Search results

I tend to disagree Joe. If you are including shares into this topic, then I would agree, but we are talking only about property in this case. The costs involved in selling the properties, plus any CGT, then getting back in again in a few years time when it is supposedly better, are very...

It's a little bit like buying petrol. Everyday, you see the prices on the signs as you drive around. You see the prices go up one day, down the next. They might stay the same for a week or two after a jump up in price, then drop 5c per litre one day. You know that's a good day to buy it...

Well, since 1985 I've been buying and selling PPoR's, and since 2001 buying IP's, and every single one of those properties has gone up heaps. I wish I had been able to keep 'em all.

Standard r/e trick. Advertise lower to get some interest and drum up some new contacts from the opens, while giving the agents some ammo to go to the Vendor to work on them for a price reduction. The Vendor's reserve was probably about $430k, which makes the ads even more of a joke.