Originally posted by Greb
Who can I turn to as a mentor, preferably someone in South Australia, as I am about to purchase my first three investment properties and would prefer not to make a mistake. Heeeeeeelp - a slightly (?) confused and somewhat overwhelmed Greb.
G'Day Greb,
Way to go mate, I can see there is no sticking your big toe in to test the water temperature for you............Just jump straight in my friend. I think they call this sink or swim.
Anyway, this is your chosen modus operandi, let's hope that all sails smoothly.
You have obviously decided to save your pennies and have passed up the option of parting with them to attend the evangalistic real estate gurus seminars that are springing up on every corner, but instead you are using this hard earned as deposits on Investment Properties.
How dare you go it alone? How are these preachers of real estate phenomena going to maintain those lifestyles that are depicted on all those glossy brochures, I mean how enticing to the average punter would it be if the real estate guru God was leaning on the bonnet of a HQ Holden Kingswood, in all fairness Greb, have you no compassion? Do you only think of yourself?
But in actual fact, I believe that you are about to go on one of the steepest learning curves that you have ever encountered.
Granted, you will be no ARMCHAIR EXPERT, but a REAL life Investor, and as such you will deal with REAL problems, not hypothetical ones but on the other hand, you will receive REAL rental cheques and hopefully enjoy REAL capital growth and actually believe it or not, get REAL EXPERIENCE.
As for getting a mentor, do you really think you need one? Most people look to a Mentor as a catalyst for getting started, doesn't look like you need any help in this respect.
My friend, you are about to purchase NOT 1, but 3 investment properties, first up. Mate, methinks you should be doing some of the mentoring on here.
If it's the particular deals that are concerning you, then post them on here for discussion, I have seen people on this forum dissecting deals down to the finest detail for others and they do this for NO CHARGE, I know it's hard to believe, but mate, I see it all the time.
I have said it before as have countless others, this forum is an information extravaganza, but we all take it for granted, why??
because it's free, our minds just can't comprehend that anything that is free could really be of any value.
Stick around Greb and hold on, you are in for one hell of a ride.
regards