Um I think you made a typo there Yack….or maybe not [^]

Thanks for the comments Mini,
I’m interested. You mentioned that you are already doing this. Do you have a good number of deals coming in on a regular basis? What sort of time frame are we talking about? Anyway put me on your list. Of course there’s also the question of, How much?

Thanks,

MarkyMark

Hi Ben,
I went last year and it was hard for me to fork out the cash as well as I am not big on seminars at all.

I think I sat there for about 10 minutes looking at the form on my computer screen with my card number and details filled out before I pressed the send button. []

As far as the course itself went it is very easy to follow, so don’t worry. I think a little too easy; I think it could have been a little meatier.

But I am not trashing it because it was very good and I do not regret going at all.

Steve has allot of energy and he seems very focused and motivated, which is really great.

In order to prepare, if I was you get an idea of the current conditions of the market (raising interest rates, affordability levels etc)

Then when you’re at the course bombard Steve and the others with questions. Don’t feel bad about doing this, you’ve paid so get in there and milk it for every bit of information that you can get and write it all down so you don’t forget any of it.

I met Steve at the last one and one things for sure he has allot of experience. The reason I say current market conditions is because this is difficult information to get if your just starting out (like me and it sounds like you too). There are tones of opinions on this, just do a search on this forum or the Internet.

However, I think that the most reliable analysis of where things are going is from someone who has A. Allot of experience and B. has allot to lose if things go bad.

But then in saying that you still should not take what he says as gospel either in my opinion.

What I am really trying to say is,
Try to get something from the course that you cant get from anywhere else.

The foods good too.

MarkyMark

Hi Mini,
As long as I can do my own due diligence so that I can get satisfied with the deal, area, property etc then sounds like a great idea. I’m interested. One thing would this be exclusively NZ? or Aussie as well??

The other thing is this section,

And if there was a contract on the place, so you couldn’t be gazumped? And that you could still pull out if your builder’s report or conditions were not met, but you’d only lose the bird-dog fee?

I’m wondering if it would be fair to still charge the full bird-dog fee if the building came back bad?

MarkyMark

I think your best strategy is to firstly work out what you want. Get some financial and lifestyle goals. Work out what’s important.

Once you have that in place then you have something to aim for. What happens then is you begin a search of what strategies will enable you to achieve what it is you want. You might be thinking, “just give me the strategies”.
But seriously if you get clear on what you want you will begin to know what strategy is suitable when you see it as you continue your education. The reason people can’t give you them is because they are not you and they don’t know what you want.

I think if you asked, what’s a good strategy for capital gain, or to increase cash flow. You would probably get a good response.

Maybe not what you wanted to hear but I hope that helps,

Cheers

western,
I would have thought that towns of 5000 would be way small and a very high risk. I’ve been looking at 50 -60 000 population size and have not even bothered with anything under 30 000. Maybe I’m being too conservative.

Regards

Hi Christian,
I have pretty well completed looking into this for myself. Structure is a complex area, you will probably need advice. However, I think that it is well worth setting it up if you want to get serious about investing in property. Also doing it before you start investing is a good idea as it can be very costly to change everything later on and for this reason many do not (or so I have been told).

Probably the main reason for structure is asset protection.

I have heard allot about the book that Terryw has mentioned “Trust Magic” but I have not been able to find a copy. I have seriously tried about 5 book shops and none of them even have it on their database. If you find it let me know. I think I’ll check the web for it today.

Also check previous posts there is some really good information here and there

regards