I have never attended any of your workshops but form what I can see on your different websites is that you advocate that cash flow is more important than capital. This does not make sense to me because all the properties I am investing in are highly geared (negative cash flow) but I have made a lot of Capital Gains.
The question then is how do you get cash flow from a property and why do you say income is more important than Capital?
Johannes Few
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Since the beginning of this year you do not have to attend my workshop – you can get all the information on DVD’s:-)
There are more than one way to make money out of property. Property is only the vehicle. You can run property as a business (Developments or running an estate agency). You can buy and sell (speculate) or you can use property for a long term investment strategy.
Although I focus on teaching my students mainly how to evaluate the risk and the growth potential on a property on a long term investment strategy (In the Property Pro DVD’s) I also teach them how to evaluate the risk and growth potential when they speculate or develop (The Advance DVD Property Investment Course)
Over the last 25 years I have seen that most people runs into problems when they start confusing speculating or developments with thinking they are actually investing. The moment you start to bargain on the capital growth to give you the “growth” on your investment you are setting yourself up for serious disappointment on the long run.
What I am saying is simply this - if you speculate see it for what it is – hi risk. If you can take the risk you can make a lot of money. But if you loose it don’t cry – and I suspect there will be a lot of crying simply because people are blinded by greed and they do not know how to do the sums (or sometimes they do not want to do the sums).
Personally I do not like risk and I will never teach any of my students to take any risk when it comes to any investments. If you know what you are doing and you have the systems (like the Property Pro Program) to guide you - you can become extremely rich (over a period of time) if you apply the Formula For Riches™
What I am teaching my students in the Property Pro Course is how to determine the risk and the growth potential in any property (residential, commercial, speculation, syndication or development - any where in the world.) Once they know the risk I teach them different techniques to lower the risk and at the same time increase the growth on their investment.
If you cannot get the risk low enough and the growth high enough to meet your criteria it is better not to invest in property. It is always better to wait for the right opportunity than it is just to invest because you feel you MUST invest.
If you bargain on the Capital Growth to give you your return on your investment you are playing with fire. I have been in the property market in 1984, 1987 and 1997/8 to know what will happen if the interest rates goes up or the general economy turns from a hi growth to a low or even negative growth.
So to answer your question - If you do the Property Investment DVD course you will understand why I say income is more important than capital. You will be glad you invested in yourself.
Kaizen greetings
PS If you would like to know the dangers of negative gearing you should ask me the question or perhaps read what I said about negative gearing in my free e-book The amazing Formula for Wealth Creation™ - how I turned a 79 cents investment into more than R1 million in less than 40 weeks. It is available on my website www.hannesdreyer.co.za
Very nicely done indeed.I think listening to your members is key and ACTING on the info they share/provide is also important. Taking their feedback, knowledge etc and doing something with that information..whether that means promoting it so other members can benefit or making changes to how the community is run, features it includes, etc. Certainly you should communicate how you are acting on the info your members provide.Don't forget that another way to build online community is to leave your own community from time to time and visit others.
thanks
Cash Flow Properties In USA
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