Total Members: 159,250

MiniMogul

  • MiniMogul replied to the topic 11 sec rule is OLD lowball rule in the forum Opinionated! 21 years, 1 month ago

    Rod C, !! wow!!!!

    Yeah – I honestly didn’t peek….!!! that *was* a fair dinkum astute guess – and I know he’s posted there in the past.

    Here’s his web site.
    http://www.hpc.co.nz

    Actually, i was just there reading his ‘property clock’. Quite interesting!

    cheers-
    Mini

  • MiniMogul replied to the topic 11 sec rule is OLD lowball rule in the forum Opinionated! 21 years, 1 month ago

    muppet- hi!
    thanks for posting all the stuff. It’s interesting. re: the first one,

    it reminds me of ktkiwi who posted here a while back and was slagging off +ve CF investing in small towns, and he turned out (whaddya know…) to have a website that on-sold property deals mainly in Auckland for a fee, a la richmastery.co.nz.

    I’ve found that all…[Read more]

  • MiniMogul replied to the topic contradictory crashy in the forum Opinionated! 21 years, 1 month ago

    “Delta is the only one that is compulsary to know. ”

    *wonders* ummm, as in, Delta Goodrem?

    *whooshing sound as this thread goes completely over my head*

    …i tried, though….

  • MiniMogul replied to the topic why cant people be themselves? in the forum No Subject 21 years, 1 month ago

    pin,
    I’ll have a go,
    though I’m not Steve,

    ” Positive cashflow. Is it really for everybody?”

    no because a) some people think they don’t exist, so therefore they won’t be able to find them. b) it is estimated that only ten percent of properties in Australia are +ve cashflow (I read that somewhere) so therefore 90 percent of people can’t have…[Read more]

  • MiniMogul replied to the topic cheapest best accomodation in the forum Opinionated! 21 years, 1 month ago

    wotif.com.au

    has brilliant deals, though only available about 10 days in advance.

    At Steve’s last seminar he’d organised corporate rates which were better than the wotif rates – we ended up taking one of the deals. Maybe he’ll do that this time.

  • MiniMogul replied to the topic Is it just me or do people want to be spoon fed? in the forum No Subject 21 years, 1 month ago

    hi everyone.

    re : “Yes I get sick of listening to people say they dont know where to find these properties but they keep asking so why not help. ”

    I’ve been a member here for a while (since ‘before Steve was famous’) and I love to help, but these days there’s not enough time in the day to read all the posts let alone answer them all.

    It seems…[Read more]

  • MiniMogul replied to the topic Neighbours’ home for sale in the forum No Subject 21 years, 1 month ago

    you could always buy it, subdivide, adding the strip to your property, and put the neighbour’s one back on the market – probably even getting the same price as before!!
    ????

  • MiniMogul replied to the topic IM FREAKING OUT MAN! in the forum General Property 21 years, 2 months ago

    hi dags,

    try this book

    http://www.amazon.com/exec/obidos/tg/detail/-/0671725580/103-2780087-5622211?v=glance

    “nothing down for the 90’s”
    -how to buy property with no money down”.

    Apparently still appropriate today! Robert Kiyosaki’s first seminar was with this guy. I haven’t read this book but I’ve just read another one by the same guy (robert…[Read more]

  • MiniMogul replied to the topic Property Investing and Tattoos ! in the forum Forum Frolic 21 years, 2 months ago

    “What do think of tattoos ?, “Art” or “Disgusting”. Be honest !…”

    Hmm….’western’ tattoos? Art… I guess.
    In a repetitive and cliched sort of way – ‘I want a butterfly on my ankle and a rose on my stomach’ . *yawn*

    I work in entertainment so I know lots of people with tattoos, the best ‘art’ i saw was a guy who had only lucky symbols from…[Read more]

  • MiniMogul replied to the topic What Pets do you have ? in the forum Forum Frolic 21 years, 2 months ago

    what’s chinese whassit?

  • MiniMogul replied to the topic Urban Renewal Houses are great buys in the forum No Subject 21 years, 2 months ago

    “They are ex housing commission houses that have been completely renovated.
    There is polished floorboards, new kichen, new bathroom, new fences, new gardens and new carport.

    hahahah!!
    Now I know the official name for what i did to my second IP!

