Shhh!!!! The market is sleeping....

Property investment land is a funny place. One minute, you are running off to KFC, blabbering off about how well everything is going, the next, dark clouds gather, the day turns gloomy and you wonder if you will make it through the day with a cent to your name. The market has been very very (and just in case you missed it the first two times, VERY) quiet. A few of my real estate buddies are reporting quiet times and in Ingham, where there are 6 agencies, re.com.au is only indicating TWO SALES PER MONTH!!! I wonder how long before a few of them will shut.

I do see light at the end of the proverbial tunnel. If interest rate rises finally stop this month, investors will jump. Yes, the share market is up the shit, but who cares? It's volatility is having an impact but investor sentiment regarding property should be high, especially after seeing how the market battled through the GFC strongly.

So one day, it's sleepy and not a lot of action, the next, perhaps after an interest rate announcement, KAPOW!!!, things will move again. It's the up and down tipsy turvy world that is property investing.

A bit of action around the two cheepies I have for sale, but I don't count sheep until they're in my bank account.

Ciao...

Another one on the market.

The time has come to offload another one of our properties, this time a very well positioned little gem in Invermay. It needs a bit of work, I'll be the first to admit, but it's still an excellent bargain for an investor. I think the price is right...it's renting quite strongly and the recent improvements and maintenance means it will be a solid performer for an investor.

PS. I have my eye on an absolute bargain. I won't give away details, but lets just say it would be what I like to call a "low risk gamble."

Until next time fellow investomites...

Just thought I'd throw this in....

KFC is awesome, so this has to be included here...property investing is augmented by the consumption of KFC. Oh, and the Colbert Report is hilarious...