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    Finding a property guru as a mentor

    When I last posted, I was unemployed, with no money, wondering how to do deals. I still have no money, but now, the other two factors have been taken care of! I am happy to report that I am working full time, for a successful property investor here in Brisbane, who is experienced, and has over...
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    No money, no income, how do I get started in Real Estate?

    Update on The Captain Wow, didnt expect this thread to stretch on for three months! I thought i would give an update on what has been happening to me lately. I am happy to report that I am working full time, for a successful property investor here in Brisbane, who is experienced, and has over...
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    Another dumb question from Harriet

    Hi again Harriet! I guess it was me who advised you, and opened this, well not can of worms, but friendly debate. The others pretty much explained it all. Just a word of advice though - dont go by yields, but cash on cash return. For example, a good question to ask is not "What is the...
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    On the precipice!

    :eek: Hi Harriet, Just wanted to answer your earlier question about whether you should invest in negative or positive cashflow property. I know positive cash flow properties are hard to find these days, but when you are starting out, dont buy anything else, unless you find a REALLY...
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    No money, no income, how do I get started in Real Estate?

    Ok, thats fair enough. So on to the second part of my question - where would I find mortgage brokers that offer no money down deals? The danger I guess would be the higher interest rate - it would mean the property would no longer be positive cash flow. They are rare, but I find one or two good...
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    How many properties to retire?

    In answer to the original question (when should I retire from real estate) I would say - never! Why on earth would you want to retire? The worst thing that can happen is that you have excess money. Then, all you would have to do is think about what goals you want to achieve, now that money is...
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    No money, no income, how do I get started in Real Estate?

    :confused: Ive read two of Jan Somer's books, every book that Robert Kiyosaki has written, and I am ready to go. The only hitch is that I have no money and no real income. If possible, I would like to "bird dog" for investors, ie, find deals for them for a fee, as I know the Brisbane...
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