Forum Replies Created
With Banks i’ve found that to get the money you firsthave to prove you dont need it (simply), they lend based on you as a risk and thier chances of getting the money back if all goes south..
the more you have in the deal the btter they like it..
As for non-banks they want higher rates..if you dont like it, go back to the banks[biggrin] They however are also risk adverse..no-one likes to gamble without knowing the odds..
Like Monoply i’m interested..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThanks All
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAny Peter Spann graduates out thier??
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorhave a look at http://www.excelaustralia.com.au or make your own from your PM’s end of year statement, just add in your loan costs, reciepts etc..each month also ..that’s what i’ve done
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorStart watching your cash flow, bank statements etc…as this is what the banks will want to view when assesing you for the next property..
construct a budget..
R
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorpmostert
Your right it cost me ‘nothing’ to speak to them, however, the adviser said he could not ‘re-structure’ my loans as i had the loans set up as he would have advised anyway and his power-point presentation was reduntant becuase it was only going to show me the benefit of structing the loan the way i had it..
We did go through it though, just faster than usual..
I liked Margarets books, however i personally would not pay the $2700 plus yearly costs..thats just me though.
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorI’m led to believe from posts here on the forum that you can purchase an IP and still get the FHOG later, as long as you haven’t lived in the IP..Check on the FHOG web page for your state to confirm this though!
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorI’d work on the basics of getting people to fill out a ‘budget sheet’, give them some info etc on trends in there area and then evaluate thier budgets to see where they stand, as everyone is different and has different goals etc..
Get guest speakers, insurance brokers etc etc and they can offer your clients a group deal for being members.
The only thing i say is try not to be ‘one-sided’, everyone has different goals, skill levels, income and paths.. [specool]
offer stuff outside of your area, if it’s all you, you, you..you’ll lose people, no-one likes a hidden agenda, be upfront
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorIs that the Og Mandino book?
You’d like them Mini…
NSW REA sounds better than WA, where you have to earn your keep, no sales – no wage, plus you have to support yourself at the start.
Even Jenmans agencies (or the one i’ve spoken to whilst looking at IP’s) you are put on a training wage, you chase sales leads for the other agents whilst training, then if you are competent you get a job offer with wage and sales bonuses..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorHi Sue…
You’ve posted in the wrong area for this answer, try the Guru section..
Or maybe Admin can move your post?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorYou must be an upmarket Aussie Dom[tongue]
The rest of us wear ‘thongs’..Sandals area bit trendy.
Know what you mean, imagine if you’d bought a while back only to see your value drop and those around you!
Hindsight is a great thing..which way do you see the market in your area going? lower or has it bottomed out and others are coming in to pick up the deals?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAgree with Derek..
and don’t buy a property ‘just’ because it’s + geared, ‘research is paramount’..loook at population tends, speak to locals, councils etc..pick a couple of areas and geta ‘feel’for them, make a move when your confident..as most + geared IP’s have low CG and are regional
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorGreg,
It’s a pity we haven’t got one or two of Peter SPANNs Graduates here, his book only realy ‘touches’ on his property strategies, he has another book coming out in relation to shares.
Have you visited his site?
he has information available on his “money magic’ “shares magic” and “Instant Income” seminars etc
I think his ideas have a lot of merit also, wish i had someone to ‘walk’ me through them though..
As far as 100% Margin Lending, i believe that would befor ‘selected’ stocks only.
50-70% would be better, beware the margin call also. Start small and work up i think..
Peter Recently had a prospectus out(expired Sept) maybe put yourself on the mailing list..
REDWING“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorIn the end we are all human beings with the same challenges, problems and dramas in our lives.
It’s the challenges that make things interesting Peter [biggrin]When i’m faced with a problem i recall something i once read saying you have to look at a problem and say ‘good’, this is the problem and then look for the positives, even look at the problem from a different perspective.
I’ve faced financial problems before and overcome them with thinking about them outside thesquare, i recall getting a $40 000.00 loan from the bank about 14 years ago and i wasn’t even working at the time, however i had a good history and was able to talk the manager into seeing things from my perspective..
Enjoy your post’s Peter, can’t really grasp a lot of your share atrategies..but i’m getting there [biggrin][biggrin]
Maybe i’ll see you in Perth when Mars and Venus come together [biggrin]
REDWING“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorSideline business..
Start taping these shows and put out the DVD’s
[grad] then we can ‘all’ see themREDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorCalvin…
Can you get your ‘boss’ to talk to ‘my boss’…hey, does your boss wanna beeee my boss?
Great deal and good on you..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorFrom InvestorIQ in Perth-
$1,000,000 in Property in One Year
Steve McKnight
Steve McKnight’s new book: ‘$1,000,000 in Property in One Year’ will be officially released next week and if the Money Show was anything to go by this follow-on to ‘0 to 130 Properties in 3.5 Years’ will be a best seller.
To ensure you get a copy in the first print run and avoid hearing about it second hand at dinner parties you can advance order a copy today. Orders will be allocated on a first-come-first-served basis and can either be posted or collected from the shop as soon as our stock arrives.
(ISBN: 0731402049) – $29.95
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorNot a broker but see and hear this ‘all’ the time…
once the bank has your business they aren’t interested in you! however other banks are falling over themselves for your business… after a while they are in the same position as your original bank, and dont care, whats up with that?
Hey DD..Your clients? what do you do?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorSimon…
Had a look at your webpage
CONGRATULATIONSLOOKS GOODREDWING
W.A“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorTo be honest..i’ve never read ‘all’of Rich Dad Poor Dad..
I prefered The Ricest Man in Babylon, Noel Whittakers books, Steve’s books and Peter Spanns books and further information..
Like most people here (i’m presuming) i have a huge library of various investment books and have my favourites also, that ‘hit’ the right spot with me..i.e – i liked Dolf De Roos ways of looking at Deals
Not all books are property, some are more financial and others are on the share market, i’ve aquired a lot of older books 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
