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  • Profile photo of phanpeterphanpeter
    Member
    @phanpeter
    Join Date: 2004
    Post Count: 2

    Hi there

    Just attended the Masterclass in Perth where Dave spoke about his experiences in NZ & US.

    Some issues to consider
    * local knowledge ie getting out there and seeing the lay of the land yourself. How do you know the money you are paying of that investment is going to the investment and not someone’s dream porsche.
    * not too sure whether the investment involves $Aust or $US or $FX (some other foreign exchange currency). There may be implications eg make money on investment but losses when you sell during due to currency conversions.
    * Different land, different laws.
    * Whether you are a resident / citizen of that country may have commercial implications.

    Peter

    Profile photo of phanpeterphanpeter
    Member
    @phanpeter
    Join Date: 2004
    Post Count: 2

    Hi there

    Just attended the MasterClass in Perth. Enjoyed it and learnt a lot. Very professionally run. Encourage anyone to go if have the opportunity.

    Steve suggested techniques as simple as asking eg “What is the price you’re willing to accept if I make a cash offer today?”

    Gets you a quick idea as to what the lowest number is going to be straight off.

    Peter

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