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From: Adam Weisser
Hi all.
I'm sorry if this is a tired old chestnut that some poor slob of a newbie keeps bringing up and the old hands roll their collective eyeballs, then look at the first paragraph and say "oh, not this one again. And look! He's even started with the mandatory apologetic paragraphs to try and make up for the fact that he's about the annoy us! At least he hasn't used the <BLINK>blink</BLINK> tag..."
So anyway...
I've been reading book after book for the last 7 months.
I want to get into the property game so bad I want to cry.
But I have no equity, no assets, no nothing. It's early days in my saving career and with the help of the Wife and the Husband (he gets a capital too!) I have a plan and I am saving a deposit for my first house (to live in first so I don't feel like I'm feeding my rent money to my cat Travis).
From what I'm reading, I really need some equity behind me before getting into the IP game.
I think I made this same claim at the first Melb Freestylers meeting and Miss Terious mentioned Lease Options. Now I must admit I haven't checked them out yet. I kind of feel the market is saying "let's see what happens".
Am I correct in my assumption that to get the ball rolling I really need to have a few ten thousands behind me?
Desperately Seeking IP,
Adam
Hi all.
I'm sorry if this is a tired old chestnut that some poor slob of a newbie keeps bringing up and the old hands roll their collective eyeballs, then look at the first paragraph and say "oh, not this one again. And look! He's even started with the mandatory apologetic paragraphs to try and make up for the fact that he's about the annoy us! At least he hasn't used the <BLINK>blink</BLINK> tag..."
So anyway...
I've been reading book after book for the last 7 months.
I want to get into the property game so bad I want to cry.
But I have no equity, no assets, no nothing. It's early days in my saving career and with the help of the Wife and the Husband (he gets a capital too!) I have a plan and I am saving a deposit for my first house (to live in first so I don't feel like I'm feeding my rent money to my cat Travis).
From what I'm reading, I really need some equity behind me before getting into the IP game.
I think I made this same claim at the first Melb Freestylers meeting and Miss Terious mentioned Lease Options. Now I must admit I haven't checked them out yet. I kind of feel the market is saying "let's see what happens".
Am I correct in my assumption that to get the ball rolling I really need to have a few ten thousands behind me?
Desperately Seeking IP,
Adam
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