Steve Navra

Hi Oscar,
I have attended Navra’s course over the weekend. I think his strategy for serviceability is creative. It’s a safe and legal (and which banks will accept) of income stream.
Having said that, I am new at this game myself. At the moment, I am in the process of finding which strategy will work well for me (i.e. positive cashflow properties or Navra’s whole structure of shares then capital growth properties). What are your thoughts?
Alexa

Terryw,

What is Steve Navra’s problem with wraps?

Ethics or financials?

Regards

Jay Cee

I also attended Steve’s Melbourne seminar and thought it was very creative and educational.

Steve is an absolute genius and gives very good advice. The weekend seminar costs $286 and really just covers the venue and the buffet lunch that is included – excellent value.

If anyone is serious about investing, i highly recommend this seminar above all others.

As Terry says, Steve advocates investing in high growth suburbs for capital gains and not cashflow as this is the true way to become wealthy.
He also has an interesting formula for valueing property called rental reality, details of which can be found at:
http://www.somersoft.com/forums/

Do a search for “Steve Navra” or “cashbond”.

Cashbonds are also a useful tool for those who have hit the DSR wall and are asset rich but have problems servicing debt – ideal for those who are “asset rich, cash poor” like retirees.

If you use Steve’s structure for investing, it’s possible to double your wealth every 5 years assuming you invest in growth properties that grow at 5% per year. This can be easily achieved if you buy well located property as the average for capital cities has been 7.9% over the past 20 years.

The best thing about his strategy is that it is very low risk and also about diversification. The only reason he personally invests in property is to offset his huge gains from shares through negative gearing.

Steve does not advertise at all – all his business is word of mouth and through recommendation as he’s made many, many people financially independent on passive incomes of over $100k p.a. I would highly recommend anyone who wants to retire wealthy to use his strategies and become a client of his soon. He says that he may soon stop new clients coming on board and concentrate on his existing clients.

He has also launched a share fund that looks like a winner. NO fees are charged unless he out performs the All Ords and there are no exit fees either! It is an income fund and will return at least 10% per year. At the moment it’s on track to return over 100% this year!

He has turned the fund management industry on it’s head and will give the industry a huge shakeup with his new fund. Look out for Steve Navra on BRW’s Rich 200 in the coming years as he’s surely Australia’s own Warren Buffet and will also create millionaires of many of his clients.

As far as I know his Brisbane course still has places – and yes they do fill fast. I have already booked.

http://www.navra.com.au/courses.html

Jason

Im on the course at the moment. Day one completed today and back tomorrow. Im enjoying it, and I like what he has to say. I will be interested to see what comes out of the free consultation, but it wont be conducted by him, but through his financial advisers. I will be visiting both the Melbourne office and his Sydney office soon enough, and will post results of this.
Jars

Alison,
I would like to attend Steve Nevra’s seminar…how do I go about it..??
Cheers,