Wylie please accept my apologies.
I have over stepped the mark.
Sorry I grouped you into the majority who sit on the fence and look at the action on one side and their personal opportunities on the other and wait wait wait.

Yes I should be doing more work myself, stitches come out tomorrow.
Your friend Colin.
‘The price of success must be paid in…[Read more]

The problem with businesses being promoted is that it develops into the user pays wins.
Because who ever can afford to pay more has their name on top or it’s a favouritism situation.
Best professionalism comes from individuals, sometimes they are an employee or out on their own.
Level the playing field, make it free and value the…[Read more]

Thanks Colin, Your reply is well thought out and pretty much I think we’re on the same wavelength. We have two of these properties in the same street, both 36 perches. We plan to do the same to both, but as I said, we are in go slow mode at the moment.

Wylie your boundless opportunities never cease to amaze me.
When I checked back today you have…[Read more]

Hi Fluffy,
Go and say hello to your local council.
They really are a wealth of knowledge.
Just walk in and let the person on the front desk know what you are after and you will be directed to the right person/s.
I have found most councils that I have dealt with have been most helpful.

With councils there is no faster response than to be there in…[Read more]

Hello Wylie,
Sounds like you have a half completed project.
My thoughts on this, borrow, build, rent, then have it valued and with draw the equity from this property into a line of credit.

You will have extra cash flow from the rent (second income stream).
Plus equity that you can use for other investments.
Or to supplement your income to help…[Read more]

I wonder why people pay enough in rent for some properties to be positively geared.
Surely they would realize that they are better off financially being owners.
Can it possibly be ignorance?

Fascination by Jim Rohn
Fascination is one step beyond interest. Interested people want to know if it works. Fascinated people want to learn how it…[Read more]

Welcome Spiderman,
My business works in very close with a few builders but one often asks if we can exchange services.
For us it works well and we have both noticed that it has strengthened our working relationship.
This builder often is my first choice when I need some work done and I don’t think he uses any other cleaner to clean up after his…[Read more]

Hello everyone,
Not intending this to be a promotion for my business in any way.
But since I have worked for many estate agents cleaning and gardening, there are a few things that I have observed.

Generally the younger the adults are the less likely that they have any idea how to clean.
Cleaning is really simple but like most things there are…[Read more]

Hi Al,
I was wondering myself why you didn’t know what is in the main media.
You must forgive us silly Australians.
However many of my American friends tell me that Australia is in the same position as America in the property cycle.
Please don’t judge all of us by the few that throw mud.

The property market in SE Qld is still growing.
Perhaps it…[Read more]

Thanks foundation for the numbers.

I asked my accountant about how often it takes for wages to double.
This morning I received an email back that it’s around 12 years.
Now before someone jumps down my throat he is only covering the Campbelltown area.
And other areas will have different results.

Your friend Colin,
Email…[Read more]

Originally posted by Colin Gowan:Does anyone have actual figures for a proper comparison of incomes compared to house growth?

Thanks foundation it was actual numbers I was after graphs can be distorted thanks anyway.

“The discipline of writing something down is the first step toward making it happen.” – Lee Iacocca (learn more)
I think the one…[Read more]

Now that is an interesting concept.
Houses double every 7 to 10 years.
Household income for my staff has taken just over 10 years.

Their pay is above the average but I can’t see it doubling as fast as houses.
I do my best to help increase their incomes with opportunities but being realistic the average income growth will not match house…[Read more]

Greetings Piece- Sunshine,
No your husband is not mad.
Yes wives should always listen to their husbands [wink]

Seriously, definitely possible to retire in 10 years.

Spend the rest of the day educating your self.
Then tonight sit down with your husband and ask lots of questions.
Together work out what you want in retirement.
Formulate an action…[Read more]

Don’t be a sheep.
Go the opposite way to the flock.
A buyers market is when the majority are selling.
A sellers market is when the majority are buying.

First things first do your homework.
If you seek advice from someone consider how that person prospers with his or her opinion and investments.

Do your homework, never stop this, worst case it…[Read more]

Good morning Zyleth,
Education, Communication and planning are a good start.
Just remember Rome was not built in a day.
A thousand mile journey begins with the first step and momentum begins with the second step.
Too many of us start something and don’t finish.
Step 1 education, well you came to this group of mostly happy and helpful people,…[Read more]

Question.
If most of us are always working hard and saving then why are so many of us not far from broke.
Many of my friends are multi millionaires and they all have one thing in common, they concentrate on making money first, saving second.
The time you spend to save a few dollars could have been better spent generating an idea and harvesting its…[Read more]

Agree with that book recommendation.
I gave all my employees a copy for Christmas this year.
The results are noticeable so I know my team are switched on and open minded, fantastic.
1. Asking less often for more money.
2. Asking more often for more work (more work more money).
3. More general happiness (who says money Can’t make you happy, I…[Read more]

I assume that you are looking to add to your business plan a few more ideas.

After reading the posts so far it strikes me that 1. you are short on equipment.
Yes the printer is going to be a major cost and the supplier will be aware of this so perhaps you can sit down with them and negotiate a win win for both parties or find another, competition…[Read more]

I don’t think any advertisements for tradies etc will be helpful- sorry Colin (1 post?) I am not sure we want this site looking like the yellow pages.

My appologies “kay henry ” if my request looked like the yellow pages.
But considering that business people can use that method as well to find people or services when needed but investors don’t…[Read more]

By the inch it’s a cinch by the yard it’s hard.
Look before you leap.
Every investment or business I have been involved in has had the benefit of a business or investment plan.
Have I made mistakes oh hell yes.
That’s why I know that failing to plan = planning to fail.
Perhaps you could consider going in with a small operation first like a…[Read more]