All Forum Posts by: Robin Brown

Yeah I figured it's all about learning. And I could get a killer bit of land in one of our top suburbs, but an absolute bogus house that costs me millions to fix anyway, Or it actually isn't that bad and I end up with just positives. Am happy to negotiate on price but you never know how good a deal you could get unless you start ridiculous. 

And if they say no then it doesn't matter. I guess what I am learning is that unless you actually ask you'll never know. So why not take a chance.

Oooo great to know. I did try find out who owned the title a little while back so I’ll dig up those records. I mean I doubt I’ll get a property that it was looked after would be near 2mil for 500k but hey I’ll start there and see what happens

Has anyone had experience in trying to acquire an abandoned property? There is a place near me that I’ve been watching over the last five years. It’s an amazing location, double block with albeit a beautiful run down house that looks like they may have encountered financial problems/heritage permit problems.

I’m  thinking about dropping a letter in the mail box with a super low ball offer that will hopefully give me an idea of the owner ever swings past or not.

Love to hear if anyone has had any success 

Look I haven’t really. I know a very long time ago some friends of friends apparently looked into it.  I’m just currently reading up on investing from a distance and having a really solid team for you. I just thought the US was quite a bit of a distance. Even though those house property prices blow my mind, taking in the exchange rate we could possibly buy two properties outright!

I have a friend who has just moved back to aus but spent 15 years in the states in bother Huston and Raleigh. So could get some insight there.  How often do investors invest in different countries all together? 

Heya all, 

Just popping in to say Hi. My name is Robin, I have started the big old crazy journey to finding financial freedom so I can focus on my passions more (Filmmaking and enjoying parenthood). I came across BP through 'the book on rental property investing' I am still making my way through it all but I have spent quite a bit of the last 6 months trying to learn as much as I can about financial freedom. I am from Melbourne Australia so struggling a little to comprehend the different housing market down here in OZ. It seems to be astronomically different from what I have read in this book and the book 'one rental at a time' (along with things like rich dad poor dad etc) But keen to see all the pieces of the puzzle come together as I learn more.

I have ZERO experience in property, I invest in Shares and Crypto and my partner has a 1 bedder (120k owing) that we rent out, We were looking to buy a home for ourselves but the market seems ridiculous atm and anything we had liked (small 3bedder single family home) I just don't think is worth 900+K and pushing our loan plus repayments to the max. So I then began looking into a potential smaller 2/3 bed townhouse/apartments to live in for a few years before renting out and buying a family home. Then I started the deep dive into trying to understand property investing as I thought there must be a way to get ahead in this world. I hope to learn more through the forums and books that I read, and maybe in turn be able to provide some help to other newbies in the distant future! So that's a quick hi and hope to chat to more of you over the course of my investing journey. :)