Hi Engelo,

Thanks for your reply. Cash flow is king – catchy phrases and royalist words..

That’s really interesting to read. I don’t think I have once read that ‘in print’ from a US based investor. I guess that negates some of the risk of investing in property. All you need is for the US economy to ‘hold in there’ :)

Percentages are only…[Read more]

Awesome cash flow Engelo!

It got me thinking though.

Assuming initial purchase cost $12000 + $10000 Reno = $22000

Revalue $40000 upon completion.

Lets say the Toledo property goes up 10% per year for the next 3 years, compounded. You make around $15k in unrealised capital gain on top of the $18k after the reno.

Is this worth all the time…[Read more]

This came in handy for a recent purchase. Pulled it from the archives of PI.com – thanks to a regular contributor of the forum.

https://www.dropbox.com/s/ufe8g4za7gbgsyw/Property%20Spreadsheet.xlsx

Cheers

Hi Steve,

After using the new site for a few months I have to say that ‘visually’ you have nailed it.

I’m still getting my head around the coding used for forum posts, but once accessed, the ability to quote, post youtube clips/images etc, is very effective. My guess is for someone new to the site, or with limited IT skills, contributing in this…[Read more]

“Sell me this pen”..

Ummm, well, its a nice pen. Ahhh, Ahhh, you can use the pen to write down thoughts from your life..

“Sell me this pen”

Well, this pen works.. And I personally love this pen…

I have to say your argument is losing traction. Those high level investors that are sitting on the sidelines, and supposedly have been since your…[Read more]

haha I can just imagine the dinner time conversations.

Are we not due a dose of ‘reality’ Cat? I know your on the tools but with so many international doomsday markers popping up I’m sure your tempted to throw out a few stats. Seems that even with plunging iron ore prices, IMF downgrading, manufacturing losses, we seem to be absorbing any impact..

Gotta be a fair bit of competition for drinkers out Thailand way? Sometimes its easier to take advice from someone who is not right all of the time! No offence to your parenting skills Cat :) I’m betting they’re a chip off the old block and just as stubborn and opinionated.

And as super said before. Your failures make you stronger. As long as…[Read more]

Nathan is up to his old tricks again. Don’t think he got your memo, Catinthehat!

His mug features more than the building. No logos. The usual thong get-up.

The appeal lies in the laid-back approach. Yes it strays away from traditional business models (of which I know minimal about), but then again…[Read more]

http://www.propertyobserver.com.au/finding/location/qld/32432-regional-queensland-back-on-the-growth-and-poised-for-sustained-growth.html?utm_source=Property+Observer+List&utm_campaign=e46c1f4362-17_June_2014&utm_medium=email&utm_term=0_a523fbfccb-e46c1f4362-245377157

The Sunny Coast is starting to appear more frequently in the mainstream media.…[Read more]

Agree, education, exposure and time. We tackle our third reno project in 3 weeks now.. The more I learn though, the more I realise there is a lot more at play than one first realises. Not rocket science but still not child’s play.

I have to say the bartering is my favourite part of the process. Psychology and money. Technically you do charge a…[Read more]

Haha no offence taken! Thanks for the objective debate. Interesting comments about what makes a successful investor. What path are you taking then super?

You’d think Nathan should have a few dollars behind him to pay people to sort the ‘business’ side out? And he must know a little about leveraging by now…

Although as you’ve stated previously…[Read more]

In one of Nathan’s latest vids he fails to spell the word ‘Property’ correctly. Wouldn’t say it is an improvement to his brand. Wearing a logo and filming with a backdrop just targets a different clientele. Some like the raw, on the go, take on his deals – especially regular, everyday Australians who have no idea about property investment. His…[Read more]

True, everyone learns differently. I guess you’ve got to find a happy medium to target everyone’s needs. Personally, I would have liked to know how much stuff cost etc.

Hi Super,

So Engelo standing in front of the camera was shielding the progress? Pretty sure he was pointing it out.. Videos have to be entertaining and yes, target the emotions, but that doesn’t have to necessarily get in the way of the finer detail. IMO, they go hand in hand. This is business, and Engelo is trying to promote himself just as much…[Read more]

Hi Super,

So Engelo standing in front of the camera was shielding the progress? Pretty sure he was pointing it out.. Videos have to be entertaining and yes, target the emotions, but that doesn’t have to necessarily get in the way of the finer detail. IMO, they go hand in hand. This is business, and Engelo is trying to promote himself just as much…[Read more]

Interesting vid Engelo. I tend to agree with some of the feedback but certainly not all.

For $500 Australian get yourself a gopro and shoot in 1080P or 4K (will be slow but well worth it as video processing technology catches up). They would have to be a hell of a lot cheaper in the US??

I completely disagree. Do you honestly think people…[Read more]

Interesting vid Engelo. I tend to agree with some of the feedback but certainly not all.

For $500 Australian get yourself a gopro and shoot in 1080P or 4K (will be slow but well worth it as video processing technology catches up). They would have to be a hell of a lot cheaper in the US??

I completely disagree. Do you honestly think people…[Read more]