New Member in Syd

Discussion in 'Introductions' started by GreyGoat, 3rd Oct, 2017.

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  1. GreyGoat

    GreyGoat Member

    Joined:
    3rd Oct, 2017
    Posts:
    6
    Location:
    NSW
    Hi There all,

    I have been a long term reader from the ss days, have from time to time referenced these pages for information that I have needed answers on, also just read these pages for something to do!

    I am an Electrician providing services to western Sydney & I have been interested in property since I bought my first unit in western syd at 21yrs old back in 2008, I didn't really buy this with much education on property investment, I mainly bought because I had savings from working since I was about 17 yrs old and had an understanding that property was a good vehicle for wealth creation + receiving a home owners grant, it seemed like a good idea!

    Since those days of being a young lad on the town, I have purchased another unit and a PPOR - well actually all of these properties had a time where I resided in them as I didn't specifically purchase for them to be tenanted, initially I purchased them to live in and just didn't sell them when I moved elsewhere.

    I am now at a point where I would like to use some of this equity I have built to buy property for pure unemotional investment purposes hence me joining this forum to collaborate and connect with others - to plan my next steps on this journey, which I feel is just at the beginning of something great!

    Looking forward!

    MS
     
    Gockie and Jess Peletier like this.
  2. Corey Batt

    Corey Batt Well-Known Member

    Joined:
    14th Jun, 2015
    Posts:
    2,091
    Location:
    Adelaide, SA
    Welcome to the forums MS.

    You've been off to a good start and have a trade under your belt - perfect. I'm not sure if there's a reason for it, but I find a lot of my tradie clients are some of the most prolific investors.

    There's a fair few Sydney investors on here so you should be busy reading up on all of them for a while.
     
  3. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

    Joined:
    31st May, 2016
    Posts:
    2,738
    Location:
    Australia
    Hi @GreyGoat MS

    Welcome to PC.

    Good to see another Western Sydney-sider :)

    You would have done well from you Sydney properties over the last few years!
     
  4. Eric Wu

    Eric Wu Well-Known Member

    Joined:
    8th Oct, 2016
    Posts:
    1,603
    Location:
    Australia
    Welcome to PC @GreyGoat

    having properties in West Sydney in the past few years has put many investors in an excellent equity position ( which include myself). now it a good time to use the equity to expand your portfolio.