Challenges with Retirement Home and Aged Care residence is that they have an operator to run the place. Therefore, the net rental is significantly reduced. That’s my personal view

Cheers
John

Dreaming about financial freedom is all about taking some action TODAY. I am building my own successfully PART TIME business whilst still working in a…[Read more]

Make a sunset clause, if the vendor takes too long to consider, then move onto next one. When I bought my 1st IP, I bought it sight unseen but after only putting hundreds of offers with sunset clauses.

That’s just one of the strategy, read plenty of books and ask plenty of questions.

Good luck

Cheers
John

Dreaming about financial freedom is…[Read more]

just wondering when is the next meeting cos I am keen to join in and learn about ideas and contribute possibly?

Cheers
John

Dreaming about financial freedom is all about taking some action TODAY. I am building my own successfully PART TIME business whilst still working in a Bank. If you want to know more, PM or email ME.

I think the most important thing is to make a win-win situation, find out what builder wants and if you can refer more business to him/her in the future, that may enhance your chance of price negotiations and create a lifelong relationship for your future property investment portfolio.

Cheers
John

Dreaming about financial freedom is all about…[Read more]

Amanda

If you don’t mind me being in VIC, I would like to be on your penpal list, and bounce ideas off each other. Please keep me on your email list.

Cheers
John

Dreaming about financial freedom is all about taking some action TODAY. I am building my own successfully PART TIME business whilst still working in a Bank. If you want to know…[Read more]

I have heard that if in your contract, the name of your purchase is yourself and/or nominee, I think it is possible. Regardless, talk with the vendor and the Bank and find out what other alternative is available.

Cheers
John

Dreaming about financial freedom is all about taking some action TODAY. I am building my own successfully PART TIME…[Read more]

As said by g7, http://www.vips.com.au does what are looking for..

Cheers
John

Dreaming about financial freedom is all about taking some action TODAY. I am building my own successfully PART TIME business whilst still working in a Bank. If you want to know more, PM or email ME.

Chat to different Banks and negotiate an upfront application fees and have them written it on a piece of paper. It protects your interest in future.

Cheers
John

Dreaming about financial freedom is all about taking some action TODAY. I am building my own successfully PART TIME business whilst still working in a Bank. If you want to know more,…[Read more]

Misty

Ditto to Derek’s comments regarding negative attitudes. Determine what would you like to do NOW, have a plan and then take baby steps to achieve your goals in the plan.

If you enjoy working in your field, do plenty of research regarding job opportunities and then talk to work colleagues?

If you want to start your own business, there are…[Read more]

I have 1 IPs in lower end of QLD market (Beenleigh) and there is always demand for rental properties. However, you do have to put up with issues but nothing that a good property manager cannot fix. Use a bit of creativity and property will put money in your pocket.

Going back to QLD property, I agree with g7 because I called a few real estate…[Read more]

while we are in the front of monopoly, is anybody interested in Cashflow 101 in VIC?

Cheers
John

Dreaming about financial freedom is all about taking some action TODAY. I am building my own successfully PART TIME business whilst still working in a Bank. If you want to know more, PM or email ME.

Rikky

Monopoly is also my favorite game, hence my decision to engage in property investment as vehicle to achieve financial freedom.

Cheers
John

Dreaming about financial freedom is all about taking some action TODAY. I am building my own successfully PART TIME business whilst still working in a Bank. If you want to know more, PM or email ME.

Shelley

The most important thing is not to let your emotions over-run your investment property. It is important to have a HEART but property investment is a business (that’s more important). Give yourself time to go through the numbers and see whether this deal is losing money or making money.

Work out why you are investing in properties, then…[Read more]

I suppose part of the support group is also to hold each person accountable to the goals that they commited to. Challenges is going come one way or the other. When a support group is there to reinforce your commitment, it will makes the journey more fulfilling and possibly you can provide positive reinforcement to other people as…[Read more]

yes, the realtor website contains a lot of info but what I find is that they tend to inflate the rent. The best way is to stay late and call the realtors themselves regarding the specific area/state that you want to focus on. OTherwise, your phone bill may blow out.

Cheers
John

Dreaming about financial freedom is all about taking some action…[Read more]

As we are in this thread of mentors, I would love to start a session where like-minded persons (who want to achieve financial freedom) to get together to discuss strategies and hold each other accountable to their financial freedom goals.

Dreaming about financial freedom is all about taking some action TODAY. I am building my own successfully…[Read more]

Robin

there is plenty of info on this website but I believe “Investment Detector” is a good product that will give out a simple to understand summmary for all prospective properties that you are interested in.

Cheers
John

Dreaming about financial freedom is all about taking some action TODAY. I am building my own successfully PART TIME…[Read more]

Ditto to the positive attitudes. The most important thing is to learn as much as possible. The most positive attitudes books are Steve’s two introductory books but if you want more info, then Rich Dad Series offer many options but books by Peter Spann also make good reads.

Happy Investing

Cheers
John

Wanting financial freedom is not enough.…[Read more]

I was wondering whether there are interest parties out there in Melbourne that we can organize a similar thing (like get together to discuss plans, actions, strategies, success and failure stories (only if you want) but something to keep all participants informed.

Any takers for this weekend somewhere in North Melbourne, I know North Melbourne…[Read more]

Thanks for all your opinions but what I want to say is that the mentoring program does different things for different person. If I can get into the program (still hopeful), I want a mentor who will tell me my action plan is achievable in my situation and hold my absolutely accountable to it (regardless of my lame excuses that I may put up…[Read more]