All Forum Posts by: Brendan Clake

Scott, I'll definitely check out the beginners guide you recommended to me, thankyou for that. 

My main goal is to be financially independent and able to live off of income generated through rental properties, My ultimate goal would be to be financially free at the age of 30

I just find it hard to see how it's possible to take out a loan on a house, rent it out, and have all expenses paid, plus a profit at the end of the week...here in Australia it would seem bizzare to charge over $500 a week in rent (which is what a principle and interest mortgage repayment plan could easily Surpass on a weekly payment option)

Thanks in advance

wow thankyou so much for the in depth reply Scott, I've written the quote down and set it as my wallpaper on my phone so it's the first thing I see every day to keep me motivated, I've also just grabbed myself a copy of the intelligent investor (warren buffets most highly recommended books) I hope to learn a lot in the near future...

JT.R, yes I intend on going to university to do a bachelors degree in either economics or commerce (accounting major) after I graduate from high school... I want to attend investing seminars also to help expand my knowledge before I start to make investments.

Thankyou for taking the time to reply! :)

Hey all, my name is Brendan and I am 17 years old. I have been interested in real estate investing for quite some time now but as I am only 17 I haven't had the opportunity to get out in the field and try it out. I have been trying to educate myself about real estate through online web seminars, YouTube videos, and web articles but I haven't had a great deal of luck.

Since I was 14 years old I have been hooked on the idea of living a life off of passive income and not having to stress about paying bills each month. It truly seems like a fantasy but I believe with hard work and dedication I can make it happen, I just need to educate myself about how to create a positive cashflow through real estate investing, that's why I have come here.

I know it probably says I live in Riverdale Michigan, but infact I live in Australia, as there was no option for Australian cities I had to put something else. 

I am looking for people with experience in the field of real estate investing who can add to this thread and help me further expand my knowledge in real estate. Thankyou in advanced to the people who choose to read this and leave a comment, it is greatly appreciated.

-Brendan