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[8D] I am in perth and currently buying my home. Can anyone tell me if they have used steves principals here in the west and if so where did they buy there first propertry. Regards Lindsay
Hi clarksonsclan,
I too am in Perth and pretty new to the forum. I am currently following Steve’s principals but had never read his book or looked at this forum before my first purchase. Just felt that positive cash flow was the way to go because for one we couldn’t afford to be putting in any money from our own pocket. I had done a lot of research and reading on investing in property and have always wanted to have a go. This forum has given me more confidence and has certainly helped with the purchase of my next IP. I have soley gone on the equity in my own home which is in Joondalup as our income doesn’t count for anything (very average), but anything is possible with a good Mortgage Broker, Accountant, some decent equity and a pos cash flow purchase in mind. We have bought in country WA as we finally realised we couldn’t get anything in the city. Above our price range…….so we started very small, got our feet wet, learnt some more and will build up our portfolio from there. Great to see more Perth people getting into the forum. Good luck with your investing. SQ[]
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