All Topics / General Property / Seven Steps to Wealth

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Viewing 9 posts - 1 through 9 (of 9 total)
  • Profile photo of Mika_2Mika_2
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    @mika_2
    Join Date: 2004
    Post Count: 3
    March 2, 2004 - 10:43 am

    I am new to property investing. Can anyone recommend any really good books/video’s etc

    Ive just read a book titled “Seven Steps to Wealth” by John Fitzgerald. Being new to prop investing I found this book extremely well written and clear. Having said that the author is very pro -‘ve gearing and claims rent plus tax adv will cover int repaymnets. Not once does he even suggest this may not be the case. He also has a website http://www.wealthbuilders.com.au and it looks to me like he sells properties. Maybe its just me being cynical but i get the impression thats why he only mentions the positive side of -‘ve gearing. The book was written in 1999 so is a little out-dated which may make a difference (?). I actually emailed them a week ago but got no response.

    Anyway any tips on good books would be appreciated.

    Cheers :-)

    Profile photo of Hux001Hux001
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    @hux001
    Join Date: 2003
    Post Count: 108
    March 2, 2004 - 11:07 am

    look back on some of the recent posts, there was a suugested book reading list.

    Profile photo of JetDollarsJetDollars
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    @jetdollars
    Join Date: 2003
    Post Count: 2,435
    March 2, 2004 - 3:18 pm

    Mika,

    Try this, it will keep you busy for a while:

    https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=6845

    Warm Regards

    ChanDollars
    [Keep going, you’re on your way to Frolic Freedom!]

    Profile photo of redwingredwing
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    @redwing
    Join Date: 2003
    Post Count: 2,733
    March 2, 2004 - 6:12 pm

    7 Steps had some interesting information and another perspective is always good..

    as usual absorb what’s usefull and discard the rubbish [:D]

    Decide on a strategy and begin to implement it..

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of BoysieBoysie
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    @boysie
    Join Date: 2004
    Post Count: 6
    March 4, 2004 - 12:19 pm

    Hey Mika, Have you read “0 to 130 in 3.5. [:I]

    Profile photo of TCTC
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    @tc
    Join Date: 2004
    Post Count: 14
    March 4, 2004 - 12:34 pm

    Read widely!

    Profile photo of Joseph_propJoseph_prop
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    @joseph_prop
    Join Date: 2004
    Post Count: 9
    March 4, 2004 - 7:10 pm

    Is steve’s book only found in australia?
    From 0 to 130 properties in 3.5 years
    McKnight, Steve.

    Thanks,
    Joseph

    Profile photo of lozza123lozza123
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    @lozza123
    Join Date: 2003
    Post Count: 81
    March 5, 2004 - 6:13 am

    Joseph,

    Are you in the USA? If it’s not over there, then maybe you can order it from this site! It was definitely a good read, and inspired me to go onto greater things.

    Otherwise, try some John Burley books too.

    Cheers

    Lozza[:)]

    Profile photo of GeronimoGeronimo
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    @geronimo
    Join Date: 2002
    Post Count: 167
    March 5, 2004 - 7:43 am

    Hi

    I have read John Fitzgerald’s book and he makes some important points. He has become wealthy over the years as a developer and does some great things for homeless kids on the charity side.

    However I did go to one of their introductory seminars. They were initially keen to tell me about their properties for sale and take down my details but when I challenged them about the -gearing they push, their attitude changed and I never heard from them again.

    As far I can see they try cater for busy professionals who want everthing down for them.

    Not for me I think.

    Brendon

    Acute Mortgage Reductions
    ‘Better Finance for More Homes Sooner’

Viewing 9 posts - 1 through 9 (of 9 total)