Forum Replies Created
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 ans.notjing its just a network marketing meeting
Any how went to the meeting convinced in my mind it was amway Guess what it was.
I was cranky and got up and suggested to the spesker he and his ilk were nothing but con artists
why couldnt thier recruiters come clean when asking someone to a meeting and say it was amway
Ive actually here of churchs and other community groups being split because every one was trying to recruit everyone else
In fact one Pastor Banned the N21 from opperating in his churchHi 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,affordability
And as I've said (trev1957)before the American real estate investing market is HOT
Have we all forgotten Basic economics 101 of supply and demand
At the moment USA or parts of, are over supplied………therefore demand is down…..if demand down…….. PRICES FALL
Another real estate Principle is this where ever possible BUY LOW SELL HIGH ……or if supply is low and demand is high
prices rise ……….Good time to sell .
Another Rule Of thumb and its the same in USA property will always reboundBased on Historical data houses will Double every 7-10 years
Real estate should always be seen as a Medium to long term investment And in My opinion you cant loose
There are some methods of making a quick 10k-50k in amatter of days or weeks
Check these sites out http://www.Moneyforyouandme.com/RealEstate
http://www.leadsleap.com/go/15411
http://trev1957.noriskrealestate.hop.clickbank.net
http://trev1957.4closures.hop.clickbank.net
Could give you more sites with information you all seem to need but dont want to over do it
Maybe someothers next time. See what resaerch can find out for you.
You see this is why Research,research,research in my book comes before Location,location,location
Because your research will lead you to the right Location
Any how cop u later Trev
PS just one more thing which is realy IMPORTANT
YOUR (USA) and mine(AUS) need investors,entreprenuers,people of vision to KICK START our economies again
Remember a lot of people come out of the Great Depression very rich………How, they Knew it wasnt going to last for ever
Invested when every one else around them were cryingg doom and gloom………sound like today!!!
Richard,after reading my last post i can see that it could
be taken that the properties i mentioned were in the US
They are not I is in southport Qld ,3 in Adelaide.
However it is possible to purchase properties in US with no money down
Get a long settlement date
do any upgrades ( a lick of paint)
Flip it to sell to someone else with a settlement date earlier than your own date
Pay original owner and pocket the left over.Thanks for your comment Tony
Most 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
* etc.etc.
Tony Ive been through all those problems
You are right and like all Business's you Must Do Your RESEARCH and own Homework as you say, but wouldnt you agree, 4 houses in 6 years for 695k and now worth 1.2 mill? Makes it all worth while
I dont know of anything that gives the same rate of return except for High risk Share portfolios
Nor do I as a Businessman Electrical contractor Know of any business that does'nt have it's own
Set of unique of problems
My Motto in life and in business is This ……
"IF YOU'VE GOT A PROBLEM BUT YOU CAN FIX IT, THEN YOU DONT HAVE A PROBLEM AT ALL"
All the best Now is the time to invest in Real estate
Trevor
