Forum Replies Created
Hi Everyone,
Thought I would add a recent job offer to the mix.
Paying $27,000 AUD per month, very enticing, but the job consisted of being an armed to the teeth body guard for travelling business and government officials throughout Iraq and other middle east nation. Not bad cash but not a long term prospect going by some of the feedback from those over there.
On a more good cash flow low qualifications basis I came across a great little business I would be suprised if some of you have not heard of it. Coffee News, it is a weekly publication for cafe’s etc. I missed out ont he NSW Head office but managed to get QLD. Great little advertising based business with great cash flow for time involved. Anyway you dont have to go to uni to get over $50k pa paychecks. And it all goes to holding more property….
Rod[party]
Some of these are in developments, some lead into reduction on selling price for capital up front. We combine a couple of stratagies to get these types of return.
Can also be short term lending as our contacts dont require any futher funding to complete they have no holding costs thus it is in their interests to offer good returns for quick cash.
All these are structured with great security for the investor. Stereo type would say that higher the return higher the risk, I believe that the risk can be reduced to an exceptable level with proper structure and due dilligence.
It has also come to a point where I have delt directly with these people on a number of funding opportunities and have had no reason to doubt their actions and have been given great recomendations from my fellow investors.
hoope this is helpful
Rod
Hi Crest,
On the returns I am getting on investments they range from 20-50%pa with developments and secured seed funding. This means name on title of property or unit trust.
Also a number of returns using equity in current property to create cash flow, turn negative geared property into positive. This system is used mainly to pay down the loans on the property which result in massive interest savings over 5 years. When you compare over this period you can save well over $200,000 in interest and open up access to more equity to invest it is very powerful.
Also some short term funding 1-2 years with returns that could exceed 100% but would need a little more explaination then could be put in writing here.
My back ground has been in real estate and hospitality management, I have over the past 2 years or so sought council with people with significant skills and results in certain areas of property investing and have been fortunate to work with them on some deals and be educated in the process, I am still in this position.
I would not consider myself an expert in any area but am well on my way to living the life I choose and doing this full time for myself.
My main focus is to help anyone who would like to learn more have access to the mentors that I have had contact with and let them decide for themselves if there is any merit in what we are doing.
Would be happy to speak with anyone further on this.
Cheers
Rod[party]
0418257176
No worries Giovanni, nice to have a contructive response rather than oppinionated ( that is another section of the forum).
Very brief explanation is that this system of raising capital for any form of investing is used to avoid the requirement for the person raising the captial to be a licensed individual or entity ie managed fund etc or the need to provide a prospectus for the investment.
It is used by investment clubs/groups to be able to raise funds from a number of people with a common interest or goal.
The guide lines are a maximum of 20 people can raise up to $2 million in any 12 month period. Now I do say that you should consult your accountant etc for full details and any other requlations involved but that is the basic template used.
Any more information on how we apply this to our investing send me a PM or email me on [email protected]
Cheers
Rouquin[party]
I do love a good debate, although I can not see how anyone offering a competitive price structure is not competition.
I do appreciate your opinions Anubis but is funny that in the opinion of some of the higher level employees of Telstra that the focus of Telstra has been to assist bulk buyers such as ACN into the market as they make a bigger profit margin in that area than in residential or business billing compared to expenses. But thats just what they say.
I think the importance has been lost into a discusion if you like network marketing or not and not if ACN offers great deals.
I do point out that if a councillor who is mentioned in previous remarks gave up a cushy job worth $175,000 per year to take on this global opportunity then maybe its worth more of a look.
Oh and about the fishing as I indicated before I love a good debate and thought this would raise a few eye brows.
Enjoy your day everyone.
Rouquin[party]
Funny thing is I see more pushy salemanship in those who are against network marketing than those who see its merits.
It is really funny that pressing ones opinions onto another is classed as giving good advice (or so the giver says) and passing on information that may lead to financial saving or benefit is all of a sudden looked upon as a scam.
Or is it that one reads a headline and then becomes the authority on such a thing. One would hope your due dilligence is done with more gusto than reading the first thing in the headlines or you will not get to first base.
But heh thats just my opinion !!!!
PS next time you see a good movie, dont tell anyone , they may think you are trying to scam them…….
Cheers
Rouquin[party]
Horses for courses Jess
I would consider if I wanted to spend me day flipping burgers or if the income actually does cover staff to do it then it is leveraged.
If that is your passion then go for it, for others it is property and others the share market. No one is saying not to do it just that a fair portion of this website is for people with a passion for property and its applications. Business sites will be pro business and not so much on property.
My suggestion is to do what you are passionate about and maybe use this website to invest some of that income generated from the business venture and spread your portfolio.
All the best with the path you take.
Rouquin[party]
Thanks everyone, I appreciate your input as this is a new area for me. I wish you all well and I will drop you an update on how ACN goes in the market.
After more research I think it is a goer.
Thanks again
Rouquin[party]
Thanks everyone who replied on forum or direct, I will get in contact with you all again next week as I am off to NZ for a few days.
I have also made contact with a few more local investors who are putting together a meeting point on the Coast, I will discuss further when I get back.
Hope you all are investing wisely.
Cheers
Rod[party]
Shaun,
Looks like you have got some really good advice on your matter, I think you are looking in the right areas the only other suggestions I would add is that if this is the best looking pub in town then the figures I would suggest are at there peak for some time as the last owners may have done the hard work to pick the place up. This can be good but it is generally a cycle within a town of who is the flavour of the month. Be aware that if the other publicans upgrade or improve there setup then it may impact heavily.
Being from a beverage back ground the main areas for improving the turnover apart from your pokies layout and who yuo attract there would be to audit the GP% on products sold, this compared to what the pricing structure is set at will tell you very quickly about theft or incorect margins.
Take into consideration that in NSW (is the pub there) the pokies entitlements is amajor part of the value in a pub. Your partner sound experienced in this area, the safee gard to this set up is that your income depends on his abilities and willingness to run it like a business not a place for him and his mates to socialize.
I hope you enjoy this venture if you go ahead and I would be only to happy to answer any questions you may have, feel free to PM me or email on [email protected]
Its agreat industry to be involved in when done right.
Rod[party]
Hi All,
For anyone who is interested a friend of mine has started the Sydney cashflow players club, meets every monday night in Erskinville, I am also looking at doing the same in the near future for those of us on the Central Coast, send me an email on [email protected] if you wouyld like further details.
Happy investing
R[party]
