Starting out

Hello people,

I'm also starting out in this Real Estate investment world. I first started by reading some Robert Kiyosaki's books, which I am still doing. I am also planning to read the '0-130 …' book by Steve Micknight. I attended to a seminar by Ironfish in which in got very helpful information. And these is my first question:

1.  Has anyone requested the services of Ironfish or similar companies to buy at least the 1st investment property? They seem to have valuable information of new property developments, which I find like a good added value. My partner and I are not only migrants but also we're not sure about how to find properties by ourselves. I keep reading though, and I have understood a buch of stuff already.

2.  What do experts have to say about mentoring programs? I recently requested information about those offered by helen collier-kogtevs and also Steve Mcknight. I just found out out that Custodian also have an education program. Has anyone attended to those programs? In the mean time I keep educating myself by reading and we keep saving money to give the 1st step hopefully next year.

Cheers

Alex

Garry,

Thanks very much for your opinion. It's Very helful ! I'm more than happy to keep attending to seminars here in Adelaide, and keep reading at the moment. I already had in my 'must-read' list the book you suggested. Thanks for that. I am also starting to make my research about Mortgage Brokers and Tax Accountants. I believe the main goal (financial independance worth it).

Can you tell us a little bit about your experience in the Real Estate world? if you don't mind

Cheers

Alex

Hi Alex
You are most welcome. My experience in real estate began many years ago with a disaster…my wife and I were ‘ripped-off’ by property “marketeers” in Queensland (we should have known better).

When we attempted to take legal action, unfortunately we found out that these “marketeers” had done the same thing to many older folks (who were too old to recover) – many of them lost their life savings. That turned me off property for about 12 months, however we saw others making money so we decided to do what you are doing – educate ourselves.

After a few years (and the purchase of about 10 properties), we began running educational seminars and workshops to educate folks and hopefully minimise the likelihood of others going through similar experiences to ours. Attendees started asking us for help so we became Buyers Agents (now licensed in numerous states of Australia) and it’s great to watch our clients learn and build wealth using a ‘slow and steady, low risk’ approach to property investment. We went on to buy another 15 properties ourselves (as well as numerous properties for our clients).

If you’re interested, we have a FREE Report you can access by going to our website (www.ifyl.com.au)…this will also put you on our database to receive our monthly Newsletter.

Good luck with your education – you are certainly heading in the right direction. If I can help further or you have any questions, please let me know.

Cheers
Garry

*I meant "Thanks God I found this network"

Hello Richard,

I was looking for the August's API magazine on the weekend but I couldn't find it  I missed your story.  I found the September's one though and I bought it ! That will be a new source of information. I saw the magazine Your Investement Property, does anyone here recommend it too? The more I discover in this PI world I find the more I get interested ! Have a great week !

Cheers

Alex