Hello all,
as a newbie who is after his first Good investment (I did some OK to bad ones already.. I would like to go back to basics and ask, probably the Million dollar question...
How do you choose where to buy? I know it varies for each strategy but I am very interested to know what is it that pulls you towards a specific place? is it some sort of rating/ past performance/ analysts opinions/ specific character (i.e. mining town etc.) /Crystal ball/ gut feeling?
I am still establishing my strategy but it very much depends on the amount required to be spent and that, of course depends on where I want to buy - sort of vicious circle that sees me reading this forum in the last three months, meeting some advisers, going to a 'Real estate Guru' lecture tomorrow (Dymphna Boholt, Melbourne) and really want to start moving rather than keep waiting...
Great forum which taught me a lot, thanks to all those who contribute - awesome source of knowledge.
Best regards,
Rafa
as a newbie who is after his first Good investment (I did some OK to bad ones already.. I would like to go back to basics and ask, probably the Million dollar question...
How do you choose where to buy? I know it varies for each strategy but I am very interested to know what is it that pulls you towards a specific place? is it some sort of rating/ past performance/ analysts opinions/ specific character (i.e. mining town etc.) /Crystal ball/ gut feeling?
I am still establishing my strategy but it very much depends on the amount required to be spent and that, of course depends on where I want to buy - sort of vicious circle that sees me reading this forum in the last three months, meeting some advisers, going to a 'Real estate Guru' lecture tomorrow (Dymphna Boholt, Melbourne) and really want to start moving rather than keep waiting...
Great forum which taught me a lot, thanks to all those who contribute - awesome source of knowledge.
Best regards,
Rafa