You all seem extremely young (my husband and I are on the wrong side of 50). We’ve bought and sold houses over the years (usually because of transfers) and have only really gone into property investment this year. We’ve probably reached our limit with 4 units, a duplex, a house, a small mango farm, a 5 acre block plus our PPOR – all in regional Qld. We own our PPOR plus the 5 acre block and we’ve borrowed for the rest. We both have full-time jobs – I’d be bored if I didn’t work.
I wish we’d read some of the great investment books when we were in our 20s – we’d be in a far better position!
My advice is to get started as soon as you can and hold on to property for as long as you can.
Hi all
I’m 22, bought my first IP when I was 20, this has since allowed me to purchase number 2 and 3 – gotta love the capital growth!
Every ones says to me “if I had my time over I’d invest in property” – As I see it I’m having my time so why not get started ASAP!
By the way can someone please explain what PPOR stands for, thanks.
CheersPPOR = Primary Place of Residence
ie a house you own, that you live in.
Hi all,
I’m 23, bought my first at either 18 or 19 I think…then bought my 2nd one a few weeks ago.
It’s interesting to hear from everyone … [
]Hey all,
32 years of age and bought first PPOR at 21 yrs old and had first investment property at 24. Now have a few more.Enjoy
AD [:0)]
(Andrew)“Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved.”
You all seem extremely young (my husband and I are on the wrong side of 50). We’ve bought and sold houses over the years (usually because of transfers) and have only really gone into property investment this year. We’ve probably reached our limit with 4 units, a duplex, a house, a small mango farm, a 5 acre block plus our PPOR – all in regional Qld. We own our PPOR plus the 5 acre block and we’ve borrowed for the rest. We both have full-time jobs – I’d be bored if I didn’t work.I wish we’d read some of the great investment books when we were in our 20s – we’d be in a far better position!
My advice is to get started as soon as you can and hold on to property for as long as you can.
Hi,
I’m 29, bought a piece of waterfront land at 26, built a house over 2 years of weekends with my partner (!) and then used the equity to buy an IP 5 months ago.
Cheers [
]Im 21, no IPs as yet but next year I will have my first one.
Hi All,
I think I’m 25 at the moment. Bought the first two at 21, next two at 22, and another two at 23 – had them all (bar one on the water) sold by 24 to set up my own financial planning company – looking at more next year.
It’s never to late, and it’s very too early to do things right.
Hi
I am 25..bought my first IP at 22 ( actually 2 days before I turned 23!). Looking for more – probs next yr.
Started working while at uni…not a good thing for me…cus I screwed my edu pretty well…. However i am straighting things out…
29 – for a few more weeks anyway[
]Purchased all of property in the last year. Started later than I should have but making up for lost time
22 years old and loving it. Would have been good
though if I knew what I know now when I was 16 or
17. Like Budgeting and Investing.
BUT “NO REGRETS” at all.Just hit the slippery slope of 31
, feel 21 [:0)], look 18-ish [8D] (got asked for ID last week – cool!) and bought first PPOR last year after 10 years of poo-pooing property …. the foolishness of youth!Making up for lost time now I’m in the mortgage & property game plus start options trading Monday, very exciting!
[
]
MelWhere in QLD you from Melanie? Got asked for ID, I
have the opposite prob which i love, they never ask.Good to see Qld’ers amongst all these Mexicans…..
Enjoy
AD [:0)]
(Andrew)“Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved.”
Ay Amigos!
Good old Brisvegas, family from Burketown (try getting a loan there … not) to Clermont to Yatala.
[
]
MelNever ask a Grandma how old she is![
!]im 32
as far as looks go think george clooney, brad pit, johhny depp, steve macknight – then drink copius amounts of alcohol…….
then your starting to get the picture……
[]if kids are reading this – substitute alcohol with sherbert sticks
[
]Hey Mel
How much have you spent on plastic surgery?
Regards
I’m 27. First PROR at 25. Buying first IP by end of year. Can’t wait to catch up to a few of you.
nu gen
]
]
]
, feel 21 [:0)], look 18-ish [8D] (got asked for ID last week – cool!) and bought first PPOR last year after 10 years of poo-pooing property …. the foolishness of youth!
]
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