Is this forum making you feel inadequate?
- Thread starter spludgey
- Start date
It was great help to me, enabled me to continue investing further after some long break. Helped to reinforce also why am I doing this and provided mentors online for personal or investing development....
Vast amount of knowledge at your fingertips!
Yes, dont compare its not healthy, just be persistant, your goal is what is important
We are all at different stages of our personal journey. Accept where your at and make a start, even if its saving $50/week for you first property deposit. Think of ways to increase your income and decrease expenses.
To by 1 or 10 IPs in a year isnt hard if you have a 15 year old trail book and making 200k in upfronts a year on top of it (example only) which was conveniently not mentioned
Again, quoted for truth!!!
Exactly this! Hahaha, well put.
Thanks. Nothing noteworthy really. Had some equity in the PPOR and started buying cheap properties with a decent yield. Then bought cheaper run down ones and did a few reno's to make them CF+ from day one. Rinse, repeat.
Feeling a bit lazy as I haven't done anything in 2 years, but have happily taken the great increase in equity that the boom prices in Sydney have given me.
It's never too late.
I agree with others; I find it empowering mostly. I really value this community (to me Somersoft is so much more than an 'online forum' but a real genuine community). From a practical standpoint the biggest value to me is the suburb-level due diligence insights I can glean, that go beyond the standard DD I do online and walking around a suburb. Its the little quirky nuggets of info on a suburb that you didn't even think of.
One such example is this: nowhere in any online or walling research would you think of 'bird poo' as being a problem for a property purchase! But in one area (and I find this really funny!) Bird poo is wreaking havoc on decks and balconies (which are hugely coonplacr in this particular suburb due to the incredible views that all houses want to take an advantage on). Yep, SS taught me to think about bird poo as a factor in property lol.
This is one of dozens of insights that have helped me over the years. Love this place!
One such example is this: nowhere in any online or walling research would you think of 'bird poo' as being a problem for a property purchase! But in one area (and I find this really funny!) Bird poo is wreaking havoc on decks and balconies (which are hugely coonplacr in this particular suburb due to the incredible views that all houses want to take an advantage on). Yep, SS taught me to think about bird poo as a factor in property lol.
This is one of dozens of insights that have helped me over the years. Love this place!
On that note - decks with glass panels (we have both a pool fence and balcony deck which are glass panels) are a hazard for birds flying into them and killing themselves.
It is advisable to not keep the glass panels too clean so the birds can see them.
When we first moved into our place, we were getting about one a week for a few months, and then they stopped - dirty glass.
Hence; we hardly ever give them a really good clean - just a quick hose and wipe down. Still look clean, but safe for birds.
Haven't had a dead one in over 2 years now.
+1 made me feel so far behind
But the forum has also given me plenty of knowledge and a desire to take action.
+1 made me feel so far behind
But the forum has also given me plenty of knowledge and a desire to take action.
Remember that everyone is at a different stage of the "Journey". Just keep on track.
