[kaydeeMember@kaydeeJoin Date: 2003Post Count: 29]

August 25, 2003 - 12:31 pm

Motivational books are good too and I concurr with all the previous posts regarding authors such as whittaker, bell, kiyosaki etc.

Some of the good ones I have read over the years are:

The Dream lives on!
Business Directions
Endless Referrals
Steves book
How to win friends and influence people
All of Kiyosaki’s books
All of Anita Bells’ books

Happy Reading – But don’t get bogged down in the research – start doing as well.

[kaydeeMember@kaydeeJoin Date: 2003Post Count: 29]

August 25, 2003 - 12:24 pm

Well done ausdmx,
Its great to see young people standing up for what they want and thinking out of the box. I applaud you.

As for your idea – go for it. Just a tip though remember being a millionaire in property is not just about owning property valued at a million but rather generating the positive income to support a lifestyle commesurate with the statis.

Just my opinion. I don’t want to be a millionaire on paper – I want the paper in the bank.

[kaydeeMember@kaydeeJoin Date: 2003Post Count: 29]

August 25, 2003 - 12:14 pm

Don’t know anything about that specific group but was heavily involved in bartercard for a couple of years. Bartercard use trade dollars to purchase or sell items including real estate. My opinion is BE VERY CAREFUL! You can quite quickly get into the situation where you have all these trade dollars that you can’t pay your mortgage, insurance, management fees, or even live on. They can be more of a liability in my opinion than helpful. As for the banks accepting them as deposits, this seems to be more that they are accepting that a deposit in kind has been made rather than in actual dollars – again be very careful. The banks won’t accept them to pay your mortgage payments that you can be sure of.

Good Luck

[kaydeeMember@kaydeeJoin Date: 2003Post Count: 29]

August 25, 2003 - 11:56 am

Hi All,

Thanks for stimulating the brain cells [|)]

I also felt that there was some suspect maths involved in the appendix but put it down to typing error rather than a change in the transaction. I must admit though I read the book in one sitting and late at night and didn’t bother to check the maths all that carefully. I was more interested in the principals than the details.[]

[kaydeeMember@kaydeeJoin Date: 2003Post Count: 29]

August 24, 2003 - 9:07 am

quote”You need to get back to basics. To start with identify your goals. What do you want in the short, medium and long term? Which is more important to you, tax reduction, asset growth or return on investment ie cash flow? Are you an aggressive or careful investor?
After these questions are answered then strategies can be worked out for you.”

Well done Bruce – glad someone hasn;t been dazzled by numbers.

[kaydeeMember@kaydeeJoin Date: 2003Post Count: 29]

August 19, 2003 - 12:55 am

Pick me!!!! Count me in!!!

[email protected]

[kaydeeMember@kaydeeJoin Date: 2003Post Count: 29]

August 18, 2003 - 3:38 am

Harold I would be happy to email you the details.

Post your email address or contact me on [email protected]

[kaydeeMember@kaydeeJoin Date: 2003Post Count: 29]

August 17, 2003 - 9:05 am

Although I am also new to the investing area – I have managed to find (with only a few hours work) 3 properties that are worth checking out in my local area (brisbane). I would reinterate what others have said and simply say you need to look harder the good deals are still out there. They are just a little more obscure.

[kaydeeMember@kaydeeJoin Date: 2003Post Count: 29]

August 17, 2003 - 8:16 am

Anyone interested in playing cashflow in Brisbane can contact me. I would be happy to host.