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PK is the real deal. Best real estate "guru". Not that he claims he is a guru. He's by far the most informative, from 0 to 100. I have used his course to buy my first IP, it's increased value by $170k in 3 months. Best course I've ever invested in and I could not recommend more!!
Love the first point. Cut your losers, ride your winners. Too many people hold on their investments in the 'hope' it'll catch up. Unfortunately hope is an emotion and emotions have no bearing on reality.
Very sad system when a house doubles in price in two years and a 10 or 15% rise is considered bad and you should sell. Very unfortunate for future generations. Our kids are basically screwed. Disclaimer, I own 5 properties. But I can still see how bad housing has become
It's very sad for the country as a whole. It has sucked and will continue to suck whatever remaining productivity is left out of the economy leaving nothing.
Selling could attract CGT. Can this be offset by buying another investment property using the capital gains from first property? Or one needs to pay tax on it.
i have a one ip in wanneroo baught in nov 2008 its almost double in value just this year ,gross yield id 8% with cashflow netrual gear,should i sell or hold for one or two year?
Hi mate, I’m not sure if you’re aware but Poland (of all places) is an advanced economy, so maybe stop inferring that it is somehow an economic backwater.
@PK what's your thoughts on Rosewood in Ipswich QLD. Bought a property there in mid 2023 when I knew nothing about real estate. It has gone up about 20% from the last valuation the bank did but just want to hear your thoughts.
Not with the mining loom china has built bigger mines else west coal is dropping off them regions have poped bub the people coming to aus don’t want to live that way to w Hot
