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Didn't he buy the cars to sell them at a profit - not sure how this shows instability. Shows he has some initiative to make cash when there aren't many options. .
Buying and selling cars in most states requires a dealers licence. One can get a criminal record for dealing without a licence. 15 seems rather a lot.
One hopes the OP will be more law-abiding when trying to get his partners to part with their money or time.
Comes down to cash flow,vas far as still being able to get loans off the banks if you haven't figured that out.
Do you know anyone with 10+ heavily negatively geared IP's?
Can anyone recommend a hot female under 25 in Adelaide to do some JV with?
To the OP... as a savvy 21yo multiple property owner, why would you want to be in partnership with someone young and gullible?
No I don't know anyone with 10+ negatively geared IP's because all the people I know that invest know that that is NOT the way to financial freedom.
I hope that's not your goal.
I think ill be the judge of their characteristics when I meet them in person, this thread is merely to get the ball rolling as I have already made an interstate mate who is featuring in API this coming month thanks to this thread.
Great stereotype and huge generalisation there by the way. Not everyone that's young is gullible, champion.