My name is nathan & i live in wollongong NSW. I have actively been searching for prperties to invest into, but to date, have been unsuccessful. Unfortunately i am not lucky enough to have someone help guide me through the process of finding, financing & looking for more to invest in. Having read MANY real estate books, dolf de roos, steve mcnight etc.., i feel that ireally need a physical mentor to possibly sit down with me & give me advice & tips that i can practically use. Does anyone have any advice, or live in the general area that could help me to work my way through it. Unfortunately my family is getting bored of my constant talking about real estate!! & i could really benefit if i could communicate with others that are genuinely interested in real estate on a regular basis (almost like being at TAFE & doing real estate assignments etc..)
If anyone has any ideas i would love to hear from you!
maybe some of you should start a mentoring group and mentor eachother. Like having buddies to be accountable to. set eachother goals,etc. It’s amazing how between a group of you, you might have the answer, even though none of you might be experts on your own.
just a thought.
cheers-
mini
BTW I can relate to your family being bored stupid by it, my BF is a bit over my pbsession with RE and wishes it would go away, actually!
Even though he’s been the most supportive in the world, and helped me do two renos! (maybe *that’s* why he’s over it, *grin*!)
that’s why late at night and when he is at work/uni is when I concentrate on it! and go nuts!
The next meeting is on Thursday 11/12/03. There will be an interesting topics to discuss ie. Trust, balance sheet, Statement of Goals, Cash Flow Statement. Check out ‘Heads Up’ for more details.
Kind regards
Chandara [Keep going, you’re nearly reach the end of financial freedom]
You don’t need to look for mentors (leaders). I am sure that your experience in life and your willingness to get into RE investing gives you many skills etc :o) You can meet up with other people with similar interests. The notion of “mentoring” is a bit patronising, I reckon. I have no doubt you could meet up with people with skills, such as Tom spillane, and together, you can discuss RE until the cows come home!!
And MiniMog- yes, let’s do coffee We can be the “3 IP’ers”. hehe. I live in chippendale. Nathan, please feel free to hang out with us and discuss RE, but I have nothing to teach really. I spend too much of my life learning to teach. But mini knows a thing or two about stuff [] so she might be of more use
“The notion of “mentoring” is a bit patronising, I reckon. “
I so agree!! Um, no I don’t actually, what do i mean? I just mean – unless you’re well qualified.
A mentor to me is someone like Steve. Someone with 100 times the experience I’ve got and then some.
Sharing information and helping eachother is something different, people on the journey at roughly the same point can do a lot in the absence of a ‘real’ mentor.
kay, you are so on for coffee. i am going on holidays overseas for a month so how about in the new year? I am in Paddington so nice and close.
Re mentoring, I guess I feel I learn technical information from a number of sources- from here, other forums, from books, newspaper articles, RE agents, banks, IP’ing friends… so many people! But to me, that’s all a part of “research”. So that’s the technical bit. In terms of perspectives, I like to work stuff out for myself. Read as much as I can, and then analyse what seems right for me. I really need that independence. It doesn’t mean I don’t agree, of course, with much of what others say. It just means I think even mentors can be full of it :o)
I do agree with you also kay, as i prefer to work things out for myself usually, it gives me increased satisfaction in knowing that i conquered something! I guess i just need a kick in the backside to get motivated! Geez, dont i wish i knew then (2 years ago before the boom) what i know now. Probably would have a few more $$ to my name. Anyways, it creates a bigger challenge for me to conquer! Wahoo! Thanks again for your advice guys.
I’m off to Wollongong today actually, to sign a mortgage contract for a place I bought in Qld. f you’d like to catch up one day for a coffee or something (I ain’t no mentor, but I’m a bit in love with real estate and I do love coffee!) please feel free to contact me on [email protected]
Cool, sounds good. Will look to having a coffee in the new year maybe? Hope you enjoy your visit to the Gong, very busy today here with all Xmas craziness!!
Do you mind me asking how old you are? I noticed that you said your bf is in uni, so im guessing your early 20’s, I thought you would be much older you seem to know so much!! (btw im 21)
‘There is only one success – to be able to spend your life in your own way.’
I was amazed to see the low number of people who attended a recent meeting at Five Dock (which I attended).
I would have thought that with so many people frequenting this website and so many people living in Sydney there would be more than just a handful.
It means that a lot of people are sitting on the fence theorising and dreaming whilst writing posts but not really being serious enough about the subject to get motivated enough to hop into the car and invest a couple of hours.
(Is the reason it isn’t valued perhaps because it is free ?)
I travel once a month from Sydney to Maitland to attend a small gathering of four people.
I certainly don’t need any mentoring or, for that matter, someone to hold my hand but I do nevertheless get some benefit from talking to others.