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  1. #11
    Join Date
    Jan 2005
    Posts
    1,443

    Default

    Quote Originally Posted by scoob View Post
    Get yourself a good broker
    How can you tell whether they are a good broker though Scott?

    Would it be preferable do you think, that said broker would have to be actually investing in property themselves (as a minimum), or just by word of mouth recommendation?

    There's plenty of so called brokers, financial advisors, life coaches etc out there that think they're shit hot, but don't even practice what they preach, wouldn't have a clue, and are worth two fifths of bugga all!

  2. #12
    Join Date
    Jul 2006
    Location
    Christchurch
    Posts
    302

    Default

    Quote Originally Posted by Glen View Post
    How can you tell whether they are a good broker though Scott?

    Would it be preferable do you think, that said broker would have to be actually investing in property themselves (as a minimum), or just by word of mouth recommendation?

    There's plenty of so called brokers, financial advisor's, life coaches etc out there that think they're shit hot, but don't even practice what they preach, wouldn't have a clue, and are worth two fifths of bugga all!
    Excellent call Glen,

    I think a lot of your concerns regarding brokers/financial advisors etc can be eliminated by asking the very questions you put forward here. It's you that is putting your faith in a professionals ability, so ask them every question you can think of.

    I tell all my clients/potential clients to surround themselves with an investment property team. An investor's solicitor, accountant, agent(s) and mortgage broker should all be property investor minded, a weak link in this chain may not initially show itself, but in the long run it will scuttle the best laid plans.

    Do your DD on your investment team as vigorously as you do on the purchase you are about to make!
    Scott Miller - Mortgage Broker
    Ph: 03 980 4541 M: 021 34 36 48
    AMS's website My email

  3. #13
    Join Date
    Sep 2003
    Location
    High up above and deep down under
    Posts
    10,915

    Default

    Try and meet up with a few PTers.

    Attend a PT gathering.

    Make use of the Private Message function of PT.
    "There's one way to find out if a man is honest-ask him. If he says 'yes,' you know he is a crook." Groucho Marx

  4. #14

    Default

    Most important thing that an investor should know is that "Investing is risky!"

  5. #15
    Join Date
    Jul 2006
    Location
    Christchurch
    Posts
    302

    Default

    Quote Originally Posted by Landwatch.com View Post
    Most important thing that an investor should know is that "Investing is risky!"
    Hi Landwatch.com,

    Can you elaborate on your 'Investing is risky' thoughts?
    Scott Miller - Mortgage Broker
    Ph: 03 980 4541 M: 021 34 36 48
    AMS's website My email

  6. #16
    Join Date
    Feb 2004
    Location
    Welly-town
    Posts
    1,095

    Default

    Quote Originally Posted by Landwatch.com View Post
    Most important thing that an investor should know is that "Investing is risky!"
    I would have said investing has risks associated with it, rather than it is risky. Risks can be minimised through education and experience.

    Gerrard

  7. #17
    Join Date
    Jan 2005
    Location
    Auckland
    Posts
    1,530

    Default

    Gerrard,
    I would argue that good deals can be bought AND made!
    Julian
    Gimme $20k. You will receive some well packaged generic advice that will put you on the road to riches beyond your wildest dreams ...yeah right!

  8. #18
    Join Date
    Feb 2004
    Location
    Welly-town
    Posts
    1,095

    Default

    Quote Originally Posted by Julian View Post
    Gerrard,
    I would argue that good deals can be bought AND made!
    Julian
    True Julian. I was thinking more along the lines that there has to be a twist or opportunity not obvious to your average buyer on the street.

    There's plenty of evidence of people still buying good deals, but more and more I see people having to come up with ways to make good (or even great) deals.

    Gerrard

  9. #19
    Join Date
    Dec 2007
    Location
    Auckland, New Zealand
    Posts
    15

    Default

    Hey Guys,

    Names Sean, I recently joined APIA in November, and I really enjoyed reading this thread. I am new to property investment but I am passionate and I have defined goals.

    Cheers

    Sean

    Ps: my email is [email protected] if anyone wants to add me on msn and have a chat.

  10. #20
    Join Date
    Feb 2004
    Location
    Newcastle-under-Lyme
    Posts
    3,066

    Default

    Welcome to PT Sean

    Worth having a look at the wiki to clarify terms and things, and if you want plenty of reading the link in my signature is my attempt at a greatest hits of Propertytalk...

    Cheers
    David


 

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