Turn Left Theory

The "Turn Left Theory" is one which I learned from Martin Ayles, a young property investor/developer from Adelaide, Australia.

One of the keys to becoming a successful Property Investor is learning the area or suburb that you will soon be investing in. The "Turn Left Theory" is a very simple way for you to do this.
I personally have used this strategy and had excellent success - bought a house the first time I tried it!! So it does work.

Step 1 - Choose an area or suburb

Step 2 - Get in your car (walk the dog if you don't have a car, walk by yourself if you don't have a car or dog)

Step 3 - Once in your chosen area TURN LEFT.

Step 4 - Take brief notes about all the properties that are on the market and all the properties that have a SOLD sign plastered on them.

Step 5 - The next day (presuming you did your driving/walking in the evening/night) ring all the agents who had the properties listed and ask them anything and everything about the property. How much did they sell for? How much are the asking? What is the age of the property? 2 or 3 bedroom? and so on...

Step 6 - Repeat steps 2-5 once or twice a week for 5-6weeks.

Simple huh!? Now most people say one of (or both) two things.

1. I don't have time...
2. Gas prices are too expensive to just drive around these days...

Martin Ayles taught me the answer to question one - "YES YOU DO. No one minds a few high beamers up their driveway at 11 O'clock at night if they want to sell their property - they've probabaly fallen asleep on the couch watching T.V. anyway..."

My answer to question two is - If you aren't willing to spend 50, 80 or 100 dollars on some gas to find deals that will put thousands in your bank then Investing in Property is not for you.

Take Action, enjoy using the Turn Left Theory, get out there a learn some areas and bank some bucks!!

Until next time, have an excellent week!