How much money do you need to start your property journey?

Dominique Grubisa
Dominique Grubisa

Published 2:09 am 18 Apr 2019

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How much money do you need to start your property journey? DG Institute Founder and CEO, Dominique Grubisa explains how you can start your journey right here and right now with no money at all but if you do have money – how you can put it to the best possible use and how to find money for property in places that you never ever dreamed of.

When speaking around the country on all my property tours, the most common question and blockage that people have embarking on the property journey is ‘where do I find the money to start out’. I’ve been in that position myself. I started out with nothing. We all start out in property with nothing.

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Most people believe that they have to save up their 20% deposit or more for years and years and years, and then they sit on the sidelines and they watch the market going higher and higher and higher and they can never ever find the right time to get in. If you’d like to learn more about how you can invest in property with no money read it here.

The right time to embark on your property journey is now. There’s no good or bad time, there’s just now. You do what you can with what you have right now.

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If money is an issue for you, get very, very strategic about overcoming that. How can you do that? Not by waving a magic wand and getting money out of thin air, rather finding ways for the market to pay you.

Money comes when you add value. So if you don’t have the money yourself, how can you add value when it comes to property? If you’ve got time, if you’ve got resources, and you’ve got knowledge, or you’ve got the time to gain the knowledge to start your property journey, the money will come. People will pay or partner with you for a deal that you find for them. And you can do that by just having time and having knowledge around property.

So get strategic about what you do have instead of worrying about what you don’t have. Chances are, you probably do have money that you haven’t actually thought about tapping into. So if you had some knowledge and if you had a desire to start your property journey, you probably would have people around you that will partner with you. Other family members, maybe you’ve got personal things that you can sell to gain the money that you need if it’s something that you’re passionate about or you could plug into a community of people who are time poor and who are prepared to invest with you. Maybe you’ve got super, there are ways of using your superannuation to grow property. At the end of the day, if you’ve exhausted all avenues, and you really don’t have any money at all, but this is something that you really really want to do, then make a commitment to gain the knowledge that you need. The money will then follow you.

Many people started out in property, and I mean real Australians like you, with absolutely no money. What did they do? They found a property deal. They identified an opportunity. They used their time and other skills to negotiate a really good price for that property and then they focused on selling that deal, getting money partners to come in from that deal, or on selling the actual deal, packaged up to someone else who would pay them a fee for actually putting that all together.

The fact is that not having money is really just an excuse. Treat it like that. Say, okay, it is what it is. I don’t have the money, but what do I have? If you adopt that glass half full approach, guaranteed, the money will come. That’s why I created the DG Institute, a place for like-minded people to gain knowledge and to partner with each other, for those who are time-poor to be able to put money in deals, and for those who had the willingness to gain the knowledge and the time to identify property deals for profit to partner with money partners.

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Lawyer, Asset Protection Specialist and Property Educator

Dominique Grubisa is a practicing lawyer with over 25 years experience. She is a property investor and developer, an entrepreneur with businesses in Australia and Southeast Asia, a speaker, educator, writer and published author.

This column has been written for general information purposes only. It is not intended as legal, financial or investment advice and should not be construed or relied on as such.

About DG Institute

Founded in 2009, DG Institute strives to empower everyday Australians to grow and protect their wealth. Our goal is to provide direction, motivation and inspiration to our clients and help them perform at their very best. We do that through our professional services, in addition to teaching them how to grow their wealth through property and business education.

This column has been written for general information purposes only. It is not intended as legal, financial or investment advice and should not be construed or relied on as such.

Our Happy Clients

  • Lisa Mitchell

    "My name’s Lisa Mitchell. I live in Chatswood in Sydney. Since joining the Elite Mentoring Program. I’ve done two deals made around $240,000. And probably when I add the extra rental that’s coming, it’s another $70,000. I could not be happier with that result. And I’m amazed by it, to be honest, I’m absolutely amazed. […]"

    Lisa Mitchell, Property Uplift Elite Mentoring Graduate

  • Jennine Kimbal

    "Janine Kimball from Newcastle since joining DG Institute we have two projects currently in progress with a gross realization value of about 10 and a half million dollars expected profit from those is going to be probably around $1.8 million when they complete the reason we joined DG Institute and the Elite Mentoring Program, was […]"

    Jennine Kimbal, Property Uplift Elite Mentoring Graduate

  • Michael Kuligowski

    "Hi, my name’s Michael, and I’m from New South Wales. Since joining the Elite Mentoring, we’ve been able to secure three properties. Well, under market value, both in inner Sydney, New South Wales, also regional new South Wales and one in Victoria by, undertaking, this program, we’ve definitely benefited, and we can see that we’re […]"

    Michael Kuligowski, Elite Mentoring Graduate (Property Uplift & Real Estate Rescue)

  • Sharon Harvey

    "Hi, I’m Sharon Harvey. I’m from South Australia. I joined the Elite Program because I was looking for something more in property and I was looking for more education and somebody who would inspire me and Dominique was that person. I listened to her talk and realize that there was a great synergy between us. […]"

    Sharon Harvey, Property Uplift Elite Mentoring Graduate

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