I think that a business plan is essential however before you do that it is important to develop a life plan. Most people send there lives drifting and then get frustrated because of that lack of achievement. However it is important to work out what are your goals both personally and professionally. Try and work out a short, medium and long term…[Read more]

You need to do your own due diligence on not only the markets but also who are the suppliers you are dealing with.
You also need to ask yourself Why do you want to invest in the United States. Then if you do what is your strategy. In my opinion the only reason you invest is to have a separate income stream to what you have in Australia. Once you…[Read more]

The secret to investing in the United States is who you deal with on the ground. If you appoint someone without doing due diligence it can be a costly exercise. The amount of money the lawyer was talking about was just a starting fee you could easily spend a fortune. You are better off just getting someone else to do the work.

What is more…[Read more]

I am also involved in larger scale property development, where we put our partners directly into projects. Larger projects produce larger profits especially with funding issues. Also if you go into a 2 or 3 unit developments the profits are not as large because you are competing against other investors and small developers.

watch this space

the biggest thing to stir up both the Australian and american markets

The quicker we can get rid of these fools the better. Let us get a liberal government as soon as possible

I think the first thing to consider is what are you planning. Because it is important that you have thought about a short, medium and long term plan with what you want to achieve and why. Many people who invest make mistakes because they spend more time researching what blue ray player they are buying than they do when buying an investment property.

Frankly these are third rate locations for investment. <moderator: delete advertising>. A bad investment will stop you investing further.

There are no signs that the mining areas will drop in value. I think it is a matter of reviewing your investment. It also depends on the amount of debt vs equity you have. You could borrow against the property. It really depends on what you have in mind.

I believe the Queensland and especially Brisbane is undervalued. There is a lack of confidence there at present. I think once you get a change of government you will see the market start to move up. We are interested in any development projects that we can pick up. So we are speaking with our money. If anyone is interested in being involved…[Read more]

Sure Alex

Happy to have a chat

Planning is the most important thing you will do as an investor.

Hi Brear 09
I often say to people that it is important to see and appreciate what you have. I have been through a tough 12 months However I also have a wonderful wife who has been my partner for more than 21 years and two great children. At the end of the day this is really what is important.The other things are just in place to support what is…[Read more]

Hi Alex

I could not agree more. If every person sat down and started to goal set by detailing a life plan there lives would change.
My wife and I have been involved in a life plan for 17 years. When I look back to what we first wrote it is quite different to what we have today. What it does is keep you focused and helps you keep on track.

I work with clients everyday and I help people invest in both the United States and also in development projects in Australia. However the most important work I do is coaching and training. The reason is that most people just drift in life. While I think books like the 4 hour work week are brilliant I also know that often in the beginning people…[Read more]

The four hour work week is a great book however you need to start with something a little more basic. Firstly you have to work out what you want out of life. That is why it is so important to work out your life plan first. Once you have done this you can look at the strategies to help put your plans into place

This is what I teach however it is important to start with small things. People often think if I am going to write a life plan I need to make a grand gesture. However in reality we can start with little things. It might be you want a new car a holiday a new partner. It does not really matter. Once you start writing things down it will start to…[Read more]

I do not back away from what I said. I am not saying all agents are bad. It just most agents as in Australia deal in residential sales and do not understand investments. Investment is a specialized area not all agents understand this

I believe that if you sit down and focus on what you want then it will happen. Most investors react rather than plan. I mean people wake up and say I will not have enough money in retirement. So they go to a seminar and buy a off the plan property and then pray that they have made the right decision. Instead think about what is important for you.…[Read more]

That;s a pleasure I run a mentoring program and the first thing I talk to clients about is the need for a life plan. If you spend 30 minutes a week on it you will find that ideas you have never thought of will come to you, It is important to look at what your real desires are rather than just reacting.

It is a matter of writing down what you enjoy work out what makes you happy. Most people get dragged on by life and do not stop long enough to see if that’s what they want to do. Therefore may people feel unhappy and feel there is something missing in there life. So start by writing down what you like in life and what you do not like. Imagine…[Read more]