well it all depends my insurance used to be about $3,000 a year but i’d lost my license a couple of times for things like 90ks over the speed limit in a 110k zone and recless driving and all the stuff that came with it!

now i only pay $1000 a year, just look in the yellow pages right down all the insurance companies and there numbers and start calling, the RACV was teh best for me, also sometimes they will match the quote of another company too so u can match your house and car up and get an even bigger saving.

oh i dont really know i just went to the talk and got the Free assesment then went out and bought a house, i did it all myself using my own credit union and stuff..

one thing i did notice is that the ppl pratice what they preach, the lady i talked too herself had quite a few IP’s which is a good thing because i hate taking advise from ppl that think they know it all because they read a text book or something!

yes i’ve heard of them i went to the same talk in VIC.. what exactly is your post trying to ask the mass’s?

hi all my name is glenn, 19 years old and work at a local production complex (briquettes) “the cheep heat that can’t be beat!” i just got my 1st +ve IP and it will be the 1st of many i feel, I”M HOOKED! i recently went away with a few mates and as we walked to the pub i spoted the real estate agents on the other side of the road, that was the end of my drink’n! i cheeked out 2 houses in the area that day! []

i’d also like to say thanx to everyone that has answered my question even if sometimes they are a little stuppid, i’m amazed at how much everyone is willing to help out on this site i think its great!!!!

PS. Micheal you think your hairs bad i cut my own hair it normally turns out alright, but the other day i made a boo boo now i have a shaved head!!! and its winter!!!

mate if you’ve got $150,000k cash u can buy anywhere!!!!!!!!!!!!!

i have about 20k in cash and i can buy anywhere!!!

as for what u want to do 1st?
what do you want to do 1st, i just got my 1st IP and i dont have a home in my own name yet, but i live with my family ( i’m only 19, not some 32 year old freeeek!!)

u’d have to look at what u want, the way i see it, it aint much piont having a house to rent and renting yourself! but u defently need to buy some property and soon!

hi,

i suggest u look closely at what you want to acheive, everyone has different goals, do u really need (or want) to buy a property every year?

why not spend a little more time looking for a +ve cash flow property, while using this time to save up a small deposit. i only have one property, but i’m looking for a second at the moment. im only going to buy house’s around or under the $100,000 mark.. if your is more than this maybe u could try selling up and get a few cheaper ones…

youngy i’m in the same boat as you, i’m only 20 and earn a very simular wage.

i think the only thing to do is gain the banks trust.. i recently just got a $30,000 car with a $10,000 loan and pay’d it back using almost all of my wage, and some $$ from under my bed, the banks now trust me and i just got my 1st property 90% loan.. the only reason i got this was due to paying off the $10,000 so qick, we all have to start somewhere, its not the best investment around but its good enough and its give’n me some equity for the future.

The way i look at it is we’re starting to do something with our money now so we’re already 10-15 years ahead of our age group, my mates are still piss’n up half there pay each week at the pub.. while i’m planning for my 2nd IP..