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!
Michael Harman says
Positive cash flow is important to me. I have a number of negatively geared properties, that together with growing teenagers, chew through my cash. I need incoming cash, using equity, to give the growth properties time to do their thing.
Daniel Warwick says
Hi Jon,
To give you an idea of my current situation I am 27 years old, getting married in 12 months, have a mortgage in the home I live in with equity of around 150k. I have an investment property in Carrum Downs which I have equity of around 80k. Total equity 230k, total property value 950k.
Over the next couple of years I want to continue to build my property portfolio with the purpose of both capital growth and rental income. My two properties are both in the Mornington Peninsula so my next investment property I would like to look closer to the city. Not exactly sure yet on home v apartment and west v east of Melbourne. Any thoughts on this would be great. Preferably I would like to get another investment property between the 400 – 500k mark around July this year. A lot of media is saying that next year the property market will continue to increase whilst this year it will be bit quiet. I would like to get one more property before marriage and kids as after that I will need to take a few years off. One issue I have is that I would like to avoid mortgage insurance so I need to continue to pay a bit more from my home loan. At the moment by LVR is around 29% and I need to push that a bit higher to stay above 20% with the purchase of a new property with no deposit (which is my preference).
Hopefully by the time I am 40 I would like 5/6 investment properties, have the equity to move from my existing house to another upgraded house and have positively geared rental income that supports my lifestyle.
My strategy is definitely long term and to hold onto properties for as long as I can.
Thanks,
Daniel Warwick
David says
What is the quickest way to start generating some form of income (anything !! even $5, just to prove it works) from the Internet ? If you had to pick/recommend something what would it be ?
Les Power says
I would VERY much appreciate a direct talk with you Jon. I have an investment accounbt, and wish to get advice from you and a couple of your other experts. I have previously sent an email to you with comments, but I learned you were on leave.Love to speak with you at some time
Love all of what you do
Kind regards
Les Powerr.
Pamela says
What is YOUR greatest frustration when it comes to money?
I DON’T HAV E ANY!!!!!
Richard Affannato says
Hi Jon,
This year I am focused on building my business Hyper MP. It is a solution designed to help the Hollywood Movie industry monetize their video’s across P2P and BitTorrent networks on the Internet.
More information can be found at http://www.hypermp.com
If you could, I would certainly appreciate any help you can provide to inroads to Hollywood, or any local video content producers in Australia.
Keep up the great work, I find your insights most informative.
Kind regards,
Richard
Thelma says
I wish that I could find a property presenter who actually promised what they preach – and that is to help with investing in property. I think a good idea for a seminar is to get a group of people together and actually purchase an investment together and ‘do the do’ so that one is actually learning on the run. I have paid for expensive courses/programs and still not got the nerve to do it on my own. I feel a lot of people who attend these seminars need personal guidance and that is something that presenters do not provide.
My husband and I have an investment property (small loan) and a PPR that we own outright. I just need to find the right people to invest with.
Regards
Mrs Whitbourne
Patrick says
Hi Jon
as far as real estate goes we just upgraded to a lovely old house on an acre with no neighbours that we got for a bargain ($470K). our mortgage is about $350 or so.
Unfortunately we had to sell our old house to do this, but this move was more about getting extra room for our kids than a purely financial decision.
The nature of this house and the price we got it for means we will most likely experience significant captial gains on this property in years to come, we also plan to do some additions and renovations to the house, sheds and gardens which will also increase its vaule.
I would like to look at using whatever means possible to get into more property when conditions allow and create some positive cash flow from those properties as well as capital growth. My immediate aim is to supplement my income from working and eventually replace it with other means.
My wife and I have, over the past couple of years, shifted our mindset away from the ‘get a good job and stick with it’ mentality with the result that we have both started our own businesses and started a share portfolio. I am also looking at using the internet to make funds too.
We definitely want to be well and truly self funded retirees well before we reach the ‘normal’ retirement age. I am 37 and she is 43.
thanks
Pat
sonia rigoni says
Hi Jon
This year I’d just like to really educate myself about where to put some money and then to have the confidence to follow through.
I’m going through a divorce at the moment, working part-time, have two young kids, bought my first home outright for $180,000, spent 10k on it, now it’s worth $250,000 and I’m getting $275 rent for it, the highest rent for that particular area, and have also started the process of subdividing that block to build another house on. I have another 90k in the bank and now I’m agonising on what to do with it because it’s my whole life. I love the idea of buying in America but once again I’m pretty tied to my kids and don’t have anyone around me who is really forward thinking when it comes to financial matters.
I guess I’m really looking for some specific direction, and advice that I can think about, evaluate, check on, and then act on.
I’d like to build up my rental properties and also my capital growth, but don’t know how far I can stretch myself to do so.
Living in Adelaide, unfortunately there are not as many seminars to attend, so some more events here would be really great….
Thanks for the emails,
Sonia
Oliver says
I would like detailed information on financing deals please.
Last year I bought DVDs from you on property investment. In those several suggestions were made about doing deals with little or no money down. I acted on this and got a vendor to agree to a deal, only to find that lenders are quite unwilling to provide the finance.
After the frustration of trying several lenders, I emailed knowledgesource, Boholt’s organisation, and MyIntrye’s organisation. I didn’t get a response (not even ‘sorry we cannot help’) from any of the three.
I have not given up and have seen 2 more financial institutions in the past week. In my case the vendor agreed to give me 20% of the purchase price interest free for 3 years, secured as a second mortgage, with 80% coming from a lender who gets first mortgage. All I have to come up with are the acquisition costs.
I did find some stuff in McIntyre’s eBook on how to prepare your presentation to lenders. That has been good and made the last 2 appointments easier, because I had a lot of what they wanted for evidence, at the ready. But I still don’t have the finance approval.
So help with financing deals would be good.
Thanks, Oliver
Linda says
Hi Jon
I live on a farm which we bought in the driest year in 2006 and have survived till now and it is just horrible trying to get paid for our produce. We have lucerne seed we reapt 12 months ago that still is in storage as we have not been able to sell it. Within a week we are going to reap the next lot of lucerne seed and our market is still unknown. The prices for our cattle are the lowest they have been in the time we have been here $1.60 kg compared to a high of $2.10. People are ringing every day asking when they are going to be paid and I don’t know how long we are going to survive doing this. So I would like to be able to sell my produce so I may keep my property and get to retire and have some sort of income stream to live on when I get to retire instead of living on a pension.
I would like to travel to Estonia this year to visit relatives I haven’t met yet and maybe be there for my aunties birthday who will be 90 and I have never met.
I want to be able to ride at the shows this year with my horse and be happy doing it in a style that should enhance him and not put him down due to my lack of my.
Wow so many things plus there are more coming.
I have already had reactive depression and still on medication and seeing specialists to help me cope with everything.
I have looked at so many ways of trying to get extra money coming in that my head is spinning. I have read books that I need to stop focusing on money but when it takes up most of your day and you keep on getting reminded it is difficult not to think about it.
As you can see I am trying but not getting it to happen. Maybe I haven’t learnt the lesson yet.
All help will be gratefully accepted.
Linda
Australia
Joanne van der Heyden says
Hi Jon
Ok , thats a big question.
The aim of my partner and I was initially , and still is – to build assets (property) for a comfortable retirement.
However going to some seminars and reading e-mails etc, has made me think that I can do better than that and build some considerable wealth – mostly thru property (as my partner is very suspicious of the stock market.)
Late last year I gave up my job of 15 years and i`m enjoying not working immensely – and would like to replace my previous income without working! Or rather without doing the type of work I was doing.
We have considerable borrowing capacity, but I want to use it cleverly and wisely. While the seminars are inspiring, they also make me nervous about the things I dont know and could be doing better.
What do you recommend?
Regards, Joanne
Windsor Zhang says
Well my goal for 2010 is to buy a home with my partner in Sydney for the value about $550K. I am 52yrs old, divorced woman, working full time, now live with my partner at a rented unit. I have bought 4 investment properties all by myself in the last few years, total property value is about $1.3M with loan of $750K. I found very excited about purchasing more properties and see the capital growth over the years, but only one thing concerns me that is the cashflow. I find it hard to keep the mortgage payment expecially when the interest rises. Tenants pay for the most of the mortgage payment, plus the tax refund, but still I have make the shortfall. So if you can teach me how to keep the payment and have a healthy cashflow, I would like to buy more. Thank you.
Sonia says
Hi Jon
At the moment I am very confused and frustrated. Things have not been going very well and everytime when I try t turn things around something happens. My goals for this year, Well I purchased two blocks and I am hoping ot build some investment properties on them. I have refinanced my loan and I thought the smartest thing to do is do consolidate all other tihngs so I increase my lona. Couple of years ago I invested ina company that i had full trust in the person so I lost 120K as the company went bankrupt so I was frustrated that rather than oweing 120k on my loan I know owe doubel that maount. But I thought what the hell I am going to jump again and I decided to get two blocks build ont hem and now I am at a dillema as to should I try to sell them straight away or rent them out and keep them. My intention is once I have finisahed the tow hosues is to get another block that i can subdivide in a inner suburb closer to the city and build town houses. I dont seem to have lots of money as my husband is self employed truck dirver and it has been hard and I am frustrated. My greatest frustration when it comes money is the fact it is never enough. I would like to increasem y cashflow a little bit however I dont know where to start. My aim this year is to finilise the properties and start on another new project and I wish that my situation changes and I have a better year than last year.
scott darby says
Hi Jon,
2010 must be my year !!!!!
I have procrastinated enough over the past few years.
My situation is I have my PPOR in QLD purchased around sept ’07 and an investment property in Tamworth NSW purchased around Jan ’06.
This year goal is: purchase 2 more investment properties (positive geared).
The area I need advise is with my LVR currently around 90%. My bank tells me I am basically fully leveraged restricting further loans for investment property.
Unfortuantely the investment property property (Tamworth) which was first purchased as a PPOR has not performed well in terms of capital gains. Selling this property at current market prices for this postcode would not see me clear (white elephant). Unfortunately my knowledge or strategy has changed since this purchase and I am only intertested in positive cashflow properties moving forward.
I have invested time and money recently in material such as books Rich Dad Poor Dad series of books, The magic of thinking big (David Schwarzt) Grunch of Giants and Think and Grow rich in property (Stuart Zadel). I have also become a member of the real estate investar site enabling me to utilise the search engine for investors seeking specififc invetment properties.
The issue I keep coming back to is finding a lendor to service my loan to purchase firstly 1 positive geared property and then later in the year a 2nd positive geared property.
I have found properties listed with vendor finance etc that maybe my only option.
If you could help me in any way it would be how to arrange my position to further enable loan approval for further investment purchases.
I continue to enjoy your emails and find motivation from your notes. In particular an article from late last year regarding making money your number 1 priority. This has always been my number 1 priority since a young teenager, however the priority has been there all along………..the drive or “taking action” has not been there. I am now trying to change this.
2010 will be my year…………..I just need to get over the hurdle.
Your assistance is appreciated.
Regards,
Scott
Jasmine says
Hi Jon.
A little background on myself….
I am a 24 year old in a relationship of nearly 5 years with one independant aged 2 (nearly 3).
The thing that frustrates me the most about money is that you (well I anyway) never seem to have enough of it to last. There is always something that needs paying on the very same week you get that money deposited into your bank account. (in one hand and out the other so to speak).
My goals at the moment are to gain enough money on a monthly or annually basis to not worry about checking the bank and seeing what has to come out to find out if i have money left to but my son a well deserved toy.
Within the next year or two i would like to look at purchasing our fist home as well as we are renting at the moment. This is a bit difficult for me to keep doing as i would like to (and am very keen on) redecorating.
If you have any solutions or knowledge that may help me in reaching my goals that would be greatly apprecaited.
Thank you and happy new year to you and your team.
Regards,
Jasmine
Greg Dimmock says
Hi Jon
What a great idea.
One of my long term goals I have been working towards over the past couple of years is expansion of my educational programs into other countries especially the USA, England, Europe and Asia.
I can see that the concepts and resources can easily be adapted to any country because of the number of companies in this field who could benefit from the physical products and downloadable products. There is also a hands on experience available to clients.
I have been running this program successfully here in Australia for 17 years and have had some sales from overseas.
What I need guidance and advise in is
1 taking it to the next step ( is it worth doing)
2 how to organise licences for others to operate these programs both here and overseas.
3 how to get products and sales information web pages translated to test market
I don’t expect this help or information for nothing.
Thank you for the chance to run it past you and look forward to your reply
Greg Dimmock
P.O.Box 775
Epping 1710
02 9869 1137
0413 771 557
[email protected]
http://www.dimmockentertainment.com
http://gregdimmock.uwcblog.com/
http://aswagfullofinstruments.blogspot.com/
http://speewahtheband.blogspot.com/
http://www.squidoo.com/education-entertaining
keith lewis says
My goal is to purchase a penthouse in Kuala Lumpur – Malaysia. I am 56yrs old and I own my property and the bank is only willing to loan me $220,000 loan and I need $400,000 to buy the property. I have about $534,000 in my super fund but I can only access it if I retire. Please advice where do I go from here.
Thanks’
Keith
CP says
Hi Jon,
My goals for 2010 are :
1. buy cash neutral 3 bedder in South East Queensland, mid 2010, cost $280 – $300k
2. get 20 year old son, full time student and part time casual, into his first IP in the next months. Looking at a 2 bedder in Syd in the $180k range. This will cost him around $42 per week to hold but my greatest frustration is the deposit – still need around $5000 to complte the $35,000 deposit.
3. Hubby was made redundant last year and is still in a contract role. Important that he gets back into full time perm role before we can start looking at SEQ..
4. We have 4 other IPs in Syd, Adl and Mel and our goal is have a positively geared portfolio of at least 10 IPs by 2015
5. Strategy is to buy and hold long term – hubby and I have another 15 years for retirement.
6. Increase share portfolio to about $50 k with a 10- 15% return.
Thanks and we will win !
Murray Helmer says
Hi Jon
What I am looking at this year is what is the best way to enter into the China Stock Markets – Shanghi and Hong Kong.
I have little expectation that the $US will keep standing this year, with more Sub-Prime loan balloons coming due, the act of God on the Western coastline, the armament sales to Taiwan etc…
There is no use going after Options/Stock in the US if when a profit is changed into $AUS, that due to the $AUS strength the profit has disappeared in the Foreign Exchange.
At the moment you can only get onto the Chinese market thru an intermediary, who has a stock portfolio which you enter into a portion of. You have to rely on their judgement with your money, which id fraught with danger.
So this is what I would like to hear, what is the best way to turn from the $US to the Chinese Yuan.
Regards
Murray
Sam Zagami says
Very very simple I am seeking start up capital of $1,000,000 to get back into a cash flow business and realise my my concepts and dreams. A hard task for me for last 3 years without providing security of a morgage or personal gaurantees. Attitude, Concept and business knowledge ready to go finding investor to share the dream a difficulty.
Happy for you to shed some light .
Cheers Sam
Sonia says
Hi Jon and to the people reading the email.
As you can see I have been frustrated and it shows on my writing. Apologies to everyone that is reading this. And in reply to the comment that Thelma made, yes Thelma I agree with you. I have been on few seminars however I just feel they are all talk. It is very hard to find the right people to invest with. People these days are too scared or perhaps too jealous if you want to make something out of yourself. I am also interested in finding people to invest and share the profits. Any money really is better than nothing.
Cheers and once again apologies for the spelling mistakes.
Hana-May Nock says
I want to get the bank off my back. They own us and it sucks!
We have plenty of equity but not enough cashflow.
I want to have enough income to keep us in the lifestyle we are accustomed to.
Hope you can help
Hana-May
Rosie says
Hi Jon,
I am a 48yo single mum of 2 teenagers. One is living with me in Brisbane and the other is living in Sydney. I am renting a house and don’t have assets. I am doing it tuff.
My short term plan would be cash flow so that I can then look into long term properties.
Not only am I paying for the rent here in Brisbane, but I also have to pay for my daughter’s share of her rent in Sydney as well as her living expenses and her education expenses as she is studying for the next 12 months.
I do not have any money put aside in a savings account – I can only just manage to keep afloat.
Is there any hope????
christa says
Dear Jon,
The focus for me is on how to start building a consistent, reliable investment/income source that is realistic and achievable.
I read your daily positive advice but I’m not sure where to start.
I have a mortgage, not much equity so what do you do to reduce this? and what other internet ( or alternative) income producing schemes really produce enough additional income to generate capital to create financial leverige to increase an individuals investment power. I’m attempting ebay.??????
There seems to be so many schemes on the market but they all require real estate equity to a certain extent. What are serious alternatives for those who don’t have that option availiable to them?
How about a list of easy steps for people to start building wealth assuming they are on an average salary?
Thanks for the good advice anyway.
Reagrds
Christa Robnik
Kris Bansal says
Hi This year is my invesment year. I would like to invest in properties/share and would like some extra cash flow to put in shares portfolio. Last yr I bought one investment property and want 1-2 more this year.
I want help in acheiving results I want frm this year.
les king says
i have just started a business and would like to increase the income frome this,but we are struggling with lack of money and dont have any free to advertise the business and we would like any help that is available
Glenn says
Hi Jon,
I would love more information and resources about generating income online.
Regards,
Glenn.
David says
Hi Jon
I have invested in WA property pre boom and used equity to buy more property. I have some holiday rentals in seaside locations that I need to move. It seems that these properties are not consumer targets and while they remain a burden I am missing opportunities as I am unable to borrow.
I also have development opportunities which require investor equity to get off the ground. Just small developments but I need $500k for each and stand to earn around $400k from each development. Without the equity I cant get finance.
So my goals are to-
Sell three holiday rentals and retire the debt.
Locate anvestor/s for 3 developments each requiring $500k (I can pay 20% interest for 18 months on the $500)
Regards
David
Greg says
Jon,
Similar to Michael H, we have 2 investment properties and a PPR. The investments have grown from negative to 1 pos and 1 neutral. With 3 teenage kids, I need some cash in from positively geared property. I have equity but no cash flow.
Thanks Greg
Mel says
Would love to get involved in some additional “simpler” ways of creating multiple streams of income.We have two investment properties & a healthy share portfolio but would like to create more “fun”money through ventures involving activities/positive cash flow.
Mark Victor Hansen & Robert Allens “Cash in a Flash” book & seminars have been quite a phenomenon across the US & they have really helped so many people develop inspiration & ideas to earn extra money without expensive courses & subscriptions etc.
So…how about PRACTICAL, cheaper, more accessible courses that are proven to help every day people create better lifestyles for themselves & their families using the knowledge & resources they already have (ie not having to spend thousands on seminars only to be completely overwhelmed and back to square one!)
Cheers….
Daniel Reynolds says
Hi John,
Thanks for all the emails. Sorry I haven’t spent the time they deserve following them up.
I’d really like to know how to buy and sell stocks overseas, and how to buy and sell futures.
Cash flow and equity are 40/60 in importance to me.
Never enough money to satisfy my better half.
Martin Watson says
Hey there!
I will acheive a passive income of $250,000 per annum
I will permanently lose 5kg in weight by June 2010
I will be the best father I can be to my two girls by taking a more active role in their growth and education
I will be (bad) debt free within 15 years
I will have learned how to ride a horse
I will win a live poker tournament
I will help those around me acheive their goals which will in turn help me to achieve my own goals
I will eliminate procrastination from my life!
I wish everyone on this post a prosperous 2010 and it will be THE best year of our lives!
john smith says
Hi John, Here’s my storey. Three years ago, I had an accident which left me with a severly broken foot,therefore unable to work, no income, no gov benefits.I sought to develop and liquidate my major assset, . After 2 years and 100k, I now have a 2500 m2 site, opposite a golf course, with d.a. approval for 24 x 2 b/r units, and 8 x 3 b/r penthouses.Look at the web site and you can see layout etc. My problem, as I persue an insurance claim for my accident, is that I currently have no income. The GFC sent unemployment up, and housing construction down. Two of the largest high rise developers/builders went into broke, and receivers are liquidating their stock, which is good for the future. My project is just to big for me to take it any further, and it needs someone with previous experience to make it work. I had it sold last year , but the GFC and credit squeeze, caused the deal to fall over.That developerhas come back again and is still interested , as he loves the site and design, as does everyone else who has looked at it.Even the guys in the planning dept. of the council think its great. My research, indicates a gross income from the project of 16 mill., and I want 2 mill for land,d.a.,project, everything, so there is a gross margin there of 4mill. Now 4 mill, is a lot to walk away from , but I realise that the developer has to make a good margim to run with it. The 2 mill I get will simply allow me to persue another smaller project that I have almost on the drawing boards. So there you go , thats my storey. Know anyone who knows a good deal when they see it???
Sam says
Hi John,
I currently have some spare cash and would like to generate some passive income so that I do not have to work anymore….
I am thinking of builidng my own house and then use the equity to build a protfolio of investment properties and shares which would provide me with sufficent cash flow to handle the school fees and growing teenagers…
However, I am finding it quite difficult to buy commercial or residential properties as the yields on them are now very low compared to the interest rate I have to pay to borrow from the banks. I do not have a regular job so I cannot negatively gear…
In this case, would buing blue chip shares be more appropriate?/Eg. buying Telstra or the big banks that are providing yields of 6-8% fully franked??
Thanks
Dympna says
Hi Jon,
I echo Rosies comments above. I am also a single mum with two teenagers struggling on a single income and supporting them through University. Their needs and the rent takes all my income and I struggle to keep afloat at present. I have never owned a property in Australia and missed out on the shared equity scheme because of demand and the cost of properties in Perth where I live.
I would love to get into my own home or at least start investing in property for my future. I am now 50years old and feel that I have missed out because I had to take the responsibility to care and educate my two children for the past 12 years since separation.
Thanks Jon.
Lisa says
Hi Jon,
I have similar frustrations as the guys above. I am absolutely raring to go and would ike to build my portfolio as quickly as I can, but have a cash flow problem. I have done Dymphna’s 3 day course and also feel that the general information is given but not the ways around problems. I only have 2 property’s at the moment – the one I live in and another on the Gold Coast, but only have about $80k to play with. Being a single female on a pretty basic wage, the banks won’t even look at parting with anymore money for my plans. I am attending the seminar in Sydney this coming weekend on investing in the USA as I thought even with $80k I could buy another property in the states (I do want a property in the States as part of my long term goal) but feel this will affect my cashflow even more. I learn very quickly and feel if I could have assistance with the first steps I am more than capable of continuing the process. I would love your help.
Thanks Lisa
violet says
What is the quickest way to start generating some form of income (anything !! even $5, just to prove it works) from the Internet ? If you had to pick/recommend something what would it be ?
hossein says
Hi dearest
I don’t know what i say , I can tell you i have a new company on tour & travel and i spent alot about that . i should have enough money for managing this work but i don’t have any .. . I am disabled to manage my job. I need lots of money but i don’t know how it is possible
Thanks
Hossein
Laura says
Hi Jon, I dont want to work for someone else anymore! I want out! now! 😀
Luckily I love property and I have 4 IPs. But they are all negative geared and it’ll take about 8 yrs before they can produce enough income to support me 🙁
Then I saw your piece on USA property foreclosures and started investigating for myself. The more I researched, the more I wanted a piece of the action! I’m going over in April & May to purchase. I’ll be going to a different State to most Aussie investors, but still has really amazing bargains.
I’ve been researching heavily for 3 months now and find that there is such a lack of info about investing overseas. I dont mean just the basics of how to do it, I mean how to avoid the pitfalls like being ripped off by dodgy property managers, how to make sure repairs are done properly, etc. People’s stories – good & bad.
Also, I’m approaching this like a business and I’m trying to write a business plan, but its not going very well. I’d be interested if you and other property investors do this, what your process is and what it looks like.
Cheers
Laura
Maria says
would like to achieve a positive cash flow of $500 per month.
EC says
Hi Jon, my request for help is very simple – I would really like to own my own home and be financially independent. Have thought about the on-line business/eg Ebay etc. and have many ideas for projects but just don’t know how to get them off the ground – that is who to help me. Please help,
EC
Larry Ahgow says
Hi Jon, I do really appreciate all the hard work that you have put in to helping others and for that I would like to say Thank You.
With regards to my goals for 2010 I do want to achieve financial freedom and I have been attending many of the seminars you have introduced to me. Though I have gained a great deal of information from them I would like to stop just going to these seminars and find a system or a path to create wealth. For the past year I have really immersed myself into studying Internet Marketing and I have spent a fair amount of money doing so, yet I have not been able to monetize any of my websites.
I am 59 yrs in Sept and I do find that my efforts and what life is throwing my way more often puts me out of focus. I must admit that I am not one of those who is destitute and though I hold a portfolio of 4 residential properties my debt is massive. In 1994 I took on The London Pie franchise and got burnt. A few years later having avoided declaring myself bankrupt I clawed my way back and started a restaurant which is my strength and built my portfolio of properties and again in 2005 my restaurant was burnt to the ground through no fault of mine and I was not insured. Though I am still in the restaurant business my health has taken a turn for the worst because I am suffering from back pains, therefore my reason to start a home based business.
I do want to thank you and Dymphna for being my greatest influences and though my passion lies in property for wealth creation I have not been able to follow Dymphna’s teachings because my financial position was in disarray. I have taken action to try to consolidate debt by putting a property up for sale as yet I have not had favourable reply from the Estate Agent.
Jon, do I continue with the Internet Marketing, as that was what I thought would create cash flow for me or is there another route I can take? As it stands I owe $1.2m and if I had to liquidate I will end up just owning my home and I will end up with no funds for retirement. I truly do not want to rely on government subsidies or handouts. Proud maybe, but I would like to be a man of my own means. As far as equity is concerned, I have used a fair amount to help my 2 kids buy their first homes. I am now free of all other commitments and therefore this year I would like to move ahead and try to acheive my financial goals, health permitting.
Jon, I dont know whether I have expressed too much but that is about where I am in life at the moment. I would appreciate a bit of direction if you could help out.
Once again Thank you very much.
Larry
Garikayi Mazhawidza says
Hi Jon
My focus is to make the money l saved make more money.
My goals are to have an Ebook ,l tried it with all the information you gave me about brett but still nothing transpired.l need specific people to see and help me.
Final goal to build a house outside Australia for investment purposes.
My greatest frustration when it comes to money is that its never enough and its always elusive.
Thanks
Garikayi
Sam says
Hi John Smith,
Where is this development site you have which you want to sell for $2m?? YOu mention we can see the layouts etc from the website..what is your website??
