The Gambler replied to the topic 62 years old and starting from scratch! is it possible? in the forum What did you do with all the 13 years, 4 months ago
What did you do with all the money you have made so far in your life?First thing you have to learn is how to hold onto your money first, save.Once you stop going backwards, then you can think about strategies to move forwards.
The Gambler replied to the topic running a bussiness and property investing in the forum Help Needed! 13 years, 10 months ago
We started a business from scratch 5 years ago, rather than purchasing a business (no money) to create more cashflow to invest in property.So yes, currently running a business to support property investing.Pros – Cashflow makes investing very easy now, could pay off an ave Syd house in less than 1 year.Cons – Work longish hours.
The Gambler replied to the topic Introducing myself, and my plans for my Value adding portfolio. in the forum Value Adding 14 years ago
Good luck with your plans Luke.Nice deposit.How's your cashflow?As mentioned by another, I'd be doing developments, especially if you have good cashflow.
The Gambler replied to the topic Using multiple mortage brokers – share information? in the forum Finance 14 years, 2 months ago
Thanks Richard,It's not that I'm unhappy with my current broker.Just that my friend seems to need more clients and I may try to give him some business.Although, I don't want to cause problems for myself either.Is there any test or questions I could give my friend to be sure he is skilled in getting the best result for me?Will be purchasing through…[Read more]
The Gambler replied to the topic Joint Venture in the forum Help Needed! 14 years, 3 months ago
Hi MSN,Sounds like you have a plan.I'm a little confused about how much each person is investing to reach your target of 4 mil net profit after 6 years.Is it 25k each initially and 96 k each PA?So total amount invested by all 4 partners would be around 2.4 mil (not all in the first year though) ,if not continuing in the 7 year?Is that what you're…
The Gambler replied to the topic Project manager/costings wanted for 6 unit development in Brisbane in the forum Value Adding 14 years, 3 months ago
Thank you Matt.PM sent.
The Gambler replied to the topic Project manager/costings wanted for 6 unit development in Brisbane in the forum Value Adding 14 years, 3 months ago
Many thanks Trent.I have contacted Barry and advised I was referred by you.
The Gambler replied to the topic Accountant In Sydney in the forum General Property 14 years, 4 months ago
ten_burner wrote:
I have been using this crowd for the last 2 yrs and they have been great http://www.strategicwealth.com.au/Yeah, we just started using Nick as well.Got us structured right so we can build a big portfolio.Also, set up right for asset protection and maximising business cashflow.
The Gambler replied to the topic abc financial group in the forum Help Needed! 14 years, 4 months ago
Can't they assess you via email,phone, video conference, etc without you having to travel?'If they are not willing to do this, I'd say forget about it.Seems like they want you financially committed from the start.Face to Face meetings are just not neccesary for this kind of situation.Ask them what they think about this.
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