Even after June 1st, if I only buy and then flip for 11 – 11.99% more then what I paid for the property, then I dont have the tax to pay and still make a nice little profit each time. Seems that the market for sellers will be mostly to the Mums and Dads and far less investors.

Even REAs are now presenting offers to vendors that in…[Read more]

Obviously you missed my point. Kiyosaki talks about the word crisis as having two meanings. Danger and Opportunity.

You asked where I got my info from? My Dad was telling me a story (like I said in my post) about this. Like I said, it does not matter if they were jewish or what race or colour! They were deal makers who could spot…[Read more]

I have know Rick for a while now and worked closely with him. In fact, he personally trained me before he started his seminar business. We would drive out looking at and buying houses, and I would practise on his houses.

Not just for me, but for many other people, Rick has helped many investors get going from no knowledge to pretty…[Read more]

To add more to this. My Dad called me from QLD last night. He shared with me what happened back in the great depression.

He told me that their was many people standing around in Martin Place in the city, standing outside the banks with their bank books wanting their money. The banks were all shut. Walking around the same area were jewish…[Read more]

Our direct marketing to sellers has always landed us great no money down deals. All the people who want to sell up is just fine with me.

I now have a feeling that once we do our next round of marketing, that I will not be able to buy all the opportunities that become available because of the volume.

Please let me know if you would be…[Read more]

First post ever to this site! I watched the news last night and being a NSW property investor, had to smile [biggrin]

I remember John Burley talking about people who don’t know what they are doing in the share market and calling them “pigs”. They buy at the wrong times and sell at the wrong times – its great.

I think this has become the…[Read more]