PropertyInvesting.com | alan_chong5533 | Activity https://www.propertyinvesting.com/members/alan_chong5533/activity/ Activity feed for alan_chong5533. Sun, 12 Apr 2026 20:23:30 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7574e7fcbdcd1b5263a4cc129b352dec alan_chong5533 replied to the topic Best wealth creation books? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398697-best-wealth-creation-books/#post-4616630 Wed, 10 Feb 2010 12:27:24 +0000 All of Steve's books are excellent. His second book is really good as he takes on the mentoring role and you can use his tools to keep yourself moving.I am reading 'Think and Grow Rich in Property' and it is very good too.Alan

]]> 449f6f8e55005f72cb4f833ff11242bf alan_chong5533 replied to the topic Positively Geared Calculation in the forum Finance https://www.propertyinvesting.com/topic/4396190-positively-geared-calculation/#post-4603752 Mon, 11 May 2009 06:06:53 +0000 I wouldn't be factoring in depreciation and tax benefits…because I want to know if it is positive cash flow without depending on the tax system. ie "Does it produce cash flow without me working in a job?"That's where I am coming from. (I learnt this from Steve).Makes sense to me!Alan

]]> 2d4ed15302a0dc4efae76ab9836cb2ad alan_chong5533 replied to the topic Arbitrage Sports betting in the forum Heads Up! https://www.propertyinvesting.com/topic/4394665-arbitrage-sports-betting/page/2/#post-4595329 Sun, 10 May 2009 13:42:09 +0000 Arbitrage Sports Betting?What next??That's not investing…that's like some kind of speculating.C'mon.You would be wasting your time.Leave it alone and get back to real estate investing issues!

]]> 7a8119a60650a24be88391c73c0c4a2c alan_chong5533 replied to the topic Books by Guru's - Bibles? BS? or Something in between? in the forum Heads Up! https://www.propertyinvesting.com/topic/4395944-books-by-gurus-bibles-bs-or-something-in-between/#post-4602157 Sun, 10 May 2009 13:35:18 +0000 Hi,If I had to recommend one author…it would be Steve.Most thorough, best layout, top information.But ultimately you have to find your own niche. The authors can only tell you what works and what the issues are.What works for each of us…well that's another thing. I remember Steve saying that success in real estatecomes down to the skill of the…[Read more]

]]> d0504aee49c7ce98a3dad57ae4862382 alan_chong5533 replied to the topic Positively Geared Calculation in the forum Finance https://www.propertyinvesting.com/topic/4396190-positively-geared-calculation/#post-4603749 Sun, 10 May 2009 13:12:14 +0000 Hi,I think the calc would be:Rental income – mortgage repayments – regular outgoings (council rates, management fees, postage, GST, insurance, repairs and maintenance, any other outgoings)Steve has mentioned that you should ignore depreciation benefits and tax benefits. You want to evaluate the cash flow without these potential tax benefits.I…[Read more]

]]> e264516a864a1bd9544c7d481768e829 alan_chong5533 replied to the topic Robert G Allen in the forum Heads Up! https://www.propertyinvesting.com/topic/4373814-robert-g-allen/page/5/#post-4474504 Mon, 16 Aug 2004 14:41:40 +0000 Hi,

I agree.

I think Robert G Allen is phenomenal!
If you are put off by highly priced seminars then I recommend you read any book Robert Allen has written..Nothing Down for the 90s, Creating Wealth, The One Minute Millionaire.

He is an educator for the common man. He wants the Average Joe to achieve massive success. In his books he is…[Read more]

]]> 11d469a25eea7bef724eb801f0d44fd7 alan_chong5533 replied to the topic Robert G Allen in the forum Heads Up! https://www.propertyinvesting.com/topic/4373814-robert-g-allen/#post-4474430 Wed, 19 May 2004 08:08:05 +0000 Hi

I went to Robert G Allen’s evening seminar last night. He has lots of property strategies which most people on the forum would be familiar with (ie flips, options, wraps, lease options, conversions, making money on the internet, stock market trading).
You can read his book ‘ Nothing Down for the 90s’ which has good material.

He’s now…[Read more]

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