Property investment books/education

Discussion in 'Property Information Resources & Tools' started by Scott Townsend, 15th Nov, 2015.

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  1. Azazel

    Azazel Well-Known Member

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    Margaret Lomas is good.
    I would suggest reading as many different authors as possible. Each one explains a slightly different strategy and it will help you to find your own.
     
  2. Taku Ekanayake

    Taku Ekanayake Well-Known Member

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  3. Steven Ryan

    Steven Ryan Well-Known Member

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    Definitely important to have a network of friends, not snakes :) Though I reckon it's pretty easy to determine if someone has your interests at heart after speaking with them.
     
  4. Travelbug

    Travelbug Well-Known Member

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    At the meetups on here I have never found anyone with a hidden agenda. There are so many wonderful, generous people on this site. There is a wealth of information here and Most people are willing to give freely of their time. I agree that networking is a great contributer to success.
     
  5. larrylarry

    larrylarry Well-Known Member

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    I agree with @Travelbug I found in my dealings here, the veterans are always so helpful and honest. No need to pin point what to buy but the questions posed to me give me plenty to think about and act accordingly. Asking the same question over and over again only confirms a lazy mind. Not wrong in itself but lazy to analyse.
     
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  6. S1mon

    S1mon Well-Known Member

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    i dont understand/get this mindset stuff...but im a fan of 'Saving Tax On Your Investment Property' - Noel Whittaker & Julia Hartman...more entry level/for the beginner though i guess
     
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  7. Ben Kingsley

    Ben Kingsley Well-Known Member

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    Property investing, just like all investing is a process, not an event. You will find that all successful world class investors have used basic principals, built on them and refined them for their needs over time. All the great investment books are the ones that have proven systems / formulas, but just as important, they start with the basics.
    The magazines are great for general knowledge building also
    My formula has been developed from the basics
    ABCD - Asset Selection, Borrowing, Cashflow, Defence. The right order is C, B, A,D
     
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  8. D.T.

    D.T. Specialist Property Manager Business Member

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    Finally someone from the real world :)
     
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  9. Xenia

    Xenia Well-Known Member

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    I like this and also it's an evolutionary process rather than a static system. Always changing with new ideas replacing new ones.
     
  10. devank

    devank Well-Known Member

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    Glad I'm not the odd one out.. For a while, I thought I was lacking in mental maturity to appreciate mindset stuff. Just cut the crap, get off your backside and do something worthwhile.
     
    Last edited: 2nd Jan, 2016
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  11. D.T.

    D.T. Specialist Property Manager Business Member

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    Very well put :)
     
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  12. Azazel

    Azazel Well-Known Member

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    Pretty much.
    I don't get the point of brainwashing yourself, you're not 'you' anymore, you're a clone of a 'successful' person.
     
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  13. bob shovel

    bob shovel Well-Known Member

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  14. Xenia

    Xenia Well-Known Member

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    that's pretty much it!
    That's the correct success minset to have. There is nothing else.

    Except maybe to stick with it and get back on track if you get derailed.
     
  15. Redwing

    Redwing Well-Known Member

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    It's just a willingness to accept that there a multitude of ways to deal with something ;)
     
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  16. bob shovel

    bob shovel Well-Known Member

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    That's s great mindset to have! You should write a book :D
     
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  17. Xenia

    Xenia Well-Known Member

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    Mindset is a shift in perspective, the ability to see things differently and to see opportunities while others just waste their life arguing about the 2D view of the only reality they perceive.
    No one can teach it to you, only guide.
    If you get it, no explanation is required, if you don't no explanation can ever be possible.
    [​IMG]
     
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  18. Sackie

    Sackie Well-Known Member

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    By Alice Nicholls:

    A fixed mindset is one where the person believes that their ability to succeed is based on what they feel they already have – their intelligence and aptitude and ability today. They believe that it is talent alone that creates success and not hard work or effort. For those with a fixed mindset, they feel they are defined and classed by who and what they are capable of now, not by their potential.
    Winning is very important to someone with a fixed mindset and they often prefer to bow out, or not partake in something that they may not succeed at (despite them having an itch to do it), because the idea of not coming out on top is something that is too hard for their ego to take. To those with a fixed mindset, being perceived as ‘losing’ is a blow to their image. They see the opposite of winning as losing so they will choose to sit on the sidelines rather than risk the alternative.
    Those with a fixed mindset judge themselves by being concerned with how others perceive them.

    On the other hand, someone with a growth mindset does not believe that they are the sum of their current state or that success depends on luck, intelligence or winning. They believe that with dedication, effort, constant self-improvement and education they will be able to create success by improving how they approach something. They will not view setbacks as failures, rather as learning experiences. You will find that nearly every great business-person, athlete or entrepreneur harbours a growth mindset.
    The fixed mindset thinks ‘I shouldn’t even bother going for the management position, I won’t get it because I don’t have the right experience’. The growth mindset thinks ‘What can I do today to learn more about management and create opportunity for myself either now or in the future?’ The fixed mindset looks at someone doing something cool and thinks ‘I wish I could do that’ and judges themselves poorly as someone lacking in a certain area of their lives. The person with the growth mindset asks ‘How do you do that, can you teach me?’ and then they practice.

    Both of these mindsets are beliefs in action.
    The mindset that you cultivate profoundly affects the way you live your life, so it’s critical that we take note of how we view opportunities, for potential is all based on the perception we have of an opportunity. Though we can get stuck in a fixed mindset while it feels that our peers excel, we can make a conscious choice to move towards a growth mindset and see ourselves grow exponentially.
    Creating change from a fixed mindset to a growth mindset involves conscious thought, however the first step is to recognize which mindset you approach your life with.

    Leo2413 typing now:

    When people say that 'mindset stuff is all nonsense' its quite funny because their statement in its self is formed from a particular mindset. Also when people say its all rubbish and just get on with it, that's great, and its following generally a successful mindset approach, but many people do not have this thought process and their results in life will never change unless there is first a shift in their current mindset. Just my opinion,
     
    Last edited: 2nd Jan, 2016
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  19. devank

    devank Well-Known Member

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    Is that a big fat $ or am I hallucinating?
     
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  20. Tekoz

    Tekoz Well-Known Member

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    @Scott Townsend you can also take some course from Peter Koulizos and Steve McKnight, they're both well-known investor who runs their course officially with rreal certificate (Full Accreditation) so you actually achieve something.