PropertyInvesting.com | markpatrick | Activity https://www.propertyinvesting.com/members/markpatrick/activity/ Activity feed for markpatrick. Sat, 11 Apr 2026 22:32:32 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e925f52747548f6bccf1ab468a4d32b6 markpatrick replied to the topic Before you spend big bucks in the forum Heads Up! https://www.propertyinvesting.com/topic/4382693-before-you-spend-big-bucks/#post-4532590 Fri, 14 Oct 2005 06:05:57 +0000 Dolf De Roos go to ebay and do a search on real estate dvds.
It is the best value investing info I have ever found, christmas is early!.

]]> f8816361c2ce6c096b38ffabc8927eba markpatrick replied to the topic Opinions in the forum Opinionated! https://www.propertyinvesting.com/topic/4382458-opinions-2/#post-4531195 Mon, 03 Oct 2005 21:49:20 +0000 Originally posted by Mortgage Hunter:
I just wanted to write something on why posts get moderated.

I have had some further direction from Steve and it supports how I view things and moderate.

Posts have not and will not be moderated because they question Steve’s methods or business activities.

Posts that are discourteous of other people, that…[Read more]

]]> 144419282c62b69877ccd6c8351eb414 markpatrick replied to the topic Steve McK (revised post) in the forum General Property https://www.propertyinvesting.com/topic/4382173-steve-mck-revised-post/page/2/#post-4529192 Fri, 23 Sep 2005 20:38:25 +0000 Originally posted by MarkyMark:
Originally posted by markpatrick:
I can`t help but think that Steve and other seminar/strategy salesman at the end of the day would earn thier money in property if they could, since they can`t they play the amway/money streams game.
No malice in my opinion but it`s what I believe to be fact.

I think you are…[Read more]

]]> 29855cef70769de5139db19bcdf58811 markpatrick replied to the topic Steve McK (revised post) in the forum No Subject https://www.propertyinvesting.com/topic/4382173-steve-mck-revised-post/page/2/#post-4529180 Sun, 18 Sep 2005 20:17:31 +0000 absolutely you are entitled to do with your money what you want, I only question people with limited funds going in with rose coloured glasses, and there would be a very high % of those.
To be honest no, I can`t say I find this site valuable, but it is an interesting and sometimes mind boggling read at times.

]]> 1c220a62f3f2235fc23e1391d812d6d4 markpatrick replied to the topic mentoring program in the forum Heads Up! https://www.propertyinvesting.com/topic/4381978-mentoring-program/#post-4528192 Sun, 18 Sep 2005 07:33:01 +0000 Yes and why do these people not act….risk, here age plays a part background/opportunity plays a part, time is a big factor, for them they decide it will not work and maybe they do not possess the inner belief to continue on the the face of failure, if it were as easy as the gurus say everybody WOULD take action, but reality can and often is VERY…[Read more]

]]> e33f15e05532d8e3341c132497398dfb markpatrick replied to the topic mentoring program in the forum Heads Up! https://www.propertyinvesting.com/topic/4381978-mentoring-program/#post-4528190 Sat, 17 Sep 2005 21:55:13 +0000 Simon so are you saying all those participants made gains of hundreds of thousands?.
Of course one or two would that is the aim of all of them, you don`t hear about the others because they are shamed into not admitting they could not use the info![lmao]
These gurus always have an exit strategy.
I can tell you right now how to have all the riches…[Read more]

]]> acc9015c7501e14da1801f3a9755741c markpatrick replied to the topic Steve McK (revised post) in the forum General Property https://www.propertyinvesting.com/topic/4382173-steve-mck-revised-post/#post-4529178 Sat, 17 Sep 2005 09:38:59 +0000 Precisely what I have said on many occasions with regard to having a “mutually exclusive” outlook to the detriment of being openminded to possibilites, one being with regard to buy and hold strategies!.
But in this case I make an exception… tenfold.
I fail to see how on such a grand scale such dramatic predictions can be made or strategies used…[Read more]

]]> 600c6a069099a5fbaa16bb394b8abbfd markpatrick replied to the topic Steve McK (revised post) in the forum General Property https://www.propertyinvesting.com/topic/4382173-steve-mck-revised-post/#post-4529175 Fri, 16 Sep 2005 03:12:05 +0000 I understand your points of view but I disagree.

