From: JustAMum Bromilow
My chief advisor has posed to me a question, which has caused for us a quandary. To whit -
1. Do we gear up - and buy and hold another IP in a low interest, high selling price (top of the market), with lower rent return to purchase costs CYCLE,
or
2. Wait till interest rates & inflation increase, & property prices flatten out and rent returns catch up with property values?
Any response from any brave souls would be great fully appreciated as more than our view would contribute to our feelings of being able to reach a more balanced decision. After all - I am just a mum.
Looking forward to YOU putting your two bobs worth in - Just A Mum
(ps Damn it - this was the third time that I wrote this note! - silly me pushing the wrong button)
My chief advisor has posed to me a question, which has caused for us a quandary. To whit -
1. Do we gear up - and buy and hold another IP in a low interest, high selling price (top of the market), with lower rent return to purchase costs CYCLE,
or
2. Wait till interest rates & inflation increase, & property prices flatten out and rent returns catch up with property values?
Any response from any brave souls would be great fully appreciated as more than our view would contribute to our feelings of being able to reach a more balanced decision. After all - I am just a mum.
Looking forward to YOU putting your two bobs worth in - Just A Mum
(ps Damn it - this was the third time that I wrote this note! - silly me pushing the wrong button)
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