Forum Replies Created
O.K SIS how many trades a day are you doing?
Phil
97% of people will fail to reach a stable and happy life of financial freedom because of one thing, FEAR ! however you call it.
eg; prices too high, interest rates, wars, no guts, poor little me syndrome, too hard, shares are better, youre lucky i’m not, chicken little … FEAR … FEAR … FEAR
Hi Jonny you will notice that you are one of the few people who have actually put an amount down, well done!
The interesting thing I found was that when you are building up personal wealth one struggles to reach a cryitical mass which then becomes perpectually increasing.
Simply people with money accumulate money faster than people without or who are building up, this is why starting is so frustrating. Thats why its easier for Steve and Dave to buy one property every 11 days and others struggle to get started.
The more money you accumulate the greater returns you can command, last week I invested $150,000.00 cash for a 30% return for two months (15th december) or anualised 120% return. I get these deals all the time, and whats better i will only pay 10% CGT on the 50.
Hi Techa you make some good points especially (only 3% of people who trade are successful).
Isnt that the same as 97% of Australians retire broke or worse off than when they were working.
How many people who scan this site daily can truley claim that they will be in the 3% league, Robert Kiyosaki talks about the 95/5 principle in his books.
Techa, in regard to SIS and his comments – as i have met him at a preview i did in Parramatta i believe that he is the type of person who not only is focused and goal driven but will achieve his TARGET.
Phil
Wayne that one is a gem, thanks
It is still amazing to me though that nobody has answered the question ie;
Target $1,500.000.00 net
Passive income $2,500.00 per week
Free hold home on the water front etc etc
97% of people FAIL because they have no CLEARLY defined targets (stanford university)
How much is 20 houses, how much does it take to get started, where do you start, when do you dive in and take the plunge.
How rich do you want to BECOME if you write clearly your dream magic happens..
Dear WF,
What a great storey and welcome to Australia, land of dsbt.
Can i share this with you, Wallace de Wattles says that the worse thing you can do to poverty is give poverty money because it keeps poverty in poverty.
The best thing you can do to poverty is to “teach” someone in poverty how to get out of poverty and that will encourage other people in poverty that it is possible to change.
Thats why so many people are attracted to people like Steve and Dave, Peter Span etc because they have proven it can be done. 15 years ago i was an electrician today i run my own successful business as well as being a property developer.
You can do it !!
I think you girls should design a high heel thong you would make a forture.
When’s the right time;
If you think it is or
you think it isn’t
you’re probably rightDear Wallflower,
I wonder why people like you are on these sites with comments like that, you are no doubt trying to build wealth other wise you would not be here.
Read wallace de wattles book on poverty …
Rich is what ever meaning YOU give it … i think Mother Terresa was rich.
There is more poverty with out money than with it so why don’t you make some and go and educate the boy digging in the bin so he can go and teach others – thats rich in itself.
Hi Helen
Cairns is hot property at the moment if you know any locals get their advise.
Townsville has come of age and the demand on quality property is reflecting on the prices they are asking.
Airlie beach is full of back packers and lacks class i hope Evana Trump is good at tossing thongs.
Laguna has only gone down once after the 1990 reccession i sold the land to Aqua Del Ray in 1988. It is being planned to become a total community 5 times larger than sanctoury Cove. Marriner is also developing the international airport next door, already airlie beach is feeling the pressure of reduced sales.
I predict that Midge Point will become the focal point of the area and the preferred destination which will surpass Airlie beach. lets see !!??
I have just returned from 4 days at Laguna Quays Resort in the Whitsundays – thanks for the feed back to my post.
Having a clearly defined goal (target) will get you to where you want to be faster, let me share with you an interesting fact of info.
3% of people are considered wealthy – that means 97% of people are not considered wealthy, or 3 out of 100 Australians can afford to stop working, what ever that means for you.
A study done by the university of Stanford concluded that individuals who write clearly defined goals and targets created and attracted wealth faster than those who had no clearly defined targets.
