Australian Property Investing Masters

Hi all,

I wanna thank Steve and the gang for an awesome weekend. The weekend was jam packed with valuable info that i am still getting my head around.

since the weekend i have been scanning the net for deals and ringing agents asking about properties and joined as a member with Guerrilla Realestate The seminar was probably the best kick in the butt i couldve had.

It was good to meet other like minded people and learn that for every problem that there is a solution.

Once again i offer my deepest thanks and cant wait till i purchase my first IP.

Regards

Alex B-P

Hello All,

I’m new to the forum, but now is my chance to say Thank You to Steve and everyone at APIM for a wonderful seminar. As a newbie in property investing, there’s a lot of info to digest. I have to say that the ‘case studies’ helped me to understand the numbers a bit as I’m not very good at number crunching. I also have to agree with Lizzie that the ‘game’ got me confused and frustrated. Nevertheles, the whole seminar made me realize that you just have to get out there and take action. I would also like to say ‘HELLO’ to Sooshie. I have been reading the forum in the past and I admire you for always being there for other people’s questions/problems. I really regret not having to say ‘HELLO’ in person during the seminar. Maybe next time.

Rouvelee.

Hi to you all

Wilinvest – you wanted to know how I went.
Firstly the Agent didn’t turn up at the property as arranged.[!] Rang him – agreed to met with him yesterday morning 9am. [] Extracted even more info. This deal is 3 D’s all in one. []The owner is deceased. The One of the 3 benficiaries is getting divorced and is desperate to sell. [] Plus is has already been to Auction and failed.[]

Luck or Fate. Sooshie, what do you think!!!!!

Now have both feet in the door with the Agent. He won’t sell to anyone else I have 2 days to check out some important info. Have had meeting after meeting yesterday with Agent, Local Council, Architect, Bank Manager (not for finance approval – just to tell him what I am doing – will worry about this when it is time to settle) & Solicitor. Have to collect some more info from Local Council today and then met with Architect. If all is okay the offer will go in tomorrow. Agent has assured me that it is mine for the taking. []

I’ll keep you posted.

Cheers
Nessie

Hi Sooshie,

I would like some feed back on your role you played in the game.

Thanks
Shane
PS Im the guy you were really tuff on in the game and you told me afterwards why.

Hi Jae

I too found the game a little disappointing, but I factored into the game that the people on my table do things differently to me, so no planning could be done, that I was trying to get the others on my table to do the work so as to avoid it my self because of fear.

Fear I might look stupid. But when I did get into it I really felt empowered. I thought that having 4 vendors might have improved the game so some deals could actually be done. But that is supply and demand I guess.

I didn’t actually get any deals done because I wasted my time instructing others what to do, that when I finally got a chance to negotiate with Dave I ran out of time, but those few minutes really have made a difference. I am still nervous but I have been on the phone to agents trying to conquer that fear.

Look at the game and think of the positives that came out of it like, did you successfully match any of the tenants with a strategy that suited their situation. EG Sooshi was a lease-option and Brendan was a renter etc. I know I felt like I got it, at least a little bit[].

Keep your chin up that way you can see where you are going[][][] … I just made that up and think it is really funny[].

Anyway Cheers
Leigh K[]

Read, learn, grow but most of all just do it.

Sounds as though a wonderful weekend was had by all – v. jealous as I went last year and really wanted to go again…hopefully Steve and Co will run one of these again soon! ;o)

Warmly,
Jason Seperic
Triumph Publishing
http://www.triumph-publishing.com

[][]I would like to say hello to everyone I met over the weekend. I had some great conversations and met some fantastic people. Thanks to Steve and the gang for a professional and organised seminar. I really appreciated this and also appreciated the friendly atmosphere. It has given me a new passion for investing in property and I have passed this on to my husband too. We are now looking for our next property.
Cheers

***************
Tracey Imbuldeniya – Finance Consultant
Ph: 0401 674464
Email:[email protected]

Soooo glad to hear that I was not the only lost soul during “the game”. I too have a suggestion like Jae. Perhaps a dialogue/role play between people who knew what they were doing, (ie Steve & Dave) could have been more beneficial.
I did manage to match the correct tenants to the right strategy but didn’t get much further than that.
Thanks,
Lizzie

hi y’all,
re:
“some tables who had given up in the first half an hour. “
REALLY!!! No way! i didn’t know that! (i probably was too busy playing!)

and also
re:

“the way you play experiential games is the way you behave in real life. So, if you sat back and watched, think about how you approach things in real life; if you went into fear around the chaos, how can you overcome this in real life; if you rushed into doing something for the sake of doing something without planning, how do you normally handle things in real life?
I kid you not guys – think long and hard about how you played the game, I bet that you will see parallels with how you play the game of life.”

I LOVE and adore this quote and yes, i totally agree.
If people are giving up after half an hour, thinking “too hard/too frustrating/too scared/poor me” etc etc and that was just while playing a *game* in a *seminar* (i.e. a safe learning environment) then imagine how much they’re going to be ###ing their pants when they play the game of monopoly/life with real money?

I used to think that Kiyosaki was a little overly American psychobabble when talking about how his ‘cashflow’ board game reflected how you were in real life – that was while the only investing I was doing was *playing* cashflow.

Now that I have started *investing* for real, I have realised that it is *totally* true – but you don’t realise it while you’re stuck – when you have excuses i.e. it’s everyone else’s fault/the environment/the market/your luck – but not your own!

I think that until you start taking action in real life it can be hard to see that the game is just a reflection of your reality!

That, finally, (if i sound excited, it’s because I am!)
was my AHA of the weekend – which extends to all parts of life, really – which is, that the game of investing/property is just a game, but using real money, and it’s as much fun as you make it, and what you get out of it is up to you and your actions and decisions, not the market!

The market in that room – in the game- was the same for everyone. How come some loved it and others felt frustrated?
How come I love and adore the industry I’m in and the players who shape it, but others are deeply disillusioned, burned, and feel it’s dog eat dog out there? How come I live in a wonderful world filled with amazing incredible people, lots of love, fun, and endless possibilities, surrounded by talent, but others feel stuck, ripped off, angry, and like they have no choices and even if they did there’s no point in anything anyway cause you just get sick and die from all the pollution/war/angst/blah blah hard luck stories?

How come two men look out the window, and one sees mud, and one sees stars?

This might be a bit deep for here and now, but to take it back to property investing, I truly believe that you need to believe the world is full of deals before you can go and find any. Cause if you don’t believe there are any deals, you won’t find any, right?

If you think that everyone else has already got all the good deals and there are none left for me, then that’s exactly what you’ll find.

Some other more practical/shallower things I learned from the game (which parallels what i am learning in real life) are

1. Experience is really valuable. having been to the seminar before, I knew there would be queues for buying houses (Tasmania, anybody?) and that not dilly-dallying around would be a good idea.

2. Delgation of your team is important re: leveraging time and skills for maximum achievement.

3. Keep up or be left behind!

4. Disorganisation can cost you time/ the game

5. Even if you think you are doing terribly you might be doing great!!
(we didn’t hand in our card, because we had only completed two deals and thought that we were hopeless. But our deals were possibly just as good !)

that’s all for now

Mini