I'm with you Turkey Baster. TIC has been fantastic for me.
That Boatboy guy doesn't know what he is talking about.
You're too positive in your posts TPFKAD.... Stop being so chipper, why not try some sarcasm?
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I'm with you Turkey Baster. TIC has been fantastic for me.
That Boatboy guy doesn't know what he is talking about.
IMHO, The Investors Club is an excellent way to get a property-centric financial education.
Having learnt what to do and how to do it, they can then decide if they want to use the club to help them or go out on their own.
Some simple research here and http://www.invested.com.au/ can give some understanding on how LOE can work for some. There are plenty of LOE exel spreadsheets to help, again all free and allow you to put in realistic numbers.So what is the FIDO system that the Investors Club uses does it help you understand how to retire earlier?
So what is wrong with their strategy if alot of Mum and Dad investors have no idea how to or want to look for IP's. They may need that support group hand holding assistance, kind of like here in the forums.
It seems that alot of people hear are self made through business or hard work and have a better platform than alot of investors.
Do I really have to show how paying $38k too much for essentially the same property and thinking that rental will be $50-$70/week more than reality will stuff up the numbers?So just wondering why the Investors Club is a bad idea for others
who have no financial education.
You're too positive in your posts TPFKAD.... Stop being so chipper, why not try some sarcasm?
Sarcasm is the lowest form of wit.
?"the lowest form of humour but the highest form of wit"
The Web said:This is because sarcasm is a form of humour that is known to require the highest functions of our brains. Areas of the brain that decipher sarcasm and irony also process language, recognise emotions and help understand social cues. Sarcasm is related to our ability to understand other people's mental state so it's not just a linguistic form, it's also related to social cognition.
Must be amateur pyscho-babble hour.....where's my mate Monopoly ??
Redwing - If it's the lowest form of anything then I'm happy to use it. Mores the better. I battle to spell me name right.
Have you used them before or had dealings with them.
I have spoken to two people who have used their services and now have left employed work from their respective jobs. They advised me that they would not recommend leaving your job unless you have at least $1.5M in net equity and LVR at about 60% or lower before you start the LOE that they talk about.
I'm with you Turkey Baster. TIC has been fantastic for me.
wow - all this coming from the guy who says NEVER NEVER EVER SELL... NEVER... EVER. NEVER
I had a chance to talk to a few different property clubs like this over the last few years...
For many years, Kevin Young has been threatening me with legal action. He has also threatened others who have criticised him and his methods.
Young has now commenced legal action against me for damages and defamation. I am looking forward to defending his claim. I will keep my readers informed as the case proceeds.
I see that the WA branch of The Investors Club recently achieved $1 Billion in property sales in its ten years of operation