Yes there is two ways of looking at anything.
Yes it would be boring to retire do nothing or go on holiday forever…..true.
But hey are you saying they have no interest in earning ANY more money only in helping others, sorry not buying that one.
It is all about giving good value, maybe they do…[Read more]

]]> eb8bbc941848b39e74350547decff2fc markpatrick replied to the topic combative agent??? in the forum General Property https://www.propertyinvesting.com/topic/4382008-combative-agent/#post-4528375 Wed, 14 Sep 2005 21:57:46 +0000 I also have a house in a prime position but also a flood zone which is selling for way under market. It hasn`t flood for decades….at all and the house is above the flood zone.
Agents all give differing opinions on the matter.

Keep this mind when buying or selling through an agent.

NEVER EVER trust the advise or believe a real estate agent no…[Read more]

]]> 2aa0ab209d32893bed1ffb5ad71bd49c markpatrick replied to the topic Steve McK (revised post) in the forum No Subject https://www.propertyinvesting.com/topic/4382173-steve-mck-revised-post/#post-4529172 Wed, 14 Sep 2005 21:45:53 +0000 I can`t find this thread you are all talking about, but I agree and disagree with the mentoring idea.
I can`t help but think that Steve and other seminar/strategy salesman at the end of the day would earn thier money in property if they could, since they can`t they play the amway/money streams game.
No malice in my opinion but it`s what I believe…[Read more]

]]> e081947c0b393c45e682d50f74342031 markpatrick replied to the topic Help!! I can't find it - why not? in the forum No Subject https://www.propertyinvesting.com/topic/4382152-help-i-cant-find-it-why-not/#post-4529008 Sat, 10 Sep 2005 22:49:12 +0000 If you want a yes or no the answer is no there are none.
Not at least for the inexperienced or short on dough type investor.
You need to put money in to make them this way.
There are some CF+ properties around in regional areas but they will be in flood prone areas etc or have problems which need to be overcome and this is not at all easy.
On the…[Read more]

]]> f32a90fd1f5b78c24aff1202afbdb7f1 markpatrick replied to the topic Jamie McIntyre in the forum Heads Up! https://www.propertyinvesting.com/topic/4381579-jamie-mcintyre-3/page/2/#post-4525580 Sat, 03 Sep 2005 21:17:24 +0000 I was inspired to look at the dvd and read all the material but asked myself what is this guy offering, apart from all the talk of answering phones on a beach and not working ever again it just didn`t seem to offer anything at all except for a few ideas here and there which amount to crap.
Even after reading testimonials I felt well “big deal”, is…[Read more]

]]> 8343eeccfffca303a604236c61c0b8b5 markpatrick replied to the topic Negative comments.. SO FUSTRATING! in the forum Help Needed! https://www.propertyinvesting.com/topic/4381913-negative-comments-so-fustrating/#post-4527712 Wed, 31 Aug 2005 08:12:31 +0000 That`s right, all this positive attitude stuff is great, but it is not negative in the least to question something, in fact it must be one of the most important aspects of life, it would be ridiculous to act positively to every situation you are presented with without questioning it, the only ones who push this are the ones with a dream to…[Read more]

]]> 7b58ce39f9c77de2742f5ed3e3eb43bc markpatrick replied to the topic Negative comments.. SO FUSTRATING! in the forum Help Needed! https://www.propertyinvesting.com/topic/4381913-negative-comments-so-fustrating/#post-4527710 Tue, 30 Aug 2005 22:48:49 +0000 It`s simple, don`t tell them!.

Theres is two sides to a coin.

I`ve seen someone full of beans, connecting with the so called “right people”, lose the lot!, do you think there high flying friends give a damn?, you need to ask yourself which ones do.

