It is good to hear someone else having problems finding properties using the 11 seconds formula.

I read Steve’s book when it first came out and became very excited with his words of wisdom and wanted to start my own property portfolio.

I also read others along the same lines. Everyone has an opinion on property investments. Ultimately we do what…[Read more]

I recently looked into investing in one of their properties in SA. They look too good to be true on the surface – investment is hands off as they manage everything for you, however when you do the numbers the properties end up heavily negatively geared. It depends on what you are after, positively geared vs capital appreciation.

Property prices…[Read more]

Thanks to those who have replied to my request for reading material.

Leo[]

I am currently reading Steve’s book and have found it interesting reading. The only negative thing I have to say is that his formula – “11 second solution” (page 30) does not seem to work in the current housing boom market. It is very difficult especially when borrowing 105% (using the equity in principal residence to borrow 100% and an extra 5%…[Read more]