Forum Replies Created
Hi Matt,
It's no different to an "option" or a "simultaneous" settlement …
Yes you can trade basically anything which is a great way to dispose of items you no longer need.
We have been asked to write the process up and have a list of 1000 agents ready to be taught how to do it … real estate agents are hot to trot as they can see the real benefit of making lots of sales.
We are looking at putting courses on around Australia for agents and others to learn the proper process.
Right now we have a client who bought a 2 bedroom unit in Victoria and is looking at trading it for a jewelry business … there are needs and benefits on both sides of this for both parties … one owns a property they can't sell because of the down turn and the other has a business with a turn over and people have no cash to buy it … "trading" problem solved … it's actually not new trades have been done for years like property options and JV partnerships.
D
Hi BB,
Good post and nice video Michael … I think IMHO MY is a good bloke with great teaching skills.
The only problem with the spruker market and seminars at the moment is that property is not the flavor of the moment.
Go to a BBQ and bring up the subject of real estate and investing … LISTEN to what people are saying, people are off it and seminars, wedinars and any other ars are a hard sell.
Take the first homers out of the market and the property market will crash in Australia … be patient better pricing is on the way.
The best advise currently is to cut up credit cards, reduce debt and increase equity, small towns are suffering lower rents are more common and capitol growth is 5 years away.
D
Seddar …
Am I serious … or are you serious about making money??????? … it's your choice all you will get here are opinions it's your life good luck …
The difference between the rich and poor is knowledge.
D
Hi WJH,
A shareholder has very little say … 51% of shareholders have the majority of the say …
All that has to be passed is a motion that if in the following year the value of the shares is not kept up to their dividends that a % scale of monies must be paid back .,.. it's that simple.
It comes down to this … just because these CEOs are considered sophisticated don't let them intimidate you … they must be accountable.
The whole demise of the financial systems around the world is a result of greed from the top down … not to mention manipulation.
D
Please go and read these books 10 times …
The richest man in Babylon
Think and grow rich
Rich dad poor dad
The science of getting rich
201 strategies rich people use when buying real estate
You're 17 so read a book every 2 weeks and make notes of what you read …
D
YEP ! GMH can't agree with you more plus …
Ladies and gentleman what is our current credit card debt? is it over 50 billion dollars and still the highest per head of population debt in the world … and what does that mean? wait I have more …
Gerry Harvey and ALL those other self made multimillionaires who made their money from INTEREST FREE lending which is a derivative of the sub prime … 86% of ALL people can't pay these debts off at the end of the period and are charged over 27% interest … oh yes Gerry you are my hero you are responsible for a portion of this credit crisis, but hey he's a smart business man who got his bank manager to back him ! …
THE BANKS and all their CEOs who designed ways to make unsophisticated people borrow money then create incisive advertising to suck them in … what are they doing about creating programs to help these poor families …
Obhama has build an advisory board of past failures who have reputations of strke out and no home runs … if a company is insolvent let it go to the wall there are lots under them that are in better shape run by CEOs on less wages who are making profits … AIG let it go the pieces will be picked up down the line … take the billions of dollars back from the CEOs in early payouts …
The whole message is folks in my humble opinion is that for the last 25 years people have lost the art of SAVING … we are encouraged to BORROW banks are throwing credit cards at us daily … my advise to my clients is learn to live off one credit card and send the others back to the bank …We need to go back to primary school and educate the young people about DEBT and savings … Warren Buffet started investing at the age of 11 … go figure
Until we have politicians who encourage people to SAVE we will continue to be weak … MONEY and WEALTH is all about EQUITY it's not how many you own but how much cash you are worth …
The Henry Kaye scam was if you own a million dollar property and have a million dollar debt you are a millionaire … Hello !?%?
In this market I believe the best real estate to own is property with no debt …
Now just before you shoot me down I own multiple properties and have for over 20 years … the information we are getting from around the world today and on this web site has immense value to those who listen … imagine the people who don't have access to this information …
If we took the first home owners out of this market today the property market in Australia would crash … TAX payers are paying for this privilege … Now if the information is correct and property drops by 10/15% what position does that leave the first home owners in ???????
D
Hahaha GMH u r toooo modest it's because you are tall, suave and sophisticated not to mention good looking and funny …
I watched dateline last Sunday sorry I can't remember the name of the American fellow I think it was Roberts … anyway he said some very interesting things … one was he thought they should let GM go broke … two America is only doing short term fix … three America has lost it's position as a world leader … four, the people who sent America broke are now advisers for Obama … five invest in silver, gold, zinc and cotton …
I've just finished reading the latest Dent report which is another interesting read …
The only thing I have trouble fathoming is this … if property surges tomorrow who can afford it? I mean look at the times earning ratios we are now 10 time to income … are all of you saying prices will keep going up to and beyond 20 times income??
Something aint right in me thinking ?%#?
And finally bugger all you first home owners I saved hard for my first unit with no help from the government with no hand outs of 24k and free stamp duty … my kids have over $20,000.00 in savings already from a new concept we are teaching them called SAVING. Go buy the richest man in babylon and give it to your children to read 100 times.
