SiteManager replied to the topic Selling Off The Plan apartment before completion in QLD ? in the forum Help Needed! 5 years, 9 months ago
@Nigel-Kibel Well I guess they’ve just tricked me to buy this property for the sake of Tax benefits / Depreciation purpose.
Hence I can only wait until 10 yrs before it is Cashflow Positive.
Because the suburb is close to the CBD hence it will increase in value for sure according to them.
Ben replied to the topic Buying Property/Holding property during a recession in the forum General Property 6 years ago
Thanks a lot for the answers guys. I appreciate all the comments and have taken them on board. Its good to hear some real life perspective.
@wiggles2 Thanks a lot for the link I will have a look into this and try and get in touch with Olly, his advice on the local market here in NZ would be incredibly valuable.
Alexa replied to the topic Is Buying a Condo a Good Investment in the Philippines? in the forum Overseas Deals 7 years, 2 months ago
As @Nigel-Kibel mentioned, yes corruption is really big in the Philippines but if you really want to invest there, you have to make sure that the developers have a good and solid reputation. Say hello to beaches and 24/7 warm weather as this is what’s in store for you in the Philippines. :)