Originally posted by agent007
[BThis question goes to Jakk,
I would be very interested in listening and learning from you how one can accumulate 17 or 50+ properties in a short life time. This type of achievement fascinates me. What's the right strategy?, how to find the funds?, how can I do it?. How much time do I need?. How can I join the club?
Regards,
eager to learn,
James. [/B]
James, Don't be fascinated by my achievement, go out and better it, lots of others have. As for strategy, that really depends on the individual, what has worked for me might not work for you.
Funds are always available, seek and thou shalt find.
Not so long ago, I had real borrowing issues, not any more, it's amazing how a good broker can do magic, I have totally given away the traditional banks, their idea of property investment is that I take all the risks and they make all the profits, this sort of arrangement doesn't suit me.
How can you do it?? make a start and keep going and stay FOCUSED, never lose sight of what you want to achieve.
Time required.......as long as it takes, once again stay focused.
Originally posted by handyandy
Hi Jakk
Great story!! Can you eleborate as to the mix of properties and type of locations, Capiatal cities country etc.
From previous posts you called yourself the slumlord just wandering where that originates.
Cheers
mix of properties.......mainly 1 and 2 bedroom flats, 4 commercial properties (shops), 6 industrial (group of 4 factoriettes and 2 self storage complexes) 3 nearly derelict houses that will be redeveloped (townhouses/units) over time and a few parcels of vacant land and 1 PPOR that will be buldozed later this year for 3 townhouses. all located outer east of melbourne and beyond.
The slumlord tag actually originated from this forum, TW used the term in reference to one of my posts and I just adopted it.
Originally posted by Kristine..
Dear Jakk
Although I find just about everyone and everything on this forum inspiring, there is something about what you say and how you say it, which always seems to flick a switch for me.
.....make sure you turn it off on the way out
I have been wallowing about in self pity the past couple of days since VCAT, where the objectors to my clinic application decided to make personal comments about me, and when I defended myself, the Chairman reprimanded me rather harshly. (Think: et tu, Brutus?)
Ahhh VCAT, I am starting to know everyone by first name there
..........and I really can't listen to stories about how awful and wicked real estate agents are (being one and really proud of my hard worked for licence).
awful??, wicked???.... surely people don't really think that of us
So I appreciate your posts, Jakk, and your droll sense of humour.
Droll??? ...and I thought we were getting on so well
Thanks again
Kristine
Originally posted by asy
I remember that!!! It was a great chat session Jakk, I think I have the logs here somewhere...
I remember my first time in the chat room... TW pounced on me too!!
Not many ppl know this, but that's how I got the 'asy' nickname...
lets clarify this, is it Assy or Asy?
asy
Originally posted by elwyn.d
PS. Footy's back!! Go Cats..
Hey, I live across the road from Gary Abletts Mum
and to everyone else that has sent me private messages, I will reply soon
regards