Thanks
SAm
Vrezh Movsessian says
Hi Jon,
I am about to set up a SMSF (self managed super fund). This has come about out of frustration and feeling powerless when seeing the value of my money significantly deteriorate over the last year whilst it has been sitting in an industry super fund and being managed by so called experts. I guess just like it did for most other people. with their money in industry standard super funds. I wanted to do something about this and I guess regain some control over my money. If I invest it unwisely and lose money than at least I can say it was my decision.
I seeking to make the subject of my investment in the SMSF a real estate property. Althoug positive cash flow is important to me it is not my primary motivation. As the investment property is going to be purchased through the SMSF what is of more primary importance to me is capital grain/growth and building equity for my future retirement through this SMSF. I have 12 years to go till retirement.
Is there a stand out property/area you can recommend that would fit the bill bearing in mind that I have a budget of up to $300k?
kind regards,
Vrezh
Brett says
Hi Jon
I want to built our brand business that we just took over to such an extent that it can fund a serious property portfolio (ie $20 million of property) and flexible lifestyle. The opportunity is there as the previous owner spent millions of dollars developing the brands over 15 years and we now need to establish sales through distributors (globally) and our internet site (and our corporate stores-currently in Watergardens, Knox City, Bourke Street City and Fountain Gate). It is exciting for me as this is the first time I am building my own brands. I have made tens of millions for other brand owners over the years and NOW IT’S MY TURN! So I need help with some great ideas to “explode” the sales of what is a great base.
If you are interested to have a look the website address is http://www.thenaturalsource.com.au
Regards Brett
Rose says
Dear Jon;
My focus in this year 2010 would be building my own house. Nothing fancy or anything like that, i just want a simple structure that will accommodate for my husband & daughter [1 year old].
I am on an average salary but receive no incentive such as housing allowance or any of that. I’d really like your advise on how I can first plan to build my own house..ie..money-wise,building materials…so forth.
would really appreciate this information…….
Tracy says
Well my goals for this year are to go back to work in April as I live in a Housing Commission home and can’t work until my lease is renewed otherwise I’ll be kicked out for earning too much (ridiculous I know) and then my partner and I want to work like crazy to purchase a few acres of rural land and put a demountable house on it and then keep adding these little houses (about 4) on this land and rent them out for about $350.00 – $400.00 a week as the rental prices are astronomical up here and that is quite cheap so there is heavy demand for affordable rentals and eventually I want to build my dream house on that land with the funds from my rental properties and put a huge communal pool in and fruit trees, a vege patch, motorbike track for the kids and swings. Then I’d like to buy land in some certain areas for future development. I wish it could happen now but it will eventually!
Jennifer says
My goal for 2010 – – to get a job! and then to catch up on the bills that have accumulated durign the past few months I have been out of work, and actively seeking employment.
Once that is done, I want to increase payments on the mortgage and reduce that considerably. After that, to put money aside as voluntary super contributions.
If it all works out, we can both retire in 10 years time, knowing we can afford to, because the house is paid off, and we have some money coming in with Super.
Karen says
Hi Jon
I would like to start investing in shares, overseas but have no idea of
how or where to begin. What is step 1. Can you help me please.
Thanks
Karen.
Pete says
Best way to secure the lowest interest loan for my two properties ? any ideas?
Enrico Zurillo says
Jon how much is it going to cost me for your advice
mc says
Already stated by many others, cash flow is very important to me, without which
how can an investment be maintained and sustained to eventually reap the capital
growth benefit?
It’s similar to running a business, no matter how profitable it may be, without steady
cash flow, the business may still go bankrupt!!!
So I really need good advice on generating positive cash flow, and not by means of
paying larger deposit for property and get positive rental in return. In fact I don’t
care if cash flow comes from property investment at all, as long as it is cash flow.
Wendy says
Hi Jon,
I assume you are monitoring comments as my comment at around 10.45am has not appeared on your site. I emailed you over Christmas to discuss a jv with you regarding Don Tolman – all the info is on my site. Please email me so we can communicate on this extremely important topic.
Thanks
Wendy
Jason McDade says
How to get out of debt!
It would take me just under 2 years for me to pay back my debt and that is if I was to work for those 2 yrs and not pay any tax nor spend any money.
How do you manage your money? (without loosing it or bad investments)
Martin says
Just having difficulty making debt go away, who is’nt. Working as hard as possible, even working away from home to earn more but just d’ont seem to be able ‘get on top’. Any suggestions?
Gary L says
Hi John,
My goal this year is simple – I want another property and I want it cashflow positive.
I currently own an old house in New Zealand (I lived in it before moving to QLD in 2007) that I haven’t sold due to various reasons, and I am currently in New Zealand doing work on the outside of it. I need to work probably until June to get enough money to tidy up the inside (I have a short term tenant who is a builder lined up for the interim) then it should be actually earning me money.
Next stage is another property, whether in NZ or QLD. I am seriously looking at the idea of getting a 3-4 bedroom house and getting housemates in, as I want somewhere that is my own to live, as I have been living out of my car while travelling and working FIFO for the last 2.5 years. My other option is to look at another property in NZ, close to my parents’ place (Dad is a builder/designer and is prepared to look after it, plus there are significant tax incentives in owning property in NZ although that may be changing) however I really want one in QLD first.
What frustrates me about money? I can’t achieve my goals fast enough!
Cheers,
Gary
Maria says
Hi Jon,
i would like to achieve a positive cash flow of $500 per month. Please how can you help me.
Hope to hear from you,
Maria
Gary says
2010: I am looking to make a start on my passive income. A frustration is that whenever a ‘great idea’ (in the form of a presenter) comes along they need a hefty sum up front. This is difficult when the credit cards are overdrawn, the overdraft on the business account is maxed out and the mortgage & living payments are only just being met with the present income.
It’s been sugested that the first 10% of incomes be put away for investing, but then that just invests from a deeper hole.
I’m looking for cash to start investing
andi says
Hi Jon I am 59 years old and left my superanuation far too long with advisors. Took control of it when it fell to a disarstrous $49,000 and manage it myself in December 2008. It is now as of today worth $255,000 in 14 months. I would dearly love to see it rise at the same ratio as to the share market. That is around 450%. This means without being too greedy my wife and I can retire from work despite loving the work we do with Asias orphan community. A property in central coast of Queesland a house no a home. The property will be several hundred acres which we can transfer back to pristine wilderness. A waterfall, a lake, and of course fresh running creeks with birdlife, animals and enough to keep several orphans at school and university.
My wish is too realise around $1.250,000. Highly achievable if I stay focussed, manage my shares careful and the dream will be realised by the time the market returns to where it was in November 2007.
David says
Hi Jon,
2010 is meant to be a great year. I am working through daily studies in marketing to expand my primary buiness which has hit a wall since starting it October 09. I am looking for cash flow as my partner and I have 2 negative geared rental properties and our home we have to fund. We are soon to be married and would like to start a family (hence cash flow ) so I MUST get my OSM and primary moving along so I can let her quit her J-O-B. I also have a full time J-O-B which allows me to work from home and do my studies required, but I to would like to quit…
Hope you can help and look forward to hearing from you soon.
Thanks
David-downunder
Razz says
My biggest frustration with money is that I have a lot of debit and I just break even, and never seem to get ahead. I have my own small business and my partner works full time teaching. We bought a property and renovated it for me to work from, and I have rooms to rent but have been unable to rent rooms out so I pay the mortgage on my own. I also have a small commercial property(owned outright) which is rented month to month at the moment and that looks like it will end in the future as the tenant is moving back to another state. We also have a mortgage on our home which is covered by my partners income and then topped up with mine. I work hard and earn a reasonable income but a holiday still looks so far away. At 50 I really wanted to go to Europe but I cant see how that is going to happen unless I win the lottery! Oh and I dont have any super.
Al says
I looked into doing more stuff this year,like building two units at the back of my current investment property,and a first floor unit,above my business,but I am in too much debt already,with not enough cash flow,because it all goes on the mortgages.
So I will wait about ten years and use more cash,and borrow less,to do the same thing,then.
What you say?
Bernadette says
Hi Jon
I have recently started my own health and fitness business and require mentoring and support to move forward. I have an overall business plan which includes this business as one aspect of the whole plan. The other aspects are designed to attract clients in order to move the products. Currently my goal is to create cashflow and eventually passive income. My goals this year are:
1. Create more annual cashflow
2. Build an ongoing client base
3. Buy a property, then sell to make cashflow, then reinvest.
I have and continue to attend education sessions on investing and real estate and am booked in Dymphna’s next seminar. However with so much conflicting info regarding real estate trends, I am worried that any property I buy may lose money and I lose money rather than make it. How do I know if property values will increase?
My greatest frustration with money is not knowing how to use it to make more money.
Can you help me?
Thank you
carl says
Jon,
Can we get Dymphna Bopholt to come to Pert to do her 2 day seminar on US properties as It cost s well over $1000 for a weekend in Sydney for us West Aussies to go there.
Any chance ???
Paul says
Hi Jon,
I am trying to focus my attention this year to gaining more cash flow.
I have a couple of investment properties, with a fair bit of equity in them, but my biggest frustration is the fact that I cannot earn enough money through my day job.
I enjoy my job, but at the moment I can’t help but feel frustrated as the financial reward is not there. This frustration is due to the fact that my wife and I are expecting our first child and that we will be reduced to one wage. This is probably a common problem for most people, but my goal this year is to research other ways of bringing in more cash flow from other sources outside of my job (and asking my boss for an increase in salary). Any assistance in this area will be of great value.
Thanks,
Paul.
Sebastian says
Great concept,
Hi all, I bit about me, i’m 23, married (24yo) and just started a good job 3 months ago. I have my own property with my wife with about 80K in equity and have about 15K invested in shares (started with 7).
I would like a way of making disposible income for the family because we’re thinking on starting a family soon and I’d like my wife to stay at home. I’ve seen forex robots, options and others but i’m a bit scared of jumping in and start with those. I’d love to build a property portfolio but I think I need to reduce my debts right now (320k).
Cheers
Sebastian
john Sperring says
Hi Jon and thanks for info thus far.
My personal situation is as thus: on Feb 1 2010 I declared bankrupcy due to unsecured debt of $150K with no assets outside of a 1996 BMW. The debt is mine and mine alone. So my wish list for the coming year is cashflow, cashflow, and, more cashflow. I view this as an opportunity as it is my plan to achieve discharge within 24 months and have all creditors paid back. Note that my creditors are all banks via credit cards and business facilities. Since changing my mindset, and a thankyou for re-instilling some facts that I had forgotten, I now have a wealth mindset and within 24 hours of reading your ebook changes happened in my business and in my thoughts. Within this period my business went from sinking to profiting over 20K in a day. I realise that my methodology may seem a little strange to most but I will suceed at any cost because I am already there.
Cashflow and profit are the most important to me over the next 12 months. Along with directing business through my website rather than in through my clinic. More time, less effort, and better lifestyle.
Hope you have a prosperous year ahead as I am sure you will and all your readers I wish for them to achieve beyond their goals and excell in every aspect.
Regards
John
Grace says
hi, jon
I am 30 years old, married, one son. It is pity that I did not take action during the financial crisis because I am very scare the share price keep dropping, so I did not buy any share which the biggest opporunity that makes me richer soon. 2010 is my big year because I AM 30 YEARS OLD NOW. IT MEANS ALOT FOR WOMAN. so I have to take the serious action financially. I can not waiting. During the January I went to Brisbane, I bought investment property and I wish I can smooth manage my investment property and control my spending. One investment property per year. that is my goal.
Grace
Michael says
I am an IT contractor and my wife has a couple of businesses which are requiring cash injections over time (hopefully some income form them this year). I am looking for strong cash flow this year in order for me to finally quit the 9-5 work rat race.
We are aiming to develop a couple of properties up here so some property development seminars including multi-dwelling sites out of business hours up here in QLD would be very helpful.
Joy Bradbury says
My goal this year is to start purchasing property for investment. I wish to change direction from what I am doing now. I’d like to be decorating houses for us and making a living out of it, instead, we are doing it for other people who make money out of what we do for their properties!! I need advice on where and how at 53 years old with a husband at 71 years old, we still have a mortgage, we own our business – it seems an impossible goal because the business is all consuming due to the workload, financing etc, but I would like to achieve it!! I need help in changing from this point to the next stage in our lives. To sell the business, my husband needs another job or something worthwhile to look forward to, hence we don’t change!! I hope this coming seminar helps us!
Pradeep says
Equity is imp for me. Cash flow is a bonus …
Robert says
Realistically? 2 investment properties by the end of the year and a series of blogs that bring in a total of $500 per week.
Sonja says
I am 58 this year and been off work for 2 years due to serious health issues. My husband still works. We have four properties, 3 of them investment properties. All are negative geared and costing us money. We need a cash flow so that we can live our dream of retiring at the end of the year, purchase a fifth wheeler and travel around Australia at our leisure. We are not sure what direction to take next to help us to achieve our goal. Any suggestions gratefully received!
By the way, we find your articles very interesting and useful and your honesty is refreshing.
Patrick says
Hi Jon
I have read and studied your emails in full at times… a little less now as I have tried a few of your suggestions and been along to a couple of seminars but no profit as yet.
I am having a second go at the CFD’s but its not on top yet.
I need cash flow as I am out of work.. made redundant after 4 weeks as Regional Manager 2 weeks ago (the company closed the doors) and my job prospects are not looking good… and 58 yrs are looming. In the meantime the money is being spent with no income.
I do not wish to invest any further money in any schemes/investments unless they are tried and true.
I know all the people operating the seminars say they are doing it for free and to help people but you know and I know that in the end of the day they are doing it to make money… I just wish everyone would come clean and really put something together that is going to help them and people like myself. I know you could come up with a few examples of people who have made it through the information received but I am sure that they are a low percentage as I talk to people at the seminars and many say they have been to several seminars and paid for packages and really enjoy them but when I ask how much profit they have actually made … its hard to find a winner!
I read someones comment which I repeat here:
What is the quickest way to start generating some form of income (anything !! even $5, just to prove it works) from the Internet ? If you had to pick/recommend something what would it be ?
To your benefit, you do seem to be very genuine in your bid to help others but maybe the emphases should be more towards helping the new investor rather than the people with all the packages for sale.
I know I have been a bit hard hitting but thats my mindful.
All the best to you for 2010.
Sincerely Patrick.
Victoria says
My greatest concern is a cash flow, having children educated in Sydney is not cheap, I’m working for Government on a fixed income.
I’m thinking of a second job to help with cashflow, but don’t want to pay 48% tax, so I feel like it’s a vicious circle.
Definitely want to start investing in property, but scared I won’t have enough cash to pay for the loan
How did you get out of your situation and started earning so much? I’m sure you’ve had good teachers to help you. I would love to learn, too.
Chris says
Jon,
I enjoy reading your insights and comments and have found your tips useful and engaging, even just to get the mind wandering.
This year i would like to grow my asset portfolio with the acquisition of two more properties.. i also face issues with cashflow and need some direction on increasing my capabilities in this area. I would also like to see regular investment and finance information provided like Michael Yardney’s newsletters that contain useful information and statistics. By covering a range of topics and strategies, even in a brief article format, it would give your subscribers a wealth of knowledge and satisfaction to receive information regularly on multiple investment topics.
Anyway, good luck in 2010!
Regards,
Chris P.
Aporosa Delana says
Bula Vinaka!! John,
Hi ,that is to me a breakthrough question for this new year 2010;hypothetically speaking and it is more devine in its profound STANDING in every sense.
Given the global crisis that are all encountering and truly confronted with in this days of the latter.
I am a consultant by profession in the Travel ,Tourism Industry and now I focus on privatising in seting up small micro enterprises that would generate our livelihood and betterment in the village settings in our remotest and under- un- developed economy in our given environment in the Fiji Islands,then South Pacific Paradise towards broader global perspective and betterment.
Given our geographical placings,I believe we are are centrally located and to be the hub of Globalisation in every aspects of life to become the Heaven for every hopeful human beings like us.
I want you to communicate with me what we can do together and also benefit from this as good history students to become world Shakers towards WORLD SAVER.
Thank you for your trustworthy gesture and look forward to receive from you.
May God Almighty richly Bless you for your Faithfulness and Obedience in the DOs.
Aporosa Delana
GPO Box 11518,
Suva .Fiji Islands.
Cathie says
Hello,
Thankyou for asking. I cannot afford to buy the help you often offer. I would like to and read it longingly. I have bought other help sometimes in the past, and it is help I cant use, as I dont understand it. I cant ask for peoples help to understand it, because it is my business, not theirs. Now a days, I only scrape my bottom on the ground to get by, sometimes I cant pay the bills.
So I would say I need cash flow first(To keep body and soul together). Then I need to understand what these things are all about. Then I need equity after that. It is no good asking me to shell out money I dont have. I read emails and just wish.
thankyou for listening
Cathie
Tuaine says
Hi Jon,
Thank you for your emails. I’ve just moved here June 2009 with my two kids to join my partner to live. I’m currently looking for fulltime work, my partner has been working for a year now we are currently renting, but we want to buy a house so we can spend that rental money on our own place as an investment. At the moment we dont have the money to do that, so we decided this year we will save up and hopefully by 2011 we will have at least the deposit for a house. Can you give me some idea on where to buy a house, or how to fast-track our savings.
Thank you
Tuaine
Owen says
Dear Jon,
on at least 3 occasions now, I have sent you exactly what you are now asking. Not once have you replied.
I have limited funds – a little in a term deposit and two small properties. I am in semi retirement, in-part due to ill health and my wife is ill and will have to give up work in the near future.
We are perhaps more concerned about usable cash flow as we are about equity in ‘things’.
We have been burned by everything from the Government changes in the Super schemes (12 years ago) to the world finacial crisis causing my invested retirement super to disappear.
I have no desire to go out on a limb investing in schemes/property that will only see dividend in 10 years time (and presumably with that ten years still being employed and in a postion to meet shortfall-payments and hiccups).
I made you the offer, that if you are so sure of your USA real estate investments, and they are returning income as you say, then sell me 3 of your properties for $100,000 that are returning a total of $30,000 AUS rent per year, with all the ensuing paperwork and agent connections.
I await your response.
Regards
Owen Brown
Bernadette says
Hi Jon,
Thanks for the opportunity
My Goals for 2010
I will acheive a monthly passive income of $3,000
I will permanently lose 5kg in weight by June 2010
I will be credit card debit free within 2 years
I will help those around me acheive their goals
I will make my holiday trip in July 2010
Bernadette
June says
Jon,
Thanks for the opportunity to put my thoughts down. I work in real estate and love it, it is my passion, however I never seem to get my own property portfolio going. My partner and I bought a property (which we love) however we had to sell our investment properties and it has taken a lot of our cash flow. Mind you..we love our home.
Like most people I work very long hours but never seem to get ahead. There is always something that crops up. I would love to have the cashflow to get back into buying investment properties. I am 53 and my partner is 54 and it would be great to acquire 4 -6 properties and have the benefits of money in the bank to enjoy later in life. I also would like to think you would have seminars in Canberra or down the South Coast it is not viable for us to travel to Sydney and I do feel we are missing out due to our location.
Thanks
June
Bernadette says
I have been looking for an online internet business to generate passive income and also looking for leads for an MLM that I am involved in. I keep getting heaps of emails offering me something everyday. Is there any help you can offer to help sift through this maze!! Thanks heaps
rkumar says
i am trying to find positive geared property but also that has capital growth as well.
Am not interested in buying in country areas where there is positive cashflow but hardly any growth and rental downturns..Its very rsiky
i want to invest in Sydney as well
Thanks
Rk
jonathon webster says
i would like to be able to some how pay out all my outstanding debts that i owe and have that worry taken off my shoulders then take my family on a holiday as they really do deserve and when i get back would love to be able to buy a car that i can rely on all the time but that will never happen none of these things will but if i could get some guidance from somewhere that would be great.
Marlene Rattigan says
Hi Jon,
Thanks for this opportunity. I have quite a few big goals for 2010. Most pressing are publishing goals. I have various projects I’m working on. I need illustrators, printers and CD replicators at a bargain basement price without losing out on quality. They must also all be reliable, honest and trustworthy as this could lead to not only more work from me but lashings of referrals as well. I am about to sift through ODesk to see what that brings, although it seems to be controversial. I would be interested to hear your views. Thanks.
Regards,
Marlene
Greg says
Hi Jon
Cashflow: to “consistently” earn $3,000-$5,000 per month trading options, forex and or commodities, using an account of around $60,000 for example. I have heard this is possible using various platforms, but have not read or heard actual real life people achieving this. If they exist, can their success strategies be shared, or at least reinforced that this goal is very much realistic?
Darren says
Hi Jon,
i would like to be able to pay off my debts so i can buy a house and start a family with my lovely wife,i have tried a couple of things but they have only cost me money and put me in debt even futher.
Sharon Hague says
Jon,
I’d love to help your seminar audiences discover the personal profit potential by becoming a new speaker for you in 2010. Maybe I could be a last session “bonus” speaker as a first trial.
Sharon
George says
I am in need of equity as well as cash flow, since i am retired.
Law investment total value is important since i feel i am making miracle with my pension.
A regularly fluctuating share of less than $ 2 could do the job, but witch one?
Cheers.
George.
Graham Taylor says
Hi Jon,
As a Managing Director of an independant real estate agency on Sydney’s Northern Beaches I find your comments and info often illuminating and thoughtful. I have attended many of your functions and also went further with great results on one of the courses. Love your comments – let me know if you see a synergy with my company: http://www.specialisedpropertygroup.com.au
We offer clients a one on one service and have many investment opportunities from residential to commercial – from Melb to Bris. Happy to talk also with those people out there – we sell across many locations also, low fees, etc. 1300 65 10 55 is the number… not spruiking as such but interested in talking with like minded people. Keep those messages coming – I think the big addressing quetion is how do those with minimal equity get a rung on the ladder – it is very easy to turn $500k into $1M and then on from there – I meet some people coming out from divorce settlements with $1.5-2M on occasion – dead easy to invest with that. My advice is you have to start somewhere – get some action happening and property gives you tremendous leverage – with shares it is tempting to buy and sell too often – maybe Jon go through step by step of how you achieved your level of success again – would be an interesting story for sure.
regards,
Graham
Allison says
Hi Jon
My goals for the past few years has been to have my own business and earn enough cash flow from my computer anywhere in the world. A luxury I know.
Over the past couple of years my jobs have been rocky & was made redundant and without work for 7 months of last year, so I started a course in building websites and selling affiliate products. Its very slow and very costly. It was $1800 per month but has been reduced to $900 per month but over a longer time frame. Im hoping within 2 years these will become more profitable.
My other goal has always been property. I bought an investment property in Mornington in 2000 which is now paid off and Im living in. I love renovating as I have done with my present one and really want more income to afford another larger home as I go crazy in this small unit.
I was very interested over a year ago in American propertys but had no idea how to go about it, then again it came up a couple of months ago & I started to do some research again but it was all too far away and needed someone to give me greater insight into this market. Two weeks later a friend mentioned this is exactly what he is doing & sent me a video to listen to which was very insightful.
So with the basic knowledge I have so far, my goal is to buy 4 property’s in America, if the return is up to $20,000 p/annum based on a $35,000 – 40,000 property (which what I heard) it will be paid off before 2 yrs. Its this cashflow Im after for now to get myself ahead. Is this part of your Master class? Do you organise groups to go over to America with this purpose?
So as you were asking what you can help me with. I would really love to gain more insight so I can prepare for this by August this year.
Kind Regards
Allison
Ian says
I am no longer employed so cashflow to live on is my first priority then building equity from long term investment strategies.
I’m interested in Real Estate, Trading and Internet marketing so need to work out which is best strategy for income building then equity building.
Appreciate any advice!!
Regards
Ian
GS says
Hey Jon,
thanks for all the great info…one frustration, though, high cost involved with all the programs. Single income family with very little equity, would appreciate any recommendations for financial adviors, mortgage brokers etc…..
Cheers !
Anthony says
Hi John
I am 35 years of age, recently separated from my Wife, have two children (Ages 4 & 1). I still manage the business that my Wife and I set up, we have 6 full time employees (including my Wife and I) and it turns over 1 million per annum. BUT, I personally have no money!? The only asset that I have is the business and it is not making enough of a profit for me to take out of it what I want or need.
Not only do I have no money, I have no property, drive a 1989 hilux that has done 370,000 Km’s and have credit card debt.
I need some tips on (1) how to get out of debt and then (2) invest some money to make more money.
Things need to change for me quickly.
Any advice / guidance you can provide will be sincerely listened to.
regards
Anthony
Linda McGaw says
I’ve enjoyed your speakers n 2009 that I have attended. I have reserved my seat with Dymphna Boholt for 16 feb in melb. I am now very interested in the international buying… I have a real estate background and hve been a property developer in nz but the red tape crusifies your project because of council time delays and funding projects with zero cash flow I have been exceptionally interested in just how your councils want to work with you and not against you….I have been an information gatherer….Australia can only continue to go crazy with the population predicitions..whew..you are on a huge roll…I hope I am able to get into this market. Thank you..and thank you really isnt enough.
Andrew says
Hi Jon,
Ive got a PPOR and 2 IP’s, leveraged to the hilt, and because we’re investing for capital growth, we’re limited by income. I’d REALLY like some more information on ways to produce income on the internet that you speak of. Plus, I’d rather spend my time working on a business for ME than a boss.
Cheers,
Andrew.
Jason says
I reluctantly bought my first home in W.A Pilbara region as the mining boom was starting to accelrate.
I now have a large amount of equity in this property and I need some pushing over the edge again to take the next leap.
I require a positive cash flow portfolio, that can provide me with an income of 90,000 a year.
This would enable me to spend majority of my time with my family while I am young and healthy and are able to pass on what my parents taught me.
Debbie says
I’m 43 and have a burning desire to change my lifestyle.
I have to say, I’ve spent alot of money on property courses, books, attended workshops been on mentor progams.
I have to agree with Mrs Whitbourne’s comments! Plenty of wonderful advice out there however perhaps a real program which can assist working with people to find those realestate deals from beginning to end!
Personally I used to think negative properties. Having processed considerable property information, my attitude as moved to cashflow properties.
I have spent the past 2 years doing research, trying to work towards building my investment portfolio. My goals: to buy within Australia and also research oppotunities with the prospect of buying in the USA.
I know it’s high time I got my teeth stuck into making my dream a reality.
I feel I have a brick wall which I just need to knock down. To be honest it can be very overwhelming with all this sound property advice! However I constantly ask myself where does one begin the journey for positive cashflow!
