News yesterday that there has been some interest in my block down in Lachlan, Tassie. I think it is priced very keen and hopefully this should mean I can start the consolidation phase of my plan to reduce my PPOR mortgage to a more affordable level. This would mean, financially, I can then start working on changing my circumstances on the job front.
Welcome. I am an Australian property investor sharing my thoughts as I travel through the 'property investor experience.' You will find blogs about agents, the property market, our own properties any anything else in between. Enjoy.
Andrew's current thoughts
Andrew's Thoughts
Updated: October 2011
First time buyers in low price bracket: hold or bargain very hard on prices
First time buyers in medium bracket: hold
First time buyers in high bracket: buy, bargain down prices
Investors: acquire for capital gain, hold: do not dispose
Middle circle suburbs around CBDs should offer good value.
Thinking of:
Upgrading to better PPOR: yes
Value adding/reno of IP: yes, tradies looking for work
Increasing rents: No
Wednesday, October 5, 2011
Subscribe to:
Post Comments (Atom)

0 comments:
Post a Comment