Discussion in 'Investor Psychology' started by mflying, 10th May, 2015.
What is your game?(for Investment property of course)
No option for a combination/all options?
Multiple answers, so you could have ticked as many as you wanted.
Not sure how to configure!
Please PM and I will change it.
Predominately buy & hold, with reno later when required.
He who dies with the most toys wins.
Not sure if that's "buy & hold" or or "hope & pray".
Once upon a time when rates were high and prices were low (eg 2012), buy and hold.
Today, when rates are low and prices are high (eg 2015), rebalancing portfolio.
We develop and hold everything.
Only exception being PPOR.
In order: buy, reno, hold, develop, hold. That's for each property...
They are hard to find though.
Chose reno / develop as thats the plan for all props.
We've done all , but for the foreseeable future it will be buy and hold .
Easier , less work.
Shouldn't all 4 poll options end in "hold", not just the buy & hold option?
Otherwise, it's not really investing is it?
We are talking about property, right?
What does rebalancing entail?
Buy & Hold for me
Buy well located, quality and appropriately funded property
Hold during all types of markets, don't chase the big rents and keep quality tenants
Forget about it to a certain extent and let the market do its job while I get on with the important things in life for me
This approach hasn't made me a huge amount of wealth but it has built up an element of security in my life and the ability to make choices.
Best to all
Do this multiple times as quickly as one can reasonably afford.
With compounding affect one will build wealth much greater than they ever thought possible over the long term with the least amount of risk.
I buy only potential development sites.
It just adds another cluster on buy and hold game.
right now, i am holding 5 development sites (negative/neutral or positive geared sites)
finished last development and starting next one in few weeks.
i would like to:
Buy and Hold (site that has potential development opportunities)
Sell half n keep half.
rinse and repeat.
I like this strategy.
Beats buy and hold.
I would like to adapt strategy myself in near future. Not so much dev site under the portfolio though as it hurts when talking to banker.
I also like properties with a twist, such as buy one large single floor dwelling 200m2+ internal floor space that I can give 60m2 to a granny flat, or a possible dual occupancy/strata title.
Whatever make money!!
I started with property development so I am stuck to it.
Plus in long run, it will pay dividends.
Buy and hold is my favorite strategy at the moment. The properties must be positive geared so lending isn't restricted as you acquire more properties.
I also like the strategy of buying properties at under market value so I can use the equity as a line of credit into the next property. (you need to be in the right place at the right time to find these deals).
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