Help needed

Viewing 7 posts - 1 through 7 (of 7 total)

neney
Member
@neney
Join Date: 2004
Post Count: 1
March 3, 2004 - 11:15 pm
Hi,I am looking at purchasing my first investment property. I live on the Gold Coast and would appreciate any help from people that have already acheived success.Any advise would be gretly appreciated, I have lots of questions, but don’t know who to find out advise from that isn’t working in only their best interest. Thanks to anyone that can assist,
Neney[]
Mortgage Hunter
Participant
@mortgage-hunter
Join Date: 2003
Post Count: 3,781
March 3, 2004 - 11:27 pm
Neney,
You have found the right place!
Post your questions here.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
JetDollars
Participant
@jetdollars
Join Date: 2003
Post Count: 2,435
March 5, 2004 - 5:53 am
Neney,
Since you have a lot of questions, may be you should start of with just one quesion and move on to the next …
So where is your questions?
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
Richard Taylor
Participant
@qlds007
Join Date: 2003
Post Count: 12,024
March 5, 2004 - 2:27 pm
Happy to help email me.
Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au
There is no such thing as a problem.
Just a solution waiting to be found
Richard Taylor | Australia's leading private lender
judi
Member
@judi
Join Date: 2004
Post Count: 119
March 6, 2004 - 5:03 am
Quote:
Originally posted by Qlds007:
Happy to help email me.
Or post them here so we can all share.
Judi
Derek
Member
@derek
Join Date: 2004
Post Count: 3,544
March 6, 2004 - 6:49 am
Hi Neney,
I would recommend you do some extensive reading (if you haven’t already) and ask lots of questions so that you start to understand the various aspects of property investing as there are many ways to invest in property – at the end of the day the decision needs to be yours and you need to be comfortable with what you are doing.
You will also need to work out what you want to achieve so that you have an end point in mind. This will help you determine whether or not you will be a growth or income focussed investor.
Your age, years to retirement, family situation, risk tolerance/aversion levels, borrowing capacity and a myriad of other factors will also come into play when you determine what it is you want to do.
For now my advice would be to set yourself a timeline to complete your knowledge quest, then determine your borrowing capacity, research your chosen area, and then finally get out there and ‘Do It’
Derek
[email protected]
Kiwi-Fulla
Member
@kiwi-fulla
Join Date: 2002
Post Count: 371
March 6, 2004 - 3:58 pm
I also suggest self education …. best investment you can make is in your own future !!!!
Best of luck….
Ps. If you would like a few good bools that I really enjoyed…not in any order of prefference:
Money Secrets of the rich – John Burley
Powerful Changes – John Burley
Rich dad Poor Dad – Robert Kiyosaki
Cashflow Quadrant – Robert Kiyosaki
0 – 130 Properties – Steve Mcknight
The Wrap Pack (Vendor Financing how to course)- Rick Otton
Believe and Achieve – Paul Hanna
Real Estate Riches – Dolf De-Roos (Kiyosaki Richdad endorsed)
Anything that will tantalise your taste and yearning for knowledge…. this gave me more confidence when dealing with my accountant and Legal teams I am building.
Best of luck!!
Cheers
Kiwi
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