Young Investor

Good for you in thinking about your future 'early' in life.

Before you 'jump in too quickly', you should develop a plan for the short, medium & long term about where you want to be in 1 yr, 5 yrs and 10yrs in terms of assets/properties, income, lifestyle.

Then look at fleshing out strategies to achieve the goals of each plan, which should indicate what is possible and what is probable, and whether you have to revisit the plans and their timeframes.

After that, you might want to talk to a mortgage broker or a local branch lender or lending 'hotline' to establish financial capability.

Your not a young investor,….23 years old your a late starter.

I was already looking for my third investment property at your age, but go for it any way. it's never to late to start.

Goal setting is extremely important, I am a  big believer that if you write your goals down and the time frame in which you are going to achieve them in you are all ready halfway there. 

 what is it that you want to achieve from your investing,….. you have to think about that question and define in your head the outcome you want to achieve and then build a stratergy for your investing that will get you there.

Strive to become a sophisticated investor, and build your knowleadge of not only property but all the other assets classes that are out there, learn about different ways to struture your debt and gearing levels, and different structure's in which to hold your assets,

and the most important thing is to talk to and learn from as many people who have done or are doing the things that you wish to do, ignore people with negative opinions who say "you" can't achieve your goals, often they really mean "they" can't achieve your goals.