Hi
I’d like to ask – if you were going to invest primarily for capital gains in the next 18-36 months where would it be? Now I am a huge advocate of =CF properties and have some but I ma very curious to get peoples opinions on where the largest capital gains are likely to be had. I have been looking at several SE QLD suburbs but amd still a little unsure.
Thanks for your comments in advance
DKFChuckles
Hi Bang,
Investing for gains with such a short time frame is a little optimistic in my opinion.
Certainly the fundamentals in SEQ are there but not for the timeframe you are seeking.
Derek
[email protected]Property investment advice and researched property in quality locations available.
There’s a strong poosibility of a negative CG in that time frame. Transaction expenses will almost certainly make it so.
Chheers
I’m gonna go out on a limb and say Mt Gravatt!!! [8]
Not in reidential or commercial real estate, that’s for darn sure![blink]
Hey Chuckles,
Do you mean you want to BUY sometime within 36mths, OR do you want to BUY AND SELL within 36mths?? [confused2]Not much chance of CG with 36mths if you want to get in AND get out.
So I assume you mean you will buy within 36mths and HOLD for CG sometime in the future[nice]
If my assumption is correct, you might like to read (if you haven’t already) Peter Spanns book: $10million property portfolio in just 10 years.
It teaches you how to identify areas which are set for CG. I found it very interesting.
Regards,Sharon
Im with WayneL. (Waits for the 1st of March
“Never argue with an idiot, as they will bring you down to their level and beat you with experience”
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