My inbox overfloweth
ByThere really are some great deals appearing now. I spoke to a friend yesterday who was saying that he is struggling to do lease options because buy and holds are now cashflow positive in Auckland 
.
At my mentoring group this week I was reminded again that so many people are afraid to take action and subsequently get a zero result.
So what to do? I find that by doing the step by step approach often helps people overcome their fear and almost trick themselves into doing stuff.
It’s a bit like the people who attended Up Strategies being made to ring an agent “just for practise”. I know of four completed purchases so far from the day and most people wouldn’t even think to contact me so who knows what the real number is.
So with this thought in mind I am preparing the next newsletter which take you through step by step in filling out and presenting the current 8th edition S&P agreement.
Once you know exactly how to fill it out without risk to you then you can go and “practice” buying some property.
So if you’re not a newsletter subscriber yet click here, it’s free and excellent value!!
Look for it in your inbox tonite
Stay Safe ~ Dean Letfus
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8 Comments
October 31st, 2008 at 12:24 pm
what areas of Auckland are you talking about when you refer to cash flow positves being available?
October 31st, 2008 at 12:27 pm
Anywhere from Cape Reinga to Bluff at the moment. There are deals everywhere.
October 31st, 2008 at 1:18 pm
Just want to say THANK YOU for the amazing amount of giving and sharing you do through your blog. I love your positivity and read your blog most days. I am currently out there working hard in very tough times and really appreciate your daily dose of positivity.
Thought it was time I said so.
Many, many thanks!!!
October 31st, 2008 at 1:28 pm
I was in Wellington yesterday checking out a dual income apartment development due to be completed in Feb 2009 that will be cash flow positive from Day 1 and $30K below value; and I have had an offer accepted on a stand alone 2 level home that is 10 years old in Papakura which is cash flow neutral and $80K below value… I didn’t expect the vendor to even consider my offer but they just signed the deal. Settlement in Feb next year and early access for reno as the property is vacant!!! Feels like 2005/2006 all over again. As Dean says, get out and put some offers in.
October 31st, 2008 at 2:00 pm
Good advice, Living in Wanaka its a little challenging to know where to concentrate on! I’d like to stick to majoy cities, hence the previous question which particular part of Auckland is already showing up cash flow positive
November 12th, 2008 at 10:15 pm
Thanks for all the good info and positivity Dean. Are you still going to walk us through a S&P agreement?
November 12th, 2008 at 10:20 pm
Just did it in my last newsletter, click on investors library then newsletter archive, it’s the first one
November 13th, 2008 at 11:14 pm
Great thanks.