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Young (prospective) Investor yearning for info!

Discussion in 'Introductions' started by JakeB, 8th Jun, 2016.

  1. JakeB

    JakeB New Member

    Joined:
    8th Jun, 2016
    Posts:
    1
    Location:
    Melbourne
    Hi there,

    I recently came across Somersoft whilst doing some DD on a mentoring service (which I have decided not to proceed with) and now subsequently PropertyChat. Being in my 20s, I have had little to no exposure to property markets thus far but am extremely keen to get started!

    There seems to be such an abundance of information on this site that I'm unsure where to start (especially RE: strategies and financial options) and was wondering whether I could be guided to some great books/posts that could shed some light on some very introductory methods.

    Looking forward to hearing some responses!

    Thanks!
     
  2. Xenia

    Xenia Adelaide Property Manager Business Member

    Joined:
    21st Jun, 2015
    Posts:
    2,347
    Location:
    4/136 The Parade Norwood, South Australia
    Hi Jake
    Ask some questions. Lots of knowledge and guidance on here.
    What are some things you need clarified?
     
  3. Hodor

    Hodor Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    745
    Location:
    Homeless
    Welcome, speaking with a broker (plenty on this site) will give you an idea of how things are financed and what you can afford, knowing this might help narrow down your strategy.

    I found the most helpful thing was checking the forum regularly to get ideas of what others are doing and find an approach that worked with my goals, thought processes and means.

    That just reminded me, work out your goal, ie why do you want to invest in property? This will also help you find direction.

    Good luck and keep us posted on your progress
     
  4. Jess Peletier

    Jess Peletier Mortgage Broker - Australia Wide Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,781
    Location:
    Perth WA
    Welcome Jake - it's great you've arrived here at the beginning of your investing life. Ask lots of questions and enjoy! :)
     
  5. bob shovel

    bob shovel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,385
    Location:
    Somewhere in the land of Oz
    Hi James

    Read, read, read, read and then when it still doesn't make sense read some more! Oh and ask questions :D

    I found the magazines a good start as you can hold it in your hand plus see a variety of info. Then narrow your search down online to what you want to know more about. You'll see regular things mentioned and it will start making more sense.

    Good luck!
     
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  6. peastman

    peastman Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    120
    Location:
    Melbourne
    Hi @JakeB
    Welcome to the forum.
    If you are interested in getting to know some of us a bit better, we regularly have a bit of a get together.
    Melbourne East group meets on the 2nd tuesday each month at a suburban pub, the next one will be on 14th June at 7PM
    Grandview Hotel Bistro
    429 Heidelberg Rd, Fairfield (Cnr Station St.)
    Fairfield, VIC,
    Booked under "Property Chat"

    Melbourne West meet at different times.
    Full details are posted here Networking & Meetups

    There is no cost (other than optional meal or drink) and no agenda, just come along and chat to other property people.