I am one your fans and have read your few books and almost all your columns. I am determined to become a property investor early next year as we are currently running a small shop in rural area. It will be me alone with 50-80k cash to start with and without any other assets for security purposes because my partner is very conservative of investing.
My question is this: Should I go to property investing full time straightway or should I acquire another business so that there is strong cash flow to support my property investing?
With the money you will have available you will find it hard to pay the everyday bills and invest at the same time. I suggest you find a job either part- or full-time that allows you maximum freedom to get about and learn all about the subject e.g. real estate salesperson, taxi driver etc.
Better still. as soon as possible get a good mentor like me to assist you to speed the process up.