I have no excuse to not have acquired more properties. I am debt free with ownership of two homes. I’ve got equity behind me and I just need to now move forward with results!!!
Peter says
Hi John. I had 3 properties in the past 2, I arranged myself and 1 where I let someone arrange the deal for me and got ripped off. I had to sell all to save from going under. At the moment I have brought shares based on recommendations from real known newsletters and again I have lost money. I have people ringing me at least 3 times a week telling me they are the best in the field. What I would like to find is someone who cares more about showing the right way to buy properties/shares that their own pocket to be honest about their dealings.
Thanks, that my bitch for today.
Peter
Martin Platt says
Hi,
I have a reasonably large amount of equity in my house, and would like to put this to good use. I’d like to also set up some investments, and get money being made automatically, so that my family and I can do the things that we’d like to with money and not have to think about it.
I recently set up a business, which I would like to make successful, to be able to feed an extra income stream into the investments, or to use to spend on something nice.
Ultimately, I like the idea of a passive income of some sort, but so far, whist a lot of the affiliate marketing schemes that I’m seeing don’t give me comfort. The deals are hidden, they don’t look like business deals at all.
Cheers,
Martin.
ashley jeffery says
Just how to enter the game of real estate investing with very little savings and no real estate currently owned… I know it’s not exactly pole position but I need a game-plan to do just that…. get in the game.
Peter says
Hello Jon, What a great idea and thanks for the opportunity to put ones case.
GOAL: My goal, life focus is to replace earned income with passive income.
MY SITUATION: Iam 65 single & healthy. (good catch)
Property is my chosen vehicle for wealth creation.
My stratergy thus far is buy right hold and never sell, negatively geared to aleviate the tax problem as I work in the mines.
Have a portfolio of 4 properties. ( Overall negatively geared by$76,622.)
Equity $794,000.
Loan facility in place $450,000.
Re commence earned income of $130k pa on 1/4/10.
CASH FLOW has absolute priority over equity.
FRUSTRATION WITH MONEY: Cash flow – getting on the daily tradmill to earn it!!
POSIBLE OBSTACLES: Borrowing ability at my age.
Securing a one on one with Dymphna or one of the team to formulate a workable plan to create $100,000 passive income pa and I beleive in paying for knowledge.
Love what you do.
Kind regards,
Pete
Lindie says
Hi Jon
I am running a small business and had approx 4 really quiet months at the end of last year due I think to the Global crisis. This has affected cash flow drastically to the point of near collapse, I need some quick tips of how to get out of debt and increase my cash flow. I have let go one of my staff to try to overcome this but this will not be a quick fix. I am feeling very low at the moment and a big failure as debts keep rolling in.
I would be interested in hearing about any online internet business’s that you recommend that generate great income and is of course legit.
Thanks for your time and look forward to some positive advice!
Regards Lindie
kathryn says
2010 goals
Financial Goals: Save xxx to super; save to cash xxxx;purchase next property to live in in; assess current PPR for sub division and act on advice; purchase investment property for growth and replacement income equivalent to 1 days salary or more; Attend Dympna’s RE seminar for tips about investment propoerty hot spots.
I would like practical assistance with:
writing goals and taking action;
how much equity/cash flow I need to build to replace income.
In answer to your question I am not sure which is more important right now I just know I am building both!
I would also like assistance with:
how I might fast track to achieve the previous wish within 2.5years
When it comes to money I am thankful that I have a little more than enough to do as I wish right now. Although I do not feel frustrated about money I would like to achieve the goals I have set here so I can make the choice to be a self funded retiree within 2.5 years.
Thanks Jon – interesting angle!!!!
I will be interested to see what comes out of this excercise.
Best wishes
Kathryn
Rob Falconer says
Hi John.
I’m 42 yo With A Young Family.
I have Been Investing For 3 Yrs.
With Some Sucess & Some Donations To The Market.
I don’t Think I’m Alone On That One.
Been A Little Fustrated Working & Trading Forex At The Same Time,
Not Really Working, After 1 YR.
We Have A SMSF Setup, With Aussie Stocks Around 10,
Blue Chips That Are 70% LVR With 3 yr Dated Put Options,
For Insurance, Very Happy With that.
We Have 1 Investment Property In Coffs Harbour.
We Are Looking For Capital Growth & Cashflow Options.
Any Sugestions Would Be Appreciated.
Kind Regards
Rob Falconer.
Krystil says
I already have four investment properties and a lovely waterfront home but what I really need this year is to build a hedge against interest rate increases and to gradually replace my salary with another source of passive income. A business with no employees and very little start up capital that I can work on in my spare time is what I am wishing for this year.
Cheers!
Krystil
robyn says
ok jon
i have a property in tassie that was paid outright and i need to work out how to get a loan against it for negative gearing/what i can/can’t claim for negative gearing – i have an accountnat and we are on dsp so those things are different for centrelink/ato.
i want to try and earn some money on line with internet marketing – finding the right product/group to use is proving hard. tried several and not having luck at the moment with the one i am testing. getting quite sick of the false things that are promised by these sites – high income/high referrals. not happening. how long do i try it for until i say bad joke/not worth it.
i want to get our mlm business growing from dealing with hotels, hospitals, nursing homes, government, etc, etc – the big people and not one on one with people that are not interested in signing up because of the bad taste/experience they have had with mlm before.
i am trying to get the mlm fb fan page and blog out there/getting more members/followers but that is proving hard as well – especially getting followers for the blog.
i am trying with the help of a friend to get the web site set up on yola. i am having some problems getting the fb fan page on there and getting the blog on there – blog – full details don’t show up and it won’t accept it – the space for the blog information is a bit short and i just can’t get the fb site on the front page of the web. i am wondering what other things i should add to the web page – i have goodleads on the blog but that isn’t earning me any money because not enough followers.
i am trying to get back to uni this semester part time for a masters hr course so i am looking for work experience/traineeship for this study to get back to work as i haven’t worked since january 2005.
think that’s about it. any help/direction would be really good.
robyn
Ric says
Hi Jon,
Really enjoy all your emails.
I want to know what i should do i have 600,000 equity in my home a 400,000 apartment which i owe 380,000 of to the bank and a business with equity of 450,000 ( but cashflow a problem all the time – a lack of it ) so i want to know how i can get to have better cashflow??
I am going to dymphna’s property seminar this month – should be goo i hope!
Ric.
Ross says
I am 65 years old, and my wife is 60 years old so consequently I am looking for cash flow properties for us to live with a good income during our retirement years to enable us to do things we have always wanted to do. However I dont have the know how as to where to look. From what I can gather the only places that cash flow properties can be found is in mining towns. We currently have several investment properties but not enough to retire on. So any assistance would be much appreciated. I look forward to your reply. Kind regards Ross
Dave says
Hi Jon,
I realy have not started any thing as yet, Although i wanted to buy property here in my country PNG, the financial institutions here are very tied at leanding money out in terms of loans. I am hoping a financial institution somewhere can be able to source out international community kick start them off the ground. Would you be able to help advise on the issue of financial assistance.
thanks
PNG
julia moses says
Jon,
I would like help to buy offshore and what advice can you give me to get a loan as most banks does not want to lend money for ofshore property.
a cashflow properties will be good.
Greg Brierley says
Hi Jon
I am trying, possibly in the worst market of all time, a mortgage broking business. I want to focus on building a consistent quaity referral source.
I am an active property investor and have been involved in the research, analysis, purchase, managment and development of small scale property projects. I would would like to share some of this experience with others and become a paid property investment coach either face to face or via the internet.
It is good to see so much positive energy for this year. I wish everyone success beyond your wildest expectations.
Cheers Greg
Mark D says
Hi Jon,
First of all, thank you so much for the emails. They are very inspiring and have got me thinking a lot.
My goal for this year is to buy an investment property and my long term goal is to have 5-6 in 10 years time.
I want to start generating cashflow from these properties.
I think it is better to buy investment properties now than buy a house to live in as I can generate some cashflow from these investment properties.
My other goal is to decide on how to structure my finances so I can achieve my long term goal.
Is it better to set up a company or trust rather than invest in my own name?
For the next few years building equity is more important to me but when we start a family, cashflow will take more of a focus as I don’t want to be working for my money, I want my money to work for me. Learning how to get my money to work for me is very important to me.
Eventually, my ultimate goal is to replace my earned income with passive and portfolio income so any more advice on that topic would be greatly appreciated.
Many thanks,
Mark
Rob says
HI Jon
thanks for the inquirery.Im a 50 year old builder ,I have been in some property investments before,but since marrage break down Ive been given the chance to start all over again jealous hey.At the presnt Im looking at student accomadation,small commercial and would like to move on to self storage facilities so just like noddys friend Im all ears.
thanks Rob
Cheryl says
Hi all
i really feel as if this year is my year. I made the move tried to harness the equity in my property but as I am self employed and set up as a discretionary trust no one will touch me.
I am a single mum and think i have done well recouping at least something from a business loss but know time is running out.
I would like information on alternative finance options rather than the prime lenders. I too have listened and someone else commented above, about investing in America, I would like to investigate this area but there is lack of info on requirments, gaining finance and so on….
Help 🙂
Cheryl
Peter says
Hi Jon,
I’d like to see you show strategies where the participant doesn’t have investment properties or equity. Where the average person with a small amount of savings could get started and on the way to an investment plan. Many of the strategies taught require equity or a deposit to get started. What if you only had $10k, what strategies would you employ to increase this. I think the reponse you would get from this wouyld be enormous.
Darren says
i have a financial plan that uses a group of managed funds. I don’t like it because i lack the control i desire. But to be honest I lack the balls to buy an investment property and my own shares. I think if i bought a property or some shares i would have the confidence to do more but I need guidance. I am almost looking for someone to hold my hand through the process.
regards,
Darren
Vic says
Hi Jon What a great idea asking what people want
As we have six children and as I am 79 years and getting near the wrong end of
the rope I want to leave my children and wife some money, so I think I need a
couple of $ million and I need to get a wriggle on.
I Think 4X and options would be my best bet and your help.
Youtrs Vic Wridgway
calvin says
HI john,
I’d love to see some real life stratergies for young people to get ahead. As a 20 year old I’m open to all the different methods of investing. I guess I’m after a spreadsheet or discussion one all the different youth investment stratergies
cheers,
calvin
Dario says
Wishlist:
1. Keep receiving ALL of your informative emails
2. Minimise tax (negative gearing – losing money is not a good option IMO)
ps.
Australian house prices are overvalued by 50%:
http://www.domain.com.au/Public/Article.aspx?id=1263663066577&index=NationalIndex&headline=That_oh_so_elusive_dream
Jodi says
Cashflow, cashflow, cashflow…the magic word!
They are getting harder and harder to find. I would like to see someone provide information about doing due diligence systematically. ie If looking at a Residential property generally what are the steps of doing due diligence, then specifically how the different types of properties ie units, townhouses, houses could be fine tuned. Likewise with purchasing Commercial generally, and then specifically Industrial, Retail, Office. It would be great to hear of case studies done by someone who is successful in purchasing the different types.
Also, can a recorded version of the ‘Investar’ webinar be placed on accessible as a Podcast for downloading, as well the Global Investing into US market.
Sue Wilson says
For 2010 I want to be the best I can possibly be in relationships, work and creativity. I would like to build my equity so we can enjoy our lifestyle and assist our children to enjoy their future lives. I would also like to try something new at least 6 monthly. I want to read at least 1 self development book per month and try a new skill prior to the end of the year.
Most of all I want to be happy like I am now and for those around me and who I care for to be happy and content too.
Si Harris says
As a Business Coach, I have a clear set of plans with all my clients, we completed this task before we went away on our holidays. This years theme is largely based on achieving a degree of balance in their lives, time with family and health, a huge turnaround from last year!!.
I like your energy and thankyou for this post….
Si Harris
Sheree says
Hi Jon
Being Cash Flow positive is our aim, so I can get my husband a stress free job ie fishing and so we can both can fulfil our dream of travelling around Australia.
Regards
Shere’e
Virginia says
Hi Jon,
Wow I read everyone’s comments and most of you have what I have always wanted property, business,investment money, and a little cashflow and yes debts too. I actually lived in Aussie for years then came back to NZ ,where I have been for the last 2 years. Big mistake I got caught out with the recession which left me looking for a job. To this day I am still looking, I worked all my life but one things for sure this year is gonna be better. Why because I don’t wanna make someone else rich I need to think of whats best for me. Those who already have the things I have wanted are so lucky. You are all on your way all you need is guidance. My overall picture for 2010 is property and lots of it with a good business. Jon your input would be great look forward to your reply.
Virginia
Adam Bilecki says
Hi Jon
My wife and I owe 3 investment properties. Just finished sub dividing and built 2 new homes. Was a real ball breaker but I think the experience gained you cannot get from any book. We are presently renting from a familly member. Our aim within next 2 yrs is to own our own home and develope the other property. Definately our properties are long term investments. We would like more CASH FLOW. Would like to get some successful on line businesses happening. We love travelling and want to make it an annual event.
Any advise would me muchly appreciated.
Thankyou
A Bilecki
Rodger says
Hi Jon
My biggest frustration with money is not having much of it.
I would like to be able to get into the propety market but I just can not get the current mortgage down to a leavel to be able to do this. So short of getting a second job I would like to be able to get into the propety market asap. As I know that this market is only going to go up in the future.
So if you can help with this with out it costing a lot of money that I do not have it will be much helpfull.
Kind regards
Rodger.
P.S My current home is worth about 320000. I owe the bank about 250000.
Sarah says
Positive cash flow is important to me. I have two of negatively geared properties. I need incoming cash.
Wayne says
Jon
These days it seems the more I work hard to achieve a level playing field finanically, the more bills continue to come. So I would say that a positive cash flow is important. I have no real assests to speak of and for me getting started is important as any other concern I have. My current debt is approx $35’000
Thank and for evry gratful
Wayne
Ben Taylor says
Hi Jon
Iam a bus driver. I work 42hrs a fortnite @ 22.50 an hour. My odometer has just rolled over to 67, my wife is 64 and she’s a full-time baby sitter taking care of our two beautiful grand daughters (8 & 5), while their parents work in the mines FIFO in WA. We have no property assets yet!, little savings, no debts and the one real asset that we do have is our excellent health & the luxury of having a good laugh with the kids. They mean everything to us. We are aware that not having enough money to extend and to continue to enjoy this pleasure is at risk of coming to an abrupt end, the kind of surprise that usually happens without warning. A bit like liquadation!!! Here’s my picture for Starting a Cash flow which is #1 priority at this point.. My intentions are initially; to save $3,300 per month($39,640 pa) to cover my current lifestyle committments for a year. Secondly, to achieve financial independance, $78,000 pa($6,500 pm) and thirdly, to achieve financial freedom $246,000 pa ($19,300 pm) all this within 2yrs . Iam involved with a company that is building a huge online shopping portal which is essentially networking, something I’ve never done before. One of the challenges I have is finding a leads generation website expert, to mentor me on the how-to techniques, somebody who’s been there done that, preferably someone living in Oz. I expect to pay for that service and I would like to meet this person face-face. That’s about my lot for now. Thanks for your email & cheers.
Christine Lenghaus says
Happpy New Decade! 🙂
I would like to generate the income needed to buy back my time so I can write a unit of work for my students at school on money and wealth. These kids don’t understand how money works, are more than likely to end up in a lot of debt and the cycle of poverty will continue.
Thanks, kind regards Christine.
carlie says
hi well the most frustrating thing about money is when you work all those lond hours and by pay day your flat broke and have no money to enjoy.
my goals for this year is to start my own small business,where i can enjoy doing what im doing not just somewhere I have to go I want to love what im doing,work my own hours but have time with my small family.
Roslyn van Doorn says
I don’t have a website. I find that it still takes money to set up stuff, and that one still needs work to get that money, and it is hard to get that money when no work is coming in. I would also love to have a personal tutor for a day to walk me through what to do to set up these things. I am a little intimidated by the unknown, and someone who knows how to do everything is very handy. Of course, while I am walking through this, I would also be making copious notes so I don’t forget anything, and can repeat the process
Tracey Heers says
What is the quickest way to start generating some form of income from the Internet ? Where do I start…a simple 1,2,3.
Bernard Couzens says
As someone who leads a busy and productive life by being a motel owner/manager, district Real Estate Valuer and study as well, I have only one major goal for this year.
My major goal is to complete a Masters Degree at the University of NSW in Business and Technology this year, while keeping everything else moving forward.
Regards
Bernard Couzens
David says
G’day Jon,
Cashflow is the most important thing for me at present, specifically increasing it. (have too much bad debt to get rid of…)
Most frustrating bit I have with money at present is trying to work out what works and want’s a con. So many promises put there, but how to discern what is fair dinkum and what isn’t.
Cheers
David
James Warren says
Hi Jon
I’ll start with the end.
What is MY greatest frustration when it comes to money?
That’s an easy one.
I don’t have enough money to free myself up from the grind of work and do all the things I want to do such as, travel the world at my leisure and help, uplift and empower other people.
Let me explain a bit more.
You see, when I put my mind to something that I think can benefit mankind, such as having grown a million trees (in under 4 years) or having taught English to over 65 different nationalities (achieved in just 5 years of teaching), I can not only achieve but also do extremely well.
However, I feel like I have an unconscious block that prevents me from earning mega amounts of money which I can then use for other humanitarian purposes, like Bill Gates and Warren Buffet.
And this is my greatest frustration when it comes to money.
Now!
Lets get to my “wish list” and goals for 2010.
First, I stay fit healthy and active, swimming regularly each week, this year.
Second. By the end of the year. I remove my subconscious blocks to earning passive income by any means and I take action to build an ebookpublishing house and websites that sell ebooks that help people.
Third.By the end June of 2010 I have enough passive income from ebook websites that I can retire from my JOB teaching English as a second language, and spend July in France.
By the end of 2010 I own 20 successful ebook websites and I have enough passive income that I can buy 3 in cashflow positive properties.
By December 25th 2010 I am ready to leave Australia for a one month working holiday teaching English in Morocco.
My last goal is: In July 2011 I have the skills and knowledge that enables me to work a maximum of 1.5 hour per day, 5 days per week, from an internet connected laptop to continue to grow my ebook and property portfolios and use any excess income for my “developing country sustainable eco-village project”.
Now Jon.
Finally, to your fist question.
“Why don’t I ask YOU what would you like me to help you with this year?”
Jon, I would like you to help me to achieve my goals so I can creatively contribute to the evolution of Mankind and the universe, as The Higher Power intends.
You can do this by putting me in contact with people who mentor, guide and drive me to succeed and achieve the above goals.
Blessings
James
Janis says
Hi Jon,
You have some brilliant ideas and always very informative.
My situation is; widow, almost at the usual retirement age, no superannuation.
Support myself from tuition fees and continue to pay off home mortgage, which I hope to clear in approx 4 years.
Though I don’t have much cash flow I do have plenty of equity in the property and would like to invest in real estate. However the actual doing really scares me as I have been through several very nasty situations since my husband died and was cheated out of a lot of money. So I am scared of making mistakes and feel I wouldn’t have the strength to build myself up again.
Someone who replied to you suggested a hands on “practice purchasing investment property'” tuition scenario. Sounds a great idea to me and would give me more confidence in doing things on my own.
Also, this year I would dearly love to have a holiday to Europe. This may sound indulgent in view of my need to provide for my future but I haven’t been away for six years and this would be the fulfillment of a long held dream.
All the best to you,
Janis
Debra Edwards says
Working as a professional for a non for profit organisation as a field officer, Im finding it frustrating to be able to save any money to get back into the property market with the little salary I recieve each week.
My goal is to get out of the rental trap and somehow get my leg in the door to buying my own property and then being able to purchase my first investment property. How does one do this without any money savings that is? I ask as Ive been renting for over 8 yrs now. I dont have any credits cards and only a personal loan of now 17,000 owed on it.
wondering!
Kind regards
Debra
Paul says
Cash Flow is King to me., like many of your subscibers I have negative income properties that with rising costs (body corp, rates etc ) are draining my resourses.
I keep attending seminars , pay out good money only to find (in many cases) the information is not what was indicated in the initial sales pitch. My fault not theirs should be a bit more diserning. Currently doing fourex and finding it challanging but am enjoying it.
Advise on cash flow businesses, real estate would be great
Debbie says
My greatest frustrations to do with money include not having enough of it, trying only to live on the Pension (despite spending many hours searching for employment), not being able to do what I want when I want (such as travelling for extended lengths of time, shopping, eating out, socializing, etc) and not being able to pay my bills in full. My goals for 2010 include trying to find employment, losing weight and getting my finances under control. For once I’d like to be able to not have to worry about where my next meal is coming from and how I’m going to be able to afford it!
Jonathan says
Hi Jon,
Please can you advise some how get some quick money like in the internet. I’d like to build equity but do not have the money to start.
My greatest frustration about money is that “I do not have enough”.
Best regards,
Jonathan
Jan says
Hi Jon,
I am an avid property peruser and keep an eye on the market. I own a block of land at Port Wakefield SA and 2/3’s of my home on the Sunshine Coast QLD. The loans are all bundled together, so all up i owe about $175K with my property being worth perhaps $550K. Equity is not a problem, cash flow is! I am a single Mum, have my own business which I am about to sell (cos I’m sick of it) and would love to know where to from here? Ideas welcomed.
Jan
Jim says
To meet like minded people ,and possibly some joint ventures.
bak says
time!
Ann Eames says
how to get more money so i can have more investment when loan conpanies say i need a bigger deposit, they say being a self income earner they say i do not earn enough money to buy a house of any kind.
i want to become an investor-travel get out of the rate race and be finacially free
Ian Gomes says
Well my wish list for 2010 is as follows:
Be the best at my new job in all aspects of business.
Pay off all my current debt.
Continue charity gifting.
Commence volunteering work.
Commence a family trust with my son.
Buy my first home by myself.
Buy my first BMW, 2nd hand to start.
Go on a trip with my son at the end of the year.
Commence recording music.
Simple and start to the point.
PS, if I have a relationship in between that is happy to be friends first and willing to take it one day at the time, so be it.
Regards
IG
kay kent says
Hi Jon
Thank you for your emails,they are so full of enthusiasm and inspiring.
You would have to be the first entrepreneur that has ever ask people like me who is looking for a change in lifestyle, for a WISH LIST, even if you can’t assist, the fact that you have asked sends me and others a message that you care about people, which is very rare these days.
I have worked for a Plastic Extrusion Manufacturing company (as you know there are very few manufacturing companies left in Australia) for 26 years, in the accounts department and the last 6 years also delegating work in the factory , making sure product is prefect and goes out on time, and I have loved it. My boss is 86years old and has decided to retire and is in the throws of selling his company which is find by me and I am looking forward to moving on.
I have a house on the Gold Coast and intend to move there, which unfortunately is mainly owned by the bank so I need to work to pay my mortgage.
For years I have left home at 6am and return 6pm at night, what I would really like is to find a niche where I could work from home on the internet, but not one of those hair brain schemes that you can earn a million dollars a year, which as you know is garbage.
You seem to think outside the square and maybe you can give me some ideas, of where or what to look at or maybe a really good company that I could affiliate with on the internet and earn around 5-6 thousand a month without ripping people off with false hope. I believe in letting your conscious be your guide.
I am female 65 years by the calendar, do you what Jon I can honestly say I don’t feel any age.
I know have no intentions of giving up work.
If you can send me some idaes I would really appreciate it, if not thanks for asking.
Cheers
Kay
LORNA says
MY FOCUS AND MY GOALS FOR 2010
1. TO BE HAPPY FOR NO REASON
2. TO GET FIT & HEALTHY FOR GOOD
3. TO IMPROVE CASHFLOW TO REDUCE MY HOURS AT WORK
4. TO FREE UP SOME MORE FINANCE TO GET A BEACHOUSE
5. TO ENSURE MY HUSBAND TRANSITIONS SMOOTHLY FROM BEING MADE REDUNDANT TO IT STUDENT TO NEW IT JOB HE IS HAPPY WITH
6. TO ATTEND AS MANY REAL ESTATE SEMINARS AS I CAN
7. TO SEE MY EXISTING PROPERTIES GROW IN CAPITAL BY OVER 10%
8. TO COMPLETE MY CHEF’S COURSE
9. TO ENJOY MY 5 YR OLD DAUGHTER MORE
10 TO ENJOY MY CURRENT JOB MORE THAN EVER AND BE COMPETENT
Henry says
This year I want to buy my first car, and build my home that is on my vision board. towards the end of the year take my two sons on their well financed trip.
Regards
Henry
barry rohde says
my immediate goal is to generate more cash flow , just like nearly every other person on the planet, i do acknowledge our incredible blessed life here in surfers oz
I own $400k B.V 4 bed dump in southport and have about $55 k on my line of credit. at 58 bit nervous about risking the little ive got, slowing down a bit physically
Battling to keep the demolition contracts profitable enough to reverse the trend on the line of credit. Still excited about life, and enjoy some of your articles immensely,want to get more work for our incredible band(5 piece) 100% live
Lunch time Legends KOMIX 80S ALL STARS.
CHECK US OUT ! http://www.komix80sallstars.com/ see ya Jon (keep up the good work]
Good idea to put like minded and funded little investment pods together [kinda our tribe] to share the risk, with a mentor at helm also sharing same risk.
kind regards Barry R.
Peter Trevathan says
Hi Jon, Thanks for your inspirational thoughts.
2010 promises to be full of success. How do I know that?
Right now I have a number of challenges and I am one who will apply myself to find solutions for every challenge! Like you, I’m in the business of helping others, so I am very interested in learning about your approach. I’m always looking for new ideas.
My focus is more about delivering on-line solutions so I have set myself a goal of reaching out and helping 100,000 people to achieve their on-line success by mentoring and coaching them with things I have learned with over 15 years of Internet experience (yes that’s before the WWW came into being). I realize that tactics and good process alone is not enough. Hard work is not essential, but working smart and keeping a positive outlook is everything!
So how can you help me Jon?
