Getting Started

Hi All,

I have recently finished reading Steve’s 2 books and as a Project Manager for a medium-large commercial builder I have absoultely no quams about renovating / building / developing etc, as the majority of what is discussed is finding a problem and fixing it. ie. What I do every day (just with other peoples money).

My question is this: I have purchased an apartment that I currently live in in Melbourne and was astounded by the amount of paperwork invlolved in finding and signing up for finance, and more so, the amount of work involved from a conveyencing point of view.

For those of you, like Steve, who purchase an investment property each week, do you have a line of credit or something similar from the one bank, or do you shop around and have different loans with many financiers? The document signing must be endless.

In addition, do you have a conveyencer working almost full time for you, or do you learn to do all the conveyincing yourselves. I imagine its proably not that hard once you get the hang of it, just seems like there is a lot involved, especially when I work 50+ hours a week and I believe it will take some time before I could become a full time invester and do all the finance arranging and conveyencing myself.

Any advice or response will be much appreciated
Ben