]]> 85e706a778d2fdb927446174175c6f20 markpatrick replied to the topic HELP ME GET A TENANT PLEASE!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4381466-help-me-get-a-tenant-please/#post-4524538 Tue, 02 Aug 2005 21:39:01 +0000 If you want a solution best bet is to give exact details as to work done, how much rent you expect and post a link to the property. You say you dropped the rent $15, but from what unrealistic amount could be the key.
Many these days buy properties from a highly leverage position following very bad advise from so called experts and then expect that…[Read more]

]]> 8fa5bd09f09c6d1a2ae81f698846cd09 markpatrick replied to the topic Cheap in Adelaide in the forum No Subject https://www.propertyinvesting.com/topic/4381287-cheap-in-adelaide/#post-4523549 Mon, 01 Aug 2005 21:32:44 +0000 Elbows you will not get a nice little house in a nice little area just fall in your lap that is CF+ but you can get one, I know it can be acheived, I`m looking at one at the moment.
You need to be a terrier and a real sucker for punishment to make them work though, some can be very hard to get loans for and can require some hard work but little…[Read more]

]]> 399e9d1f2807c8826de8d8873f39d972 markpatrick replied to the topic Inspiration Needed Please! in the forum Help Needed! https://www.propertyinvesting.com/topic/4381387-inspiration-needed-please/#post-4524075 Sun, 31 Jul 2005 20:32:31 +0000 My advise would be different to many, I would say do not “jump in”, right now is not a time where you need to do this, you do not want to go backwards, you have overcome the single hardest part of getting to where we all want to be but few are.
I would say to resist the urge to become to highly leveraged in order to get rich quick, retain a high…[Read more]

]]> 55c18ccb8e6dbc1709876202b6d0188f markpatrick replied to the topic DOLF F.Y.I in the forum Heads Up! https://www.propertyinvesting.com/topic/4381352-dolf-f-y-i/#post-4523930 Fri, 29 Jul 2005 21:48:20 +0000 I follow Dolfs methods more than any other guru, I always have even before I read the books so they are good motivators for me, but they should have a MAJOR warning on the top of every page, follow this advise at your own risk.
I believe Dolf sells books to make money and is driven by the almighty dollar, some good tips and ideas but only for the…[Read more]

]]> a9ff108f3b12e4af20f0578dff21e38a markpatrick replied to the topic Book Review List in the forum Heads Up! https://www.propertyinvesting.com/topic/4370563-book-review-list/page/2/#post-4449073 Fri, 29 Jul 2005 07:33:39 +0000 Good thread
My picks out of the many I have read include Think and Grow rich, Rich dad Poor Dad and Real estate riches by Dolf DeRoos, these three I have scribbled notes right through and marked many pages with stickers for easy reference.
I recently started reading Peter Spanns $10 million property portfolio in just ten years, and while I haven`t…[Read more]

]]> 0153ec61f4a82b87a6d31bd816a6bfea markpatrick replied to the topic Global Property Collapse.. in the forum Opinionated! https://www.propertyinvesting.com/topic/4381268-global-property-collapse/#post-4523397 Sun, 24 Jul 2005 19:45:17 +0000 Rather than scrambling for as many properties possible, I believe, anyway, that it`s good to aim to have high equity in your properties, cash in the bank and a very big vege patch!.[buz2]

]]> 6b6ba72e1796fc63ab3062526a2a1d04 markpatrick replied to the topic Hans Jakobi in the forum Creative Investing https://www.propertyinvesting.com/topic/4381196-hans-jakobi-3/#post-4522978 Sat, 23 Jul 2005 21:02:10 +0000 I believe Hans visualises your money in his pocket, and does or says whatever necessary to make his dream a reality….like every single other so called “guru”!.[lmao]

I was on his mailing list for a while till he started selling mobile phone deals.[withstupid]

