I created a page for members pics but stop updating it. I will put it back so you can send me pics and I can post it there. wait for couple of hours… []
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PropertyGuRu Who want to be billionaire?
He is very famous for wrapping. If you search here you will get some information about him. I think there are two people are big in wrap in OZ Rick and Steve. []
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PropertyGuRu Who want to be billionaire?
When I went for tour 10% return = $40k they keep on increasing 3% rent every year.
No agent fees, no maintenances fees just insurance to pay out of $40k
They said valuation would come around 350k
They say you have to put 30% to get loan so you need 30% of $350k which is $105k plus 50K (because valuation was not $400k) which is equal to $155k
Yes they talk about getting retire people from city these town etc.
They say they can lease these properties from you if you want else you can run your self.
Now if one property is for $80k (400/5= 80) so they are paying about 160 rents but rent is that area is only 120-130 for this type of units. But I don’t understand how do they pay that much extra without charging any fees etc. But their answer is that they have their own people who look after these places etc. I think they are able to pay because they charge extra in the start.
They don’t put any pressure on you to buy anything in bus tour but people get very impressed by them and want to buy ASAP.
Impression come I think from free tour, accommodation and free nice food. lol.
But overall if one want to go and learn about their business and look around those cities it’s not bad
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PropertyGuRu Who want to be billionaire?
Food won’t be cheap incase you are going as I been to their trip so don’t worry about beans etc. I bet you will love the food if you go with them. [8D]
You will get seprate room. No sharing rooms.
How you got all this idea about cheap food and share rooms etc??[!]
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PropertyGuRu Who want to be billionaire?