Just keep on sending those emails … I am sure there will be something I can buy from you in return. I look forward to meeting you personally one day 😉
Thanks Again
Peter
Sue says
Hi Jon,
Firstly I would like to thank you and your staff for the events that you have organised for those of us that want to get more of an education in specific fields. I have started in property investment. It has been a lifelong wish to have a property portfolio, but due to various reasons, my wish never came to fruition. I had a lot of knowledge but lacked the confidence to take that first step. That was untill I attended a free seminar that you organised with Dymphna Boholt. There I got the confidence to go for my first investment property purchase. I took on board a lot of Dymphna’s advise and have just gone forward from there. 2010 is the year that we hope to do our first unit development and have several irons in the fire already. Again it is taking that first step into unknown territory and as someone else said, having a mentor that you can bounce your thoughts and ideas off would be great. There seems to be a lot of people who have made the initial step to looking at investing/developing but are hitting either knowledge or financial problems. Would some sort of Forum for those that are looking at these sort of fields be a viable idea? Some form of bringing together those that have the knowledge or project idea/possibility along with those that have the funds or access to funds, so that maybe one party can help another, whether it be a JV or some other sort of agreement. This bringing together of assets could help a lot of people that you have given the opportunity of investment education to that can’t quite make it on their own. Whatever you do decide to do in 2010 Jon, keep the emails, updates and advice coming. They are a great source of information and inspiration.
Many thanks again Sue
Sabrina says
FOCUS: passive income of 50K after tax per month
GOALS for 2010: passive income of 10K after tax per month
FRUSTRATION: Nothing, love it.
Linda Robinson says
Hi Jon we look forward to your informative emails and this year we want to start investing seriously in cashflow positive real estate. We are not quite as confident as we would like to be and might need a mentor to help us (Dymphna would just the right person!) so if you can help that happen for us that would be great. We are going to the Sydney US seminar this weekend and also seeing her in Adelaide on 18th Feb so I guess thats a good start. Lets get started!!
Regards, Linda & Brian
Ern says
Information about sources of lo doc borrowing would be useful in this era of tightened lending.
Manfred_Gessner says
Dear Jon,
Thanks for the opportunity to tell you of my goals for 2010 and your offer to help me achieve them. Thank you also for your very informative and at times inspiring emails throughout 2009.
My most important goal for 2010 is to live a happy, content, conscious and aware life in good physical, mental and spiritual health focusing on the present without much concern about the past and future.
At 71 years of age I believe I have made good progress in achieving this goal and I therefore will tell you about a minor goal more in your area of expertise. While I am content with the way I live my life now on a reasonable retirement income I would like to earn some additional income on an ongoing immediate basis (not some time in the distant future) in order to enable me to undertake projects assisting the community in which I live, particularly members of the underprivileged and unfortunate groups of our society.
Since I am already involved in a number of activities that don’t require money that I would like to continue I would like to limit the time I spend on earning some extra income to two hours a day, working from home in order to avoid losing time on travelling.
Any suggestions?
Thanks and regards,
Manfred
Mark says
Hi Jon,
Just like everyone else, I would like to be comfortable!!!
But living in a counrty town away from seminars and hours to travel…nothing seems to work….I would hope that Im not the only person here who has not made a start (not even purchasing their 1st home) but have eyes and ears open to try and suck in some knowledge to fast track me, there is a fear factor in it and you should be focused on the future…not thinking of the past.
Most of your writing is about how to advance from the platform you already have, but to get to that platform is one of the hardest thing to do…from there you have multi options to advance your cash flow or investment properties……
So MY WISH would be one for us strugglers…..sure fire info that we can wrap our brains around and take that knowledge and focus on our goal without backing out!!!!!……..all I keep thinking about is your rag 2 riches story and how your outlook on life suddenly went technicolour.
We know these emails are for you to make money, but thanks for the personal touch as if you know us all.
Cheers,. Mark
elizabeth Vojvodic says
Hi,
2010 is my year!!!!
i would like more information on generating an income online…i have been looking at pay per click which seems interesting to me…..
Am open minded at the moment as i have a big morgage and the repayments are getting more difficult for me at the moment since i invested in a business a year ago and lost 200k in the hands of trusting someone..
i am also interested in import and export business which i find interesting too…so i would really appreciate your help on this..
Am just frustrated having not enough money left in my account to pay bills and morgage..i just need a breather…
thank you
teresa says
Hi Jon and everyone else. I am very happy because at Christmas I finally got my total (gross) assets to $1 million – after being homeless – literally – in 1998. Most of my assets are real estate as I know and like that more than shares. I think this is a big achievement for me. There is no quick fix – even though some of the people who have posted here seem to want one! In my case it has taken, time, patience, discipline and restraint (eg not cashing in and buying a good car even though everyone laughs at the wreck I drive – cars don’t make money for me).
I also am a single parent (mother) of a teenage daughter and just recently I have become resentful about how hard I work to fund her lifestyle – great social life, all the gadgets, new clothes etc – so I decided to either do it and stop whingeing about it, or change it. She is now on a very limited fixed allowance and anything else she wants – my answer is – get a job and pay for it yourself!
What I want in 2010 is to get more clarity on how I can achieve my goals – I know what they are but the path isnt clear and I find it hard to judge what to do or which path to take when different options come up. Then again – I also just put it out to the universe and it is amazing how things just happen. Cheers and all the best to you all.
Michael Henderson says
I would like to increase our cash flow buy our own home and 1 investment property,if I increase our cash flow the other two will happen .
Regards Mike
ashton says
My goal for this year is to be debt free buy years end so i can start again
Last year wasnt good but this year is going to be better
Im hearing you pamela
MICHAEL ROUTH says
Hi Jon,
First of all I would like to thank you for all your emails, video’s, offers and inspiration in 2009. My situation is a little unusual in that I am an aussie expat working in Egypt. So while I read and watch everything you send, I still feel frustrated that I cannot improve my financial literacy/knowledge more effectively as I miss out on a lot of webinar’s due to time difference and ALL the seminar/conferences you or your affilites (especially Dymphna) offer to aussies? I WOULD LOVE YOU TO PUT TOGETHER VIDEO’S or ONLINE CLIPS/SUMMARIES OF SPECIAL EVENTS so I can keep improving my knowledge and take action. I currently have no debts (except my one and only investment property). It is negatively geared but I have about $50 K in equity. I am planning on purchasing a more cash flow + next investment (like dymphna explains). Also, where do you see the $US/$AUS going in 2010 and would recomend investing in oil/gold/silver this year?? What options are there for someone who is a novice investor who doesn’t have a huge chunk of cash to put into these markets?
THanks again and have a great 2010 – Michael Routh
Michael Collett says
Hi Jon
Well you may have got more than you bargained for going by the resonse so far, so I’ll make mine short.
I have a block of land worth about 650k and 2 industrial blocks worth about 120k each and a house just reno’d in NZ valued about 70k with a line of credit of about 400k. My wish list is to sell our NZ property, build our dream home on our land about 450k build the sheds on our industrial (this is our retirement fund) and of course have this all paid off in 5yrs through real estate sales/reno’s/positive cashflow etc, as I need to give up my current line of work due to my health (arthrisis in my hands) I’m 60 now and not a heap of time to do this,
though I love life and a challenge, and am not ready to roll over yet!
Well thanks for listening, I’m sure you’ll get lots of challenges : )
Mike
Mary says
My friend and I want to learn all we can about joint ventures in renovating and selling property for profit. No one can seem to give us real details on what’s involved, legal aspects, accounting aspects, contracts, taxation etc. We know how to buy property, but how do we make renovating a business partnership (a la Reno Kings)?
Graham says
Thanks Jon for all the messages of support and great ideas and inspiration your emails have been.
I have retired and at 70 I am keen to eventually stop work by replacing my income with improved cash flow. I am just getting into working on the internet to create cash flow income and also looking at investing possibly in the US housing market. I am coming to Dymphia’s seminar in Sydney this coming weekend.to find out if this is for me. I still have difficultiesin the processes of selling other peoples products as well as producing my own products. My time is limited as i have to be the primary care giver for my wife who has suffered a stroke. Any ideas!
Thanks,
Graham
gil says
Hi John ,
Unfortunally the future doesn,t look to bright in my special circunstance.
I,m 41 yo, working 6am to 4 pm ( monday to friday )
Still renting and Not really knowing how to change this situation ( financially )
My Dream for 2010 is to get hold of my place and to start to get some investiment Property and assets.
Could you help me ???
thanks.
Shane says
Hi Jon,
My wishlist for 2010,
– becoming a father of a new healthy happy baby
– sharing the experience with my wonderful wife
– explore & learn more about personal developement
– see our good friends return safely from their overseas trip
– have the two properties we own grow in value
– pay down some bad debt that we still have
– purchase a cashflow property
– sponsor another child through world vision
– give some donations to people who are not as fortunate as us
My greatest frustration when it comes to money is??
When i see people who struggle & suffer because they simplely have no money, if only i had a lot of money i could help these people.
Another frustration i have about money is that i believe i know alot about the process and steps that anyone needs to take in order to create wealth, but i am disappointed with my own level of success. i have been interested in wealth creation for about 8 yeras now, i have read lots of books, been to a few seminars, constantly reading your emails along with other similiar successful people. I am 28 years old, i am fit & healthy, i have a good job, i have wonderful friends & family, i have been over seas numerous times, i do live in a beatiful new house and i always seem to get what i want if i focus on it enough and be patient.
I consider myself a very lucky and fortunate person, i have more than so many people will unfortunately never have but i do seek a much higher level of success so i can help as many other people as possible. I know i will eventually achieve this goal i am just frustrated that i’m not there yet!!!
Shane
Katrinna Brooks(katmoneymumxx) says
Hi There Jon,
Due to UNFORTUNATE Circumstances..my RENTING Situation has NOT Improved! I am a Carer to 2 of my Children..Full Time..HAD to give up work.
My DREAM Is to WORK…I’m Hopeless otherwise! from HOME…I was Unfortunately FORCED To Give-Up Work to care for my Sons after my Marriage Separation and Desperately have the Desire..Intelligence..and above all MOTIVATION…To see my Dream come to fruition. I am not yet FINANCIALLY ABLE To Invest..however I LOVE Watching the Market..and i DREAM.
Please HELP ME make THIS YEAR…My ‘NEVER LOOK BACK’ Year!!
Warm regards
Katrinna xx
(p.s-Love your work and simply can’t stop reading!)
Eric says
I too would like the US property seminar in Perth. Will have visitors arriving from Italy same weekend.
My biggest bugbare is that I haven’t utilised the big equity in my own home to bring in extra income. Also I am annoyed at the slump in my own super funds and would like to better utilise them.
I will have my son go to college in America in August and my resources and efforts seem to be concerntrated in that area.
With the many happening am still interested in getting into property investing
especially in The US as their appears a great opportunity to create passive income.
Looking to a properous year ahead.
Keep up the good content
Amanda says
Thanks for asking Joh,
Had you of posed that same question last year, (“What is your biggest frustration…..?), I would have whipped out a list, but fortunately you have cleared a lot of those frustrations with your emails.
So on to the next request of, “What I need from you specifically, would have to be more info on internet businesses! I don’t know if you remember last year in one of your emails you listed different types of businesses and mentioned that you would have more detail on it at a later date.
Since you first mentioned it, it seems to have pricked my interest in it. Also in regards to cash flow or equity I would have to say that both are important to me, but I have been focusing on cash flow last year so that we are in a position to build equity. Keep on writing Joh, it’s amazing how much I hang out for it!!!!
Regards
Amanda
Cynthia says
I would like to know strategies for debt reduction and am also interested assomeone else here said in finding someone who will actually show me a real life demonstration on buying property with none of my own money. I learn by being shown how to do things not just someone telling me.
S. says
Dear John,
I would like to know how to make money from the internet as you mentioned on your previous email.
I would love to invest in property, but financially it does not look like it is possible. Eventhough I have equity.
There are many other reason why it is financially difficult but too personal to mention.
Would love to go to some of the Seminars but are too far from me. Would be good if The Australian Capital Territory would be included for the Seminars.
Regards
jason says
HI Jon
Looks like ur going to be busy, Our goals are to buy our third house at the end of the year. We are only 22 and 25 and have had a bad experience with renting so we want to buy a older house and do it up, then hopefully have a good deposit and buffer zone for the next one and keep that one. we have about 70 000 equity and a deposit
we are also in the process of buying a new car, are we better off in the eyes of the bank paying more money now for it and having a smaller loan or have a higher loan and saving the money for the deposit and reno’s.
my biggest frustration with money is having todo something i no longer want to do, and not having enough of it to buy a ferrari.
any advice on my plan would be great thanks, Jason
PETER WAY says
hi jon,my main goal is just to get out of debt,to own my farm outright ,and not owe anything,i just seem to be taking one step forward and two back,it,s tough just staying level,let alone getting ahead.to build my income up to one hundred thousand a year would be great.
Colin Evans says
Hello Jon
I’m not facing the grinding problems of most people – bringing up families, mortgages etc as I am retired.
I’m not wealthy but not poor although my financial position is somewhat inflexible.
My goal for 2010 is to generate more money, either income or capital, to employ people around my house to do things which a MM cannot do ie get someone in each day to clean the house and to have the time and a small amount of money to develop outside interests and hobbies.
I may also be able to accomplis this through working part time but because I would be very choosy want to be independant of the work aspect..
Also having extra money would allow me to help people whose need is greater than mine.
Your input, Jon, would be appreciated
Colin
Tammy says
Hi Jon,
I would like to focus on gaining more cashflow and possibly by investing in property.
We are 26 and 30 and are focusing on buying our first house by the end of the year and trying to save a deposit whilst renting. We have been renting for 6.5 years and just cant seem to get in front.
I get frustrated when I cant help someone out when they need money because I am in the same boat.
I just want to be able to have regular income coming through other than my pay.
Any advice on how I can get started?
Regards Tammy
brian jackson says
hi, my goal for this yr is to have 2 or 3 positive geared propertiesgenerating income, my goal for the next 6 yrs is to have enough positive geare property to accumulate at least $250000.00 per yr so i can retire from mining and pursue other money making interests with the confidence of having that income behind me.
not much to ask really??
brian
Carrol James says
Dearest Jon,
Well I should start by saying thank you for asking what my goals for 2010 would be.
To be totally Happy and at Peace first and foremost..Love my Family as always..
Help others !!!
I would like to change my financial position…I bet you haven’t heard that one before..!!!!
To build My Company Source Properties Services to be financially strong and grow beyond even my dreams…..
I need to commit to making the time to do the dymphna course which I signed for last year..I am excited to be able to learn to manage my affairs efficiently and build a great investment portfolio. looking forward to building my Bali Home for the Winter months & supporting an Orphanage there… I would like to be able to purchase a couple of investment properties with the no money down deals Dymphna talks about which was her first purchases I believe….I would like one of them to be
in St. Kilda, Elwood area as an investment 3 bedrooms.
I would love to do an option on a property,large land parcel.
Do two renovations this year also along with a development of two town houses which will be starting soon..
Thanks again Jon.
Best Wishes
Carrol James
Su says
The frustration is holding onto it! I want it all – security, and more time. Somehow missed out on financial education and also made some unwise financial decisions in the past. Now behind the 8 ball!!!
Kathryn says
Hi Jon
Thank you for providing such a forum for like-minded people.
As with many others, cash flow positive property investment is my interest and aim. Living in Victoria, I feel frustrated that such properties only seem to exist in the QLD market.
I’ve attended seminars and will be at Dymphna’s on 16 Feb, her work and advice resonates best with me. However, I’d like to stay close to home with such investments and am yet to see such opportunities in the Vic market. I have 2 IP’s in Vic and both have just become cash positive. That took many years and required a good income along the way.
My aim: to acquire cash positive properties that replace my income and can generate long term capital growth as well. But I need step by step instructions as past research and advice from seminars has proved fruitless to this point.
Many thanks
Kathryn
raelene lovett says
Hi Jon.
I would just like to be able to have money there when I need it, but I just cant do this.
Last year I was ripped off a large amount of money I gave out and I lost big time, so I havent been able to get back on my feet again. My ambition is to own my own home and have a nest egg so that if anything happened to me my 4 children will be left with something. So with no money how can you make a living. How can I better myself with no money. If you can truely help me I would be very grateful to you.
Yours Truely
Raelene Lovett
Cherie says
Thanks for all your inspiring messages during the year Jon. It’s been very educational reading about your tips across several wealth vehicles and especially re stock that could do well into the future.
However we feel totally niaive about how to buy and purchase shares using our home computer and internet access. So if you can somehow offer a dummies guide to accessing online stockbrokers (if that is what is involved) and buying and selling shares across the internet – to demystify the process that would be great! Not a full day or three day seminar – just an hour online demo/tutorial/ meeting?
Lisa-Jane Goss says
Hi Jon
I received your DVD’s today in the mail and started reading your book last night. I just couldn’t stop myself reading it – hence a very late night.
However, my goals for 2010 are:
1. Educate myself so I can confidently make great financial decisions
2. Increase my cash flow
3. Use what I have in equity to increase equity and cash flow
4. Have some spending money just for me, without having any guilts!!!!
As for your question about my greatest frustration when it comes to money – is the feeling of being trapped when I don’t have enough of it to be able to fulfill my life’s dreams.
Warmest Regards
LJ
Annette Aror says
Hi Jon,
I want to say thanks for the information u have shared with me and a host of others all this while. God bless u. I subscribed for ur mails just out of curiousity cos i never tot i wuld get anytin worthwhile from them. But u have proved me wrong.
I am a Nigerian and i live in Nigeria. I graduated from school some 2yrs ago and have only just started working some 4months ago. However i have always had the desire to be my own boss, make money from my efforts and creative abilities etc. I am very much interested in the property business amongst others and i know now dat no matter how many people get into the business there wuld still be room for one more as people need houses.
Like i said earlier i have only just started working and so i cannot say i have anytin saved up to invest or refer to as equity or even cashflow, but i have dis strong desire to start sometin real soon, like dis year no matter how small. I have a very dear friend who is willing to partner with me to encourage me to get started, and so i am hoping u have time and advice for beginners like me who want to go into the property business and any other business at all.
Best Regards,
Annette (Nigeria)
Helen says
I have my goals… I procrastinate and become lost in the daily business of work!!
I live in the country and networking is a little difficult.
I would love a mentor who doesn’t cost the earth, someone who can give me a nudge when I need it!
Could such a assistance be included?
Many thanks
Helen
Joan Rowley says
I rely on winegrapes for income. This year and for sometime in the future, there will be none. In fact it will be an expense. I need to generate cash flow and quickly. I am 61 and so no longer need to play life safely as the main provider. If your ideas set me on a positive path then I am away. In the past I have gifted 10% of my income. I want to be in that position again.
Looking forward to hearing you,
Joan
Vicki Ka says
Hi Jon
Over the years I have done a lot of reading on property investment; have the Rich Dad, Poor Dad series by Robert Kiyosaki and a number of other books. However, am still working a 9-5 job that I don’t really enjoy. I would love to build equity and cashflow, and understand that it isn’t an overnite fix. Like anything it takes time and a lot of hard work, which I’m used to.
Essentially, what I need is motivation and the right tools to work with, and to be shown the way with some guidance from yourself.
Look forward to hearing from you.
Vicki
Russell Smith says
To experience everything in whatever capacity seems appropriate in the moment.
Mario says
Hi Jon,
Goals:
Wold like to build my portfolio of positively geared properties
Quit my day job
have enough income generated through property to accommodate my lifestyle
Right now I have a two properties one of which is an investment negatively geared)and the other I live in.
Regards
Mario..
Jacqueline wilson says
Picture Female 49 divorced 1 bright child with high hopes for future if i can just find some way to educate her. work sun up to sun down.NO MONEY = NO INVESTMENTS, LITTLE SUPER and everything else is well below average, though we are not starving. Every peice of advice i receive is invest x thousand into this or that. if anyone can help it would be a miricle. Situation going down drain like a rat.
Dreams lots
Hope little to none.
thankyou
Ron says
Hi Jon.
I am a poet and I would like to find a way to make money from it. I have a couple of Domain Names already and want to build a website around my poetry.
As I have never had a business before I have no idea where to start. I learn by doing and watching others then improving on what I have learnt. I find it easier to look over someones shoulder to learn how things are done.
Any suggestions would be appreciated Jon.
Thanks,
Ron
norm says
Hi Jon
57 with health issues and broke in 2010 plan to come up with $1000 so i can trade forex with a group who is totally transparent with how they trade through the computer or if i don’t want to learn or i can’t be bothered learning they even provide SMS text to alert you what trade to take and how to do it (as long as you know how to send a text message) so you can be anywhere with mobile phone coverage. Its really quite straight forward. The best part of it is you can start making money just about straight away. I’ve watched them and traded along with them since they started for about 2 years now and they and their results are genuine. They’ve made lots of money and recession hasn’t had any effect on them. Just haven’t come up with that elusive 1k just yet.
Regards
Norm
David Lynch says
Hi Jon,
Thanks for your invitation to talk about my focus and my goals for 2010, firstly I would like to thank you for the emails sent from your site, they are invaluable and give me great inspiration on top of the inspiration I have built recently and your book Millionaires Phenomena which I will be implementing strategies from it as soon as possible. Well I wasn’t going to write in after I saw all your responses from people that own a lot of property and stuff wanting your help and here’s me 41 yrs and don’t own a property and are basically penniless at the moment…..lol.
But then I thought , what the hell I got nothing to lose and eveything to gain and if anything it will help fortify my goals and focus for this year and give them some momentum.
I have worked hard in my life so far. having kids at an early age ( 3 awesome sons ) and basically I earned enough to keep us living and wasn’t really able to save as wages aren’t that great in N.Z and what we did put away got absorbed up in all those extra costs that come with kids upbringing as I’m sure a lot of you can relate to, my partner and I seperated after 17 yrs and I believe financial hardship had a good input on that. I came to Australia 2 years ago to make a better life for me and later my boys.
I have been working in the mines for a year or more working 84 hrs a week and then paying nearly half in tax. I moved up to Queensland to try have a better quality of life. I brought a ticket last year for 1 of my boys to come over here to live with me and he came over a few weeks ago because he has a natural talent for basketball and i am focused on developing his career and future success and my oldest son who is 17 when he comes over in a few months. But now the job I thought I had has fallen through and I have had to pawn off some of my belongings to pay for his uniform for school and put some food on the table, now I have never had to do that before but hey we do what we have to, to get by, I dont get any benefit from the government and have never had too but I surely would appreciate it now ,really I don’t know what next week will bring. I’m telling you this not because I want pitty or financial assistance because through all this adversity I am thankful for what I do have and that is my health, my sons with me, a roof over my head and also i have strong hope and faith that things will get a whole lot better this year through my goals and strong desires to be a successfull entrepenuer. I have been investing in knowledge to be able to make this possible and I highly recommend a company called Simpletruths founded by Mac Anderson , they have some great personel development books with authors such as Zig Ziglar, Brian Tracey and Mac Anderson and books from the likes of Wallace .D. Wattles.
Now Jon I believe I have a really great product idea that I derived from being a father to my kids when they were little and are finally going to stop procrastinating and put it into action and if there was one bit of help you could offer it would be just to share my ideas with you and get your opinion on it and if you liked the concept maybe give a bit of mentoring advice on how to develop it .My goal for 2010 is devoloping my ideas and improving my financial circumstances and I will be focused on that and developing my boys futures so they don’t follow the path I followed. And at the end of the year I hope to prove what can be achieved from being at the bottom to being financially successful and telling a different story at the end of this year. My frustration with money is I am totally over being in a JOB ( just over broke ) Thankyou for reading my story and i wish everyone a successful and prosperous 2010
Liz says
Hi Jon,
I want to take this opportunity to express my appreciation for all the help you have generously provided to me over the years.
Thanks for the opportunity to share my goals and dreams for 2010. This year I will complete my hearts desire in my new home, good health, true love and contribution to society.
This year, I will renovate my new home and create beautiful and tranquil surroundings and an environment that balances my energy. This year, I will build physical strength and resilience and restore good health in my whole body. This year, 2010, I will find my true lovemate, the one who feels just right to me. This year, I will renew my contribution to society, through teaching and scholarly activity and I will establish Gaiacare Institute for the research, teaching and practice of environmental sustainability.
I wish everyone success, however they define it and am grateful for any assistance or guidance that comes my way ..thanks again..
Regards
Liz
Kelly says
Hi Jon,
Firstly, I would like to thankyou for all the encouraging messages that you have sent to date since I became a member.
I had thought about seeking some advise from you inrelation to getting a small business off the ground but I thought it was too personal so I never wrote to you. Now that you have given me this opportunity I wish to seek some advise from you.
I’m an international student studying here in Australia. I’m doing Master of Forensc/Investigative Accounting. I have over 15 years of investigation experience and I work as a police officer (investigator) back in my country. Before coming here I had registered a business name to set up a private investigation & consultancy firm. As soon as I return upon completion of my studies I want to get the business running.
Getting this business registered and running has been a dream few years back but I never had the guts to actually get it registered and started. I’m afraid I might not get it rolling again this time. Please, give me some advise as to how I should get it off the ground. One of the dunting jobs I believe would be the securing of business clients.
Thank you.
Kelly
Jason Unwin says
G’day Jon,
I am 31 with a beautiful wife and three kids. She stays at home while I work, which is a great for the kids to have mum around.
My main aim for 2010 is to save whilst paying off dept. My problem is however I need extra income at this stage to do that. Furthermore my job takes up 12 hours of the day, but I have alot of spare time to use during traveling to and from work which I may be able to use for something.
I have been reading all of your emails and decided it was time to respond, particularly to this one.
I need alternatives while at the same time maintaining my current income.
Any help or advice would be great.
Thanks Jon.
Kind Regards
Jason Unwin
steve says
Hi Jon
My focus for 2010 is to learn more about investing and wealth creation. I have an investment property and a small share portfolio but want to build these up so that within 5 years I can live off these investments rather than working. My greatest frustration with money at the moment is not understanding the system enough – shares, super, taxation etc relying and having to ‘trust’ others to do what’s best for me…..
Look forward to hearing from you throughout the year.
Cheers
Steve
Sam says
Hi Jon
My goal is to be able pay my credit cards off ASAP. The reason I say that is because if I dont find money to start making payments on them in the next 3 to 5 weeks I am going to lodge / apply for Bankcruptc
As you can see my goals are pretty well set it is do or die
Christina says
Hello, how are you going? 🙂 I love the stuff you teach us. I would like to learn more about how to have and keep a wealthy mindset, when most people you know don’t have one and they drag your mindset down, especially when everyone you know is telling you that you should stop reading and studying and go out and have fun instead etc, and who look at you like your an alien when you tell them I want to make money from business stuff, and then they say “You CAN’T do THAT!!’ which of course means that they cant do that. But their negative mindset gets contagious and they make you feel like you’re totally weird because you study and read. If someone spends $200 on a new dress, everyone is happy with that. But if you spend $200 on a seminar or book, they all go ballstic saying what a waste of money it all is. I get teased about it so much that I’m starting to feel like a lonely alien from another planet!
