Hi everyone,
I’m interested in your prefered methods of researching your deals.
I know this is a very broad topic, but I’d like to know what you have found to be most effective for you and what tends to give you the best information for the deals you do for due diligence.
Thanks.
GeorgiaI dont know if i have a preferred method, i tend to talk to alot of agents, other people as well as searching media reports and leg work, i used to worry about questions that may seem irrelevant but at the end of the day its my time and energy that Im using to satisfy myself about a particular property
The more Im out there the better and more confident i get
This week Im approaching someone for their ideas on criteria and strategy, hes a busy man but nothing ventured nothing gained, perhaps he’ll appreciate my initiative, only one way to find out
good luck
HJ
Did you mean the source from where people can get information?
If that;s the case, it depends on what info you’re looking for, may just go to Valuer General office for sales records or Transport department to check out the transportation etc.Just some newbiee opinions!
From FUN
Hi Georgia
If you arer researching a market, I start with the internet and then travel to the location. I have normally narrowed down the areas that I wish to study. I then talk to as many agents locals as I can find. I will then look at every thing I can find both for sale and rent. Once I understand the market I assess which property is the best if any.There are no shortcuts. Its not hard you just need to be focused.
Nigel Kibel
http://www.propertyknowhow.com.au
Australian and New Zealand Buyers advocate
service and seminarsNigel Kibel | Property Know How
http://propertyknowhow.com.au
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We’ve compiled resources for Queensland investors.
In particular, you could use the Residential Tenancies Authority median rental data to help with your decisions.
See: http://www.plproperty.com.au/queensland_property_links.html
Luke Woollard
Licensee
Pacific Lifestyle Property
http://www.plproperty.com.aucomments made are general information only. you should seek professional advice for your particular circumstances.
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