I think, very much like the Rich Dad series, that her books are too repetitive. Good ideas, but not new ones.
It works well for having multiple streams of income. Maybe that’s why she only needs to have 10 propeerties in 15 years??

James

harbinger,
Your options would depend on how much you owe on the property, exactly how quickly you need to sell, how much you NEED for it.
You might be able to wrap it for market or undermarket value if you bought at a good enough price….

James

Thanks Yack,
Someone need to bring order to the thread. [biggrin]

Ever so thoughtful!!

Maybe you could post the ones you’re not sure of?
That way, a glossary could bbe started to and added to along the way.

James

Sure,
I’ll have it if you don’t want it….

James

As a general rule i suppose the answer is yes.
I always look to neutral or slightly negative gear my properties. That way if there isn’t a large amount of growth, it isn’t costing me much for the property. If there is growth, then I am making more money!!
If I had highly -ve geared properties and there was little to no growth I would be worried…[Read more]

This beats ebay!!

I’ll give you $201k

James

I never get tired of hearing that one.

James

Fun….
I wonder if I can train myself, so that it has a positive effect on Friday nights!!!

James

Originally posted by yack:

I am not saying property will go down by 60% but it could go down 5-20% or remain flat for a very long time – some say 4-10 yrs.

I don’t think that 4-10 years is a very long time. Especially when looking at real estate.

James

Hmmm,
That seemed to end the thread!!!

James

SIS,
You should look at soundboards.com
and look up the Arnie boards.

James

I think they did have info up at some stage.
I bookmarked it ages ago. Upon returning it was as you see it now.

James

Originally posted by wrappack:
… On ricks tape set he says that he always tries to get access to the house (under the guise of interior decorating/maintenance etc)prior to settlement, so that buyers are ready to go….

I don’t understand? Why does he need to do this? Or what is he doing it for? [eh]

Thanks

…if there is an oversupply of rental properties the tenants will get the last laugh.

Doesn’t Steve say he rents in the book?

Wow, you can have your cake and eat it too!!

James

Welcome Branda,
Glad you could join us.

James

I think there should be a new post count providing statistics on the following:
Useful posts
Not so useful posts
Posts in reply to posts of your own
Posts following up these previous posts
and of course posts made to boost post count!!

Elves,
Dolf mentions in his ‘Real Estate Riches’ book that he has bought 1 or 2 properties out of 20 that he thought had misprints in the ads. $20,000 instead of $200,000. Those odds work for me, and I think it would for making offers on places. If I purchased 10% of the properties that I put offers in for I would be happy, because I offer low.

James

Test, Ignore….