Forum Replies Created
cmon guys! anyone??
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GlennReally?
I thought Foreclosures are meant to be a great way to buy properties @ a wholesale price?? [
]So you think this is only possible in the US but not in here?? [
]Glenn
Ok guys, one word….FORECLOSURES….
Where can i find them, where can i get them.Anyone?? [
]Glenn
Hey Fatboy, [8D]
I know this is asking much, but is it ok if i can interview you on the phone for say 10min? It will mean a lot to me because iam learning from experienced renovators.
my email is [email protected] [
]Thanks and i hope to talk to you soon.
GlennHey Guys!
Has anyone read the book “Buy, Fix it, Sell it” ?
Its by Kevin C. Myers.
This book is fantastic! THe only problem is, its based in the US.[]..what do you guys think?GLenn [8D]
Ok guys, so far, the tally goes like this.
option 1 = (Get started now!) 0 [
]option 2 = (Learn from seminar b4 starting) 4 [
]So far so good. im thinking of going there too. I think 6k is abit of an exageration. Im only planing to bring my dad along so thats twice the cost plus airfare and accomodation. roughly 5-6k.
Keep the votes going guys.[
] Were doing great. Remember, dont hesitate to give your opinions!Annaw2, u still there? can u tell me which post you posted your success story?
Thanks for the story Fatboy, ill print this one for my folder!
THANKS A LOT!
Glenn [][
][][8D][][][^][?][?]
Ok guys, im gonna need everyones opinion here..And i mean everyone who reads this post. Lets vote if we have too!Okay, after reading a fair few books on RE and renos (12 to be exact) I AGAIN got into a dilemma! (Something i seem to alwayws stumble on)
Last week, i got a permanent job. This should help me borrow some funds for my first investment. Iam now faced with 2 options. With the money i saved, what am i to do?
Lets view them[|)]Option 1 – I save 8k-10k + use my parents house’ equity to borrow funds for my reno and sell/hold.
Risk is high due to the fact that I have never done this before. (I could also lose all my savings and in return, i many not get cash… but i gain experience)[|)]Option 2 – I can save $6k for The Reno kings/ Peter Spann seminar- I’ll bring my dad so he can help me get started. It may be expensive, but this will give me step by step on what to do and reduce the risk of making major screw ups. The only down side is, i may have to save up again and it may also take time, which in turn can lose the momentum and basically possibly lose my $5k from the seminar. (I dont want to end up like a seminar junkie. )
Let the voting start guys. I’ll tally up the scores in 7 days. With your vote, pls also explain why i should choose that option. From what i found out, most of the rich guys (Robert Kiyosaki, John Burley, S.Mcknight, etc) went to expensive seminars to start off there ventures.
Should I do what they did???
you really opened my eyes on this one. Many thanks guys, and power to everyone who believes!Glenn [8D]
Thanks for all the replies.[
]Im printing all your examples for future references. I guess i can sell the property after one year, that way, i dont get taxed a lot. But the real question is, when do you know when your really ready? [?]
Cheers!
Glenn[^]Hey Guys!
Thanks for the replies. I’ll get my hands on the AIP magazine, and other courses that was mentioned. [
]Melbear- I’ll grab myself a copy of one of their books.(Reno kings) They sound really professional so ill see what they have to offer. Thanks! [^]
Cookie – Yes Ive read Peter SPanns book. In one of the chapter, He acutally did reno and sell for 3 years. he mentioned he only earned 300k in 3 years. SO to him, it was nothing…He wanted to be a millionaire straight away. (But for me, it will be a good start to earn that much in a young age! hehehe)[
] I’ll also have a look at Stuart O’neil. Thanks for the tip! I really appreciate it. []Fatboy- Great example Fatboy [
], just wondering, did you sell the property after renovating it? If you did, what taxes were taken off? what kind of a house is it? (3bed 2 bathroom?) How much did it cost you all in all? You can email me the answer if you do not wish to show everyone the results. [email protected] Many thanks Fatboy []Thanks everyone and let the replies keep on coming! [
][][8D][][^][][]Ah thanks Mel…[^]
Seems like i found a professional renovator from that site. Thats fantastic. I guess i need to read more books about it. So far Ive read the following.
*Improve the value of your home – Robert Irwin
*101 ways to massively increase the the value of your realestate -Dof Deroos
* Auction squad the bookCan anyone else suggest the following books to read regarding renovations/ capital gain?? [
]Annaw2 r u there? Give us more info about your recent reno success yeah!? [
]Mel, did you have any experiences in Renos?? [
]Cheers guys, [
]
GlennBy the way, one of the posts mentioned there were property gurus like Steve Mcknight that holds seminars on renovating property. Can anyone recommend one for me? [^] Preferebly in Sydney..
Many thanks,
Glenn []Thanks again to all the replies. [^]
Im beggining to learn more and more as more messages are posted.
Anna, (aka Annaw2) Im really interested about your past experiences with renovations. The fact that you did it twice in Sydney, you might just be the mentor im looking for. Is it ok if i can email you so we can further discuss your recent success? my email is [email protected]
Whats your email??
It will be an honour if we can get in touch. [^]My plan is to do the renovation technique for a year or 2. With all the profit i make, i can use it to go John Burley’s Bootcamp or Steve Mcknights Wrap seminars. They usually cost more than $3k. Anyone who is taking the same path as Iam should share experiences so that way knowledge is passed around everywhere. [
]“If you want love – give love” [
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“If you want a punch in the face, give one to a stranger and you will surely get it back. [xx(]
“If you want to receive riches, then give riches” [8D]– John Burley
Many thanks and keep up the posts!
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