Help me to help you!
It seems to me that the year only just started yesterday.
It’s amazing that we live in a country where we can take off a whole month and nobody will notice.
I’m not complaining. I felt like a school kid on holidays (six weeks, and enjoyed every minute).
But whilst on the break, my mind was turning and planning the year ahead… and I had what you call a blind flash of the obvious.
Here I was, planning 2010 and hit me…
> Why don’t I ask YOU what would you like me to help you with this year?
What I mean by that is, what is YOUR FOCUS and what are YOUR GOALS for 2010?
The more I know about what you want to achieve, the more I can design this year to HELP YOU.
Now, you can post your WISHLIST as a comment below.
Be as specific as you can be, this will help me in bringing to the table the exact information and experts you are looking for.
Indicate whether cash flow is more important to you than building equity.
Also, whilst you’re there, answer this question…
> What is YOUR greatest frustration when it comes to money?
That’s it for today. I thought I’d ask you before I start locking things down.
Signed with Success,
Jon Giaan
Knowledge Source
P.S. Here’s a thought… Participating in this social experiment could lead you to a more fulfilling and prosperous 2010. Come on, give it a go!
Hi, I am looking to take control of my investments as I am disappointed with my current progress. I have a share portfolio, a reasonably sized superannuation and 2 investment houses but I still feel that I am getting nowhere. I would love to retire in 5 – 8 years so I need to start getting on with it.
Hi there,
We have 2 investment properties which are negatively geared & costing us around $450 per week along with our mortgage. This was fine while we were both working full time. Now we have a young daughter so I am working part time. I’d like to offload one of the negatively geared properties & replace it with a positively geared one. So, some information on area’s to invest in for postive gearing (but still with predicted capital growth) would be FANTASTIC.
Thank you,
Monique
We have five renters in Melbourne’s innerish north. What I have learnt over the last ten years in looking at renters is that positively geared, or close to it, is out there, but you really have to hunt. Student areas (in our case, Latrobe University) are a major ticket for higher rents.
Also, we want to combine our business (small and off beat training org) with property by leveraging our new rented CBD site into a CBD investment to owner occupy for ten years or so, then as an income property. SO, all you business owners, don’t forget that ‘rent’ for your business can supply you with what you want long term
pip pip
Julie
G’day Jon
In a nut shell I am basically sick and tired of working 12hrs a day for someone else. I would like to spend more time with my family and work hard for
MYSELF instead of making somebody else wealthy… So far (I am 43) we are not in a bad position but surely there must be another way than what I am doing now !!!
Kind regards,
Paul.
Hi Jon,mate i have lost everything,married unsuccessfully twice,started all over again,had a truck business was doing well up until eighteen months ago,customers went under and all of a sudden i had no job.I sold the truck for a fraction of actual value.Now i have a permanent full time job and around $9000.00 in the bank.Can I be helped?I do not own a home,so basically i have nothing to offer simply myself can anything be done?Thank you for your time to read this,take care.
Hi Jon,
I’ve been an avid reader of your emails, and attended a number of seminars over the last 18 months. I’m currently still in a full time job, have our own home and a couple of IPs that are negatively geared. I have a ton of equity, but little spare cashflow left to continue to make it work.
My goal for 2010, is to find at least 2 IPs that are positively geared, to help contribute to the negative ones, as they are in very good capital growth areas.
I’m also building a business to provide SEO and SEM services to small business, as I spent some time working with some affiliate marketers from one of your seminars. So far I have picked up a couple of clients, and am making progress, but slowly at this point.
My key areas for assistance would be, 1) Finding positively geared properties, 2) help in growing the business.
Here’s to everyone’s success in 2010.
Jason
Would like to acquire +ve cashflow properties to replace my current income.
Hi Jon,
Well I had great plans for 2009 I am just not sure were the year went, I built an investment property, this was simply for equity, funnily enough it is not quite finished and here we are in 2010, I started trading my only problem with that is time. I am not complaining, but I have too much work and no time to do the things I would rather be doing. My greatest desire was to get my pilots licence and use it to please sick kids. With all good plans made on how it was going to happen between property and trading, I fell into the hole of not enough time to implement things to earn the money I needed to do what I wanted. I work and study long days and mostly 7 of them a week, I am still studying accounting and am half way through my pilots licence. My greatest frustration is that I can’t earn the money I need/want without doing the hours, leaving no time to do what I want. I do want to get more involved with property, and would love to get involved with Dymphna. Cash flow is important but stability, equity and growth come a very close second.
Goals are simply, replace current income leaving me with time.
Set up a couple more investment properties that simply look after themselves.
