I have friends that joined up for Omegatrend… To them it was going to be their saviour… they have a little baby and needed to have a business they could run from home.
Unfortunately, after paying the entry fee and buying some of the products, they couldn’t get enough people to sign up so they could move up to the “next level”…
I also have truck-loads of books on investing, but I just want you to know this: It was YOUR BOOK that motivated me to GET OUT AND DO IT!!! Lots of books are inspiring, but yours pushed me to take the next steps!
I am really looking forward to learning more from you at the Melb seminar.
I also know someone who did all the National Investment Institute stuff…. About a year ago he paid out over $10,000, and told me he’d be a millionaire very shortly with all the stuff he was learning. I told him to invite me around for dinner when he’d made his first million…
I told him I was also looking at investing in property and he…[Read more]
Again I do see your point…. I was just trying to offer another possibility, other than “working like buggery” to get a deposit, as you put it. I myself plan on buying six or seven properties using my current available equity. Then I will have to worry about finding other deposits after that.
I am certainly no expert in this area (yet), but I’m sure your “average Mum & Dad” would have some equity in their own home that they could also access for deposits…. well, that’s what I’ll be doing, anyway…!
The other option of course might be to be creative and source deposits elsewhere…[Read more]
I feel the same as you…. having read all of those books plus others too. It is like information overload. But it’s better than having too little information!!
If you pick up a couple of different ideas from a book, then it’s probably worth the trouble of reading it.
Obviously I’m one of the few that budgets actually work for (well, sort of, anyway)!
Just wanted to add also that I now budget for Christmas as well. Christmas-time used to be the worst time, because it would take till February or March to clear off the credit card. I tried putting a set amount of money per week into an investment account,…[Read more]
I think I’m a lot worse than most…. but then, we do budget for absolutely everything. We put away $400.00 a week into a separate account, and this covers every bill (i.e. including car rego, insurances, phone, gas, rates, everything) plus it also covers groceries, petrol, car repairs plus any medical expenses where we might be…[Read more]
I am only a semi-newbie myself, but I would have to agree with Toby — Steve’s book “0 to 130 properties” was very good, and I am currently reading the 2nd John Burley book. Also from my shelf of motivational books I would recommend Robert Kiyosaki’s “Rich Dad, Poor Dad” for a start, “Real Estate Riches” by Dolf De Roos and a good classic was…[Read more]