Introduce yourself

We have a few partners from China,  ( Hong Kong ) and now one new partner from Australia . What type of partnerships are you looking to venture in or with. We are located in the USA . Charlotte and Atlanta are our two markets of Focus .

Look forward to speaking with you,

Sincerely

Alex Franks
[email protected]

Hey all,

My names Hayley,
I live in Regional Victoria,
I am in the process of purchasing my first of many IP, Its due to settle at the end of January.

I just joined the forum and can't wait to meet you all and learn

Thanks
Hayley

Hi all…my name's Tony.
 I came to Oz almost thirty years ago from Idaho, been here ever since. Interesting to see so many yanks posting on this thread! I've been a carpenter in the  U.S. and Oz, night shift taxi driver in Sydney (interesting times), school bus driver around Newcastle for a couple of weeks (lousy pay, trying conditions), truck driver (mostly 6 wheel drive articulated trucks on road construction-the ultimate off road vehicle). Now operating heavy machinery on mine site near Muswellbrook (managed to get into fast lane of the "two speed economy").
   I've had a lot of fun, followed the easy path too often, but entered an extremely ambitious phase of my life about two years ago. I want out of the rat race. I have done extensive renovations, some ongoing, to my PPOR, refinanced, and purchased three investment properties in "muscle towns". I read a lot, surf this web site regularly, and feed my fairly recent but thriving addiction to property investing. I'm currently tapping equity again for my next deposit on IP. 
  I closely follow developments in the mining industry, and I'm a firm believer that the unprecedented levels of investment in coal, iron ore and LNG are going to continue to pay dividends to those who purchase properties in the right locations. 
  I'm here to read, listen and learn. Great website, and i am very appreciative of the generosity of those who share their knowledge here.                                  

Hi, my name is Cathy. I live in rural SA on 9 acres of sand which I have spent the last 10 years trying to turn into a replica tropical and native scrubland retreat from the world. I am now 50 and my partner is 56. We had no intention of relocating ever again but I had been getting interested in investing but have never considered us to be in a position to do so. Always thought you had to have bucket loads of money to do it. This site and other investigation has opened my eyes to so much, I wish I had known about this stuff when I was younger, why aren't kids tought stuff like this at school, more use than some of the crap they teach!  Anyway, last year things in our little world turned a bit pear shaped. My partner was diagnosed with prostrate cancer. Me, being the stable, calm, rational being that I am, decided that that was it! We were heading back to Qld. 99% of his family are there and half of mine is as well. Working with a financial advisor I found on the Gold Coast, I followed his advice and we changed our home loan from St G to WestP and extracted as much equity as they would give us to put in an at call account. So half the mortgage is interest only, half is variable and 76k went into the at call. Beautiful, we both had an income although combined was only about 60k max. At least we could do something, then just to add spice to life G hurt himself at work just before he was due to have the op ofr the prostate cancer. That meant that there was NO money from work or workcover for him.
      Then,  my brother got diagnosed with non hodgkins lymphoma and the week my mum and I were going up to see him was admitted to hospital and put on life support. I took early leave for shutdown from my job which was cleaning at the local abbatoir, however the current contractor had lost the contract and after shutdown the new contractor would take over. No problem with that, we all had our jobs they said. So off I toddled to see bro, (what a roller coaster that was! we were told on arrival that they were going to pull the plug on him after a few days. They were just waiting to see if he picked up a bit. Then at the family conf to let us know when they would do the deed, behold, a different doc, different story. Trying pumped him full of steroids they said, see if he improves the nest few days! Well blow me down, he did.)  
       Well, duty done I went home. But HO!, after 5 years of dedicated service I find myself out of a job. The Wily site manager had pulled a swifty on me and didn't re employ me. (I should have seen it coming, I was 1. quite open in my opinion of his ineptness and 2. I was the union delegate.)
       So now we have no income from me but because workcover started paying as soon as the new contractor took over (because G couldn't get to a site operated by the former contractor) we have one amount that only just covers the mortgage.
        I am now on newstart but doing a Diploma of Business Accounting online so I also get some money.

My problem is, now we are both no longer 'employed' an only bringing in about 680 per week are my grand plans out the window. I had planned on using the at call money combined with the proceeds from selling off all our assets (cars, cars, cars, cars, cars, cars, and some other things) to give us the money to buy a business, something that had accom attached. Took a real fancy to a little hotel motel in the Gold Coast Hinterland.  Were also planning to sell our place here and use the money for a deposit on an investment or future retirement home for us. Now, I think that it is very unlikely we would be able to borrow any money for the home, is this the case? Or is there still hope we can do something?

Any advice or assistance from you finance geniouses out there would be gratefully received.

PS. Gary's op was first thought to be a success, 8 hours it took. The surgeon said he'd never had one so difficult. The cancer was up under the pelvic bone and very vigorous. Luckily it hadn't got to the seminal glands but was not far off. However, the last test found his psa was up again so they think they missed a tiny bit and it has grown enough to register. So not only has he got a posible death sentance hanging over his head, he still cannot use his arm properly and has gone from a person that used to <moderator: delete language> lived in his workshop (mechanic by trade) to one that doesn't get off the lounge! I would hate to be in his head. Mine is bad enough!!!!

Thanks in advance C

Hi Everyone,

My name is Kye, been surfing the forum for a while now taking in all the knowledge building up to finally making that first investment.Living in Darwin.

Kye

Ladies and gents,

My name is Stephen living in Perth (north of the river).  Been investing since late 2008 and hope to continue until I reach financial independence.  I hope to learn off other forumers and pass on a few things I have picked up on my investing journey.

Regards
Stephen

Hi my name is Matthew.

I live in Townsville, QLD but moving to Melbourne soon.

I am interested in an international property portfolio, so here to learn what I can and find like minded people.

Hi All

My name is Deepak and I am pretty new to the forum (joined about 2 months ago). Its been a great find for me in terms of learning form the other members and I quite like the idea of putting your thoughts out there for discussion knowing there are some experts on this forum who can provide their valuable insights on the topics. Very appreciative of their work.

I am thinking of buying my first ever IP in the near future. (provided all goes well)

Hope you all have a great day.

Cheers
Deepak

Hi all,

my name is Libby and I'm living Walloon Qld (near the Lockyer Valley).  My husband and I already have three IP's but they are negatively geared, and I've finally worked out how dumb that is!  I'm here to find out how we can turn this around and move forward with positively geared properties to replace our income and be able to spend more time with our child.

Look forward to learning from you all!
Thanks,
Libby

Hi,

Im Jim Mcintyre.Live in Adelaide in the Adelaide Hills.Have 2 rural investment properties,and subdividing a land parcel into 5 X 500sm house? land packages.Decided  recently to have a go at developing,and dont believe everything someone tells you.Ask the questions on this forum,there are a lot of very smart people on here,so use their knowledge to move forward.

Enjoy every minute

Jim