Henry used to teach ppl how to attract tenants by offering Plasma Screens to their IPs..

Then pple were asking. Where do I got the money to buy one to offer to my tenant. He used to say “You can take it out of the property”.

“But then what if my property hasnt gone up in value.”…[Read more]

Please teach me oh master. Holy cow. Thats profiting 2 mill plus in one deal.

My hat off to you.

Can you please elaborate on HKs property past.

You can email me on vluu27@yahoo.com.au if you think its not appropriate to post on the forum.

I’m very interested

vluu

Thomas whatever you do..SAVE your money. Dont be stupid and SPEND 15K on a property course when you can get the same info from books.

I also attended his course about 2 years ago. Got sucked into all of their hype.

One thing about NII is that they contradict their teachings. For example during Henrys course he…[Read more]

I bought in the Botanica Parks Estate. 4 bedroom. 5 Year old House. Double Electrical Garage. From comparable sales most 4 bedrooms in Botanica Park go for 400k+.

Secondly I am only buying IPs to invest.

Do you know how long it took me to lease it out?
After putting it on the market on realestate.com…2 days later we had a 12 month…[Read more]

My loan is with the CBA. The postcode is an inner melbourne suburb 14ks from the city. Prices have skyrocketed in Bundoora. Good properties start at half a million now. A half decent one will cost u about 300ks +

So I dont think its because of the suburb or postcode. When I bought it I got it valuated higher than actually…[Read more]

I have been content with getting auction results. But that only covers 70-80% of the market.

Yes i have tried Residex but they seems to be only estimates and not real values..

Anyone have access to Prism or something? []

[][][]

vluu

I missed it as well….

I’ll learned heaps from all your post

Teacherk6 ..wow thats exactly what i’m talking about.

Shame they still decline you.

Regards

vluu

MMM not as simple as it sounds. But i’m really interested what strategies are out there or some people are implementing.

I also heard once all you have is a +ve geared property portfolio, this also helps.

Regards

vluu

vluu

What kind of qualifications do I need to have?

Are you in Property Manangement yourself?

I’m thinking of starting out in a Real Estate Agency in Property Management there.

Any comments would be much appreciated

Vluu

Im in IT as well…Analyst Programmer….hate it with a passion

Wanna Change Career…
Wondering any property Managers out there..
Whats involved getting into the Real Estate Properety Management area.
Can someone tell me the Pros and Cons

Regards
vluu

Yeah u are 100% correct. Got done by the vendor. Damn..Man what a learning experience that was.

Thanks for ur comments.

Damn. The vendor just rang me last night telling me he wants to settle now on Sept 1st.

After stuffing me around for a whole 2 months now he wants to settle and move out before settlement. Which gives me only 2 weeks to FIND a tenant.

Just wondering is there anyhting i should watch out for..Like he might spray paint the wall or…[Read more]

I just need your ideas.

I just saw the vendor. We both disagreed on all points. Nice person but he said worse comes to worse is that he’ll move out.

Ok. However he proposed to move the settlement to 12 months from now. That would mean that I dont have a debt for 12 months. And what if the price of the property would have risen,…[Read more]

I bought Steves book yesteday..started reading it..funny he is a x-RMIT like me.

vluu

I dont think so…he must either be the messiah of wealth creation or have the ultimate secret.

But u know what. I have found that there are no secrets of the rich..

Anyway i cant comment on Brad Sugar but with 10k whats the diff. between Brad Sugars and Henry Kaye? (NII)

Regards

“Whether u think u can or whether u think u cant either way u are right”

Not sure why but it has been on my mind for years.

Hope this helps []

The more i think about it the more i’m inclined to just kick them out.

Damn

Around there for a 4 bedroom brand new double garage house..the cost will be about $260-$300/week.

I proposed $270. Yes I have contacted my solicitor. Awaiting his call back.

Thanks for all your input.

Regards

Vluu

The contract states

“Settlement date is the date upon which vacant possesion of the property and the Chattels shall be given, namely, upon acceoptance of title and payment of the whole of the purchase monies.”

So there is vacant possesion clause.

This should mean that the property must be vacant on settlement.

MMM What would be the right…[Read more]

I hate to be a bastard and just say “Take it or leave”.

Thanks Mike&Kaye

Great Idea.

God what would i do without u people [].

Thanks.

I missed it. Know anywhere we xcan get lke transcript

Vluu

Vluu

Thanks for sharing. I agree that some people actually do care for you. But if they do they show it in their actions and you can tell rather then give a a mouth full of “U r going to be this, u r going to be that, we care for u” Yeah yeah yeah….6 weeks later they quit. []

God that gets on my nerves

Regarding Amway, I used to go their functions and listen to some of their speakers.

