Hi George, Your not the only one out there who is experiencing this. My wife and I own a Tattslotto shop in Melbourne.We do a range of different things:·         Dry Cleaning – Has slowed down·         Cards – Been very busy·         Tattslotto – Busy·         Gifts and toys – Up and down like a yo yo·         Jewelry – Very slowIts so mixed…[Read more]

HiI totally agree with you. I know people harp on about negative gearing "etc".  But one thing my accountant has pointed out to me is that if you have to outlay $300 a week from your own pocket to manage to the property your not going to get the whole $300 a week back from your tax.I think the aim of investing is to create cash flow not drain…[Read more]

Hi Intrigue,Hope you are on the right pathto getting your property.Mate just had a look at what you have been saying very intresting. I used to be a real estate agent but i only did it to learn not as a career. The moral of this is that every time you buy a property you are either going to pay to much or you got it for a bargin. Thats not…[Read more]

colinnewland wrote:
You can write up your offer in the following term: …this offer is open until date/time OR a shorter period should I recieve acceptance for any other offer.This allows you to submit several offers at the same time with the confidence that you will only be obliged to settle on the first offer accepted. Make sure that you also…[Read more]

Hi Tim,I was working as a real estate agent for 3 years. I was top 60 sales person withing a network of 500.I started at 24 years: First year i was earning 60k – Including retainer and commisionSecond and 3rd year i earning 90 and then 110k.I was learnt in real estate was this;1) The more you made the more expenses you had: My fuel bill every week…[Read more]

Hi Benni,Mate where all here to help over the years these guys have all provided with so much information and i wouldn't be where i am without people from here.So its good that your being humble and asking for advice. Mate im only 27 one lesson i have learn over the years is this.Do you believe that your Motor Bike, Cars and etc are assets .To me…[Read more]

Thank you every one for your advice.Last night i started a spread sheet it should take me a couple of days to really get this done. It was good to see after doing some figures that in 8 years time we can reach these goals pretty comfortable.But the good thing is that in life things always change so as long as we change with what is changing then…[Read more]

HI HighrangerMe and my wife have decided not to have kids!!!

Hi George,

Wishing you all the best for the future. I started young to but does not matter what age you start as long as you start some where.

I started working at Mc Donalds at 16 bought my first IP at 20 and my second at 23 sold my first IP last year making 185k

Profit…

At 26 my finance and I have moved out of home and i hardly have a…[Read more]

Hi George,

Wishing you all the best for the future. I started young to but does not matter what age you start as long as you start some where.

I started working at Mc Donalds at 16 bought my first IP at 20 and my second at 23 sold my first IP last year making 185k

Profit…

At 26 my finance and I have moved out of home and i hardly have a…[Read more]

Hi George,Wishing you all the best for the future. I started young to but does not matter what age you start as long as you start some where. I started working at Mc Donalds at 16 bought my first IP at 20 and my second at 23 sold my first IP last year making 185k Profit… At 26 my finance and I have moved out of home and i hardly have a mortage…[Read more]

Hi Guys, I understand we can all find better rates. But there still going to go up? So what ever you pay know is going to go up any way thats the point im comming too. Is the market a bad time to invest in?

Hi Guys, Intresting Topic.I have read a few books by Robert Kiyosaki. I just bought one called retire young and Rich. I read the whole book and i was a bit confused. So i sat down and had a look at the book again. The first page acutally says that this book was written before 9/11 and the GFC. IT was only published this year though.I see my home…[Read more]

Hi luke I will be looking into that but I need to wait another 8 months and the thing is I’m doing well because I’m focusing on one and untill the shop is running at a sustainable level then I will buy another one

Hmm thanks for that

Thanks guys I know I work hard at the moment but I wouldn’t mind doing some thing on the side to earn another 250 a week so I can put this extra cash on the loan anÝ idea

Cool thanks I’ll have a look at this over the next couple of days . At least by paying of my home loan I will have more cash flow to invest in other ventures
Well once the bussiness gets more steady I will pump my wage. On a postive note my fiance is going back to full time work so will have access to more cash to pump the loan

HI Andrew thanks for your help i cant wait to see other people feedback as well:)

Hi Southeastoz its good to see there are young motivated adults like your self.  My theory in life has always been to "just do It' and give it your best shot. In my opionion use your motivation and time know. I think school is good if you want a have career which requires a degree. I did uni for two years but once i bought my first IP at 21 i d…[Read more]

ryan mclean wrote:
I run a myriad of online businesses. My most successful being cashflowinvestor. It's a property finding service. What type of business are you thinking of running? Starting part time is a good idea as there is less risk. That is what I did

I have a few different ideas: on the cards just to need really sit down and commit.are…[Read more]