"The One"
In the Aug API Mr Yardney has decided to tell us that Real Estate is not a "When to" but a "How to".
So I find it interesting that he constantly bangs the drum on now being the right time.
August 21, 2009 "This is the time of the property cycle when
fortunes are going to be made."
March 03, 2009 "through decades of property and economic
cycles and those who focus on them when making decisions will reduce their
risk and increase their returns."
Now tell us this is not about timing the RE market?
December 19, 2008 "In Australia property cycles last seven to ten years"
Does it really matter if it's not a "when to" market?
10 October 2008 "But this is nothing like the early 1990's recession"
And I thought it did'nt matter. Personally I did well from the early 90's
18 July 2008 "then the next months or year could create some tremendous buying opportunities."
Does it matter which month you buy? Or is it about "know how"
19 October 2007 "it's our population growththat will drive the next property cycle."
Is this a time cycle or a "know how" cycle?
21 September 2007 "I firmly believe we are at the beginning of the next property wave and not at the end of the boom."
31 August 2007 "An opportunity like this -- to take advantage of the beginning of a property cycle only happens 2 or 3 times in your investment lifetime"
And 2 yr later it does'nt matter?
1 June 2007 "We are into June already and the first half of the year has identified a number of important factors impacting on our property markets as they move through their cycles."
9 March 2007 "heed the lessons from our markets on the east coast in late 2003 when they were at a similar stage in their cycles."
17 November 2006 "In fact the best opportunities since the beginning of this decade."
17 May 2006 "I personally think that, the current market is the greatest market"
It's like a broken record...
How bout some real data like numbers, balance & P/Ls?
-------------
API Aug 09
Mr Heaven (Paradiso)
The jack of all trades who sold his "million dollar business" "at a profit".
Nicole (author) what is a "million dollar business"?
a. One that has gross sales of 1mil
b. One that has gross profit of 1mil
c. One that has ebit of 1mil
d. On that is sold for 1mil
e. none of the above
"by age 19 A had already purchased his first property...12 mths later for an 80K profit"
Great! But don't you think your readers would want to know how he did that?
What did he buy? Where? how much deposit? Improvements?
"A has decided to pursue property options"
And how are these reflected in what you call "the numbers"?
Actually where is the LVR? No loans?
"sustain his lifestyle, he uses a LOC"
Now there you have it! What great advice for your readers.
But wait, we need a climatic happy ending:
"in 5 yrs plans to earn a passive income of 150k, 500k in 10 yrs"
Really? Now how is he planning on doing that?
Any numbers? Hints?
You really don't invest in RE do you Nicole?
In the Aug API Mr Yardney has decided to tell us that Real Estate is not a "When to" but a "How to".
So I find it interesting that he constantly bangs the drum on now being the right time.
August 21, 2009 "This is the time of the property cycle when
fortunes are going to be made."
March 03, 2009 "through decades of property and economic
cycles and those who focus on them when making decisions will reduce their
risk and increase their returns."
Now tell us this is not about timing the RE market?
December 19, 2008 "In Australia property cycles last seven to ten years"
Does it really matter if it's not a "when to" market?
10 October 2008 "But this is nothing like the early 1990's recession"
And I thought it did'nt matter. Personally I did well from the early 90's
18 July 2008 "then the next months or year could create some tremendous buying opportunities."
Does it matter which month you buy? Or is it about "know how"
19 October 2007 "it's our population growththat will drive the next property cycle."
Is this a time cycle or a "know how" cycle?
21 September 2007 "I firmly believe we are at the beginning of the next property wave and not at the end of the boom."
31 August 2007 "An opportunity like this -- to take advantage of the beginning of a property cycle only happens 2 or 3 times in your investment lifetime"
And 2 yr later it does'nt matter?
1 June 2007 "We are into June already and the first half of the year has identified a number of important factors impacting on our property markets as they move through their cycles."
9 March 2007 "heed the lessons from our markets on the east coast in late 2003 when they were at a similar stage in their cycles."
17 November 2006 "In fact the best opportunities since the beginning of this decade."
17 May 2006 "I personally think that, the current market is the greatest market"
It's like a broken record...
How bout some real data like numbers, balance & P/Ls?
-------------
API Aug 09
Mr Heaven (Paradiso)
The jack of all trades who sold his "million dollar business" "at a profit".
Nicole (author) what is a "million dollar business"?
a. One that has gross sales of 1mil
b. One that has gross profit of 1mil
c. One that has ebit of 1mil
d. On that is sold for 1mil
e. none of the above
"by age 19 A had already purchased his first property...12 mths later for an 80K profit"
Great! But don't you think your readers would want to know how he did that?
What did he buy? Where? how much deposit? Improvements?
"A has decided to pursue property options"
And how are these reflected in what you call "the numbers"?
Actually where is the LVR? No loans?
"sustain his lifestyle, he uses a LOC"
Now there you have it! What great advice for your readers.
But wait, we need a climatic happy ending:
"in 5 yrs plans to earn a passive income of 150k, 500k in 10 yrs"
Really? Now how is he planning on doing that?
Any numbers? Hints?
You really don't invest in RE do you Nicole?
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