Hello everyone out there
I am only a baby at this game of trying to gain financial independance.
I bought my first property 18 months ago in a Perth suburb $154,000. Has been rented out since day one for $200 pw. I think I am doing okay, but not knowing all the knowlege everyone else knows, I feel reluctant to go any further. Words of encouragement would be nice.
George[?]
Hi George,
Welcome to the PropertyInvesting.com community and thank-you for your post.
While the investment you outlined in your post would not be something that I would buy (as it is likely to be negative cashflow…), I nevertheless feel that being in the game makes you well placed to go on to investing success.
Nobody scored the winning goal by sitting on the sub bench…
But don’t stop at one!!! Take what you have learned from this site and your existing investment and go on to acquire another 40 in 2003. [
]Remember to post your questions here and I look forward to seeing more from you on the forum.
Bye
Steve McKnight
P.S. Why not post what you have learned from your first investment?
**********
Remember that success comes from doing things differently.
**********Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
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