Hi,

While the RESULTS program is now fully subscribed, the answer to your question is that the seminar provides intensive training over one day, whereas RESULTS provides training and mentoring over 12 months.

Clearly there is a cost difference too.

In the end, they are different products aimed at helping investors maximise their property returns using a variety of different strategies.

Cheers,

Hi,

Make sure you check out http://www.homepriceguide.com.au

They now give some good stats for free.

Hi Cam,

Thanks for your post. You ask a question that every property investor must considerat some point.

The advantages of buying in your own name are that it is quick, cheap and readily accepted.

The downside though is that you have very little asset protection and are liable to pay the highest amount of income tax if your taxable income is high enough.

In your case, because you are self employed in a high risk field, most accountants would suggest that you hold your investments in a separate entity.

That way, if you are sued professionally, then your personal investment assets will be locked away in another structure an not able to be clawed back by your creditors.

If you were to own the investment property in your own name then it would be up for grabs.

I suggest one of the two courses of action:

1. See an accountant and discuss the pros and cons of setting up a family trust with a corporate trustee. You could then be a director of the Trustee company and also a beneficiary of the Family Trust. An intro meeting will probably cost you between $250 and $500.

OR

2. Grab a copy of WealthGuardian (available at: https://www.propertyinvesting.com/products/products/11) as it explains all your various structuring options in quite some detail and also outlined my investment structure. The cost is currently $339.

Hope this has helped.

Hi,

Depending on where you are, the question of whether or not it is big enough is more a question of the footprint that you can build.

Assuming you can get a planning permit, your could build a small one bedroom bedsitter out the back… but I’m not sure this would meet many planning codes.

The bigger issue you will have is having access for parking. Not just a garage, but the turning circle for the car. Also, you will need to be careful about having sufficient private open space for the existing dwelling.

This is why the positioning of the existing house is so important. Ultimately you will need to have two garages / carports on the site.

Re: services… anything can be done for a price. I suggest you call the local gas company and ask them what the price and process is. Naturally, it will start to become expensive if you have to run the mains a long way.

The subdivision is not so much hard as it can be expensive and time consuming.

And some final advice… the real key to success is not what you buy or build, but how much can you sell the project for as this will ultimately determine if there is any profit in the deal sufficient enough to make it worthwhile.

Hope this helps.

Hi,

I’m not sure how I missed this post, but in reading the comments I would add that any person who is happy to share his or her time by helping others leaves quite a footprint.

SIS was a welcome and valued contributor. His passing is sad news indeed.

Hi,

John was part of the MAP program as featured in my second book. Irrespective, I do not endorse or sanction him or his investing.

It is true that John spoke at several seminars I ran and presented case studies that he had invested in. On paper they promised to make attractive returns, however I cannot vouch for those profits being realised as I have not spoken to John for nearly 2 years.

Of recent times I have been contacted by people who have said that they are owed large sums of money from John as a result of joint ventures they did with him.

I suggest that you complete a thorough due diligence before handing over any money, and that you ask to speak to satisfied customers who have made profits.

Also, as with any investment, be sure to have valid security that underpins any loan made.

Nicko,

Planning regs vary from State to State and Local Council to Local Council.

Generally, a hammerhead (HH) block will contain two titles, plus a common area for the driveway and shared services.

Each block will need its own private open space, parking and turning circles as required by council.

BTW, if you are looking for a good product that explains developing then check out Martin’s Development Blueprint at:

https://www.propertyinvesting.com/products/products/36

Cheers,

G’day!

I am assuming that it is $190k (ish) for the pair, as individually they would need to have gold taps and diamond roofs to command that sort of price in the Valley.

With all investing, you need to go back to the question of your motive for investing. Since these will be neutral or slightly -ve cashflow, you will be in it for growth.

Accordingly, as part of your plan, you need to identify how and why these units will grow. Make sure you read my latest book for ideas here.

Cheaper is not necessarily better.

If you could outline more info about where you are confused then we could help more.

All the best,

No probs Lee.

I have changed the title of your post in the hope you will be able to attact the reponse you need.

Cheers,

Hi Lee,

Thanks for your post.

When you say ‘financial advisers’, do you mean accountants, financial planners, mortgage brokers…?

These days it is a wide area.