Recent content by speculator

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    Don't leverage into property

    Leverage into property Forget all this nonsense from Glenn Stevens or Kochi . They are full of theory and nothing else. Borrow as much as possible and buy as much as you can. That's been my policy even when interest rates were 17% in the late 80's. Just focus on Demand and Supply. Just...
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    Real Value Adding

    It's interesting to hear all the different views. I didn't go into detail on the techniques that I have used mainly in Camberwell , Surrey Hills and Canterbury and UK but was focussing more on the concept itself. I have a long list of techniques that l use and over 300 mistakes to avoid. The...
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    Real Value Adding

    http://realestateinvestordaily.com/market-information-news/why-real-estate-speculators-never-go-broke/
  4. S

    Real Value Adding

    Your reply makes sense and validates my point about developers. The guys who hold on to part of the development have already taken their profit and are holding at zero cost. Their only cost is opportunity cost. Lots of long term investors and renovators in USA are going bankrupt. The other point...
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    Real Value Adding

    That's interesting when you say I don't have a clue. I have made a substantial amount of money in real estate after I gave up negative gearing and renovations and gave up being an "investor" thus reducing my risk.
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    Real Value Adding

    Real renovators are builders. Lot of people renovate thinking that they are adding value. I am a renovation sceptic. Did this a few times and realised that it is the market that increases the value rather than the renovation. Try renovating when the market is not moving and see how much value...
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