Search results

That's a big profit albeit you added value so it is harder to qualify it as buying below market value. Colleague of mine just bought a place for 7.5m around 3 months ago. He settled this week and has an offer from someone for 10.2m. Now it could be argued that the market has risen during this...

Lots of people will say the "true value" is the value pay buy for, because that's what the market was prepared to transact at the time. To me, that's just a lazy way of explaining things or someone is stuck on some liguistics or academic point. It's like saying Warren Buffett - who has a knack...

By knowing the market VERY well.