Greed and Financial Literacy

[nunthewiser]

Re: GREED Financial Literacy and Property

Ha ha ha PREY, love it!!!

Details??? What would like to know???


But direct a more focused question to me and I would be happy to help you. Maybe we can start with something simple....

Did you know that you can buy property with NO MONEY DOWN and manage that property and even pay that property off using NONE OF YOUR OWN MONEY???

GEKKO.

sorry if i misunderstood this post

a question was asked regarding this statement and the reply was"A very good question,

And that is why I hold my workshops. For people to learn how to do it, cause yes, it can be done, my last 4 deals I have done that way.

GEKKO. "

am i missing something ?

 

[robots]

hello,

just doing your bit for society like most of us

thankyou
robots

 

[GordonGekko]

Re: GREED Financial Literacy and Property

Negative gearing means you are going backwards, except if the property appreciates. In this real estate market, I would have thought negative gearing is a risky proposition.

Yes Macquack,

I know what negatively geared means.

ok....one of my deals in Brisbane;

PP Land 250
Build 300
Softs 80

TOTAL = 630

Valuation = 880K. Difference 250K.... Simple.

GEKKO.

 

[nunthewiser]

And yes i can verify i have been offered a free seat at an evening workshop being held in the gold coast .NO charge for this ........

there is charges for the weekend workshops

but thats another story

 

[GordonGekko]

Re: GREED Financial Literacy and Property

sorry if i misunderstood this post

a question was asked regarding this statement and the reply was"A very good question,

And that is why I hold my workshops. For people to learn how to do it, cause yes, it can be done, my last 4 deals I have done that way.

GEKKO. "

am i missing something ?

No nunthewiser I dont think you are....Although I could be mistaken.

GEKKO.

 

[Macquack]

Well, NOT that I am wanting any business from here as this is against ASF policy (thank you Prawn) but I don't charge, that is the whole point.

GEKKO.

Then you must have a trailing commission built in to your deals/scams.

 

[GordonGekko]

And yes i can verify i have been offered a free seat at an evening workshop being held in the gold coast .NO charge for this ........

there is charges for the weekend workshops

but thats another story

Yes that is true, but for different topics completely. We are talking about buying property with no money down.

GEKKO.

 

[nunthewiser]

ok then ....... here is my query ........ IF the workshops are free , the workshops apparently answer what we need to know etc etc . all free . ..... how do you cover the costs of the venue ? are you doing this out the goodness of your heart ? IF this is all free etc etc and all knowledge being donated out of the goodness of your cockles ....... WHY cant you answer the same questions here ?

 

[prawn_86]

Yes that is true, but for different topics completely. We are talking about buying property with no money down.

GEKKO.

Actually we are talking about greed and financial literacy.

Start a thread about buying property with no money down if you are willing to explain how it is done without spamming.

 

[nunthewiser]

excuse me for being a cynic but the last thing i got for free from a stranger i needed a cream to clear up the rash

where is your payoff ? do we have to buy a book at the workshop to gain the full knowledge ? are we invited to invest in a "deal " ?

excuse my tone if it is bordering cheeky etc , that is not the case , just tryin to work out whether it worth my time to fly to the goldcoast if it just gunna be yet another sales pitch

 

[nunthewiser]

I take it from the silence that you are typing me a long and detailed answer to my questions mr gekko

or are you organising a gift of plane tickets to the venue for me and my business partner to prove that you certainly are a genorous individual and donating your knowledge to mankind with no profiteering involved

thanks in advance

 

[nunthewiser]

sorry just checking to see if mr gekko got back to me

 

[GordonGekko]

Then you must have a trailing commission built in to your deals/scams.

No Macquack,

Try an not be so cynical.

Geeezzz.

 

[GordonGekko]

ok then ....... here is my query ........ IF the workshops are free , the workshops apparently answer what we need to know etc etc . all free . ..... how do you cover the costs of the venue ? are you doing this out the goodness of your heart ? IF this is all free etc etc and all knowledge being donated out of the goodness of your cockles ....... WHY cant you answer the same questions here ?

Let's say that I do answer these questions, it is sooo hard to explain the types of structures that you need in text, the loans scenarios, products, how to go about the negotiation of the deal etc.....

It isn't something that I can just email, otherwise I wouldn't have to fork out for the venue.....

GEKKO.

 

[GordonGekko]

sorry just checking to see if mr gekko got back to me

Nunthewiser,

If you wish to fly to the gold coast and participate in my FREE workshop, then that is ok with me.

But what if it's not enough? People are different. I have some people come to my evenings and listen to the 3 hour workshop, go away with the knowledge (Some sit through more than one free workshop to make sure they get it) and make themselves a pretty penny. Others have to do more advanced stuff to get it cause they are not savvy enough in THEIR opinion. Others get scared when faced with an ACTION to take and they just cant do it, and then again some more people just enjoy the networking, pitch me a deal and then we end up having coffee and doing JV's.