]]> ca859d6afbcdb72fdefd1f313441e5b5 markpatrick replied to the topic Global Property Collapse.. in the forum Opinionated! https://www.propertyinvesting.com/topic/4381268-global-property-collapse/#post-4523394 Sat, 23 Jul 2005 20:24:05 +0000 Right on catwoman![inlove], it is simply yet another ATTEMPT….. to spread CHAOS…. through the minds of those good people…….. who try to live…. a PEACEFUL life……. without interferring in the rights of others![laughing]

But seriously, this is just another in a long line of lame predictions of doom from those who have nothing better to…[Read more]

]]> 39949e7f909ce558f524f3018010a093 markpatrick replied to the topic my poor neglected home. in the forum General Property https://www.propertyinvesting.com/topic/4381094-my-poor-neglected-home/#post-4522343 Sat, 09 Jul 2005 23:11:13 +0000 I had a ppor which I renovated over a year and wanted to sell but didn`t have the money to finish it, and the things to get done were endless, I decided to bite the bullet and just put it on the market and fix what I had to in a hurry and see what happens.
Well the house sold very quickly at twice the price I had paid a year before, also the…[Read more]

]]> 0eb19249bcb04ecf9907f81580779869 markpatrick replied to the topic Stick with Land or Build? in the forum Value Adding https://www.propertyinvesting.com/topic/4380769-stick-with-land-or-build/#post-4520123 Wed, 15 Jun 2005 19:50:51 +0000 If you are a builder sure, or if there is %30k or more profit in each one sure, this is taking into account that the homes will probably cost 20-30
percent more than you estimate to finish properly.
I have been in the building industry for 25 yrs and have seen first hand the stress it can cause, the extra time and money it can cost.

]]> b7193e4e82c4d5bed90bc77763a5b565 markpatrick replied to the topic The benefits of property developing in the forum Value Adding https://www.propertyinvesting.com/topic/4379213-the-benefits-of-property-developing/page/6/#post-4509574 Tue, 14 Jun 2005 22:04:26 +0000 Giday Kenneth good post but you said ” the capital growth from my properties must far exceed the interest rate which I am paying on the housing mortgage. Thus, the average 5 year annual for the targetted suburb should not be less than 10%p.a.”.
This will not continue to happen that much is for certain, during boom times it is easily acheivable,…[Read more]

]]> a36fc710bd14eb85f2649e0450c0178f markpatrick replied to the topic New 11 Sec Solution in the forum Help Needed! https://www.propertyinvesting.com/topic/4380744-new-11-sec-solution/#post-4519987 Mon, 13 Jun 2005 19:21:22 +0000 Sounds like it`s taking a lot more than 11 secs.[blink]

]]> 902b2d750a3557bf150040aebce011cd markpatrick replied to the topic Show me the.....details in the forum General Property https://www.propertyinvesting.com/topic/4380683-show-me-the-details/#post-4519517 Sun, 12 Jun 2005 21:23:15 +0000 Great topic but it`s been tried before, very few responded with examples, makes you wonder doesn`t it???, anyway heres some info I will give.
I`ve always paid market price or very close to it so I never bought a “bargain” so to speak.
But I have bought 5 properties in the last three years.
My most recent activity is renovating a house I bought in…[Read more]

]]> c84b92ab52ef146a7ebcdef02f8c6817 markpatrick replied to the topic qld developments, beginner! Needs a start! in the forum Value Adding https://www.propertyinvesting.com/topic/4380528-qld-developments-beginner-needs-a-start-2/page/2/#post-4518394 Fri, 10 Jun 2005 23:26:55 +0000 Resiwealth you did well there are none left at this price, did you have trouble finding a builder to do these homes?, guaranteed though the cost will blow out before they are done, price of biulding goes up by the day and it is taking longer and longer for builders to finish homes.

