All Topics / The Treasure Chest / Sydney – Accountants/Solicitors & Potential Areas

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  • Profile photo of KennyCKennyC
    Member
    @kennyc
    Join Date: 2003
    Post Count: 17
    August 8, 2003 - 10:06 am

    Hi all, my name is Ken! My hometown is Sydney. I am new to property investing and I have done a lot of reasearch in the past year on wealth creating strategies. And I am now eager to get out into the real world and make a start on my journey to financial freedom.

    I would like to know if you know competent accountants and solicitors that have experience and thorough knowledge in postive cashflow property investing and small business that can be apart of my team.

    I would also like to know if there are any recommendations of potential suburbs that I may have a chance of finding positive cashflow property. And it would be great to let me know if there is anyone selling such properties! =)

    Thank you all! =)

    Profile photo of dennisdennis
    Member
    @dennis
    Join Date: 2003
    Post Count: 22
    August 8, 2003 - 10:23 am

    Kenny, it’s reassuring to get other opinions, but in the long run it’s your decision. You can’t buy that expertise. Accountants and solicitors have biased opinions, it’s your guts that counts.[:)]

    Profile photo of KennyCKennyC
    Member
    @kennyc
    Join Date: 2003
    Post Count: 17
    August 8, 2003 - 10:48 am

    Hi Dennis!

    Thank you for your reply. Yes I totally agree with you. I would just like to tell you what I have done and the progress I have achieved up to this point:

    I have done a lot of research and have had some experience in this area. I have drove areas within Sydney and have talked to numerous real estate agents. However, the most common response that I found with many real estate agents is:
    “It is IMPOSSIBLE to find what you are looking for in this area!” Even though I haven’t found the properties that I have been looking for I believe that it is possible to find such properties anywhere, all you need is dedication and the willpower to look.

    I have also met with a couple of accountants. However, and all of them so far have no passive income from investment property. I am searching for accountants with some experience in property investing, and create a long temr relationship with them hopefully.

    On monday I am meeting with a solicitor in Sydney CBD to discuss issues regarding asset protection mainly, and any other information that may be useful relating to property investing.

    I hope that everyone becomes sucessful in investing in property, and would also like to hear people’s experiences! =)

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