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  1. Bargain Hunter

    Ol' timers words of wisdom

    Investing and PPOR are two seperate beast. Would we have bought our current PPOR as an investment... no way. Would I buy now if I had to move to Melbourne to live? Probably not. I would be more likely to rent until the market cooled. Paradise can be hell when the market is too hot, and the...
  2. Bargain Hunter

    Ol' timers words of wisdom

    Averaging results in less than average returns. Buy low, sell high. We made an error in buying during a boom and renovating just in time for the bust, should have taken the first offer but were used to the higher prices. :( Generally we buy and hold with the view to cash out in order to...
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