As another member with a axe to grind, I have come to the conclusion this site is all shadows ad mirrors and of very little value but I don`t see the need for you to defend your actions, its perfectly understandable.
I have often been against the grain and have never once had a post moderated.
But I only visit rarely as I have decided not to post as I have more positive things to do with my time. My posts are there for anyone who wants to read an opposing veiw minus the insults, I don`t need them as they are based on fact.
It is a shame that some posters do cross the line as thier credibility and good faith in thier opinion goes down the drain the very instant they do it.
Good luck all.

If you want to grow personally you are looking in the wrong place imo, I cannot imagine anything more counter productive than hanging around a bunch of R/E obsessives and since when is spending large amounts of your hard earned money a prerequisite to grow or to test your comfort zone.
If you need friends or support I suggest you look elsewhere! and forget about R/E investing altogether.
Since when does this course or any like it guarantee you being in the 5% you mention?, I would hazard a guess it will guarantee someone will be in the 5% but it won`t be you.
This 5% stat is overated and misleading in many ways imo.

Yes and why do these people not act….risk, here age plays a part background/opportunity plays a part, time is a big factor, for them they decide it will not work and maybe they do not possess the inner belief to continue on the the face of failure, if it were as easy as the gurus say everybody WOULD take action, but reality can and often is VERY different.
Like one of the main lessons taught in the great book Think and Grow Rich, when we make big decisions or seek very high ideals/great goals it can take the form of great great risk even death and so it must be assumed that there is a very real possibility of failure and/or humiliation, and it is often just one step beyond seeming defeat that great success is acheived.
Most people do not want to take this kind of risk through the beliefs or teachings of others, and oftentimes it might turn out to be a wise choice.

So what I am getting at is that the program in reality will help very few, if there were a GENUINE fair dinkum full money back option after a decent amount of time it would have credibility.

Precisely what I have said on many occasions with regard to having a “mutually exclusive” outlook to the detriment of being openminded to possibilites, one being with regard to buy and hold strategies!.
But in this case I make an exception… tenfold.
I fail to see how on such a grand scale such dramatic predictions can be made or strategies used regarding R/E, especially given the current “climate”.
I am wondering what is actually the aim of the mentoring program and what do the participants hope to acheive?, they must be expecting miracles to fork out that kind of dough!.

I also have a house in a prime position but also a flood zone which is selling for way under market. It hasn`t flood for decades….at all and the house is above the flood zone.
Agents all give differing opinions on the matter.

Keep this mind when buying or selling through an agent.

NEVER EVER trust the advise or believe a real estate agent no matter how experienced or highly regarded, in any way shape or form, NEVER.

If you want a yes or no the answer is no there are none.
Not at least for the inexperienced or short on dough type investor.
You need to put money in to make them this way.
There are some CF+ properties around in regional areas but they will be in flood prone areas etc or have problems which need to be overcome and this is not at all easy.
On the net and in books you will of course get a lot of wrong/dicey/unethical info at best, maybe even illegal, you need to be careful what you act on.

That`s right, all this positive attitude stuff is great, but it is not negative in the least to question something, in fact it must be one of the most important aspects of life, it would be ridiculous to act positively to every situation you are presented with without questioning it, the only ones who push this are the ones with a dream to sell.
They have a magic answer for everything, just like the “if you work for a living you are dumb and/or worthless” crowd, or the “anyone can be financially free” crowd, this is not only improbable, but impossible and in fact does a lot more harm than good imo and is equal to any negative comment or thought I ever heard.
If you want something it`s hard work, don`t expect smooth sailing and don`t misjudge a friend because they appear negative, but be strong enough to dismiss it after giving it a fair hearing.
They may truly be looking out for your best interests………. and may even be right.

If you want a solution best bet is to give exact details as to work done, how much rent you expect and post a link to the property. You say you dropped the rent $15, but from what unrealistic amount could be the key.
Many these days buy properties from a highly leverage position following very bad advise from so called experts and then expect that there new tenant will automatically pay an inflated rent for a “cosmetic makeover”, cosmetic makeover is exactly that, really not worthy of a rent rise, maybe the property was in dire need of it to begin with.
Then again R/E is so fickle that it would not surprise me if you got another agent and rented the property in a day or two, it could be that you have simply picked a bad manager.

My advise would be different to many, I would say do not “jump in”, right now is not a time where you need to do this, you do not want to go backwards, you have overcome the single hardest part of getting to where we all want to be but few are.
I would say to resist the urge to become to highly leveraged in order to get rich quick, retain a high level of equity in quality property and keep working toward a goal.

Good thread
My picks out of the many I have read include Think and Grow rich, Rich dad Poor Dad and Real estate riches by Dolf DeRoos, these three I have scribbled notes right through and marked many pages with stickers for easy reference.
I recently started reading Peter Spanns $10 million property portfolio in just ten years, and while I haven`t gotten past a quarter the way through I am disappointed with it, really it is a lame attempt to emulate Rich Dad, I`m not sure I will even finish it, and there are not many I don`t read right through.