Look forward to hearing from you
Thanx and best wishes
Melissa
I am a novice and at the starting point of the investment journey.
Your emails challenge one to do something however for me it is about the process of getting started – where does one obtain the relevant information.
From Dymphna’s presentations it seems one requires protection from the start – where does one find out about establishing trust funds, deciding which is the best trust fund, do they require specialists to be setup or can they become diy, etc.
What are there any key points that one looks for in investment properties and where does one find the supporting information to make appropriate decisions.
Hi Jon,
I’m a 31 years old female and I have a chronic (genetic) illness that is getting worse by the day. This illness causes great fatigue and muscle pain among many other things. I am currently working full-time for a university doing a job that brings me no satisfaction, in order to support myself. I constantly worry about money and job security…. as my condition gets worse and I struggle with every day things I seem to require to take more and more time of work.
My wish list for 2010 besides finding a way to improve my health, is FINANCIAL FREEDOM – as in plenty of cash flow and some property. I want to have the means to travel overseas and visit my family, which I have not seen in 4 years and also go to America and participate in a new experimental treatment that may improve my health.
I have no property, I have no capital to invest and have several loans to repay that I used to support myself while studying at university.
For the last year and a half I’ve had a dream… of setting up an online business importing goods to Australia. I have started doing some research about requirements, permits and costs of the importing side of things. However, I seem to be stuck and feel overwhelmed with the whole thing.
Any insight or direction would be greatly appreciated.
Thank you for your time and interest in my wish list.
Isa
Hi Jon,
Just to reply with regard to my 2010 goals list.
(a) To further establish a business in self improvement based on the niches of spirituality and their investment strategys
(b) To generate enough cash flow in order to raise a sufficient amount for investments in real estate and stock in asia.
Presently my greatest frustration regarding money is to find a way which will allow me to put a deposit down on some land and invest in the share market in asia.
With that in mind I would like to ask you Jon, if you may have any ideas regarding
reliable methods of generating cash flow within lets say the next 6-12 months.
Any information would be much appreciated
regards Greg
Hello Jon:
Some time is difficult to explained what people thinking in relation to some. problem.
I am 100% sure that one of the good to have a good retirement is investing on property, but after my experience is difficult start again.
About 2 years ago I received the visit of one of my friend who at this time was working for a company which offer the investment property business. I said he was my friend, at the end I was confident that I did a good business but surprise surprise. The business was a scam at the end I buy a investment property but my house was touched in the way that I have a big debt that before,
I know at the end the investment property one day would be increase the value the way I will recover my lost.
As a said before I still think that the investment property is the way to have a good retirement. I know at this moment is difficult for me stated again, I have wait for 2 more years until the fixed interest is finish to looked to buy another investment property.
If you want to help me please answer honestly the following question.
My wife and I we have debt for the wrong investment, plus the new air condition plus the $12,000.00 patio and 2 credit card, do you think with all this debt we can started again with this business (our salary combined is $120,000.00 per year)?
Thank you jon
Sincerely
Carlos
Hi Jon,
I want someone to teach and mentor me about Forex trading. I have been to various seminars but what I need is a personal coaching for the initial period. Do you know someone genuine who runs personal coaching sessions or have a personal trading floor in Melbourne.
I am also interested in stock market and property investing but again need a mentor for initial stages who can practically help with the first few transactions or deals (Even one deal would do for me) until I build my confidence to do everything on my own.
Seminars are good but I don’t get the confidence to risk my savings on a theoretical plan. So a mentor or a guide to get me through the in stage would be a huge plus.
Hi Jon, Interesting & informative emails. Keep them coming.
Feel a certain kinship when I read your story; no money and had read all the Kyosaki’s and such about 10 years ago.
Now, has invested and made money.
My situation is a little different.
Like the lady up the top of this list, there’s just no programs that get people to “walk you through” the steps to successfully invest.
Whether it be real estate, shares or whatever.
I’d like to get a place down Gippsland way and sell again around August.
I believe prices down there are going to surge this year and I’d just like some spending money to overseas with my partner.
With precious little capital , how much do you think it would take to “get in”?
Thanks & regards
Ross
Hi Jon
This year I will be attending one of Dymphna’s three day courses regardless of my work roster.
I aim to buy a house to live in, and looking at purchasing more in the future.
Having another income preferably from my own buisness.
Increased cashflow.
Many thanks Karl
Id like to get a positive cashflow website up and running to help me invest in if possible 2 more properties. Eventualy id like to quit work and just travel while im still young
My main goal this year ,at this point I believe it will be toward the end of 2010, is to actually purchase my first investment property. I believe however that it is more likely to be an overseas purchase as it it almost impossible to achieve a positive property in the Australian market.
