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  • Profile photo of KeeshaKeesha
    Member
    @keesha
    Join Date: 2003
    Post Count: 6

    Where does this suggestion come from?
    I guess not many people do that, whether this is right or wrong.

    Cheers.

    Profile photo of KeeshaKeesha
    Member
    @keesha
    Join Date: 2003
    Post Count: 6

    Well,

    to be honest… I have this feeling that just when the idea of buyng a cashflow +ve property investment became available to an average investor like myself, the object of this investment became practically non-existent.

    It is all fine to come across a property somewhere in Ararat or whatever. But let’s be serious. You can buy shares. You can buy -ve geared property. You can buy business. But you just can’t buy the +ve geared property. It is not an investment choice, if you come across one somewehre in Ararat. Once in a life time. Especially if you happen to live in Sydney. Come on guys. You might as well win a lotto. Although it is good, it is not an investment choice.

    Cheers!

    Profile photo of KeeshaKeesha
    Member
    @keesha
    Join Date: 2003
    Post Count: 6

    Hi John,

    I think this is an extraordinary incentive to give your tenants a holiday from rent! Well done!

    Keesha

    Profile photo of KeeshaKeesha
    Member
    @keesha
    Join Date: 2003
    Post Count: 6

    Thanks for everyone who responded!

    This is what I learned:

    In terms of geographical location,
    the +ve cashflow properties could be found in regional centers or far away locations like Alice Springs. Definitely not in Sydney.

    Alternatively, one can apply strategies such as the Options Contracts, Wraps or share the equity growth with the tenant to keep the cashflow positive.

    Property can start negative and turn positive after years of capital growth, good rents and paying off your mortgage [:(]

    From my personal experience, adding value by ways of buying electrical pack may appeal to some tenants and turn off others. Plus, you have to get the idea into the brain of your real estate agent since (s)he is the one to negotiate with your tenants.

    Thanks again for your ideas!

    Profile photo of KeeshaKeesha
    Member
    @keesha
    Join Date: 2003
    Post Count: 6

    Hi everyone,

    I was lucky not to get involved with NII, and now I can see that I was probably very right to do so.

    But…

    This is exactly the same reason why I did not attend Steve’s seminar. May be Steve will be not very happy to see this, but I actually think that no seminars are good value for money.

    This view clearly contradicts with the view of many on this forum that last Steve’s seminar was a great success.

    So, the specific question is, how one can tell that NII’s seminars are bad and Steve’s are good, without attending BOTH?

    Best regards!

    Profile photo of KeeshaKeesha
    Member
    @keesha
    Join Date: 2003
    Post Count: 6

    Thanks heaps guys!

    It is truly a wealth of knowledge in this forum!
    Now, I think I better move in sooner rather than later…

    Cheers!

Viewing 6 posts - 1 through 6 (of 6 total)