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  1. evand

    Rental yield only 3% - should I sell (cut loses) vs trying to hold?

    My investing philosophies are very much influenced by the old Italian relatives I have who have made a boat lad of money in property. That's relatives by marriage btw. They have always sat around,drank wine, smoke and talk about business, family, property etc.....they dont know what a...
  2. evand

    Rental yield only 3% - should I sell (cut loses) vs trying to hold?

    Management fees + maintenance + insurances + bank fees + whatever else. There is a lot more expense than just interest on aloan.
  3. evand

    Rental yield only 3% - should I sell (cut loses) vs trying to hold?

    Regardless whether its hurting his lifestyle, who wants to burn $34k per year and maybe falling property prices for how long? Nobody knows. Good investment decisions aren't made on whether its good for your lifestyle or not. They are made on dollars and numbers. Nothing else. And prop, if...
  4. evand

    Rental yield only 3% - should I sell (cut loses) vs trying to hold?

    haha..i own 3 houses on Brisbane and follow the market closely. But its a national problem, not just a QLD one. I reckon there must be some great bargains on the GC. Problem is the yield.
  5. evand

    Rental yield only 3% - should I sell (cut loses) vs trying to hold?

    Resi property tends to stagnate or fall in price over along period of time. Then has big gains in a short period of time to compensate, which then usually overshoots. So where we are now, i don't think property price is going anywhere for quite awhile. Especially after the huge gains of the...
  6. evand

    Rental yield only 3% - should I sell (cut loses) vs trying to hold?

    Problem is, in the current climate you'd have a hard time selling to developers, unless you almost gave it to them. They would be offering peanuts at the moment.
  7. evand

    Rental yield only 3% - should I sell (cut loses) vs trying to hold?

    So thats gross. You cant keep taking such a big loss on the hope of future cap. gains. Thats not a recipe for successful investing. As far as what investors expect min yield to be. Everyone's different. I wouldn't buy under 7% yield, but that's just me. You seem pretty young with plenty of...
  8. evand

    Rental yield only 3% - should I sell (cut loses) vs trying to hold?

    Is that 3% gross yield? If it is dump it and move on. It is not a flat market, the overall trend is down. Especially in Brisbane and SE QLD. Where is it?
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