It is so different, many spectrums are in the room.

I dont have books, although I can recommend you to read a few, I never invite people to invest with me, they can submit a business plan to me if they want to use my team (town planners, legals, real estate, accountants etc..) but I never ask ANYONE for that, it's too personal.

I do have other courses that you can do, but WE ARE NOT TALKING about them here....as if we were, Prawn would rap my knuckles yet again.

GEKKO.

 

[GordonGekko]

I take it from the silence that you are typing me a long and detailed answer to my questions mr gekko

or are you organising a gift of plane tickets to the venue for me and my business partner to prove that you certainly are a genorous individual and donating your knowledge to mankind with no profiteering involved

thanks in advance

Ok, so say if I did pay for your tickets, what do I get in return?

It must be win/win.

And don't answer that by saying that I win by you coming to my workshop.

GEKKO.

 

[nunthewiser]

Nunthewiser,

If you wish to fly to the gold coast and participate in my FREE workshop, then that is ok with me.

But what if it's not enough? People are different. I have some people come to my evenings and listen to the 3 hour workshop, go away with the knowledge (Some sit through more than one free workshop to make sure they get it) and make themselves a pretty penny. Others have to do more advanced stuff to get it cause they are not savvy enough in THEIR opinion. Others get scared when faced with an ACTION to take and they just cant do it, and then again some more people just enjoy the networking, pitch me a deal and then we end up having coffee and doing JV's.

It is so different, many spectrums are in the room.

I dont have books, although I can recommend you to read a few, I never invite people to invest with me, they can submit a business plan to me if they want to use my team (town planners, legals, real estate, accountants etc..) but I never ask ANYONE for that, it's too personal.

I do have other courses that you can do, but WE ARE NOT TALKING about them here....as if we were, Prawn would rap my knuckles yet again.

GEKKO.

ok thanks for the reply and fair enough BUT my query is how do you make a buck from this?? i know it isnt cheap to hire venues and provide the marketing to accompany it....... you cant seriously expect me to believe that you are donating YOUR cash for the good of your fellow man to teach them your knowledge with no remunaration involved , that would kinda be going against the whole idea of being in business to be profitable.

i realise you obviously do have a knowledge base thats prolly worth a listen as i can see by your posts u seem to be a fairly switched on young man BUT i also do not believe you are doing all this for free at the end of the day

 

[nunthewiser]

Ok, so say if I did pay for your tickets, what do I get in return?

It must be win/win.

And don't answer that by saying that I win by you coming to my workshop.

GEKKO.

LOL well my friend . IF i find that your scheme and workshops etc are on the level and merely not an avenue to unload some more cash off already hurting investors , i would be more than happy to use my name in the many places i post/communicate to pass on your good name if that was to be the case

 

[GordonGekko]

ok thanks for the reply and fair enough BUT my query is how do you make a buck from this?? i know it isnt cheap to hire venues and provide the marketing to accompany it....... you cant seriously expect me to believe that you are donating YOUR cash for the good of your fellow man to teach them your knowledge with no remunaration involved , that would kinda be going against the whole idea of being in business to be profitable.

i realise you obviously do have a knowledge base thats prolly worth a listen as i can see by your posts u seem to be a fairly switched on young man BUT i also do not believe you are doing all this for free at the end of the day

Ok I got your point....and this is what I battle with every day of my life. People ALWAYS collapse GREEDY with GREED. I am an ADVOCATE for GREED not GREEDY. So in saying that, there is NO obligation to do business with me, go forward after the free night and have a wonderful life, do additional courses to learn more, or keep coming just to get inspired, it doesn't matter to me, although it will matter to you, I already do this and make good money from it.

If people want to come along to learn the psychology of finance and correct structures, that if implemented correctly will lead them to getting what they want (depending on each others games and desires) then they can, and they have NO PRESSURE to do it. It's called giving without the expectation for receiving. I have always earn't good money, and I earn it through being generous and giving to people what I have learnt along the way.

Of course, if this is all I did I wouldn't last very long, but its not all I do, its just part of what I love to do. I love to see people NOT get ripped by banks, by NOT getting ripped by dodgy real estate agents... If I can stop ONE person from getting ripped, then I have done my job, but as it turns out, I stop thousands. Which to me is very rewarding. Usually, and being honest, most of my clients continue to do business with me, as I offer them information that enables them to get what it is that they are looking for.

GEKKO.

 

[GordonGekko]

LOL well my friend . IF i find that your scheme and workshops etc are on the level and merely not an avenue to unload some more cash off already hurting investors , i would be more than happy to use my name in the many places i post/communicate to pass on your good name if that was to be the case

Well then, you're just gonna have to make that investment to see, aren't you.

GEKKO.