Diana George says
Hi Jon,
You sure have a really long list to work from. So I won’t add to that list and instead focus on what many (with very little) are crying out for.. And that is a little (and in some cases a lot) of help.
A lot of people seem to need to see something (that doesn’t cost the earth to implement) working and making positive cashflow.. and to be taught the disipline to make it work. It would probably serve some cash-strapped people well to learn about some of the good disipilined trading systems that are available.
The net’s swarming with hustlers and the likes that it’s like swimming in a sea full of sharks and other desperates wanting to take a bite out of you to survive.. You really need to have “full cage protection” via good education and some discernment! There is some good stuff out there if you can sift through all the rubbish.. and steer clear of the sharks, hustlers and desperates!
So how about checking out some ‘true-blue’ trading systems that don’t cost the earth, and getting them out there for people to to have a look at? And perhaps some costlier ones too for those who can afford them.. Thanks!
Ps: What do you know about “ShareLord’ and “Share renting”.. It sounds like a very good system without the usual associated risk.
Anthony says
Hello Jon, i must shake the procrastination thing and start acting on my thoughts. I have all the tools and enough knowledge to generate cashflow. I am having trouble taking the leap of faith and have little confidence in myself !!
I am currently employed with a package worth 100k per annum but this takes me away from my young family for 50+ hours a week, i am having trouble walking away from the job. Need some confidence.
Your Thoughts appreciated.
Anthony
Clarrie says
I have spent a great deal of time trying to devise a “leave my day job plan”.
We have both commercial and residential, if there were no debt we would probably have a nice net income in the region of 200k net. But in order to get there I would probably need another life time AND we want to keep growing the portfolio. So far I have the above debt reduction, or living of equity ( debt ), can’t imagine that being too successful at present unless you had a very comfortable buffer heading into this crisis.
Thought on how the Big Boys / Successful types manage.
Clarrie
Paul says
I have trouble writing my goals. I know i want a few houses, a few thousand acres of land, flash cars, residual income etc, couple of mill $ in the bank etc, but can’t visualise or write it down properly? Don’t know how to go about it?
Any ideas appreciated.
reece says
Trouble trouble trouble.
this year i was planning to pay off my personal loan and save for building a house on a property my partner and i have attained. so far ive worked two weeks since the 18th of december. making this year terrible start.
i want to be able to work from home with a simple system that will make me money and yet give me time to enjoy life. at the moment when i work should i say. i work for 13+ hours a day and i feel undervalued.
any help will be appreciated. if thats what your main game is.
yours sincerily. reece
Michelle says
Hi Jon,
Wow you have a tall order here having read the previous posts! 🙂
This year I am looking to buy properties in the USA, I am primarily focusing on cash flow multifamily.
Some of the deals I have been looking at have up to 25% net cash on cash returns.
I have found many great deals and have a great team to over see, I have the knowledge and the contacts.
I am in need of investment partners to do the deals, there is so much opportunity and it is impossible to do it all on your own.
I have done JV partnerships here in Australia very successfully and would like to do the same for deals in the USA.
I am going over in April for about a month and will be sourcing deals.
My only need is some JV partners with cash and the guts to go for it with the help of a great team.
I do the work, they bring the money.
I find that when doing a JV that is the best way to avoid “too many cooks”. we both bring a different skill to the table. This philosophy has worked very well in my previous JV partnerships.
I am happy to teach as we go so they can “earn while you learn”.
My greatest frustration is connecting quality investment partners.
A networking event that brings together the investors with the skilled deal makers would be awesome.
Thanks
Michelle Smith http://www.CashFlowHot.com
Jean Lowry says
Hello Jon, No matter how hard I try I cannot seem to get referrals for any affiliate program I try.
What do I have to do to get referrals? I do not have any spare money for PPC etc.
Jean
Robert says
Jon,
Like the Seminars you and Dymphna run and took up an option with JB Global last year however, many of these are advertised at very short notice (like Dymphna’s latest series). Unfortunately working in a NSW Regional area the short notice means its difficult to make it to Sydney/Parramatta for these Seminars. Can we have a bit more notice this year if possible (just an extra week would help).
Teresa says
Hi John,
I am early youngish 50s, but company I was working for, were going under and hence my job became redundant. As health has been an issue for some time, won’t go back to a ‘job’. My home is worth about $370,000 and owe $15,000. Would like to make money from home. Have been to many seminars, including yours, and am very very confused. Internet business? e-bay? other type business? Cash flow is imperative. I agree with Thelma. I would be interested in a Joint Venture with a class re property. Help! Please.
Thank you,
Teresa
Karen says
My goal is more passive income therefore more Positive cash flow properties. To continue to do this I need equity so I also need capital growth properties.
There are not a huge amount of seminars in Perth and when they are, they usually happen on a weekend – family time when it’s hard to get babysitters… So if you could keep that in mind when organising and try to get Perth some weekday seminars.
My biggest frustration with money is not aquiring it quick enough. Although I do think I’m a bit greedy as no matter how much I have, I always want more.
I would love to do a seminar on Vendor financing… How to approach it and what the steps are and perhaps incorporating Sub-Dividing/Developing.
Thanks Jon,
Karen
scott says
i am 22 years old and saving up to buy an established business. I would like information about how to choose which business and your experience in running businesses.
Frank Schoo says
Well Jon, I am 63 and forced into vitual retirement by redundancy.
I had 2 properties at the time, I decided since future income was very uncertain, I would likely be forced into a fire sail situation. I sold both properties to clear all my debts, I then purchased a unit for myself.
Now I am time rich, I have not found any genuine income method on the net.
From my experience nearly all such systems being sold on the net are just money making schemes for the sellers, at best buyers loose their money and have to use the same scam to get any income.
If I am going to improve my life standard I need more income, I am prepared to pay a percentage of my earnings to the providor of the method, in return for the help. I can’t afford to risk paying up front for something I don’t know will work for me.
I don’t know if you will be able to read this, there is so much to read.
If you do perhaps you could have a look at one business that seems to be offering genuine help, either that or they are much cleverer than all the others I have seen.
http://cashflowfunnel.com/blog/free-software/cool-traffic-getting-software-that-you-can-use-for-free/
These guys have a business called Qick video marheting.
Monica says
Hi John
I’ve recently moved back from London and am having trouble obtaining finance, as i’m setting up a company at the moment. I’m trying to do vendor finance deals (or even 30% of the purchase price), so I don’t have to use my own savings, but i’m finding it very difficult to find willing sellers. Any advice would be appreciated.
I currently have 2 properties in the UK, and 2 here, one which is 50% ownership. The UK properties are of no use here for equity that I can see. I can’t refinance one yet, but the other (50% owned with parents) i’m working through refinancing at the moment and we should have a line of credit of approx $140k.
So i’m just finding it a bit tough to get back into the market here, and I’m quite impatient so I wanted to buy yesterday!
Appreciate any thoughts you may have
Many thanks,
Monica
Jenni says
Hi Jon,
Learning how to make money by all different ways is great however if ones mindset is not focused then whatever is made is easily lost and if the mindset is not right then the money won’t be made in the first place. I would like to learn more about ways of changing my mindset as at times the old poverty mentality creeps in. I have done the Holosync, some subliminal, paraliminal, affirmations, goal setting and a host of other things and am still not where I would like to be. Any other ideas would be appreciated.
Regards,
Jenni
roy elison says
I have just sold a coff ee shop in the city. After 20 years in the game Ihave decided to go back into sales, the job which afforded me the means to immi grate to australia.I was looking for the best motivational literature or program to remove some cobwebs and help rise above the average in Sydney Real Estate market thank you for your interest
Keshab says
Dear Jon,
whatever we face and have, altimately, matters come to money. I am from IT(information technology) background. I want to earn money from home with the use of internet and computer. Though i work some where, if i can make money from home at least $500.00 per week, i won’t go to work outside. Furthermore, i want to feel peace of mind. I want to develop concentration power which is lacking at the moment. I want to control all my organs from brain, i want to make some variation between brain and heart. I want to give more priority to brain rather than heart so that i can take decision from brain not from heart. In addition, i want to healthy physically and socially wealthy as well.
I look forward to get my curisity in next email.
your faithfully,
keshab
Jason says
My main goal for 2010 is to be free of personal debt and build an additional income through spread betting on the UK and Australian Stock Markets. I am based in the UK and feel that 2010 will be one of those years you look back on as a real good year.
I would like to be personal debt free so that I can purchase property in 2011 and build my wealth for the future.
Jason
Bill says
Hi Jon,
Yesterday my goals were different from today. Last night got a call from Bangkok as son No 2 has been in hospital all day in surgery. So I am off to find out what is going on. Talk to you when I get back.
Kind regards
Bill
margarita Rodriguez says
Hello Jon
I thinking that the Universe is the most wonderful space, that connect us with the people we want and we need to rich our mission in this planet.
I had the vision on 1963 that I was born to do and making something special to the world, I had to pass to several experiences and some painful too, reasing 3 children and come to Australia
I have several mission, the most wonderful was have children, travelled to Australia. and others..
Now I am ready to do my mission and soon to end. I trust the Universe and believe that this year 2010 and soon it is in my hands, to go head and working hard to end one of my mission.
I need someone spiritual who understand the laws of the Universe and love the Universe to help me with my English corrections
Dear Jon if you know someone interest in sharing one of my mission I am open my door and welcome.
The life is short to do and learning all the knowledge we need to take to our heaven. or with us.
The Universe bless your goals and your team to do this mission.
My regards Margarita Rodriguez
Kim says
Hi Jon
My partner and I almost own our house(We owe $20,000, it’s worth $320,000), we have an IP(We owe $209,000, it’s worth $305,000) that we bought 3 yrs ago and are looking to get another two this yr, we are on minimun wage, we have been looking at another neg geared home and a neutral geared site in a holiday village, my broker told me the other day that if we buy one (or the other) it will use our equity and we will have to wait another yr or more.
I’m not sure how we can buy several neutral or positive geared properties in the same year, I know it can be done, just not sure how?
I donnot have an income, and cant work so I want some positive properties to make an income for me so we are more appealing to the banks.
Any thoughts?
Rose says
Hi Jon,
This year cashflow is very important. We bought 4 Inv properties between 2006 and 2008 all brand new and in good areas, all negative geared and costing us money. I did Dymphna’s course a few months ago, we do not have money to buy property here, the deposit is the obstacle as we are on low doc loans. We are going this weekend to the seminar on US properties, we think US properties in our portfolio would balance out the figures, and get us ahead. Next on our list is to renovate our house, then retire from our day time job, and trade from home on forex and affiliate marketing to replace our jobs.
My greatest frustration is not being able to get money to buy properties.
Thanks
Rose
Ciaran says
Hi Jon
Firstly , id like to build cash flow and wealth. I currently have an investment property of my own, $230000 owing on the loan rental return is about $440 a week. I also have another half share with my brother we pay interest only on $290000 with rental return of $340 a week. My fiance has a duplex that we are about to rent out for $340 a week on a $285000 loan. We are saving hard for our wedding this september so disposable income is low. Im a carpenter and run a proprietry limited company and my fiance is an assitant principle.
Not sure what my/our next move/s should be , want to build cash flow so i dont turn into my old man and not be around when my kids are young ,due to working his ass off.
Any ideas?
Cheers Ciaran.
Dihan says
My main goal for 2010 is to be free of personal debt and build an additional income .
i would like to do property investment but i do have issues getting loans. any help on that or ideas?
rgds,
Desley Casey says
Hi John & All,
Many thanks for giving me (& us) the opportunity to tell you what type of support & information we require to meet our hopes & dreams for 2010.
I would dearly love more information on a broad range of wealth creation strategies where people don’t give me the hard sell on the day. I find pressure selling is not conducive to my making financially responsible and informed decisions on which avenues/ education and wealth products to access. Hence the seminar I attended with Peter Sun that you hosted late last year was a very refreshing change and a privelege to attend. Peter went all out giving as much information as possible and not give the hard sell to purchase his product. I learnt heaps as a result and thoroughly enjoyed the day.
I have 2 key frustrations in relation to attending wealth creation seminars even though I do find them informative. These being:
(a) Not being given full information on the product – including – any of the ongoing expenses that I will be required to fund in order to implement the product to the best possible advantage – and speakers insistence that I make a half baked decision in order to receive either their discounts or bonuses – and dare I say it totally emotional decision to purchase without having the opportunity to fully research their product, check my financial status and work in any proposed financial implications.
(b) The sheer cost of some of the products. I fully realise and understand originators of the products etc. have to make a living. I find the prices appear to all intents and purposes plucked out of the air and are such that ordinary people like myself who are really wanting to make changes and create wealth simply don’t have the financial means to do so. I also understand in many respects product originators have decided I may as well set a high price as some people will pay this and I will have to overall either do less work or the same amount of work.
Now I’m really in dreamland here however here goes: Wouldn’t it be wonderful if wealth creation seminars were such that speakers give full information about their product, all the ongoing costs to successfully implement their product, listed their product on a website for at least 72 hours (complete with all discounts/bonuses etc. they wish to give people) so participants can go home, seriously consider and do their financial budget crunching, talk to their partners (if they have one) and make an informed decision. In my erstwhile view, if this were the case more people would take up the product of their interest, see it through and genuinely be able to create wealth and take action.
My second dream is that product originators would create some education products for ordinary people like myself that is totally affordable and will assist people to really get started developing and creating financial wealth (kind of like a stepping stone process) so people can start increasing their income in order to then take up other wealth creation courses to continue to generate income wealth. Many people can only carve up their waged income in so many pieces and there is only so much debt one can handle without becoming bankrupt.
Believe me John it is very disheartening attending wealth creation seminars, becoming excited about a potential wealth creation product that appeas to fit the individual bill so to speak and then be told the price which is simply way out of reach and not able to afford it – even with the payment options offered.
I guess the question I would like to put out for further discussion and debate is – do wealth creation experts genuinely want to educate and enable ordinary people to become independently wealthy or really is it simply all about the expert creating and increasing their own wealth? Are the 2 mutually exclusive?
Yes, I agree one does have to take action – however one should be encouraged to become fully informed and take all aspects into consideration before making a decision.
I also find it rather insulting that wealth creation experts (including in wealth creation books) rave on how the general population are ignorant and don’t become wealthy and put in these strategies. Well here is one ordinary member of the population who would dearly love not to be ignorant yet I don’t have the financial means available to become fully educated, and have to work at this far more slowly than I would like to.
Thanks again for letting me rave one and giving me the opportunity to tell you what my hopes and dreams are.
Talk to you soon,
Desley
Alison says
Hello Jon, Thank you for your emails. Some have given me food for thought about lots of things. In my situation I can’t do much about it but sometimes it is just nice to write it down.
I am 61, recently separated and my husband wants half of the proceeds as of course he is entitled to.
The house is worth around $360,000 and we have a mortgage of $200,000 on it. That would be around $80,000 each then take out real estate fees etc.
My income is $300 per week and I thought i would put the money in the bank and get a little interest on it to add to my weekly income.
I have tried to think of many ways to save the house as I have 2 small dogs and that would make it hard to rent a flat.
I have thought of dividing the house into 2 flats and selling one but the costs would be too much to do this and the bank also wouldn’t loan me the money.
I can’t rent out the house as my husband wants the cash.
All in all, I can’t keep it but was just a little concerned as to the future at my age. Really, it’s just a case of get over it and get on with it. !!
Alison
Geoff Pittaway says
Hi Jon
My goals and focuses are like any man who has just had his first family, I want to be able to provide well and do all the right things for his family, but providing for 3 on one income isnt easy, also i have not long gone through a rough divorce which financialy crippled us and has also now left me with a bad credit file, we have managed to put som esmall savings away again and want start investing in property again, how does one do this with my hurdles i now have
Warmest Regards
Geoff Pittaway
Geoff Pittaway
Koen says
My financial goals for this year are :
– Create altenative income stream by starting successful franchise.
– Transpose into different career which I would be more passionate about, with similar or better financial reward.
– Raise additional $500.000 in syndicate to purchase 50 hectare beachfront.
– Purchase further cashflow positive properties.
Ultimate goal is to have passive income stream of 10000/month by year end.
DAVID says
HI JUST A 1 THING THATS ON MY MIND IS HOW THIS OR THE SERVICE CAN PROVIDE ME WITH THE CORRECT INFORMATION ABOUT BUYING A HOUSE OR PROPETY THAT IS RIGHT FOR ME BECAUSE I AM CONCERNED ABOUT MY CAH FLOW BECAUSE I WORK FULL TIME AND WHAT I EARN AND WHAT I SPEND ARE TO DIFFERANT THINGS. I AM JUST LOOKING FOR AWAY TO GET A HEAD IN THE RAT RACE.
ANY FURTHER INFOMATION THAT YOU COULD HELP ME WITH IT WOULD VERY HELPFUL AND THANK YOU FOR ASKING ME WHAT I NEED NOT TO MANY PEOPLE AKE ME THAT QUESTION
REGARDS DAVID
James says
I have just turned 48yo in mid January, lost my business, 2 houses and my 2 kids to my ex wife back in 2001, in 2005 I entered into my 2nd serious relationship which she was and is the Greatest Love of my life, this ended horribly in late 2009 and has totally destroyed me, the reasons and events that occured has prompted me to build this site http://www.infidelity.beesimple.co.uk/
My financial situation is at it’s lowest, I have $12 in my bank account until my next payment from Centrelink as I’m waiting for a workcover claim against my former employer for abuse, harassment and bullied at work. All this and more was getting too much for me to cope and on Sunday the 31st of Jan I attempted to end my life in which I failed thankfully!
I have some great business ideas and projects that I’m working on and educating myself as I go along in order to get them off the ground and up and running, as I don’t have the financial means to employ a development company to develop my mobile applications and websites as they require skills which I don’t have, I seek anyone that is willing to help me whether it be advise, investing or developers who wish to get involved in becoming partners and sharing part of the profits. I focus and give all my time to these projects as it helps me to stop thinking and dwelling on my problems.
If there is any genuine interested person/s in helping me succeed please contact me at [email protected]
I look forward to hearing from you soon.
Lindsay says
I would like to eliminate all debt to the point that my current investments and those in the future yield enough cashflow to allow retirement in 2 yrs. This would involve acquisition of additional property. Providing there is reasonable capital appreciation of 8%+ I would like my property to yield positive cashflow, and be in locations that are easy to liquidate if needed (probably <10kms from a major city or in a major growing regional centre.
This is about being comfortable, providing for the family, having freedom to do the things we want to and having the capacity to contribute back to society as the opportunity arises.
Marc says
Hi there.
I am very new at this and would like to start….. something really soon. We are struggling through life and want more. We would love to know how to get started, have some cash flow without having a lot of money to start.
So my goal is to do some research and start as soon as I can!
Marc
Natasha says
What is the chance of a supposedly rich guy taking the time to read all these messages and actually give a damn about helping us poor people? seriously!
I’m a mother of 4, my husband applies for dozens of jobs every day and can’t even get an interview. We struggle to just scrape through every week hoping our bag of powdered milk doesn’t run out before the next pay day.
So if you really are reading all these messages (which I highly doubt) I would really like to know how I can make truck loads of money online with absolutely no money whatsoever.
Travis Gullidge says
I was recently made redundant and have been doing casual work to pay the bills. I have a new job in the pipeline which could be the promotion and avenue I have been looking for.
With the extra money I will be earning I would like to;
1 – pay off my mortgage quickly
2 – start a property portfolio
3 – plan for an early retirement
4 – help my family (especially my sister) obtain finiancial freedom
Any tips or upcoming seminars in Perth I would be highly interested in attending
Kind Regards
Travis Gullidge
Michelle 4 February 2010 6.31pm Qld says
I recently moved to Townsville from the Gold Coast to be closer to my family and grand children. I have been unable to find work for over a year, leaving a job previously I had been in for 12 1/2 years.
I have drawn out my Super to live on until I find employment, I am 57 years of age, no chance of any savings as I am paying $330.00 a week in rent.
Please send any advice.
Dino says
Hi Jon ,My greatest frustration is knowing what to do next. My wife and I have a successful business that we put a small amount of time in(run by staff)so I have time to do other things .Cashflow is important to me, negative gearing to me goes against my rules of making money(lose money to make money).I have interest in shares ,but lack confidence to trade in the market. I would like to get into commercial buildings but alot of money is needed,but cashflow would be better. Can you help with some direction. Thank you
Susie says
Hi Jon,
Thanks for this initiaitve – great idea. I would like advice about how to have a mix of properties to reduce risk. I currently have 2 units and hav signed up for one more off the plan. All with neutral or positive cash flow. Now I want to get a few houses then some small commercial factories. Advice about this would be great.
I would also like a ‘how to’ guide for buying property in the UK.
Actually answers to these questions will keep me going for a couple of yesrs!
Ciao
Suie
Zamile says
hie Jon
Thanks for all the emails,they have been an inspiration.
I want to make 2010 the best yet for me and the family. We juat bought
land and will start building soon.The biggest challenge has been raising the
required deposit and this has made me realise that the procrastination has to stop.I dont want to borrow form Peter to pay Paul any more,dont want to be amswering calls about non payment of debts.With that in mind ,advise about opportunities that require low start up costs will be appreciated ,iam prepared to put in the hard yards,after all i am working long hours for someone else.
Thanks Jon
Phillip & Andria says
Hi Jon,
Immediate Goal:
Generate $50K per annum passive income
Wish list:
1. Managed access to you in person to learn everything you are prepared to share re buying in US. Access to you at the moment is like a fortress. Your staff cannot offer any information. If access to you is unrealistic, then perhaps offer others with direct relevant recent experience??
2. A copy of the Feb 6 2 day event re offshore buying on DVD for FREE for those unable to make it that purchased your moving sale package and receieved a free pass to the event.
3. Show us positive geared properties in Australia that are not in mining area or student housing eg Boronia. Where the numbers actually stack up after doing due diligence. Retrospectively is fine. Our experience, you need at least 10% ROI.
4. Regular cutting edge housing hot spotting info that is shared would be nice. City fringe areas, rural, emerging growth corridors etc.
5. Information on useful websites for all of the above, esp US.
Minor note – would love the ability to download Dymphna’s recorded 3 day event onto portable drive to watch on my TV – not on computer.
Thanks for asking…
Ben says
Hi Jon,
Goals in 2010 are:
Reduce bad debt currently $50k
Continue to have an open mind and listen to other ideas
Contnue to look for investments that make good sense i.e. offer good income and good growth
Take action
Damian says
Hi Jon,
You will be a magician if you can appease everyone that is writing to you on this blog. I observe that these people range from the desperate to the utter hopefuls! I applaud your effort to seek out ways to help you help us.
My goal is simple. Be happy. As Clint Eastwood said in one of his Dirty Harry movies, “A man has gotta know his limitations”. Now don’t get me wrong, I believe in striving for success to improve me and my family’s future and have started buying IPs and completed uni study to do so however I think the trick in real estate is to identify areas that you are comfortable with, purchase it and hang onto it and be happy with the decision. If just picking real estate that earnt spectacular returns was risk free and easy then everyone would be doing it. I know my limitations – I am not risk adverse but nor am I risk free. I am interested in your approach but would like to see a something a little more tangible from you rather than the generalities that I observe. All positive stuff but I am none the wiser after reading numerous blogs. If you have specific knowledge on a matter that you absolutely believe is a winner then please articulate it so we too can take the leap of faith and make a bucket load of money!!
Cheers
Michelle Houareau says
Hi Jon,
My goal this year is to find and act upon some alternate sources of income – apart from my salary.
I spent money and time last year, educating myself about property and will be purchasing my first investment property in the next month. I’ve decided to opt for capital growth over yield and this has meant my investment will be negatively geared. So i want to explore some other ways of generating cash to fund my addiction to property e.g. share trading, setting up an internet company, franchising and so on.
Despite all the hype about positive cash flow properties at the seminars I attended last year, they are hard to find (my accountant belies there are none in Sydney). I maintain that in having them, you sacrifice long term for the short term i.e. growth for yield.
I also attended a boot camp where the company that acts as a selling agent for developers, provides you with market research on the area from a research company they are affiliated with. Are people stupid or what? That type of research should be from an independent research house to be credible with no affiliation at all to either the agent nor the developer!
Apart from earning more income to reduce debt, I will be searching for additional tips and smarts to reduce mortgage debt in a rising interest rate environment.
Here’s to a financially wiser and prosperous 2010!
Best regards,
Michelle
Matthew says
Haha…Good luck reading all this mate…I hope you have some helpers.
David Rudland says
My wife and I don’t have properties, don’t have a business, have not gone on holidays for over 7 years and we continue to struggle with the mortgage on our home which has not changed in size for longer than that.
I commute 5 hours a day to my job which is the only one I was able to secure after 18 months of unemployment.
What do I wish for? I way off this endless financial cycle and a means of improving our lifestyle. I don’t wish for much except to have a little more money than I do now so that we can buy what we need and even enjoy ourselves once in a while without worrying about the consequences of those actions
Rox says
I wish my own business. A small hostel in our house located in the middle of the twon (Bucharest-Romania). I still need some money for start-up. A friend of mine already run a hostel for example:
http://www.hosteltina.com
Rita says
What I want is to find a way out of the endless struggle to find cash to keep going been at this for nearly 12 months and only earnt $50 but paid out thousands I need money to continue
Clint says
Hi
You have fantastic ideas on how to create wealth through investing in real estate. My problem is I just don’t know how to get started or into the market. What if I have 20k-30k. How can I get started. What should I research.
I’m sure there are a lot of us that wouldn’t have a clue where to begin.
Thanks,
Clint
Ben says
Hi there,
Firstly I appreciate your offer of advice, thank you. I hate being a slave to the dollar, spending my valuable time in order to make a living. What I am really interested in is generating passive income. I am not into network marketing, but I am open to suggestions regarding investment or business.
David Chang says
Dear Jon,
Thank so much for your inspirational thoughts. I greatly admire and appreciate the fantastic free services that you providing.
The ideas that you are sharing are certainly going a long way in nurturing a “Success Paradigm” to the recipients.
My wishes for 2010 are:
1) To find or to be introduced to a businessman /men who are interested in investing in my registered water bottling company in Fiji. This is a multi-million dollar business in Fiji and the quality of Fiji’s spring water is world renowned especially on the American markets.
2) To invest 50% of my savings into real estates [ cash cows ]
3) To set up a charity fund to assist worthy charitable projects in poor 3rd World Countries.
