MiniMogul replied to the topic ESC (Richmastery) ? in the forum Heads Up! 20 years, 5 months ago
I agree, the seminars are Okay, however there is an undercurrent of….hmmm….get rich quick type hype which I find offputting. However if you’re into Anthony Robbins you’ll probably miss it completely. If you get my drift.
Their deals used to be great, but now – I agree with Jars – they are hopeless. And for 4995 or whatever they charge, for an…[Read more]
MiniMogul replied to the topic Rather Scary in the forum Forum Frolic 20 years, 5 months ago
My cousin who is so brainy he discovers new enzymes told me that coke is more ‘sour’ than lemon juice. A lot more. Even though it doesn’t taste it. So yeah, i know it’s bad – the calcium leaching thing is a problem. As is the acid making the system too ‘yang’. but I love diet coke too. I love Pepsi MAX more, but that would be splitting hairs…[Read more]
MiniMogul replied to the topic Advice in the forum Help Needed! 20 years, 6 months ago
hi Michael,
I can’t believe you said this –
“Do not focus on authors such as De Roos, Koslowski, etc. These guys preach to the masses -”
did you mean Kiyosaki? Well De Roos and Kiyosaki do preach to the masses, but I am the masses, and that’s how come I heard of them. I got a lot out of De roos and Kiyosaki got me ready for De Roos.
That was…[Read more]MiniMogul replied to the topic NZ +CF in the forum Help Needed! 20 years, 6 months ago
henry, not too late!!!!
not at all!
joy to the world
MiniMogul replied to the topic Forum visitors in decline in the forum No Subject 20 years, 6 months ago
hey alf,
the type of houses Steve was buying in Aus then (60K, rent for 130 per week) are available in NZ RIGHT NOW, so you could use Steve’s exact strategy right now, but in a differentcountry, and get exactly the same result. Why do you think so many of the MAP people are there now!
cheers-
Minijoy to the world
MiniMogul replied to the topic Members Pic Page in the forum No Subject 20 years, 6 months ago
oh geo,
thank you so much!!!
It was on hamilton Island. More ‘pig in muck’
really, hehe
It’s so nice to see everyone’s pictures. I’m finding I’m going back and looking again and again!joy to the world
MiniMogul replied to the topic The ‘X’ Factor in the forum Help Needed! 20 years, 6 months ago
Marisa, I’m with you, M Lomas, SIS, and Dolf de Roos on this one – ‘fall in love with the deal, not the property’.
Sure, if you have two deals exactly the same price and yield and all other things being equal, and you’re trying to pick one, and one is ‘cuter’, then sure, call that the ‘better deal’ if you like, because of the percieved added…[Read more]
MiniMogul replied to the topic Is neg gearing usefull at all?? in the forum Help Needed! 20 years, 6 months ago
‘wrong’ – I reckon, there is no such thing – it was right for the time, and for what you knew and in the context you were doing it in – income, risk, etc.
I think it’s fine to regularly evaluate your strategy, goals, etc and make sure you are doing the best you can, whatever that means to you.
Just like court cases change tack completely when…[Read more]
MiniMogul replied to the topic Is neg gearing usefull at all?? in the forum Help Needed! 20 years, 6 months ago
Just to reply to MCWong, A good (safe) strategy (one taught by richmastery at their seminars) to avoid having to be forced into a sale if you lost your job, not to mention a good sustainable long term buy and hold strategy with the best of both worlds, is to buy 3-5 +ve CF properties to every one neg geared growth one. This means you can keep on…[Read more]
MiniMogul replied to the topic NZ +CF in the forum Help Needed! 20 years, 6 months ago
“I had another friend tell that the area was bad and going nowhwere fast”
Hmmm, yeah, it’s all relative and depends who you talk to. One person will say, Tokoroa is fabulous, it’s the 2nd top cashflow town in NZ,
it’s booming, RE agents are run off their feet, there are and traditionally always have been lots of renters, you can buy properties…[Read more]MiniMogul replied to the topic Members Pic Page in the forum Forum Frolic 20 years, 6 months ago
oh man!
i just sent my pic to you but it bounced. (That bad, was it?)
No seriously, I posed specially in my best T-shirt. *Hehehhehehe*your inbox must be full up…
joy to the world
MiniMogul replied to the topic Capital Gains in New Zeland in the forum General Property 20 years, 6 months ago
if you hold it for a year that seems to convince the tax dept. that your intention was to buy and hold and you’re not a trader. therefore no CG tax.
if you’re a trader, buying and selling all the time, or quickly, and the profits form your income, then yes they tax you.
i’m sure that’s what I’ve read somewhere, but then again don’t quote me, I’m…[Read more]
MiniMogul replied to the topic Please I need your advice in the forum Help Needed! 20 years, 6 months ago
chan – i agree – there’s something seriously wrong there- with that site, with the guy who has only posted once here in his whole life, and hasn’t been back since to post again – to lead us to the site he ‘founded’ or found, or whatever –
yeh the spelling is shocking – it wouldn’t surprise me if the guy really did ‘found’ it – and maybe it’s some…[Read more]MiniMogul replied to the topic Forum visitors in decline in the forum General Property 20 years, 6 months ago
“I don’t think the government wants property prices to fall”
I disagree- I read somewhere that they actually do want them to fall, (gently of course, they don’t want to trigger a full-scale crash of course)- but they are concerned that the battlers can’t afford their own home any more – affordability is down.
Hence all their ‘moves’ of late.…[Read more]
MiniMogul replied to the topic Forum visitors in decline in the forum General Property 20 years, 6 months ago
“many people will become disillusioned and fall off property investing”
yack, yeah – and don’t you see that we’re all being manipulated by the government and the media to think that?
the stories have changed on tellie from ‘reno millionaires’ et al, to ‘interest rates up, auction clearance rates down, govt. introduces new tax to make property…[Read more]
MiniMogul replied to the topic CONFUSED!! Does this qualify as a +ve cash flow? in the forum No Subject 20 years, 6 months ago
interestingly, what both kay and monopoly said they’d need to confidently buy sight unseen is actually everything we provide when bird-dogging a property. from 20-40 pics of everything from the switchboard to the hot water cylinder, to a graph of the property market for the last 6-8 years, info sheet on the town etc, (every single relevant thing…[Read more]
MiniMogul replied to the topic +CF Properties – SOLD OUT in the forum No Subject 20 years, 6 months ago
i said:
the louder someone is yelling, the more fun I find them to debate with.
joy to the worldmonopoly said: Why would you bother?
like I said, because it’s fun, which means I enjoy it.
here are some other reasons I’m here too…
for the joy of expressing myself
because I like written communication
to learn
to share
to exchange
to…[Read more]MiniMogul replied to the topic Found a new area for +ve deals in the forum No Subject 20 years, 6 months ago
pisces, joke, or for real? re: denmark?
sorry, I’m half german, and sometimes I can’t tell when people are taking the pI$$…
I heard it was one of the most expensive countries in the world to live???
joy to the world
MiniMogul replied to the topic Calculating CoCRs in the forum General Property 20 years, 6 months ago
brahms, what on earth made you ask
‘did you inherit the properties’?
is it because you inherited yours, or something, and that was your way of trying to ‘bond’? or what?
joy to the world
MiniMogul replied to the topic InCoMe!!!!!!!!!!!!!!!!!!!!! in the forum General Property 20 years, 6 months ago
I’m investing in an independent TV production company which is shooting an entertainment pilot later in the year, whose business is developing talent and creating a concept and brand.
plus storing and growing earned and other passive income in property of course.
also investing in intellectual property (aka, mine!)
joy to the world
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