Hi Darran,

This has been a very common problem. I used to work in real estate as a agent in Melbourne
if you want please feel free to buzz me there are a couple of things that do stand out.

Cheers

Why not get another job???

I have a bussiness know after 1 year i get some one else to run it and i work some where else get a pay slip so if i ever need a loan i will have my job + any cash flow from  my shop?

Cheers

Terry W lol  i seen that head line too.

I wonder if the owner of billbabong will get sued for jail for forgin legal documents?
Cant he get sued for obtaining property by fincial deception or some thing like that.

If he gets away im going to start a bussines "Skimming the bank with fake siginture"

Hi Kevin,
Very common question:
I think every case will be different, When i was looking for my first IP the Bank said there are two ways to get a loan, one use your parents home or save. So i saved for two years and bought a IP without using my parents home. It taught me not to be lazy and not to look for the easy way out. I think it taught me how to be responbile and work hard for things i want.

When we bought the bussiness i needed my parents home to help with the loan, but in saying that if some thing goes wrong first they go after the shop – In most case this will cover the loan any way – 2nd my home – then last my parents.

But i always tell my parents whats going on. We had one quiet month where i missed a repayment so i told my parents.

But for a home to live in? Very different as your home is a liability

cheers

Hi Vasiya,

I did my course at Kangan Batman tafe in Broadmeadows.
Pretty good the course is run by people who are in the industry.

I dont think you should just rush and try and get a job with any one. In real estate its important you work in a area u either live in or know very well.
Also make sure your working with a company who are going to train you rather then just employ you.

PS why do you want to work in this industry?

Cheers

Hi Jack Flash,

I tend to agree with two points you have made.
1) The mining outlook is not looking good – I have a uncle to works for BHP in NSW. They have been forced to take days off and know there shifts are going to be cut down as well with no over time at all.

I working in the freight forwarding industry and our friends in china are saying one thing – Things are slowing down more then the government is reporting for sure.

2) Investing in business – that's my cup of tea to i have tried my first stint thought in a lotto store and found the returns to be not great but the experience has thought me allot.. You based in Melbourne?

Cheers
Johann PS – i think your right about robert K – read over some chapters over the weekend and alot of things didnt make sense lol

Hi Jack Flash,

Because some one gives you 100million dollars does not mean you dont deserve credit.

If you give some one 1 million they can go bankrupt and you can give 1 million to another and they might turn into 10 million.
Its how people manage a sisuation not how they got there money.

http://www.johntreed.com/Kiyosaki.html – Had a look at this: Mate his just giving an opion. Becasue some one says they have a million dollars it does not mean they need to show the world to prove it.
And so what if he has only made 9 millon from his book not 50million? Not bad for just a sales man

If some one wants to make money then they will. More wealther  people are made when times get though.

Why? Average person will complain life is to hard, omg the bills, my cat needs this. All they do is <moderator: delete language> doom and gloom and scared to take a risk.

Donald trump has failed so many times yet he is very wealthy, rich dad poor dad author same thing, james packer looses money in One tell moves on and know owns casinos in Hong Kong.

There are people who always make excuses and blame the world but never blame them selves