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  • Profile photo of my4isrobsmy4isrobs
    Member
    @my4isrobs
    Join Date: 2004
    Post Count: 4
    March 21, 2004 - 2:12 pm

    It was permanent work doing a support role for administration/service/accounting in manufactering engineering co. I got a redundancy payout which eased the pain. Time to move on now.

    Thanks to those that have taken the time to post a reply.

    REgards
    Rob

    Profile photo of my4isrobsmy4isrobs
    Member
    @my4isrobs
    Join Date: 2004
    Post Count: 4
    March 19, 2004 - 1:16 am

    Thanks guys i really appreciate the feedback, the support is most welcome..
    I guess i’am trying to make the right decisions starting out instead of having the reverse approach that being make the stupid costly mistakes then ask for advise of what i did wrong or how do i ammend it to get back on track.

    I have a job interview today at the sunshine coast inwhich if i’m successfull i will be moving up there to live..i’m from Brisbane atm.. hope everything goes ok.. With a job atleast i should be able to get a loan in a few months.

    I’ve heard of ‘no money down’ deals which would be pretty good for me atm (i think) because although i have the deposit from my savings i have no means of making the loan repayments for the investment property. Has anybody they know done this well when starting out like me…

    My goals are to educate by books, tapes/videos and this forum and to have a positive cashflow property b4 xmas 2004. One step at time approach is probably a good move…i’m pretty excited about the whole thing, and have been in limbo for about 12 months deciding how to do it.Full-time work is a little monotonous sometimes and finding the time and keeping focused is hard, especially when i need free time to have fun and be active in other areas of my life..eg social, sport etc..SO not i have chance i want to dive in but yes thats probably not the best idea as i dont really know what im doing.. but i know where i want to be.. does that help [biggrin]

    Profile photo of my4isrobsmy4isrobs
    Member
    @my4isrobs
    Join Date: 2004
    Post Count: 4
    March 17, 2004 - 12:28 am

    Hi Amlc_79,

    I alike turn 25 years old this year and still live at home. Yer well the lifestyle is to good to move out and work is a mere 5 minutes away..well it used to be, got made redundant last week :(

    A mortguage locking me to my job is something i dont find attractive. I never have rented and never thought i would, but lately i have different ideas after reading Steves 0-130 properties.

    If i rent i have free money to invest and build my positive cashflow property portfolio instead of it being chewed up by the mortguage.

    All the best
    Rob

Viewing 3 posts - 1 through 3 (of 3 total)