I've become actively involved in attending property seminars just in the last few months. It may be because I'm paying attention to events that are geared towards property investment but I'm completely sold on the idea that property this year will do very well and continue to boom in the next 5 years.
The predictions for the next 5 years seem very favourable. The property boom is expected to be great given that the Australian population is aging and to compensate for the loss of workers to retirement, the Australian government is accepting skilled immigrants in record numbers! The fact that more migrants are coming to Australia has many more lenders offering home loans to migrants! I see this directly reflected in my line of work.
The population growth is coupled by a housing shortage in the four big cities, Perth, Brisbane, Sydney and Melbourne. This is setting the stage for unprecedented growth in real estate in Australia.
I attended the Custodian WealthBuilders seminar hosted by John Fitzgerald yesterday. The impression I got from the seminar is that 1) John Fitzgerald has been in the industry for a long time 2) he's very methodical in building a system for property investment and 3) he absolutely believes in the power of education and repetition before taking steps to purchase property.
I'm wondering if there are people on this forum who use John or his method for investing. What were your experiences working with him?
Incidentally, was anyone else at the seminar?
Thank you all for participating!