of Lawry73Lawry73
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    August 11, 2003 - 5:56 am

    Hi AR,

    I found one last week on the internet re: commercial property some 30km away from Melbourne CBD.

    But I didn’t pursue. It fits the 11 SS guide.

    Profile photo of Lawry73Lawry73
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    August 11, 2003 - 5:44 am

    Thanks Su but I might be coming up to Brissy in Oct. Do you have details of shops that sell these secondhand stuff?

    For those in NSW, lend me a helping hand too if you could. Thanks!

    You can email. See above.

    Profile photo of Lawry73Lawry73
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    August 11, 2003 - 5:38 am

    Hi all,

    Whether RK is a saint or sinner…what he has said cannot be refuted totally.

    If John Treed has something great to say, write a book!

    Profile photo of Lawry73Lawry73
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    August 11, 2003 - 5:34 am

    Hi all,

    I am starting to look at properties in the far north and south of NSW.

    And I’m stuck in Sydney.

    Profile photo of Lawry73Lawry73
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    August 11, 2003 - 5:30 am

    Hi Su,

    NorthWest Sydney.

    Profile photo of Lawry73Lawry73
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    August 11, 2003 - 5:19 am

    Hi all,

    If I’m not wrong, the 11 sec solution guide is to produce a 10.5% return on properties.

    Whether you will want to accept 10.5% as the ultimate guide to buying properties is another matter altogether.

    Am I right?

    Profile photo of Lawry73Lawry73
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    August 5, 2003 - 11:28 pm

    Hi Maximus and all,

    Looks like I need to seriously look at properties in the redland bay area.

    Any other areas that look favourable? Have you tried using the 11 seconds solutions by McKnight to filter properties?

    Profile photo of Lawry73Lawry73
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    August 5, 2003 - 5:41 am

    Hi all,

    I’m Law and just bought McKnight’s latest book. Exciting!

    Anyway, I’m keen on buying a investment property on the bayside of Brisbane…Manly, Wellington, Lota etc. I reckon they will be like Sydney’s Manly, Eastern Suburbs in the next few years.

    Any tips so far?

    I’ve been to The Investors Club but still apprehensive about it.

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