Archive for the 'Other Resources' Category

A Night To Remember…

Dinner With Hans is a unique property investing eventI’m so excited about writing this post today, because it’s all about something I don’t do very often… I’m holding a live event.

It’s called “Dinner With Hans” and it will take place in Sydney this May. I’m inviting along around 200 property investors and experts and we’re all going to enjoy a luxurious cruise around Sydney harbour.

I’m also going to put myself in the hot-seat and take questions from the audience LIVE on the night.The MV Blue Room - Sydney's most luxurious cruise ship

PLUS leading finance expert John Chapman from Investor Finance will be sharing his extensive property financing knowledge.

I’ll also be giving away free prizes on the night, as well as a stack of other gifts. I can promise you it will truly be a night to remember.

If you’d like to find out more about the event or book a ticket to come along, simply visit the Dinner With Hans website by clicking here.

It will be an incredible property investing event that’s completely unmissable. See you there!

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What is capital gains tax and how is it applied?

In Australia, as in many other countries, capital gains tax applies when you sell an investment property for a profit. The good news is that this is a tax that can be “managed” or minimised because it is levied at your marginal rate of tax in the year that the property is sold. In other words, if you sold your property during a year when you had no income, you could dramatically reduce your capital gains tax.

This is something that self employed people and business owners may be able to do.

Obviously the timing of the sale of the property will be an important consideration here too.

There are a number of ways of reducing the capital gains tax applicable and therefore I have 2 important suggestions for you:

  • Firstly, keep good records about the property from the time you first buy it and,
  • Secondly, consult your accountant about the best strategy to follow to minimise the capital gains tax applicable BEFORE you put the property on the market.

I have a simple capital gains tax calculator which you may like to check out as a guide. Remember though, to get an accurate calaculation of your potential liabaility, consult your accountant.

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Your fabulous real estate investing questions

Tonight I held a FREE teleseminar to answer people’s real estate investing questions.

Some of the many questions I answered included:

  • What do you consider to be an ideal investment property in the current economic climate?
  • Do you prefer fixed or variable rate loans when financing and why?
  • What’s the first key thing you need to do to get the ball rolling with property investing?
  • If you can only afford to purchase one property, is it better to purchase an investment property or a home to live in?
  • When do you know its time to sell?
  • Will climate change affect property sales?
  • Should you ever buy property without physically inspecting the property?
  • Given the current drought situation, the rise in interest rates and the ageing population, what would you say is the best type of property to invest in right now?

From time to time I will pick some of the questions on this list and answer them on this BLOG. Of course if you were one of the lucky ones to have been on the call tonight, you’ll have these answers and more.

I’ll be holding more teleseminars in the future, so keep a look out here and I’ll let you know when the next one is.

Al Gore’s, An Inconvenient Truth and Real Estate Investors

Have you seen Al Gore’s movie, An Inconvenient Truth? (or read his book?)

If not, you should do so and think about it carefully (in my opinion).

The whole issue of climate change, permaculture and sustainable living has been of interest to me for many years now. When we lived in Sydney we were crazy enough to grow corn and tomatoes on our front lawn. We applied to the council to install grey water recycling and rainwater tanks only to be given a definite no.

Nowadays it is manadatory to instal rainwater tanks with each new development.

I guess we were just years ahead of our time. :-)

Anyway, what has climate change got to do with real estate investors?

EVERYTHING!

One aspect of climate change is that sea levels are expected to rise as the polar ice caps and glaciers continue to melt at a rapid rate.

At the moment waterfront property is considered to be more desirable and valuable than land which is futher back.

Do you think this will still be the case when sea levels rise?

Some communities are running out of drinking water and there is no water to keep the gardens looking good.

How do you think this will affect property values and the desirability of these areas for tenants?

There are predictions in Australia that we do not have sufficient electricity generation capacity for the future and that we cannot build new plants quickly enough because we can’t agree on the type of power to produce.

How do you think this will affect real estate in certain areas?

Would properties which use less electricity or even produce their own, be more valuable than thise which do not?

They are many more questions to ask yourself as a property investor when it comes to the impact of climate change.

Many people argue that climate change is a natural occurence and that we don’t need to do anything about it. I strongly disagree and think these people are in denial.

Because I live on a farm I carefully observe the effect of the weather on a daily basis and can assure you that we are in for some tough time unless we make some changes NOW.

Watch Al Gore’s movie, An Inconvenient Truth as soon as you can (it’s now out on DVD too) and learn more about climate change. Look at your lifestyle and think about how you can live and work more sustainably. Think carefully about what we might need to do differently as property investors in order to prosper during these changing times.

