Forum Replies Created
He’s definitely no Henry Kaye. His prices are much too low.
George – it’s all about what works for you. Some people need to spend this kind of money & go to this kind of seminar to take action towards their future wealth.
If this doesn’t apply to you – don’t go!
Cheers,
Aceyducey
These are more of what I’ve done than ideas for other people, but feel free to draw from them
(but if you want to compete, talk to me first!)Lately I’ve started a company that assists Oil Juniors in sourcing non-traditional finance from high net worth individuals (property & share investors) and also provides corporate support in building their boards, management teams, sourcing lead broker & underwriter & generally holds their hand through the public listing process.
Got an interesting project securing 2nd Tranche funds atm and several others in the pipeline
We’ve also started organising a structure to allow smaller investors to directly invest in oil & gas prospects. It’s high risk, you can lose all your money, but with good prospects the returns can be 3x or better in a 6 month timeframe – either a regular cashflow for the life of the well or we have people who buy the revenue stream off investors for a % of it’s NPV.
Mostly we set these up so we could invest in wells ourselves directly & let a few of our mates into deals, but it’s growing nicely & attracting interest from a diverse bunch of investors from both share and property sides.
I think of it as a form of property development
While at primary school I used to run a line writing business. Managed to sell several schools on the idea that hitting students in their sweets money was just as effective as having them write a meaningless line out several hundred times. I think the success of that business is why I print when I handwrite like a 12 year old to this day
I also started a car washing business & franchised it through a number of kids to the point where I didn’t have to do any of the work (I’m inherently lazy – and work damn hard so I don’t have to).
Set up a lawn moving biz at Uni that funded several O/S trips, car & a number of conferences. Didn’t bother investing then though.
Cheers,
Aceyducey
Resorts are not residential property.
Ensure you look at appropriate comps and do appropriate research.
Finally get independent legal & financial advice!
Frankly many of these resort deals exist for one reason only – fleecing naive, gullible or lazy investors.
After all they do say that Australia rides on the sheep’s back!
Cheers,
Aceyducey
Since it’s such a small group you should see about also pulling in people who post in other forums – you might end up with a larger group
(we’re doing that in Canberra ATM – it’s great cross-fertilisation)
Cheers,
Aceyducey
And how many IPs does the reporting journo own…..
He should own heaps because it’s tax-effective!
Bet he doesn’t.
Cheers,
Aceyducey
