I have found they definately do not!

You need to build a good relationship with a few RE Agents and keep contacting them every few days.

Good luck,

Del

Hi rangersixth,

That is the $10 question !!

For the last few months, everyone has been thinking that the market is at it’s highest point, and it will slow down or even reverse. We are all still waiting for that, as prices continue to rise, every week or so!

The bottom line is: what are your goals, what are you trying to achieve. Cashflow positive, capital gains etc. When you know exactly then ask the question. If a deal is REALLY cashflow +ve, it doesn’t really matter what the market is doing.

If in doubt, flip a coin! We are really all guessing what the market is going to do.

Good luck,[]

Del

aaron,

Steve is not offering a charity service!

The people he has selected have been chosen because Steve feels they have the committment, and mindset to achieve. He also wants to be proven correct, and show that the “average person” can go out and achieve what Dave and Steve have accomplished.

Steve’s book says whatever you do, don’t go out and quit your job. In their business, Dave kept the accounting practice going, while Steve found the deals. To be able to accomplish $1mil of property in 12 months, I would think that you would need to have a job in order to obtain the finance.

Steve is not a magician [:0)] (but close)!![]

Del

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 on one, $53,000 rented @ $115pw, in VG Cond. Don’t give up. Basically I think you need to decide on an area, and constantly contact the RE Agents every few days. They all seem to have big lists of potential buyers. Nothing much good is appearing on realestate.com anymore.

You do have to look further afield. My purchase was in a Victorian town of about 7500 people, but with good industry and employment.

Good luck,

Del

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 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 not much is being advertised. Perhaps make contact with one or two good agents there, and KEEP IN CONTACT with them every few days.

Good luck,

Del

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

“From Life Sentence to Lifestyle”.

Well done AD.

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 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 []

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 nice. (His 15 sec’s of fame).

Well done,

Del & Will