When property developers and property investors wonder if the location they are about to pin their hopes and dreams on will deliver the returns they need, here’s what I tell them:
A 'no-go zone' suburb in Boomscore is a suburb where supply far meets (and may exceed) demand so prices are either going to decline or go sideways. This also occurs in a hot market.
Have you tried analysing vast troves of property market data?... Perhaps spending hours on property forums or online searching?... Trying to get that 'hot tip' about where to invest next? The problem is most property investors simply move too slowly... there's too much to do and life is very busy. Not so?
...or worse - did you simply give up building that self-funding property portfolio because it all got too hard?
10 years later, when the property market booms like crazy and your friends sell off a property or two for some serious fun money, you simply tell yourself they got lucky. It could have gone the other way.
Instead, by the time you eventually make that huge decision about where and when to invest...you are now ready to take the plunge...the market has moved...your research has become redundant and you land up paying for someone else's capital growth - for the investors that got in before you arrived to buy their much more expensive property.
OR...are you that investor that gets in first before everyone else follows and pushes up your price?
The ATO says 99.3% will not retire on rental income from their property portfolio...and 60% will buy properties that will cost them money. The same goes for property developers.
Is this because your research bogs you down in the itty bitty details of every potential area causing confusion: "Where do I begin?".
And while you're “finding, compiling and then analysing the vast troves of property market data”, you miss the GENUINE opportunities hidden in plain site.
The key is to NOT find reasons to KEEP a location or ten for further time-consuming research…rather, you want to find reasons to throw it away.
And you want to do this fast.
That way you can look at more (better) locations in less time…. AND... quickly find the 'cash cows' that put money in your pocket and 'high growth gems' that mean financial retirement sooner.
That's why I developed my rapid property market assessment tool, Boomscore, for property investors and anyone who wants to find, analyse and track key data changes in the very best locations countrywide.
Imagine spending only 20 minutes, instead of 20 hours, pinpointing a basket of the very best suburbs that fit your unique budget and goals...with scientific accuracy?
No guessing...No relying on the 'experts'... No more frustration.
This free Essential Guide to Property Market Research...to finding the best areas for imminent capital growth...will give you FOCUS, SPEED and ACTIONABLE insights so you never again have to wonder who to trust...get overwhelmed...get frustrated...watch others succeed...It's your guide to the most important element of property investment: property market research.
But also, we give you the research tech to put the steps into practice.
This essential guide will help you target a handful of high growth locations to focus on (and cleverly factors in your price range and strategy)...no more generic lists of 'hotspot suburbs'.
Using Boomscore, you will quickly isolate the best areas so you can quickly become an area expert anywhere in Australia. And it systemises the entire process filtering out almost 15,000 suburbs in...4-CLICKS...your eyes are not deceiving you...yes, 4-clicks.