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This is becoming an amusing post.
What ever your reality is in your head will become your reality in your life.
If you listen to people who say it can’t be done and you look for reasons why you’ll find what your looking for.
If you learn to harness your subconcious then it will tell you how to find what you want!!!
I just put a house under contract 2 weeks ago for 20% under RV with a 12% yield. The property is 35min from the capital!
If you don’t understand then read my first post I made.
Why make it difficult? Do what others don’t, use mind power and you will have results like you won’t believe.
Remeber that it’s so easy to do that most people won’t do it.
Regards- TOBYThanks CRJ,
I know what your saying and that’s not an issue. I’ve been investing for some time and have only recently taken on a money partner.
The reason I made the inital post was I’ve talked to alot of people about partnerships and JVA, and we know what we want to achieve, it made sense to me to see if someone knew how exactly the agreement between Steve and Dave was drawn up.
Everybody wants the best success, and I’m no different so I figured if it’s has worked for them why don’t I model it.
There’s no need to recreate the wheel- is there?
Thanks- TobyYour opinion is your reality! If that’s what you believe then that’s what you will find.
I have a affirmation that goes like this- “There are fantastic, excellent real estate opportunities everywhere all the time”
And I find them! But not all of them.
In the same type of market as you.
But I know it’s different right, and that was then, and if only I’d done this or that back then, well in a years time you’ll probably be saying there still aren’t cashflow properties.
I know someone who bought 17 cashflow properties in 3mths last year in a market that everyone says you can’t and their right, they can’t but this guy did.
Rodney I’d recommend you read mind power by John Kehoe and Money success and you by the same author and also Think and grow rich by Napoleon Hill bacause when you master your mind you’ll become rich beyond your wildest dreams.
Good luck.
Regards-TOBYThought I’d chuck my two cents in.
From my experience ones object is to make money and you don’t make it if your giving it away (unless you tith).
Adding value works for me. I use techniques from Mr Landlord like supplying a fridge.
What this does is the Tenant feels like I’m helping them out and they look more favorable on paying the rent on time plus they pay me extra for the fridge.
One property I have I bought a fridge for $150 and leased it to the tenant for $10pw for 9mths. They don’t own it until after the 9mths but because they will own it they are responsible for maintenance if it brakes down I won’t replace it.
I also get $5pw extra for leasing a dog kennel that I paid $350 for. The Dog kennel is a straight lease I don’t know what my ROI is but I know it’s primo and the Dog and Tenant are happy.
Cheers- TOBYThanks Leighk,
I have my solicitors opinion, however I don’t know if it is the same way that Steve and Dave have run it- obviuosly what they have done works, where many partnerships don’t- one of the reasons being their structure.
Experience has taught me to model what other successful people have done and repeat it. If thats wrong then Bob Allen has to be one of the most successful dumbest real estate entreprenuers on the planet (I think not!)
Regards-Toby