All Topics / Help Needed! / Advice appreciated – new investor

Viewing 4 posts - 1 through 4 (of 4 total)
  • Profile photo of ShelleShelle
    Participant
    @shelle
    Join Date: 2014
    Post Count: 1

    Hi everyone,
    Would love to hear everyone’s thoughts & advice
    New to investing or the possibility, of starting.
    Recently started researching to try an start gaining some
    Knowledge before making any future decisions.
    My partner an I have a small acerage together kids have left
    School, partner working full time .I have a unit in sydney an am considering selling at the
    End of the day possibly looking at approx $500,000.
    Would like to start a property portfolio, for growth & cash flow
    Interested to hear views

    Profile photo of Jamie MooreJamie Moore
    Participant
    @jamie-m
    Join Date: 2010
    Post Count: 5,069

    Hi Shelle

    Welcome aboard :-)

    The best advice to give at this stage is to educate yourself. Spend time on forums like this – they’re free and are full of up to date information.

    There’s also plenty of property investing books out there – all explaining different strategies/approaches to property investing.

    There’s also a few national magazines that are worth reading (in my opinion) when starting out.

    Best of luck!

    Cheers

    Jamie

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    Why are you considering sellin?

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of BuyersAgentBuyersAgent
    Participant
    @knightm
    Join Date: 2005
    Post Count: 338

    Yes Jamie and Terry above have good points. Education will help you build a great set of advisers to help you move forward. You may or may not need to sell to build a portfolio – there are plenty of creative options with financing that might mean no need to sell. If you want to sell for lifestyle reasons then this is obviously different.

    BuyersAgent | Precium
    http://www.precium.com.au
    Email Me | Phone Me

    South Coast NSW Independent Buyers Agent - Wollongong to Batemans Bay and Regional NSW. DOWNLOAD OUR FREE 14 POINT PROPERTY BUYER'S CHEATSHEET to avoid painful mistakes at precium.com.au

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