I would get a basic hanging strop to start with. You will probably nick it while learning. Once you've got the hang of stropping you can upgrade and use the cheaper one for travel. For a razor, I would look here for a basic blade say around $35-$50. Those two items will start you off. Tony Miller is on vacation for another day or two, but I think you can get a strop from him for $30 or less. So you'll probably need about $65-$80 to start. Then next month or so you may want a finishing hone or pasted strop. I can't remember the costs on those.

Jordan