the 11 second rule

Viewing 8 posts - 1 through 8 (of 8 total)

bevanjames
Participant
@bevanjames
Join Date: 2004
Post Count: 3
November 9, 2004 - 10:37 am
Hey everyone
I’ve forgotten the 11 second rule. Can anybody give it to me?
See ya
Bevan
Immortality
Member
@immortality
Join Date: 2004
Post Count: 17
November 9, 2004 - 11:38 am
Hi there,
Its an impossible rule but here it is:
your proposed rental income weekly
divided by 2
multiplied by 1000
Your house should cost close to this final amount.
Tell me what you think about this by the way! I cant find one property that matches this.
geo
Member
@geo
Join Date: 2003
Post Count: 1,194
November 17, 2004 - 3:03 am
be careful – it’s only a guide.
if the property doesn’t meet the this ’11 second rule’ it could still be an excellent purchase. Do more research.
Regards,
Geo.
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
shaunwalker
Member
@shaunwalker
Join Date: 2003
Post Count: 403
November 17, 2004 - 6:47 am
i’ve found heaps of them!
only recently i found about six properties fitting the rule in about 10 minutes of hitting the town.
if you cant find them, then look else where.
dont rely on the internet, most of these deals arent advertised.
cheers
shaun
Lead, Follow or get out of the bloody way
Broome Henderson
Participant
@broome-henderson
Join Date: 2004
Post Count: 28
November 17, 2004 - 7:11 am
What part of the country do you live is Shaun?
Broome,
Do you want to be paid when people pay their telephone bills.
http://www.homebizleaders.com/4537
shaunwalker
Member
@shaunwalker
Join Date: 2003
Post Count: 403
November 18, 2004 - 11:49 pm
i live in canberra, but thats not the point. these properties were in SA. i couldnt find anything decent here at the time, so i phsyically looked further afield.
deals are around everyday, its just a matter of knowing what to look for.
cheers
shaun
Lead, Follow or get out of the bloody way
Broome Henderson
Participant
@broome-henderson
Join Date: 2004
Post Count: 28
November 19, 2004 - 1:09 am
Im hearing you shaun, that’s exactly what we are up to next week. Looking for opportunities that exist. Only looking at this stage due to the environment and money considerations. But the time will come in the foreseeable future, to buy.
Cheers,
Broome
Do you want to be paid when people pay their telephone bills.
http://www.homebizleaders.com/4537
PropertyGuru
Participant
@propertyguru
Join Date: 2003
Post Count: 1,502
November 19, 2004 - 1:09 pm
It’s not hard to find 11 seconds rule property on the net. Just need to look a bit hard ( may be not that hard for me)
Cheers
PropertyGuRu [sultan]
Mortgage Consultant
[email protected]
NZ loan pre approval from Australia in 48 hours