Forum Replies Created

Viewing 20 posts - 1 through 20 (of 48 total)
  • Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    I have put my plans on hold – I am still young (22yo) and my partner and I have decided to travel some more before we start our careers.

    Personally, I felt that the "mentorship" wasn't really that at all. I was suspicious of it as soon as the meeting started – it came across as a sales pitch rather than something of a tutoring / mentoring program. Was it naive to think of it to be as anything else? Most likely, but I was eagre to hear them out anyway.

    I suppose my warning would be to be wary of the process and to make your own educated decision.

    Was the property they were suggesting in the hunter valley region?

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    No problem.
    We decided not to go ahead about 2 minutes after they left after the meeting.
    It was late-ish last year that we had the meeting.

    I'm surprised they haven't been in contact with you much – that is worrying. Have you sunk much in to it yet?

    Definitely understand the earning of trust but my financial situation is quite delicate and this could definitely put us on tilt if it did not go well.

    The risk was too dangerous at the time.

    I believe the concept of the book was somewhat of a gimmick. However, I pray that is not the case.

    Do you talk with Steve much about other things?

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Hello

    I decided to not continue with the program as I did not like the proposition that was brought to us. Seemed more like a sales pitch then a mentorship program.

    Also, when I told Steve I was not interested he was quite rude and chastised me. He more or less said I would never be able to realise any of my dreams without his help – was very surprising and dissapointing.

    Good luck to those who took part – I hope it works out for you.
    <br /:)” title=”>:)” class=”bbcode_smiley” />

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Thank you Michael

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Does the FHOG-PLUS only apply to RESIDENTS in NSW or does it apply to properties being BOUGHT in NSW?

    E.G.
    I'm a first home buyer living in QLD and I want to buy in NSW (all hypothetical), does that mean I can get away with no stamp duty (whilst this scheme is active)?

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    That's a good point – the asking whether it covers those outside their portfolio.

    I would hazzard a guess at "no" but I hope that's not the case.

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Hi wisepearl,

    What do you think this means for people in this program?

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Was wondering if there was any more feedback about this?

    Would love to hear from Fiona H some more to get some better insight.

    Thanks!

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    I would recommend not clicking on any of those links above.

    Also, you could probably keep this in the other thread you made.

    Best of luck on your journey.

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Thanks mate. Have you gone any further or is it on afterburners until he fills all the spots?

    Are you at all apprehensive or skeptical?

    I understand how they make their money out of it all (nothing in life is free, after all). But I'm still a bit worried I suppose.

    I guess we'll see how the talk with him in person goes first.

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Just got off the phone from speaking with Stephen.
    He seemed genuine.

    Need to speak with my partner then organise an in-person meeting with Stephen.

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Awesome – glad to hear.

    What is your understanding of how the process works?

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    I just had a call from Stephen's people. He is calling me next week to have a chat <moderator: delete language> I don't know if I'm a suitable candidate but I guess we'll have to find out >.<

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Hi Shellanddaniel

    I too would be interested in the link for your property if that is ok!

    Thanks
    Lordopg

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Cheers Jamie – I'll have to troll through those, thanks mate

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Hey Susie,

    Interesting! thanks for the info!

    @angel,

    thanks – very helpful (as always!) I haven't seen those free reports but they are interesting. Will be good to actually apply the stats to what I can see when I go out there to have a look around!

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    No Inala investors? :( haha!

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Hey Ravi,

    I find myself in a situation similar to you. A lot of people will find it hard to understand where you want to go at your age. I'm sure you've read Kiyosaki's books… it isn't something we are taught at a young age!

    What your parents said about going to Uni isn't a bad idea though — like JacM said, that piece of paper is what will allow you to be 'qualified' to work in a higher paid job.

    I think some of the suggestions by Kent – that is, getting in to the property industry somehow – is something that you should look in to. Basically, without a decent income you aren't going to be able to deem yourself eligible to service loans anyway so, that should be your primary concern at the moment as well as trying to reasearch!

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Firstly, congrats John for owning those properties outright, no easy feat for sure!
    Secondly, consider the people that have done what Steve has done… 130 in 3.5 years.

    Now, I'm going to take a punt – without any other information, just based on what we know right now – that Steve is financially better off than yourself.

    That is only one example though – not saying that either approach is 'right' but cutting one down completely is a bit silly ;)

    Profile photo of lordopglordopg
    Member
    @lordopg
    Join Date: 2010
    Post Count: 50

    Hey Fergus

    I have just started my journey towards being a property investor and am very much starting to research intensely into areas / places of interest

    From what I have gathered, through my own research, and the words of some more seasoned investors, these sort of deals don't just 'crop up'…

    It is all about being creative with your investment strategy and your solutions that you bring to the table. Being pro-active in letting agents/sellers know what you're looking for. Going to lengths greater than just looking at realestate.com.au

    Fact is, people do sell below market value, for whatever reason that may be. You just need to know where to look and you need to be proactive about finding those deals.

    When I get closer to buying my first property (i.e. have enough capital to start putting overs out), I will be blogging about it with almost complete disclosure – i.e. what I thought of places etc etc.

    Hope this helps!

Viewing 20 posts - 1 through 20 (of 48 total)