@albro – I have heard and watched John Lindeman in seminars and webinars but haven’t really had experience in using any of his content.
The problem I found personally was that I couldn’t really understand how his predictions worked. It is hard to make investments when you don’t understand how the process works so it is like blindly following something.
Now, that’s just me and my experience with it all.
After studying with Steve I am very confident in my own abilities to analyse and pick suburbs based on your financial goals.
The entire context of the “right suburb” for you is only makes sense if it facilitates progress towards achieving your financial goals.
Once you know how to set goals and learn how to do it yourself it is more powerful than anyone else’s predictions and proposed science.
Learning how to analyse, buy, manage and sell in context to you and your personal goals is the secret. Once you learn how to for yourself , you are empowered to go again and again and again.
Great advice thank you ! I wanted to ask though wouldn’t the abundance of land that will be released post the initial stages stunt the growth in the property?
Ideally the property grows at a steady rate for the 10 years plus and buying a house and land package to build in a new estate has a high risk of stagnating growth compared to if you researched and built in a well chosen area that is already established
Depends on the area of course the estate is being built and if you can get it at a good price
I don’t know much I am just asking if my thinking is on the right path
The numbers you used in the example do put it into perspective – manufactured growth/equity and then repeat the process in a quicker time frame compared to waiting for growth to take place and then revaluing the property for equity release to use as a deposit. All while aiming for a positive cash flow
You have given me much to consider – again thank you so much
Wow reading this post gave me goose bumps because it is like reading my own story in many ways :)
I too am 32 (turned 32 the day after this post was made) and am looking to aggressively acquire property as well in the next few years
The more I read and gather knowledge, I quickly figured out I had to set my strategy in concrete.
Based on what I know now, (which is still very little because the more you learn the more there is to learn!) I am looking at pursuing an Income strategy as opposed to growth one to kick things off.
I have held off making my move until after I attend Steve’s seminar in Melbourne in March because I want to invest more in my education. After many hours of research, a lot of what I learnt is taking me towards Steve’s Apprentice course on offer here. I will make a decision post the seminar , which btw I am looking forward to !
I honestly don’t have any advice to offer because I am a beginner.
I will say though your criteria almost exactly mirrors mine. The location depends on your strategy. I could be wrong, however based on what I have gathered, Geelong is a future growth cluster for health services and therefore a strategy for providing affordable retirement housing in Geelong is what I would look into if I were investing in that area. I don’t have anywhere near the required capital for that atm , again I am a rookie and this might not be accurate however I do feel with an ageing economy the opportunity might lie in the affordable age care market for Geelong.
Feel free to PM me and tell me off if this info is wrong too lol Always looking to learn
All the very best with your investment journey Mick, wishing you a prosperous and happy future !!
Kind Regards,
Shehan
This reply was modified 6 years, 11 months ago by Shehan Tambi.
This reply was modified 6 years, 11 months ago by Shehan Tambi.
This reply was modified 6 years, 11 months ago by Shehan Tambi.
I couldn’t have asked for more from a reply to a post
The real numbers and experience is what I was after on top of the education from the experienced investors and I cannot thank you enough for your honest and detail information
Thank you so much for the time you took to reply to me with that detail and appreciate the recommendations !