All Forum Posts by: Nick G

The cloud is best - go gmail. If you need more business-level tools with your email there will be other vendors in the cloud which you can pay for - it will be worth it.

Has anyone done this course? I bought the book (Secrets of The Millionaire Mind) a couple of years ago by chance in an airport transit lounge and loved it, however like the Kiyosaki Books it pitches a lot to join ongoing seminars, which I am skeptical on.

As a brutal self examination of where your head is at money-wise it's the best I've every read. Now sure what the courses are like however and as I live in Tokyo may be hard to experience one :-)

I gave this to my wife as she was starting on her music business. She loved it, bought it in Japanese to make sure she had all the fine points down and applied it religiously in every decision she made. The result is 10 locations, autonomous staff and a new-born son (1 week old!) which she can look after while ticking things over from home. EXCELLENT book.

1. Define what you want out of a deal before you start looking.
2. Locate near employers
3. Add 30% to any estimate on maintenance, management fees, reno or vacancies for your first deal.

Think of it as there are two phases:
a) build wealth
b) enjoy wealth

The idea with phase 1 is to build your asset base quickly using a method you understand, are good at, and can leverage effectively, and then when you are ready for phase 2 you make a decision whether you want the income to be more hands-off and adjust your asset allocation accordingly.

What Vikram is saying is that during the first phase, if renovating is your strength then focus on that is you'll get to phase 2 quicker and with less risk of a major set-back.