Forum Replies Created
Hey Karen,
Maybe you could try contacting the Property Owners Association in Qld. The link is under http://www.poaa.asn.au They will at least be able to point you the right way. I would call them myself but it’s a little late now. Hope this helps
Enjoy
ADA great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithThat would depend on how well you can negotiate Nathan…..
Enjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithNathan I have sent a question on the Mastermind Forum so we will find out. My guess is though it is an American Foreclosure or some such thing.
Enjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithHere goes,
Final Money Goal (Greater than this year)
1. To be free.
2. To acquire assets that yeild me a passive income of $200,000 per annum.This Years Goals
*Property
1. To acquire wraps that will nett me $20,000 pa.
2. To complete Renovation projects that will gross me $100,000 on resale.
3. To but 10-12 Positive cashflow properties.
4. To reduce my overall debt vs value. (Increase my wealth)
5. To completely pay off my “bad” debt on my Own house.*People
1. To spend more time with my beautiful wife and two beautiful daughters.
2. To invest my time in 3 other people this year to help them toward their financial goal (Don’t know who yet).
3. To give time to this forum to aid others on their journey.
4. To start a property investing group in Brisbane that will encourage people to make “positive” decisions.*Philanthropy
1. To increase my giving of time to charitable organisations.
2. To increase my financial giving to charitable organisations by at least 50%.*Philosphy
1. To spend focussed time once a week to increase my knowledge about life, money, and all that jazz by listening to experts in their fields (DVD, tapes, etc. This excludes my continuous reading).
2. To spend time every day increasing my knowledge and relationship with God.*Pastimes
1. To lose 20 kilos and get a lot fitter.
2. To play golf every fortnight to challenge myself with a little white ball. (drop my handicap to around 10).Well there we have it. The five P’s
I am looking toward a big year and I am keen to get started.
Hope you guys are in for the ride.Enjoy
AD [:0)]
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithNathan…..where did you see HUD? Can you give us a context ?
EnjoyAD [:0)]
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithAs the dictionary defines it …. a profit obtained from an investment, a return.
Enjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithAs said Nathan, structures are the key. I asked the same sort of questions and Steve explained a basic structure to me (which is in his Wrap Pack I think). Also I have a good broker who is keen to help me achieve my goal by playing hardball with lenders, etc. This makes my life easier as I have someone I can ask not Why can’t I do it….but how can we do it? and she provides possibilities ….
Enjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithAny time you want to have a chat Nathan let me know.
Enjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithIt may seem a lot Nathan but that is not thast much believe me. The real challenge is finding a good solicitor. You can always check them out at the vendor finance association.
http://www.financewraps.asn.auEnjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithVlad,
Two questions…..
1. What are you aiming to achieve ?
2. Do these investments get you closer to your goal or further away ??
Enjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithHey Nathan…..Great to see you powering along. Find those answers and never feel bad a bout asking the question.
One thought for you is as Tara said. Decide what you want to achieve (big picture) and then decide how you are going to achieve that goal (little pictures). I will say though that insteade of choosing one particular approch only I see Property as a problem and the more tools I have available to me to approach the problem the better. I suggest familiarise yourself with one approach and try it but never limit yourself from another approach because you haven’t been there.
I will use all my tools as long as they take me closer to my goal of $150,000 passive income per year. What is your goal ???
Enjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithHey Lance what where you doing on 2UE radio ????
Enjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithHave either of you tried the program Steve now uses ?? WAMM – http://www.darlop.com
I have looked at this product but wasn’t sure.
Thanks
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithHey Gavan,
Congratulations on wanting to join the game. I personally try and do my numbers based on 10% deposit or even 100% down.Makes it harder but worth the challenge.As to accountants I personally have found Dale Gatherum-Goss very good and helpful with property matters. If you need more info let me know.
EnjoyAD [:0)]
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithSorry to hear of your misfortune Angie. Just remember two things…
1. It is only a mistake if you repeat it…(you didn’t)
2. You control the game not the agent. IF it doesn’t fit….walk.
I know the next one will be better..
Enjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithHey Entreprenuer,
Drop me an Email. I might be able to help.
Enjoy
ADA great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithGlad to help.
Any other questions let me know. I am in Brisbane.
Enjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithHave a look in the resources section of the website. Some good value stuff in there (I don’t get commission by the way).
Worth getting a few things here and then for further reading hunt through the forum for a post by Steve that listed some books worth reading.
http://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=316
Enjoy
AD [:0)]
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithEdited by – [email protected] on 01/01/2003 4:00:22 PM
Hey Entreprenuer,
Which part of the World are you in ??
AS to wrapping try hunting through the website also look at these adressess.
http://www.propertyinvesting.com/positivecashflow
Also try using the search facility to hunt around the old podtings as there area a lot of good posts on exactly this topic.If you still need more info let me know
Enjoy
ADA great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney SmithI have no clue about the area at all Coolstil but all I can say is ifthis kind of investment fits your mould then that is excellent. I personally only buy property that is positive geared or that I can do a quick Reno on then sell. I find the cost of long term holds like the one you talk about are just not my approach…..not saying it isn’t good for you. I also fear that too many of these sorts of proprties will leae me cashflow poor and unable to reach my target of freedom in five years. (Five years to choose if I want leave work.Think I already know the answer).
On a different note it will be interesting to see how well the beachfront properties do over the next year….I will own one for myself in the not too distant future but that is more of a lifestyle thing. Then again I can no longer look at any Real Estate without an appraising eye…what a horrible disease I have caught.
Hope this helps.
Enjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney Smith
