[RavMember@ravJoin Date: 2008Post Count: 5]

March 11, 2009 - 11:43 pm

Scott No Mates wrote:

Playa Chicken wrote:

Anthony, what are your investing rules?

Steve's 1% rule is great, but what is YOUR rule?  What are your investing goals?  Defining these will help you know if buying this is a good deal or not.

Do some goal setting, decide what you're looking for and then go hunting, because when you run across it you will know, because it will "tick all your boxes".

Vicky

My rules: Location (well researched), potential (well researched) & price (well researched)

That is, find the area, get to know it, seek out properties which will be easy enough to improve (but not obvious to others) and know how much it is worth/what you are prepared to pay for it. Then negotiate.

Scott No Mates has the perfect rule.

[RavMember@ravJoin Date: 2008Post Count: 5]

March 11, 2009 - 12:22 am

I agree with freelance. If you can get students to rent, 4 bedroom is the way to go.

[RavMember@ravJoin Date: 2008Post Count: 5]

October 12, 2008 - 9:30 am

I agree to most of them on this post, its not the right to buy unless u come across a real Bargain. With predictions of further price drops, I personally would hang on for few more months.

[RavMember@ravJoin Date: 2008Post Count: 5]

October 5, 2008 - 5:21 am

I do agree with you stumpcam.
Cheers
Rav
ThePropertyDomain

[RavMember@ravJoin Date: 2008Post Count: 5]

October 2, 2008 - 2:12 pm

I do agree the property increases value as time passes by, but i've had always this thought that the cost of living etc increases aswell,  u know what i mean, its like comparing different times.

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