Steve / other successful wrappers!
How does it feel?
I am at the point of decision.
I either start wraps within the next few weeks,
or go out an do a different strategy.I need to know how it feels when the wraps are all bedded down. Do purchasers ring 3 times a week with problems?
Is it an effort to manage the contracts?
What if I wanted to live overseas for 6 months?
I hope you get where I am coming from. I am not trying to be negative. The more I study the idea, the more useful I think the wrap pavk is, and I now have high expectations of success, but I do not want to be successful at something that feels like a 25 year sentence.
IB
Hi,
You ask:
quote:
How does it feel to have wrapped 40 propertiesOK, I guess. It was hard work to set them up but now they are in the cashflow stage, it is quite simple. You just need to be on the ball when some people fall behind.
quote:
I need to know how it feels when the wraps are all bedded down. Do purchasers ring 3 times a week with problems?Nope. I’d be lucky to get a call a month.
quote:
Is it an effort to manage the contracts?It depends on what admin system you set up. Brent seems able to cope easily enough. It takes him about an hour per week (total) to check payments and update records. There are some economies of scale!
quote:
What if I wanted to live overseas for 6 months?You could track the admin via the Internet. if there was a problem you could get someone to try to fix it for you.
Hope this helps.
Regards,
Steve McKnight
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Remember that success comes from doing things differently.
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Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
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