FPI

This guy must cop lots of flack from vendors and real estate agents insulting them with hundreds of low offers until it breaks someones back and they finally accept a low down dirt bag offer, more then likely because they have most probably gotten desperate. People must be crackers to sell property that cheap. Who in there right mind would sell a property for 22k that can be valued at 180k two months later after a 35k reno done to it and renting at 240 week?

I don’t know about you but i’d feel a bit low if i was giving someone a small amount for a property. I’ve got a bit of a conscience and think i’d feel a little better offering a respectable amount, something that i can reflect on later and think i gave and paid a fair price to a vendor. This guy seems to pride himself on low down dirt bag offers. How can you get any credibility and maintain any integrity in this industry by giving lowdown dirt bag offers?

I don’t know maybe i need to get a tougher skin.

It’s not a bad little cottage, simply and basic but everything you need. This house reminds me of my Nanna and Poppa’s house that we played in when we we’re kids. And it’s old enough that it’s someone there age would have lived in it.

It’s the second property in my goals that i have been able to purchase with none of my own money! There is a mortgage that gets paid but the tenant will pay that once rented after the renovation and it will be positive cashflow.

I’ve been away for a few months. l’ve been taking action instead of wasting time online and it’s cleared my head up as well. It saved a little bit more money and had made me focus on the renovation of this Country Cottage.

I don’t want to bore you with to much dribble. As you might know this blog is designed to showcase videos and to document my goals to purchase a million dollars in real estate in 10 years. Focusing on positive cashflow. Being away and less typing and more action was good! And I’m not sure it’s a good thing being online again. It takes more and more time away from my investments.

This video i uploaded here has no sound but i just quickly did it to show a Walkthrough of the second deal. It’s nothing flash but you’ve got to start somewhere. I will do a running commentary in another video when i get time.

In money terms this house was bought with zero of my own money. In a bad economic downturn 2009 and from what a lot of people would say was an impossible income position and the odds stacked high against me. I know because i heard plenty of naysayer tell me. Oh well i did it! Where there is a will their must be a way because i own two peaces of real estate now and I’m terrible at my English and grammar still . I will be looking forward to telling my old school teacher I’m a millionaire when I’m done :).

Soon i think i will be close to replacing the income i started investing from two year ago! In a next video coming very soon i will show you another update of what work has been done. Then once the Reno is complete a final video of how it came up.

Tiling

It’s quite late i just found this video which comes at a timely time as I’m doing wall tiling around the u shaped kitchen tomorrow and could take some tips & hints from it. It’s also an example of other videos that can be embedded into this forum here. Not just YouTube. God blimmy all people say these days is Google and YouTube. But what happened to Yahoo all i was once was Yahoo. But there is lot’s of other places that have Read more…

I wear these T-Shirts around. It was only a couple year ago in 2007 i did not have a cent to my name. All my things and personal possessions we’re stolen i was laying in Hospital and i had no clothes to wear. Read more…

Did you know that the Australian Property Investor Magazine has a serious of video interviews online? Where have you been hiding?… in a cupboard for the last two years?

I post a video a day this is the blog/forum post for today.

As always feel free to comment and or ask questions. And don’t be scared to get the ball rolling on your own. Other investors browsing will be more inclined to post if you ask something or post your thoughts about the video. The blog/forum is only starting the beginning of 2009 so show your support for all the hard work by helping the community grow to be a worthwhile place to be.

And to show a thanks for all the effort going into the resources available here.