What a fantastic post.
I was at Steve’s Brisbane Masterclass and felt that the psychology of anything we do is greater than the detail itself.
I am a motivated individual and that is why I put my hand up to organise a group happening in Brisbane on a monthly basis.
There always is success in numbers.
The date I have planned is Monday, 6 June,…[Read more]
Firstly I must praise you on your accomplishments so far. What a whiz you are in your grades – as well as contributing and educating yourself with the research you are doing in regard to actually being logged on to an investors site.
I have 2 boys you I constantly learn things from. Each and everyone can learn from others. Maybe your parents…[Read more]
It is looking good for SE Queensland. Ipswich is the talk of the town, I’m not sure whether the good areas are on the south of Brisbane.
Are you an investor or a speculator – the numbers will give you the answer.
Land banking is not a bad idea – but you don’t get cashflow from it.
Why are you in the market – is it cashflow or capital growth.…[Read more]
I would suggest that you ask the council what there guidelines are for development. e.g. zoning, block sizes, setbacks, etc.
One of the most important things to do is ask yourself – what do you want to do. Don’t answer the question of what everyone else is doing.
Maybe selling your place to a developer could be another possibility – if they…[Read more]
Have you done your due diligence. Are the numbers working out right.
It really is sweet when everything is in alignment.
You seen to be putting too much emotion into the decision.
Put your business hat on and you will took at the options through different eyes.
Woops – I only posted twice yesterday – Steve will you forgive me. I am making up for it today. I took a lot of time reading and seeing where I could post and as time had got on I thought I had done 3.
I have made up for it today.
It really is motivational to sit down and read through – I am finding out new stuff all of the time.
Do the numbers. Don’t have emotion in the transaction. Research and research more to find the result that would give you income.
Do some research into council planning guidelines for future development.
Go back and do your research and crunch the numbers again.
It is very sweet when everything comes together as it should to give you a…[Read more]
It was fantastic. I got a lot out of it. The calculations and the numbers determine what is a worthwhile deal. This is something I will have to work on to completely get my head around.
I am the organiser of the Brisbane Masterclass Meetings. I believe that if we can all stay in touch we won’t go back to old habits and we will be…[Read more]
Hi, I am the organiser of the Masterclass Group Meeting.
My idea was to organise a venue and met with the group in a months’s time so we can discuss what each of the participants would like out of a group.
30 days time (to check on everyone’s homework) would make it Monday, 6 June. I will look around for a central location which would be an…[Read more]
It has been suggested to me that you put one of the students in charge of the house and therefore they pay less rent. The idea is good, although I have never rented out per room. If the system is in place to do it, it could work a treat. Possibly double the rent that the house would normally receive. This would surely allow the property to…[Read more]
Last November I left my full time position (which was not rewarding) and took the plunge. Time is something we cannot have again. We can make more money, but we cannot make more time. You would be no further behind if you set a goal for yourself and set about a plan of what you need to achieve. Take a look after 3, 6 or 9 months and see how…[Read more]
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