.G’day,
I currently have a property in Newtown Sydney and are particularly interested to know the thoughts of investors with regards to the market in Newtown. Whats the general feeling out there, should I hold the property or sell. I really haven’t seen any significant spike in this area yet.Any info would be great
Think back to the houses your parents sold & ask yourself was that the dumbest thing they did or what?
My parents sold a house in Blacktown for $14K, Baulkham Hills $70K, Rockingham WA $38K, Warnbro WA $42K, Malibu WA $98K, 2 acre block & home in Golden Bay $250K.
Dumb or what?
The property guru Dolf De Roos speaking from the Trump university on real estate investing has bought literally hundreds of properties & has sold only 4 in his nearly 30 years of investing, & guess what? He REALLY regrets selling them.
Have you ever met anyone who sold a property over 10 ago & said “boy I’m glad I still don’t have that property”.
Love to share my opinion, good luck.Hi Canada,
I agree with Solomon. Don’t sell unless you have a good reason to sell. Especially if the property is not costing much to hold on to. The Sydney Market has softened significantly. Try and sell near the top of a boom if you can wait for it to happen again.
“Buy in GLOOM-Sell in BOOM”
Todd Burns
http://www.freepropertyhelp.com.au
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