Hi Lovin Life,

Welcome to the forum.

I’ll try to answer for Steve, ‘cos I’ve heard he’s very busy at the moment.

Steve would only buy a property if it leaves positve $$$ after all costs, ie.. mgmt fees, insurance, rates, etc…

IT IS still possible to buy properties that meet the 11 sec solution. It is much harder though. I have just settled…[Read more]

Hi freeby,

Yes, it’s a fair comment. Why pay any extra tax than you LEGALLY have to?

I would definately recommend that you buy Steve’s “Wealth Guardian”. It’s available from this website. Good value for money and it explains all the different structures available and it’s in layman’s language.

It is not usually a good idea to buy…[Read more]

You can bet it will turn into a dutch auction.

The ppty will sell for more than the asking price.

Make sure you have done your figures, and don’t get carried away.

Good luck all,
and may the best woman win !!![] ha..ha..

Del

Hi Leigh,

I think we’ve decided against it, considering the rental return.

Too many buyers, not enough properties. There will be no bargaining power.

What about you guys?

Del

Hi James,

I’d also start buying “Australian Property Investor” Magazine – it’s about $7.95.
It identifies hotspots etc.

Tassie is red hot, but from what I believe, unless you are there in person, the good properties are being sold by the end of the day. I spoke to an agent there recently, and he said that RE Agents have BIG lists of buyers, and…[Read more]

Hi rdayrday,

I’m from about 75 South East of Melbourne, it is zoned rural. We only have LPG. It’s much dearer.
All you city people don’t know how lucky you are.
But we have trees!

Del []

Hey, they finally used A.D’s sub-title:

“From Life Sentence to Lifestyle”.

Well done AD.

Del[]

Hi Mary B,

Welcome to the forum.
Steve’s last seminar was a 2 day event on 31st May / 1st June this year.

I don’t think he plans to do any more this year.

This website will definately let you know when and where the next one will be.

Don’t miss it. You will learn heaps.

Del []

Hi Leigh,

From one “oldie” to another “oldie” it’s great to see you on the forum again.

Yes, the forum is now a full time job!!

Enjoy Enjo,

Del [][]

Hi vik_fam,

Just because you buy for cashflow doesn’t mean that you don’t utilize the capital growth that is being handed to you on a plate! All they needed to do was to sell one or two properties that perhaps didn’t return as well as anticipated, and it wouldn’t be hard to do what they have done in the present market.

You wrote that…[Read more]

Hi Sach,

I wasn’t aware of that. Does that mean that we now own a “collectors item?”

Now, not only can we make money from the contents of the book, but we can make money by selling the book in a few years time!! he he.

Del []

Why wouldn’t they be?

That’s excellent Richmond!

Your shout at the pub next time !![][][]

Glenn Ridge and two guys, a cameraman and a sound guy were at our farm today doing some filming.

It was cold!! Not a very glamourous job at times. Our sticky black dirt kept sticking to Glenn’s clean boots!![]

William was driving a tractor for them.
It was fun and they were…[Read more]

I agree with QLD’s 007.

Our initial consultation recently with a wrap savvy solicitor cost us $220. That was just a very general introductory meeting, to ensure that we all knew what was expected of eachother etc.

If we went ahead with asking him to prepare the contract, then we are up for the REAL MONEY!!

If you want to do wraps, you would be…[Read more]

Hi Leeanne,

You are so lucky that you live in QLD.

+ve cashflow properties are in many large regional towns of QLD.

Have you searched http://www.realestate.com.au , and http://www.property.com.au ? They are a great starting point. Search by price, and include all areas. Do your due diligence on each property though. There are a lot of sharks out there,…[Read more]

Hi Brett,

Yes, I went to the February Reno QUEEN’s seminar in Brisbane.

It was great. I left the seminar and within 10 days we bought 2 properties, and did reno’s on them. Some of the tips from the seminar come in really handy. I feel that I did get my money’s worth.

I would only recommend it to anyone if they are going to do a renovation.…[Read more]

Hi Kiwi Gurus,

Does anyone know if KPI Magazine is available in Australia, without having to subscribe for 12 months?

Thanks guys,
Have a great week,

Del

Hi Glenn,

Good luck,

It’s freezing in Melbourne today – rain, icy winds!

Del

Hi Muppet,

Thanks for resurrecting this post from the archives!!

It is definately interesting reading.

Wonder who will still be around 12 months from now? Hopefully me![]

Regards,

Del []

Hi Beachboy,

Debt can be scarey if you haven’t taken proper precautions.

Perhaps you could take out or increase your life insurance policy to cover the amount of debt.

We did this, so that if one of us dies, we could pay out all loans easily (if necessary), without causing the other to sell, sell, sell at a time of crisis.

Perhaps have some…[Read more]