If you were to review most successful people they tend to have a few things in common. First they research and carry out extensive due diligence before they do anything and secondly they have a mentor. So why do you think a successful person needs a mentor. The main reason is because most successful people [...]
RESEARCH, RESEARCH, RESEARCH
How often do you hear that real estate is all about Position, Position, Position. The reality is that although position is very important the most important thing that is required is carrying out suitable research. In my experience many investors spend more time researching what DVD recorder they are going to buy than a property [...]
SELECTING YOUR TEAM
Investing successfully requires planning and the right team. When you are contemplating investing in either shares or property you need to plan carefully and treat it as a business. Business owners know that they can have the best ideas in the world, however without the right staff it may fail. Likewise, if you [...]
HOW PLANNING WILL HELP YOU SUCCEED
HOW PLANNING WILL HELP YOU SUCCEED Often people ask my advice about how to be successful so I ask them what are their goals? In many cases I get answers such as “I want a lot of money”.” I want enough money in retirement”, “I want to do the things that I enjoy” so [...]
The Australian Property Market in 2012
With 2012 well under way it will be interesting to see what happens to the Property Markets across Australia this year. Most of the indicators would suggest that in 2011 the property markets had bottomed and we should see steady growth throughout most of Australia for the remainder of the year. So as an investor [...]
The Savings Nightmare
Imagine around twenty years from now you decide that it’s time to retire, to do all those things that you have not been able to do because you have been working all your life bringing up the children and paying off a mortgage. The vast majority quickly discover that they will not have enough money [...]
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nigel@propertyknowhow.com.au