With that in mind I am interested in advice to avoid all the pitfalls, how to set up a trust fund and why, effects on tax here in Australia should the purchase be in countries such as NZ. USA, France etc. Also WHO are the likely lenders that will favour large deposits yet small income.What is the best method of setting up my first mortgage to ensure as time rolls by I don’t get caught out by being to mortgaged and unable to borrow more, ie: HOW DO people end up with 72 investment properties in 3yrs unless they have squillions to begin with. We hear the stories all the time but no one ever gets the nuts and bolts of their stratagey.
For myself I am trying to do this without touching any equity in our home as my husband has no wish to purchase investment properties. I am unsure how the lenders will view this, however I am determined there has to be a way and with the right help I will finally convince him this is how to fund our future .
goals 2010
sharingdavinci.com – have first product on line by 13 February
finish my book “Granny in Blue Jeans” and find a publisher
accumulate cash flow to invest in possibly usa?
keep educating myself
do a rough book draft of Rust and Mosiac
persue and search for more website products
run a new zealand business via internet for my husband in nz
continue caring for my grandson in melbourne 2010
I have had 3.5 million dollars…my goal is to “get it back”
To work with only people that can be trusted
I would like to make enough money to support my mother in old age,brother & sisters if they need it . My wishlist is to become a better salesman ie find the right words as well as selling & to finally hopefully sooner than later have a WEBSITE that also pays ,well if possible.
Hi Jon
I have an investment property but being on my own finding it hard to buy a PPR would like some extra cash income to do this I am a good budgeter so don’t waste money please need ideas on gaining extra cash please help
Trudy
Jon,
We have one IP ( NEG Geared ) +Home equity & funding, we wish to purchase, renovate and sell three properties this year for a profit hopefully of approx 75k, (getting near retirement and need more Super, any help would be greatly recieved, we are setting up company & trust for protection & cash disbursment but need help with actual selection of property proccess and budgeting of costs.
thanks Graham.
Hi Jon
I am 41 years old a single mum with two children 12 & 10.My goal this year is to increase my cash savings significantly so that my partner and I can purchase our first home.He works fulltime and I am looking for work we have $30k saved how can we increase our cash flow.
Thanks for your help!!
Karen
Dear Jon,
Thanks for the opportunity to share. It’s amazing reading the responses. I would like your help, to understand money. I have always struggled financially and although I work hard, it’s been a life of survival and frustrations.
This year I will concentrate on my strengths and utilize what I have in order to better create wealth. I am, amongst other things, an artist and one of my goals is to compile and send a painting portfolio to Germany, U.K and perhaps galleries in Asia- Japan, Korea, China. I will also open my studio as an exhibition space starting in March, for up and coming Australian as well as international artists, creating interest and most importantly, cash flow.
I would also like to save funds to put towards a coffee cart to establish in a park next to where I live, thus creating cash flow and in doing so, equity-hopefully.
Other than that, it’s about being positive and open to opportunities and I’m thankful for all the help thus far. Thank you.
Best regards,
Stefan v.R.
Hi Jon,
Cashflow is the big one for me. I have a couple of investment properties but they are negative for cashflow. I did have some shares but couldn’t hang on in the gfc and so lost out there. So I am back to rebuilding and cashflow is important. I think I should aim to hang on to the properties if I can but now the banks have tightened lending criteria I don’t have any equity with which to pursue other investments. So cashlow is looming large as a priority!
Regards
Garry
Hi Jon, Im a freelance camera operator in the television industry.
The money is great, but when the work stops, so does the cashflow…
Im currently in 40k debt from starting up a business that is just not seeing me gain my goal income. I have great ideas that im trying to get sponsorship for tv productions and this is where I know the money is!! Its just this period that im completely struggling with even putting the food on the table for my family.
As a reader of money magazine, I am seriously trying my best to get financially secure, my problem is this… my industry it is very expensive, yet every client wants so much for there dollar “fair enough” however It is proving to be a massive challenge to secure the workflow.
I need to get out of debt because the repayments of even such a small overdraft are hurting our financial situation.
Cheers
Brad.
Hello jon,
Well some of those stories were really interesting,I hope it’s not to late for me,i am currently trying to sell my house, and buy another property,and use the equity in that one to buy my frist property investment,while trying to secure a better job with more income,and go from there.I hear stories all the time don’t sell,don’t sell,but in this instance it doesn’t apply.I love the emails you send they keep moving forward and positive i look forward to hearing from you once again.
