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  1. hobgoblin

    No money, no income, how do I get started in Real Estate?

    Hi Always, Fair enough question. I don't want to go into intimate details about my finances, as I am not sure just who is lurking around on this forum (I'm sure you understand) but let me say this: My partner gets half the rental income at 5.7% yield - plus my loan interest at 5.99%...
  2. hobgoblin

    No money, no income, how do I get started in Real Estate?

    Right on Tibor!!! Always_, just to clarify. My new job with QANTAS pays, um, $3.85 per hour. Don't ask! I have a long term plan in mind regarding this job. As to my deposit, not one cent of that is my money. Even the lousy $1300 in purchasing costs is being financed! The deal with my...
  3. hobgoblin

    No money, no income, how do I get started in Real Estate?

    Captain_Picard If you know exactly what your goal is but are unsure of how to go about achieving it, I suggest you read "Think and Grow Rich" by Napoleon Hill. I am in a similar postion to you - no cash in the bank, and struggling to survive in Sydney on $310 per fortnight from Centrelink...
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