nicework g7

So which markets still have growth, for those of us that are newly enthused by Steve’s books and audio, but are having trouble finding appropriate properties to rent out in cf +ve way

Are regional centre’s a possibility? How easy is it to determine rental demand?

More stuff on the voigtstr at http://users.bigpond.net.au/voigtstr

Originally posted by DannyBoi:
From 130-0 properties in 3.5 days.

That’s right!!! He is going to see how fast he can destroy his entire property portfolio in just a few days.

He must be running out of ideas.

…Dan…

Funny man! [biggrin]

More stuff on the voigtstr at http://users.bigpond.net.au/voigtstr

Perhaps one particular forum just for advertising discussion.

Or perhaps a totally separate forum (differnt domain even)(so as not to sully the McKnight name if it goes pear shaped)

Or perhaps just a list of links to bird-dog websites and other services.

More stuff on the voigtstr at http://users.bigpond.net.au/voigtstr

Hobart!

(nothing like digging up an old post)

More stuff on the voigtstr at http://users.bigpond.net.au/voigtstr

agree with all the above…

also bird dogging is not allowed here apparantly as its advertising. So apart from some specific sites ( like the NZ bird doggers) where can one learn of deals that other investors have passed on (perhaps because they have their capitol locked in something else?)

More stuff on the voigtstr at…[Read more]

Thanks gross.
I’m determined not to use cards again. And I should be debt free (except for mortgage) by mid 2007… then all my spending power can go into investing.

oh and hey, once my debts are gone, feel free me to tell me more about these syndicates!

More stuff on the voigtstr at http://users.bigpond.net.au/voigtstr

Hi leoau,

The numbers are a bit lower, but I’ll tell you where I am at.

I earn approx 50k a year and have approx 25k in debt.

I’m currently saving about 500 a month into an ING account so that I have the deposit money for a 150-160k house around Hobart somewhere.

Through microsoft money 99 Ive used the debt reduction planner to work out how…[Read more]

Originally posted by Matt R:
I have not been here that long, but i am pretty sure that is not allowed….

Matt R (Gold Coast)

That said, what is the correct forum for bird-dogging? Say someone has already crunched the numbers on a potential deal, what is the correct way to source investors for that deal?

For some people that are time rich but…[Read more]

I lived in a flat in Caulfield South a few years ago. The place my partner and I rented was advertised in the newspaper, and was manaaged by the owners, they had an open home on a Saturday, and we offered to rent it on the spot (it was cheaper than the rest of the market)

Make sure that the property is being advertised in the papers.

Originally posted by Matt R:
I would say thats a No. Why not start a new post and ask who would be interested in joining one? Then maybe put the wheels in motion and start one? Maybe start by using that electricity you are so fond of and ring some of your friends?[biggrin]

Matt R (Gold Coast)

You are assuming I have friends!

so thats a no then ?

last I checked, must live in it for 6 months, hey you could have a reno done in that time

Originally posted by burstock:
Hi

Margarent Lomas is worth a read, she has a few books. Check at the Library.

Whoops! I have one of hers, I forgot!
“making your money last as long as you do” is the one I have…

Cheers
Simon

rich dad poor dad, and Steve’s books would give inspiration surely

Originally posted by Dazzling:
No…

I used the money that was earmarked for the Palm Pilot as a deposit on a small +CF flat and do the Grade 6 Maths in my head.

Hot one!

Originally posted by foundation:
Originally posted by RichardRoper:Why would any body Take up a wrap ?Perhaps for hedging reasons? If the house appreciates in value they can pay out the wrap and refinance, but if the house loses value they can walk away, leaving the vendor with the negative equity much more easily than they can with a bank.
And if…[Read more]

rather than the 11 second rule… I think the new way forward is problem+solution=profit

find a property with a problem you can fix
or possibly a person who wants to buy but cant for some reason.. find a creative solution to that problem (possibly reno, possibly a wrap) and find a win win solution that makes a profit

Thats the theory anyway.. my…[Read more]

My advice would be to read read read (and perhaps listen as well)

I started with Margarat Lomas’s “making your money last as long as you do”.
Then Steves 130 properties book.
Then the 1mil in one year book (came with fasttrack2 on cd)
and just this week I read Rich Dad Poor Dad.

In just a few days I’ve realised that spending money on computer…[Read more]

Originally posted by UsanaAssociate:
Hi all, I have been reading the Kiyosaki books on investing, and he seems a strong advocate of building a business before jumping into investing, especially network marketing as a vehicle for building a strong business with cashflow.

Receently I have joined a network marketing company…[Read more]

Originally posted by Mortgage Hunter:
If the equity and income supports it – then no problems whatsoever!

hmmm I doubt there will be equity for a while..

Hey in my position, would you just continue paying down the 25k debt I have whilst paying the new mortgage or would you combine the debt into the mortgage somehow?