Regards Patricia.
Hi John, you have so many to go through now I wont bombard you with another one – just keep me in the loop.
Gay
Hi Jon,
I would like to get a better understand of the process and agencies/people that could help and provide assistance with subdivision and property development in general. The articles that I have read so far appear to be generic with no specific details. It would be good to see a typical feasibility study and costing templates, a generic guide to property development, do’s and don’ts, identification of no-money down deal, option deals and a summary of risk from a developer prospective.
I don’t think that I am alone in wanting this type of information and would be a popular subject to cover.
I’m currently in the first steps of setting up an online business and looking at a couple of bricks and motar real life possibilities. I have had a lot of great advice and resources for the online business but I stall at assessing the risks involved in real life on the street businesses. Online the costs are much lower and the risks are much more managable. What are some steps to assessing the risks of starting up or taking over a real world business?
thanks,
Daz.
Hi John,
I am 23 years old and currently am studying full time at Uni and running my own small business part time. I am finishing Uni break before completing my final semester but I have spent considerable time researching and attending seminars in my break to supplement my education, as I have found doing a business degree does not actually teach how to start and run a successful business, but rather teaches how to be a good employee. I grew up in a low socioeconomic household but have somehow managed hold an ambitious and “anything is possible” mindset.
This year my goals are:
- to sell my negatively geared property and invest in property with positive cashflow
- Begin a trading portfolio to trade CFDs
- Learn more about how to build a successful big business
Information regarding my goals will be of much benefit. My goal is to be an entrepreneur with my own global business. Please provide information on entrepreneurship!
Regards,
Michelle
Hi Jon,
The sort of information I require now is
1)HOW TO INCREASE MY INCOME WITHOUT OUTLAYING ANY MONEY.
2)HOW TO BE IN CONTROL WHEN EVERYTHING IS OUT OF CONTROL.
Regards
Richie
Hi Jon.
I would like to start a property portfolio in 2010 and am renting at the moment.
I currently work as a sales manager and am extremely driven.
Thanx for your time.
Regards
Paul.
Jon
I would like something that will not take too much time because I find my time very limited as it is. My current job is time demanding and I less time with my family than I would like.
Ideally 0.5hrs per day, someting simple to get started. Any recommendations??
I have also read quite alot about wealth creation (eg shares, real estate, internet etc) but I find it hard to actually start applying some of these things. Maybe fear of failure????
Please outline simple systems etc that work.
Thanks
Steve
Would like you to pull together a syndicate to invest in cash flow positive properties, whether they be commercial or residential.
Hi Jon – In terms of USA how much due diligence can be achieved at home & are there many lagitimate Websites that you could recommend ?
Hi Jon
Hubby and i have 3 kids almost teenagers, I am 34 and he is 35. Our crane company, over the last 12 months has all but collapsed. I work fulltime as a bookkeeper and hubby works alongside the cranes in training and assessing. We own our home in Ulladulla NSW.
2010 is the year.
We will get unstuck.
Live comfy again.
BUT how do we get started on the right track?
Gab
Dear Jon
Well i do not know how to start this , but i am wondering is this how can i turn $1000 in to 10,000 in a short time
I am unemployed and just do not have the capital to achive this
What would you recomend ???
Hi,
I am most interested in creating a semi-passive income steam from an online business / website or a business that can be run under management while still maintaining my career.
Secondly I am keen to invest the income from this business into positively geared property.
The aim of all the above is to uultimately create a passive income stream of approx $350K pa whlie at the same time having property investments that are generating good capital growth.
Hi Jon,
Firstly I would like to thankyou for involving myself and other subscribers in the process of planning your 2010 schedule and wanting to find out what is inportant to us all!
I love all facets of Property Investing (Not into the share market at all) But I guess what I am really wanting to focus on this year is Property Development and Internet based business!
I saw Carly Crutchfield speak at 1 of your seminar’s and I really enjoyed it, hope to see her again this year! I found your whole seminar great Jon, full of useful content!
My number 1 goal I would like to achieve this year is to complete a small development or DA! I would like to think that I could quit my current job in the not to distant future and just invest in property and do developments because that is where my true passion lies!
My greatest frustration regards money is knowing whether I am spending it in the best area’s, as there are so many books, dvds, courses, seminars etc out there that it hard to know which way to go as far as learning and forfilling my thirst for knowledge!
I have regretted not being able to get to your seminar’s last year, but that will change this year! I am told Brett McFall, Dymphna Boholt and Carly Crutchfield are very good so I would love to see any of them speak! Having said that Jon I trust your judgement on who who you get to speak and I look forward to attending your seminar’s in 2010!
