Anyway, I’ll like to wish you all the success in your property investing journey. Cheers Mate!

P.S Don’t forget the 3 posts everyone .. lol!

Looking for another income source? – Email me.

Challenge him to prove his rental claims. Best of luck!

Looking for another income source? – Email me.

Maybe future seminars can go into late nights? (If Steve can take it all that is … I have no doubt he can)

Cheers Everyone!

Looking for another income source? – Email me.

Looking for another income source? – Email me.

Looking for another income source? – Email me.

1) You’re saying the CF is still superior even after the recent growth? (What’s the typical annual ROI in N.Z after expenses?)
2) Is there any more upside/growth potential for N.Z in general (esp. Invercargill) in the next few years?
3) Why wouldn’t you consider Oz?
4) Are there any other advantages besides stamp duty and superior…[Read more]

Looking for another income source? – Email me.

Nodoc as in unsecured loan, unemployed person?

Looking for another income source? – Email me.

What about for international buyers? (I’m not Australian)

jspri, yes I’m older than you. Could you give me an idea of how much you paid for your IP (estimate will suffice) and which area it was in? (Just to get some idea …)

Looking for another income source? – Email me.

The ONLY reason I started this thread is for the very reason of the question and that is to find out what the typical bank IRs for amounts as such.

Fantastic way to make recurring monthly income!
If you’re interested, email me. (You’ll be glad you did!)

eeshole, it’s not appropriate to post more details of it here since this is largely a property…[Read more]

I haven’t got any “real” experience with what we normally term as investments (shares, properties, etc). What gave you that idea?

Cheers!

Fantastic way to make recurring monthly income!
If you’re interested, email me. (You’ll be glad you did!)

As I understand, it takes at least 6 months from the time I obtain my learner’s permit before I can go for my practical test in QLD.

Is that the same for other states?

Fantastic way to make recurring monthly income!
If you’re interested, email me. (You’ll be glad you did!)

Mind telling me which bank you went to to apply for it?

Fantastic way to make recurring monthly income!
If you’re interested, email/PM or click on my “WWW”.

Were there any pre-requisites to having that card? Is there any need for approval like standard credit cards?

Fantastic way to make recurring monthly income!
If you’re interested, email/PM or click on my “WWW”.

Just curious …. What is this debit card you have? Visa debit? From where did you get it? Westpac, St George?

Fantastic way to make recurring monthly income!
If you’re interested, email/PM or click on my “WWW”.

That’s pretty amazing … You’re going for the 2nd time??

1) What are your reasons for doing so?
2) What were you previously doing prior to investing full time?

Fantastic way to make recurring monthly income!
If you’re interested, email/PM or click on my “WWW”.

Really want to get something started by doing something right!

Fantastic way to make recurring monthly income!
If you’re interested, email/PM or click on my “WWW”.

And Marisa, where did you get the info that there are more millionaires per capita??

Fantastic way to make recurring monthly income!
If you’re interested, email/PM or click…[Read more]

Fantastic way to make monthly income!
If you’re interested, click on my “WWW”.

As for the one I’m dabbling in right now, I happen to receive my 1st payments (profits) this morning. What a shock when I read the email “You have received payments!”.

Lucifer_au, ah ha … I knew you’ve not done your homework properly. It’s…[Read more]

Proven System to double your $$$ in 60~90 days!!
If you’re interested, click on my “WWW”.

Proven System to double your $$$ in 60~90 days!!
If you’re interested, click on my “WWW”.

after studying the system i’m in, i’m totally amazed at how genuine the community is and how lively the whole forum is.

This system i’m talking about is not a pyramid. Pyramids don’t…[Read more]

Just remember to do your own research and DD before deciding.

Btw, anyone knows how to create a encapsulated link for our signatures?

Proven System to double your $$$ in 60~90 days!!

Those interested, PM me.

However, if i were to suggest anything it would be to look at it in a different angle and see what’s their business model like.

Cheers!

Invested some money into it slightly later. I found…[Read more]

Steve, do you mind talking more about this “investing system that identifies solutions to a range of problems”? I don’t quite ‘catch the ball’.

With Clint and Robert’s explanation and perspectives, I get it now.

Really thanks to all your contributions (Robert, Clint, Steven, Simon).

In that case, do people buy plots of land and build houses in them for sale?

I’ll be paying $20004 per year for 5 years???
And that is interest only? And why the 4 dollars?

Isn’t it 10% of $200k -> $20k (interest)

$20k / 5 years??

Based on a $200k loan at 10% interest (5 years), I’ll be paying the $20k interest amortized over 5 years. After the 5 years, I’m left with just the principal to clear …. Right?

I was really chuckling to myself with your cute little chant “buy wholesale, sell retail”. Really cute.. Did you think of that yourself?

Btw, where can one look for wholesale IPs?

The downside is that your debt wont reduce during the IO period however this may not be an issue – depending upon your strategy.

Why’s this so? Is it because I’m paying off all my interest on the loan paying actually paying off for the principal borrowed?

Greg, those examples really did help. I know how to calculate now.

*Nero huh? Hehe … (That was pretty funny I thought)

So what do you consider a good rental yield (as a %)? with closing cost and without …

It is listed at $130,000 and the vendor would take $125,500. It is currently rented at $235.00 per week.

What do you think?

And what do you guys essentially mean when you say “do your homework twice”? (Assuming I’m already pretty confident and sure about some deal)

Geo, check your PM.

Anyone have any comments?

P.S Btw, are you a more CG or +CF kind of person?

What Richard did was hold an option to purchase at $800,000. Eventually, the option to buy was used by another party who paid $1.35M.

Which means to say he made $1.35M – $800k – $1000 (option money) from the deal.

It works a little like flips.

Richard, you mentioned knowing your market and town plan … Can…[Read more]

Couple of questions:

1) Did you have partners or are you working solo on all these?
2) You mentioned know your market and town plan … Can you expound a little more on what you mean?

Live With Passion,

Kelvin

1) http://www.realestate.com.au/cgi-bin/rsearch?a=o&ag=&s=qld&c=26483272&tm=1098413115&id=101917890&f=0&p=10&t=res&ty=&snf=rms-bri&cu=&fmt=&header=
2) http://www.realestate.com.au/cgi-bin/rsearch?a=o&ag=&s=qld&c=45837337&tm=1098413248&id=101962806&f=0&p=10&t=res&ty=&snf=rms-bri&cu=&fmt=&header=

Suppose if I had a…[Read more]

Another question I need to ask is when is a ‘0’ downpayment desirable and when is a 20% downpayment desirable.

This is what I’m confused about.