]]> ea264c514bd2d200d994d86137fd1016 markpatrick replied to the topic Positive in capital city! in the forum Creative Investing https://www.propertyinvesting.com/topic/4380691-positive-in-capital-city/#post-4519615 Fri, 10 Jun 2005 21:04:07 +0000 Problem is for every one successful investor that invests jointly with others, there are ten that will never do it again.
As I see it it`s hard enough to make a profit by yourself let alone diluting profits two or more ways.
What would be the costs or risk of extra costs with your commercial proposition?, I`m thinking it would not be worth the…[Read more]

]]> 8a3b3415517ce08dc160eeab240f68f5 markpatrick replied to the topic Stinkin' Gurus in the forum Heads Up! https://www.propertyinvesting.com/topic/4380684-stinkin-gurus/#post-4519542 Thu, 09 Jun 2005 07:34:25 +0000 I always wondered when money is made who says how much is made and how is it distributed?, anyone know?.

]]> de91567002ff6a24798131deadcc42b4 markpatrick replied to the topic EZ-Rent v2.5 available now in the forum Heads Up! https://www.propertyinvesting.com/topic/4380623-ez-rent-v2-5-available-now/#post-4518992 Tue, 07 Jun 2005 19:53:22 +0000 We are all entitled to our opinions but I disagree with the sum and substance of what you say.
Million overnight is a loose term, and yes this is what is generally the concensus, I don`t agree with it, also R/E is a very fickle industry, you follow the herds you get burned!.
I look at a few different forums for ideas most of which I dismiss as…[Read more]

]]> 89388a216b98d152877421d173d914a8 markpatrick replied to the topic EZ-Rent v2.5 available now in the forum Heads Up! https://www.propertyinvesting.com/topic/4380623-ez-rent-v2-5-available-now/#post-4518990 Tue, 07 Jun 2005 08:10:05 +0000 It all comes down to price.
With regard to a conflict of interest or a hidden agenda yes they are grey areas.
Maybe I go a little overboard but I find it very hard to stand by and hear hardworking everday people being fed this financially free garbage, being told they are wasting thier days in their meaningful employment and then being sold…[Read more]

]]> b97287041b6edae204fef81f633eea11 markpatrick replied to the topic EZ-Rent v2.5 available now in the forum Heads Up! https://www.propertyinvesting.com/topic/4380623-ez-rent-v2-5-available-now/#post-4518988 Mon, 06 Jun 2005 21:33:57 +0000 I haven`t had time to thoroughly check out the program but I think it looks good and is a great deal, I have not had many emails from them at all, after all it`s free, I have more issues with this forum for flogging books software etc it could be said the forum has a hidden agenda is not to help people at all but basicly a financial money stream,…[Read more]

]]> a65182149137b4e4edf7aec34b08dd6b markpatrick replied to the topic Recent development success in the forum Value Adding https://www.propertyinvesting.com/topic/4380607-recent-development-success/#post-4518931 Mon, 06 Jun 2005 08:09:40 +0000 Seachange you are right there!.
Not sure if Reed knows Alabos but I have spoken to both particularly Alabos on an American forum for a while a yr or two back.
One is a former judge the other a former Lawyer, and it struck me they both have very similar personalities, they both are extreme in there beliefs which is not always bad most of it good in…[Read more]

]]> 4a44461e9ff6878c8fb06b7ef484f7d9 markpatrick replied to the topic Recent development success in the forum Value Adding https://www.propertyinvesting.com/topic/4380607-recent-development-success/#post-4518927 Sun, 05 Jun 2005 07:46:42 +0000 Anything is possible but I don`t think it`s very realistic, especially in the current market.
Problem is when you don`t have that regular income money just seems to disappear and it would not take much to put you in fact behind where you started, really think to make it viable it will become a full time job anyway so if you enjoy it I would say…[Read more]

]]> 027977983278f9ef3a0078121408c88f markpatrick replied to the topic Recent development success in the forum Value Adding https://www.propertyinvesting.com/topic/4380607-recent-development-success/#post-4518925 Sat, 04 Jun 2005 21:39:46 +0000 Sounds like a good one Seachange but doesn`t really count in the recent category, I am interested if development is a option in any market.
Rakesh, yes seen similar around Brisbane, even if someone is a builder can still be pointless building when you can cash in without the extra work and worry.
There is a good site http://www.investinginland.com which…[Read more]

