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  • Profile photo of redwingredwing
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    @redwing
    Join Date: 2003
    Post Count: 2,733

    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, CC is paid out monthly (no interest)our bank would’ve given us a CC without fees, however the scheme of another bank was better at the time rewards wise..

    When i met my wife i convinced her to consolidate her debts onto her house loan, now an IP and saved $’s.

    Glad Financial Advisers now have to start disclosing fees and commisions, i believe they have taken over from “Insurance Salesmen” and need to clean up the industry, many a pensioner would agree..

    Not saying all are like that, as a good financial adviser would be a bonus, however, how, apart from word of mouth do you find a good F.A?

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    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 electricity and it requires momentum to make it Effective”
    Count The Currency With This Online Positive Cashflow Calculator

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    [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 to make it Effective”
    Count The Currency With This Online Positive Cashflow Calculator

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    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 the funds are available to me for further investing or an emergency if i need them).

    When the IO loan is due in 5 yrs the i’ll re-evaluate my needs at the time.

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Hi all..have a look at http://www.simplesavings.com.au for way’s to save $

    A $1 saved is $2 earned

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    I’d definetly ‘research’ it for your relevant state..

    The last thing you’d want to do is ‘source’ an IP for a client that turns into a big problem (as they say, nothings a problem till its a problem).

    As for DD’s post, i agree i’d prefer doing business with someone who also holds IP’s (hopefully in the area they’re recommending- a la Westan, DD and Mini)this way, again hopefully, they’ve made good contacts and gone through the whole process several times prior.

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    I’d also recommend Dale GG’s books.

    REDWING

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

    Profile photo of redwingredwing
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    @redwing
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    You’d have to contact the nearest local manufacturer re: Prices, i’ve found some Rural areas have Prefab sheds very cheap, other than that you could get a local builder to ‘throw’ up 4 poles on a concrete pad and put colourbond roof on..

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Visit your states REA site, you should be able to find lots of data for the bigger areas, other than that, the ABS site..

    Try ‘google’ also..

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
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    Heinz..

    You got it exactly and ‘yes’ a bit of ‘bait’ advertising on thier part, hence my reluctance to post thier details on the forum untill i’d looked at their deal further.

    MM, Ali G and everyone else thanks for the messages of congratulations re my daughter..

    I’ve bought a rocking chair and a shotgun for my front porch and am looking forward to some interesting days ahead, however having a son and now a beautiful daughter [inlove] gives us some ‘balance’.

    Regards

    REDWING

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

    Profile photo of redwingredwing
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    @redwing
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    Bibra..

    Very disapointing!!

    I saw Dr John Gray on Kerrie Ann’s Morning show today and my wife and i found his views very interesting, he is combining ‘welath and emotions’ in his Millionaire Mentor Tour.

    Would’ve been great to see Peter and John i think
    [king]

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    ???

    I’ve been away due to the birth of our new baby daughter, however i’ve contacted Goldstar and have requested some more information regarding thier advertisment.

    This thread has been intersting though…

    I had contacted Mobile Mortgage and advised him of the companies name and the fact i was ‘unsure’ of the conditions, but, that i would request ‘more information’…

    Not looking at a new loan at the moment, however i found the rate interesting to say the least..

    I’ll keep you all posted

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    I had no luck downloading Ez-rent software?

    I still regularly use http://www.jaffasoft.com

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
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    Hi Derek,

    My PM’s pointed out this incident and asked if we wanted an inspection ($’s for them)of the glass in the shower area.

    I pointed out we didn’t have any in that property!

    As part of a massive mail-out to all thier clients, i wonder how much extra ca$h they raked in from that? They offered to have it replaced if need be from a contractor they had organised..

    It came across as an excuse for making money as they didn’t even check whether the IP had a glass shower screen.

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    My Advice,

    Get in contact with DEPRECIATOR on this site, look him up on member list, he can assist in most states and areas i believe and is ‘more’ than helpful re QS.

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    You have an inquisitive and annalytical mind Monopoly..that’s all, and it’s a good thing [biggrin]

    Keep em on thier toes!!!

    REDWING

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

    Profile photo of redwingredwing
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    @redwing
    Join Date: 2003
    Post Count: 2,733

    Hmm..

    Read after i posted it Derek, but was to busy to change it..[blink]

    I meant (as with the initial heading) who missed it (As for, “Have you seen this Advertised”?)

    However, i guess i confused myself [confused2]

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Agree..

    Ask, be honest and upfront and you’ll be suprised by the help offered..

    a friend of mine started up a business from nothing and it’s now ‘taking off’, he’s busy, but enjoying it… the product “beef jerky”…

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733
    Originally posted by skippygirl:

    I think it is Keith Cunningham who says to make a profit you –

    find out what people want and give it to them.

    Cheers

    skippygirl [biggrin]

    And sell a product that you can re-sell, again and again and again and again and again..

    REDWING

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

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    Agree Monopoly,

    You are who you are because of all you’ve been through, good and bad..

    Agree i would’ve started earlier as well, i remember my father telling me to get a house ASAP, then i could travel (rent the house out)etc, as i’d always have somewhere to come back to!

    I did it the other way traveled etc and then a year after i came back bought a IP.

    There is a ‘wealth’ of knowledge and knowledgeable people out there nowadays that just weren’t around when i was younger..

    I had an idea of 4-5 of us putting in a deposit then $50 p/wk to purchase an IP, then with the rent etc we could pay it off quick, buy the next one etc.. i worked with guy’s who were in the same sitaution, earning good money and keen, however we had no idea how to structure it..still didn’t untill Melbear explained Unit Trusts…

    Wish i knew that back then..Hindsight is a great thing..

    My advice read, listen and learn..people making big $’s from real estate may be right next to you..you’ll never know if you never ask..

    REDWING

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

Viewing 20 posts - 1,341 through 1,360 (of 2,376 total)