API magazine is closing

Discussion in 'Property Information Resources & Tools' started by Daisycutter4, 30th Nov, 2016.

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  1. Ko Ko Naing

    Ko Ko Naing Well-Known Member

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    Really sorry to hear that too. I hope all the staff are being looked after by some sort of redundancy or compensation package.

    Just want to encourage that 2017 will be a year to start something new and better.
     
    Ko Ko Naing, 1st Dec, 2016
    #61
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  2. DaveM

    DaveM Well-Known Member

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    Sorry to hear daisycutter... I never read the magazines, but its sad when any business closes down and the staff and ancillary services all bear the brunt of it. I hope you find a new role quickly and all is OK with family and colleagues.
     
    DaveM, 1st Dec, 2016
    #62
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  3. MTR

    MTR Well-Known Member

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    Unfortunately sign of the times..Dolly Magazine also closing shop after 45 years, totally different beast but big seller in Oz

    Kieran, wish you the best

    Mtr:(
     
    MTR, 1st Dec, 2016
    #63
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  4. neK

    neK Well-Known Member

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    @Daisycutter4 - Kieran you should grab the good staff and start your own mag! :)

    God never closes one door without opening another
     
    neK, 1st Dec, 2016
    #64
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  5. bob shovel

    bob shovel Well-Known Member

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    What a shame!! but i guess it's a tough market trying to get tight ass landlords to reach into their pockets!

    All the best to you and the gang
     
    bob shovel, 1st Dec, 2016
    #65
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  6. House

    House Well-Known Member

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    Aww sad news indeed :( was the first investing magazine I bought and superior to the others.

    Surprised it isn't moving onto digital only as that was a as good and probably cheaper to run. Guessing the one that was delivered yesterday is the final issue.

    At least I'll finally be able to get through the pile that I only ever seem to get half way through before the new one arrives!

    [​IMG]

    Wonder how much the PriceFinder user numbers will drop by...
     
    House, 1st Dec, 2016
    #66
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  7. Myendgoal

    Myendgoal Member

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    Sorry to hear that... I've been a big fan and now I have nothing to read on the train. I guess not enough people subscribe to the soft copy version too?
     

    Attached Files:

    Myendgoal, 1st Dec, 2016
    #67
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  8. RetireRich101

    RetireRich101 Well-Known Member

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    In honoring API, we should see who has the oldest mag...
    June/July 2003... when Sydney property was at it's peak

    upload_2016-12-1_9-20-27.png
     
    RetireRich101, 1st Dec, 2016
    #68
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  9. Perky29

    Perky29 Well-Known Member

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    I first started reading API in 2002.
    It has saved me a lot of money over the years with legal tips and various other stories.
    It is also the best property mag in Australia IMO.
    It will be very sad to see it go!

    RetireRich101 - I was in the August 2012 issue for the same story above (New vs Established Properties)...

    Good luck to those who work there, I hope things work out well for you.
    Regards,
    David
     
    Perky29, 1st Dec, 2016
    #69
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  10. Dan Donoghue

    Dan Donoghue Well-Known Member

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    Sorry to hear this Kieran. For me personally, API kept me focused during a time when i needed it most.

    A big thanks to you and the team, you helped some people more than you could possibly know.

    Best of luck to all of you moving forwards.
     
    Dan Donoghue, 1st Dec, 2016
    #70
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  11. dabbler

    dabbler Well-Known Member

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    It is digital already, you could subscribe to digital only.

    PF will loose a chunk I would guess, but I am sure it is peanuts for them.
     
    dabbler, 1st Dec, 2016
    #71
  12. MTR

    MTR Well-Known Member

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    I also wonder whether other property investment magazines will also end the same way?
     
    MTR, 1st Dec, 2016
    #72
  13. larrylarry

    larrylarry Well-Known Member

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    No talk of rescue package by a competitor?
     
    larrylarry, 1st Dec, 2016
    #73
  14. RetireRich101

    RetireRich101 Well-Known Member

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    .. And would Simon take this opportunity further expand or innovate to further expand his business?.. Perhaps an addition to pchat... a blog or story or interview or article featured similar to API?
     
    RetireRich101, 1st Dec, 2016
    #74
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  15. Simon Hampel

    Simon Hampel Founder Staff Member

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    Always been part of the business plan - I just need to be able to fund it.

    I wonder how much the current owners of ACP want for their back-catalogue of content?
     
    Simon Hampel, 1st Dec, 2016
    #75
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  16. jins13

    jins13 Well-Known Member

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    Really shocked to hear the bad news. I personally thought that it would be the other property magazine I subscribe to that would have finished up. I am so grateful to API for the news, feature articles and seeing the figures on the features. Was always a motivator for me to see outside the box and consider other strategies. The property world is going to be a poorer place with one less reputable source.

    I do hope that all the staff members are looked after and the timing really sucks for all.
     
    jins13, 1st Dec, 2016
    #76
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  17. mcarthur

    mcarthur Well-Known Member

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    Great options thinking!
     
    mcarthur, 1st Dec, 2016
    #77
  18. RPI

    RPI SDA Provider, Town Planner, Former Property Lawyer

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    Sorry to hear it go Kieran and even moreso for you and your team. I used to have every copy on bookshelves (even in order, sad I know) back in the day.
     
    RPI, 1st Dec, 2016
    #78
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  19. New2prop

    New2prop Well-Known Member

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    Hi @TMNT, do you mind sharing this article by PM? Many thanks.
     
    Last edited: 1st Dec, 2016
    New2prop, 1st Dec, 2016
    #79
  20. TMNT

    TMNT Well-Known Member

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    ill see if I can find the actual copy and Ill scan and put it up

    its pretty stragiht forward for seasoned investors, but for a newbie it was a mini bible
     
    TMNT, 1st Dec, 2016
    #80
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