Hi all,
Just thought of this topic...Limiting beliefs we have about property/prosperity and how you think one can look at it from a different perspective. I will start with mine...
I'm 26 and have 2 IP's in Sydney's West now (and four in total between me and my twiney). I got into property around 23 and bought my first one at 24. Just to give a background I moved to Australia at 15 with my family from South Asia. All I had then was education that could take me forward. Dealing with challenges of being in a new culture and the fact that I met a lot of people who had been in Australia for many years and were financially well settled (or so it seemed at the time) I knew I had to be heads down and tails up and it's been quite a journey for the past 11 years and 9 months!
I have a long way to go and one of the biggest challenges I have is I end up comparing myself to others' especially those who have years and years more experience than I have. I also compare myself to those who are my age and have done AWESOME. I take inspiration but I want to be THERE too. I haven't worked out a way to deal with this. I find that being on the SS community you are bound to meet some of Australia's most successful investors (or at least I see it that way) but I also know that SS is not a representation of the whole Australian population.
Another challenge I have is dealing with tradies. I'm learning...I've been burnt before and have become a BIG fan of going with the gut feel whenever I give a tradie a job and A MUST is taking an invoice! Still building our network of tradies...but it has come at a FEW poor experiences...
Thirdly I feel that I'm running out of time. I know the purpose of life is not to lean back but to keep moving forward....but feel jeez we (me and my sis) are already 26 and have SO MUCH to do!! We have big dreams...we don't want to live small but also feel a lot of we are doing now should have been done yesterday. But I was working towards where I am now -> yesterday, the day before yesterday, the week before yesterday, the month, the year, the decade before yesterday. I believe everything in life starts off as a vision. When I was 7 I didn't know I was ever going to move to Australia. BUT we had happened to have received a souvenir of the Opera House and the Harbour Bridge from family friends who came to visit family in Sydney; And then I had this vision of one day living in Australia. Followed by my mum having to go searching for a book with pictures of houses for a year 2 assignment I had at school and she couldn't find any for days till she found one - The Home World Magazine. I had that magazine till before I moved to Australia and I have vivid memories of waking up early mornings and going through the magazine page by page, dreaming, I want a home like this....neither did I know that it was an Aussie magazine. So basically I don't think I have wasted this opportunity of being here and having the best of what life can offer...Yet, have the urge to be THERE already. Understand the journey needs to be enjoyed - though it's difficult sometimes
Last but not the least...I have a fear of losing it all....something I'm working on to change.
Also, this isn't an exhaustive list. I may add to it later.
I'd be keen to hear your views on this. As well as would like to hear your limiting beliefs and how you challenge them?
Look forward to hearing
MsAli
Just thought of this topic...Limiting beliefs we have about property/prosperity and how you think one can look at it from a different perspective. I will start with mine...
I'm 26 and have 2 IP's in Sydney's West now (and four in total between me and my twiney). I got into property around 23 and bought my first one at 24. Just to give a background I moved to Australia at 15 with my family from South Asia. All I had then was education that could take me forward. Dealing with challenges of being in a new culture and the fact that I met a lot of people who had been in Australia for many years and were financially well settled (or so it seemed at the time) I knew I had to be heads down and tails up and it's been quite a journey for the past 11 years and 9 months!
I have a long way to go and one of the biggest challenges I have is I end up comparing myself to others' especially those who have years and years more experience than I have. I also compare myself to those who are my age and have done AWESOME. I take inspiration but I want to be THERE too. I haven't worked out a way to deal with this. I find that being on the SS community you are bound to meet some of Australia's most successful investors (or at least I see it that way) but I also know that SS is not a representation of the whole Australian population.
Another challenge I have is dealing with tradies. I'm learning...I've been burnt before and have become a BIG fan of going with the gut feel whenever I give a tradie a job and A MUST is taking an invoice! Still building our network of tradies...but it has come at a FEW poor experiences...
Thirdly I feel that I'm running out of time. I know the purpose of life is not to lean back but to keep moving forward....but feel jeez we (me and my sis) are already 26 and have SO MUCH to do!! We have big dreams...we don't want to live small but also feel a lot of we are doing now should have been done yesterday. But I was working towards where I am now -> yesterday, the day before yesterday, the week before yesterday, the month, the year, the decade before yesterday. I believe everything in life starts off as a vision. When I was 7 I didn't know I was ever going to move to Australia. BUT we had happened to have received a souvenir of the Opera House and the Harbour Bridge from family friends who came to visit family in Sydney; And then I had this vision of one day living in Australia. Followed by my mum having to go searching for a book with pictures of houses for a year 2 assignment I had at school and she couldn't find any for days till she found one - The Home World Magazine. I had that magazine till before I moved to Australia and I have vivid memories of waking up early mornings and going through the magazine page by page, dreaming, I want a home like this....neither did I know that it was an Aussie magazine. So basically I don't think I have wasted this opportunity of being here and having the best of what life can offer...Yet, have the urge to be THERE already. Understand the journey needs to be enjoyed - though it's difficult sometimes
Last but not the least...I have a fear of losing it all....something I'm working on to change.
Also, this isn't an exhaustive list. I may add to it later.
I'd be keen to hear your views on this. As well as would like to hear your limiting beliefs and how you challenge them?
Look forward to hearing
MsAli