I am an avid reader of your emails so please keep them coming!
Take care and thanks!
Scott
Hi Jon,
been enjoying your newsletters… I have had a few failed adventures, learned a lot and decided to start again. I have a few opportunities and a good feeling about this year.. I want to create two or three profitable and exciting business that will fund me to buy my first rental property this year , then I want to add a couple more each year and eventually create a passive income stream from several sources and have enough income to buy in my favorite area in Sydney and create a lifestyle that will allow me to travel and spend time with by family,,,. look forward to meeting up one day.
cheers,
Alan
Hi Jon
I’m a stock market investor and trader so for me anything on the Australian and world markets floats my boat..
Cheers
Shawn
Hi Jon,
Like David, way up the top of these messages, I too have some properties I would like to develop, but need to access around $600K for the first one to get off the ground. Would appreciate advice on how to go about finding funding other than banks, or JV partners for this sort of development and what is considered a standard interest rate for JV projects.
Think you’ve got enough material for a couple of years here!!
Warm regards,
Valerie
Hi Jon,
I have just been recieving all these great posts/ advises from you . I have to find a time to read through and digest them. My forecast for this year is to reduce my loan repayment and simultaniously upgrade my first Home and also looking at buying a low house ($ 15000) and later rebuit to $200 000). Who do I really get toachieve all these.
Kind regards
Cliff
Hi all worked like a dog for the last 10 years to see it crumble with the global meltdown would have made more money leaving it in a bank than investing in some great realestate. But no wanted more in life, negative gearing ( need positive) and debt is such a burdon that you become a slave to a job while trying to get ahead and your money just gets chewed up for and flushed down a banks drain. I would like to be financially free mmmm.I need training what does your product offer to get the experience i need not just a context opener that sits on the bookshelf! Adrian
just attended weekend seminar: investing in America
absolutely incredible
i have NEVER EVER been into worry about goals
either short term OR long term
however … after listening to Rich Fettke session
sunday morning.. me and my mate are into goal setting
BIG TIME
thankyou Jon
keep up the GREAT work
sorry you were too busy to talk to personally
i have a business selling USA mortgagee properties
going to Dymphna session on Gold Coast thursday 11th
Hi Jon, i would like to have help to get into the investment market to give me some income in the future. My problem is i am a single mother of 2, aged 10 and 13 and have a mortgage on my PPR of 193, 000 with an income of about 50.000 per year. i tried to start investing last year, but discovered that having a fized loan which i took at 8.4% for 5 years prior to interest rates falling, my equity is not available to me to use to purchase an investment property. (in a split system).
this made me think perhaps i should invest in housing in detroit, where i could afford to borrow the full amount and immediately be getting an income to pay it off. i have been too scared to make this move given the economic situation in detroit.
i dont want to be still paying my PPR off in my 50s, week by week and working as hard as i am today at 43 years of age.
regards, look forward to your help. Maryanne
Hi Jon,
I have just finished owning/running 2 business’ – although they where successful (a big learning curve and a degree in the university of life) I have been left with a massive debt – I have no doubt that I will recover and pay every bit back – I just want to do it quickly so I can get on to what I really want to do. I have virtually no cash flow. I am hopeful that I will have the oppurtunity to work selling real estate as I am good with marketing and sales (that sounds funny – considering the debt I am in) ahhhh weellllll………..
I love your emails
Thanks
Janine
I’m a 40something father of two – recently retrenched. I have about $15000 in savings, which isn’t going to last me long whilst I keep my children in full-time child-care whilst looking for work.
I need to quickly learn a method to generate income (from the internet or wherever); that isn’t going to take long to set up, maintain, or initially cost too much, but will have fairly immediate returns.
Ideally I’d like to be able to stay time rich (and not so money poor); rather than go back to work (time poor & money (at least something coming in)). However, I can’t see a way to do that.
Any help welcome?
My greatest frustration when it comes to money?
Generating it. If I was in the position where I had say $5000 a month ($10000 if my wife also quit work) – I could have enough money to cover everyday living expenses and would finally have the time to concentrate on making more money for little luxuries like, home renovation, gifts, donations, holidays, etc. Also it would be nice to have retire from work (read manual labour) with enough money to live on – maybe even work on topping up that superannuation account.
Once again any help welcome.
Thanks
Vance.
I would like to have practical advice about what suburbs and types of property to buy – even down to specific properties.
Thankyou,
Deb
I would like to read in your messages material with meaning rather than so much “padding” & absolute nonsense — over & over ,, on it goes. I only read it hoping that something of real value will come up.