All Topics / Help Needed! / Advice appreciated – new investor
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 viewsHi 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 MeMortgage Broker assisting clients Australia wide Email: [email protected]
Why are you considering sellin?
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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 MeSouth 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
You must be logged in to reply to this topic. If you don't have an account, you can register here.