Hi Casey,

That looks great. Thanks for the pic’s.

We did a couple of reno’s last year, and your photos brought back old memories!!

Congratulations on a job well done.

Del [^]

Hi Xenia,

Also, there are a few smaller towns in NZ that the banks will require 30% deposit.

Apart from that, it’s very easy.

Good luck,

Del

Hi SIS,

I saw most of the segment this morning on the Today Show.

I definately agree that for many lower income earners, and lower educated people in the community, that it is EXTREMELY difficult now. The FHOG doesn’t help them nearly as much as it should, yet it’s still there to help the wealthy, as long as they have not owned a home before!…[Read more]

Hi NM,

I went to a seminar of theirs last year and got a lot out of it.

I would definately recommend you going if you intend to do renovations.

If the word “RENO” makes you vomit [xx(] by just reading it, then save your dough! Instead I’d put the money to going to Steve McKnight’s seminar in March if you haven’t been to one. I’d do that…[Read more]

Hi Dougall,

I don’t buy for Capital Gain, but even if I did, I would not be investing in a place like Werribee now because of the last 2 interest rate rises, and probably at least one more on it’s way…[8]

There may be NO CAPITAL GROWTH for a few years..WHO KNOWS?? and you are just working harder yourself to keep it going. MONEY PIT!

No…[Read more]

Hi Bear,

There’s no way I’d be paying out 10% to some country hick RE Agent, to do something that I could do.

Ring the RE Institute in Tas, or use a solicitor. I know you are in SA, but it’s amazing what you can do by using faxes, email etc..

Just don’t accept that 2nd rate treatment from the RE Agent. He does not deserve it!

Don’t find…[Read more]

Koo-Wee-Rup, not far from Nar-Nar-Goon!!

About 75kms SE from Melbourne.

Home of the big Asparagus Spear! [^]

Del

Hi Purplekiss,

We have one number 13, and one number 31.

We have had a few rough times with number 13 lately with a tenant in arrears, but it all worked out in the end! It’s amazing what the threat of being kicked out does..[}]

Bye,

Del

Hi BJ,

$990 is an absolute bargain if it stops you from making a huge mistake.

Pay the money, learn from Steve’s mistakes – the cheap way!!

I’ll bet that if his seminar was around in Steve’s early days, he would have gladly paid the money, rather than having to learn as he went along.

A lot of people become Seminar Junkies.[:o)]
They go to…[Read more]

Jacktar,

Did you work out your repayments in advance or in arrears?

I havent got my financial calculator handy, but I reckon that is where the difference lies….

Cairns Beach Resort is a tricky case study, but the sums are not so important if they add up 100% (which I’m sure they do), it is the message behind it..

Good luck,

Del

Hi Centralian,

Interesting question…..

1. Definately not controlling $1mil of property..

2. Equity of $1mil – probably

3. Earning $1mil pa, definately

Del

Hi Rodneybrian,

Yes you are right… I’m not saying that +ve cashflow properties are not around anymore, but they are few and far between – that is an understatement!!!

If you are just starting out, my advice to you would be to hold off perhaps until mid winter. I am betting that with any other interest rate rises coming our way, that a lot of…[Read more]

NO

I hope – couldn’t help myself![:o)]

Del

Bec, Redwing & Richmond,

Thanks so much guys for your words of support. It means a lot to us.[]

Bec, you have stunned me, and especially get a big thank-you! You have just shown that you are fair and willing to accept responsibility for your comments.

Richmond, because we sold our PPOR which we loved, we were more determined than ever to…[Read more]

Thanks Leigh,

Sounds like you guys are headed for HUGE things also!!

Best wishes with your big deal you are working on & the big move…

Don’t forget your mates! [:o)]

Elves,

You are right about family. We will never lose sight of our priorities. No wealth, or success means anything if you sacrifice your loved ones…

Del []

Hi everyone,

Sorry to take so long to reply to this post, but I have only noticed it now! I don’t get as much time to make posts as I used to, but this one definately requires a reply from me.[:o)]

We are the ones that have just reached our $1.000.000++ in positive cashflow property since starting with the MAP program. They are ALL positive…[Read more]

When they were on last time, they commented that they had only been investing for 9 months !![:0]

I think that I might try this too. Good money spinner.

Regards,

Del

Hi Bill,

I am interested to know what made you changed your mind, and come back to the forum.

The forum has changed a lot now what do you think??

Regards,

Del

Thanks Kay,

It certainly makes life interesting!!

You are never too old to have fun!! [^] I hope!!

Del

Hi Kay,

NO WAY !!![]

We had finally found our dream horse property on 20 acres. It had great fencing, stables etc.. The house was just right, with great entertaining area. We had only lived there 11 months.

We have gone to no dishwasher (after having one for at least the last 5 yrs), no ensuite – (dito) 30sq home to approx 13 sq home. We…[Read more]