*Except, perhaps for Rene Rivkin and Martha Stewart! []

Can’t say I blame you, mate.

I’ve been following Steve since his first websites, been a PAID member of his first online forum (not cheap), and always enjoyed my time and learning… until now.

It has become more and more difficult to get up the effort to come to this site lately.

The number of negative posts and annoying knockers…[Read more]

I think it’s a reminder that solutions to problems = money.

In other words, take the books wisdom, and create a solution for:

a) the owners of the properties by taking them off their hands (at a discount)

b) tenants – don’t allow them to get to the stage where you’ll have such problems with them.

Also, if you do the right thing by…[Read more]

Warmly,
Jason Seperic
Triumph Publishing
http://www.triumph-publishing.com

Was there *nothing* you could do to negotiate a win/win? Change the paramenters of the deal with the vendors to give you a more favourable outcome and them the peace of mind that the deal would go through?

Warmly,
Jason Seperic
Triumph Publishing
http://www.triumph-publishing.com

Warmly,
Jason Seperic
Triumph Publishing
http://www.triumph-publishing.com

Whilst I haven’t read this book directly, I’ve read another of his on property options which is excellent. If this is anything to go on, you’ll find the other book packed with good info.

I like his no-nonsense approach.

Warmly,
Jason S
++++++++++++
If you get a chance, please check out my new ebay…[Read more]

Just out of interest, and if you still have the time, I’d love to see a sample of your old ad vs what you used from the wrap pack.

Warmly,
Jason S
++++++++++++
If you get a chance, please check out my new ebay…[Read more]

try:

http://www.marineboard.vic.gov.au/sro/srowebsite.nsf/taxes_duties_land%20transfer_calculator.htm?OpenPage&charset=iso-8859-1

and

http://www.marineboard.vic.gov.au/sro/srowebsite.nsf/taxes%20rates.htm?OpenPage&charset=iso-8859-1#property

taken from the SRO of Victoria – you’d be amazeed what you can find online when you have a…[Read more]

The general rule of thumb for all the cost of buying a property is 5% of the purchase price, so you should allow for about $3500 for your costs on a $69,000 property.

Warmly,
Jason S
++++++++++++
If you get a chance, please check out my new ebay…[Read more]

WOW – great idea! I think your list is a great start for the real ‘novice’

One thing, the Neil Jenman book you mention – I had this one and ‘Don’t Sign Anything!’ (which came out late last year.

Probably better to buy the new one, if you’re interested in purchaising Jenman, because the material is much the same in both books, but…[Read more]

The biggest problem I have come across in my investigations into this is:

Double stamp duty eating up any profit – ie. the stamp duty you pay as buyer and the stamp duty your assignee has to pay. Each state has their subtleties about this, but as I understand it, unless there is the ‘look’ of a single transaction about it, a double…[Read more]

Sort of like “The Phantom of the Forums”! ;o)

Who hides in the darkness of anonymity and inadequacy only to strike out every so often?

Ah, well, to each their own…

Jason S

Kindest Regards
Jason S

Several suggestions below…

1. ‘Positive Paradigm: From 0 to 130 properties in 3 years’

2. ‘Supercharged Success: From 0 to 130 properties in 3 years’

3. ‘Magic Mindset: From 0 to 130 properties in 3 years’

4. ‘Small Shifts, Big Results (ALT: Small Shifts, Big SUCCESS): From 0 to 130 properties in 3 years’

5. ‘A Plan for Action:…[Read more]

Your best bet is to do a search of this (and other) forums. There has been plenty of discussion about them here.

Kindest Regards
Jason S
++++++++++++++++
Check out my E-Bay Auctions:
http://cgi6.ebay.com/ws/eBayISAPI.dll?ViewSellersOtherItems&userid=jayess70&include=0&since=-1&sort=3&rows=25

ASIC is investigating HK and his company NII for openly stating in some of their publicity material that they are ‘ASIC approved’, which ASIC is contesting in court.

Integrity is important – where does this leave HK & his company. Even if innocent until proven guilty……[Read more]

You should be able to conduct a title search through a Solicitor, or even perhaps get that info through the land titles office (for a fee).

If you’re in Tassie, I know how you can get the info for free over the ‘net.

Kindest Regards
Jason S
++++++++++++++++
Check out my E-Bay…[Read more]

From an ex-tenant viewpoint, we found Ray White in Mirrabooka very good, fair and easy to deal with. They also conducted solid inspections like clockwork. Might be worth checking out, especially the asian lady who is the supervisor there (sorry, I can’t remember her name)…Diem something, I think.

Hope that helps.

Kindest…[Read more]

If you can get hold of a copy (and they were scarce when it was first printed) try “The Money Tree” by Diana Mathew.

It was featured about 6 years ago on Today/Tonight (or one of those shows), I saw it, bought it, implemented it and am glad to say have a very large level of savings. It is a simple system, but VERY…[Read more]

I assume you will be using the villa as your home (ie. Principal Place of Residence)? I am not sure that the keystart loans are available to investors, but I could be wrong.

