I believe Hans visualises your money in his pocket, and does or says whatever necessary to make his dream a reality….like every single other so called “guru”!.[lmao]

I was on his mailing list for a while till he started selling mobile phone deals.[withstupid]

Right on catwoman![inlove], it is simply yet another ATTEMPT….. to spread CHAOS…. through the minds of those good people…….. who try to live…. a PEACEFUL life……. without interferring in the rights of others![laughing]

But seriously, this is just another in a long line of lame predictions of doom from those who have nothing better to…[Read more]

I had a ppor which I renovated over a year and wanted to sell but didn`t have the money to finish it, and the things to get done were endless, I decided to bite the bullet and just put it on the market and fix what I had to in a hurry and see what happens.
Well the house sold very quickly at twice the price I had paid a year before, also the…[Read more]

If you are a builder sure, or if there is %30k or more profit in each one sure, this is taking into account that the homes will probably cost 20-30
percent more than you estimate to finish properly.
I have been in the building industry for 25 yrs and have seen first hand the stress it can cause, the extra time and money it can cost.

Giday Kenneth good post but you said ” the capital growth from my properties must far exceed the interest rate which I am paying on the housing mortgage. Thus, the average 5 year annual for the targetted suburb should not be less than 10%p.a.”.
This will not continue to happen that much is for certain, during boom times it is easily acheivable,…[Read more]

Sounds like it`s taking a lot more than 11 secs.[blink]

Great topic but it`s been tried before, very few responded with examples, makes you wonder doesn`t it???, anyway heres some info I will give.
I`ve always paid market price or very close to it so I never bought a “bargain” so to speak.
But I have bought 5 properties in the last three years.
My most recent activity is renovating a house I bought in…[Read more]

Resiwealth you did well there are none left at this price, did you have trouble finding a builder to do these homes?, guaranteed though the cost will blow out before they are done, price of biulding goes up by the day and it is taking longer and longer for builders to finish homes.

Problem is for every one successful investor that invests jointly with others, there are ten that will never do it again.
As I see it it`s hard enough to make a profit by yourself let alone diluting profits two or more ways.
What would be the costs or risk of extra costs with your commercial proposition?, I`m thinking it would not be worth the…[Read more]

I always wondered when money is made who says how much is made and how is it distributed?, anyone know?.

We are all entitled to our opinions but I disagree with the sum and substance of what you say.
Million overnight is a loose term, and yes this is what is generally the concensus, I don`t agree with it, also R/E is a very fickle industry, you follow the herds you get burned!.
I look at a few different forums for ideas most of which I dismiss as…[Read more]

It all comes down to price.
With regard to a conflict of interest or a hidden agenda yes they are grey areas.
Maybe I go a little overboard but I find it very hard to stand by and hear hardworking everday people being fed this financially free garbage, being told they are wasting thier days in their meaningful employment and then being sold…[Read more]

I haven`t had time to thoroughly check out the program but I think it looks good and is a great deal, I have not had many emails from them at all, after all it`s free, I have more issues with this forum for flogging books software etc it could be said the forum has a hidden agenda is not to help people at all but basicly a financial money stream,…[Read more]

Seachange you are right there!.
Not sure if Reed knows Alabos but I have spoken to both particularly Alabos on an American forum for a while a yr or two back.
One is a former judge the other a former Lawyer, and it struck me they both have very similar personalities, they both are extreme in there beliefs which is not always bad most of it good in…[Read more]

Anything is possible but I don`t think it`s very realistic, especially in the current market.
Problem is when you don`t have that regular income money just seems to disappear and it would not take much to put you in fact behind where you started, really think to make it viable it will become a full time job anyway so if you enjoy it I would say…[Read more]

Sounds like a good one Seachange but doesn`t really count in the recent category, I am interested if development is a option in any market.
Rakesh, yes seen similar around Brisbane, even if someone is a builder can still be pointless building when you can cash in without the extra work and worry.
There is a good site http://www.investinginland.com which…[Read more]

I wouldn`t pay the house loan down but still it`s not a bad option.
The power of cash for compounding is far greater than equity, having cash the ball is in your court, they will throw money at you.
Depending what your own strengths are I would probably buy a reno fix up and sell quickly but if you are experienced with developments go that way but…[Read more]

These stories coroborate my thoughts.
Alarm bells go off for me regarding any type of herd mentality with regard to R/E.
I checked out the IC a while ago and spoke to someone from there and was surprised (not really) that they had very conflicting beliefs to mine with regard to buying and selling houses.

I agree that the number 1 point is that we can`t ever take for granted that values of properties will rise at a certain rate and the time frames in which they will, even given the historical cycles, this is plain and simple gambling imo, it would not take much to throw this out of whack, and the one thing which makes me cautious is that there is…[Read more]

Aussiexj, I think you miss the point, these people simply do not put importance on money matters or investing that you do, when you mentioned amway this was a great example, I mean who would want a freind who only wanted to talk business and money all the time?, or even at all.