All Topics / Help Needed! / Newbie in SA

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  • Profile photo of MatekaMateka
    Member
    @mateka
    Join Date: 2004
    Post Count: 4

    Hi all,

    Let me just say from the start that I am greatful for your contributions to the forum, it has been interesting, intertaining and importantly, most informative.
    Now me, I am new to this game and I feel I am ready to really sink my teeth into it. I currently reside in Adelaide, Ferryden Park, to be precise for those who know, with my spouse. Combined income of $60,000+ pa currently paying off house we built & live in on a LOC, min paymetns would be about $650/fn. Have equity of $60,000 in house. Looking to buy 1st IP.
    The way I would like to invest would be to have a residual income, building that up until I would be free from current job, ie approx $800 p/w, any CG would be bonus. Any suggestions would be helpful on where to start. Also I am a little time poor [dazed] so any bird dogs willing to direct me to some positive properties, preferably in SA, for a reasonable fee, let me know.

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