All Topics / Help Needed! / first time user

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  • Profile photo of kandmkandm
    Member
    @kandm
    Join Date: 2005
    Post Count: 1

    I have read Steves book 0 to 130 properties and have funds to start doing it , but unsure where to start. Thought i might buy land and biuld new house and on sell, but does not appear to be enough profit after all costs are taken into account. i have 200k to spend and need to take into account i am an invalid pensioner, so i need to be cautious until i build up a portfolio .
    can anyone help me?

    Profile photo of byronent_2byronent_2
    Participant
    @byronent_2
    Join Date: 2004
    Post Count: 337

    I would strongly suggest you think about this.

    YOu will lose your pension if you make too much money.

    I am sure it was hard work to get on the pension and have access too 200k.

    My advice, get a good financial planner and accountant, one that can hide assets if you do want to grow your portfolio.

    Byronent
    Adelaide SA

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