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I'd like to thank everyone for all their advice and support. I wish I'd found this forum earlier to give me an even bigger head start.
TKline, interesting read however as JasonFonSeca indicated, I don't think that the property market is in as much strife as the article suggests. I could be wrong, my opinion is based mostly on research in newspaper articles, property magazines, and other websites I've looked at since reading the Money Morning information.
Based on what everyone has said, it's time for me to save save save while keeping myself up to date and on the look out for property gold mines.
Keep the advice coming, I really do appreciate it.
Where can I see you? My 2 week break from school commences next week so I'll have plenty of free time. I'd love to learn from someone who has experience in the field.
You can email me at [email protected]I've been advised to do a building course before so I'll take that into further consideration. Many people have also suggested carpentry. I'll start gathering information on these TAFE courses.
Thank you for the quick response.
I'm going to have to do a lot of saving. My parents aren't able to throw too much money my way, especially if I decide not to go to University (They're very narrow minded about that).
So you're advice is to save up enough money to put a deposit on a house, assisted by money from the bank, do some renovations and sell the house for profit? Just to clarify, does this involve paying off the house after renovating and selling it?
Also, what level of education would you suggest? I'm currently in my HSC year with marks which should allow me to enter into the University of Technology, Sydney's course Bachelor of Construction Project Management. http://www.handbook.uts.edu.au/courses/c10214.html
Would you recommend this level of education, forfeiting 4 – 6 years (depending if I do it full or part time) of saving and field experience. If not, what other paths would you recommend to become better educated in property development?
