Tag Archives: finance
6 Steps To Becoming A Millionaire by Jamie McIntyre
1. Firstly, get clear about why you want to become a millionaire
Write down all the reasons:
What will it give you?
How will you feel?
When would you like to achieve it by?
Are your reasons valid?
I.e. to have a great lifestyle as an example. Do you need to become a millionaire or can you have a great lifestyle well beforehand?
Go for what you specifically want. $10,000 a month passive income might give you a great lifestyle so becoming a millionaire may be the secondary less, critical Read more [...]
One Melbourne Property or 50 positive cash-flow properties in the US? By Jamie McIntyre
Jamie McIntyre talks about the benefits of investing in Property in the US!
I was watching Channel 9's reality TV Show "The Block" the other night and I was shocked!
Do you realise that what they paid for just one property in Melbourne could buy almost 50 positive cash-flow properties in the US! And with only 5% deposit too.
I've got the perfect example...
There was a deal recently where, for less than $1.4 Million, you could acquire 47 condos in one go - already tenanted with a massive Read more [...]
Prepare for another Rental Boom
Rents for Residential Properties will continue to boom and increase even faster over the next 2 years, particularly next year.
Sydney is where rents will rise the fastest at 7.1% annual growth from 2010 to 2012, followed by Melbourne 5.6%, Brisbane 5.0%, Adelaide 3.4%, Perth 3.2% and average Australia wide 5.8% (according to BIS Shrapnel).
This is largely due to the continuing increased demand from high immigration and the economic recovery combined with a Construction Industry unable to keep Read more [...]
