Forum Replies Created
hi Swifteagle
I would go for capital growth over cash flow in the first instance and use the capital growth to buy a positive cash flow item ie comm to off set the short fall in the negatives repayments its called double investing it a chicken and an egg which to get first.
if you can negative gear and then latter use that equity to leverage off to the next level.
I must admit there are alot of other ways and if you read around a couple of post you will see that will fuel you a little quicker then thislook at positive development projects, no money down in an area with 20%+ growth.
but thats my .002here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi andrewkimber2
look for pmdirect he invests down there in a relative big way.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi all
not sure if camder can carry the can for the meeting on sunday night it was a good night had by all there as far as I can see, it was mentioned that it was a informal meeting and we had not book a room as we were told that the rooms were booked but having said that you do need to look around as a couple of other investors did and find out if there is a group of people sat around chatting about investing Which a couple of people did.
yes I am at alittle bit of an advantage in that I know a couple of the people that come to these meeting but pmdirect was the first person there and I was the second and I had never met him before but after stood around like a sour thumb he asked me if I was with the group then we sat chatting and others turned up.
the point is unless you go and look and ask question you will never find anything.
and again camder if you should carry the can we all should as this was informal so informally go and look.
my high horse .002
thanks for all that did find us and thanks for a good chat.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi all
I must admit I deleted the email but it is relatively easy for this type of network, penertration and almost imposible to stop.
the best you can do and the admin section should be able to do it and thats whats called a reverse route system, won’t go into it much but they can track back and this type of email needs to be sent to correct dept at consumer affairs and they can put it thru to the relevent body to trace back
it is illegal within Australia to unsolicit in this manner and let them deal with it.
most of this type of rubbish is via a ghost or slave network that just looks for networks or emails to send this rubbish to.
a reverse route system sends a email back to the sender if it bounces back the email is false and doesn’t accept the email simple really.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi Carl.Alexander
nice start
couple of things I’m not in DLPP camp I would leverage off this property into your next.
just keep a couple of things to keep in mind there is nothing wrong with debt as long as the income to cover the debt is there and that equity is growing across your porfolio.
so if you have a negative property find some thing, comm, shares, invest as an equity partner in a business or similar as a posi when you have a balance portfolio then it will grow.
look out side the normal 3br in the middle of perth and at your age take a couple of risk usually higher risk = higher return.
check into one of the investor/ discussion groups in perth ( don’t pay anything if the guy on the door wants money or sign up ask to sit in to see if you like it and soak up as much information as possible)( and make sure you take a diary or note pad and write down as much as possible it makes great reference material)
make sure your structure is correct for this property.
if you have bought this property and are looking at buying other properties in a company structure,
then you have another company that operates your structure ( and you need to have a chat to an accountant, you will need one not now put later so line him up now usually the first consultaion is free, again take the diary or note pad first it is good for reference latter,
but second it makes you look alot more professional)this company owns the 911 as a company car and as you will be leasing it via a (novative lease) you can have the 911 and factor in its cost.
I personally wouldn’t get a 911until the portfollio was into the 3 mil range.
I would get involved with a couple of the younger group in any forum not sure at 44 if I will make the cut and do some small developments as duplex,10 unit developments etc and hold equity in the deals.
developing can be like nitro to a portfolio and just as nitro can send you down the street faster then the 911 if not handled correctly can blow up the car the same with a portfolio if managed well that 3 mil leveraged off your current property can well be achieved within 2 yearshere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi tools
do you do commercal tilt panal construction.
it can be explained to a builder relativeley easy they only reason we are looking at bring to sydney so you can understand the speed that we require these building to be built in.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]HI robsail
I’ll pm you and then you can reply not sure where this site is Derek seems to know it.once I have alook at the area can give you abetter response.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi redwing
you could buy the diskset on ebay for $10 at one stage and was tempt to purchase at one stage.
and i go to lots of these types of seminars for education on there systems I to would be interested for someone who paid out there money and whats there results.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi robsail
pm wherehere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi Wantok
If you use the loc to purchase and then get a lender to revalue,
even if its the same back the lending criteria is not the same and the people looking at the lend are different.
so is a good idea to use the line of credit to lend on a property get a lend on the property once you own it
put the money back into the first line of credit so it neutral and then organise another line of credit on the second property this gives you access to more money if needed.
