martinw replied to the topic Book review – I want a refund! in the forum The Treasure Chest 21 years, 2 months ago
I think we’ve all gone off the track a bit here. It’s not about getting off your arse and stop being negative; it’s about paying $30 for yesterday’s news. And if you concede that finding deposits for multiple properties is beyond the reach of the average mum and dad investor, and finding a property that nets in the region of 10.4% CoCR is nigh…[Read more]
martinw replied to the topic Book review – I want a refund! in the forum The Treasure Chest 21 years, 2 months ago
martinw replied to the topic Book review – I want a refund! in the forum The Treasure Chest 21 years, 2 months ago
Carl, the point of my posting was a critique of Steve’s book, nothing more. The whole point is that Steve is promoting his book and aiming at ordinary folk who will take his advice literally. Where’s the value in giving advice if it is out of date and unrealistic in today’s marketplace. I believe Steve’s book is not much use if readers…[Read more]
martinw replied to the topic Book review – I want a refund! in the forum The Treasure Chest 21 years, 2 months ago
Lozza, if you use the equity in your home to fund your deposit, unless you sell it and realise any capital you may have, you still have to repay any further borrowings against the equity in your home. Wherever you source your deposit from, unless it’s cash in the bank or you have a generous benefactor, you have to fund it. And since the m…[Read more]
martinw replied to the topic Extraordinary delusions and the madness of crowds. in the forum The Treasure Chest 21 years, 2 months ago
Whilst individuals that are more knowledgeable wait to feast on the carrion, spare a thought for those that will fall victim to a hyped-up market. Mugs perhaps, but they needed guidance from responsible people. I take issue with those that encourage and fund such inexperienced investors.
The whole property investment pitch is nothing short of a…[Read more]