Ive just completed session 9 & the biggest Aha moment I had was the strategy of accumulating adjoining properties by seeking 'an option' to purchase the neighbouring property or securing the first right of refusal. pg 9-13. With the view to sell the two blocks to a developer for a significant profit, or develop yourself!
Hi mariec1431,
I agree that was the biggest piece of information I took from session 9 as well.
It is becoming a very interesting possibility .
Christopher B2B30
Just finished Sessions 8 & 9 and realized that I have over the last 15 years been putting in the foundation for the Wheel of Wealth methodology ie developing skills & knowledge across the wealth creating areas of business, stock market & real estate and have developed knowledgeable groups and individuals around me. An affirmation of what I have achieved rather than thinking I have been wasting time - life happens but the learning was also happening. At my age I require to use more aggressive strategies of manufactured growth to build capital and income.
Further confirmation and awareness, was the focus of increasing the $ value & the volume of my sources of yearly income. I have been amending my business focus to achieve just this over the last 6 months in a quiet economic period in WA.
Agree with Christopher & Mariec about using 'no money down' strategies to control property and that the current property market in WA is ripe for these strategies as the market is low at present to maximize the benefits of the strategy with a market turnaround.