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  • Profile photo of Ryan McLeanRyan McLean
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    @ryan-mclean
    Join Date: 2010
    Post Count: 547

    Well I actually already have kids…well I have a kid. Had a daughter one month ago. But kids should never stop anyone investing.

    I didn’t start in the real estate industry when I was 18. If I did I would probably own a lot more properties that I do. But I have always been an avid studier of property and I want to be financially free in 4 years (before I turn 26). I have a lot of business ideas, as well as property investing skill that should easily get me there. It is fun trying to achieve such a huge goal.

    What is your goal?

    Do you invest in positive or negative cash flow property?

    Ryan McLean | On Property
    http://onproperty.com.au
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    Profile photo of Ryan McLeanRyan McLean
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    @ryan-mclean
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    Post Count: 547

    I have never heard of government auctions. But if you can buy houses or land for cheap then that sounds like a great idea.

    People tell me all the time that I am stupid for what I invest in. But the numbers don’t lie. If you are making $10,000/year in passive income and the people who say “I would never buy that” are making $0 then who is laughing now?

    I try not to listen to people who give financial advice if they aren’t already doing exactly what I want to be doing in the future. Otherwise their advice is tainted with their own motives.

    Ryan McLean | On Property
    http://onproperty.com.au
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    Profile photo of Ryan McLeanRyan McLean
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    @ryan-mclean
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    Post Count: 547

    You know, if you buy a house it comes with the land as well? That way you will still own a block of land, but as the years go on the people renting your property will pay for it, instead of you having to pay for it.

    If you are just starting out it might be a good idea to buy something that has some sort of cash flow. In 10 years rents will go up a lot and you might find yourself earning a lot of passive income.

    Ryan McLean | On Property
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    Profile photo of Ryan McLeanRyan McLean
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    Post Count: 547

    We got a great couch from Fantastic Furniture. A 3 seater with a chase for just $700.

    Your best bet is not those warehouses but Ebay. There is loads of preloved furniture on ebay and most of it is really cheap.

    My mother in law is redecorating her whole house and she is buying most of her stuff of Ebay. It is GREAT stuff and we go a table and 4 chairs worth about $800 brand new for $150.

    Ryan McLean | On Property
    http://onproperty.com.au
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    Profile photo of Ryan McLeanRyan McLean
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    @ryan-mclean
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    The 4-Hour Work Week is an AMAZING book and I loved it.
    I wasn’t a huge fan of the Real Book of Real Estate though. I found the stories in it irrelevant to where I was at and so I couldn’t learn much that I could apply.

    One of my favourite books about business that I just read is Richard Branson’s book “Losing My Virginity”.

    Again not specifically related to property, but a great read for all business people. It really expands your mind.

    Ryan McLean | On Property
    http://onproperty.com.au
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    Profile photo of Ryan McLeanRyan McLean
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    Yeh Steve’s books are specific to Australia and would make a good start. I have also read almost all of Margaret Lomas’ books and they are pretty good too.

    I have found though that the best way to learn is by doing. I have learned so much about trusts, building and pest inspections, contracts, bank loans and other due diligence and purchasing processes just by doing.

    Ryan McLean | On Property
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    Profile photo of Ryan McLeanRyan McLean
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    I have never heard of it before in my life. What does it do?

    Ryan McLean | On Property
    http://onproperty.com.au
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    Profile photo of Ryan McLeanRyan McLean
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    @ Jebro – I am thinking of starting my own meeting in Sydney. Just wondering how you promote your meetings and how many people come to them?

    Do you just use this forum? Or do you market it in other ways as well?

    Ryan McLean | On Property
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    Profile photo of Ryan McLeanRyan McLean
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    That sounds awesome!!! Wish I lived in Perth so I could go.

    I would love to hear an update on how it went.

    Also how do you promote an event like this? Do you JUST use this forum to promote it? Or do you use other promotion methods as well.

    Ryan McLean | On Property
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    Profile photo of Ryan McLeanRyan McLean
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    Man this thread went on a huge tangent from the bootcamp.

