Hi my name is Dom, currently 18 and i am actually posting from England as i cant seem to find any decent forum sites like this for property development!
The reason for my post is to seek advice about property development, and the best way to go about it. Im looking for tips and previous experiences from people to help me build knowledge on my dream career. I am a very motivated hungry person for properties and money, i work hard for it and have a lot of wit and common sense. I am very fortunate in the sense that i have family that would be prepared to lend me money for a deposit , but i am not willing to ask for any deposit money any time soon until i am very confident in myself and have done as much research as i can.
I have had a lot of interest in properties since young as a family member used to be heavily orientated in properties, but unfortuantly passed away when i was much younger and didnt really get the chance to ask him everything i want to know, however i learnt alot from him but would like to expand my knowledge with other people too.
Thanks guys
Hi Dom
Welcome aboard and i hope you enjoy your time with us.
I started my property investing career in SE England when i was your age and in fact purchased my first IP the same year so good for you.
In saying this the hardest part going forward at your age will be financing the deal. In the UK at the moment finance for standard residential investment housing is hard enough to obtain let alone development funding.
Whilst we would love you stay and contribute an Australian based property forum is probably not going to be particularly relevant so why don't you look at the Property Tribes forum in the UK. Been a member there for 5/6 years and similar to PI.com there is range of experienced members.
Vanessa is the founder and administrator so join up and say g'day.
Good luck to you anyway and keep us all informed of your progress.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
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