trev1957 replied to the topic Dodgy pyrimid scheme, Network 21 in the forum General Property 15 years, 10 months ago
hi trev here,agree with last comment,Its definitly not a pyramid scheme as there is a product /s involved,However if N21 operated without the product which happens to be amway then it would be .i got asked to go to one of these meetings some 20 years ago.told of the possibility of making heaps of money.I kept on asking what they were selling…[Read more]
trev1957 replied to the topic Why Invest in the US of A in the forum Overseas Deals 15 years, 11 months ago
Hi to all,It seems to me that everyone is/has fogotten the 3 Principles of real estate investing 1. Research,research.research 2. Location,location,location 3. Affordability,affordability,affordabilityAnd as I've said (trev1957)before the…[Read more]
trev1957 replied to the topic Proprerty Investmant In the usa in the forum Overseas Deals 15 years, 12 months ago
Richard,after reading my last post i can see that it couldbe taken that the properties i mentioned were in the USThey are not I is in southport Qld ,3 in Adelaide.However it is possible to purchase properties in US with no money downGet a long settlement datedo any upgrades ( a lick of paint)Flip it to sell to someone else with a settlement date…[Read more]
trev1957 replied to the topic Proprerty Investmant In the usa in the forum Overseas Deals 15 years, 12 months ago
Thanks for your comment TonyMost of what you say is true also for investing in australia* property managers not doing thier jobs properly….. allowing known problem tenants into your property allowing properties fall into disrepair,due to unsatisfactory or no regular inspections* tenants trashing the place and doing a runner* cost of repairs *…[Read more]