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    August 13, 2003 - 3:48 am

    It’s not really MLM but with the same concept. You buy and then sell to other people you will keep on getting money untill they sell 3 product. It’s very hard to to sell so expensive stuff but yes if some one can do this then good luck!

    Amit

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    August 13, 2003 - 2:01 am

    New Investor,

    I am with not bad salary and got time to find the properties and have done extensive research on property reading books and attending seminars etc ( I just did 3 days seminar last weekend ) And I think I am ready to enter in the market with confidence. If you want to know any thing let me know I will email you back all the detials.

    Golfer,
    Yes you are right I will be doing that also but if I get eauity partners I can buy more and achieve my goals sooner. I know there are lot’s of people with no time I think it will be good for them also if they invest with me ( sort of becoming silent partner) and I think there are poeple who are stuck with their negative flow properties and can’t get any more loan etc even though they have money.

    I will email also. Thanks for your comments

    Amit

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    August 13, 2003 - 1:45 am

    Hi Wilko,

    I have seen Brad Sugars DVD. He is young guy with lot’s of money he has wrote couple of books. I don’t know what he teaches in $10k seminars. As all these type of people he DVD was good with lot’s of his proud talking.

    Amit

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    August 12, 2003 - 1:18 pm

    Another MLM sort of thing I been to their seminar before. it’s depends what do you want to do? may be information in that pack is ok. But in that much money you are attend some live seminar.

    Amit

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    August 9, 2003 - 3:41 pm

    If finding postive cash flow property is that easy then every one will buy and become rich quick. it’s hard to find and you have to creative to make them working for you. And once people get these they don’t tell you they buy them self. Untill you pay them for finding I know couple of agents who finds for you if you pay them fees. anyway be positive you will find all the deals in the market.

    Amit

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    August 8, 2003 - 3:42 am

    Dear Crashy,

    You almost crashed me. You said before you don’t have job and want to go into business and not sure where to start and then I think you were saying that Share is good and property are not as good as share. and now you are saying you are a tradesman am I missing some thing or confusing you with some one else.

    Amit

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    August 8, 2003 - 1:21 am

    Hi Fullout,

    He was here I think in May and he did 3 days seminar for property investor for $7K.

    Amit

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    August 7, 2003 - 10:51 am

    I think we started from telling about Biz to crashy and reached talking about MLM. [:D]

    I think even if some one like to work in NM it’s not easy biz. You have to work very hard to make some thing out of it. And in the process you will be loosing lot’s of your friends who will be scared by just listening your name [:P][;)].

    And in the process of making money you have to be brain washed and learn how to brain wash other people. Good luck to all NM people!

    Amit

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    August 7, 2003 - 6:33 am

    Yes I think Doolf De Roos who wrote Real Estate Riches started some sort of MLM and their company seminar start with saying they are not in MLM business but end with the same concept. they are saying their company will be bigger then Microsoft, Dell etc.

    About Robert I have read his all the books and tape etc But When I went to his seminar in sydney last time you feel like he is proudy when he say lot’s of things! No doubt about his knowledge etc but he should be a bit polite! may be I am wrong!

    Amit

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    August 6, 2003 - 11:31 pm

    Problem with the wraping is you can’t expect capital gain at all. And in positive cash flow property you will be having capital gain ( though in most cases not much ) which is also very important if one want to keep on buying.

    Amit

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    August 6, 2003 - 11:20 pm

    Dear JJ0007,

    Yes it’s from Entrepreneurs Success Centre guys name are David Hows and Phil Jones. I been to lot’s of other people seminars ( only 3-4 hours one ) But I found these people are good! let’s see what I learn extra which I didn’t learn from books and 3-4 hours of seminars.

    Amit

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    August 6, 2003 - 12:13 pm

    Dear Matt,

    I am almost same boat as you except not having that much cash. As I am doing my research for last 4-5 month on the property with books, tapes, seminars. I found all these things we can learn from all these but we need right people to start with may be not mentor after going through all these seminars etc.

    I am doing this weekend 3 days seminar and after that I think I will start the journey to freedom.

    Good luck!

    Amit

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    August 6, 2003 - 11:55 am

    If you are buying only positive cash flow property your borrowing capacity won’t be over. and according to me every one needs income in the begening to keep on geting loan and after a while once your positive cash flow is enough then one can stop working and still can borrow againts sum of postive cash flow.

    Cheers
    Amit

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    August 6, 2003 - 7:15 am

    Thanks Chandara,

    Any one else know about the buyers agents who look after only good positive cash flow properties.

    Amit

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    August 6, 2003 - 5:47 am

    Dear Westan,

    You gave good example. But how do you find these deals just from the normal real esate websites or do you guys got some special agents etc.

    Thanks

    Amit

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    August 6, 2003 - 1:46 am

    Hi David,

    Even though I don’t have much experience in it But as I am doing lots of research for last 3 months by reading as much books as I can and going to seminars I think if you want to make and save money quickly ( for your early retirement ) you should have more investment property instead of having your home which might cost you lot’s of money and no tax benifits etc.

    Amit

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    August 6, 2003 - 1:38 am

    Dear Rod,

    Being new in property investment Can you please explain me what is LOC and how it works I have heared about it in couple of places but couldn’t understand what is it?

    Thanks

    Amit

    quote:

    I’d suggest LOC, it gives you the best of both worlds.

    With most LOC you have the option of only paying the interest or paying down principal if you wish.
    Which can easily be redrawn if required.

    Some of the straight IO loans have limitations on the amount of principal repayments that can be made per year.

    The main downside with a LOC however is that you usually can’t fix the interest rate.

    Rod.

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