Hi Everyone
I'm interested in knowing from Phil Jones, or anyone else, as to what is Phil's story in real estate is. I would like to position this by saying that this is nothing against RM or Phil I'm just interested as i realise I know little about what he really owns. I know his philosophy on ythe investment but not how it has played out for him.
I recently attended the Steve McNight pres. and have been most impressed by reading his resume and his pres., which
a) had NONE of the clappy-happy hype of most presentations.
b) Was VERY transparent. He said what he owned how much money in property he has, what he has owned, when he sold, his ups and downs, current income from property. This certainly made it easy to evaluate.
* These two points I would see as huge in the credibility stakes.
If Phil is mainly focussed on his business that is cool but I'm intrigued to know his story, given his postion as a guru in the NZ market.
I'm interested in this as well because at the one seminar i went to of his he stated VERY categorically that you should NEVER sell. This has been his message for a while. That is cool but this changed at the Steve McKnight pres. Now it is sell but make sure it is in the right vechile. However a month before he said in response to my question at a forum of 60 people.
Paul: "So when do you sell"
Phil: "You don't"
Paul: "But when do you sell"
Phil: "Which part of don't sell do you not get"
* He has also said in print words to this effect.
As Steve showed by selling on yeild you can divide then multiple. This may not be the intention when you buy which is to hold forever but who could have predicted the rise in prices and less rise in rents. Situations change.
Again, I have no issue with RM or Phil who I think have done a fantastic job in NZ at passing the message. I'm just interested in knowing his story. Property over the last little while has ALOT to do with when you started and WHAT strategy you could use in 1999-2000 is different now so Phil's story would help me understand the manifestation of the philosophy in a NZ market.
For those published in his book thanks for telling your story.
Paul
I'm interested in knowing from Phil Jones, or anyone else, as to what is Phil's story in real estate is. I would like to position this by saying that this is nothing against RM or Phil I'm just interested as i realise I know little about what he really owns. I know his philosophy on ythe investment but not how it has played out for him.
I recently attended the Steve McNight pres. and have been most impressed by reading his resume and his pres., which
a) had NONE of the clappy-happy hype of most presentations.
b) Was VERY transparent. He said what he owned how much money in property he has, what he has owned, when he sold, his ups and downs, current income from property. This certainly made it easy to evaluate.
* These two points I would see as huge in the credibility stakes.
If Phil is mainly focussed on his business that is cool but I'm intrigued to know his story, given his postion as a guru in the NZ market.
I'm interested in this as well because at the one seminar i went to of his he stated VERY categorically that you should NEVER sell. This has been his message for a while. That is cool but this changed at the Steve McKnight pres. Now it is sell but make sure it is in the right vechile. However a month before he said in response to my question at a forum of 60 people.
Paul: "So when do you sell"
Phil: "You don't"
Paul: "But when do you sell"
Phil: "Which part of don't sell do you not get"
* He has also said in print words to this effect.
As Steve showed by selling on yeild you can divide then multiple. This may not be the intention when you buy which is to hold forever but who could have predicted the rise in prices and less rise in rents. Situations change.
Again, I have no issue with RM or Phil who I think have done a fantastic job in NZ at passing the message. I'm just interested in knowing his story. Property over the last little while has ALOT to do with when you started and WHAT strategy you could use in 1999-2000 is different now so Phil's story would help me understand the manifestation of the philosophy in a NZ market.
For those published in his book thanks for telling your story.
Paul
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