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Viewing 7 posts - 1 through 7 (of 7 total)
  • Profile photo of Scott McDonaldScott McDonald
    Member
    @scott-mcdonald
    Join Date: 2005
    Post Count: 9

    Just remember where a lot of helpful people have come from. Some are great at what they do and then go and get the necessary qualifications to be allowed to further help people in an area that they are passionate about, On the flipside there are a lot of people with the relevant qualifications out there that are not experts in the field that they give advice on and make a lot of poor decisions on behalf of their clients (forestry schemes).  All of the mentoring that I received on my way to financial freedom has come from extremely successful but unqualified people and I now pass on this information to other budding investors to fast track their R.E.S.U.L.T.S as well.

    Profile photo of Scott McDonaldScott McDonald
    Member
    @scott-mcdonald
    Join Date: 2005
    Post Count: 9

    I'm in RP3.

    The best money that i have ever spent. I was never sceptical of the programe but i did not sign on for RP1 or RP2 because i thought that i was going ok with my investing at the time and would be too busy to give the programme 100%. I am now 2 years behind the RP1 team.

    As with all of the property investing products, you get exactly what you pay for. There is no lead up with small bits of information that gets you to the next expensive product. If you want RESULTS, join the next intake. If you want to know more about protecting your wealth, buy wealth gardian. If you want current market conditions and the "how it's done" templates go to a $600 seminar.
    ect, ect.

    The sort of deals that current RESULTS people are doing range from positive cash flow, renovations, buy and hold, development, wraps, vendor finance. Some people have not struck a deal yet, some are clearing massive amounts of personal debt, some have only joined for the networking opportunities and some people have done NOTHING AT ALL.

    If you have enough go in you there is nothing stopping you from being a huge success on your own and making all of your own mistakes or with any other group for that matter, but you could also learn from other peoples mistakes, successes and templates ect by joining results.

    The current deals that i am into since joining RESULTS is development and each deal i do is to make 100% COCR, ie if i put $5000 into a deal i need $10000 back, $100k in $200k back ect. I am currently putting together deals using money partners which is a strategy that i thought was only for the big boys and would not have taken on without the support that i get from my mentor.

    I hope that answers all of your questions.

    Scott

    PS. How much do you want to negative gear??
    I can show you a house to buy at an inflated price and rent it from you for peanuts if that is what you are after.

    Profile photo of Scott McDonaldScott McDonald
    Member
    @scott-mcdonald
    Join Date: 2005
    Post Count: 9

    Hi Guy,

    You dont sound that bad, actualy you sound very keen and motivated to me.
    I have sent you an email and would love to talk about possible opportuinties.
    I have a development on the go at the moment and am in negotiations for more and am looking for partners to put more deals together.

    Speak soon

    Scott

    Profile photo of Scott McDonaldScott McDonald
    Member
    @scott-mcdonald
    Join Date: 2005
    Post Count: 9

    Hi angelnot1,
    Where in the hunter is your investment property.
    I am investing in Muswellbrook and am currently looking for other deals for subdivision or development with a joint venture partner. if you are interested you can call me 0418414160.

    Regards

    Scott

    Profile photo of Scott McDonaldScott McDonald
    Member
    @scott-mcdonald
    Join Date: 2005
    Post Count: 9

    Because of your lack of planning and experiance the plumber and electrician would not have made a cent out of your job. As a dumb renorvator hope you have made your money.

    Profile photo of Scott McDonaldScott McDonald
    Member
    @scott-mcdonald
    Join Date: 2005
    Post Count: 9

    GeoffBeck

    I’m going through this at the moment and I’ve gone with a reputable agent. their fee is $600 which gets you everything up to the first annual general meeting. This is for a duplex in the hunter valley region.

    Hope this helps.

    Scott.

    Profile photo of Scott McDonaldScott McDonald
    Member
    @scott-mcdonald
    Join Date: 2005
    Post Count: 9

    Electrical work $4000 to $6000 for a basic fitout with 1 light fitting per room and standard gpo’s. Add $50 per point for downlights, ceiling fans, extra gpo,s ect.
    I am a electrician if this helps

    Scott

Viewing 7 posts - 1 through 7 (of 7 total)