It also makes the two lends stand a loan and doesn’t cross collate
I setup seperate companies and trusts and you can read up on them put yes most of these types of deals are done from line of credits and seperate line of credit once you have done one the next is just a mirror.
I am one for using different banks or lenders as it gives you flexability and I don’t put any more then two of my lends with any one lender.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi cfdavis
maybe a little different as I would high risk high return part of the 2mil on a couple of seed capital investment groups and they give 20% return plus upwards of 30% of profit from the venture say something like a crispy cream of this word.
even setup as a finance angel and lend out on high risk projects.
example leverageing 5k on high risk gives 20k cash flow and you lend out the 20k at a high interest rate you are securing the 5k against networth complicated yes but profitable,extremly risk very high as most of these venture fail within 6 months and you are left holding the leveraged debt which is alot higher then normal debt.
not for the novice this one but you did say imagine at 200k so this is imagin at 2mil.
but also imagin bankrupcy, upwards of 10 year debt with no fall net of liquidation.
With high profit comes high risk if all goes well and we are looking at utopia here with combind interest and profit is well over 200% on going profit.
little example is domino’s pizza seed capitalists set it going and now is a listed company with the seed capitalsis holding a majority of the shares and doing very nicely indeed( I haisen to say I was not one of them)
and macquarie bank which was a very high performing bank last year
is a major player is the seed capitalist market and they charge 15% interest per annum and take a nice litle small amount of 50% of profit for the first 5 years on operation and will list if it works.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi sP00dLe
get your hands on a calculator hp10 BII ( roman numerals last two letters)
with that you are using the same calculator as a lender and is very handy you can cal interest with no problem but returns and a whole lot of other things that will take a couple of pages of text.
the book it comes with is about an inch thick and I use mine daily.
has a long battery life also mines about 2 years old now.
you should find them cheap around the $40 mark as they are a specialist calc ring a hp reseller.
I could say don’t worry about interest worry about profit but I have seen to many negative statements this year already so I won’there to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi Dr.X
your question is relatively difficult to answer as is not the purchasing and on selling thats the problem
its that they used an inhouse finance company that told the investors one thing and the banks another and the two where not in the same direction.
I must admit I went to a couple of there seminars and went with others to explain there system to a couple of investors
I didn’t buy any of there products as I didn’t see the value but alot did.
most of these systems were never going to use a neil jenman of this world so that gives a idea why they never liked him.
For me the problem is not the henry kaye’s of this world its the lenders that make it happen.
when you have a bull market ( which is what it was when henry was at his height) some people get malled because thats what bulls do
you just have to make sure you have checked everything and don’t get eaten.
Its the same in a falling or bear market people look to get out of real estate and into shares.
have a look at the papers with mezzanine fund trust springing up everywhere and the regulators can’t keep up with registration.
they will be the next henry kaye of 2006.
they call it businesshere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi crashy
the thread was deleted as grossrealisation violated numerous ASIC laws.Basicly he was looking for investors to give him $5m so he could set up an illegal fund investing in forex.
This guy is a joke.
http://www.posigear.8k.com
Positive Geared Share InvestingNice strong words but I would check your information as
A. I haven’t broken any asic rules and have never asked any one of 5mil to trade in anything maybe you should chat with asic.
B. I don’t trade on the forex nor do I trade shares, I have connections with many lenders and investors but that because I happen to be relatively successful and with posts like this you may be having a couple of chats with suits and may not be successful at all.but I transgress
C. As for a joke the only joke is a person that doesn’t know what they are talking about.
maybe you know more about what I’m doing then I do or your wrong and I can tell you its the latter.
I am not sure where you get your information from but I would go back and have a good chat with the person who gave it to you.
as for
you failed to tell me you thought my idea was the best, and that you planned to steal it and attempt to start an illegal fund with it:not sure if this was directed to me or someone else that posted but if it was to me.
a. I failed to tell you nothing as you have never told me anything I have never nor would I be interested in your coarses.
b. that I planned to steal it and start an illegal fund with it
I don’t set up funds there are specialist people that do that and from looking at your web site there is nothing that is similar to what I do that I would ever be interested in stealing anything.
maybe this is from the same person that gave you the other information.
and usually I don’t give advice but in this case I will check your information and then get a legal eagle to check your information again and then post
I take this post for what it is and thats rubbish but if you wish post or pm where your information came from and I can as my legal eagle to check your information.
reading this post your name is exactly were you are going to !!!! without the yhere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi Dazzling
I read with interest your post and have done a similar thing and use equity from what is now a ppor without debt to fuel investments.
make sure that the system used is very transperant and can be explained but yes it works well in some cases mine being one of them and yours being another.interested who else has used a similar system.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]HI Hux001
easiest way is to caveat.
first the buyer organises his/her finance(for the feminests its easy for me to do just him)you post dating the caveat to be 4days after settlement as you can’t(well you can put the bank will ask you to lift it) put a caveat until the new owner owns the property.
