Anyone selling?

Discussion in 'Investment Strategy' started by MTR, 15th Sep, 2015.

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  1. Gockie

    Gockie Life is good ☺️ Premium Member

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    Fair call. There's probably no more or little CG to come for next few years, so taking the money now and running is a reasonable action to take!

    I've got a PPOR and IP to sell - the IP should be fine as that is currently still in a strong performing area and it's in a price range that suits everybody's budgets but I imagine the PPOR won't necessarily be a piece of cake to sell for the amount I want for it. Nice area but I believe all the steam in the market has gone. Still, there's been so much CG since purchase and its virtually paid off... :D

    Not in a rush to sell, but I'd love a couple of interested buyers (or any serious buyers to think that there are other interested buyers) to then decide that a mini bidding war is required to seal the deal!
     
    Gockie, 10th Jan, 2016
    #41
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  2. MTR

    MTR Well-Known Member

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    you are in an enviable position so you have choices, damn now it gets confusing:)
     
    MTR, 10th Jan, 2016
    #42
  3. Mumbai

    Mumbai Well-Known Member

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    I was in the same conundrum about selling my Sydney property(ies), but my gut feeling said NO. So, not selling.
     
    Mumbai, 10th Jan, 2016
    #43
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  4. MTR

    MTR Well-Known Member

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    Bump

    Anyone sold up, moved on taken profits?? Where did you park your money??

    MTR:)
     
    MTR, 30th Aug, 2016
    #44
  5. Beano

    Beano Well-Known Member

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    If the properties are cf+ (based on 100pc borrowings) then i would just hold.
    However if something comes up ...and i run out borrowing capacity that may well be a different story (that day has not come yet)
     
    Beano, 30th Aug, 2016
    #45
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  6. Cactus

    Cactus Well-Known Member

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    I sold all 4 in my unit dev OTP in Dec/Jan/Feb hoping to settle them in September.

    Currently selling 1 10/90 H&L OTP and 1 2-part H&L package OTP.

    Currently landscaping & leasing 2 brand new H&L builds.
     
    Cactus, 30th Aug, 2016
    #46
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  7. MTR

    MTR Well-Known Member

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    That's brilliant, will you reinvest profits back into Melb market?
     
    MTR, 30th Aug, 2016
    #47
  8. Cactus

    Cactus Well-Known Member

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    They are already all committed forthcoming settlements in Nov/Dec and Jan.
     
    Cactus, 30th Aug, 2016
    #48
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  9. josh123

    josh123 Well-Known Member

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    Selling ppor soon waiting for the renos to finish. Iv had agents ringing me everyday to give me the hurry along haha. Thinking of going down the path of selling myself ( done this twice before awhile ago), I can't justify the hefty fees. Sydney's south east is still red hot.
     
    josh123, 30th Aug, 2016
    #49
  10. craigc

    craigc Well-Known Member

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    Sold Hallam T/H IP good result and selling reno'd PPOR soon to purchase & cosmetic Reno another PPOR purchased under market value in Endeavour Hills.
     
    craigc, 30th Aug, 2016
    #50
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  11. drg86

    drg86 Well-Known Member

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    About to flick my regional NSW IP to fund a new build.
     
    drg86, 31st Aug, 2016
    #51
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  12. samiam

    samiam Well-Known Member

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    could you pm me the link? looking to buy :D
     
    samiam, 31st Aug, 2016
    #52
  13. SOULFLY3

    SOULFLY3 Well-Known Member

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    Also about to list 2 ;)
     
    SOULFLY3, 1st Sep, 2016
    #53
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  14. WallyB66

    WallyB66 Well-Known Member

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    Hi- selling house at Bella Vista - mainly to fund my new lifestyle- sleeping in...
     
    WallyB66, 1st Sep, 2016
    #54
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  15. Bran

    Bran Well-Known Member

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    Yep, selling one now. Will make a loss, but releasing it in case it impacts serviceability on a commercial purchase
     
    Bran, 1st Sep, 2016
    #55
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  16. devank

    devank Well-Known Member

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    We sold one Western Sydney (~1mil) and replaced with 2x Brisbane (~800K) + 2 x Adelaide (~400K). Now waiting for them to double in five years :)
     
    devank, 1st Sep, 2016
    #56
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  17. samiam

    samiam Well-Known Member

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    on my way
    how's your melbourne adventure?
     
    samiam, 1st Sep, 2016
    #57
  18. MTR

    MTR Well-Known Member

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    very wise
     
    MTR, 1st Sep, 2016
    #58
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  19. devank

    devank Well-Known Member

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    Bought a Townhouse in Pascoe Vale. Settlement is in a month.
    There are few unnecessary challenges.
     
    devank, 2nd Sep, 2016
    #59
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  20. jim1964

    jim1964 1941

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    jim1964, 2nd Sep, 2016
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