Forum Replies Created
Hi Property Head
I must say now you are being creative
] That’s how you win the game!I also wanted to add to you guys that want to be selected, I think I need my head read but I chose not to put an application in for the MAP program because I want to succeed under my own steam. Whilst the Maps people will be doing that I didn’t want to have any excuses. I guess that really only makes sense to me but the point is, what is the point, oh yeah, the point is even if you aren’t picked this forum is going to give you the same type of mentoring and you never know Steve might just give you some of that bountiful free advice that he has so generously shared with many of us here already.
Cheers
Leigh K[]Read, learn, grow but most of all do it.
Dylan
Don’t bid at auction unless you have preapproval for a certain amount. When the hammer goes down you have bought the property.
The penalties might be able to be explained by someone.
Cheers
Leigh K[]Read, learn, grow but most of all do it.
Hi Troy[
]Welcome to the forum!
Steve and Dave both have a famly trust and do a joint venture between the two trusts, as the trustees are companies nether of them appear on the titles.
You need to determine what goals you have and if working with a partner what there goals are also as you want to be going inteh same direction.
Once you have your goal set do some more research particularly here as there is an enormous amount of knowledge shared. You then develope a clearer idea of what your investments should be.
Good Luck
Cheers
Leigh K[]Read, learn, grow but most of all do it.
Hi Cockster[
]Welcome to the forum!
Success is 80% Attitude, 20% action.
Spend time in the forum learning about cashflow positive investing then some time researching areas. My tip for you is (and I don’t usually do this but) look around Geraldton. Now I don’t think your situation is hopeless, but it may require some planning and changes like re prioritising your finances so it frees up some cash that you can save.
Or as insider said getting creative like a business partner, a good broker, a creative deal etc.
It took us five years to get rid of the “black marks” off our CRAA and to re-establish a good credit rating. But we never thought we wouldn’t do it. ATTITUDE[
]Our last deal which was done last month was a house we purchased for $72k and had a rental of $150pw. We wrapped to the tenant for $87k and their repayments are $153pw. A good deal for both of us.
Also if you have read Steve’s book or any of his other material you will know that he had no house and a half share in an accounting practice, a basic wage. We all have a story, just don’t let your become a sad one.
Good Luck
Read, learn, grow but most of all do it.
Hi Folks
He did say control a $mil of property, and sure they could just go and buy an $800k or $1m property but that does not meet with Steve’s philosophy which is cashflow positive.
So I can only assume as I was not there, Steve said control a $mil of property but probably clearly thought cashflow positive property. Now that is a harder challenge.
As for Henry Kaye, this site has a search function located at the top of the page use it regularly as many topics are covered on a number of occassions and you will find a wealth of knowledge, so type in Henry Kaye or NII (his company) and see what people really think of Henry Kaye. BTW Henry if you are lurking that really is an original idea!
Cheers
Leigh K[]Read, learn, grow but most of all do it.
Also buying under market value these days is incredibly hard.
You can get creative, but then as a newbie that in it’s self is really hard.
Cheers
Leigh K[]Read, learn, grow but most of all do it.
Hi delyse[
]Welcome to the forum.
For my two cents, and I am only half your age but, your risk of being involved in property is no greater because of your age. If you follow the guidelines that Steve has set out (you will learn about them whilst visiting this web site and forum) then you are on a good track. If a property is returning money to your pocket it is a very positive thing.
As for your age though, my only though about that is the difficulty you “might have” borrowing money. However I will leave that up to the brokers on the forum to give their thoughts.
I wish my folks would have the brass balls to use their equity for a better future.
Best of luck.
Cheers
Leigh K[]Read, learn, grow but most of all do it.
Hi everyone
I think Steve blew up the forum[
], I feel like I have just come out of a nuclear zone. The net was blocked every which way. Even the more popular real estate search sites.Welcome back everyone.
Cheers
Leigh K[]Read, learn, grow but most of all do it.
Teylu
I knew you would get there this afternoon, well done.
Cheers
Leigh K[]Read, learn, grow but most of all do it.
Stormin
Welcome to the forum. This is probably on eof the hotest questions for a newbie and like all of us you will figure that out just by doing your research.
But as a general guide the medium and larger rural towns are the area most of us invest in.
As for going there yourself, it is probably a very good idea, albeit no always possible.
Good luck
Cheers
Leigh K[]Read, learn, grow but most of all do it.
Arty this isn’t one of those pre recorded series or anything, it is ongoing, they have had one meeting which you will see tonight on TT.
Probably the next months meetin gon TT next month is my guess.
Cheers
Leigh K[]PS: Del, I do wish I was doing it now[xx(].[
]Read, learn, grow but most of all do it.
Thats fantastic!
So how many properties have you or are you going to have?
Cheers
Leigh K[]Read, learn, grow but most of all do it.
hey Del
i’ve got a big crop of lettuce gowing in a box out the back, do you think you could come round and help me harvest it![
]Cheers
Leigh K[]Read, learn, grow but most of all do it.
good onya Teylu[
]your not far off, so what does Teylu mean.
Cheers
Leigh KRead, learn, grow but most of all do it.
Chan
I think if you watch Today Tonight tonight on 7 then you will understand the concept better.
Cheers
LeighK[]Read, learn, grow but most of all do it.
Hi teylu
This topic is discussed at length in many threads over the past few months, so if you do a search using the function at the top of the page you will find a huge amount of unbiased info.
Cheers
Leigh K[]Read, learn, grow but most of all do it.
Sorry Brian, I thought Bianca sounded much nicer. I have no idea what I was thinking but I have had a good laugh.
Sorry again
Cheers
Leigh K[]Read, learn, grow but most of all do it.
] That’s how you win the game!
]
]
