Hi,
I am trying my hardest to gain all the knowledge I can about buying IP's, I have read 3 x Margaret Lomas books, Peter Spann, Steve Mcknight etc..., subscribe to API, read forums, search RE.com etc.., and now I am stuck for more info. There are so many courses out there that say they will give you the knowledge of how to find the next big thing, but they all seem as if they are selling their own agenda. I was seriously considering the Property School course run by Peter Koulizos, although I live in Sydney so it would be someone else. Has anybody done or know of anybody who has done this course to see if it is worthwhile.
I am ready to buy when I find the right property and even flew done to Adelaide to check it out after buying Hotspots from Terry Ryder. I narrowed it down to Elizabeth and Christies, but both areas, especially Elizabeth were selling practically before the agent even signed them up. Most of the houses I was shown had only come on the market that day and was then informed they had sold the next morning at asking price of $189000. Now it seems they are over $200000 and the rental returns are dropping.
I would like to know how to spot these areas before they heat up.
I am not afraid of paying for the right course but need to narrow down the field. Any Ides? (sorry for the long post)
I am trying my hardest to gain all the knowledge I can about buying IP's, I have read 3 x Margaret Lomas books, Peter Spann, Steve Mcknight etc..., subscribe to API, read forums, search RE.com etc.., and now I am stuck for more info. There are so many courses out there that say they will give you the knowledge of how to find the next big thing, but they all seem as if they are selling their own agenda. I was seriously considering the Property School course run by Peter Koulizos, although I live in Sydney so it would be someone else. Has anybody done or know of anybody who has done this course to see if it is worthwhile.
I am ready to buy when I find the right property and even flew done to Adelaide to check it out after buying Hotspots from Terry Ryder. I narrowed it down to Elizabeth and Christies, but both areas, especially Elizabeth were selling practically before the agent even signed them up. Most of the houses I was shown had only come on the market that day and was then informed they had sold the next morning at asking price of $189000. Now it seems they are over $200000 and the rental returns are dropping.
I would like to know how to spot these areas before they heat up.
I am not afraid of paying for the right course but need to narrow down the field. Any Ides? (sorry for the long post)