Fantastic stuff!! Love your work.

Good stuff! Love reading all the comments, thanks for sharing. This is something a lot of us can learn from.

Good stuff! It’s really motivating to hear this. Love reading all the comments,thanks for sharing.

Thanks for this great inspiring post!

Awesome thread! Awesome Goals!
I Hope and I’m sure you will achieve you goals these 2014!
Good luck everyone!

Hi Peter,

I just spent 6 months back in Australia helping my friend fully transition. If you email or PM, I could put you in touch with my mate and you can call him direct.

So I just went cold turkey on work about 2008/2009.

My friend was having a bit more of a challenge. B read so much Steve M, and Investing stuff. He really wanted to have a 'safe' passive income bigger than what his current salary was.

I spotted or partnered with him. Financially and Psychologically. It like being at the Gym. I saw him trying to lift some heavy stuff and even though he is a big boy, I went to back him up. And I did, with my full focus and in the end some deposit money as well. It worked well and he had the extra confidence and cash to close more Vendor Finance deals. Cash Flow is now coming and he is on his way. His income is not fully replaced yet, but he has left the workforce. He spent years studying. However it wasn't untill he pulled his finger out and got serious that progress really started. I think it also helped when I arrived at his regional town, fresh off the plane from China saying come on! Having a network of winners certainly helps.

Another friend M, went on a big buying hunt for big cashflow in his last months of work. He had bought a couple of properties. However if he went hard, early retirement was/is on the cards. M bought a big reno project on Gold Coast, and did well with it. He had a couple of months paid leave/redundance pay and in that time did a quick (but big reno). Before finishing reno he was offered and took another work contract but its in WA.

M and I don't do any coaching work together. He is more on his own just reading books and blogs. he is struggling a bit with Stress and managing everything solo. Despite having much more cash and cash flow then my other friend. He could retire now, however he comes from a 'safe' environment.

The guys above me here all through your post, know the Finance game and give great advice. Don't forget the psychological side of the house as well. Thats what really makes the differnce. The desire to succeed and make that transition successfully. And why do you want to make that transition. Perhaps make a dream map, or some goals about what is going to be on the other side of the Transition.

I firmly believe that:

Retiring early is easier then ever,  

If we don't have the resources or knowledge to do it, perhaps we can find someone that does.

Mikal, when I bought my first properties, and again during the GFC, I found some legal ways to get extra deductions are really get ahead.

As Colin (and perhaps others) said, call the FHOG Hotline, call the Stampduty Offices or Tax office. Totally recommend calling those authorities and getting info directly from them. You may find legal loopholes. Often what the majority of people say on the street is based on other people on the street, not those in the know.

Ask in this forum, and call the authorities to make sure your right.   Consider using procedures to record the conversations or take good notes as well to back you up later.

Best of luck

Great stuff V.      What your doing there is fantastic!

Hi guys, Thanks Benny for brining that great post back. I love seeing old post occasionally especially when you see the same people years later helping others.

Tip for all.   To keep my favourite posts like this and all important text/posts/bookings/ideas,

Try Evernote. Strongly suggest everyone who hasn't already got on it to try it. Most Professional or IT Savvy Entreprenuers are already on it.

Evernote, free version. works on PC/Mac/Mobiles/Iphones.

Buyers Agents.

Offering Bird-dog or finders fee's.  (Facebook groups, meetup.com groups, Investor groups)

I've personally  posted a few deals I found in my area that I thought were 'too good to be true'. I looked into them and they worked out but I couldn't pursue as finances were in other deals. I've got a real easy Reno and resell under VF possibility at my finger tips now but their already stretched.