Hi Guys,
Just need some guidance. I bought my first 2 IP properties and I never had second thoughts. I was happy with the purchase and all. My last purchase was 1.5 years ago and both properties have gone up in value and are also cash flow positive.
.
I am in a very comfortable position at the moment. I just recently put an offer on my 3rd IP. I have already delayed settlement twice and I just cant seem to proceed with the deal. Already put down the 0.25% deposit.
.
I just want to know if this is normal to have many negative thoughts before proceeding with a 3rd investment? Are you guys always confident and happy with every investment that you have purchased? Have you ever went against your gut instinct only to be later rewarded?
.
P.s I have bought a 3br house in western sydney for 242K in orginal condition and 700m from station. Needs 10k reno and after reno will return around $310 per week.
.
Spending around 50% of my free time on a calculator and just want to know if what i am going through is normal or if it means that I shouldnt proceed?
.
I know the numbers are stacking up but i am just worried that I have bought at the top of the market and im sending much less activity in 1st home owner area.
.
Your thoughts will be much apprecaited and beneficial to this scarey cat property invester.
Just need some guidance. I bought my first 2 IP properties and I never had second thoughts. I was happy with the purchase and all. My last purchase was 1.5 years ago and both properties have gone up in value and are also cash flow positive.
.
I am in a very comfortable position at the moment. I just recently put an offer on my 3rd IP. I have already delayed settlement twice and I just cant seem to proceed with the deal. Already put down the 0.25% deposit.
.
I just want to know if this is normal to have many negative thoughts before proceeding with a 3rd investment? Are you guys always confident and happy with every investment that you have purchased? Have you ever went against your gut instinct only to be later rewarded?
.
P.s I have bought a 3br house in western sydney for 242K in orginal condition and 700m from station. Needs 10k reno and after reno will return around $310 per week.
.
Spending around 50% of my free time on a calculator and just want to know if what i am going through is normal or if it means that I shouldnt proceed?
.
I know the numbers are stacking up but i am just worried that I have bought at the top of the market and im sending much less activity in 1st home owner area.
.
Your thoughts will be much apprecaited and beneficial to this scarey cat property invester.
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