Peter Spann

Should already be there – “How You Could Build a $10 Million Property Portfolio in just 10 Years”

Just a quick question,

If I read the latest book, will I miss much from the first book ? i.e. are they a part 1 / part 2 kind of thing, or is the new book more of an update/expansion to Wealth Magic…

BTW – a small plug for another good book to read… Mike Litman – Conversations with Millionaires…… interesting discussions…..

CHeers

Scott

Hi Peter,

I hope I don’t get into strife for saying so, especially on someone else’s site, but although I have never read ANY “investment” book (and have no interest in doing so) yours sounds like a MUST read!!!

After reading some of your comments both in here, but mostly in Somersoft, I have found you to be “good value” and I can only assume, your books would reflect same.

Cheers,

Jo

Peter Spann,

My property investment portfolios that I have build in the last 4 years kick start on my way to work where I listened to 104.1 today FM radio and heard your advertising for 4 hours seminar ($48) back in May’00. I heard it a few time before I decided to write the number down and book for a ticket.

During those 4 hours I listened to those strategy that you expand in which I never heard of before. I then decided to purchased your home study program, listened to it and bought my first investment property (no money down) after 3 months.

Since then my property portfolios growing everyday not with just negative gearing, but also positive cash flow as well.

I would like to take this opportunity to thank you for kick start my wealth building strategy toward financial freedom.

In my mind you are alway my first mentor (indirectly) and Steve McKnight and Louise Bedford are my other mentor.

Thank you once again and I am looking forward to reading your second book when time available.

Take Care.

Kind regards

Jet Dollars
“Ask and you will receive. Seek and you will find; knock, and it will be opened to you.”

Who is brain? Who is brain??????? Sheesh, I don’t know why I bother sometimes! [angry2] LOL

I have selected Brain as my avatar (I presume more than one person can have the same one?) as I love his ironic sense of humour and laconic purpose.

It’s one of those jokes that gets funny only after it is repeated many times so only true fans of the cartoons will find it funny…

Pinky (SIS’s avatar) and Brain are two mice.

Brian, obviously, is incredibly intelligent and Pinky is dumb as (sorry SIS – I presume you knew).

Every episode opens with Pinky asking Brain the very same question, “What are we doing today Brain?”

To which Brain replies, “What we do every day Pinky, PLOT TO TAKE OVER THE WORLD!!!”

And he would too except he is always foiled by Pinky’s ineptitude!

Each episode then is yet another amazingly well thought out, highly complex and doomed to fail plot hatched by Brain’s incredibly huge, well, umm, brain.

VERY funny if you like such stuff. [biggrin]

Hey Peter – another cheque for JetDollars – hehehe – u can send me one too. Anything you send, I’ll accept willingly. If JetDollars signage is true

– then WOW Im asking for anything, a cheque, a book – hehehe.

Im on internet all day and hardly have the time to go to Dymocks – I’ll find an alternate way to get the book but knowing my procrastination, I’ll probably won’t end up reading it.

Kind Regards,
George.

I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how

<<I think sometimes we presume that poor yields, and NG’ing means that we will get growth>>

In my 23 years I have learnt to “presume” nothing; I have ALWAYS bought property with the “fundamentals” to which you refer Kay; being “Location and Quality” (although heavier on the former than the latter) for without them, regardless of whether the property is highly positive or negatively geared, you risk being stuck with a lemon!!!

One property I purchased many years back had a 2% yield, but it was in the beginning of my journey, and was all I could afford; I cringed with the thought of paying 175K but I knew the area (as you said) like the back of my hand; the location was second-to-none, and the quality was rock solid. Needless to say, I sold it 10 years later for a whopping 925K shocked2] Trust me….I had no expectations of such growth, certainly not of that size (not even in my wildest dreams)!!! Go figure….[whistle]

Jo

i went looking for the book in dymics here in canberra, cant find the bloody thing.
oh well i will keep looking! might have to buy it online, damn i will have to sort out my credit card first!
cheers
shaun

Lead, Follow or get out of the bloody way

Gurus and their imaginary friends… dear oh dear… I wish they’d just write “this book is a parable” instead of the ruse. Khouri didn’t get away with it- perhaps RE investors don’t care so much.

kay henry

Unusually sceptical from you Kay – oh well, to save you the effort of digging it out and reading it, here’s a direct quote from “Wealth Magic”, “My Wealthy Friend is not one person, but a series of people, mentors, characters, situations, books, seminars, learning’s, and self-reflection, all of which have helped me develop my technique of investing and living life”.

The Epilogue also goes on to explain that the story is based on my life but is not a auto-biography – that would be waaaaaaaaaaay too boring. [sleepyanim]

My question is, “why get caught up on such trivialities though?” The “Wealthy Friend” is an easy and simple editorial tool that implies wisdom and removes the ego of crediting myself with all the skills and knowledge that have been imparted to me over the years.

Anyway, don’t we all need an imaginary friend every now and again? [blush2]