What's Margaret Lomas telling people to buy?
- Thread starter rwave
- Start date
I would take Christie Downs over Christies Beach especially if your a buy and hold investor. I'm not a fan of Hackham. Can't speak for the other suburbs as I don't know the areas.
Nearly 2 years in to the Christie Downs property,signs of nice CG so far.
Why not Hackham other than it seems to have already moved? From a distance there seems to be lots of investor activity there as the lower priced properties seem to be moving fairly quickly.
My observations are that her predictions are generally on the money but she has an army of investors following her advice and by the time they become well known it may be too late and the easy gains have already been made. Can one person influence a market that much? Maybe an individual suburb.
She is a big fan of good cash flow properties Providing they meet her investment criteria
She is a big fan of good cash flow properties Providing they meet her investment criteria
One person can influence a regional town. We have seen it with Margaret and with Nathan Birch. They have enough pull to create their own market force and with more people coming in prices naturally go up, giving equity gains and perceived CG to those already in. Is it long term sustainable? That is a question everyone has to ask themselves when they choose to follow someone.
What about in Brisbande QLD area ? is it yes or no for investing ? (no OTP for sure, because Michael Yardney said so for savvy investor)
i dont think its moved much in the last 6 months or so..but prior to that when the dual express way came onlines yes..you should still be able to get 6.5% or so...something like this is pretty good imo..prob get 290$ rent, its even in the medium density zoning area
She owns property in Armadale WA, Logan, Elizabeth, Hackham West. She looks for decent yields aswell as potential long term growth.
Yardney buys close to the city in Melb, Sydney and Bris.
Terry Ryder throws a dart at a map of Australia for his next picks.
As far as who has the best portfolio.
1. Yardney
2. Lomas
3. Ryder
Yardney buys close to the city in Melb, Sydney and Bris.
Terry Ryder throws a dart at a map of Australia for his next picks.
As far as who has the best portfolio.
1. Yardney
2. Lomas
3. Ryder
Thanks for the summary mate,
However when reading this forum, some Inner city areas are already over priced and over stocked.
Where the expressway finishes is Old Noarlunga. From memory that got 12 or 14% growth in past 12 mths.
I think Michael has been doing it for longer ( 30 plus years ) . He was also a Dr before he was struck off the medical register ( that info is in public domain - early 2000's ) so he had the initial advantage of a high income so he could afford to carry properties with lower yields initially .
In a recent email , he said that he also uses money from a LOC to make any short fall , but that assumes that you have available equity to use like that .
We bought a town house in manly , Queensland in late 2013 and I was interested to note tha metropole was the previous owner .
Cliff
From what I've seen Yardney is more for places just outside CBD's with higher density and lack of land = growing prices
Not a bad strategy I guess but they aren't cheap to buy
Upon following Lomas 20 must ask question book, hackham ticked the boxes for me back in 2013 now it's on her recomened places.
Not a bad strategy I guess but they aren't cheap to buy
Upon following Lomas 20 must ask question book, hackham ticked the boxes for me back in 2013 now it's on her recomened places.
