[ Chapter 10 'Time - Not Timing' was a god send, the opening paragraphs is what we continue to try to remember.
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Yes, this forum and Jan's book give me indeep knowledge of property investment. However, I completely disregard this important argument: "Time - Not Timing", in my own strategy.
Time in the market is used for most of investors (ma and dad). You can be a Millionaire within 10 year with this strategy.
However, if you want to be a millionaire within 2 to 5 years., you must time the market perperly. For example, 3 years ago, I start to buy my first property. I could buy in Blacktown or Ermington. At that moment, Blacktown's market was dead and Ermington is moving. I got into Ermington first. Within 2 years after that, I have enough equity from my growed IPs to buy 4 properties in Blacktown where is booming 20% this year and last year, keep up and up. Do you see the point? If I don't time the market property, I can't hold so many IPs.
There is more examples in Ocean View's message and read through his messages. You can be a millionaire within one year in his way - land lover.
Please read Jan's book and practice it in a creative way.
I also don't like Jan's book that buying Units should be the same as buying houses, and so on.