Hey Alex,

Sounds like you have a few things on the go. For me I look at cash flow and that is key in my opinion.

In any situation you can get millions of dollars in debt but if you cannot service the loan its game over. So at your age you don't want to do that.

You need to ask your self why aren't you able to get a deposit. Given you earn a…[Read more]

I have an accountant that I would recommend. Drop me an email and i will send you his details.

In regards to using Super/ SMSF to buy property. it is not as straight forward as people would like it to be especially in the residential property side. So Be aware of what your getting into if your going down that path. Commercial property investment in SMSF is more plausible but still have to consider the opportunity cost of alternatives.

Hope…[Read more]

Sounds interesting

Double post – timed out

It has been a long time since I have posted and thought I would add to this.

Definitely the 10% rule works and prioritizing is key!

The points made about saving in the bank is valid however if your looking to invest it into property your not going to hold it for very long? All depends. For me I think its a good way for me to build up builds. The…[Read more]

Hi Jev, I have gone from a full time job to doing sales work with only commission base. I would suggest doing this if you have no base costs such as rent and food etc. I would budget say 3 – 6 months and say if I do well in 3 months I will keep on going if not I will re assess it. I moved from an agents role into property finance so where there is…[Read more]

Interesting thought but how dodo you build up funds for investment in the first place if you cannot save? Need to start some where. I agree what you do with the money is important. I have definitely learnt something from the post and your blog. Cheers

Hi Renovata You are on the right track. Definitely important to build a good relationship with whoever you deal with. Happy to discuss. Give me a bell when you are free. Sean

Happy to help !

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Updated

add me on msn, would be keen to know how you go

Geez thats one of the worst things someone you love can do to you …. "If you care for me you will do this for me… I mean come on …."All I can say is take independant advice, so that you make a decision thats best for you and not based on your emotions.

Added to my msn

Bump Been a while since i have updated this list

Post updated Please remember to add existing list to your hotmail.Take the intiative dont wait for someone else to add you

Bump

cool didnt know that

Good luck man