(expert) A drip under pressure, sorry, an expert is a person who WORKS for some one and has no money thats why they have so many opinions, most of them are doom and gloom merchants.
Phil
From me i hope that my comments re Laguna are not conscrewed as advetring my properties there because i am not selling them, however as i have been involved over the last 16 years with developments on that part of the coast i hope my guidence will be of help.
You must proceed with extreem caution and stick to major towns for maxium results like, Darwin, Cairns, Townsville, Airlie and so on, good luck i hope everybody on this site makes a bucket load of money and changes their and their families financial destiny.
Phil
http://www.lagunawhitsundays.info
when Greg Norman gets involved people follow, let me know if you need guidence we were the origional land developers controlling over 7000 acres of waterfront land
great analogy Terry, most important is asset protection from litigation, also your beneficiaries (children) can take lonns from dispersments to purchese a home in the future then pay it back to the Trust bla bla bla.
If you listen to the experts, they say there is good bargins from Jan – July 2005 because the off the plan settlements are due and many speculators got it wrong, lets see.
For me the city/eastern surburbs will bounce back because we are a city in demand and Sydney is the most beautiful city in the world.
Put me on the list, i hate being left out, good luck
[email protected] [suave]
I will share with you a little secret and don’t tell any body,
No.1 destination Resort in Australia
5 times bigger than Sancoury Cove,
2km to NEW International airport,
marina expansion 1200 boats
THREE (3) Australian Golf Legends golf courses
David Graham – Kerry Webb – Greg Norman
Rated No.1 Aus resort course now.
Mainland location
Get in before the boom
Forget about mission beach tooooo hard to get toDO U WANT TO BUY SOME HOT PROPERTY???
[email protected] [cap][biggrin]
Hi Jo, I must agree with KH most of my best deals and results are flukes, well sort of, what I do see is too many people getting over technical and suffering from analysis/ paralysis.
Any market can change over night without warning, in 1998 we sold our land (now Laguna Quays) next thing Chris Schase , the Golf War, recession (paul keeting), 19% interest rates and a crap period till 1995, my mother said it was character building but i told mum i didn’t need my character built like that.
I have three books sooooon to be released via http://www.assetcorp.com.au will send you a free copy … cheers
KH ditto,
lets write the book, my experience with commersial is to pick KEY hot spots in the CBD (hunter street, martin place, etc) and value add, Norwest Business center is also a key area. I have spots in Bris CBD and South Port on the Gold Coast which are noted as high growth areas.
Successful bussiness’s go for (address) location and prestige and will pay a premium – I also include an option to purchase (lease/purchase) I offer short term lease with no penalities on vacating – why – because nobody else is doing it.
I build the reception area (branding) to help them with their immage, etc etc
I can only say it works don’t tell anybody!!
regards [email protected]
Thanks Acey… 12% is consertative, if I told you many of my commersial deals are achieving over 18% you probably wouldn’t believe me so I won’t.
I do not bet on capitol gains as so many people do on this site, I believe CG is luck in timing the market hence so much panic lately because the market has changed. Over time since the war CG moves in cycles of 8-10 years, flat for 4-5 years then moves sharply for about 3 just as we have experienced.
I love residential in CBD locations as a personal preference to buying in remote areas, this is just from my observations over 16 years of investing. In 1989 I sold 4500 acres of waterfront land with a DA for resort facalities today that land is known as Laguna Quays Resort. http://www.lagunawhitsundays.info if you are interested.
I’ve read all the books done all the courses as well as my own and believe that all theory and opinions will be recorded in history. Who is right and who is wrong doesnt matter its the results that prove if the opinions are correct.
I believe that the right type of commersial will give fantastic CG but you can also do your dollars if you don’t know what you are doing – same as residential. Any body can make money in a rising market but how many do it in a falling market. The questions people ask on this site give me indication to what people are thinking and I commend Steve And David for it.
I aim my net yields to be 2-3% above the interest rate its worked for me.
If you think it will or your think it wont you are probably right, cheers.
Sorry Mono Ryde Parramatta Golf Club [happy3]
