Hey guys

Hey everybody, I'm Jay. I'm 22 years old and just got approved for my 3rd investment property. Well, I have two and third one is a appoval to develop and construct a granny flat.
Hoping to find ways to meet and greet people and further my knowledge with investments.

 

Hey Jay

Welcome aboard.

Congrats on achieving so much at a young age.

You've found the right place! Stick around - ask questions and respond where you can.

Cheers

Jamie

 

very sharp!

 

Thanks for the question Wylie
I failed my HSC, and didn't want to go into uni, so decided to go into the workforce and try to become a investor for the sole purpose of making money work for me instead of me working for money.
Mum and dad said k can continue living at home aslong as I save for a house.
I'm living on $250 a week and saving the rest.
took me two years, (18-20) to save 42k for my first house.
I've had a team helping me along the way, my mortgage broker, lawyer and accounted all paid through myself, however my dad helped me find my team.
I used equity from my first house to purchase my second, but continued with my saving strategies

 

My dad runs his own family business, but has not got IP's as of yet. Dad had a broad idea when I first started and knows houses if done right can bring you a good passive return, but I needed to further educate myself.
Reading all the rich dad poor dads and several other property guide books to give me a insight. I then started looking at areas whilst I was saving so that I had a idea of prices and so if I come across a price to good to be true I would know it is. Familiarising areas was a big part of my process.

 

Welcome aboard!

 

Haven't you read all the articles of how young people will never be able to afford to buy a house? Some people just don't listen to reason and "facts".

Seriously though, well done. Looking forward to hearing more of what you get up to.

 

I find myself listening to it all, and taking it all in, then I choose to do what I believe I can do and what I want to achieve. Putting things into action is the hardest but most rewarding part

 

Wow, you're off to a flying start @Jay sharpe. Are you working towards a specific goal?

I can only imagine what your portfolio will look like when you hit 30 years old.

 

Well done and welcome !!

 

Nice work mate, you should be proud of yourself.

 

Nice mate.

Welcome.

 

Velcome aboard the gravy train Jay.

 

If you keep going along the trajectory your on now and continue to learn, network and improve, by the time your 30-35 you'll most probably be more financially successful with a lot more options than many of those who scored in the top 5% of your HSC nationwide.

But you gotta make sure your work income now is secure and try to increase it as much as possible. Well done mate.

 

Long term goal, just to be financially free with my main expenses, from there I haven't planned, thinking maybe opening up a business

 

Thanks heaps Leo, really appreciate it, this first time I've been on a property networking site, is awesome to see

 

Gday Jay, welcome aboard.
Sounds like you're off to a good start, well done.

 

Very refreshing introduction.

You'll do well and the forum will appreciate your positive contributions

Great though process.