Sorry i'm having a bad day … and finally GMH my favourite saying from an old pholosopher is "head the roar of the distant drums" translated in simple terms it basically means more s..t to come
D
James you sound like a smart and sophisticated person … there is an old and very famous saying …
If you think it will or your think it won't your are probably right …
I am a researcher and if you read and study the market globally nobody knows what is going on … I believe that companies like GM in America should be allowed to go broke … I believe that the CEOs of these companies should be thrown on the street for fleecing money from their books for years … I believe that people that run scams like storm financial services should have all their monies conferscated … look at all the failures that tax payers and unsophisticated investors are paying for today and our children will be paying this off for the rest of their lives …
If you believe that the market is going to fall by another 10% then don't buy … inner city is risky but inner fringe is strong but that also depends on what floor, how big, aspect, street, inclusions, builder like Meriton v's Mirvac, parking, body corp fees, etc … proper investing is a science and not all properties are equal …
Most important point is only invest in the top 5 best streets for valuation and resale value … whats the first question an agent asks you when you are selling … what street do u live in? …
And finally from me … whats the big deal if you get it wrong James and drop 5% don't get greedy trying to pick the bottom of the market after all its your PPOR
D … good luck to u and yr partner.
Hello all,
Well it's obvious that we are still not at the bottom … the only market moving at the moment is the first home owner market and the TAX payer is paying for that one or will in the future.
I am still reading all the gurus we are at the bottom and now is the time to buy …. blah
Several reliable sources indicate that we haven't felyt the worst until August … so what is your prediction of the bottom and why.
D
It would be very interesting to hear from anybody doing options at the moment how the vendor will be willing to accept an option in the future for his/her property at a lower price.
The other way is that the option contract can read that you are willing to pay 20% more for the property today and in the future if the value drops you will pay 20% above that value in the future date.
Question is this good conduct or manipulating the client.
D … maybe some of Marks students can answer that one, should get something out of a 5k course.
Hi happy jack great first post …
Joanne and here hubby are a little shy or you can contact her at ABC not to be confused with child care …
D
Here is a local Aussie site with a .com … http://www.secretvisionbooks.com
It attracts 20 new members daily on average or over 550 per month of new members …
If you have a site you can affiliate … 30% commission.
Very popular world topic …
D
Why don't you start a new thread inviting students of Marks and others to share their success stories with real life examples …
The current danger with property options is what is the true value today and if the recession hits hard how to determine the "true value option price"
An option strike price today at 2 million could drop in value by 100% negative or a 50% drop in real value … eg; the opposite of doubling your money.
D
Asset or Liability?
These numbers are great but are also high risk.
I hope these people who own these properties do well although I do not know any personally.
The question is what will happen when the parties over.
Secondly, I do not think that miners are that stupid to live in hell and pay all their hard earned dollars on rent.
Apparently Proserpine is booming ??? and Canonvale ??? however I see these ares as being like the Gold Coast "Boom and Bust"
What a lot of people don't know here is the number of bank forclosures on major players … this morning I have heard 4 big boys in QLD have had their loans called in and administrators appointed … over 4 billion dollars of real estate will be massively devalued in SEQ
D … interesting times and worse to come … work smart not hard.
Hello S … good luck for June I have 13 year old twin girls aahhhhhhhh
The courses will be run in Brisbane, Sydney and Melbourne … that's the plan.
Branding and imagery is under discussion now.
The teachings will be directed showing YOU the student how to do it and there will be LOTS of different ways for you to choose eg;
Options, JV partnerships, visiting your local LEP, bargains in yr own street or suburb or post code, how to get a RE sales certificate and what that means, how to run a successful RE business, the new 21st century agent is young and smart, RE agents of the future exposed, positive cash flow, DIY developer, simultaneous settlements, commercial, PIAs and how to read them, the difference between McGrath RE agency and all the others, negotiation technigues, setting goals and planning eBooks, wealth4women, wealth4teens, etcWill keep u posted LOL…
D
Thank you Playa …
Yes he is a friend of our solicitors and makes some sense.
If we collect information correctly we can prepare for the future armed better than unsophisticated people.
Quiet often many predictions don't come true but what if they do?
We need to remember that multimillionaires pay these people lots of money for information … don't be a tall poppy be constructive in evaluating important data.
D
Weekend FOX news …
Sorry for the delay Steve I was not aware ADMIN moved this post … an email would be appreciated,
I never come here as it seems to be an inactive area IMHO
Answer to your question is yes in all states on the eastern sea board …
As well as a new qualification IPA (investment property accredited)
Topics:
Real estate secrets A – Z
Running a home based business
Getting certified
How to build an investor data base in your own suburb
Property Options made easy … plus 10 option contracts
Simultaneous settlements
JV partnerships and legal documentations
Commercial investing
Adding value
Positive Cash Flow
Financing made easy
Your local council LEP and how to spot deals in your own street
Alliance partnership program for monthly cash flow
Full accreditation in real estate
How to make money selling leads to agents.D … hope that clears a few things up
Update …
I looked at their web site and found it to be very pretty …
Looks to me like they are pushing Central Coast Properties?
Over a 10 year period would a 400k H&L in Cessnock out perform a 400k one bedroom apartment in Crows Nest Sydney.
D … New laws for LREA is that they will need an IPA certificate to give advise on investment properties … Dept. Fair Trading
Love to help give me the names of the directors and I will have them checked out for licensing and proper advise holders from the department of fair trading …
What are the names of the people associated with the company and are they fully licinsed to give advise … any person acting for and on behalf or representing a company giving advise on property of finance MUST have a license of some sortt …
D
