Do any of you concentrate on only 1 or 2 Suburbs?

Discussion in 'Where to Buy' started by Darlinghurst Boy, 29th Jul, 2015.

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  1. Biz

    Biz Well-Known Member

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    #Thuglife
     
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  2. GoOnAndTell

    GoOnAndTell Well-Known Member

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    yep more or less playing in 1 town and 1 suburb.
     
  3. HUGH72

    HUGH72 Well-Known Member

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    I think there is a difference between specialising in an area while buying there and only ever buying in the same location over the long term (10 years+).
    Becoming well versed and knowledgeable about an area's prices achieved, rents and streets etc is logical and allows you to buy well but this is different from ONLY buying in the same few suburbs ever.
    Restricted yourself to one or two locations limits the ability to always have something growing, gaining equity.
     
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  4. Johnny Cashflow

    Johnny Cashflow Well-Known Member

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    Yea I do, am in the process building up some good cashflow property's before I buy bigger CG so whole portfolio is + or neutral
     
  5. D.T.

    D.T. Specialist Property Manager Business Member

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    Sounds like a good plan!