- Joined
- Dec 30, 2010
- Messages
- 12,730
- Points
- 113
In the meantime, all is silent on the western front.
Silence is golden?
Silence is golden?
I have never gone wrong with property. I made money in Singapore. I moved to Perth and made money there too. I then moved to Sydney and that was an even bigger windfall.
I then moved to Auckland and all my property investments have doubled in value since 2007. I have not sold anything yet but the yields are good.
Just buy the worst property in the best neighborhood. You won't go wrong. The market will have its ups and downs but as long as you're not overgeared, all you have to do is wait till the market reaches the point where you feel like taking profit.
Don't over analyse and don't be greedy. It doesn't matter if you sell too early. Nothing beats money in the bank.
that's a death trap place. same like go JB.. mugging shooting n car jacking.
that's a death trap place. same like go JB.. mugging shooting n car jacking.
Detroit has lots of cheap properties for sale ...even from $1.
Sam Leong boasts about the successes of his property investment and asks that people should go buy out distressed properties. So, I am wondering when is he going to pour in millions to buy properties in Detroit where it is soooooooooooo cheap.
There is tons of cheap property in Auckland too. It's in areas of South Auckland which I wouldn't wish upon my worst enemy.
When I arrived in Auckland the first thing I asked the housing agent was to take me to them most expensive area overlooking the harbor. I bought the cheapest house with a good view for $495,000. It has now doubled in value.
Leongsam will get raped there. No need seatless bicycle.
You should cash out before the bust.
You should cash out before the bust.
I like the house. If there's a bust I'll just wait for the next boom which will take prices even higher.
You may not live long enough to enjoy the next boom ...unless you have signed up for the LKY longevity project.
If I'm dead it doesn't matter anymore does it. I'm not going to starve just because I missed a boom cycle. It's the house I live in and my intention is to die in it anyway.
that's a death trap place. same like go JB.. mugging shooting n car jacking.