Originally posted by Stevegoodey
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I must admit to having been to the auckland show which I very much enjoyed and attend a few webinar's as well.
Have Sean's DVD series and book and heard you guys speak at the last and final Richmastery weekend.
Great to learn from you guys but cant see myself paying 30k per year, at the moment.
But in saying that, I can see one major benefit, and the reason why I went to the auckland seminar.
I was trying to zero in on the number of flips that you guys seem to have being financed at any one time.
The issue here is not the time to reno something, as that can be 1 day waterblasting and weedbashing if you wanted, or you could get early access.
The time is really chewed up by settlement after going unconditional, selling time and settling time, before you can go on to the next.
Now you can cut that down by using GST and finance companies and rolling loans over, and settling close to buying your next.
But that is a dangerous game if you have a delayed settlement or end up buying too many properties.
Where I think the real benefit of the group would be, to have the confidence to do a lot of trades ongoing, is that if for any other reason you are not able to settle something, you have a whole crowd who can take a deal off your hands, and if you get too many good deals you can pass them on to a mate for 5k or so.
But at 90 people in the group, well maybe thats just a tad too much to get personalised benefit in my view.
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