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  • Profile photo of TezTez
    Member
    @tez
    Join Date: 2003
    Post Count: 2

    Hi argyle610,

    keep at it and you will start seeing more and more opportunities, read the book again and read between the lines, read more investment type info and you will see and learn more and more. I’ve been at this for only a few weeks and it’s amazing what I’m starting to see and discover.

    You do need to learn for yourself, others can’t realy “give” you, they can just show you the way and inspire you to keep looking.

    Don’t give up, keep educating yourself and you will find the way.

    Good luck. [;)]

    Profile photo of TezTez
    Member
    @tez
    Join Date: 2003
    Post Count: 2

    Hi all,

    I’m new to this game but I think it’s the buyers who THINK they’re investors that push the property prices up not the investors.

    They read or see an article, talk to a couple of friends over dinner and go out and buy a prperty thinking they have just become investors.

    They buy a property at any price, don’t do their sums, buy from the heart and lock themselves away for the next twenty five years. God help them when intrest rates start rising.

    I bought my first house in 1994 at 11.5% intrest, it was a rental and still is. I jumped on the bandwagon thinking I was an investor.

    It has taken me untill now to be able to look for my second property. I’m a little wiser this time around. I’ll be crunching the numbers like a proper investor not a buyer thinking he’s an investor.

    Don’t believe the hype, don’t believe everything you hear or read, do your sums, use a little common sence, shop wisely and there are bargains to be found every day no matter where you are.[;)]

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