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September 28, 2003 - 11:11 pm

Apart from reading the notes Stu has written in reply to peoples dilemmas. Apart from going to the odd meeting every now and then. Apart from the membership that entitles you to great discounts on services and products. Apart from having access to someone who is spoken of very highly and truly is ultra-creative…..Well apart from that there really isn’t much in it after all it is a whole $89………[]

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(Andrew)

It is good to have an end to journey toward, but it is the journey that matters in the end.

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September 28, 2003 - 6:19 am

which part of the world are you situated Bear and what do you expect of a mentor ?

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(Andrew)

It is good to have an end to journey toward, but it is the journey that matters in the end.

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September 27, 2003 - 11:43 am

Hate to disappoint Ernest but I don’t think Tas lives in Tas……….[^]

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(Andrew)

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September 24, 2003 - 9:32 pm

Tony I think the rules are fairly clear about this type of advertising when you signed on. If you are confused contact the propertyinvesting team and read the rules again . https://www.propertyinvesting.com/forums/forumrules

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(Andrew)

It is good to have an end to journey toward, but it is the journey that matters in the end.

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September 24, 2003 - 9:27 pm

One of the problems with such an idea is that this site is about sharing ideas and approaches it is not a real estate sales point. There is a certain amount of responsibility with allowing people to advertise, etc. as the sharks do come out to swim and many are unwary. As to Caveat Emptor (Buyer Beware) I know Steve/Dave are not happy to see anyone being mislead especially through this site.

You would be surprised how many posts get removed because of overt advertising on this site. Often what amazes me is by the time they are removed people have already replied asking for more info. I guess everyone wants it on a platter rather than going out in the field and digging it up themselves.

I still firmly believe that the best deals are the ones sourced by you. The major part of the learning is the journey not the end. If time is a problem not being able to get out and find the deals….what are you willing to sacrifice to this end? How important is success to you? We all have problems but how do we solve them. As I heard on the radio today.
“We are all faced with great opportunities wrapped in the packaging of huge problems.” Are you willing to be an unwrapper or would you rather leave it under the tree.

Just my thoughts.

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(Andrew)

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September 24, 2003 - 5:14 am

quote:

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The suburbs in Logan Shire near the railway (eg. Woodridge, Kingston, etc) are considered to be undervalued.

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Baysider who considers them to be undervalued ?? I would say many people believe them to be getting overvalued. What is your reference ?

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(Andrew)

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September 17, 2003 - 11:05 pm

Callum,

Here is the book.

Title: Money Secrets Of The Rich
Author: John R Burley
ISBN: 1929238002

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(Andrew)

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September 16, 2003 - 1:40 pm

Hey Arty,
I’m with M here. Don’t waste your time. Use your time to find the next deal where you can make another $25K and also learn skills in the process. Don’t waste your time and energy on a situation which will not really get better or gain you any skills or knowledge.

“It is said an eastern monarch once charged his wise men to invent a sentence, to be ever in view, and which should be true and appropriate in all times and situations. They presented him with the words, ‘And this, too, shall pass away.’ How much it expresses! How chastening in the hour of pride! How consoling in the depths of affliction!
-Abraham Lincoln

Go out there and do some good Arty. You’re better than them.

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September 16, 2003 - 1:23 pm

Mick,
I believe Stu’s site is great value. He is a clever guy who knows how to turn opportunities into great opportunities. A day with him is very worthwhile.

As to his claim….. I know Stu and I know he could do it…..easy.

I also know I can do it too (but not as well as Stu……)

In conclusion go and join, you’ll benefit from it.

Hope this helps.

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September 15, 2003 - 6:26 am

Hey Arty,
Question for you. What did you lose by the RE not banking the cheque ? Did you still sell the house for the price you wanted ? I cannot imagine how frustrating it must be to be in this situation but I am worried that you are spending a lot of energy on negative processes rather than positive ones. I don’t mean to offend but it was just my observation.
I know I have been wronged before but I believe that every dog has it’s day. Look forward to hearing more of the situation.[]

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September 11, 2003 - 12:32 pm

Hey hippychick. Good to see you out here. I always feel it is wise to make the most of your assets and abilities so as to enrich others along the way.

As to the plan. Try John Burley’s book. Also Richest man in Babylon.Think and grow rich… I really think that you are your best financial advisor. I gave up on them years ago when I realised that most of them don’t even actively invest themselves and that tehy are just used car salesman.

Write down what is important to you….what you want to achieve and by when you want to achieve it. From there the path begins…..

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(Andrew)

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September 11, 2003 - 12:22 pm

Wouldn’t that take the fun out of it Jerry ??

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September 11, 2003 - 12:14 pm

If it weren’t for my wifes nesting thing…….I have always been an advocate of rent and invest. Did the numbers a long time ago but lifestyle and peace at home is paramount.

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(Andrew)

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September 11, 2003 - 12:08 pm

Hey del…….you guys are starting a revolution. Congrats on the step though it shows 110% to the goal and I know you will get there.[8D]

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September 11, 2003 - 12:08 pm

Hey del…….you guys are starting a revolution. Congrats on the step though it shows 110% to the goal and I know you will get there.

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September 11, 2003 - 12:06 pm

Hey there Mel. Welcome to the gang. Hope you have many fruitful years here.

Cash on Cash……Whatever money Steve has in the deal vs How much he makes after costs.
eg. Deposit of $10k with after costs return of $1500/year is a 15% cash on cash return. Remember in many cases Steve is wrapping so his deposit is largely refunded by the wrappee when they pay their deposit to Steve to buy the house.

Deposit bonds are something I have never used. I prefer to only spend what i have and the most i have ever put down on deposit is $5K and most of my deposits are closer to $250.

I have had 10% down loans and evem including the LMI it has made money. I now prefer to only put down 20% as it makes it easier to keep on getting loans.

Hope this answers you quetions…..any others or need clarification ……fire away……..

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September 11, 2003 - 1:43 am

To put a different spin on the issue James…..who said YOU have to buy all the property.[?] You just have to be the one in control of the asset. This could mean many things but as an example you may use an investor and they “buy” the property which you then wrap and split the profits from. You may just offer them a % on their money which you use as a deposit. []
Many ways to skin a cat……

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September 8, 2003 - 6:43 am

Hey arty no offence taken just thought I would clarify. The upside is that at least you get to meet some of these guys and follow their journey over the next year. I’m sure it will be a real rollercoaster.

The other upside is that you don’t have to se my mug on the screen. Anonymity is great. []

The test for evryone will be to put faces to names from the show.

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September 8, 2003 - 6:27 am

Backing Wil and Del here Arty. I am helping out at the MAP and I can say Steve is not giving deals away. This about empowering people to go out there for themselves and prove their mettle. Good on them for sticking with what was asked of them.

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September 7, 2003 - 5:54 pm

Most are but there is only one way to definitively prove that……

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(Andrew)

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