Hi BluegrassIs that 40%  a typo ? If not, it sounds pretty good to me.Also I'm confused – would you explain what you mean by " a negative geared cash positive property " , which appears to me to be a contradiction in terms.Also have to agree with you that motels are hard to finance as the banks want high LVR even from those with the right track…[Read more]

HiLooks like a match to me.     You own the land.You want to build some development on it and maybe sell it..You live far away and can't watch a project every day.You're not a builder.So you need a builder.You need a real estate agent to sell it.A builder is interested.So is a real estate agent.Looks like all the ingredients of a joint venture hav…[Read more]

What was the lie ?How many would it take to catch up ? Are these ones OK ?   :I have complete faith in the integrity of your agency because you are a well known REA.I know you'll  take good care of my property .You'll always give me your best rate.You'll always look after my best interests because you have that legal obligation as a PM.That's eno…[Read more]

Hi D – Wealth4LifeIt seems this post and my personal messages and emails to you are either being ignored or ALL of them are not getting through for some inexplicable reason.  Hopefully I have not put you on a spot somehow, and hopefully your brother really does own 19 motels as you say in your post.  So in the spirit of mutual assistance on wh…[Read more]

wealth4life.com wrote:
Hello,My brother owns 19 motels … exactly what is your question.Monolopy sell 4 houses buy 1 motel … it works D

Hi DPlease please I need to talk to your brother. I own one motel and need to ask about what strategy works to multiply that to 5 and how to admin them. Can you arrange a contact please. PMs don't seem to…[Read more]

2000 Ford XR8, looove it. As we know, you don't climb through early levels of investing if you waste money on cars beyond basic necessity.I started with crap cars which literally doubled in value when I filled the tank, cars I bought had only rego value and I dropped them off at the wreckers when the rego expired, no chance of fixing them, not…[Read more]

The base rate system stops rent increasing exponentially or compounding like 100%+5%=105%, 105%+5%= which escalates and usually becomes litigation .Many motel leases setup incorrectly have crashed when they became unviable due to rent increasing too high too fast and exceeding the ability of the business to pay it. Cheersthecrest

Hi GarryThanks for that very informative roundup. You put a lot of time and effort into that post. Seems to be the recipe for some conferences these days, the hype, the heightenedawareness & euphoria, the sell. Salesman's dream really, people running down the aisles to buy, grateful and excited.I suppose one way to value the deal would be to…[Read more]

Hi AndrewPls send me some info on those too.Thanks

Tenants may be thinking "why commit to a lease if we can get the same deal without committing?"The answer is security of tenure for the tenant.  Also, consider that the disruption and cost of moving for the tenant may discourage moving. If sufficient time has passed during the lease period, then they're probably due for an increase now…[Read more]

What are the basic figures ?Some hotels make more from selling you an apartment freehold, then managing it for you. If they have to pay you 5%, it's cheaper than paying finance 10% to buy one.Admin, letting fees, cleaning and maintenance costs charged to you are sometimes above market price.Be sure of the true market value of the apartment.…[Read more]

Email direct to RESULTS office.cheersthecrest

On the right hand side of this posting page is a good offer from the experts.Check it out.In The News
Make $25,000 On Your Next Deal New 1-day seminar reveals how to make $25,000+ on your first (or next) propetry deal.Cheersthecrest

Me too please, I'm getting quotes for rendering and I'm confused.Any info would be appreciated by me too, I'm all ears.   cheersthecrest

Unless the tenant can claim the door repair on their insurance, the landlord usually cops it because a landlord has to supply lockable premises.cheersthecrest

Don't be loudly irresponsible Scamp, if you don't know how to invest in the current market, then either DON'T, or learn how by joining the RESULTS program. I did, because I want to learn how.    The market is there all the time and is always full of opportunity.        Hope you find some, that is, if you want some.    cheersthecrest

I ran out of time and was concerned about missing out on a place , so I took the plunge and paid for a place in the 2008 RESULTS program. Now I'll find out first hand what it's like.My thanks to those members who did assist and posted information about 2007 and 2008  program – Steve McKnight, Juliet Kitchen & HouseImp. Hope the others are sim…[Read more]

Thanks PrusliHopefully by then we'll both be too busy empire building to remember this post.  Ideally I'd really like to hear          from someone in last year's program – hopefully one or two of them might be watching and be willing to assist with some feedback.  Whatever happens, good luck to you Prusli.  Cheersthecrest

As a business couple, and motel operators,  we have been planning to launch into a new investment phase by building a residential property portfolio, so this RESULTS program arrives at a good time. However, we're careful as any investor should be, and we're trying to conduct due diligence on this program, and appreciative of any comments in this…[Read more]

Saw inside a great unit last week in Wagga Wagga with under stairs area used for bookshelves.cheersthecrest