My frustrations about money are:
1) It is so slow and difficult to make the first million.
2) It is so difficult to get out of your job and survive to try something different due to shortage of cash. Basically you need money to make more money.
Kind Regards,
David.
Wendy says
Hi Jon
I am intending to purchase my first investment property this year. I have about 5% deposit saved, and am madly trying to get more money together for 10% deposit and commission/legal costs etc.
With under 20 years until retirement, I would hope to pay first investment property out in full, and have second investment property purchased and paid out, prior to my retirement in my mid 60’s.
Thanks, Wendy.
Sergio says
Hi,
I have a high mortage with about 100.000 equity on it, would really like to start purchasing my first investment property in the mornington peninsula ( that’s where I live) later on this year but I am a bit weary due to my mortgage balance owning ( 400.000).
I may need some advice from you or your team. I am thinking of waiting unitl next year so I can build up more equity in my home loan but property prices may also go up in Melbourne and the Peninsula. What do you suggest?
Sergio
David Mills says
I am looking into Franchising my business. I have met with the Franchise institute of Sydney. The managing director is very keen to do something with me. Do you have any suggestions or assistance that will help me?
Jason & Tammy says
Gooday Jon,
Our aim in 2010 is to purchase 2 more investment properties preferably in Australia, however will look elsewhere if the opportunity presents itself. We would like assistance in understanding where the property cycles are relative to each state in Australia to assist us in finding positive cash flow properties. The other area of interest is purchasing gold and silver in 2010.
I hope you can assist us in resourcing our requirements.
Thankyou
Carly says
I really want to build a business that costs very little to start up. Longer term I’d love to invest in property, or build a business that requires capital, but I’ve got virtually no savings so I can’t see these as being options…
Michelle says
Hi Jon
I need advise on building my own homebase business. I launched it in 2009 and am still struggling to gain clients. I started this business to build an income but it has only cost me to date. I realize building a business does take time but how long should that be before you can expect to make profit.
I would also like to build my investment potfolio for long term planning.
I currently own 2 properties, one I reside in and the other rented out. I am interested in building an income to live off on early retirement. My current properties value at approx. $900k and morgages $480k.
Cheers,
Elly Huynh says
Hi Jon,
I’m 30 year old, my current port folio consider of one block of land and a rental property. In 2010, I want to make my money work harder for me. My goal for this year is to buy another property (apartment or house), not sure about the area. I’m also interest in investing in property off shore like the US. I have heard about how great it’s to invest in the US at the moment but I still have my doubt on the US economy and the percentage of return. I would appreciate if you could provide more information’s and advises.
Kind Regards,
Elly.
Walter says
Hi Jon,
I want to make this year “the transformation year” by getting into the right property mix and increase my share portfolio. Success in this will allow us to enjoy life for what it is and help others.
Thanks,
Walter
Bob says
My “Quick 6” goals for 2010:
1. Further progress my objectives within my current full-to-over time salaried professional position
2. Keep building a positive cash-flow joint venture property portfolio
3. Monitor, assess and adjust, not less than quarterly, investments in superannuation and unlisted property trust/s
4. Re-establish a committed network of like minded joint venture and business associates with whom our business objectives might be accelerated
5. Invent a solution to the age old challenge of only having the same number of hours in everyday as everybody else – 24 – to aid and assist accelerating success outcomes in shorter timeframes
6. Discover just what time the 3.30 bus really does leave for the city.
Rob says
Getting money from banks is a major challenge. Finding deals is not so hard, so how to get the money is the key – something helping this process would be worthwhile.
Scott J says
Very interested to see your recent note 72% millionares combine business and real estate investment.
We have a family business and would like to be guided on how best to begin to invest company profits in real estate on behalf of the four family partners. Obviously we need advice on most suitable tax structure and how to best purchase real estate ie. negative geared or positive geared.
Thank you in advance for any suggestions
Nerida Lawrence says
How can I research profitable products and markets for creating an online business that allows me to work from home, rather than travelling to an office 5-days a week, whilst allowing for teenage daughters who will be off to Uni in a couple of years?
Thankyou,
Nerida.
Phill says
Jon,
After 6 years of planning and watching, this year will hopefully mark the time where some of my business investments mature. With these newly harvested financial resources I want to invest heavily in real estate – both cash flow positive and development of a PPOR. Maintaining that focus rather than celebrating the windfall will be a challenge because my partner will sure enough want to have “that family holiday” buy “that luxury item” and potentially distract me from achieving my goals.
In an atempt to educate my partner, I have produced a spreadsheet that shows the massive disparities of owning an expensive PPOR and owning a similarly valued investment property portfolio. This spreadsheet had great effect but I think I need more to fire up her ambition.
Do you have some advice to help educate and focus align others to recognise the benefits of the goals of the like minded people in this blog?
Cheers
Connie says
Hi Jon, thanks for your efforts, i find your information prompting and enlightening.
My goals for 2010 are:
1. To launch my new business in the Equine field – lots to complete on the web firstly whihc is in progress and start promoting it widely in Australia. Going to plan so far – difficult when you need others to actually do most of the work for you.
2. Recover from paying out my x a few years ago – getting there.. so to pay off my non-deductible debt is a priority.
3. To move on to my second investment property off the plan next near Melb where i am familiar with the areas – I have one aquired 2010 which is cash flow neutral and ready to subdivide and place a second dwelling on it – have chosen country town as its affordable to get into at the bottom end of the market.
4. To locate a piece of land in the country to place a dwelling on I have been given – ensuring its cost neutral as far as possible.
5. To apply for a B & B which is environmentally resposible on my land in the Macedon Ranges – search for govt assistance – so as to bring in another source of income from it.
5. To make my PAYE income go further – and still pay all the bills associated with the cost of living and private school
6. To do all this and still have some down time for ME – and get back into dressage!!
Above all to get all of this into a plan format so I don’t lose my way this year as there is so much to do…… nearly finished that now.
If you can help with some ideas on how to make the day longer that would be great…
Cheers
Connie
Koen says
Dear Jon,
In reponse to your email as to what I would like help with, it would be in particular in finding a good mentor who has business experience, and could give me ongoing guidance. I live in Melbourne but with Skype/Webcam a lot is possible these days.
Another pet project I could use help with is with the formation of a syndicate with likeminded people to puchase a tropical island (currently considering Philppines) for investment/lifestyle purposes.
What can I help you with?
Have a great day and be HHWW (Happy, Healthy, Wealthy and Wise),
Koen
Irene says
Aims in 2010:
– Purchase another investment property in Australia
– Have allocated an amount into shares to invest in the calendar year
– Reduce our rmortgage to a specified level this year while achieving the above
– Increase our net wealth by double our mortgage repayments (i.e. not just have net wealth increase because of mortgage repayments, needs to be because it is increased asset growth)
– Manage all of the above while preparing to have a family in the not too distant future.
What i would like help with:
– Managing all of our goals while looking at having a family soon and one person taking maternity leave for the full year.
– Understanding property cycles in Australia and what we should be looking for to determine best time and property to buy to achieve positive cash flow.
– How to achieve enough passive income that is cash flow positive to live on in the future?
Greatest Frustration when it comes to money:
– Our income is mainly work for salary and wages. How to achieve a work from home business that will let me earn salary and wages and also run the business to make profit? Salary and wages as you know is limiting and very hard work.
Catherine says
Hi Jon,
I know my main way to better wealth is via my business so I’d like to know more about converting leads. I’ve recently overcome the hassle of getting leads. Now I need to improve my conversion rate. This will obviously increase my sales and therefore my cashflow. Then I can start to consider my next step of real estate purchases.
Many thanks,
Rgds Cat
Dave says
Hi Jon,
I have been married for almost 6 months now and looking forward to jetsetting across the South Pacific for a surprise honeymoon over the Valentine’s Day weekend in the coming week.
Credit card bills are surmounting and despite our $170K+ household income, it is very difficult to save, especially now that I am accounting for 2 instead of just myself.
I have a rental property in Canberra which is positively geared but renting in Sydney.
Next step is to save up enough money for a deposit on a property as well as look into some business opportunities. Through discussions with my wife, we are in agreement to build up our lifestyle by starting with older, smaller apartments/houses and manufacturing equity instead of starting with new, big, and grand.
My aim is to repay a $130K business loan from my parents for a food business that went belly up and replace my wife’s income so we can plan for a family.
Having relocated from Canberra and gotten married in 2009, 2010 would be a great year to get started and I would give myself 2 years to achieve my goals, however, I am looking for a vehicle and a direction.
I am an achiever and keen to learn from past mistakes and finding bigger better things.
Dymphna Boholt’s seminar at the Shangri La on Wednesday was very inspirational to me and I will look more seriously at property, even in this crazy Sydney market. Too bad the timing for signing up $3,995 on my credit card wasn’t right. May look at this again next year. In the meantime, will do more research and come up with that business plan.
Regards,
-dave-
Dicky Herman says
Hi Jon,
Just thinking how to buy apartment s or houses at low price and sell it at higher price to gain some extra income with negative gearing.
Need your advise which location is best to invest.
Any suggestion will be much appreciated.
Best regards
Herman
graeme ferns says
Hi Jon
My dream is to find a team who practice what they preach and actually assist me to property wealth, rather than just wanting to be another with their hand in my pocket and not really producing anything for me only lining their own pockets.
Ta
Graeme
Josh Born says
Jon,
I’m constantly trying to find a business idea that I can start alongside my full-time employment. I don’t have access to huge amounts of money for start-up costs etc so am looking for a part-time business with low start-up costs that from the start or over time will generate good cash flow. Any ideas will be appreciated.
Cheers,
Josh.
Fiona Lee Saunders says
My 2010 Goals
*Achieve more cash flow – preferably passively acquired from investment property
*Build equity
*Purchase 0-5 investment properties
*Purchase a family home
*Purchase a hobby acreage and/or renovator
*Keep myself educated on how to do things differently and put this into action
*Holiday in Europe so I can spend time with my son & family-can be working holiday
*Have a romantic holiday with my partner
*Laugh, learn and love more-dance more
*Achieve financial freedom
*Have a lot more social outlet and spend time with people who make me feel good
*Connect more deeply with my partner, kids, family and friends
*Contribute to the world in a positive and constructive way
*Love and appreciate life, be grateful for living beautifully every single day
My biggest frustration regarding money is the fact that I am working in a job for a finite amount of money which doesn’t afford me the freedom to do things I’d like to and doesn’t make me feel rewarded adequately for my effort and time.
John Costa says
Hi all,
Just read a couple of comments.
Have you considered covered calls? This can help improve your cashflow. Depending on your having a reasonable amount of spare equity, that can in part be turned into income using this strategy. I’m a licensed share adviser. Obviously I can’t leave my details, but I’m happy to give an informed opinion…
Mark V says
Get my girlfriend to work would help my cashflow immensely. Other than that I will be working hard to increase the cashflow through my business, and purchasing property.
Jacqui says
H Jon,
Positive cash flow is my main priority.
Unfortunately we purchased a business last year, which is not only costing us money at the moment, it is worthless. The only way to make this work is by generating another income. My husband is working such a long hours to try and turn the business around, which leaves does not leave me with that many options, as I have to work around the kids.
We currently have two investment properties, the rental just about covers the mortgage.
I would like to find a home base business and invest further in the property market and make money from this.
My greatest frustration when it comes to money is that we have done nothing but spending over the past two years and our assets have decreased dramaticly.
I could do it with some help to find a way how this can be changed!
Thanks and kind regards,
Jacqui
Paurick Dempsey says
hi jon..here’s a snapshot
properties
no1…valued recently $1.5mill(no mortgage)
no2.valued recently $900,000 mortgage 200000 in positive rental
no.3 holiday home $470000 mortgage280000 no rental!!
no4.investments in dubai(seemed like a good idea at the time..in gact it was!!)
a)via a conglomerate..invested us 50000..current return 25%
b)independent office investment .(50%)..aud $140,000…
cash in bamk $100000
goals
1.to increasewealth via property
2.to further develop the online side of my business allowing me more freedom and more income!!
Thanks
paurick
Kathy says
Hi Jon,
Fantastic. I think there are a lot of poeple who are wanting to make massive changes in their lives in 2010. Real Estate and business are my two areas tof interest that I would like help with. I have contacted you in the past and never received a reply, I know you are incredibly busy with your own business so understand.
More of the nuts and bolts of how to would be great. You inspire a lot of people.
Keep up the great work.
Thanks
Kathy
andi says
Yesterday Jon I told you what I wanted and how I have been succesful in picking shares that go up very quickly but my problem is when to sell. I find that I hold onto shares far too long and while they may go up 50 or even 200% I lose most of it in holding them too long. They go back down again and I may only net 50% profit losing most of what I could have gained. Can you teach us when to sell.
Cathy says
Having just been told by my husband that the marriage is over and not having an income of my own, I have a lot of things to achieve.
My first goal is to be financially independent from my husband within 12 months and then to continue building towards the wealth I need to have the freedom to live the life I deserve. There are a number of areas I intend to pursue to achieve this end – property, share market (both on a buy and hold basis and trading), developing an online business with my daughter.
I need two things to get started on my journey to freedom: 1. an initial source of cash to fund the education I need and 2. to decide on which area to concentrate first to produce a cash flow.
Thanks
Cathy
Anthony Smyth says
Goals , to be able to back into the property market with :- no deposit and a default , but a reasonable earning capacity and an unencumdered property on crown lease.
Greatest money frustration , getting to pay day with $20 left in the bank .
Thanks
AS
Rachel says
This year I would like to know how to juggle being a first time mum (he his 1) work 4 days a week, go to gym 5 times a week to get my old body back, cook, manage a relationship, see my friends and family, run a house hold and and still try and figure out what business to start and develop.
I have run a successful internet business before but sold out to invest in a IT recruitment company that went bust last year in the GFC. I lost a fair chunk of cash and I’m still paying for it!! Now I just really want to try and think of ideas that will allow me to build businesses part time while I earn money to keep our heads above water until they become successful.
We finally have our first investment property and I feel pretty well educated about that whole side of wealth creation but it takes so long and doesn’t create real positive cash flow and I am just so unsure what to do about a business.
My husband also has quite a few contacts in China but we just cannot think what we can import/export or how to service a particular niche over there because we are still pretty young and don’t have very good imaginations it seems!!! 🙂
Help!!
Nick Harris says
I’m glad you’re not my accountant. 72% is almost three-quarters, not two-thirds (which is 66.66%).
Steve says
Hi
I am 39 years old with a wife and 2 energetic boys 2 and 8. We have no perseonal debt and 9 investment properties which are now positively geared. We want to :
grow our portfolio aggressively
Invest more into the share market ( currently only about 2-3% of portfolio)
Change jobs into a business development role ( currently both work for State Govn)
Any comments would be appreciated
Alan says
Hi Jon,
My goal is always to get enough passive income to replace my job so that i have more time to explore other opportunities!
Thanks,
Alan
Barbara P says
Hi Jon
Goals for 2010:
– increase sales of my husband’s books on innovation and entrepreneurship
(self -published) to create bread and butter income into retirement
– develop other bread and butter income streams for our business
– buy an IP (thinking of using Buyer’s Advocate)
– increase savings
– increase contributions (person and business) to our SMSF – share portfolio
In general I would like to learn the practical “how to” process and details and as other have commented, including how to avoid the pitfalls.
Regards
Barbara
Rosa says
Hi Jon
Our current situation leaves us $380k in the red with only one income. We are desperate to get back into the property market but we are having problems with finance.
The thing that frustrates us at the moment about money is that we don’t have enough to move forward.
I also need some good advice.
Thanks
RD
Steve says
Hey Jon,
I have recently had a career change and am making real estate my business as I have a passion for it and I think it will substantially help with our investment portfolio. Therefore I would appreciate any info on Real Estate (along with everyone else from what I can see!) and starting a small business. I would also be interested in info on Personal Development to make my mission the most effective and fulfilling.
Something I am yet to put alot of focus on yet is a mastermind group which I feel would be very important, interesting and fun so maybe some help with something like that might be a good idea.
Love your work mate and keep it coming.
Regards,
Steve.
Amelinda says
I need cash flow. 🙂
I’m starting an online business this year with a partner.
I have another hobby online business but it’s on a hault or just progressing really slowly at the moment.
my greatest money fustration is me. I have it too easy at the moment. I have nothing really to pay but want I want to have some consistant cash flow to move out and be independant to feel real money responsibilties. But I don’t want to be tied town on a full time job.
I’m currently looking for parttime/casual so I can concerntrate on my online business and still have some income while i’m building up my business at home.
Karen says
It’s very difficult to get finance to build a portfolio on a low income.
How do you get started when you are on a low income and have other commitments, ie children, rent, etc.
Help!
And thank you.
Wayne says
Hi Jon,
Firstly thanks for all the advise etc through your emails. I am 56yo with two I P both negative geared with which I get full tax advantage [ all my tax back ]. My wish is to buy, if possible due to lack of income improvement, possitive geared properties ones that pay for all outgoings, in the years before I retire to help reduce the bad debt, house mortgage. The aim would be to hold until doubled in value, sell & clear all bad debt & to reassess the two negative geared I P’s & retirement plan.
Money is an issue for my lack of borrowing power is restricted because of my lack of income, it’s maxed out.
Any advice would be appreciated.
Thanks
Regards
Wayne
Mel says
Thanks for your update Jon & the stats on what are the most profitable areas. I have to agree with this and yet I find so many people that want to start up a new business just have NO idea how to go about it. Last year I spent over $10,000 in two courses trying to learn form the “gurus”and whilst the information was great neither course really assisted me in achieving the results I expected (and why is it they ALL seem to have a Rags to Riches story!!!!). I am very keen to set up my own business (internet based) but find all of the information out there just too much – it seems that in the future it will be very difficult to succeed in a home based business if we are not continuously driving traffic, using social media daily (Facebook, Twitter, My Space, You Tube) etc etc. We are now also supposed to start blogging, produce video clips or audio to upload to our sites, learn loads of new terms etc etc. WOW..can you imagine how incredibly time consuming and difficult this process initially is to people with little technical knowledge, those with limited amounts of time,those with a limited budget etc.
I’m happy to pay for good information that has specific outcomes & objectives for the students – unfortunately many of these “gurus” aren’t teachers and really don’t have any idea how to ensure their students succeed, which is sad! It can’t always be about the $$$ and how they can make themselves & their friends uber rich with upselling techniques, add ons etc (we are really tired of these venus fly trap type seminars eg.and for an extra $2000.00 you’ll get…..please!)
So Jon..let’s try to get some quality EDUCATIONAL courses happening that can help many hundreds of Australians gain financial freedom in a way that guarantees their success – quality course with consistent proven outcomes and ongoing student support.
Thanks for listening….Mel
Nic B says
Totally agree with Michael Harman FEb 3 14:40pm
Very easy to get negative geared property. How does one get into positive geared property. As Robert Kiyosaki Rich Dad pointed out: “how many negative properties can you hande? Not many? How many positive geared properties can you handle? As many as I can get”
Thank you
Axel says
CashFlow from business is what I want.
Right now I have absolutely nothing, but no debts either. I work a job 30 hours per week to feed me while I learn and work on an online business.
I have no business background, and no business friends. All my learning is by reading, online courses, and trial n error. What I need most I guess is someone who looks over my shoulder, a mentor, to nudge me.
My goal? I want a 40′ yacht, and then sail off into the sunrise.
Cheri Novobranec says
Hi Jon
I really enjoy your comments and as a result have invested in Real Estate courses which I am slowly getting my head around but seem very informative and positive.
When I was looking to generate online income I came across a great opportunity to be a licensee to develop income(anyone of your above participants who are looking for at least some information go to my website I have inserted and contact me on my e-mail (at least it can be a start) and I will get back to them!
Anyway my goal is to get going with some realestate strategies in 2010 to assist with our later years (which are closing in on us) so far we have a PPR with some equity and some personal debt which I want to ge rid of.
I feel I am finding solutions everywhere just have to focus on a couple and give them my best. Am always open to information and suggestions I research every opportunity I am given these days and pass on all the good stuff. Also wanting to have a story something like yours and Dympna Boholt to tell my grandchildren – so HELP!!!!
regards with thanks
Cheri
Bill Geary says
Hi Jon,
This year we aim to sell our Family Home in order to build a new home on a Block we purchased late last year. I do not wish to hold the Block for too long as it is not Tax Deductable Debt. And I know you should never sell Real Estate, but we will have to, to achieve this new build. This will help in having high Equity in the Family Home, so we can continue to Invest In Real Estate.
Another priority this year is to purchase another Investment Property, which will be our fourth. The aim at present is too purchase an Investment Property at least one every year, if not more.
More cash in hand would be good also, but we are managing our Cash Flow the best we can at present, and will be cutting back on everyday spending this year, in order to save a bit.
Thanks and Regards
Bill
Krystyna says
Hi Jon,
I am after a very messy divorce. I was the only working party in my family for many many years.
I have payed him off and ended up with substantial mortgage on the house. I am 53 and not much time to repay the home loan and save for retirement. I do not have any other assets or investments.
I have reasonable income about 100 k and 270 k mortgage.
Please show me the way to pay as much as I can in 2010.
Regards and thanks,
Krystyna.
Axel says
oh, in my previous post I forgot to say thanks for the generous information in the Millionaire Phenomena…… so, Thanks.
Nabil says
I’d like to successfully invest in the USA!
Rima says
Wow my wish list is pretty long Jon but for start I can say few………..
I would like to change my financial situation to the best of my ability by investing into stocks and real estate. I would like to say the cash flow and building equity are equally important for me therefore I am willing to get the knowledge from positive people who would help me & company me to go through this journey. I have delayed because I was focusing on the wrong things in my life and didn’t get me anywhere other than confusion & frustration.
I do get frustrated when I don’t have enough money to live on comfortably or have that enjoyable vacation with my family without worrying about finances. I like to be able to have that 1st class holiday or day to day living arrangements with my loved ones without stressing for money.
I like to have that money & wealth to have that affordability of my dreams that I have been thinking of for a long time. I think 2010 is a time to put the dream into reality and get something positive happening because I am tired of the old situation it doesn’t serve me right and I am not growing the way my dreams are headed & things are going to change for better. I am ready & willing to take my first step with the help of people who already taken the steps and are up there to guide me and help me to succeed in wealth.
I have made a commitment and taken the real estate coaching program from you well everyone has a price for their knowledge and if I can use it I am willing to pay.
Thank you and God Bless,
Rima
Helen says
Hi Jon,
My goal is to become a BBI Consultant in order to create the cashflow I require to purchase/develop properties and trade the stock market. This in turn will provide the financial stability and lifestyle my partner and I have been striving for (and failing) over the last 11 years.
Onwards and Upwards in 2010!!
Thanks
Helen
Helen Watson says
Good Afternoon Jon,
Thank you for the opportunity you have given us to put our financial woes ‘out there’ in the hope that you may be able to shed light where it currently seems a bit dark! and thank you also for taking the trouble to send your emails for us to read.
I was coasting along quite comfortably until I bought a maternity wear retail business about a year ago. I believe there is great potential for the business, especially as I have just recently designed a support product to help relieve back and leg pains for pregnant women. I have recently had the website built and am waiting to upload a feature video presentation….
I work in my line of work (bookkeeping and BAS) to help pay the wages and rent for the business. I have had to take out a loan (($80,000) and have just about used it up. My credit card is also looking a bit ill, as I have had to dip into that to pay some of the business expenses.
I would welcome some advice on promoting and marketing my business and how to grow my cashflow. I must also say that I am in a retail area which is proving to be not so good at attracting passing trade, but I cannot afford to move right now.
Thanking you in advance, all the best,
Helen Watson
Laurence says
Gidday Jon,
Biggest frustration is getting capital to expand my booming business.
Need to look for capital investors but where??
Have all the figures to show I can afford up to 10% pa return on investment but have no idea where to find investors.
by the way banks SUCK!!!!!!!!!!!!!!!!
Thanks
Laurence
Greg says
Hi Jon
My ambition this year is to get my training business up and going.
I’m a trainer/assessor with forklifts etc. and i’ve moved to a small country town which has a population of around 6000 in the town, and overall there’s around 15000 if you include the surrounding area.
What i’m hoping to achieve out of this is a steady cash flow and to one day have my own home and stop paying rent.
cheers
Greg
David Carter says
Jon,
I signed up with the Dymphna Boholt Knowledgesource program as it gives me a structure for wealth creation through property rather than having to do it all my self by trial and error.
I’m going through a divorce and will probably have very little left after financial settlement, probably only enough for a deposit on a cheap property in which to live and all my income will go on loan repayments.
My goal for 2010 is very simple – I want to be financially independant from my wife.
What is YOUR greatest frustration when it comes to money? My greatest frustration when it comes to money is not having any!
What would be helpful to me would be to know how to literally “start from scratch” financially without any (I mean ANY) cash or borrowings. In this situation the first “deal” has to have a 100% cast iron guarantee of certain success. I attended Mark Rolton’s seminar promoting his Property Options Coaching Program and while I thought there are possibilities there I can’t even afford to subscribe to it at present. In conjunction with this perhaps you could facilitate a “noticeboard” for members of your program to form joint venture deals (such as a subdivision or conversion to a duplex) in order to raise some short-term capital upon which to build. Perhaps one party could find the opportunity and the other could provide the capital, then share the profit. I seem to remember Dymphna talking about this being done between some of her students but I don’t know how it is facilitated.
Regards,
David
Glennis Pearce says
Hi Jon,
Have just made a big leap into buying a business which develops product for a niche market. Goals are to:
– develop a strong following for this water-wise, eco-friendly product.
– learn how to effectively market using social media for business.
– learn how to utilize eBay as a major selling tool.
Have dabbled on the edges of internet marketing, but haven’t done anything because I get the jitters thinking I don’t know enough. Goals are to:
– learn how to create a passive income ‘while I sleep’.
Once I generate sufficient income the goal is to:
– re-enter the property investment area
– aim at positively geared property investment
– learn how to buy property for little money down
Love your inspirational insights. All knowledge gratefully received.
Thanks,
Glen
Paul says
Hi Jon,
I am OK financially and semi retired but my children have gone down the paths of ‘regular’ jobs heading for the 2% model. But I do not have much in the way of assets.
What I would like is simple ways to start my children on the real wealth and lifestyle paths e.g. how to really buy real estate with no money (or very little) – creative outside the usual methods – legal and fiscally safe.