Breakthrough to Success with Christopher Howard

Wow what a fabulous and content packed weekend! My daughter Stephanie and I just came back from Christopher Howard’s, Breakthrough to Success weekend put on by the wonderful people at Universal Events.

The seminar is based around Neuro-linguistic Programming and we used some actual strategies which we applied to our lives immediately.

About 6 weeks after doing the Breakthrough to Success weekend she also went on to attend the week long Billionaire Boot camp.

She said she gained some wonderful insights and direction for her business life from this programme.

Christopher Howard’s style of presentation is not as hyped as that of Anthony Robbins and it appears he has built upon some of that earlier NLP information.

Chris is without doubt a wonderful presenter and a life changing teacher. Even though I didn’t speak with him personally, I felt like I was connecting with him and his own personal journey as I took part in the Breakthrough to Success weekend.

The weekend is valued at $A895 and Universal Events kindly gave me the opportunity to offer free tickets to my valued customers. Many people took up the invitation to attend the seminars for free in Sydney, Melbourne and Brisbane. Following each seminar, we received emails of gratitude from our students who attended the weekend and reported great results.

When Stephanie and I attended the Sydney seminar, not a single break went by without people coming up and thanking us for sending them an invitation to attend Christopher Howard’s Breakthrough to Success weekend.

If you’d like more information about Christopher Howard’s seminars, click here. And if you ever receive an email from me, offering you a free invitation to attend one of his seminars, I suggest you ‘move heaven and earth’ to be there. I’m sure it will be worth your while.

Dale Beaumont’s New Get Published Seminar

I just came back from Dale Beaumont’s Get Published seminar and I must say for anyone wanting to write a book, this was a great experience.

I’ve known Dale for quite a few years and have spoken at some of his seminars. What he’s done in this seminar is to combine all his book publishing knowledge into one easy, step-by-step program.

He also showed how to go beyond publishing just a simple book to publishing a book series.

Dale of course has a lot of credibility in the area since he’s the publisher of the Secrets Exposed Series of books.

He wrote about me in his Secrets Of Property Millionaires Exposed book.

Dale filmed the whole seminar and is producing a wonderful educational package which will be available soon. Stay tuned.

Dream Life Seminar in Melbourne with Brett McFall and Tom Hua

I promised my daughter Stephanie that she would be learning a lot more in our business than she would at university.

When I heard that Brett McFall and Tom Hua were holding an internet marketing seminar in Melbourne, we registered straight away.

Tom and Brett have been holding the World Internet Seminars around the world for several years now and I attended their very first one in Sydney when they first kicked the series off. They’ve come a long way now and regularly have leading internet marketers as presenters at the seminars.

For Stephanie this was her first internet marketing seminar and she was on a steep learning curve.

Daryl & Andrew Grant and StephanieDaryl and Andrew Grant gave a great presentation on how newbies to the internet can get started with a simple e-book website and earn something like $500 per month.

I suggested that Stephanie invest in their programme and follow the steps to develop her own website.

On the Friday before the Dream Life 2006 internet marketing seminar we met with Steve McKnight in the offices of PropertyInvesting.com

Steve told us that he was writing his latest book called From 0 to 260+ Properties In 7 Years.

I’ve known Steve from before he wrote his first book and he is certainly a very switched on property investor and teacher.Dale Beaumont and Stephanie Jakobi

We also met up with Search Engine Optimisation specialist Shaun Stenning and Mobile Phone guru John Bertone.

Dale Beaumont gave an inspiring presentation on his book publishing success and it was a great weekend for learning and networking.

How Do You Develop A Wealthy Mindset?

Your mindset describes the way you think about certain things. When it comes to wealth creation, I usually find that wealthy people think very differently to poor people.

Therefore if you want to become wealthy, doesn’t it make sense to explore what makes wealthy people tick?

Sure it does.

That’s why I invited a group of property investors, real estate financiers and some of my students to join me at The Creative Property Investment Round Table Weekend.

For 2 whole days we brainstormed ideas to make money in real estate, studied the in’s and out’s of a range of real estate investment case studies, networked with other property investors and enjoyed a prosperous lifestyle.

It was an absolute blast. Have a look at some of the pictures below from the weekend… 

Dinner at the Astral restaurant - Star City Sydney  Our Ride Into The CityWe came up with some fantastic, creative ideas during the weekend! The view from the Astral Restaurant - Star City, Sydney