Forum Replies Created
Hi Dr x and thank you for your reply. IMHO i really don’t think that this is or can be described as descrimination, although you my feel that so be it.
Having regard to nationalaties and races did not enter into my post and never will as all r equal to me, i’m sure u feel the same.
Two of the ladies in the group are have been conductiog studies in Australia/USA/UK on this topic and both have doctoricts in phsyology.
Wildlywealthywomen has proven to be a great success already in Australia however as Josie and Suzie explained to me so many people self sobatage themselves in building wealth because they fail to change their fundermental root system.
Wealth – self esteem – happieness – confidence – negotiation – trust – understanding – confidence are all required to sustain and hold wealth and happieness.
95% of people fail at age 65 to acquire wealth and a dignified life style and even fewer fail to attain true happieness, go interview some residents at a retirement village or interview some retirees – these people have and the global stastics are very alarming.
By the year 2020 mental health will be one of our hightest costs areas in society.
So wealth4women is designed to provide a venue for women who trust women of influence race/colour/age etc. Over the last several years all/majority of the gurus have been men and many have left a bad trail, hence the mistrust?resiwealth
I bought a development site 1300m/2 in Gladesville in 1998 while i was on holiday in NZ with my kids.
I gave one of my solicators (god father to 2nd daughter) a power of atorney and set the price range.
We bought the property then had a huge 2 year challege with the Hunters Hill council to get it rezoned, isn’t developing wonderful – not always.
resiwealth
GR … Resiwealth Pty Ltd and .com will never be involved with u or one of your projects if in fact you have any.
The strategy of the group and its members is embarking on a new path within the realestate and development industry, that is more laterial than main stream projects.
The returns on developers projects today and 4 the next few years will be very challenging to give returns back to their investors. We need to b smarter now if we want to make money in this area. The henry kaye days are gone and the EXPERIENCED developers who have gone through the last 15 years will IMHO will survive to a greater degree.
There is today too much knowledge down loaded from web sites with little hands-on experience. Before i invest money in a project i ask for;
directors guarantees
1st mortgage security/not second
bank guarantees
caveats over the directors PPOR
list of past projects
independant solicators guarantee
KPMG report and analaysisAnd much more … resiwealth
Hi i think this is a double post or is asked in another area.
resi
So shwing (ha ha ha ha)[blink]how much money will u invest in his projects as a business partner, like nothing!!??
resi
the investors mustb total under 20
Each invester must be personally known by the person raising the money
You are not allowed to advertise to the open market with out a dealers licience
You are not allowed to solicate unsophiscated investors
etc etc resiwealth – knowledge + action = results
Knowledge with out action is like a ship with out a caption, going nowhere.
The best way to help people is to determine each persons target or what they want. Wether you are r starting out purchasing you first 1 bed investment unit for a cosmetic reno or entering into a major development project.
Turning up to meetings not knowing what is going on is very time wasting to me, and believe me i love to help where i can. But as a developer and project marketer who attends many/many weekly meetings i like to know what the agenda is.
I also respect that people are looking for knowledge and freebees BUT what is the sence in discussing about TRUSTS to an 18 year old with no money – go buy a book or stay on this forum.
Please don’t think that i am being rude, as anybody who does know me i hope will tell you i am not. Clarity leads to the truth, and if you truley want help and to become successful then my advise is to get clear of what you want.
So i suggest that each member write out what they want to be discussed so that the professionals attending can do their job.
Resiwealth – here to help
Dal, u can make the contract as air tight as you like depending on how it has been REPRESENTED to you, ie; excellent investment/possible development site.
Once a person/agent makes those promises you have a right to add clauses in to protect your interest.
If on the other hand it is a steal and you smell big bucks then you can take a punt but I would advise u spend some good dollars and seek a certifier to go to council for you and suss it out.
I am working on a deal (land – waterfront) using a similtaneous settlement clause with a 4mill profit and will know where i am going in the next 14 days.
Some times there is more money in onselling and cashing up rather that waiting 3 years going through the development cycle and praying the market will be kind in the future to make proffits, only god knows.
Resi
KP i read your post again and it appears that there are 3 parts to this strategy.
1. Settlement of land before construction.
2. An option to purchase with a time frame and sunset clause.
3. Liabality of purchaser.
Have you had legal advise or can u give me some more clarity to this please.
Resiwealth – profits r better than wages
Hi Suzieq – to clearify my previous post – i would be very weary of signing on anothers behalf from a possible litigation point of view.
This is not black and white so my suggestion is to seek quality legal advise. I have solicators in all states of Australia with a range of talents, if u need my help let me know.
Resiwealth – knowledge is the key to success
With out being rude to you GR …
Edited ***it was rude***
Resi
What has happened to GR … r u there lawerance or do I have to wait to see u Saturday night.
U still havn’t answered my questions to how u r raising money for the Liverpool, but i have a VG friend at the ASIC Martin Place 18th floor so i will check the details 4 u.
resi … Oh by the way i am signing off now to go and have a few scotches with some mates, so i AM NOT running away from this one GR (lawerance)
So GR you r backing down, I will put my QC up on this forum with a wager because you are a successful developer and a lazy $100k is the worth the tax deduction + GST of course.
So GR u started this what is your real project with out your computer programs.
Nett
%
ROIyou choose, cause i have a doozy to present to you.
resi[cigar]
GR reading your posts is like a seesaw ride, half of you is up and the other down. One minute u r for some thing next you don’t know.
So may i ask a question of the other group attendees,
What would you like to achieve as a result of attending a discussion encounter and what would u like to take away with you after the meeting.
I have several legal formats on disc that i have spent with my solicators over the last 6 months totalling $25,000.00 and am happy to give a copy as my sign of sincerity to help.
resiwealth
So GR are u the guy that is trying to raise #370,000.00 with a 15% return on the liverpool project.
Do you have a dealers licience
Is it against 1st or 2nd mortgage
Have u prepared a prospectus
What is the address so i can access it
Who is your solicator
What is the settlement date
Do you have an IM
R u aware of the new ASIC laws with the 12/20
Lets talk real deals and not hypertheticals GR, waiting for your project mate
resiwealth
Votes for the chairperson are
Toni 1
Milaka 1
Roy 3resiwealth
If there was a list u would be on the bottom GR … u r the most uninspiring and confusing poster i have read … but hey in your mind things must be wonderful [upsidedown]
OK GrossR i’m in for the challenge with you personally just to see how good u r.
I’m working on a deal in the Whitsundays and will shorten the challenge to 35 days against yours. I am also willing to put a wager on it under written by my barrister to match you dollar for dollar on this forum, if u lose u pay up,and vise versa, real money.
Secondly if you don’t want to pay for the mentoring program that Steve and others have running then don’t insult the group by silly challenges, leave them alone as they have made a decission to go in a direction which is no business of yours. Your challenges to his program are in my view against the ethics of his program.
I would like to point out that i have not or am not in the program which is my decission because i am on a path to a destination that i have mapped out with a mastermind group i put together and is ahead of expectations.
so Gross lets go, what is your deal?
resiwealth … Philip
I havn’t got it either but have just emailed gross, i can’t wait for the reply to see how good he is !!
resi
R u kidding or what – what is stopping them buying it, fear, money, ?????
What about stamp duty
If they change their mind then what
What if the market changes
If it’s so good why not do it yourselfresi
