I did it again. I was desperate for something to read on the train.
Heaven forbid you look up and actually make eye contact with the people around you. Accepted practice is mp3 player, sunnies and something to read. Anyone looking around or talking must be a psychopath and is to be avoided.
Anyway, back to my story, what I did was to pick up a copy of Your Investment Property. What a waste of time and money this magazine is! There are some articles on investors – not bad, but not a lot of detail that an investor would look for, more nice stories to encourage you really. There are state-by-state market updates – OK, but nothing you don’t get in the general media.
The really painful section though is where potential growth suburbs are described. Not one piece of useful info in them at all. Nothing relating to why a suburb might do well, nothing on increasing rentals, nothing on infrastructure or changing demographics. Just a description of the past quarter, year and 10yr growth rates.
Wow! What great info! This is exactly what is presented in the tables at the back, only in text form instead of numbers! Wow!
I’ve bought this mag three times now – twice because I mistakenly thought it was API, and this week because I wanted something to read rather than pretending to not look at people in the train. The only thing going for this mag over API is print/paper quality. Other than that, it has less information, no real analysis of the markets, and it costs more!
Next week, if you are in Perth and some guy on the train makes eye contact with you, or heaven forbid, says hello, don’t be afraid, it’s probably just me.
[see also http://www.somersoft.com/forums/showthread.php?t=36929&referrerid=131]
Heaven forbid you look up and actually make eye contact with the people around you. Accepted practice is mp3 player, sunnies and something to read. Anyone looking around or talking must be a psychopath and is to be avoided.
Anyway, back to my story, what I did was to pick up a copy of Your Investment Property. What a waste of time and money this magazine is! There are some articles on investors – not bad, but not a lot of detail that an investor would look for, more nice stories to encourage you really. There are state-by-state market updates – OK, but nothing you don’t get in the general media.
The really painful section though is where potential growth suburbs are described. Not one piece of useful info in them at all. Nothing relating to why a suburb might do well, nothing on increasing rentals, nothing on infrastructure or changing demographics. Just a description of the past quarter, year and 10yr growth rates.
Wow! What great info! This is exactly what is presented in the tables at the back, only in text form instead of numbers! Wow!
I’ve bought this mag three times now – twice because I mistakenly thought it was API, and this week because I wanted something to read rather than pretending to not look at people in the train. The only thing going for this mag over API is print/paper quality. Other than that, it has less information, no real analysis of the markets, and it costs more!
Next week, if you are in Perth and some guy on the train makes eye contact with you, or heaven forbid, says hello, don’t be afraid, it’s probably just me.
[see also http://www.somersoft.com/forums/showthread.php?t=36929&referrerid=131]