]]> bf07651c2f7ecebc2b8e9df829903b3d markpatrick replied to the topic what would you do in this situation? in the forum Value Adding https://www.propertyinvesting.com/topic/4380015-what-would-you-do-in-this-situation/#post-4514265 Sat, 28 May 2005 21:04:52 +0000 I wouldn`t pay the house loan down but still it`s not a bad option.
The power of cash for compounding is far greater than equity, having cash the ball is in your court, they will throw money at you.
Depending what your own strengths are I would probably buy a reno fix up and sell quickly but if you are experienced with developments go that way but…[Read more]

]]> 203366f53b0916942d3061860df3b33a markpatrick replied to the topic INVESTOR CLUB- GOOD, BAD OR UGLY in the forum No Subject https://www.propertyinvesting.com/topic/4380459-investor-club-good-bad-or-ugly/#post-4517871 Fri, 27 May 2005 21:57:00 +0000 These stories coroborate my thoughts.
Alarm bells go off for me regarding any type of herd mentality with regard to R/E.
I checked out the IC a while ago and spoke to someone from there and was surprised (not really) that they had very conflicting beliefs to mine with regard to buying and selling houses.

]]> 4012d8a79bbd24f353e753691c540b49 markpatrick replied to the topic To live off equity or not to? in the forum General Property https://www.propertyinvesting.com/topic/4380297-to-live-off-equity-or-not-to/page/6/#post-4516751 Fri, 27 May 2005 10:48:04 +0000 I agree that the number 1 point is that we can`t ever take for granted that values of properties will rise at a certain rate and the time frames in which they will, even given the historical cycles, this is plain and simple gambling imo, it would not take much to throw this out of whack, and the one thing which makes me cautious is that there is…[Read more]

]]> 52f88a40998f37b545dbb6a77278e410 markpatrick replied to the topic Mentioning Property Investing in the forum General Property https://www.propertyinvesting.com/topic/4380354-mentioning-property-investing/#post-4517185 Mon, 23 May 2005 08:21:20 +0000 Aussiexj, I think you miss the point, these people simply do not put importance on money matters or investing that you do, when you mentioned amway this was a great example, I mean who would want a freind who only wanted to talk business and money all the time?, or even at all.

]]> 5840f2b2a4772052a811f09bc56ed7a3 markpatrick replied to the topic Sydney Leads the Nation...Downwards in the forum No Subject https://www.propertyinvesting.com/topic/4380375-sydney-leads-the-nation-downwards/page/2/#post-4517307 Sun, 22 May 2005 07:45:47 +0000 Interesting topic, someone said that to be all doom and gloom is a bad thing then went on to say that is a sad and bad world we live in.
Balance is probably the key, striving to be totally positive all the time is not only unwise but is also impossible, as these posts have shown.

]]> ae67eba6cb21898fc806dbc2a05240ed markpatrick replied to the topic The benefits of property developing in the forum Value Adding https://www.propertyinvesting.com/topic/4379213-the-benefits-of-property-developing/page/4/#post-4509534 Mon, 16 May 2005 07:50:24 +0000 The crux of this argument is will I be a high acheiver if I pay thousands and continue to attend seminars, maybe I will run my own seminars, write books get the money streams happening, this is the road we travel on the seminar curcuit.
Can we all be make a significant amount out of developments?, out of running seminars?, out of writing books?,…[Read more]

]]> b9fe954cf55b0c5da8827bb2b74191ec markpatrick replied to the topic The housing boom is back in the forum General Property https://www.propertyinvesting.com/topic/4380219-the-housing-boom-is-back/page/4/#post-4515965 Sun, 15 May 2005 08:24:32 +0000 Problem with forums is there are so many opinions and members with thier own agenda, they can actually cloud your judgement.
What may start as opening your mind to strategies/outcomes etc, (even to members who have experience and “millions”) could end in bad judgement, since noone but you know your own situation and strengths and many don`t keep…[Read more]

