First investment property 2013
- Thread starter Amber14
- Start date
Hi Andrew
Thank you, I have done lots of reading, but am truly in analysis, paralysis stage.
I am torn between doing a structured course and coughing up $5000 or using that money with the money I have saved and just jumping in with the little I know!
Do any investors see a property advisor to do the big picture planning for them for the next 40 years or is that overkill?
Thank you, I have done lots of reading, but am truly in analysis, paralysis stage.
I am torn between doing a structured course and coughing up $5000 or using that money with the money I have saved and just jumping in with the little I know!
Do any investors see a property advisor to do the big picture planning for them for the next 40 years or is that overkill?
Hi there Amber
it is interesting that you talk about seeing a property advisor - I think most people would appreciate having a mentor who could talk them through the ins and outs of property
when you talk about the big picture - I do think you need to consider your long term goals
Myself and my husband are probably at a further end down the track - we are now considering "what next" given the retirement age is not that far away
As for courses, I have done them and suggest if you want to do a course - look to see if you can find a 2nd hand course available on ebay or do as has been suggested - review some of the reading material at the library and of course read the information on Somersoft - tis very helpful indeed
it is interesting that you talk about seeing a property advisor - I think most people would appreciate having a mentor who could talk them through the ins and outs of property
when you talk about the big picture - I do think you need to consider your long term goals
Myself and my husband are probably at a further end down the track - we are now considering "what next" given the retirement age is not that far away
As for courses, I have done them and suggest if you want to do a course - look to see if you can find a 2nd hand course available on ebay or do as has been suggested - review some of the reading material at the library and of course read the information on Somersoft - tis very helpful indeed
Welcome.
Id suggest visiting your local library first, and or spending some time on here and get an idea on what you want to get out of a potential course, ie. what dont you know? At the moment, you know you dont know much, which is a great place to start. Before jumping into a paid course, Id do enough research that you know what it is that you dont know. ie, you know what structure to buy in, what sort of properties (cashflow positive, negative etc).
Another good place to start is the regular meet ups somersoft people do face to face....
Id suggest visiting your local library first, and or spending some time on here and get an idea on what you want to get out of a potential course, ie. what dont you know? At the moment, you know you dont know much, which is a great place to start. Before jumping into a paid course, Id do enough research that you know what it is that you dont know. ie, you know what structure to buy in, what sort of properties (cashflow positive, negative etc).
Another good place to start is the regular meet ups somersoft people do face to face....
In terms of current market updates combined with education I think the property resource shop is excellent.
http://propertyresourceshop.com/
It's $297 for the year and you get to watch all of the Brisbane and coast meetings which are recorded to video/audio. Not free but I would say if you are looking to build a knowledge base it would be money very well spent.
http://propertyresourceshop.com/
It's $297 for the year and you get to watch all of the Brisbane and coast meetings which are recorded to video/audio. Not free but I would say if you are looking to build a knowledge base it would be money very well spent.
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