A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney Smith
Hey Josh,
Good to see you getting going. Hope you succeed beyond your wildest dreams. With regards to the Investors club I have had friends buy property off them and while they haven’t done badly I still believe with a little hard work it is not hard to beat them on returns and or Capital Growth. I also heard some rumors of legal action pending on…[Read more]
Hey all,
It might be worth getting in Touch with Freestylers. Save reinventing the wheel. Just a thought.
Enjoy
AD [:0)]
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney Smith
By the ay Bris22, drop me alie always keen to find out what brisbane people are up to. I am in Brisbane as well.
Enjoy
AD deero@optusnet.com.au
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney Smith
Hey Bris22,
I presently do something similar. I buy positive geared property and once the rest of my home loan (bad debt) is gone I will actively seek to reduce my good debtwhile increasing it at the same time…i.e. I will pay off each house and hopefully continue to buy more. So far if all goes to plan, my house will be paid off in 1.5 years and…[Read more]
Hey Watto,
haven’t talked to you for ages…hope all is well. []
No body else where this property is but a town of only around 15000 people. At present I am very excited about the posibility of wraps so I am hoping to do a few more than a couple. [] We’ll see. I have just contracted another property a little closer to home that I am going to…[Read more]
Cherie,
Glad to know I helped. I think you will find JB’s book challenging and Steves more so when you get there(as it is very specific). JB’s stuff is all about getting you and your life into gear. I know you will enjoy it. If ever I can help again please feel free to contact me.
You ask a broad question. I suppose the answer is found in what you want to achieve. I started out only 6 months or so ago and have bought (as of Friday) 5 positive geared properties (that is money extra after all expenses regardless of Tax). The last of these I advertised on Friday (yesterday) to Vendor…[Read more]
Jason,
Welcome. I had alittle think and while never being in the same position one idea came to mind. What if you asked the owner to vendor finance you into the business. Ask them to finance you the $140K at an interest rate you negotiate. The rate is up to your negotiation skills and or need.
Hope this helps.
Might also be worth a visit to http://www.positivecashflow.com.au, a good site with some intro stuff and the owner is a local Brisbane boy.
Enjoy
AD
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney Smith
Wei,
I also read your post on the Somersoft when it was going on and thought that some of those guys may have had a slightly limited view and might been a bit harsh toward you.[]
My thoughts at the time were that you have to remember that a lot of people on Somersoft (good people they are) are coming to the table with a different perspective. I…[Read more]
Hey Mark,
As to how I got the loans…I guess I am lucky in that the place I live in (own) has had serious capital growth over the last few years and I have a LOC which I use as a deposit base. That and a good broker.
Enjoy
AD
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men…[Read more]
Which problem do you refer to Andrea. Not qiote sure what it is ?
Thanks
AD
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney Smith
Ditto,
Ian I had a good look up in the sunshine coast and while cahflow properties may be hard in residential property maybe ou should ask about commercial sites. I saw some good options available around places but I was focussing my energy elsewhere. As the others have also said there are many ways to skin a cat. I would guess that the coast…[Read more]
Hey ZIZ,
The main reason some are not for buy and hold even though the yield is high is because I want to generate cashflow. Of the five I have (six as of tomorrow) I want to keep three definitely as they are in good positions and growing (Capital Growth) nicely and are yielding 9% or more (gross). The others are good yields but I only want to…[Read more]
Hey Nick,
I am in Brisbane and always open for a chat. Looking to do my first wrap real soon (top level procrastinator). Always open for a chat.
Jason,
Met you at the Vendor Finance meeting glad to hear you are powering along look forward to our next meeting.
Enjoy
AD
Andrew Deering
Stumbling blocks are merely stepping stones for the successful.
Thanks Robert,
I’d love to hear more on how you do lease options…… If possible. My email is deero@optusnet.com.au if you wouldn’t mind a chat.
Enjoy
AD
Stumbling blocks are merely stepping stones for the successful.
Question for Fergus…. which part of the world are you wrapping in. What price range are you wrapping ? Always interested to find out what others are doing ??
Thanks
Enjoy
AD[:0)]
Stumbling blocks are merely stepping stones for the successful.