Looking forward to the webinars.
cheers, Paul
John says
Hi John,
I would like to increase my cash flow through property using property options.
Thx
John
Kevin White says
I have about $450k and have decided i have had enough of hard work and i am at a stage in my life were if i decide to invest in property that means the good old banks will look at me and say ‘you have no income you need a job”. I own my ppr est value $2m plus.I guess i am in a fortunate position but still have a dilemma in which direction to take.Regards Kev
Hamish says
Hi Jon,
My goals for 2010 are to create a regular cashflow from something in addition to my daily work. For me at the moment it is about cashflow – I have no assets and am not in a position to borrow.
The web seems like a good idea but I hope it is not flooded….
H
David says
Hi Jon,
Great newsletters. I am starting over (divorce etc) and I have to rebuild my wealth from scratch. My biggest issue is finding cash flow to purchase assets. Any help would be appreciated.
Regards
David
Sue says
Hi Jon,
I have already left a response to your email on 3.2.10, but in response to your new email of 5.2.10 where you lay out the different asset classes and say that it is alarming the lack of people looking to form businesses, I just wanted to make a brief comment. I have started my property portfolio and am, as we speak, looking to expand it and hopefully will continue to do so. I look upon this as “MY BUSINESS” which I started up as a result of not being able to be in the main stream workforce any more. I am looking to make this my sole income in the years to come and to be the legacy that we leave to our children. With the time that I put into research and educating myself in order to be in my current position and to further myself, would you not consider this a “BUSINESS”? Small though our portfolio is at the moment, we do get a healthy cashflow from it each week. It certainly seems to take up most of my time!!!
Please keep the emails coming, they are a great source of info Sue
Lorraine says
Hi Jon,
After having been made redundant twice in 9 months my husband ( and myself) have decided that working for others is not the way to go. We really want to start our own business(preferably one that provides mainly passive income) and become financially free but have no idea where to start.
Altus says
I am looking for investments and business both this year. I know it might sound unrealistic. But i have been thinking about it since past 2 years and now i need to take actions. This year I should have 1 property and most important a small scale business. I want to be not thinking about earning for day to day stuff. Rather work where my passion is and that can happen only when I have regular substantial income from various investments.
Phill says
Hi Jon, yes I / we need help, I have a son in Real estate and we (family) look like getting a chance at buying the business, I am a hort consultant and this would go well for me with rural sales, my wife has long term experience in office admin, we are just better than battlers but the son and partner have had to restart after getting out of a fixed housing loan in Brisbane after IFC and down turn in real estate sales there with what the could get and have returned home to try and get ahead, how can we make this happen. We have a few years to work towards this possible buy out.
Regards Phill
Ken says
Hey Jon,
I’ve started dabbling into internet marketing, starting to take it seriously now. I’m 24 years old, only renting, and looking to purchase a home in the next 2 years. Wanted to build up a substantial deposit ( maybe 20%) first, but seems property houses keep growing and the 20% looks like a moving target!
Strategy is to use internet marketing as a cashflow mechanism first, then build equity through shares and eventually move onto property. Would really love to have a chat with you as to how I can achieve my long term goals. There’s no need for me to do these fast ( I mean I’m willing to put time and effort in) , since its a long term plan. No debts to service, so income from my job now goes into deposit savings and expenditure.
Cheers
Ken
Marisa says
Hi Jon, I have recently had a change of mindset over my finances, after years of living from paycheck to paycheck with the main financial goal of paying off the mortgage. I am now interested in building assets, creating cashflow and starting up a business. (AGHH I know that’s a lot!) Oh yeah and I’m also interested in starting up an online business. Thank you Kindly, Marisa
Julie T says
Hi Jon
For me at the moment, the most important thing is to create a cash flow. I have a product in mind that I’d like to produce and sell on line at this stage, later I’d like to sell it off.
I would like more information on how to start the business, legality, registering trade mark and formula, set up internet site for the sale, marketing of the product etc.
Thank you
Julie T
esme says
Nobody has ever done this in Australia, get together australia’s Millionaires and get them to talk about their suceessess and pitfalls. Have a how to be a millionaire day. Would love to learn from Gerry harvey, Rupert Murdoch, the guy who owns Fox trucks. frank lowy and Harry Tribunoff. Australia is such a middle class society, its hard to find people to look up to, interest them by telling them its a way of giving back to society, to teach others how. Its so sad that most Aussies end up on the pension. It shows a lack of financial education in our education system. Also Id love to hear people like donald trump talk, such a pity it was cancelled last year. We need motivational speakers whos done it and is somebody not just someone who wants to make money eg an internet teacher.
Simon says
I want to be free…..
I simply want an immediate passive income that removes the need for a full-time job. I would love to be traveling and buying all the things I would like for my family and myself.
I have a goal of earning $1million a yr by the end of 2011, but haven’t a clue how to achieve this…yet!!
Thanks for listening
Simon
Sara Turnbull says
Hi Jon,
My goal this year is for my husband and i to be jointly earning $10-$20k Per week…. To be hugely successful and be the most successful in the company we work for.. To have our second property ie a HOUSE by the end of the year that is perfect for us and bought at great price that will lead to future profit…. To be performing with optimal health levels being the fittest and healthiest ever…plus for me to complete a number of nutrition certificates.. our goals are also to maintain and increase our social network and socializing and to be FINANCIAL WORRY FREE!!! :):):)
Thanks!
Rodney N Brook says
CASH, I JUST DONT HAVE ANY TO START ANYTHING
Warwick says
Jon
Would like to see more opportunities that require little capital to start building.
Too many “money-making” opportunities just want to take the cash right out of your pocket! That to me, ain’t making money (maybe for them!).
Tired of being sold the “pipe dream” for a large price tag.
How can one start investing with a few thousand when seminars want that & more from you to get the info, then you’re left with nothing to start investing using that info you’ve learned? Quite Catch22.
I haven’t had a pay rise in 2 years, I was red-lined back then. Rent increase twice in 9 months!, health insurance up, travel up, food up, there’s now less than before to play with. Wouldn’t you think if all commodities going up, my time would be worth more?
Hard to tell there’s economic gloom when everything’s going up? Economic crisis my ar*** just an excuse for the greedy to get greedier! & create an economic crisis for the rest of us.
Sally says
Hi Jon, Thank you for your email. I started investing in Real Estate ten years ago. I had five properties one stage but still have three at the moment. I work very hard but always short money. After the seminar I attendant to, I realised that building up a passive cash flow income is essential for the investors. I will utilise the knowledge I have learnt and practice it in 2010.
Regards.
Sally
Judy Hill says
Hi John,
Thanks for the opportunity to have some input. I am a retiree with an allocated pension that should last me some considerable time as an income. I own my own unit on the Sunshine Coast and have no debt. I have a line of credit ready to go. I lack confidence because, since I no longer work, I have no immediate way to increase income if things don’t work out quite as I would like. I have tried a few internet things with no success so far. While I haven’t given up on anything, I feel such a coward. I also have a son (40) who has a badly injured back and has not been able to work for over a year. All of his savings and some of his loan were used to live because Centrelink does not pay you if you have anything in the bank. His bank is being cooperative so far, but they will no doubt not freeze his loan payments forever and he could lose his house. As he does not have private hospital cover and is only 40, he will not even be placed on a waiting list for spinal . While he is desperate to work, I would like to be able to use my line of credit to start a property portfolio that will perhaps involve him in search and research, and give us cash flow primarily. Further equity would be a nice bonus. I’d also love to get an internet business going that would give me some extra income as insurance. I really am an optimistic person, but this stuff is outside my comfort zone. I believe a couple of other respondents are right – a few joint venture (therefore not so scarily alone) deals would be good, if I knew where to find joint venture partners. Money frustrations?? Who ever has enough?
I am going to Dymphna’s next seminar, so it will all start from there for me.
Judy
phil says
build up business ( I love chocolate)
finish writing book &
travel more, a simply life.
phil
tri says
I would like to be shown show to make money on the internet, in order to have some extra money for me to buy more IPs.
At the moment my monthly income is to put food on the table and needs for wife and two small children expenses, morgages for PPOR and 2 IPs.
I have bought internet business a couple of years ago where the provider give you a web site with e products and buy advertisement from them for traffic. I can see thousands of traffic coming to my web site but no one buy any of the product.
I would like to buy more IP but at the moment bank will not give me a loan but I still have the cabability to service another 1 negative gear IP.
Please help and show me the way.
Thanking you in advance
Mark says
Hi Jon,
The biggest hurdle for me atm is simply getting the cash together to get the ball rolling (currently on Centrelink and wholeheartedly looking for work); however all things considered, I consider myself fortunate that I’m still young and committed to making things happen now while I’m still in my 20s. Not to mention the fact that I haven’t met many people of similar age who actually want to punch above the status-quo and get ahead in life.
The two areas for 2010:
– I’m in the process of starting to trade future contracts (specifically e-mini indices).
– Keeping in mind the ridiculous amounts of money being printed off in the USA and Western World, I’m also looking at starting to buy silver to protect my wealth against a very plausible and likely hyperinflation situation and subsequent reset of currencies. As Robert Kiyosaki said back in 2008, “…cash is trash.”
Oli says
I would like to buy a couple of houses in USA under 10k to increase my cashflow
without going there. I have heard you have good research and facilities . Might be wrong but maybe not. Immediate cashflow is the requirement. Have assets.
Thanks for the opportunity
Oli says
Did not say am a retiree who had a good casflow until hit by gfc in July. Hoping it will all turn around ‘cos I trust the business here but OS they are having a hard time still
gyan says
hi john,
ive just moved to our new house.now my aim is to build up more assets.iam working in hospitality.last year i invested money for restaurant bussiness but lost every thing.so my aim is to get more cash flow and may be invest on shares .i attended one of peters seminar last year but i didnt have money to start but hope for the next session in march i will try to get some money to invest onshare.
but i would like you to help me out ways to increase the cashflow.iam positive i lost money 6 months ago but still want do some thing that keeps my life bussy and also have cashflow.i always wanted to do my own bussiness but now ill have to wait because iam restricted with job and house mortgage to pay off.i would like you to find a path that can give freedom to invest and aslo i like to help other people who dosnt have one meal a day as well.
thanks
gyan
Jill says
Thankyou for your regular emails. I am always looking for positive cashflow on my investment properties and would very much like to be able to increase my portfolio without having to use any of my own money.
Thankyou and regards Jill
shaggy says
wow, I can’t see having the capital to start right now in property so that leaves business, which could be fun.
thanks
shaggy
S&H says
Hi Jon,
My self and my wife had a beautiful home worth 1 million dollars and where happy with a mortgage of 300k. We where introduced to a Brad Sugars business guru who told us we could turn our life around in 6 months.We paid this guru $4k/month to boost our businesses. My wife had her business and I had my own. We then borrowed another $250k and he then told us things would go well as long as we did what he said….Well let me tell you we had sell our home and now living in a Penthouse in the eastern suburbs with our 2 teenage girls, one 19 and the other 17. The both incomes together bring home around $170k and we have a mortgage of $550k. We need to change our lives around and we want to know how. Pretty much want some financial freedom and ease of living. The business we are in together will be publicly listed in the ASX this year and we will hopefully have a couple of million shares and hope to pay off our debt for our apartment, but is this a good move ? Or do we maybe invest the shares on property. We need your help.
Thanks
dorothy hildebrand says
we need cashflow. had a loc but recently re-financed into a P&I for 200,000 and left the other 50,000 in the loc. we started a new business in 2009 and it is slowly, oh so slowly growing. we do polymer flooring. if we could get this business to where we had 1 to 2 jobs per week, we would be laughing. originally took out the loc for investment but at the time there was nothing in that price range and over time we used it on our kids (4) for uni etc and also built a 2 b/r flat on our property. we get $185 per week rent from it. this covers our P&I repayments plus a bit. we would dearly love to get out of debt (again) and then we can move on. we both have super funds that are managed by mlc. my husband also has an income builder investment a/c. can you help us? dorothy
Marion Whiteside says
I would like to start my own web page for art work at a very reasonable amout of cost as well as be on the web site where I can make money from another souece.
Best wishes Marion
louie bouras says
Hi jon i have been working like a slave all my life. For 23 years i have been working 6 to 7 days a week, i dont think i can keep it up much longer, financially
iam frustrated . It feels like a life sentence please help.
Craig says
Want to set myself up to be financially independent.
Looking to setup web based businesses to provide cashflow that run themselves without me.
Craig
Simon says
I want to be able to pay out my mortgage on my home and then to use the finds freed up then to purchase more rental houses.
I also want to buy a business and use this to filter cash through so that I can use this to pay these off quicker.
Simon
Adrian says
Increase business profitibility and commence investment portfolio. 2 investment properties with positive cash flow to be purchased in 2010.
James Depiazzi says
Hi Jon
Thanks for the regular updates and challenges. I am approaching 50 and thinking forward to retirement…wanting to bring it forward. I have one negatively geared property and am in the process of buying another neutral one. Keen to learn more about positive cashflow properties and ethical ways to produce passive income so that I can do what I love instead of HAVING to work at the expense of health, family and relationships. I have read a lot of self-help books, attended seminars and started taking action, but don’t have a lot of confidence in the economy at present, especially with the USA in so much trouble. Just hearing what others have done helps…but usually there is not enough detail or circumstances are not the same. One of my big frustrations is being in the country and not having many like-minded people around to network with. Email is OK, but not as good as informal personal sharing. Looking forward to seeing what you can come up with.
Maggie says
Hello Jon,
I retired last year to be a carer for my adult daughter and at this moment in time i have $1000 that i would like to invest be it in a term deposit or shares.
I am debt free which is great and on a pension.With that small amount to play with i would like your suggestions as to any ideas on my next move.
Thanks
Maggie
Turaj says
Hi Jon,
I am after cashflow. I would like to learn about a business which can generate $100000/year income. I would be over the moon if I could turn it into $200000/year. As far as real estate goes, I am only interested in creating cash flow through development. I would also love to be able to run an internet business if that is what it takes(something that works without the internet marketing hype).
Regards Turaj
Craig Hera-Singh says
Hi Jon thanks for the info & opinions that you have been sending. I would be interested in setting up any easy to manage passive income streams,to replace my current employment. I would like to semi retire this year as i will be 50 this year ,and i am running about 20 years behind my plan.I may be interested in investing in the US but cannot make it to your Sydney seminar or to Dyna’s in Adelaide due to other commitments.may be interested in some of Justins offerings too but was a little late for his last one. though it sounded very interesting. I own 3 properties at present with a small loan ,though 1 needs an extension &renovation . Any thoughts or ideas will be greatly appreciated. Craig.
Lilie says
I have a problem with cash flow, how and where can i find properies that are positive cash flowed?
Jimmy Wolf says
I want to create $2,000/week passive income using real estate as the vehicle. (Duplicate what Dymphna has done)
peter says
38 married 3 kids, property of approx 520k worth loan of 400k, last few years have been tough for our family due to various reasons. had a business partner that didnt work out, now working full time again. cant make good wealth working ofr others, but dont eant to put my famil thru pain, need motivating or ideas to get back on the wealth boat. i think online is way to go, any advice to start off again would be appreciated.
neil says
financial freedom. why? because it will make it easier to actualise all other forms of freedom including personal freedom, time freedom, freedom to choose whatever …..
Edna says
H Jon, Me and my husband own 1 residential property (morgage free) and 2 investment property with a mortgage of 500k. Our financial advisor said that we can still afford to buy 2 more investment property. We are hesitant to do this as I just lost
my job last August 2009 and still can’t find employment. My husband is working in a fly in fly out job but will be retiring in 4 years time. Is it still possible for us
to buy 2 more properties?
Jonathan says
Hi,
My wife and I have just lost hundreds of thousands of dollars in the global financial crash. This is money that was drawn out of out of our home. We need to get “extra” money in the door as our salaries cover our expenses, this is especially urgent with interest rates on the rise.
Matt j says
Hi jon thanks for all your emails.. Make interesting reading..
My biggest concerns with Money is where does it go.????
But I have decided this year to take action.. My goals for 2010 are…
1. Save 10% each pay like alot of the books say but I never get around to doing.!!!!
2. Once I have say $5000 saved I’d like to start a automatic investment plan( managed fund)
3. We have a credit card which is maxxed out to $6000 so we are aiming to pay minimum $500 mth
4. Invest in my education by reading more about property investing and maybe try to attend some seminars..if I can afford it.!!
5. Try to work less and spend more time with family.. Hopefully.!!!.
6. We are renting out our old house and renting at moment.. We are around cashflow neutral.. I wld like to find a way to make it positive without spending too much
7. Finally go and attend a brazillian jujitsu class which I have wanted to try for last few years..
That’s it… Thanks Jon
Ted Meeuwsen says
Hi John,
I am a 65 year young recently retired builder/pilot and have a self managed superfund with a taxsfree income for my retirement.
I have recently drawn down a revolving line of credit against my PPR so that I can indulge in some chunck deals, renos and positive cash flow rentals.
Ready to go and researching the deals that I need.
Ta Ted
Fiona says
I read how people make money out or real estate but they never come 100% clean about the full details of the financials, what did they borrow against, what was their income etc. There’s only ever vague numbers. Basically I want postive cashflow property, I have negative geared property and cannot afford any more.
Thanks Fiona
Cheryl says
Hi Jon
Need cash flow and want to prepare for retirement. Sick of working for someone else and getting nowhere. Want to start my own Web based business and work my own hours.
Greg Westwood says
Hi, I am 54 and living with my elderly war widow mother at her house. I’m single.
I want to know about property and investing in it even for the short term if possible.
I don’t have a house at the moment but can raise $300 – $350K now. I know I left it a bit late I should of brought years ago but I sure its not too late. I make about $80K with salary and interest income.
Any help or advise most welcome.
Cheers Greg
Su says
Have already done so thanks.
anthony says
Hi Jon
Just starting up an office furniture business in Sydney.Need help with the website and advertising strategy.
Cheers
Mark says
Hi John,
It’s always nice to see some people really want to make a difference. On a personal level I’m getting out from a deep hole I was. As for your questions how Can you help me? I need the technical side when it comes to automation, also when it comes to property, I need to clarity understanding of the paperwork and legals to start working. So if someone is willing to partner and take a project to the end, it will be nice to hear from you.and paperwork. Keep the good work and I know this year is a year of change and a year of progress in many areas. I also would like to talk to you on a personal level, when will it be possible and how?. I’m from Sydney and I’m working full time sick to the stomach and wantiing to quit any minute.
Regards,
Mark
Jace says
Hi Jon,
I would really love to wake up on a thursday morning and see my bank account in a positive instead of in draft just after doing a weeks work and being paid on thursday. Im 23 years old and unfortunately was not guided properly at the age of 18 on how to run a business, as i really did not know the way i was being taught (by my mother) would leave me a few years later in a very depressed state with over $40k of taxes and company bills, ontop of trying to eat.
My biggest goals would be three things for 2010
1) Be able to afford at least a wedding dress or ring by myself for my wedding this year
2) Try and understand how i can get my first investments property without being told by people around me that i cant as i have no money
3) Being able to wake up on a Thursday morning with a smile on my face after checking my bank balance.
So what i would like to really like to see is a way on how to help younger people who are very eager to learn but is very much stuck in a rut with debts, and being lost.
Thanks Jon
ross says
hi,i am after some advice and direction i am looking for that all important info on how to turn $1 into $2.
rod williams says
hi jon
really enjoy reading your e/mail,s. i am earning about a 1000 dollar,s a week,but just can,t seem to get ahead,because i have a serious gambling problem.
would you be able to give some good advice,thank,s
rod
Jim Mountford says
Hi Jon
Having perused a good number of the emails before me all i can say is good luck.
However one thing that does stand out is the need for an advice or hot line. I may have some idea,s drop me a line.
Jim.
Russell says
Jon
2010 – I need to replace my income A.S.A.P.
Sort out the financial mess from the past 2 years
Invest in positive cash flow properties
Complete some of the many projects
ALL in view of having MORE time with family and set up for an
EARLY RETIREMENT !!!!!!
Thanks HEAPS Jon
I need and appreciate all the help that I can get
Regards
Russell
Rocco says
thanks Jon
Iv been trying to get with property no money deals
and have done cfd and share renting and havnt made the money i should off
Iv been trying to replace my income for years i haven’t made any money in a year now
where i live no 1 seem to want to spend money or are lazy i started a business consultant business that where my skill and passion are to help people build their wealth and income
im redesigning the way im doing things this year and moved up 3 gears.
thy don’t see the value of their own business so i haven’t been able to sign clients
iv had few health issues hold me back but i get by im very positive and focus on what i want and belive it and yet it just not happening for me we all have issues and it will change
idk im just lost every thing should of work and my income should of been replaced by now
thanks for reading
Your friend Rocco
John May says
Dear John,
I am 67 years old and have had a good life which included property investment which was very interesting and stimulating. I now have a small gold site on my property and I am writing a novel. What do I want from you? I enjoy your motivational letters they can be applied to all walks of life and because of that help me towards my goals. Thank you please continue to send me your letters for my motivation.
John May
rosemary hull says
Hi Jon, i am giving myself this year to focus on wealth creation, by educating myself with seminars so that i have the confidence to take the necessary steps.
i wish to diversify in realestate as well as shares and assets.
I am presently 42 years of age with an income of 45,0000 and have no intention of taking risks on schemes that appear to go to be true.
Regards, Rosemary
Zofia says
Hi Jon
I would like to have some one on one advice/assessment of my situation. I thought this might be part of what I purchased last year but have not heard from anyone as yet.
Darren Robertson says
Hi Jon,
In answer to your questions, What would help me in 2010?
I have read every property book I could get my hands on; recently started a futures trading business, recently bought my first investment property (currently renovating), I’ve attended multiple seminars over the last 10 years and I’m heading off to Nepal to climb Mt Everest in 7 weeks time with the goal of summiting. I have spent countless hours trying to work out the best strategy for me personally to take control of my mindset and ultimately create wealth in abundance.
I believe my mindset is now right and I’m ready for it, I’m ready to create an amazing life, I just need some help……
My answer to your questions is- Find a great mentor!
Can you put me in touch with a mentor?
Someone who is interested in passing on what they know in order to teach a very keen student on a one to one basis. As they say “when the student is ready the teacher will appear: …..this student is ready!
P.S I live in Sydney but I’ll fly anywhere to spend five minutes with a knowledgeable “real” human being about this subject.
Thanks a million
Darren Robertson
Jenny says
I’ve owned my cafe for 4 years now, it’s been quiet a journey. However over the years I’ve pretty much been building it from scratch. I have built the business significantly however I have also made too many careless mistakes which has left me over $100k in debt.
In my dispair I turned to the internet for help. I made aprox $30K worth of mistakes. Yep I got eaten alive.
I’m not sure where to start on making more cashflow??? Thats my frustration?
Jen
Martin says
Hi Jon,
I see that others are looking for the same knowledge as I and would like to add myself to the list of people asking about how to position yourself to get a loan approval for property deals.
Many thanks,
Martin
Jacqui B says
Hi Jon, Thank you for your valuable information and encouragement.2010 the year I educated myself before stepping off the Dept ed. safety net.
I am selling my house and plan to move back to the farm for this year and then into my holiday house for a sea change in 2011. The sale of the house(2 semi detatched) ($295,000) is getting close – I bought it for $30,000 in 2003 and this will pay off all but 20,000 mortgage. I am interested in playing with the money and building my assets up rather than paying it off because appartently I need $8 million 🙂 All the best jacq
jen says
I am interested in increasing cash flow ( i have 3 children with increasing costs). I would like to buy my first investment house but am unsure whether 2010 is the right year to do this. I have a small mortgage with no other debts so feel this could be the right time. The uncertainty of the current economy is a worrying.
Julie says
Hi Jon,
I am 55 years old and 4 years ago got caught up in a franchise. Big mistake. I over capitalised in the setup. Once you sign up they do all the set up and negotiating for rent on your behalf, you have no say in your business. The set up cost me 400 thousand and since then I found out that doing it myself I could have set up for about 200 thousand. The building was done poorly and I have constant repairs. They did a bad negotiation on rent and I am stuck in a lease that is in their name, not mine which is too much. So now I am left in a huge dept, working long hours and not earning enough to sell to cover depts. A Catch 22, I am stuck. So with say this I believe this to be my biggist frustration, and needing cash flow. If I sell at a lost I will be left with a big loan to pay off, and no income to pay it with. In all honesty who wishes to employ an older woman these days.
“Noone”
Many Thanks
Julie
James says
cash flow is very important to me this would also help me build equitywhich is my long term goal Many thanks James
Mariano says
Hi Jon,
I am a retired accountant and my concern is cashflow and how to improve it via the internet. Do you have any recommendation? I would like to be able to generate at least 2k a month to augment my dwindling savings.
Regards,
Mariano
Colleen says
Hi Jon How do you create a business with on going cash flow, when you are unable to get back into the workforce, after an injury? I would love to run my own business, how do I do this with no cash, I am unable to get into business training, I have tried, but no money to fund training. How do I learn about the Foreign Trade Currency AND stock market? I have been reading heaps of financial books .Can you help me please? I am very determined to run and have my own business BUT just how do I do it with absolutely no cash at all. 2010 is my break year and make year??? How do you make money on the internet, without being attacked by scammers? I receive your emails and love reading them & fully agree with all of your comments. How do I get back on my feet with very little or NO income to start? Maybe firstly BALANCE or centre myself first???
Justin says
Hi Jon,
Financially I would like my current business to keep doing what it’s doing and support my lifestyle as i slowly free up my time each year. (music teaching business)
I would love to finally buy my first investment property and get on the board. My wife and I are currently paying off our mortgage to our 1/4 acre property in Melbourne’s east. It is worth twice as much as we owe so i feel confident that we can invest now. We also have a 3 year old son.
Once i’m on the property board i would like to aggressively build my property portfolio and obtain 10 properties in the next 10 years. From here my family will be able to sell off a few properties to clear the debt and still live on a strong rental income. It would be great to be able to jetset at will in the future.
I need this inspiration to be an effective writer of music as i intend to become a top name in the film scoring industry.
Ruth says
I would like to know how to start up a business online, how to find a good niche and the nitty gritty facts of how to do it. I’m tired of presenters bragging about how well off they are without giving the audience the nuts and bolts of how to do it for themselves.
natasha says
Hi Jon,
I’m 27 years old who haven’t been employed for over 4 years. my partner has been getting work on and off over this time. so we have just been getting by. we have a mortgage of $120,000 and our home is now worth around the $200,000 mark.
