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  • Profile photo of billy10388billy10388
    Participant
    @billy10388
    Join Date: 2010
    Post Count: 2
    Wyeth wrote:
    I thought that since I've been lurking on here for a while I should join up and say hello. I am totally new to property investment but am real keen to have a go. I've been reading the invaluable information on here and have a much broader understanding of the basics as a result. I have bought Steve McKnights book and look forward to receiving my copy to read. It looks like I will need to buy his new one as well though. I presently don't own any property (and never have) even though I'm 30 years old, now I think about it I'm actually closer to 31. Damn! I am really keen to get some savings sorted and get out there so I'm doing all the reading and research I can. I am yet to see a financial planner but would like to have some form of plan for them to review first just so I don't feel like a total idiot! Within a year I should have $50K to start me off with but am already investigating my options for using around $25K in 6 months time. My interest so far is trying to accumulate a positive and negatively geared property and then a 3rd property after that for me to live in with my partner and renovate. As soon as I can free up additional equity, the plan is to expand with more IP in a diverse range of areas to spread risk. I'll try and not ask any really dumb questions and do some research first. Thanks. Steve.

    Thanks you for the post.
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    Profile photo of billy10388billy10388
    Participant
    @billy10388
    Join Date: 2010
    Post Count: 2
    Wyeth wrote:
    I thought that since I've been lurking on here for a while I should join up and say hello. I am totally new to property investment but am real keen to have a go. I've been reading the invaluable information on here and have a much broader understanding of the basics as a result. I have bought Steve McKnights book and look forward to receiving my copy to read. It looks like I will need to buy his new one as well though. I presently don't own any property (and never have) even though I'm 30 years old, now I think about it I'm actually closer to 31. Damn! I am really keen to get some savings sorted and get out there so I'm doing all the reading and research I can. I am yet to see a financial planner but would like to have some form of plan for them to review first just so I don't feel like a total idiot! Within a year I should have $50K to start me off with but am already investigating my options for using around $25K in 6 months time. My interest so far is trying to accumulate a positive and negatively geared property and then a 3rd property after that for me to live in with my partner and renovate. As soon as I can free up additional equity, the plan is to expand with more IP in a diverse range of areas to spread risk. I'll try and not ask any really dumb questions and do some research first. Thanks. Steve.

    I also think so.
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Viewing 2 posts - 1 through 2 (of 2 total)