kengw002 replied to the topic Investment Plans To Retire Wealthy – Help needed in the forum Help Needed! 6 years, 2 months ago
cheers Terryw
kengw002 replied to the topic Investment Plans To Retire Wealthy – Help needed in the forum Help Needed! 6 years, 2 months ago
I want to be much much richer than the pention rate :-P & yeah I agree, i’m definitely going to be learning all the tricks to make this strategy executed way quicker and more tax effective as I go through each stage of the process i’m sure. I’m sure i’ll be tempted to become an active investor and do some cash flow positive deals or quick profit…[Read more]
kengw002 replied to the topic Investment Plans To Retire Wealthy – Help needed in the forum Help Needed! 6 years, 2 months ago
I want to be much much richer than the pention rate :-P & yeah I agree, i’m definitely going to be learning all the tricks to make this strategy executed way quicker and more tax effective as I go through each stage of the process i’m sure. I’m sure i’ll be tempted to become an active investor and do some cash flow positive deals or quick profit…[Read more]
kengw002 replied to the topic Investment Plans To Retire Wealthy – Help needed in the forum Help Needed! 6 years, 2 months ago
thanks Benny in answer to one of your points
version 2 i’m thinking i’ll work out the cash flow side of things. I just put IO debt for each of them for this scenario to start with. but I do believe these IP’s will become cash flow positive after 5-7 years of which I would pay the debt down with the cash flow, was my initial thinking, but i’m…[Read more]
kengw002 replied to the topic Beginner Needing Help Looking At A Deal in the forum Help Needed! 6 years, 2 months ago
exactly yeah, I dont think this is the kinda deal i’m looking at doing, but i’ve got my options open for learning about all kinds of deals at this point before I decide what my moves are!
Which directions do you think I should be looking to learn about next?
Where is money being made short/long term at the present time? What is most commonly…[Read more]
kengw002 replied to the topic Beginner Needing Help Looking At A Deal in the forum Help Needed! 6 years, 2 months ago
exactly yeah, I dont think this is the kinda deal i’m looking at doing, but i’ve got my options open for learning about all kinds of deals at this point before I decide what my moves are!
Which directions do you think I should be looking to learn about next?
cheers Grant
kengw002 replied to the topic Beginner Needing Help Looking At A Deal in the forum Help Needed! 6 years, 2 months ago
Thanks Benny some good points to look at, I had not heard of sinking funds. this is the kind of thing I was keen to learn of when positing this, I appreciate it!
kengw002 started the topic Investment Plans To Retire Wealthy – Help needed in the forum Help Needed! 6 years, 2 months ago
Hi guys
This is an extremely basic version 1 of my retirement plans. Feedback very welcome as to what I need to add into my calculation for a more advanced version 2, what factors would you add in?
i’ve made every assumption along the way very conservative (I think, but open to suggestion)
How much do I want per year in retirement?
$485,452.…[Read more]
kengw002 replied to the topic Beginner Needing Help Looking At A Deal in the forum Help Needed! 6 years, 2 months ago
This is not a deal i’m actually looking at doing, but keen to learn more about the strategy in general so thanks for your comments.
kengw002 replied to the topic Beginner Needing Help Looking At A Deal in the forum Help Needed! 6 years, 2 months ago
So opportunity costs are high then.
This is why I’m here.
I was thinking that if you did the deal and it paid the loan off and you added no personal money in, whatever you end up with at the end is bonus money for no outlay whatsoever.
Maybe the risks is just not worth it
Or like you said – opportunity cost of not being able to do a b…[Read more]
kengw002 replied to the topic Over 55's Complex – Deal or no deal in the forum General Property 6 years, 2 months ago
Hi Tom
did you end up doing this deal?
And how is it fairing?
I’ve just read over the whole thread, i’m left hanging ha ha
cheers
kengw002 replied to the topic Over 55's Complex – Deal or no deal in the forum General Property 6 years, 2 months ago
Hi Tom
did you end up doing this deal?
I’ve just read over the whole thread, i’m left hanging ha ha
cheers
kengw002 started the topic Beginner Needing Help Looking At A Deal in the forum Help Needed! 6 years, 2 months ago
Hi guys
I photograph for the real estate industry in melbourne and currently passionate about property investing after having great returns and hence captial in my first home in the last 2 years.
I photographed a student accomodation apartment the other day. A tiny place that is “supposedly” a cash flow positive deal.
Currently listed price…[Read more]
kengw002 started the topic Beginner Needing Help Looking At A Deal in the forum Help Needed! 6 years, 2 months ago
Hi guys
I photograph for the real estate industry in melbourne and currently passionate about property investing after having great returns and hence captial in my first home in the last 2 years.
I photographed a student accomodation apartment the other day. A tiny place that is “supposedly” a cash flow positive deal.
Currently listed price…[Read more]
kengw002 replied to the topic Investment strategy with OpenCorp in the forum General Property 6 years, 2 months ago
Hey Bon, you mentioned that you now are looking at being an active investor with passive income as your strategy.
can you shed some more light on this direction for me, who you learnt this direction from? why that works better for you now, what it entails etc?
I’m trying to shortcut my learnings and understand the game as quick as possible so…[Read more]
kengw002 replied to the topic Investment strategy with OpenCorp in the forum General Property 6 years, 2 months ago
Hey Bon, you mentioned that you now are looking at being an active investor with passive income as your strategy.
can you shed some more light on this direction for me, who you learnt this direction from? why that works better for you now, what it entails etc?
I’m trying to shortcut my learnings and understand the game as quick as possible so…[Read more]
kengw002 replied to the topic Investment strategy with OpenCorp in the forum General Property 6 years, 2 months ago
Good for you, thanks a lot for your thoughts!
kengw002 replied to the topic Investment strategy with OpenCorp in the forum General Property 6 years, 2 months ago
Congrats that’s going ok then I assume your happy with that?. I was thinking greenvale (if its the melbourne greenvale we are talking about I assume) has quite a lot of land around it on the north west side, as opposed to having built up property all around it.
so do you think its going ok due to them are releasing land quite slowly there and…[Read more]
kengw002 replied to the topic Investment strategy with OpenCorp in the forum General Property 6 years, 2 months ago
Congrats that’s going pretty well then, I was thinking greenvale (if its the melbourne greenvale we are talking about I assume) has quite a lot of land around it on the north west side, as opposed to having built up property all around it.
so do you think its going ok due to them are releasing land quite slowly there and keeping demand above…[Read more]
kengw002 replied to the topic Investment strategy with OpenCorp in the forum General Property 6 years, 2 months ago
Congrats that’s going pretty well then, I was thinking greenvale (if its the melbourne greenvale we are talking about I assume) has quite a lot of land around it on the north west side, as opposed to having built up property all around it.
so do you think its going due to them are releasing land quite slowly there and keeping demand above supply?…[Read more]
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