iambored,

Dolf is a Kiwi…. so I guess he’s almost Aussie !!! hehehehe…..

The proposal for finance is quite good, and, the banks do like it…. we use something like that with our bank and they are HAPPY….

Cheers

Scott

Pelican Investments
http://www.pelican-invest.com

Kay,

Agree with your tack to have scepticism when we learn about these seminars….. I do as well….

BUT… for some people whom we know reasonable info about, as long as the price is “reasonable” ( and that is the catch…. ) would it not still be worth it ??

( just wondering out loud here.. not trying to argue anything…… )

As an IT…[Read more]

um…. Iambored….

GIVE IT A REST………….

Is that impartial enough for you ??? I’m neither a moderator, nor do I know personally any of the moderators on this site, so, have no “side” to be standing on….

What I AM getting tired of, is you having dummy spits all the time…..

Free speech is fine… insults, mockery, threats are…[Read more]

SF,

any time you have more questions… we are all here to assist….

Melanie – if you have any wrap questions, feel free to email me…. happy to share info with you, before you take the leap….. if thats what you decide….

Cheers

Scott

Pelican Investments
http://www.pelican-invest.com

Lucifer,

No, we did it as 1 deal….. let’s not get greedy now !!!

We did get our solicitor to draft up an agreement before we bought the place though…. 10k fee for the buyer, so there was no backing out once we bought the place…..

Guy is over the moon…. he’s moving his already successful cafe biz from down the road to the place… so…[Read more]

The key to coverd call options is finding the right balance ( i.e. the strike price )

We always made sure that even if we did get called in, we would make money on the deal….

If you are going to do this, YES, DEFINITELY go out and do the courses….

It’s not a hard thing to do, but experience tells us that you can’t expect income every…[Read more]

SF…

Sad to see you still don’t get it…..

You are in a forum, with LOTS of experienced people all around you…. Yet, you don’t raise any questions about something you find so hard…..

When I first learned to ride a bike, I had someone there, helping me…..

We are here to help you…. if you ask……

If you are saying it’s too hard,…[Read more]

SF,

I don’t pass it off lightly…. We are wrapping constantly, and, truely find it easy…..

Suggest you wipe your behind, get off the toilet and go out there and start…..

Or, if you find some points confusing, then ASK…………….

Scott

Pelican Investments
http://www.pelican-invest.com

SF,

“wrapping is hard work ”

????????????????????? You sure about that ??? It’s all about paperwork and systems…..

Easy stuff

Scott

Pelican Investments
http://www.pelican-invest.com

Bob,

Good luck….

Seems like the first agent did not perform the duties he was contracted to… and has a case to answer of his own…. dereliction of duty…..

If another agent comes along, and he don’t like it… he should be suing the agent, and, not you….

anyway…. seems like you have a good case to defend yourself…..

All the…[Read more]

Originally posted by Terryw:
Does anyone in Thailand need to talk to a mortgage broker?

Well, Terry, I could meet you there… and we both claim the trip expenses !!!

[lmao]

Scott

Getting back to the actual topic here G7….

It seems that the marketing people have dug your friend a hole…..

But as mentioned by Kay I think. didn’t he/she vet the marketing, before it went out the door ??

What probably got Jenman’s back up was the style of marketing….. he then stereotyped the person behind the marketing….

No…[Read more]

Darren,

Yep, FHOG + Hurt $$$…..

But if you want to stay out of the market, leaving more for us, thats fine by some of us !!! [lmao] ( just kidding [laughing] )

Again…. RISK MANAGEMENT is your key issue….. Not saying jack up prices or anything like that…. I’m saying if you follow your systems, ensuring people can easily afford the…[Read more]

Children !!!! [offtopic]

Get back to the topic… what do you define as successful ???

Um, yes Yack, but has Jenman actually contacted G7’s mate and/or attended the course ???

If not, then how can Jenman claim it’s a ripoff ?? A little premature ??? Or does he just want more publicity for himself again…..

Darren,

Sorry but I dissagree with you…. we are wrapping quite nicely at the moment…..

We are having trouble keeping up with demand….

It’s all about how you buy… and obviously where….

Cheers

Scott

Terry,

Unless costs have dropped since 2 years ago, it’s not worth the cost to do it…. The banks make all the profit and not the option writer….

Did the sums… was gonna borrow 150k…. but ended up that with the fees and interest, I would get nowhere !!!

I think, as we all know here ( well I hope anyway !!! ) Leverage is the best way…[Read more]

Just a quick update.

Buyer decided to go for wrap instead of L/O…. Their choice….

In the process of doing the legals now, but it seems we have done a wrap on a restaurant building !!!

Cheers

Scott

Age,

On one hand you are asking about ethics, then in the next breath you talk about risk ????

Sorry, just abit confused !!! [blush2]

Ethics – DEFINITELY – BUT, depends on the wrapper…. the Majority of us who wrap do it with ethics in place… and are open about what we do…. The reaction from a person when you tell them they qualify is so…[Read more]

Chan

We “did” covered call options for approx 2 years….

when the price of our shares was at or above what we paid for them, we had a good monthly return….

When market is flat or downtrending you wont make a return….. simple as that….

When we did get a return we averaged 4%-5% per month……

You also need to remember the one drawback…[Read more]