    I want to know if anyone has done a course like this before and whether they thought it was worthwhile?

    Ryan McLean | On Property
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    Profile photo of Ryan McLeanRyan McLean
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    I haven’t done her course, but I have been to a one day seminar with her. It was a free seminar where she was pitching her mentoring program.

    It looks pretty legit. If I could afford to do it I wouldn’t because I would use the money for Steve’s R.E.S.U.L.T.S program instead. Just a personal opinion there.

    The lady is legit, if you can afford it then I doubt you will be disappointed

    Ryan McLean | On Property
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    Profile photo of Ryan McLeanRyan McLean
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    Any of these meetings in Sydney?

    Ryan McLean | On Property
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    Profile photo of Ryan McLeanRyan McLean
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    I don’t think charging people a small fee is a huge crime. Yes you can get it for free, you can get almost anything on the internet for free.

    But if someone takes the time to the organise it and present it in a way that is easy for the everyday person to access and they decide to charge for that…then so what.

    A friend of mine took free information from the internet, organised it into an ebook, and charges $6-$7 for it. He makes a few sales per week. Even though people can access it free online, doesn’t mean they can easily find it.

    I would pay $10 if it saved me an hour of searching on the internet

    Ryan McLean | On Property
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    Profile photo of Ryan McLeanRyan McLean
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    @ryan-mclean
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    @ DWolfe – I am enjoying myself on this forum, and thus I like to make comments on everything.

    By making comments the forum lets me know when an update occurs in a thread, so I can stay in on the conversation.

    ps. I see your comments everywhere too :)

    Ryan McLean | On Property
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    Profile photo of Ryan McLeanRyan McLean
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    Post Count: 547

    I don’t think property prices are that far over valued. I think if the government was to remove the negative gearing advantages then yes, we might see a decline in the price of property. But other than that I don’t think much could happen that would decrease properties by 40-50%

    Ryan McLean | On Property
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    Profile photo of Ryan McLeanRyan McLean
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    @ryan-mclean
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    Hey Snowy,

    I am considering running one in Sydney focusing on investing in positive cash flow real estate.

    Just wondering how you built yours up. How did you get 29 people to show up? Is this forum the only way you marketed it or was there other methods you used?

    Any feedback would be much appreciated.

    Ryan McLean | On Property
    http://onproperty.com.au
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    Profile photo of Ryan McLeanRyan McLean
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    @ryan-mclean
    Join Date: 2010
    Post Count: 547

    How did the meeting go? Did many people come?

    Ryan McLean | On Property
    http://onproperty.com.au
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    Profile photo of Ryan McLeanRyan McLean
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    @ryan-mclean
    Join Date: 2010
    Post Count: 547

    I think they are going to go up.

    Population growth vs. available housing is getting more and more out of hand. We already have too many people and not enough housing and this problem will only get worse.

    They are not making any more land either, so as more people come to Australia there will be more demand for land and thus prices will rise.

    Interest rates fluctuate all the time, but in history the prices always seem to go up over the long run.

    Ryan McLean | On Property
    http://onproperty.com.au
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    Profile photo of Ryan McLeanRyan McLean
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    @ryan-mclean
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    Post Count: 547

    What is the advantage of using your service over any other service?
    Is it cheaper?
    Do you deliver all over Australia?

    Why should I choose you over your competitors?

    I am not asking this to be rude, I am seriously interested as I am in the process of doing some minor renovations and need supplies. I just want to know what makes you the best.

    Ryan McLean | On Property
    http://onproperty.com.au
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    Profile photo of Ryan McLeanRyan McLean
    Participant
    @ryan-mclean
    Join Date: 2010
    Post Count: 547

    It is a good site. From what I can see it looks like a blog that will be regularly updated. Is this correct?

    Unfortunately the information is too general to be of use to me, and I believe that may be the case for many other users as well. I would be interested to know what other people think.

    Ryan McLean | On Property
    http://onproperty.com.au
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Viewing 20 posts - 301 through 320 (of 527 total)