Originally posted by Marc1:
I say, want to be a RE investor? Ask the people who make REAL MONEY in Re investing, seek a millionaire for good advice.

Want to make money in Network Marketing? Find someone who makes 50,000 a week in Network Marketing not someone who makes 50,000 a year by telling others to do what he does not do himself.

A very…[Read more]

Thanks guys some great responses..

[whip]Any others?

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Dolf DeRoos is great at that..finding an IP then working out how best to use it..think outside the Square.

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

On behalf of everyone, thanks for the heads up Westan..

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Thats why i said not being ‘sarcy’ lukis..

a ‘search’ of this forum would reveal many answers to the questions asked (note- questions asked , but no details given by Lisa2..)

If however you posted some details (without stipulating locations) you would get some ‘detailed’ advice.

Lisa has taken the first step by joining the forum, however, by…[Read more]

22 reads and no answers..
some people i guess are happy to look but not assist, so..

What was your first investment

Seashells then an IP

blue]What are your investment goals

To achieve a ‘balance’ of investments across a broad range and achieve a reliable yet steady income that progressivelly increases. Looking forward to purchasing some…[Read more]

Where have you been looking?

What price ranges have you come across?

What rentals?

Are you plugging the figures into a spreadsheet?

If it was easy everyone would be doing it..[rolleyesanim]

Not being sarcy..with the above comment, just you’d be suprised how often your question gets asked..

Saying that, research in any investment is…[Read more]

Originally posted by jess:
well said Richmond! totally agreeed!

On the other hand, I’d like to add something: “race” indicates you have to “beat your competitors” while “journey” implies more on self-dicovery and “experiencing enjoyment on the way”……but this leads to another question:

If you successfully purchased an investment property, it…[Read more]

I’d say post some figures..

I.e the rental on the property, satff wages etc etc etc etc..how many small businesses go bust?

I’d rather own the property and rent it to the shop owner, getting an income, tax breaks and Capital Growth..

what the heck do i know about ‘flippin burgers’?

Just my 2c..

Biz is a cut throat industry with long hours,…[Read more]

Options to invest-

Lowest income earner
Advantage-
Income taxed at lowest rate, minimising tax bill
Disadvantage-
This partner has total control over the couples investments.

Highest Income earner
Advantages-
Borrowing costs are tax deductible for investments, highest tax rate=highest deduction.
Disadvantages-
Income an CG taxed at Highest…[Read more]

ACN is a MLM phone company entering the Australian marketplace..

There was a post TELSTRA Vs ACN on this forum a couple of days ago..

I’d contact Geo from this forum if you were interested in finding out more, he’s very helpfull.

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency…[Read more]

Precise,

I’d ‘research’ those ‘remote’ towns also, check population and economic trends etc also..

Some inland places look great, then when you do a bit of research..

I prefer coastal..but thats just me..

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive…[Read more]

Originally posted by lukis p:
[blink]
look at mining towns I live in karratha and a 3×1 rents for 350-450+ for a duplex half!!!! mining towns with lager populations should be good earners. big wages= big rents.
hope this works as it is my first post.

Big ‘entry’ cost’s also Lukis..

REDWING

“Money is a currency, like electricity and it requires…[Read more]

Thanks for your post Bryce and Marc1,

You both seem to have a lot to offer on the forum

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Most businesses are re-sellers Rod.

The suzuki dealership down the road doesn’t make the cars..they just sell them.

Competition ,i think ,is good for the consumer (us)

Be interesting to see how they go…hope my phone bills go down [biggrin]TELSTRA

REDWING

“Money is a currency, like electricity and it requires momentum to make it…[Read more]

Have you looked at completing a Tax variation schedule to increase your take home pay from wages?

Check out the ATO site, form 15-15 from memory.

I’m a buy n hold person though, however if you have to sell, you have to sell..maybe try privately for investors..save on commision also.

Possibly list with some people offering that service on this…[Read more]

Agree Bryce,

The LOC and using a CC is great ‘if’ you can budget.

MortgageFree Australia promotes this as well as does Destiny Financial. I’ve seen the green line presentation, however, we already had our loans structured this way..

We use another banks CC linked to our loan (better rewards) and save our ‘point’s’ for X-Mas gifts for the kids,…[Read more]

ACN is in 18 other countries and is registered as a TELCO here.

Suggest you contact GEO from this site as he has had some dealings with them and is knowledgable on the company as a whole.

I expect thier entry into the marketplace to be good for everyone and adding to the competition between the major players

REDWING

“Money is a currency, like…[Read more]

[biggrin][biggrin]Ausprop

I was going to post something similair re: Commisions etc, but decided against it, was funny to then see your post..

Can’t Tar everyone with the same brush though, i’m a fan of Noel Whittakers.. I believe the indutstry is becoming more regulated

REDWING

“Money is a currency, like electricity and it requires momentum…[Read more]

Interest Only loans mean your paying the interest and the principal amount stays the same, the extra cash you save however could be put into a ‘sinking fund’ or used to pay off your PPOR (non deductible debt) your tax returns also get put into here..

decreasing your non-deductible debt as fast as possible is the way for me (and as i have a L.O.C…[Read more]