charliewebb replied to the topic Newbie – Lazy Equity?? in the forum Help Needed! 14 years, 11 months ago
Hi Maree123On the surface it looks like you have heaps of equity to grow a property portfolio. I think that most people should have a plan to own 6 properties outright so that they can live off the rental income.You need to know what you have to do to achieve this. The amzing thing these days is that knowledge is free.The best place to start is to…[Read more]
charliewebb replied to the topic Newcastle NSW Real Estate market in the forum Help Needed! 14 years, 11 months ago
Hi Duck City,I agree with the others – don't sellKeep it as it will continue to go up in value over time and it could be your springboard to great wealth. Robert Allen says to buy right and hold on tight. He talks about using the equity to buy a second property and a 3rd and a 4th. I attend weekly meetings in Sydney where they teach this…[Read more]
charliewebb replied to the topic How should I buy an investment property? in the forum Help Needed! 14 years, 11 months ago
The best thing to do is to get some property investing knowledge and it is virtually free.You can do this by reading books and formulating a plan and there are plenty of books in the library these days.In the meantime you need to work out how you can borrow and what you have to do to borrow, usually it is to have an income.But as they say "there…[Read more]
charliewebb replied to the topic Seminars in Sydney in the forum I attend weekly chat club 14 years, 11 months ago
I attend weekly chat club meetings at Baulkham Hills in Sydney which are free for the first 4 meetings. It's a chat club where people can meet other would be property investors and those already on the journey. We fisrt of all learn the basics about investing and then when we are ready we take positive action. Every now and then guest speakers c…[Read more]