Is it a good time to get into IP?

Hi Mohib,

Welcome to you and your wife – I hope being a member here, reading and contributing, will ease your path into property investing. Certainly there is a wealth of experience to draw upon, and none better than Steve himself. Are you in a position to take in either of his (very rare) seminars n Sydney and Melbourne this month? If you are, I would highly recommend making the effort. More than most others, I find Steve has a very entertaining yet thorough teaching style (much like his books – no big words, no fluff, just good ol’ commonsense!). He recently did an update where he touched on “which areas he saw will do better than others (at this time)”. I don’t know, but I imagine he will fit in a bit on that somewhere in the two days.

Also, do read this thread – https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/ – and look near the end of the second page for a post re “Is now a good time to buy property?”

I can’t help you with Spring Financial Group, as I don’t know the name.

But, with ANYONE (or any group) “guiding” you toward buying property, use this checklist:-
If they cold-called you, they have checked that you have lots of equity in your own home, are marketing only new property, they have their own band of merry men that they point you towards (solicitors, financiers, valuers, etc) and they offer to fly you somewhere to check out the properties….. RUN A MILE !!

Any group that keeps you from checking values of properties against other sources, push you to “sign up today or your children will never get to college”, and don’t want to let you leave without a signature, BEWARE !!!

Don’t become a victim of any group like that,
Benny

@mohi785 good luck and keep learning, the response above by @benny is a good one. A steve mcknight 2 day seminar would pay thousands in property education so if you can squeeze it in its worth it. Also avoiding the spruikers of new development stock is important as the wrong choice can cost tens of thousands and make the wealth journey many years longer than it needs to be. Keep learning you will get there!