Great speakers, great business if its done right but I just found that the majority of people in it are just blatently dishonest and hypocritical.

Eg: They tell you its a great business and the “PEOPLE in it are just sooo great”. One speaker even used…[Read more]

Oh dear. Whatever u do DO NOT give them any money. Look at my posts a few weeks ago what happened to me with PCG. Nasty fellas.
Do a search on “PCG’. You should see a post on “Be careful of PCG”.

2ndly, if u cancel BEFORE attending the COURSE you should get all ur money back. Maybe they keep a small deposit BUT u have rights under the…[Read more]

I agree with you 100%. However the issue is not whether people are making uneducated decision on joining his seminars but

1. HK and the NII promises a MONEY BACK Guarantee that all money will be refunded if the customer is not satisfied with the course.

2. Sales tactics in pressuring people to join can be classified as being…[Read more]

Huh thats sounds dodgy. Check if there is not a caveat or some hidden clause anywhere when you signed the papers.

I would ask how the banks could forget to transfer the title to your name AFTER settlement. Doesnt sound right especially coming from the banks!

Vluu

Strange!

Think that might be the end of the NII or PCG fairly shortly.

Dont be surprised if the ACCC or some other Federal Body will get involved soon!

Sorry if this has been posted before. Please let me know if it has. []

http://www.travismorien.com/FAQ/main.htm

Please tell me the time so I that I dont miss it. 7pm right..TODAY?

What I have found is in order to afford a porperty you need at least around 26% availalbe of purchase price. I dont know which state you from but here in VIC stamp duty is enormous.

We always pay about 5% SD. Then you have about 10% Deposit you need to pay and because you borrow 80% of contract you need to cover an extra 10%.

You need…[Read more]

Ur not in the wrong busines. Remember my earlier posts. Well PCG have done it again. They just send me a letter of “Intention to Sue” Read my Post “Beware of PCG” for a full story.

Vluu

They charge $770 per house. Has anyone used them before?

vluu

Thanks very much for your offer. I will send you the email ASAP as I hear from their legal department. I just spoke to their legal representative and he advises that legal proceedings will be suspended until he can investigate this matter until further. He is going to fax me this in writting.

Apparently this legal person has to look at…[Read more]

The worse thing i fear is they might put a record on my CRA just to piss me off if i take action which could be a major pain to remove i heard.

Worse thing tho is if they do my cra will be tarnished for no reason…[Read more]

Man. I tell ya. Trying to get a refund from the NII is like trying to milk a whale. Not impossible but they will make it as hard on you as possible.

I should tell you they once ‘accidentally’ took out money from my credit card without my consent, and it wasnt a small amount, about $3500, for a course i cancelled. I chucked the biggest…[Read more]

When I did the course you were able to choose between a’half course’ for $7400 or the full course for $15000′ And you know what the difference was. The DVD pack. In the $7400 course, you get EVERYTHING included in the full course but without the DVD for reference.

That would have meant that you actually pay $7600 for the DVD Pack and…[Read more]

Thanks for your input. You all rock []

One thing I found most amusing is I dealt with 1 sales rep from PCG one month, a month later they call me up to tell me that my ‘Consultant’ has left the company and that a new person is looking after me. Initially I thought OK. But then 1 month has passed and I get another call and this ‘Consultant’ has left as well. So a new person is…[Read more]

I also did the course but one thing I found really contradicting is HK was telling his students “Always do your market research, get an independant valuation before you buy and DO EVERYTHING YOURSELF” which is fair enough and quite right. No issues with that.

But then he starts promoting PCG. Come to an interview with the PCG sales…[Read more]

quote:
It’s all about rental yeild. If you buy a higher yield property your capacity will increase.

This will be addressed in my “unlimited finance” article – which I’m about half way through.

Cheers

Stu

Hi Stuart,

When can we expect to read about your article. Cant wait. []

Thanks

Vinh

Thanks for your replies. You guys are awesome.

I think this is a vey confusing topic. Something really funny happened to me which I thought you need to hear.

After the bank refused to give me 90% due to not enough savings history I rang up eCHOICE and spoke to some guy. He said that “all lenders will require you to have a savings history for…[Read more]

Talk about dissapointing Bank Managers, I saw this guy at a major bank (I wont mention the name, u all know them), whose title was ‘Special Lending Manager’. I thought ‘This guy must have a property portfolio of over 1 million plus’. After talking to him about my properties I asked “Do u own any investment properties? He replied: Oh no…[Read more]