Hi
Has anyone had any dealings with or know of any with Rory O’rouke of WA
I’ve just been to one of his seminars and it was entertaining and informative but there seemed to be some holes in his system and you seem to need alarge income.
tried an archive search and very little came up.
Thanks
CobraRory has a few Books Out..
*Thinking*
Taxed to Death and
How i sold 22 houses in one day.. [biggrin]
Think thats right, Believe Rory works onb the -Gearing principle and was similiar to Jan Sommers first book, he’s been around Scarborough for ages..
How was the seminar ??
What did you learn..?
REDWING“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorHI Cobra,
Ask him how he fared in the late eighties early nineties.
Derek
[email protected]Read my comments? Think I can help you? PM or email me.
Hi Guys
Thanks for the replies and yes he went belly up but is back and “worth millions” to quote him.
Seminar was very entertaining and i think he could do well on the stage, but as i said i saw some holes in the calcs – ie no mention of how to pay the 20% deposit or the fact you need a lot of income to keep -ve gearing properties or that you need alot of equity and income to keep borrowing 110% of property price.
Yes read his books – worth aread!
learned about prepaying interest and the historical fact that property always increases over time( as if no-one knows that).
rgds
CobraLived in Perth and went to a number of his seminars, all pushing negative. My wife and I have recently been back in Perth recently visiting our kids, and caught up agian, and it seems to be the same story. We decidied to tread carefully
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