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Thanks a lot for the info guys. I will chase it up with the business owner to find out what was sold as part of the business. I’ll probably also give DEPPRO a call and see what they say.
Cheers
I just attended the Daniel Mcewan seminar (free) which others have also discussed in this thread:
https://www.propertyinvesting.com/forum/topic/4496.html?SearchTerms=Daniel,Mcewan
He now charges $1,000 to join the Investors Forum club.
IMHO, it sounds like he’s doing something similar to the Investors Club and sourcing property from developers and onselling them.
He was also very optimistic about future capital growth. It sounds almost like a syndicate or even mezzanine finance in some cases.
Forget about the “11 second solution” – it’s simply a 10.4% gross yield.
Capital growth is what increases your wealth.
Yes, Steve did jump to conclusions and i hope he doesn’t delete this thread.
But i’m sure it’s ok to lend a book or CD to a friend. That’s why it’s also possible for someone to resell their wrap pack, although copying it before selling would be an infringement.
It’s a well known established law that says if you buy something of intellectual property, you have the right to resell it.
This is why it’s possible to buy 2nd hand books and CD’s.
I’m with you krazystyler. How much is enough for these guys? How many suits can they wear? How many boats can they ski behind? After making their millions and buying a home in a leafy eastern suburb, I reckon these guys should be giving something back… this is what the Lord preaches.
