Property Investing phrases you dislike

Discussion in 'Investor Psychology & Mindset' started by Greyghost, 9th Jan, 2016.

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  1. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    The risk is often taken by a poor sucker. I have seen people lose $1mil to a developer for example.
     
    Terry_w, 9th Jan, 2016
    #21
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  2. LifesGood

    LifesGood Well-Known Member

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    When people give themselves the title of "Entrepreneur"
     
    Last edited: 9th Jan, 2016
    LifesGood, 9th Jan, 2016
    #22
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  3. Gockie

    Gockie Life is good ☺️ Premium Member

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    Paying off your PPOR is one thing... it's good to have some equity there as PPOR loans are not tax deductible. But paying off an IP seems like a waste of good leverage when you are in the portfolio building stage as an investor. Its not so good, will really slow you down (if you are very risk adverse... fair enough. But for me it would feel much too slow). When you are about to retire though, that's different. No problem with paying a few off then.
     
    Gockie, 9th Jan, 2016
    #23
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  4. Gockie

    Gockie Life is good ☺️ Premium Member

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    I tend to think OPM = Banks money. I have no trouble with that!
     
    Last edited: 9th Jan, 2016
    Gockie, 9th Jan, 2016
    #24
  5. Gockie

    Gockie Life is good ☺️ Premium Member

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    Me too if it's spelt "Entrepeneur".
    Sorry.
     
    Gockie, 9th Jan, 2016
    #25
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  6. LifesGood

    LifesGood Well-Known Member

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    That's even worse
     
    LifesGood, 9th Jan, 2016
    #26
  7. Whitecat

    Whitecat Well-Known Member

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    I've seen this a bit I think it's of OOs too
     
    Whitecat, 9th Jan, 2016
    #27
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  8. HUGH72

    HUGH72 Well-Known Member

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    "I'm risk adverse and only buy in safer blue chip suburbs' :p
     
    HUGH72, 9th Jan, 2016
    #28
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  9. MTR

    MTR Well-Known Member

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    yep blue chip is not effected when markets crash.......and pigs will fly:)
     
    MTR, 9th Jan, 2016
    #29
  10. Greyghost

    Greyghost Well-Known Member

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    This!!!

    Lol - we have exclusive access to the developer to ensure you get lowest and best price.
     
    Greyghost, 10th Jan, 2016
    #30
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  11. Propertunity

    Propertunity Well-Known Member

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    Institute.
    Little known secret.
     
    Propertunity, 10th Jan, 2016
    #31
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  12. Dmarkw

    Dmarkw Well-Known Member

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    "Time in the market, not timing the market."
     
    Dmarkw, 10th Jan, 2016
    #32
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  13. DaveM

    DaveM Well-Known Member

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    Yes there was a guy on another website (IT related) the other week complaining that IT contracting is dead and hes thinking about chucking it in because hes ONLY earning $1400 a day whereas he used to be able to get $2000 a day.

    Some ppl need to step back and look at what is reality for most of the population then assess where they're at financially.
     
    DaveM, 10th Jan, 2016
    #33
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  14. Omnidragon

    Omnidragon Well-Known Member

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    That's what people thought in Greece too. Until it seemed borrowing $4 for every $1 didn't seem that wise
     
    Omnidragon, 10th Jan, 2016
    #34
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  15. Scott No Mates

    Scott No Mates Well-Known Member

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    Built like a brick $#!+ house

    Detonate or renovate
     
    Last edited: 10th Jan, 2016
    Scott No Mates, 10th Jan, 2016
    #35
  16. JacM

    JacM VIC Buyer's Agent - Melbourne, Geelong, Ballarat Business Member

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    "Development Potential STCA", advertised on blocks zoned rural or semi-rural and which already have as much "development" on them that the zoning permits.
     
    JacM, 10th Jan, 2016
    #36
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  17. Sackie

    Sackie Well-Known Member

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    Property Investment Guru.
     
    Sackie, 10th Jan, 2016
    #37
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  18. Allgood

    Allgood Well-Known Member

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    'This one won't last.' ... so why buy it?
     
    Allgood, 10th Jan, 2016
    #38
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  19. 2FAST4U

    2FAST4U Well-Known Member

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    Location, Location, Location.

    Nothing wrong with location, but it ignores a lot of other factors. I know personally I'd rather have a nice house with a big block in a middle ring suburb than a unit or apartment in a blue chip suburb.
     
    2FAST4U, 11th Jan, 2016
    #39
  20. Charlotte30

    Charlotte30 Well-Known Member

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    "Make a great investment"
    My comment to that is, in whose opinion?
     
    Charlotte30, 11th Jan, 2016
    #40
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