We went to the bank to try and get a loan for an investment property but with no luck because we do not earn enough.
i have been trying to find a good work from home business/job and have spent the last 3 years trying to do so. (with no luck) Until Last month i started a marketing job http://www.dubli.com/8135529 which i could see the potential in. But have had no success what so ever with this one either. I do not want to give up yet tho. all i am asking for is around $3000 a month, and i thought this was do able considering there were people making over 100,000 a month.
i need help in getting cash flow now, then that would make all the rest full into place, i would hope. thanks for your time.
oh and my greatest frustration with money… is not having any and saying no to my children because on money. it sucks
Rogea says
This year I’d just like to really educate myself how to save what I carry home each fortnight. There does not seem to be anything much left after paying most o/s bills fortnight in fortnight out. I’m really getting depressed not been able to breath easy.
PLEASE HELP and ADVISE.
I would love to know about some sort of starting a small business, I do not have any cash to kick start the business. Are there any business training courses that could help me.
John says
Hi Jon,
We would appreciate immediate help with a property investment where an inexperienced developer went bust due to lack of exp on a steep site. The entire development is finished and our group of investors needs a single buyer in the 30 – 35 mil range. It’s a good deal for an astute investor to secure prime real estate in NZ. Entire development is finished and ready to go.
My focus is to develope massive passive internet based income this year, and i’m very confident and well on the way to making a strong start in 2010.
My real focus is to develope the above and work from home with my internet based businesses.
Cheers, and keep up the good work.
Regards,
John
John says
Hi Jon,
I’m back to answer you more specifically:
Cashflow is very important as it is the lifeline to all success, but more importantly is the ability to build strong businesses leading to massive passive income (as I alluded to earlier).
Your challenge in my mind is to develope programmes where you provide step by step tuition on exactly what to do to get from no -where to being very wealthy. Show us what we need to do – explain every step – if I do this or take this action I will get these results – an impossible challenge I know – but, you know the story – give people what they want and you will be extremely wealthy.
And finally my greatest frustration when it comes to money is not having any/enough to do what I want to do when I want to do it – absolute freedom to choose!
Cheers,
John
Tracey says
I am a single mother wanting to firstly to offer a roof over my childrens head, that is my main goal i want to get into the market. I want to get back in the work force and adventually in a couple of years have enough equity in our home to start my portfolio.
So basically i really want advice on where to start who to see as a low income earner. (single mother) I am certain there is something something out there.
Cheers
Tracey
Jo-Anne says
I am 50yrs old and I have, through bad choices, very, very, little. I need income and advice on what to do with that income to give me freedom.
Please help
Jo
Rhonda Goodwin says
Hi Jon,
Firstly I would like to thank you for the time you spend sending out your emails to us all
I have found reading the comments of others very interesting. Due to family ill health, working shift work and trying to do up an investment property for rental I have found it almost impossible to immerse myself in your emails and the Dymphna home study course I purchased in October last year. Things seem to be settling down a bit now and I am aching to get seriously into the home study. I currently have two rental properties in Adelaide – one breaking even on the loan repayments, the other quite heavily subsidised by me (at the moment wholly, as I, or my property manager hasn’t secured a tenant as yet). Obviously at the moment my main concern is getting that tenant. I have a mortgage on my own home of around $75,000 which I have offset to a point. I have equity in my home of between $200K-$250K, about another $60K in one of my rentals and at a guess with the work I’ve done on the newest rental property about $20K equity in that one. My problem like so many others is cash flow and how to get into the position of being positively geared as opposed to negatively geared.
My goal is to replace my current income, preferrably by means of investing in real estate and be self funded in my retirement. I am 54 years of age.
Maria says
Hi Jon
Very Interesting reading the comments. I’m 63, haven’t worked full time for 20 years. No super.
How have I managed? I’m very good with real estate. I’ve been making approximately $100,000 a year just staying home. (well kinda)!! Maybe more.
I have a bad back and that restricts me terribly. Used to do my own landscaping etc. I’m very good at choosing the right properties and I make top dollar.
My friends reckon I should be the one at the seminars giving the advice.
In the last three years on one property I’ve made $110,000 more than what the real estate said it was worth , $70,000 more on a second property, $120,000 profit on a 3rd property. I’m on a current project but because of my health I’m having a lot of difficulty.
My problem is I’ve got heaps of equity in the properties and no cash. I need a plan for the next 20 years. Any ideas?
I wouldn’t mind starting something on line – but a lot of that stuff is over my head.
I also like the idea of options.
Thanks for your e-mails Jon.
norm says
Hi Norm here just in the middle of moving from one rental to another. Thats all good but my rent is higher and I am moving 30 minutes away from the town I now live in. I have a small business, handyman / mowing ect. Still all good. I just need to really increase my cash flow so that I can start to invest in housing or shares anything to make more cash. Also I need to get a lot of new customers wher I live as I do plan to make my business into a franchise chain similar to hire a hubby. So what I need help with is advise on the easiest way, cost wise, too generate new clients for my handy man business. Oh and how to make more cash too. Thanks heaps for your regular emails I feel they help me stay focussed on getting rich.
Gabrielle says
Hi Jon,
I can relate to some of the comments above. I am 38 and single with no dependants (except my Jack Russell). I own and run my own business with a business partner. We have just taken a big hit in our business losing a substantial part of our income. We now both have to get jobs to be able to afford to eat. I feel I am constantly having to juggle my personal income and which bills to pay. My business partner and I both did Dymphna’s program and while it was full of lots of fabulous information we are still in the same boat. I listen to Dymphnas cds in the car all the time. I am trying to pay down my debts – especially credit card debt – taking small steps and even though I am making some headway I feeling like I am getting no where. I constantly receive offers from you and other wealth ‘guru’s’ for courses or information to help me out of my situation and I feel as though I have wasted money on things which sound good but don’t always make the difference I need. I know I am responsible for my own actions or inactions so I am not blaming anyone for this but myself. I feel stuck because I have no money to invest, I have no properties at all, I have a business that is costing me money so how do I get started? All the success stories I seem to be hearing start with people already having property equity they can use for the next project. That is frustrating. I know I could possibly do jv’s with other parties but I wouldn’t even know where to start with that. I have no captial to offer and minumal time to offer. I feel like I’m having a big whinge but this is how I feel. I would love to buy an IP and generate some cashflow but I feel like I can’t get started.
Gabrielle
coni says
goals
“to be able to afford to sponsor children that are homeless
” to have a better cash flow
*dont touch ore equity for personal use just for rental properties
*pay off credit card dept
* to keep our home and rental properties[never sell]
*own our own home at last
“keep daughter in Uni, help daughter overseas, keep 2 kids in school stress free
*both get a better job that is not so time consuming or tireing[ hubby works 12 hrs a day at least, 6 days a week]
*to enjoy life and “go out” without going backwards afterwards
*finish renavating home
* go on a holiday yearly without the thought”we can”t afford it”
*retire in comfort and no stress about money!
*enjoy going out and know we can afford it!
hope you can help us somehow?
coni
Sari Aizik says
Hi Jon
I am a small developer and builder, love property.
Currently i have 4 projects on the go with different partners.
1- Under constructions 6 double stories units.
2- Starting in 2 months 12 appartments basment car park.
3- Trying to sell of the plan to start building 4 apartments with 2 new shops on ground level.
4- Trying to sell of the plan to start building 12 apartments with basment parking.
so far i had to put my own money togheter with my partners.
Now things changed for me, more people chasing me to be partners with them.
So what i start doing is people money, they put all the money and i do everything else and then we share the profit 50 – 50 plus 10% for construction.
I need from you :
more people to invest .
Sales of the plan.
To try and grow the concept that i am very slowly building.
You are doing a good job it is very interesting to read, every day you learn something new .
Thank you
sari aizik dimona constructions.
Andrew says
Hi Jon
If you’re serious about improving the financial picture for the most people, then you need to include more training on wealth psychology.
Anyone who has made any decent amount of money at all knows that it is AT LEAST 80% about the psychology, and at most 20% about the method. Yet time and time again seminar companies promote different methods at least 90% of the time, and maybe a few words here and there on psychology. Why is that? Does wealth psychology not sell as well?
You know I’m right Jon – if you’re serious about actually improving the wealth of your subscribers, then you’ll organise LOTS of speakers on wealth psychology.
Why not get T Harv Eker over here?? Now that would be a useful speaker.
Andrew Griffin
Rubin Miller says
Hi Jon,
I have just sold a business that I built up over the last 15 years and am now looking for a business opportunity that is right for me.
Connie says
short term goal: passive income stream
long term goal: leave $1mio for each of my children
have read a lot of fantastic books on investing and somehow managed to not get moving yet, so I guess procrastination is one of my issues
Peter Terry says
Hi Jon,
My goal this year is to by July generate income to replace my income to be able to have a choice on leaving 9-5 work.
Your help in this regard would be that There have been in the past all these investment seminars being held as a front for financial system supermarkets. Like heres some info just to wet your lips and it can be done but how often ? but all you here is but if you purchase today only you get this discount. ( Please spare us and give everyone some respect ).
What you can do for me and out of gratitude ( remember the secret ) for everyone else, is to offer a concept of credibility by offering some program with all these supermarket sprookers of implementing their own programs, WITH the client for free and they fund the working capital taking a percentage of the profits ( no profit no fee ) to get their program fee or cost and allowing the client to build up capital from hand holding. Once the fee is paid then cut the client away fully trained and mentored and self funded from the implementation of each strategy. Lets just say they could put their money where their mouth is and see how many remain loyal to their sales pitch.
Blunt and to the point but you said that we could be specific.
Thanks
Peter
shinae says
Hi Jon
Thank you for your motivational emails.
2010 my goals are mainly five.
First, set up an internet business that could replace my current salary.
Second, purchase one more investment property.
Third, buy a car as i am riding cute scooter.
Fourth, find a soulmate. 🙂
Fifth, travel in Spain.
victor caruana says
hi jon, I retired from work 25 years ago becouse of a bad car driver who put me on the disabled pension, but I started working again and again a bad driver hit me again and all over again I had to start again and again another bad driver this time nearly finished me of 8 months in hospital again I am starting and would like nothing better than to work from home so I do not become a statistic due to all these bad (female drivers 4 in all coused me hardship.)
victor caruana says
hi jon, I retired from work 25 years ago becouse of a bad car driver who put me on the disabled pension, but I started working again and again a bad driver hit me again and all over again I had to start again, and again another bad driver this time nearly finished me of 8 months in hospital again I am starting and would like nothing better than to work from home so I do not become a statistic due to all these bad (female drivers 4 in all coused me hardship.)
Cath says
Hi Jon
Thanks for asking, my main aim for 2010 is to find cash flow, we have a bit of equity, but a very small income from our own business and 2 small children. We are finding it hard to get finance due to having to go lo-doc. So like many others have said 2010 is all about cash flow!!
Cheers
Cath
Simon says
I would just like a response to the email I sent on 27.01.10
Regards
Simon
David Hudson says
Hi Jon
My wife and I have two properties which we purchased over 5 years with no actual investment planning. My thinking on property is a little different to the mainstream. After the last boom, I find it unrealistic for metropolitan realestate to see that type of growth again because it would make purchasing simply unaffordable for the average person. Wages have not followed, although the banks (were) allowing families to borrow and commit a larger percentage of their income to mortgages.
We have invested in regional property in Albury NSW. (we live in Perth) Here is the reasoning for it.
House numer 1 is your average first home buyers house, 3 bedroom, 1 bathroom, 890m2 block for 155k, advertised for 185k. (at the end of the boom) We repainted, new carpet, new (bunnings flat pack) kitchen, put in a 6×6 workshop. Used dulux render effects to brighten up the bricks. We spent just under 15k. That house is rented for $225pw. (Rent review this month, Feb)
The second house is a two story house on top of the hill, 3 bed, 2 bathroom, study, 2 living areas, in ground salt pool, shower and toilet ammenities next to pool, mains gas bbq in alfresco, views up to the snow fields. All I have done to the property is replace 2 light fittings, 1 external and 1 internal. I purchased the house for 280k, advertised for 335k and it is rented for 360pw (next rent review in september)
In Perth I have to spend 400k to get a return of 330 – 350pw, 600k to get 500 – 550pw. In fact I see so little value in Perth housing (owning/mortgage) that I sold my house and in fact rent. It costs me 360pw for my house (and its a cracker, 4 x 2, 100m from the beach) here to rent it, yet if I brought it with an average of 7.5% it will cost me around 600pw to buy it.
The prices in Albury are affordable to any investor, the returns are fantastic when you look at the percentages and the rents are affordable to the residents. The capital gains are a bit slower than any metro area, but I dont retire for another 30 years…….if I was relying purely on the regional rental and property market
My goal is to purchase another house in either Albury, Wodonga, Ballarat. With the property prices in these area’s I am even looking into offering vendor finance/rent to buy. The main reason is the property is affordable, (less chance of the purchaser defaulting) it puts it into immediate positive cash flow and the leverage of this will enable the purchase of more property to offer to the same market, which (if I can organise five houses per year) will give a return of about $100pw per house (possibly a bit more) in weekly mark up, plus a lump sum mark up of the purchase price of 25k per house at settlement in 5 yrs. This will give an income in the 6th year of 30 houses at say $100+ve cash flow (3k pw, 156k pa) plus the settlement of 5 houses grossing 125k. (I could handle another 281k pa) Rates and insurance are added to the purchasers weekly payment leaving quiet nominal expenses apart from taxation.
My Goal is to start a vendor finance business and to be selling 5 houses per year by the end of 2011. So 2010 is my year to set it all up. My biggest hurdle is contracts. Where do I get a generic contract to start from? Ive got two houses I can kick start with.
regards,
David
Geoff says
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.
Monique says
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
Julie Shelton says
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
Paul A Marshall says
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.
Michail says
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.
Jason says
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
Darrell says
Would like to acquire +ve cashflow properties to replace my current income.
Melissa says
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
Wendy says
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.
Isabel says
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
Greg Clarke says
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
Carlos Reyes says
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
jeewan says
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.
Ross says
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
Karl says
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
natb says
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
Liz Mitchell says
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 .
Paul says
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.
Linda McGaw says
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
Michael Bennett says
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.
Trudy Skeet says
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
Graham Whitehead says
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.
Karen says
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
Stefan v.R. says
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.
Garry says
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
Bradley Hunt says
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.
pat says
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.
gabrielle says
Hi John, you have so many to go through now I wont bombard you with another one – just keep me in the loop.
Gay
Dillan Lawrence says
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.
Daz says
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.
Michelle says
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
Richie says
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
stephen muir says
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
David says
Would like you to pull together a syndicate to invest in cash flow positive properties, whether they be commercial or residential.
Darrell says
Hi Jon – In terms of USA how much due diligence can be achieved at home & are there many lagitimate Websites that you could recommend ?
Gabriella says
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
chris says
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 ???
Rob says
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.
Scott says
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
Alan says
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
Shawn Ross says
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
Valerie says
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 $600K for the first one to get off the ground. Would appreciate advice on how to go about finding funding other than banks, or JV partners for this sort of development and what is considered a standard interest rate for JV projects.
Think you’ve got enough material for a couple of years here!!
Warm regards,
Valerie
Cliff says
Hi Jon,
I have just been recieving all these great posts/ advises from you . I have to find a time to read through and digest them. My forecast for this year is to reduce my loan repayment and simultaniously upgrade my first Home and also looking at buying a low house ($ 15000) and later rebuit to $200 000). Who do I really get toachieve all these.
Kind regards
Cliff
adrian says
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
Shane Andrews says
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
Maryanne says
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
janine says
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
Vance says
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.
Deb says
I would like to have practical advice about what suburbs and types of property to buy – even down to specific properties.
Thankyou,
Deb
Jack Jennings says
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.
Bazil says
Hey Jon,
I’m 39 and single, went bankrupt in 2004, got out of it July 2009 (took a while). I work in the mines and earn $130k p/a and would like to get into property and share investing. I have an option to buy the unit I’m in and the settlement date will be in November 2013 if I wait for the end. I would like to get a loan for it only I’ve heard that I will need to wait at least two years before I will be able to get a loan and then will have to pay above the normal interest rate.
Any comments appreciated.
Bazil.
Desley Roberts says
Hi Jon,Thanks for asking . Firstly I definitely want to be Debt Free .I live on a small Island an I currently working for a big company called National foods.I am only a factory worker at present,an in a CASUAL Position.Which as you know ,if I get Three days of work a week I’m lucky ,so my FINANCE IS VERY WEAK MOST OF THE YEAR. I have rent to pay also currently paying off my car. But cannot seem to get a holiday due to the money strain … However I would love to own a Second hand shop. But my big idea for the Island would be to have a Storage Facility on the Island,an run a business like that. I hear a lot of people who look after other peoples belongings an seem to run out of room.ect But the Business also run out or room to store their items.A MAJOR+. Im also interested in property investment ,the fact is I wouldn’t know where to start. well I see you have got a huge job ahead of you, with all the interest people have so I will leave it there for now. Oh one more thing we dont have a CARWASH PLACE on the Island either, MY LAST BIG IDEA THAT WOULD GENERATE A GOOD CASH FLOW HERE AS WELL..Yours sincerely Desley Roberts
Anne Brodie says
I have just started my own business because i do not want to answer to a boss anymore for a pittance of a wage. My goal is to generate enough money to live a decent life without worrying about where i am going to get the money to pay all the bills and to be able to help out my family as well as giving generous donations to charities, especially in my own community.
My biggest money frustration: I don’t have any money.
Thanks very much
Anne
john adamson says
In response to Peter’s request how to get going with property investment with only 10k yes it would be great to get going with 10k or less i did when i attended a workshop with a true wizard brian norton now i am on to my third property and growing, just as an example one of the properties consistently returns a mininmum of 5000.00 per month and i am looking at my next high yeilding property and even better with the way brian taught us to get it happening the banks play a tiny part, now i bet no one has taught you or any one else for that matter how to achieve such results i was sckeptical but not any more, if jon is interested i can post info on brian to him or alternatively contact me on [email protected]
Filipa says
I am a small business owner and truly believe that business and real estate are the keys to wealth. The hardest thing I find is combining the 2. Our business is only 2 years old and in the first financial year we posted quite large losses. In the first 1/2 of this fin year we are in profit, but it is so hard to get finance to develope our real estate or to get extra capital for cash flow. There is such potential for growth at the moment, it is just hard to stay on track!
Astrid Zanini says
Hi Jon
You are truly amazing !! Everything you write about makes sooo much sense. I want to have some of your energy and mindset.
I work full time I would like to have a $5 million portfolio in property over the next 5 years minimum. I need to know about and implement the methods for reaching this goal. I would like to travel and also look at any business opportunities that may help further in reaching this goal. Working for the Victorian Government will not provide me with the income flow I truly desire. I hope that your expertise and strategies can be contageous for me. Thank you for your motivational blurbs !!!!
Darren says
Tell us Why Josh Hunt – “The underground Millionaire” who has a video on this site is now hiding in Hong Kong with a huge debt owing to Bank West and others. how did he get to this point and how can we avoid it.
Jim Marsh says
Hi Jon,
My goal for this year is to increase my cash flow through business opportunities.
I am looking at the internet for something I can do part time around my current schedule. There is a lot out there and its hard to determine what is good and what is not!
If you have any recommendations here that would be much appreciated.
Thanks,
Jim
Jenn says
I know what I want to do (Short term, Long term)
I know what i want to do and where I want to be (running a foster /orphanage home)
I know that life long learning opens all sorts of doors.
I just DO NOT LIKE it that no matter how hard I try…. “Murphy’s Law”, and life will come in and have the unexpected take it away!
Due to my husbands horrid accident back in Feb 2008, of which he did thankfully overcome, we lost both of our jobs during his recovery period and am basically waiting for the bank to take our home!
My attitude is positive, and I definately will not give up as I have just stated fact.
I just need support to get to the next step…
I have made yet another step by attending along with my husband Dymphna seminar yesterday in Melbourne, but just do not have the cash to take that next step.
Do YOU have any suggestions?
/Jenn
Michael Lazzaro says
Hi Jon.
2010 is going to be a HUGE year for us!
What I have done so far:
-Came across your website by accident last year.
-Attended Dymphna’s one day seminar in Sept. 2009.
– I immediately signed up for the ‘Ultimate Success Real Estate Program’.
– I consolidated all my debts into one:$99,000 credit card debts (yes) and $45,000 mortgage. I now have a $140,000 mortage and $100,000 available equity.
– This has created immediate cashflow turning $2,900 combined minumum monthly payments to $780.00 (+$2,120).
-The $100,000 available equity was given on a LVR of only 65% based on a $360,000 valuation on my PPR.
– I turned around and directly dealt with the mortgage lender and told him that were are now in a much better financial position and wanted 80% LVR and a revaluation of our house of $380,0000 because we wanted more available equity. He said ‘Yes’!
We are now in the process of receiving an additional $64K in available equity.
-I flew to Sydney to attend Dymphna’s 2 Day seminar on the USA markets 2 weeks ago. Was very impressed with the opportunities over there and signed up for the USA ‘Global Masterming Group’.
– I am madly going over the material in preparation for:
1. Melbourne Bootcamp in April.
2. The USA market.
We have yet to start our investment portfolio with approx $150K of immediate available equity.
Our objectives for 2010 are:
1. Purchase a number of quality US properties that are positive cash flow with capital growth potential.
2. Use the cash flow from these properties to buy 1 or 2 capital growth properties in Australia, possibly Sydney and/or Melb.
This is my strategy.
Is this the right way to go?
Look forward to hearing your comments.
Cheers Michael
Aki says
HI Jon,
been enjoying your newsletters.. thanks for asking
About me and my situation :I am an engineer and have worked overseas for ten years.After coming to Australia I could not find a job and I really like to start something to pay my daily expenses in first months of 2010.This is certainly my first step.Then I would like to start my own business .I do not want to be hurt by financial crisis again.I have been a good planner for my life,but now I do not have any thing in my mind.
Please help me with this .
Looking forward to hearing from you.
Thanks,
Aki
Jo says
Hi Jon,
One of my goals this year is to set up a trust fund with family members using our super to purchase investment properties. I would be interested in learning more about the safest way to do this.
Regards,
jo
Anil says
I do not know how, but I want to make a million dollars by the end of this year.
aron merar says
I am ignorant on property invetment or any investment i am 62 years old and no assets and very good at my job 9 Business development) but would like to educate myself and succeed in investing in property or shares
Rhonda Martin says
My goal for 2010 is to finally earn an income after 41/2 years of working hard and earning nothing. I had a business for 3 years that produced no income. I was only in the business a short time and my husband became ill and had to leave his job. I would like the government to know how hard it is when someone in the family falls ill before you are ready for retirement. We had to lose all of our assets before the government stepped in to assist with medical treatments. My husband needs so much medical help that losing all of our assets happened very quickly as I was trying to sell my ailing business. It would have been better for the taxpayer to pay for his medical treatment at the outset as we are now looking like we will lose our house and need housing commission. We are both living on my husbands disability pension as I have just set up another business to try and save our house. I am in massive debt. I will have my husbands medical bills to pay again when I earn an income. How do you overcome these hurdles and move on from such a loss,
Kaz says
Just want to know how I can make it grow.
🙂 cheers
Also I had paid for the Brett McFall programme and because I work 50hrs I cannot get onto it. Could I possibly have a refund or some private tuition.
cheers:)
Andrew says
I am well on my way, so watch this space!
I started my own environmental restoration and specialist engineering business in 2008. The worst (and best time) to start a business. The business has grown to almost $1million turnover per annum. In reality the $ are secondary, but important to enable us to positively improve the natural environment through funding our initiatives.
The next step, that I need to crack is the winning formula that enables me to hang on to the intellectual property in my ideas, whilst getting past the gate-keepers to the decision makers in business. I have a landscape wide revegetation project ready to go, with Govt and technical backing lined up, just needing support from large organisations looking to visibly offset their carbon emissions. It is a unique opportunity for very large organisations wanting to gain the marketting value from making such contributions. Most organisations however, are just sitting tight, until the ETS is settled.
In reality I know I simply need to put more energy into the hard sell and I will nail this. I have two or three other ideas lining up behind this, which again just need my focus to succeed, but one thing at a time….Some also could make a significant return, which I can then put into the next project and so on.
In the meantime any tips on getting past the gatekeepers (or getting the government to pass the ETS) will be gratefully received!
Best of Luck in all your endeavours as well!
Uzi says
What is YOUR greatest frustration when it comes to money?
that I have to work hard for it….
My 2010 wish is to make heaps of cash to reduce my 1st home debt as much as possible…I am interested to explore various ways of making quick money in property…And being 29, I want to be financially free in medium to long term (5-10 yrs. my ultimate goal!)…What is the best advice for me?
Noel says
Hi Jon,
I’m 49, a separated parent of three kids. For the past 16 years I’ve worked in customer service in call centres and recently had enough of listening to bitching, moaning customers and being paid a pittance for it that I walked out and resigned! Luckily, I received a reasonable sized inheritance about a year ago that I’ve been sitting on while I try to figure out the best way to invest it. This is my problem. I don’t know where to start but know that I want to build a portfolio of assets for my retirement as well as cash-flow now. I am debt free as a result of this inheritance. My major outgoings are rent and child support, as well as the usual bills for utilities, etc. I’ve read with interest your articles on cash-flow now from internet businesses but I’m also aware that there are a lot of flashy cons out there that over-promise and under-deliver on content as well as return on investment. What do you suggest?
Jo says
I know I am 1mth and 19 days late in replying but better late than never.
I want to know everything. I am starting my own business. It’s a new product which we are having made in China and will be selling, firstly in Australia and then the rest of the world. Everyone says how we need to get on face book and twitter, which is fine but I would like more info on how to use these best. I missed out on seeing Armand Morin’s Internet Marketing Explained, which would have been good. There is lots of talk about realestate but I’d like more info on starting your own business and how to create world domination with our new product.
As for my greatest frustrtion when it comes to money, ask me about a year ago and it would have been that I don’t have enough but now, I know that it is going to come to me and lots of it and I’m enjoying the process in find new ways to get it. 1 of the best books I have read, is relations to money is the One Minuet Milionaire.Thanks Jon for these e-mails. It may take me a few days or weeks to read them but I always do 🙂
Daniel Redman says
I noticed that some people on this thread are disappointed at the lack of information on how to go about purchasing USA property. Feel free to give me a call on 0435 724 755 or have a look at http://www.uspropertydirect.com and I would be more than happy to run through what we do. Hope to be able to help