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Hi there Catalyst thanks for your feed back
other then personal experience i have no other credentials.what would i have to do if i wonted to run it as a business and teach others what i have already achieved or can you point me into the direction of someone who would know moreI have been investing for 3 years now with no real interest from my partner who is extremelly handing with his hands when it comes to renovating and he may never have any more interest then what he has now in the future.The more i pushed him the more he rebelled untill i relised that it was me resisting what was and stopped trying to make him like what i was doing and let him be him and work on me being a more patient and understanding person for those that did not have the same interest as me.I found other invester friends to hang out and talk with and WOW this was great for they had great ideas and i had great ideas that helps us to move farward in the investment world . I now get more done and he still has no more interest then 3 years ago but we are so much happier.
Hi there oneworld
Blocks of units yer lets talk about them.They are great cash cows if you buy them at the right price.blocks of units are exspensive here in wagga and i have noticed that the money that investors are wonting for them work out to be the same as if they were already strataed there for then its not worth the trouble to strata them.many people that buy units pay way to much money to start of with for them then they end up not being able to keep hold of them because of the money it costs them to hold these properties (and they do not value up like houses do) so they end up getting desperate and selling them for less then they paid for them.Thats when i buy them.I brought a block of units in kooringal, and all my so called friends back then told me i was crazy(they needed same TLC which to a lot of people means putting in more then effort.i knew deep down i was crazy not to buy them. They are by far my best investment and by being creative my family and i done work on the units lifted the rents and they are positive geared by $230 a week after all losses are taken outAnd they were revalued for more then $100000+.To all my lost friends for buying that property GOODLUCK u stay doing what you do best and i will FEEL THE FEAR THEN JUST DO IT .I am not sure why you are buying property and what your end result is but wagga is thriving this i know but maybe the properties you are buying are not the right ones for what you really are wonting to achieve.The builders are making meger dollars out of you suckers out there that are buying brand spanking new properties and your time to shine wont be for mmmmmmmmmmmmany years but for those that know better your time to shine will be sweet and sooner then later.We are all different in were we are going in life and to get to our distanation we must enjoy the journey yer i will admit its one huge rollercoster ride but o so much fun.there are more downs then ups but its the way that you look at those down moments and react to them that will give you the advanage over others and you will always come out shaking your head and saying WOW how in the hell did i pull that one off.It was not luck that helped you but the way you tackled the situation problem or what ever you wont to call it. I would be interested to know how much you paid for your units ,the rents that you recieve, if they are run down and get a little creative on how to turn them from negitve geared to at least neutrally geared if not positive geared.I do hope i was of some help to u.hi there
I have 17 properties in Wagga and the Majority are amoung the Ashmont ,Tolland and mt Austin areas. I started investing 3 years ago with no past investment experience under my belt just severe dissatisfaction with my own life and deep internal scaring from my past upbringing and many late nights reading researching for the first 8 months and working 10 to 12 hours 5 day a week all in aid of working towards funding the investment properties in my future plan to becoming financially independant and 3 chidren to look after, 4 if i am allowed to include my partner even though he is an adult he wasn't acting like one at the time.I had written my plan on huge sheets of paper and taped on a wall in a quiet area of the home in which i admired regularly and only me believing that i could do anything i set my mind to. wow a little to much drinking going on with these late nights reading and researching etc mainly brought on by negative comments from others that seemed to have all the answers to why i shouldn't invest. Looking back i now know why these people are where they are and i am where i am and it has nothing to do with luck .But me, the strong headed up to no good get out of my road attitude that anything is possible and always implying to everyone you first need to have a dream then write it down on paper and back it up with a plan then take action and for no reason what so ever except that it can't be done.i was going to change the world and make it a better place.Wow did i not know what i was in for.This was by far the biggest challenge i had ever taken on .I then started buying and renovating to add value and on top of this i was working a 10 to 12 hour day, 5 days a week.Even my partner was a non believer at first and we had many a fights over this dream but no one not even my partner was coming between me and the dream of a better life.This dream was not just for me but all people that come in contact with me that would whinge about there life and had every excuse under the sun to why there dreams were not possible and i would be the example for them to give up there fight with making up excuses blaming others and living in denial and to be accountable for there lives which they would then make the changes needed in there lives to make there dreams reality to.What a amazing place this world is going to be i would think and how much happier people will be.yeah yeah i know it sounds a little airy fairy but I made it, yep that's right i made it. i have not changed the world of course( just yet still working on this one small steps slow and steady does it) but i have started changing the way people think of themselfs in theses areas for my presence in the areas renovating has touched the lives of these people and changed there lives for the better as they have also touch my life in ways that i find it hard to explain on paper.these people are seen as numbers and beyond help.They talk about the forgotten ones and here we have it going on right under our noses in areas that are labelled as no go zones, and we turn a blind eye to it because we have to put in more then effort and that is beyond even our belief towards helping others for we must lift a finger and it requires effort on our behalf. But to me i believe if i am going to help others instead of changing them first i need to start with changing me first and not just look at these people as tenants but people with feelings and yes the numbers have to add up but these tenants are helping you move closer to achieving your goals to. I over the past 2 years of buying and holding property in these areas have had 3 bad tenants inwhich i had landlords insurance in place and followed the correct procedures needed at the time.I must admit but the first property was very stressful and the second and third become easyier because i was resisting what is which is the reason for a lot of problems in this world.My properties are positive geared and i now earn a income of $1000 a week depending on interest rate changes but my tenants are my reason for my success and i now have my next part of my dream to complete now that i am financially independent this i will keep quiet but you don't know this yet, i already am famous and this by far is no joke and those that know me well know what i am talking about.GOOD LUCK and do not be scared away from these areas but from this experience you had of visiting Wagga, take the time to get to know the people in the area and i mean really get to know these people for change starts first with you.
so remember to always give back to the world for what you give out you will only receive back, i did and my dream is part started and so those that said i couldn't, good luck because i already know you can do anything you set your mind to and if you don't believe in yourself, drop me a line and i will get you up to speed
