@henry Adams Im glad that you decided not to go ahead with the purchase of the property in Coomera, if you are looking for another great hotspot in particular in NSW I think you can't go wrong with a property out in the Hunter Region.  There are so much infrastructure and developments planned for that region literally billions of dollars, that you should see great capital growth!

You can get a great 4×2 on a large block for sub $400s and achieve a decent rent over $400 pw.  There is a very low rental vacancy in the area, and constand demand for rental properties.

Food for thought!

@henry Adams:  I have a hard time understanding why companies like Custodian Wealth Builders and JDL Strategies charge a fee for their properties when its my understanding that they are also receiving a very healthy commission for selling either their property or a property they are promoting from another developer.

Is that commission enough?

Hi llori,

The reason they told me why I wasn’t chosen was because they were looking for a diverse range of people and their personal stories from various ages and backgrounds so as the Australian public could easily relate to a particular story. I guess the concept is… “if they can do it and they are in the same position as us, then we can do the same!” And so the person reading it decides to give Investing for Profit a call because they have a proven track record in helping someone else in a similar situation become a property millionaire! Not a bad marketing campaign I say! My story apparently was too similar to someone who was already chosen as a Millionaire Apprentice, and so they decided not to take me on. I did see though in their office a file that had just the Millionaire Applications for just QLD alone and there would have been easily over 200 applications!

Anyway at the end of the day was very happy with the final result!

I would love to let you know everything that was discussed, however I think you would be really doing yourself a dis service by not attending one of their sessions.

There do not charge you for anything and their strategy session is extremely informative, unique and interesting. Compared to other property companies that I have seen I found these guys very down to earth, open and honest without the heavy pressure hard sell! They are lucky they didn’t go down that path as I would have walked straight out of the door!

Give the guys a call, it can’t hurt!

Cheers

Simon Holtz

Hi Bayer,

I recently attended a one on one strategy session with a wealth coach from Investing for Profit in Queensland.  They have a mentoring program that they are running for free by a guy by the name of Stephen Tolle called the "Millionaire Apprentice Program"  I applied for that program but wasnt successful as there are only a limited number of candidates chosen.  However who knows if you apply…you may have better luck!

I did found the session very informative and suprisingly learnt a lot!  They also offer a lifetime mentoring program available to all of their clients and this program is totally free!

So before you go forking out $10,000 on a mentoring program, I would definitely give these guys a call!

Hi Gurjeet,

I have also met with JDL Strategies for an appointment after attending one of their seminars a while back and have to say that I found that the properties they were offering were extremely overpriced!

Its really important to do your own due diligence on property to make sure 1)  You are paying the fair market price and 2) that the property you are purchasing fits the demographic of what people are looking for in that area.  I know of the Coomera area and its main demographic is young families, so purchasing a 2 bedroom townhouse with one bathroom and 1 garage for $435k is the most ridiculously priced property that I have ever heard off!  Don't quote me on this but I am pretty positive that you could pick up a 2 bed townhouse in that area for below $300k easily and many to choose from!

I hope this helps!

Hate seeing innocent people being taken advantage of… need to be wary!