Andrew's current thoughts

Andrew's Thoughts

Please note: The recommendations/views made here do not constitute financial advice; please speak to a financial planner before making any decisions.

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




Saturday, October 22, 2011

Tassie is GOOOONEEEEEE!

We have a contract on our block of land down in Tassie! It should go through no problems and, by the start of November, our consolidation phase becomes a reality. I hope to pay down our mortgage on our PPOR, with a view of increasing cash flow and a change to my investing strategy. I have been talking about this for a while and it's great to finally see the 'cash' materialise. We have also had some interest in our Ingham house, so hopefully things start moving forward even faster!
from the head of on Saturday, October 22, 2011
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