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ok. what do you believe is the average time frame between joining somersoft and acquiring resi IP?
At least 12mths before you
Good to see that you have been playing close attention to what everyone has been saying. I think you are getting closer just by the sounds of your confidence in your ability to pick something.
In the thread that this was split from, I'm sure you asked about the time between joining the forum and buying a "commercial" property, but the word "commercial" has been left off this thread (unless I read it wrong).
It does make a bit of a difference to what sort of answers you will get.
It took me four years of searching before I purchased my PPOR. I knew the sale prices and sales history of every house on about ten streets in the area I wanted to purchase. So I suspect that the IP will take a similar time frame?
Feel free to answer about commercial properties as well.Geoffw replied to my question on time to buying commercial IP - that most readers in this forum may not buy commercial ip.
In response, I asked about time to buying resi IP and thats when he commenced this thread with my latter question.
Around negative 10 years in my case.