The caveat cost about $70.00 in nsw and is relatively cheap for what it is and can’t be lifted by any court apart from the supreme court and is even difficult for a liquidator to lift.
once the person pays you the agreed amount ( what ever you have agreed)then you lift the caveat.
if any question email me most of my developments run on caveats in some form.
2nd and 3rd mortgage and loan contract don’t give you the same security as a liquidator can lift any of the three but if a caveat is in place prior to liquidation the caveat must be cleared first.
as it is a classed as secured creditor and the liquidator must lift it prior to any sale.
a liquidator works for the largest creditor (usually a bank or the ato)and thats who pays him put unless he releases you he can’t access any funds and its cheaper to do a deal with you
hence I like caveats and carry currently five caveat forms in my office for my deals.
as for promissory note
A you would need to understand what they are
B your solicitor wouldn’t know what they are and if he does wouldn’t recommend them and
C the purchase wouldn’t sign unless he knew all of the above AND HIS SOLICITOR wouldn’t agree any way.
you could use vendor finance on the contract and charge an interest rate for the term 6% but you would need to put a second mortage and pay 2,000 roughly
it your call this is my .002here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi Property Passion
For a start this is not to be seen as investment and is as you say imagine
I would split the 200k into two parts I would invest 100k on the short term money markets with caveat lending ( I know a little about that at 3% per month with three months up front) 9kTake the 9k and leverage it with 10 other people on a commercial in vanuatu at 700k running at 10% I would take the other 100k and run it on a high income high risk cash currency margin scheme
The us dollar against the chiness dollar
My favorite is the japanese yen but we all have got our own risksThe yen has done back dated a 41% return for the last 5 years but I digress
after 12 month
the caveat lending gives you 81k
vanuatu gives you 16k in vanuatu nice for holiday
and the yen gives you 41k
and hopfully you still have your 200k
not bad a 138k profit plus a place in the sun and you can do this while sucking margartita’s in the sun.oh i forgot to mention check everthing with the ato before setting sail on this venture but YOU did say imagine.
ps sorry I didn’t include any real estate in any of the above apart from the property in vanuatu. will try to add that next time.
hope this helps
wondering if we can beat this type of return not bad 130%+ return for 12 months.I like it my self.
here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi pmdirect
have a wander down to petersham rsl at 4.00 on this sunday and have a chat its the sydney group get together we have tried it at parramatta but not many people came but there should be afew there on sunday and say hello.
ask anyone and they will point me out and ask awayhere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi Dr.X
from what you are discribing it is a debenture note here
and is used in different business to rise funds for a particular project
the note carries with it a interest attached for tax purposes and is an agreement to buy back at a future time for a fixed price to be negotiated at the start and the interest rate is agreed by all concerned
don’t think it would work for real estate as they are high risk securities and are for short term money with relatively high rates of interest they are usually not cover but any prospectus or asic as they are class as one on one dealings and are gain by issuing your intention to purchase these to companines that put these deals together usually merchant banking, seed capitalist and venture capitalists, and a like they are very common in the capital raising market.
and yes they are traded depending what the deal was raised for they are usually very speculative.here to help
If you want to get involved in some of the projects I’m involved in email to [email protected]hi kiwiduvet
well done I had to scroll thru for bulliten boards to find it.
while I’m on investing in the us and you invest there what do you think of boston evryone is looking at buffelo and rochester but I’m interested in boston, kentucky, cleveland bit diverse but just looking at the moment as there are issue with regard to non residence purchasers.
very early days and I may throw the whole idea in the bin as I have a couple of deals here and I’m finding it hard to work out cash/equity aginst return taking out all management cost.
you may have an indication with regard to us typical returnshere to help
If you want to get involved in some of the projects I’m involved in email to [email protected]
