Are you buying during 2014?
- Thread starter Singo
- Start date
what surprises me is that people responded yes instead of 'only if its a good deal'.
i will be buying again in 2014, not sure where yet but only if its a good deal
i will be buying again in 2014, not sure where yet but only if its a good deal
what surprises me is that people responded yes instead of 'only if its a good deal'.
i will be buying again in 2014, not sure where yet but only if its a good deal
Its just a wording thing, no ones planning on getting a bad deal. Some of us understood the spirit of the question
Consolidation mode for 2014.
Smash the LVR down to about 33% and then reassess.
Hopefully get some good growth going in Brisbane to help the ratios even more.
Gonna be a year of strong self investment instead of property investment.
Smash the LVR down to about 33% and then reassess.
Hopefully get some good growth going in Brisbane to help the ratios even more.
Gonna be a year of strong self investment instead of property investment.
No purchasing plans for next year. I've realised I don't have the same passion and motivation for residential property that I used to have. In 2014 or 2015 we may get around to developing a property. I don't think we'll purchase anymore IP's. We are feeling like we've only got a few more years before the kids are all grown up so we really want to invest our time in doing fun family stuff over next few years with the kids.
By redirecting salaries / rents to paying down debt or by selling?
I've got 1.5m+ burning a hole in my pocket so will probably get another few resi IPs next year. I can't see deposit rates improving much for the next couple of years and can see my market increasing over the same time, so it might be time to move.
Might consider a first commercial property, but don't think I have enough and I don't particularly like the risks and really don't know what I'm doing compared to resi.
Might consider a first commercial property, but don't think I have enough and I don't particularly like the risks and really don't know what I'm doing compared to resi.
We've bought 10 since 2009 .
Now happy to wait and watch from the sidelines.
We will sell our current PPOR when it's gone up more but unless sydney goes up more than anticipated , that's more likely to be 2015
Cliff
Now happy to wait and watch from the sidelines.
We will sell our current PPOR when it's gone up more but unless sydney goes up more than anticipated , that's more likely to be 2015
Cliff
Salaries, rents and proceeds of business sale, but not selling any property.
umm....what?
Given the stats say that the two most stressful events in a person's life are divorce and moving house, I'd say you might be on the wrong forum.
Personally, I find renovating an exhilarating kind of stress - the anticipation of the end result keeps it exciting and fun...
I did one this year back in June and it was the happiest I've been all year....
Not that it's all beer and skittles either, I'll tell you.
Buying another development site around August/September when current development should be finished, tenanted and valuations completed.
Same here.
Already offloaded 1 few months ago and another on the way in 2014.
While buyers are falling over themselves to grab, we are happy to offload. (call me contrary)
Time to reduce liabilities (offset) and wait for opportunities in what appears to be very uncertain times to come.
First bit of bear in me has arrived...must be an age thing.
Meanwhile, will live life like it's meant to be lived.
Get your eyes off it. I'm keen on it but just waiting for my ducks to line up.
Cmon little blacky duck!
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