Easiest way to make $1,000,000 from property

IMO that is a nice ranking system.
There are many approach to investing and no set rules on how to invest.
From one end to the next - yield play 100% to capital play 100%.

Personally I fall into the latter. 60%-70% capital play, 30% yield.

 

100% agree...this is where I am....well more like both. I am doing this by creating equity as well as 6% plus returns.

Having said that...this also lends itself to setting a clear exit strategy! I am doing this because you can easily lose 15-20% of the gain on a downward cycle...not a biggie if you have made 80%....but I prefer to use this as the CGT contribution and then go gain in another market.

 

Yes but for many to save the deposit, go through the buying process etc getting the loan....it can be hard work.

Imho it's not very often folks make easy money with very little effort spent. For most people, somewhere along the line, sacrifices were likely made with a decent amount of effort put in. Plus taking on market risk.

 

Not $1mill, but they haven’t even settled the property yet:
Sydney couple resell townhouse nine weeks after buying it for $600,000 more than they paid - realestate.com.au

 

Well, get your initial deposit. Buy a house in Sydney. Let the market do its thing. Its not so hard with Sydney houses.

 

Unless you buy at peak

Booms do not last forever. People have short memories, Syd had a 7 year flat cycle at one point 2006-13????, and even some blue chip areas went backwards

 

My mum bought a property in some ****** little town and 25 years later it's still worth the same amount.

7 years is not a long period for anyone who has been around for a while. I can weather 7 years. If you invest passively like I do, then it comes and goes in a blink of an eye. 25 years however, that I don't have the appetite for.

 

yes, so time in the market, or timing the market…… that old chestnut

Most investors are buy and hold, u cant sell everything …. At the end of the day you need income

 

Easy money if you can manage to time the market...very hard to do...but i see many people doing it like yourself, @Sackie , @sash . It requires to work on mindset and research skills but can be done.

 

Hey don't jinx Brissy, we got another 24 years of boom to go

 

Yeah you need mindset alright...people telling ya it ain't gonna work...too much land..blah...blah blah......then the best part if people expecting you to tell them.....the places you are buying when you have not finished.

I have made a few mistakes but nutin fatal...those experience have taught me well. These ones now rapidly going up...time fixes everything but to me 5 years is long time...I am an impatient git...I am guv.

Having a laugh when I literally pointed out where to buy in Geelong...2 who I told went down there and saw all the land and turned back. That was back when 400sqm blocks were 145k...now they are 350k plus....only 5 years ago...what can I say....build would have cost about 350k...now about 680-750k.

 

What if person has bought same house in 2002? No movement till 2012 or 2013. Its most likely that person will be frustrated with property investment and will look for other areas to make money. Point i am making is property does not go up all the time. So Buy&Hold does not work every time.

 

It aint gonna work

 

That was from someone who did not own anything....

 

that was my parents' place... bought in 2003 for 420k, still about the same in 2012... now finally over 700k... luckily I was too young to understand anything about property and now I can take on that lesson about the Sydney market...

 

Why did they turn back on the land??

 

It it’s still gone up from the last peaks.

But yeah, I bought my first place in 2005 and that did nothing till 2009. Then all of a sudden….

 

Apparently...with that much supply of land land will not go up.........the rest is history

 

omg where is this town ? :O

 

Does this strategy still work today? Do you still follow this H&L strategy?