Without really looking into it fully, I cannot see that there is a problem with your idea – but it comes down to what you actually want to achieve…I presume,…[Read more]

Personal money? Probably not. BUT, I don’t have shareholders to appease[]

So, the question to be asked is, why this product at all – is it that the banks HAVE to offer it? No, I would think not – except I would expect it is being supported by the Fed Gov as a way of easing the Social Security burden – and we all know how much Uncle…[Read more]

I found D&P Hanna’s full course to be very good. I would recommend at least going to the info evening at the Burswood to get a feel for what they have to say. It’s only $59 ($49 for grps of 3) so it is a relatively small amt for quite a lot of info.

Kindest Regards
Jason S
++++++++++++++++
Check out my E-Bay…[Read more]

There you go! ;o)

Kindest Regards
Jason S
++++++++++++++++
Check out my E-Bay Auctions:
http://cgi6.ebay.com/ws/eBayISAPI.dll?ViewSellersOtherItems&userid=jayess70&include=0&since=-1&sort=3&rows=25

RM is a product which I believe has been trialled in Aust before, by the banks, with mixed results.

Basically it is a situation where, should you have significant equity in your home, the bank will *give* you, say, 80% of your equity on the understanding that they will be paid out + interest when the house goes into probate (ie. the…[Read more]

Presumably, if one is interested in getting to the level where one accumulates $1m + properties, one has to start somewhere more…modest?

Are you saying that $30k houses are too modest? If so, where would you recommend one starts?

Kindest Regards
Jason S
++++++++++++++++
Check out my E-Bay…[Read more]

1. Knock on the door, leave a note/card.
2. Ask the neighbours what they know about the property – they may be wanting to get it fixed up as much as you want to buy it if it’s an eyesore.
3. Ask a solicitor to do a title search.
4. Ask your Govt titles office if they supply title holder info for an area.
5. Get chummy with an agent…[Read more]

Thank you for that – it would seem that the fruit of your enquiries is: “Attitude is Everything”! []

Kindest Regards
Jason S
++++++++++++++++
Check out my E-Bay Auctions:
http://cgi6.ebay.com/ws/eBayISAPI.dll?ViewSellersOtherItems&userid=jayess70&include=0&since=-1&sort=3&rows=25

Any chance you might be able to share how you get 95% LVR for your wraps on a consistent basis – don’t the Mortgage Insurers get ‘antsy’ about it?

If you don’t mind, I’d love to know…

Kindest Regards
Jason S
++++++++++++++++
Check out my E-Bay…[Read more]

The formula is simple…

Take your weekly rental, divide by 2, times 1000

So, for example, if I was looking at a prospective property that rented for $150 per week, and they were asking $90,000 for it, I could quickly check to see if they were in the ballpark of what I needed to buy it for to be +vely geared (cashflow) –

Here the…[Read more]

Birdman mentioned Baliff/Sherriff auctions – one strategy I was toying with was approaching those whose properties are to be sold via these auctions before the due date, finding out how much they owe, and tailoring a solution to their problem…see Steve, I was listening! []

Kindest Regards
Jason S
++++++++++++++++
Check out my E-Bay…[Read more]

I hope that you didn’t find my posting about Mr Burley offensive…certainly no offence was intended.

I was merely ruminating on an idea – that MANY people who enter investments based on the reputation and/or personality of the teacher/investor/offerer rather than closely examining the real merits and/or downsides of the issue tend…[Read more]

Interestingly enough, I had much the same thoughts as expressed here about the Burley offers. Although he did not seem to actively pursue Australian investors, (because it was on an international forum), london-to-a-brick there were Aussies on the forum who went for it. Good investment?…ah well, there’s the rub!

As we are contantly…[Read more]

Happy New Year!

Jason S

Mate, I’m well – I trust your trip away was relaxing and full of bonhomie ;o)

I’m looking forward to moving into L/O’s next year…once you know this stuff, it’s so difficult to mess about with B,H&H (Buy, Hold & Hope), you know! ;o)

Regards
Jason S

Please do a ‘search’ on the forum for more info…there have been several posts on this subject.

Jason S

What about the idea that you become a “conduit” for members of the forum to recieve finance via your source and you get compensated, not unlike a mortgage broker? You could even hire a new person to just do this in your office if the demand is great enough…just a thought.

Happy New Year!

Kindest Regards
Jason S

As MI is a closed shop (ie only 3-4 out there) and any 1 bank will only be using 1-2 of them, it look pretty grim for you. The only suggestion I have is GE Financial not only is a lender but one of the few mortgage insurers. You may find that sourcing your loan through them may lead to a better deal on the MI…but no guarantees! Also, it…[Read more]

At the Sydney seminar recently, Steve and David talked about how they handled a ‘similar’ situation with their large Traralgon deal…

Apparently, the place was riddled with squatters who were not paying rent, and they got rid of some of the difficult ones by talking with them one-on-one, finding out what the problem was and then…[Read more]

Yes, I have WB’s course on video – very good, but very much a cap growth/reno strategy focussed on getting cashflow +ve results by doing so. I would suggest you may find the choice really between him and what the ‘Reno Kings’ Geoff Doidge and Paul Eslick are doing – similar, but I think the ‘kings’ give better “practical” advice re…[Read more]

Avoid JW/Oneworld! Did the course last year – huge waste of time, money and energy – unworkable strategies and direct (down to the diagrams and sentence structure) rip-offs of popular authors with no acknowledgement whatsoever.

I’m suprised he is still around…

JS