Hi
So I am an electrical engineer graduating this year. I have a job and starting on 60+ per year. I'm 21. I am interested in property investing cause lets face some reality the market is not doing so well anyway and I would prefer to see an investment rather than shares.
Anyway I have been interested in property and reading up on a few forums. I know there are a few ways to invest with property. Some strategies such as DHA. Or more new groups like the Property wealth forum http://propertywealthforum.com.au/
PWF I am not so sure about. I know that these guys have no real feedback but I am looking at their seminar next week.
I have also read that a good start is to just go looking at houses around the place and get a feel for what I would be looking at.
The initial plan will be to save for 6-12 months and then get a loan for investment. I want to be able to invest probably 30% of my income on repayments and use negative gearing techniques for tax reduction.
I would just like feedback on what I want to do and any experience that people may have had.
So I am an electrical engineer graduating this year. I have a job and starting on 60+ per year. I'm 21. I am interested in property investing cause lets face some reality the market is not doing so well anyway and I would prefer to see an investment rather than shares.
Anyway I have been interested in property and reading up on a few forums. I know there are a few ways to invest with property. Some strategies such as DHA. Or more new groups like the Property wealth forum http://propertywealthforum.com.au/
PWF I am not so sure about. I know that these guys have no real feedback but I am looking at their seminar next week.
I have also read that a good start is to just go looking at houses around the place and get a feel for what I would be looking at.
The initial plan will be to save for 6-12 months and then get a loan for investment. I want to be able to invest probably 30% of my income on repayments and use negative gearing techniques for tax reduction.
I would just like feedback on what I want to do and any experience that people may have had.