All Topics / Help Needed! / For full time investors…what do u do 4 cashflow?

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  • Profile photo of Mama2MiaMama2Mia
    Participant
    @mama2mia
    Join Date: 2003
    Post Count: 115

    Hi All,

    My husband quit a salaried job about 5 months ago and we’re really feeling it going from 2 paycheques every fortnight down to 1. We’ve got a few developments on the go however they’re 12-18month projects and we’ll have a nice lump pay day at the end of this period but just wondering what others in similar situations are doing to help the cashflow issue? Obviously hubby doesn’t want to go work for someone again….any creative ideas would be much appreciated!

    Cheers,

    Kim

    Kim Anand
    [email protected]

    “Money Can’t Buy you Happiness but it Does Bring you a More Pleasant Form of Misery”

    Profile photo of Carl.AlexanderCarl.Alexander
    Participant
    @carl.alexander
    Join Date: 2006
    Post Count: 50
    Profile photo of MillyMilly
    Member
    @milly
    Join Date: 2004
    Post Count: 288

    you could pull out some equity and live on that till the $ come thro.

    Profile photo of RentMasterRentMaster
    Member
    @rentmaster
    Join Date: 2003
    Post Count: 85

    Maybe look at it from another perspective – where is the money being spent? Can some costs be reduced? Is there credit card debt which is generally bad debt? Maybe keep a journal for a few weeks and analyst exactly where the money has gone. This can sometimes be quite enlightening.

    Andrew
    http://www.rentmaster.co.nz – Property Management Software
    http://www.RentalAnalyst.com – Property Analysis Software

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    Many people that do this sort of thing live on equity by drawning LOCs.

    Terryw
    Discover Home Loans
    Parramatta
    [email protected]
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    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 5 posts - 1 through 5 (of 5 total)

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