Affluencia Pty Ltd

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 In this issue

• Wendy's Week
• Events and Teleseminars
• Wendy Recommends
• Feature Article:  Know your credit rating
• Five Minutes with...
• Need a speaker
• Quick Links
• About Wendy
• Manage your Subscription

Wendy's Week

I had the pleasure of catching up with Barbara Garbogrecan this week from MCEI.  As mentioned last week, I am the special guest on the MCEI forum from 8th April for a week.  

The forum is available for public viewing, but only members of MCEI can post questions and comments however Barbara has kindly extended an offer to the Affluencia community.  

If you'd like to post a reply to the foum, email Barbara here and she'll set you up with a guest log in for an entire month.  With over 90,000 views last year, this forum is a great place to let others know about your business.  Make sure you drop by and say hello here.

Until next week, happy investing!

 
Wendy Moore
"Showing women how to get started in property"

PS: Click here to ensure survival of the Sumatran and Bornean Orangutan species.

Events and Teleseminars

How to Create the Most Value with Renovations

Register here for our F.R.E.E. April Monthly Teleseminar

Ana Stankovic from Winning Formulas for Success will be joining us to share how to get the biggest bang for your renovation buck.

To listen in live to this f.r.e.e.  teleseminar, just register here.

Wendy Recommends

Feature Article

One of the things a bank will look at when you approach them for a loan, is your credit rating.  A bank is going to want to know that you are a “good risk” for them if they decide to lend you money, and part of that decision process involves looking at your credit report to see your previous repayment conduct.

Every time you apply for finance, a bank will do a credit check on you.  What they are looking for is to see if you have any defaults in payment on your personal records.  A credit check will reveal any judgments against your name, court orders and any bankruptcies.  What shows up on your credit report affects your ability to secure finance from a bank.

Your credit report will also show each time a bank has done a check on you.  So if you apply for a loan, let’s say with Bank A, and then, for whatever reason, decide not to continue, that initial request is still added to your credit report.  Be mindful of this, as when you next apply for a loan, let’s say with Bank B, they will see a request for finance with Bank A that did not proceed.  They will then want to know why.

As a property investor, you can easily explain many applications for finance to a bank.  But when you are just starting out, be mindful of unnecessarily having your credit checked.  You are within your rights to ask a bank not to check your credit until you certain you need a loan with them.

How do you find out what your credit rating is?  Go to www.mycreditfile.com.au and get hold of a copy of your credit report.  If you are prepared to wait a few weeks, this service is free.  Or you can pay a small fee and receive your credit report faster, usually the same day.

By Wendy Moore
Copyright 2009 Affluencia Pty Ltd

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You can, as long as you include the following:

Wendy Moore is founder of www.affluencia.com and creator of the Get Started in Property Mentoring Program - the step-by-step, hold your hand program that gives you the tools and confidence to take your first step on the property investing ladder so you can live a life you love. To receive your F.R.E.E. Special Report and weekly how-to articles to expand your property investing toolkit, visit www.affluencia.com. 

Five Minutes with...

Joanne Attard of Verix Finance

Question 1
What has been your biggest challenge in business and how did you overcome it?
With 10 years of working in a major bank and leaving with a very good reputation, my business partner and I left 8 years ago to commence our own finance broking business. Little did we know that the industry was made up of greying old men and a reputation of shonky brokers… We soon realized that being female in this industry has it’s advantages, people prefer dealing with women when it comes to their finances and not before too long, our names were known in the credit circles of all the major banks that we are reputable brokers who know what we’re talking about and how to put a loan together the first time! 

Question 2
If you had to start your business again from scratch, what would you do differently?
Keep it simple.

Question 3
Who do you admire and why?
I am admire people who have a positive outlook on life and situations. People who are realistic, who look for opportunities, and create solutions. As opposed to those who dwell in self pity and procrastination.

Question 4
It takes a lot of determination and dedication to succeed in business.  What keeps you motivated?
Mary Sartinas, my business partner, she is an amazing woman; her strength, determination and passion is second to none.  Annie Papagrigoriou, the greatest assistant ever, her dedication, knowledge and unconditional support blows me away every day.   My husband & daughter, they keep me grounded and are a constant reminder that all the hard work and dedication has a reason.

Question 5
What are your 3 biggest success tips?

    1.    Keep it simple.
    2.    Take time out.
    3.    Set your goals and follow through and remember they may change along                            the way.   

Tell us about Joanne...
Verix is a boutique mortgage broking firm specialising in loan structuring and creative finance strategies for both the First Home Buyer and Investor. Verix provides personalised finance strategies and coordinates the entire process from application through to settlement. We research credit and policy with numerous lenders and develop strategies for all your finance needs. 

At Verix, we are different; we are passionate about property and understand that finance is the key to growing your portfolio.  We look after your finances as if they were our own. We are dedicated to provide you exceptional service and most importantly, we are prepared to stand behind our promise.

Are you a Successful Sister?
Each week, we'll spend five minutes with a successful sister.  Like to be considered to share your story?  Let us know by emailing contact@affluencia.com

Need A Speaker
 
Would You Like Wendy To Speak Live at Your Next Event or Be a Teleseminar Guest?

Her presentations and workshops are ideal for anyone looking to get started investing in real estate or discover the tools and techniques to successfully invest in property.

Send an email to contact@affluencia.com if you'd like to book her.

Where is Wendy Speaking Next?

Melbourne

Infusion Networking - Sunday 17th May - half day property workshop

Productivity Coaching Club - Tuesday 9th June - teleseminar

Sydney

Quick Links 

Visit the Affluencia Blog

Post (it's f.r.e.e!) on the Get Started in Property Forum

Register for our F.R.E.E. monthly teleseminar

Attend the next Affluencia Event

About Wendy

Wendy Moore is founder of www.affluencia.com and committed to showing women everywhere how to get started in property.

If you liked today's issue, you'll love Wendy's products and coaching programs to help you build confidence and add the necessary tools and techniques to your property investing toolkit so you too can live a life you love.

Wendy made it to the very top of the corporate IT world, managing multi-million dollar budgets, before gut-wrenching stress demanded she reappraise her life and follow her true passion:  property investing.

Wendy now educates, empowers and inspires others and says, "It's all about education and gaining from other's experiences. I'm passionate about helping women become financially independent through investing in property."

You can learn more about Wendy and her courses, programs and products at her website, www.affluencia.com

Manage your Subscription

You may absolutely share this newsletter with people you think may enjoy it. When doing so, please forward it in its entirety, including our contact and copyright information. Thanks and enjoy!

Affluencia Newsletter is written by Wendy Moore.  If you have any questions or comments, please send them to: contact@affluencia.com

Affluencia.com, GPO Box 2000, Melbourne Vic Australia 3001
Tel: 61 (3) 9686 2288 Fax: 61 (3) 9682 4010
Email: info@affluencia.com

Copyright 2009 Affluencia Pty Ltd. All rights reserved.

Disclaimer: This newsletter is not intended to be a substitute for investment or professional advice.  It is a broad discussion to provide a general understanding. Before acting, you should seek specific professional advice for your unique situation.

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