Forum Replies Created
Wow this thread is really growing! A little off topic now but keep it up guys.
@nigel Kibel – I totally agree that when you a putting down hundreds of thousands of dollars that due dilligence is very important and there are many people who just think its a good idea to invest so they go out and buy an "investment property"
@The Dark Knight – Sounds like your have really grown your portfolio, well done on that! Also, I would have to agree with Jamie M that you need a break.
@heinz57 – I've also struggled with this question myself, I've found it difficult to break into other areas especially ones which are far away because I don't know the particular market that well or it become difficult to drive there every weekend to learn more about the area. So I tend to keep coming back to the one that I know really well because I know immediately whether a property is worth buying or not.
@jimmy86 – To be honest, I've never actually sought financial advice but am doing fine without it. I think I would have to agree with the others that unless you have a financial planner who specialises in property and has their own property portfolio they are likely to not really understand.
@wilko1 – what you are saying is very true, I guess there were a lot more inefficiencies in the market when technology and resources weren't so readily accessible and comprehensive as it is today which makes it easy to get a hold of and quick. I guess that is part of evolving with the times but that doesn't mean there aren't still opportunities out there. On the other part I really do agree that there needs to be some sort of reform at the council level…
All, thanks for sharing your thoughts and comments on this topic. It has been quite insightful to see all the different issues with a combination of knowledge and soft skills.
@wilko1 – good point, you will only learn by making mistakes and grow from there. You sound quite experienced, I would like to know what your biggest issue these days are?
@fms – its great hear that you have a positive attitude towards property investing. But I'm with tummytucker and am also a little confused on your strategy.
@boughtwithequity – I hear you on the issue with lack of time, its always a struggle for me as well although this has cleared up a fair bit as of late. Also, having more demand than supply? That's an awesome "problem" to have. I'm sure if the numbers are there, you will find time to scale up.
@heinz57 – I'm not sure I understand what you mean here, are you able to clarify what you mean?
@jamie M – you are right, this analysis paralysis weakness applies throughout life. I need to keep this in mind when making decisions.
@chrisa1 – definitely agree with persistence it's difficult to keep persisting when there are so many other things to do
I'm sure there are many others out there who would benefit from this information.
For those who have yet to join in please feel free to comment.
Cool thanks guys, sounds like most of the time its a lack of knowledge to get going from your responses.
@tommytucker its great to hear that you were able to find the right advice to help you move forward.
@qlds007 great to hear there are people out there helping others in property investing
If there are any other viewpoints it would be great to hear!
Tatt,
I'm currently completing a development in the Western suburbs and I have been dealing some great people over at Village Real Estate – http://www.villagere.com.au/office-locations
They are based on Seddon but are likely to be able to help you out.
