Whether you’re a first-time property investor or have some runs on the board, you’re in danger…
Why You Shoud Not Rely On Mainstream Media
The only way to succeed as a property investor is to stay curious and keep learning.
But when it comes to your property investing education you need to be careful. There’s a plethora of opinions in the newspapers and evening news these days.
And opinions are just that – opinions. Too often those opinions aren’t backed up with facts. So how can you tell the reliable sources of information from the poisonous ones?
That’s why I’m sharing with you today my favourite sources of news, education, and current events.
These are the same resources that I use every day for my own business to stay informed and make better, more educated decisions about my own property investing.
Needless to say, I find these resources far more reliable than so-called “experts” on TV!
So here they are (in no particular order):
My Recommended Property Investing Blogs & Podcasts
Jane Slack-Smith has plenty of runs on the board when it comes to finding great deals, adding value and buying in outstanding areas. Jane is a published author, an award winning mortgage broker, a sought after media commentator for many high profile publications.
I’ve got Jane at the top of the list not only for her prowess as a property investor but because she just started a brand spanking new podcast.
Jane has a great interviewing style and manages to extract quality information from her guests by having them answer questions every property investor wants to hear.
I’m so glad to see Jane Slack-Smith in the podcasting world as she has plenty to share.
You’ll see Kaz’s interviews come out each month and it’s always entertaining and informative to hear Kaz gather an abundance of interesting fact and opinion from her guests.
There are over 100 recordings available now so there’s something for everyone!
You can’t go past Steve McKnight when it comes to successful property investing. Steve has stood the test of time and manages to evolve his investing at every twist and turn in the property market.
Steve’s blogs are not as regular as some but they are always topical, insightful and has quality information without the fluff.
Steve’s predictions of the Australian property market and global influences are always spot on so whenever Steve releases a blog I drop everything to have a good read.
REI is already a powerhouse in the property market providing massive amounts of quality data to investors all over the country.
Information and data is their thing and when it comes to their free blog, REI have got it nailed.
Almost daily, subscribers get access to relevant news items, market movements, tips to optimise your portfolio and strategies to help find property sites with value adding potential.
He has built a huge database of listeners and for good reason. Subscribe to Kevin’s podcast and you’ll have access to an abundance of short, sharp interviews with property experts and everyday property investors making serious profits in the current market.
Terry is the ‘go to man’ for all things relevant to property research. His reports, newsletters and news feeds have gone from strength to strength over the years and is now a highly sought after media commentator.
Terry is known for providing real data that is factual and backed up with real, on the ground research. You might have even seen Terry travelling the countryside in his van gathering quality insights to share with his database.
I love how Terry is always calling the speculators and so called media commentators on their facts and opinions. If you want to learn what’s hot in your area, don’t buy a newspaper, subscribe to one of Terry’s very popular reports.
I couldn’t leave my own blog of this list!
I’m a big believer in consistency and over the past 9 months we’ve been consistently publishing weekly blog posts packed with tips, insights, strategies, market reports, interviews and video presentations for property investors across the country.
I might sound a little biased but if you’re a property investor of any skill level, you need to be part of the Property Resource Shop community.
And if it’s your first time here, why not check out our getting started guide?
What Are Your Favourite Resources?
So what are your favourite resources? Leave a comment below and let me know what should be added to the list!
As property investors it’s sometimes easy to lose track of the bigger wealth creation plan.
In fact, 89% of Australians aged 40 to 60 lose track of the bigger plan, and there for can’t retire early (let alone comfortably!)
Speaking from experience, I know the temptation is very real to become too focussed on the next property deal… it’s almost an addiction!
It’s so important to regularly step back from what you are doing. Take a look at the financial journey you are on.
Whether your goal is to retire early or to enjoy a certain lifestyle, ask yourself:
It was late 2005 and I’d just started my property investing journey. “Property Resource Shop” didn’t exist yet… not even in my wildest dreams.
I just sacked the boss and had no plan… other than to become a full time property investor.
(For the record, that was a really bad idea. Don’t try that without some careful thought… or contact me to explain a better way to make the transition!)
My “Genius” Property Investing Plan
House relocation… House removal… House demolition…
Let’s talk about the biggest problem with most subdivision projects: the house!
Or more specifically, the location of the house.
As you know, I’ve been in property investing for more than ten years now. I’ve transacted over $5M worth of properties. And in the process I’ve networked, collaborated, and met with some of Australia’s most smart and prolific property investors.
And there’s one thing we all agree on: [Read more…]