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May 8, 2014 - 6:49 pm

Hey well done
Looks nice:)
The only question I had is even though you have spent 20k + 585 for house if u add stamp duty is it fair enough to day u broke even at least?

Jpcashflow | JP Financial Group
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May 1, 2014 - 9:04 pm

Hello,

There are a couple of things to consider for now and the future.
1) call you pm and ensure you will get your bond back .
2) have you got land lord insurance?
3)I would be talking to your pm and see what screening process they have used to get this tenant.
4) 3 week seems odd as most tenants pay on monthly cycles.

Jpcashflow | JP Financial Group
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April 29, 2014 - 9:55 pm

G day brad,

well it’s good to see you have moved on. Sales is very tuff out there I’m in sales as well so I understand where u coming from.

I’m only 30 ands I’m in a same situation

i am lucky enough to be overloaded with work which is great but I have a two year solid pla. Where il be doing what I love most.

good luck and keep up the good work

 

 

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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April 29, 2014 - 9:49 pm

Talk to you accountant straight away…

I think you can’t claim a deduction eg negative gearing if you have not received an income on the property.

you may claim some when it was being rented out at that Time.

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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April 22, 2014 - 10:24 pm

Hey david

welcome :)

i used used to work in real estate between in the age 0f 24 to 27. I’m 30 know and I returned to the logistics industry (my forte).

i made a very decent income in working in real estate but I was time poor. Always working!!!

I had a share in a rent roll which I recently sold, but the knowledge I have learned is amazing. I can  know apply these skills when looking at property.

developing can be quiet rewarding but I understand the game is changing and evolving all the time.

 

 

 

 

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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Your first port of call in finance :)

April 22, 2014 - 8:18 am

HI and welcome :)

before you put an offer on any property it is always important to do your due diligences:

1) speak to a lawyer and accountant

2) see a broker ASAP either Jamie or Richard on this site can look at your situation.

Also on the contract have you put a subject to fiancé clause?

 

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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April 20, 2014 - 7:42 pm

I recently bought a Mercedes c200, really nice car!!!

my work requires me to drive allot, so I get allot back from tax etc.

My rule is invest hard, work hard and enjoy life.

no point not rewarding your self.

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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Your first port of call in finance :)

April 14, 2014 - 9:24 am

Hi,

This idea, is out in the market place allready, in Christhcurch buildings are being made out of containers and so wil some properties in the future.

Recently a building in melbourne was extended by using containers. By the way it was to extended the QV building.

Keep an I out on this!!!

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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April 7, 2014 - 11:27 pm

Hi Mike,

I think there is market for that… Also introduce your self to real estate agents in the area. You will be surprised how many opportunities will present them selves.

The best way to learn is through experince, Message me your details and will keep in touch… Your skillds are handy!!!

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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April 7, 2014 - 12:43 pm

Hey mate 

China is slowing down, you should see how bad exports are out if china. In fact 4 major shipping lines will be merging just to stay afloat 

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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April 7, 2014 - 12:42 pm

G day mike I'm from Vic my self..

flipping properties in this climate can be difficult… Reason? 

Stamp duty, cost of selling and capital gains tax do eat into your profits.

Have you thought of reviewing your loan portfolio? Maybe talk to a broker like Jamie Moore And see if he can do a health check on your loans 

I have renovated a couple and flipped and made some nice coin the secret was to buying the properties at under value, renovating them slight and then on selling for a profit..

im in the process of settling in a bargain of the century, thanks to my parents wanting to get rid of a property.

the Vic market is headed for some interesting challenges.

from my point of view if you market your own business you should be busy like no Tommorrow, with the block ending and living in Windsor your in prime territory!!

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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Your first port of call in finance :)

March 29, 2014 - 9:43 pm

Hi Joe and Connolly

Really good questions…..

1) I sold allot of my shares due to do many external factors effecting the  market. China issues, war in Ukraine and earnings falling short for allot of companies

2) why Geelong "etc" doing allot of research in regards to Geelong, both federal and state government are looking at pumping millions into the area.

Talking to locals the area is transforming from a manafactuting hub to a service hub.

All in all the way in looking at buying is at buying the property under market value

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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March 7, 2014 - 1:56 am

Hi,

Because you have just built a house for 380K it does not mean its worth 380K it could be more or even less.

The investment property is not rented out as yet? How long has it been vacant for?

Before rushing into another venture, I would suggest you concentrate on this property, As JACM mentioned build a cash buffer in the offset.

Do you live in your own home or are u just renting?

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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Your first port of call in finance :)

March 6, 2014 - 10:37 pm

lol the joys of being a parent!!!

Jpcashflow | JP Financial Group
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March 6, 2014 - 10:08 pm

Mate I only sleep 5 to 6 hours a night, that's all I need 

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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Your first port of call in finance :)

March 6, 2014 - 4:30 am

Hi,

Thought id put in my 2 cents worth.

You should be able to do full time work + investing successfully.

We have 24 hours in a day, so if you plan your self in a disciplined manner you can do both.

My example: I wake up at 4am to look at what happened and happening in the USA market (Shares). This usually takes 45 mins…

I start work at 8:30, so i get in at 7:30 to plan my day for both work and investing goals.

at 10:00am when work mates are having a CIGI break i am waiting for the share market to click over

12:00 to 1:00 i look at what shares im going to sell and buy (if any) during the day.

at night, i look at propties and do some research.

Saturday and sunday same thing again….

Jpcashflow | JP Financial Group
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March 4, 2014 - 10:04 am

Hi

i have seen many of these signs, in fact I called one and said on your sign u will pay any price for any home!!

that was not the case!!! Lol

not to sure what people are trying to achieve out of this it would be great to gwt

some one who has experiences this 

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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Your first port of call in finance :)

March 3, 2014 - 11:56 am

Hi
I’m from Melbourne and I deal with Jamie.
I have just completed loan through him.

I went through him for two reasons:
1) structure was set up to suit my needs not the bank needs
2) he also clearly identified my goals and recommended a loan that suited me

Ps his a good family bloke who puts his family first, such a important trait!!

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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Your first port of call in finance :)

February 27, 2014 - 12:27 am

Melbourne is in a recession 

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
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Your first port of call in finance :)

February 25, 2014 - 3:23 am

Hey My Freckle,

Long time no speak, I am not longer at my other company, here is my new email for you anyway jpsaila@au.hellmann.net

On Thursday their is going to be some big news with Qantas and with any one saying that the Australian economy is looking good are not only lying to other but themselves.

Jpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone Me

Your first port of call in finance :)