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I have been reading Steve' s book, magazines etc but I get nervous when I start looking at the property market. Is it a good buy and all the nagging doubts.
How do you overcome those doubts and worries.
I feel that I have read heaps but an still scared to take the first step and will it be the right property.
Any tips ?
MillionairessHi M,
Welcome to the forums! Great to see your question. I bet a lot of people feel like you do but just don't say anything.
I've done one development and felt nervous and worried the whole way through it (there were many tough challenges)! I think there just came a point where I had to 'jump in'. I made a couple of mistakes that effected the bottom line (relating to how I structured the project) but thankfully I still came out in front.
Do you know what your goals are? ie life goals, investing goals. I'd look at these first. Then I would choose a strategy to move forward. From your post its not clear if you've done that. If you know the way you want to go put it in your next post and I'm sure there'll be people able to give you some good tips on where to go. Once you are more focused on a strategy that may help you not be so overwhelmed. But I think you will always have a level of angst when doing your first project.
I'd be really interested to hear from others what there thoughts may be.
Regards
Andrew
itsandrew
Go as far as you can see and you will see further.
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