Resources and subscriptions

Discussion in 'Property Information Resources & Tools' started by Niche, 10th Sep, 2019.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Niche

    Niche Well-Known Member

    Joined:
    6th Jun, 2019
    Posts:
    119
    Location:
    Newcastle
    Hi everyone,

    As someone who is very much in the learning phase of being an investor I am jut curious to hear what do people use to stay up to date with the market as well as the economy in general. This can very anything from podcasts & blogs to possible magazine & data subscriptions.
     
    Niche, 10th Sep, 2019
    #1
  2. Dan Wood

    Dan Wood Well-Known Member

    Joined:
    18th May, 2019
    Posts:
    353
    Location:
    QLD
    There's a lot of posts here about RP Data subs, I don't see the need for it if you're a new imho.

    An investment is an investment, you can make a bad decision with the best of data. It's always going to be a risk. A risk you can partially mitigate.

    I really liked Realestate.com.au suburb reports they were extremely helpful

    Microburbs.com.au is a fantastic tool for a range of things

    Talking to agents is another good resource.
     
    Dan Wood, 13th Sep, 2019
    #2
    SAIL01 and Sackie like this.
  3. Sackie

    Sackie Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    25,058
    Location:
    Vaucluse, Sydney.
    If you learn how to conduct good due diligence on a market, a state, a suburb, dwellings. You'll be able to reduce your overall risk and maximise your chances of that dwelling working for your portfolio rather than against it.

    Most of this info is found free on line and speaking with players on the ground. Also, most of what fundimentally makes a good asset/investment hasn't changed for centuries imo.
     
    Sackie, 13th Sep, 2019
    #3
    Dan Wood likes this.
  4. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    13,500
    Location:
    Melbourne
    Property alerts from RE com that I get from my searches I have set up. While you need to separate the reality from the spammy stuff, it gives a good idea of what's coming up in the market you are watching.

    The other is looking at the sold properties on RE com using a map view - gives an idea of pockets and streets that are moving etc

    Finally the rental section of RE com using map view - see what is vacant, how many there area, what they are asking, and what is not betting let.

    The Y-man
     
    The Y-man, 13th Sep, 2019
    #4
    Dan Wood likes this.