All Topics / General Property / II second solution

Viewing 4 posts - 1 through 4 (of 4 total)
  • Profile photo of WallFlowerWallFlower
    Member
    @wallflower
    Join Date: 2004
    Post Count: 205

    Do you think we are making a god out of the ’11 sec sol’. really if your’e say 10-20 grand out,isn’t it better to get in and start your investing rather than waiting for perfection every time?

    Naive ?
    WF [:I]

    Profile photo of yackyack
    Member
    @yack
    Join Date: 2003
    Post Count: 1,206

    Its just a rule of thumb. I have doubts it applies today. I have never used it.

    I invest for growth and work out what I can afford.

    Profile photo of bluecatbluecat
    Participant
    @bluecat
    Join Date: 2004
    Post Count: 106

    Hi,

    It was just a rule of thumb for the invester who created it – it helps to have something liek this in the start so you can narrow down your search – again probably for that time and state of the property market

    like anything you have to evolve the process

    cheers,
    bluecat

    Do today what you want to do tomorrow

    Profile photo of The DIY Dog WashThe DIY Dog Wash
    Member
    @the-diy-dog-wash
    Join Date: 2003
    Post Count: 696

    I still use the 11 sec rule as my minimum criteria for a property as I invest for cashflow so less is not acceptable … but it is up to each individual as to what their own minimum is if a lower return is acceptable to you then find a way of working out your own rule that helps to guide you.

    Cheers
    LEigh K[:D]

    Carve your own path and lead the way …

Viewing 4 posts - 1 through 4 (of 4 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.