Jan Somers says you should buy quality properties whenever you can afford it, never sell, and just be patient.
Steve McNight recommends buying undervalued properties as quickly as possible during a boom. Then, when the dust settles and the good times are over, sell off the marginal/underperforming deals to reduce your debt/LVR.
I think using either approach or a combination of both could make sense - depending on the individual needs of the investor.
Steve McNight recommends buying undervalued properties as quickly as possible during a boom. Then, when the dust settles and the good times are over, sell off the marginal/underperforming deals to reduce your debt/LVR.
I think using either approach or a combination of both could make sense - depending on the individual needs of the investor.
