Forum Replies Created
Ouch.
Stiched me up big time!!!!!! DOH!!!!!!-Thomas
“More Time To Snowboard”
Same here guys , I wouldn’t be where I am today without it.
On top of that there is nothing to stop me from leaving the program right now and saving myself alot of money. However as you correctly pointed out there is a hell of alot to be learned from the program.
And I have no intention of leaving. To date there have been many mind blowing experiences. Incidently my biggest mind blowing experience has been from the stuff that was released for free. So I stand by my comments earlier. I also hope others find the value in it that I did.
Also I feel it fair to point out that at no time should the truth be withheld. Im in the premium program and pay a considerable fee for the privilage. Regardless of who the service comes from Every one has a right to post there thoughts. While I have no regretts joining the program, My opinion is my opinion. And Im am happy to put up with the mistakes that seem to occur regularly. But when someone asks me about the program I answer truthfully.I wouldn’t be where I am today
1. If I had not read Steves first book.
2. If I had not spent the time reading and posting on Propertyinvesting.com
3. If I had not gone to a masterclass
4. If i had not purchased most of Steve’s resources available through propertyinvesting.com and read all of them cover to cover
5. Especially if i hadnt seen Martin Ayles
6. Joining the Premium Mentoring Program.In terms of value for money Im getting it, as my current investments should well exceed the cost of the program.
However I must press the point of being honest, and offering a balanced answer. This Program is not for everyone. The program got of the ground slowly with delays in the folders and incorrect DVD’s being sent out etc etc etc. Dont expect it to make you rich.
Its entirely up to you to make it happen.I highly reccomend the program. But I am not about to sugar coat my response to future applicants.
Your results will depend on you and you alone.
Having met Steve and spent time with him, I have complete faith in his integrity and honesty. And the same for others in the property investment team ive met and dealt with, Dave, Patrick, Brendan & Brent.
These are just my thoughts guys, take it easy. Every one is entitled to there own opinions, am I happy with the program YES.
-Thomas
“More Time To Snowboard”
Sydney more likely will have higher rental returns, considering there is a short fall of investors…
-Thomas
“More Time To Snowboard”
I felt a bit ripped off too, when they released the same folder and info for free.
Also agree that we are guinea pigs in a sense, and the next intake will not have the same problems.
Agreeably there is a lot on offer, I certainly would not be where I am now without the program.
However this program is not for everyone. Please understand it will not make you rich or ensure your success. Thats up to you, It will all come back to you and the decisions you make…-Thomas
“More Time To Snowboard”
Just polished floor boards in our IP. In all honestly having seen the floors freshly polished, they look unreal.
Just make sure that your boards are in ok condition.
For my IP polishing worked out to 16 dollars a m2 Paying somone else to do it.This Worked out cheaper than carpet, with a much better finish.-Thomas
“More Time To Snowboard”
Is there anybody out there…
-Thomas
“More Time To Snowboard”
Ditto…..Its highly unlikely to happen.
-Thomas
“More Time To Snowboard”
Personally having a spent a fair bit of time looking at the islands. I would not invest there. I dont feel like writing an essay so I will just touch on a few issues.
During the boom that market was running red hot. Hundreds of blocks of land were sold to Sydney siders and other states site unseen. All that cheap land below 20k. That was the time to own land there and be a seller. When prices rose from 12k for a waterfront to 160k over night.
Apart from that boom It is not a good investment now.
The Redland Councils Rates will end up loosing you money over time as they are quite high. At the same time it does not appear as though much of this money goes back into the islands.
However there is an even bigger problem occuring now. All these people who bought 20k blocks of land now realise the ongoing rates make the blocks extremely cash negative with no capital gains. Just do a property search there or look in the trading post. There are so many blocks back on the market now there is a complete oversupply. And prices have headed south big time.
My advice would be to steer well clear of this market. Unless there was some evidence they were going attempt to join the islands to the mainland again by road.
Just my opinion…-Thomas
“More Time To Snowboard”
Yes Residency requirements state that one of the applicants must reside in the premisis for a minimum of 6 months. And this must commence within 12 months of purchase.
You loose the grant and have to repay the exemption.-Thomas
“More Time To Snowboard”
mods over here
-Thomas
“More Time To Snowboard”
You will get it for cheaper on the day at the seminar. As there are discounts available on the day.
Ive got it and highly reccomend it. Its one of the best resources I have. Check in the archives for other topics like this one, seems to pop up regularly . With similar positive feedback.-Thomas
“More Time To Snowboard”
Teachers Credit union has offered a 85% LVR (no LMI) on most loans for a long time already. Surely there are other credit unions offering the same.
Perhaps if the big 4 follow suit, Credit unions may lower there deposit requirements as well.-Thomas
“More Time To Snowboard”
Hi all,
Yes it was a good read. Although be warned it has nothing to do with developing, rather it is a mindset book.
Definetly worth the read…P.S Herman Do you think Martin will mind you throwing his email up like that?
-Thomas
“More Time To Snowboard”
Hi all,
Yes it was a good read. Although be warned it has nothing to do with developing, rather it is a mindset book.
Definetly worth the read…P.S Herman Do you think Martin will mind you throwing his email up like that?
-Thomas
“More Time To Snowboard”
Same here, have bought several items from here over the net on credit card no dramas whatsoever….
-Thomas
“More Time To Snowboard”
Talking to a couple of REA’s here in western Sydney. 1 agency is selling 2 houses a day. Others have picked up also.
They pointed out that vendors where starting to realise yesterdays prices are long gone. And are now meeting the market.
I still feel however that these bargain prices are not such bargains. Just a true indication of its real value in an overpriced market.-Thomas
“More Time To Snowboard”
Hi All,
I was of the opinion that you needed your structure in place before you signed the contract. Do you leave yourself open to action by the ATO by setting the trust up after signing?
I think i read somwhere else it will throw up a few red flags with regard to tax evasion?I believe troynbec are doing a buy reno sell.
If your doing a reno which is a short term venture would it be feasible to just use a company to purchase and sell. This will access the 30% tax. Meanwhile there is no need for CGT exemptions. As the property is Hopefully bought and sold within a year?
Happy to hear others thoughts…-Thomas
“More Time To Snowboard”
Im a mechanic also
I did my apprentiship at a Major dealership.
DO NOT TAKE YOUR CARS TO DEALER SHIPS TO BE SERVICED UNLESS YOU HAVE TO.
A trust worthy mechanic is money in the bank…-Thomas
“More Time To Snowboard”
I agree with Gross. Depends who the solicitors are. IF they where mine. And had done my due dilligence for me. THen id sign without even reading it!
-Thomas
“More Time To Snowboard”
I agree with Derek. However If your prepard to downsize then I would consider selling and renting.
How much equity do you have and how much is it returning in this current market?Considering you live in it. It is more then likely dead money not returning anything.
ie. If you own 400K you could
-bank it at 5.6%.
-Reap a retun of 430.76 a week.
-You keep $100
– Pay rent of 330.76Point being there is ample opportunity to better 5.6% out there.
Say you doubled it.
If you own 400K
-Invest at 11.2% return
– Reap a return of 861.53 aweek
-you keep 530.77
-Pay rent of 330.76.Just food for thought…..
-Thomas
“More Time To Snowboard”
