Forum Replies Created
Hi Everyone
There are a couple of cashflow 101 clubs in Sydney. (1 @ Nth Sydney) If you go to the Rich Dad Site you can search for cashflow clubs in your Country/State/Suburb.
Be Lucky
ChrisHi Jonathan
I actually receive a monthly newsletter from Ajay, he has the same deal, hand over money and they will do the rest, it does sound a very easy way to go. I am very interested in buying ppty. in the UK and would be interested in sharing any info. I have just returned from the UK last Sat.PM and let me know how you go with your project.
TeachJust about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Dear Phil
A book which is about foreclosures because people haven’t paid their taxes, is the 16% Solution by Joel S. Moskowitz. I found it a really interesting book with info. from selecting an area; what to look for in ppty’s; bidding at local auctions; to getting people on the ground to help you. My reservations with buying foreclosures was that they were sold at auction and you couldn’t inspect the ppty. before hand, so therefore you bought the ppty. before completing any due dilligence.Teach
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Thanks for the leads. Any help I can get is great.
Will be in touch World Changer.Teach
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Dear Snowflake
Just so you don’t think your going crazy, yes there were calculators on this website, I miss them too. I have emailed to see where they have gone and if we can have them back.
teach
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Hi Adam
Yes I have purchased the wrap kit, it is an excellent resource and gives you the confidence to start wrapping.
You do get access to Steve, I asked approx. 3 questions and got very good and prompt replies by email and even a telephone call from Steve. This is a very good and thorough resource that I would highly recommend.
I have tried my first wrap area, although with no success, I found it quite time consuming as I have a full-time job.
I will try other areas where I hope to be more successful, but at the moment I am looking at other avenues.
Cheers
TeachJust about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Ozi
The figures don’t seem to account for taxes, water usage, etc.
TeachJust about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Thanks nkibel
It’s a small world, only this morning I was talking to a fellow investor and he asked had I heard of Alister or Cameron Perry.
Thanks for the reply I will get in touch with them.
TeachJust about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Thanks dohicky for the advice, I have got a few names from the Kiwi forum.
Thanks again. Teach.
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Hi everyone,
Unfortunately I have just read the posts re July and September meetings but would love to be included in the next meeting.
Thanks TeachJust about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Hi WtbNow
I have just recently completed my Estate Planning, I own property in my own name and a trust, I formed a Discretionary Trust, which comes into effect only when I die. This seemed the best way to pass on my assets to particular people. A good solicitor should be able to advise you. Costs between $2,500 – $3,500.
Good Planning Teach
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Hi
Thanks everyone for your replies I will get onto these resources they are a great help
Teach
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Hi
Try Steves 11 Second Solution.
See calculators on website.
Regards Teach
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Thanks Pro-Active and Westan for your replies, they have been a great help.
Regards Teach
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Hi Harry
My advice is to buy the WRAP KIT and study it if you are interested in vendor financing – i.e. becoming the bank. Good way to get + cashflow without the hassles of tennants.Teach
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Dear Lee
The short answer is yes! I have only two rental properties at the moment and am in the top tax bracket so it really didn’t matter, but now I plan to get into IP in a big way. Visited the A/c the other week for less than 2 1/2 k he set up a Family Trust with a Pty Ltd Co. as trustee, I now feel confident in my position as to the right structures and can get on with the business of investing. Peace of Mind is a great thing.
Teach
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Thanks everyone for the info.
Teach
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
hey_ang
I rang this guy John, he emailed me his info, package and then sent me some of the properties I could buy in the USA, when I did the figures they were not + cashflow and when I asked could I view the houses I never got a reply, I think that says it all.
Teach
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
First Timer Post:
Does anyone know if the title of the property has to be in your name before on-selling on terms in a vendor financing transaction.
Thanks Teach.
Just about to get into P/I in a large way with an aim to early retirement and having fun along the way.
Dear EasyMoney
This is my first time on the forum, I am interested in making a trip to the US to purchase foreclosures and tax liens which return 16% interest or so they say. I have never invested in the US but would like to see how the land lies. Let me know if any of this interests you.
teach
