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  1. MTR

    Sell underperforming 1 bed IP & Opportunity cost ?

    That's what happen when the market turns, we all lower our expectations and accept a lower price those who do it straight up will be ahead of the game.... Fall back - do you have to move to Highgate?? can you stay where you are if you have to??
  2. MTR

    Sell underperforming 1 bed IP & Opportunity cost ?

    I purchased one lemon since investing 12 months ago, just offloaded as market was rising, saw the opportunity to get rid of it quickly. The property was in QLD and I got the figures wrong, on paper the returns looked great 10% yield, however it took up to 3 months to rent due to client base...
  3. MTR

    Sell underperforming 1 bed IP & Opportunity cost ?

    But 7.5% is gross return, what is it really costing you pa? Also, $30K is what you would make today, considering that it has been a rising market in Perth over the last 2 years I don't like your chances of growth, the market is now going sideways. The facts have not changed, which ever way...
  4. MTR

    Sell underperforming 1 bed IP & Opportunity cost ?

    Hi Alex If BA is going to get you motivated and you want someone to hold your hand then go for it, but seriously I would be doing it now as the market I mentioned is still rising due to demand. In a hot market BA are competing with everyone else and believe it or not there will be many...
  5. MTR

    Sell underperforming 1 bed IP & Opportunity cost ?

    Alex This is the type of thing that I would be looking at in your scenario, property where you can add value, close to the city and will be rezoned in the very near future (am told 12 months away)?, not to mention a corner block. When zoning comes in build at rear, and you have growth and...
  6. MTR

    Sell underperforming 1 bed IP & Opportunity cost ?

    We are talking the Perth market here, anyone who jumped in over the last 2 years buying the right type of property has realised on average 30% growth, while Alex is waiting.... waiting.... paying .... paying. No logic in this. If she sold the poor performer 2 years ago and purchased the...
  7. MTR

    Sell underperforming 1 bed IP & Opportunity cost ?

    Its not only the risk that needs to be considered. As an active investor it is a good idea to review your properties/performance and do the sums, if its costing money to hold with no growth you are actually going backwards. The killer is the lost opportunities, today is a perfect example...
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