  • MiniMogul replied to the topic 0 – 130 does not make you wealthy in the forum Opinionated! 21 years, 2 months ago

    brewza,

    there was a recent thread (or a couple of them) called finder’s fees, spotters fees, –
    do a search,
    if no luck start a new thread

    all I remember is that there were people from this forum that were interested in passing on deals they’d found but couldn’t get

    there are some ‘legit’ businesses doing the same kind of thing such as…[Read more]

  • MiniMogul replied to the topic Extraordinary delusions and the madness of crowds. in the forum The Treasure Chest 21 years, 2 months ago

    ” I fear for a lot of people they have the herd mentality ”

    Hi Erika

    i don’t think so, apparently only 10 percent of Aussie IP’s are +ve CF anyway, and only 0.05 percent of Australian property investors own 3 or more investment properties. (i’m one of ’em.)

    I know it seems like the herd – and i notice that the gospel of +ve gearing is spreading…[Read more]

  • MiniMogul replied to the topic 0 – 130 does not make you wealthy in the forum Opinionated! 21 years, 2 months ago

    I agree, shootingblanks,

    a mix, and +ve CF properties are a great way of building up your passive income so you can afford to buy a negatively geared one

    in fact I just went off an looked at some properties on the net at mcgrath.com.au

    HMMMM very interesting

    $255K to BUY on bondi beach, studio apartment, looked lovely, absolute beachfront…[Read more]

  • MiniMogul replied to the topic 0 – 130 does not make you wealthy in the forum Opinionated! 21 years, 2 months ago

    blah blah blah all right

    you can tell people ‘it can be done, I’ve done it, i’m continuing to do it, right now, in this market’

    till you’re blue in the face and they still won’t believe it, because it’s not true for *them*

    And their attitude will ensure that it continues to be true for them

    but what else can we do? I’ve posted pretty much my…[Read more]

  • MiniMogul replied to the topic Book review – I want a refund! in the forum The Treasure Chest 21 years, 2 months ago

    Hi Martin

    re:
    your post. i.e. “get real!….. I challenge Steve to show me one property that satisfies the 11-second solution in Melbourne or a country location that has the kind of attributes Steve recommends ……….”

    Ever since I started investing (with Steve’s method) I have been bombarded with people saying ‘that can’t be done’, ‘it won’t…[Read more]

  • MiniMogul replied to the topic Cash-strapped in the forum The Treasure Chest 21 years, 2 months ago

    hi belle498

    welcome to the forums!!!
    I think that cashflow positive properties would be an obvious answer. They are a bit thin on the ground as you tend to hear from those looking, but they are out there. Wraps are also good cashflow if you have the time to set them up but they are pretty gnarly with all the legal stuff and I think a little…[Read more]

  • MiniMogul replied to the topic IP’s in Wellington, NZ in the forum The Treasure Chest 21 years, 2 months ago

    morvyn,
    how interesting,
    oh that guy is welcome to it!!
    wainui is probably THE suckiest suburb in wellington. I mean, it’s locked in a valley, not on the way to anywhere (except wainui), it’s a hideous place really. I looked there earlier this year and I decided that there must be opportunities out there without me having to buy in Wainui. The…[Read more]

  • MiniMogul replied to the topic IP’s in Wellington, NZ in the forum The Treasure Chest 21 years, 2 months ago

    that’s brilliant crazy!
    yeh people thought I was a bit mad too but i’ve convinced them all over time…you should be able to get a few in the wellie area with that. good luck!

    oh yeah

    lyall bay
    building a supermarket huge doodah complex, it’ll be huge. Bit more to get in there, but it’s gonna be the new desirable 7 k from the city beachside and…[Read more]

  • MiniMogul replied to the topic IP’s in Wellington, NZ in the forum The Treasure Chest 21 years, 2 months ago

    “What are the implications in buying properties in NZ if you are from another country…. like Australia?

    from
    http://www.oic.govt.nz
    overseas investment commission of NZ

    SUMMARY

    1. New Zealand welcomes and encourages overseas investment from all countries. This is reflected by the facilitative nature of the Government’s overseas investment…[Read more]

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