]]> 4e2e8cb62bb7680372ddc6b1b25f1080 markpatrick replied to the topic The benefits of property developing in the forum Value Adding https://www.propertyinvesting.com/topic/4379213-the-benefits-of-property-developing/page/4/#post-4509523 Fri, 13 May 2005 21:11:33 +0000 Michael I have to say this advise and strategy of drawing on equity is dubious to say the least, and is just another form of highly leveraging property which is another strategy I don`t go along with.
Do you draw this equity AFTER youve made the 10%/$200,000, this would be a more reasonable plan, but then again if they DON`T go up at all and in…[Read more]

]]> 1acf380dcacb90e740f25292ff801e51 markpatrick replied to the topic The benefits of property developing in the forum Value Adding https://www.propertyinvesting.com/topic/4379213-the-benefits-of-property-developing/page/3/#post-4509517 Fri, 13 May 2005 08:28:08 +0000 Michael Whyte you are spot on imo.
Michael Yardley you asked why I would question the price of your seminar?…..because simply imo it is a bit steep!.
I get your newsletter and while R/E is all speculation I agree with some things you say and never even hinted you did not know what your on about or that you might be a “scammer”, I simply question…[Read more]

]]> 2f04c1a9688a3e39c7dd35175b9b73dc markpatrick replied to the topic The benefits of property developing in the forum Value Adding https://www.propertyinvesting.com/topic/4379213-the-benefits-of-property-developing/page/3/#post-4509513 Thu, 12 May 2005 20:50:42 +0000 The high cost of many R/E seminars just seems to smack of opportunism and unreal expectations, created by the boom in property values.
If I were to paint someones house and tell them I COULD add $50,000-$100,000 to the value of your property so I will charge accordingly whether it does or not, this would not be acceptable.

It doesn`t seem to work…[Read more]

]]> 0106922999efa3058224376d557d4741 markpatrick replied to the topic The benefits of property developing in the forum Value Adding https://www.propertyinvesting.com/topic/4379213-the-benefits-of-property-developing/page/3/#post-4509512 Thu, 12 May 2005 20:32:17 +0000 Michael I am wondering what is the difference between the free seminar and the paid for one?.
Also you say development is very risky yet if someone pays thousands to attend seminars to gain info which is freely available they will make millions?, or mitigate thier risk in development to the point of getting over 10% return, and then draw on your…[Read more]

]]> cf5cc8b00d0aaef5f1acf3bf45f2b117 markpatrick replied to the topic Why is everyone telling me 'NO'? in the forum Help Needed! https://www.propertyinvesting.com/topic/4380106-why-is-everyone-telling-me-no/#post-4515101 Sun, 08 May 2005 21:05:48 +0000 It would depend on your job status, equity position etc.
To be highly leveraged in this type of property in the current market can be hazardous.
Remember Murphys law if anything can go wrong it probably will and all at once.
If you feel financially comfortable with this I would say go ahead but you need to factor in interest rate hikes, vacancies,…[Read more]

]]> 52a6c539476c8ccc61fc7f66d7010a90 markpatrick replied to the topic Creative Low Money Down Technique: settlement cheq in the forum Creative Investing https://www.propertyinvesting.com/topic/4380041-creative-low-money-down-technique-settlement-cheq/page/2/#post-4514462 Thu, 05 May 2005 08:44:29 +0000 Also if there is a problem with mortgage insurance or building insurance you run the risk of not getting a cent.
If it was an IP and you did not disclose it, it would be taxation evasion/fraud also.

]]> 0c5ae862519d6af394c96837da3f17bf markpatrick replied to the topic Units in US in the forum Help Needed! https://www.propertyinvesting.com/topic/4378749-units-in-us/page/2/#post-4506725 Wed, 04 May 2005 10:28:34 +0000 I am wondering why someone who lived in Buffalo would rent a place when they are so cheap?.
Up to 25% return is by far the best I ever heard, what are the body corp fees/rates/other costs etc, no wonder they say America is the land of opportunity!, I am sceptical but very interested.[baaa]

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