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  • Profile photo of cashflowcashflow
    Participant
    @cashflow
    Join Date: 2003
    Post Count: 3
    June 22, 2003 - 1:41 pm

    Hi everyone, i’m James and i only found this forum a week ago.

    I’m a single guy aged 29 and i live alone with my dog “Fudge” in Albert Park, Melbourne.
    I’ve been investing in property since i bought my first IP when i was 19 and i’ve now got 6 IP’s worth $3m, mostly period houses which i enjoy renovating.

    They’re all starting to become cashflow positive because i’ve paid off a lot of the principle and now have a LVR of about 40%.
    I’m into buy and holds with capital growth being my main criteria because i know it’s the basis for real wealth. Nothing wrong with cashflow positive properties but they’re so hard to find now with the market being over-priced, and i don’t like buying cheap houses in country towns.

    I also like to dabble in shares and have been pretty lucky with my trading.
    My aim is to retire within 5-7 years and live off my rental income while i travel around South East Asia and the Indian Subcontinent doing volunteer work in orphanages and meditation retreats.

    Profile photo of cashflowcashflow
    Participant
    @cashflow
    Join Date: 2003
    Post Count: 3
    June 22, 2003 - 1:21 pm

    That’s a big call Quentin, i hope you don’t work for him! [:D]

    Only kidding!
    I’ve also heard great things about Steve Navra and really want to attend his weekend seminar but they’re hard to get into, often getting booked out months in advance.

    The major difference between Steve and most other advisors/seminar presenters is that he walks his talk and he is super honest with a high standard of ethics. I’ve also heard he’s worth a lot of $$$ and is happy to show others how he did it through his seminar.

    Cheers,
    James

    Profile photo of cashflowcashflow
    Participant
    @cashflow
    Join Date: 2003
    Post Count: 3
    June 22, 2003 - 1:07 pm

    For those interested in a Sydney get together, have a look at the other property forums at MSN and Jan Somers – they both have active groups that meet regularly.

    The MSN is at:
    http://groups.msn.com/PropertyInvestment/messageboard.msnw

    The Jan Somers forum is at:
    http://www.somersoft.com/forums/

    Both of these are excellent forums, especially the Jan Somers one which is undoubtedly the best in the country.

    Cheers,
    James

Viewing 3 posts - 1 through 3 (of 3 total)