Total Members: 159,383

Jpcashflow

  • Jpcashflow replied to the topic Where to from here for property No: 3 in the forum Help Needed! 12 years, 1 month ago

    Hi I wouldn't say it's too late, but it seems like your heavily geared – no offense
    I would look at reducing some your of your debt

    First thing I would do is get in touch with Richard, organize a valuation on your properties and really see what they are wworth a house can be listed for any price but it does not mean that it's worth that…[Read more]

  • Jpcashflow replied to the topic Mid-life crisis in the forum Help Needed! 12 years, 1 month ago

    Mate that real estate , I made the choice I do it but that's  why I left real estate 

    I'm more happier doing what I'm doing know, get paid more for less work and alloy of oppurtunity

  • Jpcashflow replied to the topic Mid-life crisis in the forum Help Needed! 12 years, 1 month ago

    On real estate you will get calls at any time of the day, yes some time I would actually get calls from people who worked at night

    Thats the nature of the nature of the bussiness

  • Jpcashflow replied to the topic Mid-life crisis in the forum Help Needed! 12 years, 1 month ago

    Hi possum pal, 
    I am 28 and I was a sales consultant at a  doing real estate  at the age of 24 to 27.
    First  year was hard.
    I moved on from real estate for two reasons
    1) in order to be successful you need to operate 24/7
    2) there are plenty of other ways to make a decent living

    Mid life crisis? Nope,  your just finding your feet that's…

  • Jpcashflow replied to the topic Private Rent vs Agent Managed in the forum General Property 12 years, 1 month ago

    Property management fees are tax deductible where your time isn't.
    I would rather pay some one x amount of dollars and spend my time focusing on other things

    I worked as a real estate agent and still had a property manager looking after my properties
    Spend your time on making money rather then chasing money 

  • Jpcashflow replied to the topic Am i too old… in the forum Help Needed! 12 years, 1 month ago

    39 your still young, there are people who do no nothing in their whole life, so starting now is not a bad idea at all.
    Risk is the only thing you need to consider but also there are other types assets you can build on.

  • Jpcashflow replied to the topic A Fifth Pillar in Australian Banking? in the forum a new player, sure more 12 years, 1 month ago

    a new player, sure more completion is great but to be a true player? Only time will tell
    the big. 4 banks have a strong brand and offer more the. Just cheap interest rates 
    i think their bad Past will create a problem.

    Their timing? Pretty bad I would say, after the collapse of banksia I would say more people are going to be cautious in trying…[Read more]

  • Jpcashflow replied to the topic RBA Decision in the forum General Property 12 years, 1 month ago

    I have to agree with xdrew on all points,
    In terms of inflation going down cant see that happening
    australia has become a expensive place to do business 
    i work in shipping an it's cheaper for me to move one pallet from china to Melbourne then Melbourne to NSW

  • Jpcashflow replied to the topic Should you buy in lowlife areas? in the forum General Property 12 years, 1 month ago

    Rich area vs Poor Area!!
    The last three investment properties I bought have been in areas where "most"  people wouldn't want to live…
    But the returns in such a small amount of time have been really good.

    Try and keep a open mind when investing, You can have a bad Tennant in "high income areas too"
     

  • Jpcashflow replied to the topic Is it possible to get banned from a Real estate agency? in the forum General Property 12 years, 2 months ago

    Customer service is dying in all industries,
    Why?  Most  people just want the cheapest  of everything

    People have no class or respect  for them selves 

  • Jpcashflow replied to the topic Is it possible to get banned from a Real estate agency? in the forum Hi Joe, 12 years, 2 months ago

    Hi Joe,
    I used to work as a real estate and one thing that helped me grow my business was after service.
    Is it illegal for the agent not wanting to work with your friend? Not all, Only if it is based on race, “etc” like Terry suggested.

    What should your mate do? Is don’t worry about the agent and move on, there are plenty of other agents who want…[Read more]

  • Jpcashflow replied to the topic Raising capital!! Need some thoughts in the forum Help Needed! 12 years, 3 months ago

    Hi Terry
    sorry you are right!!!
    It's turning out to be a good investment once we fix a couple of more thing we will have  a good return on our investment

  • Jpcashflow replied to the topic Raising capital!! Need some thoughts in the forum Help Needed! 12 years, 3 months ago

    Hi terry two my properties are securing the Bussiness

  • Jpcashflow replied to the topic Raising capital!! Need some thoughts in the forum Hi frillkle  12 years, 3 months ago

    Hi frillkle 
    Our aim  with the capital is to pay down  the Bussiness debt  an re finance to ccreate more cash flow

  • Jpcashflow replied to the topic Raising capital!! Need some thoughts in the forum Hi terry a family trust under 12 years, 3 months ago

    Hi terry a family trust under a company 

  • Jpcashflow replied to the topic Who invested in Dysart? Mine is closing….. in the forum General Property 12 years, 4 months ago

    Freckle thats all speculation, "The mine will operate at a 6Mtpa production level from 2013 and 8Mtpa production level from 2015, as logistic infrastructure becomes available.What happens if some thing changes? There are so many projects being delayed….

  • Jpcashflow replied to the topic No Bank loyalty anymore !! in the forum Finance 12 years, 4 months ago

    The question is this, has there ever been real bank loyalty? For me personally, I use different banks for different reasons.But i agree with Derek and xdrew, speak with a broker and see where you stand….Also with certain banks they may just have certain credit polices they need to follow i guess.Cheers good luckand you will be in your feet agian

  • Jpcashflow replied to the topic Who invested in Dysart? Mine is closing….. in the forum General Property 12 years, 4 months ago

    Only time will tell and speculation is the mother off all "F" ups.When bad news is presented there are two different reactions one positive and the other negative. Who is right or wrong is based on  every ones personal circumstance. Mining at the moment is in Limbo, Unions are demanding more money, more taxes and there are allot of mines who are…[Read more]

  • Jpcashflow replied to the topic Serviceability changes effective July 1 in the forum Finance 12 years, 5 months ago

    Are we living in North Korea? Such a government controlled country!!!Richard since i am a tightarse with money for our next IP can we put this on the application?

  • Jpcashflow replied to the topic First bussiness to be sold at a loss!! in the forum Hi All,We have had a call 12 years, 5 months ago

    Hi All,We have had a call from the broker who is selling our bussiness. At the new price we are on trachk to sellin it.

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Jpcashflow

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