26 year old investor - intro

Discussion in 'Introductions' started by Michael Barnes, 2nd Feb, 2017.

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  1. Michael Barnes

    Michael Barnes Active Member

    Joined:
    8th Mar, 2016
    Posts:
    27
    Location:
    Sydney
    Hey Everyone,

    Huge fan of the forum, been reading for many months but never posted! Have made some awesome connections through here so thanks to the guys that developed propertychat!

    Currently working in software sales and looking to continue my journey in the world of property investing.

    I've accumulated 3 x IPs - 1 house in Hebersham, Sydney (October 2014), 1 house in Kallangur (March 2016) and recently acquired a house in Hoppers Crossing, Victoria (October 2016)

    Planning to keep saving hard for the next one....I'm still keen on the outer suburbs of Melbourne (Werribee, Hoppers and Melton)...

    Looking forward to keep learning from you all.

    Cheers
     
    Michael_X likes this.
  2. Brady

    Brady Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,561
    Location:
    Adelaide, SA
    Nice work, sounds like you're doing well.

    Did you extract equity from Sydney property to purchase in QLD + VIC or was that from savings?
     
  3. Michael Barnes

    Michael Barnes Active Member

    Joined:
    8th Mar, 2016
    Posts:
    27
    Location:
    Sydney
    Hey Brady, thanks for the reply. That's correct.

    I think Hoppers will provide the next equity release - gave it a cosmetic reno and will have it revalued soon. Might have to wait a couple of months first though...
     
    Brady likes this.
  4. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

    Joined:
    31st May, 2016
    Posts:
    2,738
    Location:
    Australia
    Well done and well picked in Sydney and now Kallangur
     
  5. Michael Barnes

    Michael Barnes Active Member

    Joined:
    8th Mar, 2016
    Posts:
    27
    Location:
    Sydney
    Thanks @Property Twins. I've read a number of your posts sounds like you're killing it!
     
    Property Twins likes this.