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  1. D

    Off the plan

    With an established property, you don't need to exit when the market goes south. A property I own in Canberra has a $30k capital value decline, yet I don't need to do anything I just keep it there earning rent and generating tax deductions. The only difference is I can't draw equity from it...
  2. D

    Off the plan

    Gambling is not the right reason to buy OTP in my opinion. The above only happens in a fast market and only if you buy really well. It can equally go the other way, often more so because most OTP sales happen at the top of a boom (where we are right now actually, in Sydney anyway). If...
  3. D

    Off the plan

    Pros/Cons ratio = 1/50 But rather than look at the general - can you ask yourself the big question - "Why". Why do you want to buy off the plan? What led you to that? did it come from yourself i.e. your strategy or did an external factor such as advertising, or a salesperson lead you towards...
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