Top five worst property investment ideas

Discussion in 'Investment Strategy' started by yuefu, 27th Aug, 2015.

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  1. yuefu

    yuefu Member

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    yuefu, 27th Aug, 2015
    #1
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  2. D.T.

    D.T. Specialist Property Manager Business Member

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    I like how they specify over priced OTP. Over priced anything of any type is a bad idea.
     
    D.T., 27th Aug, 2015
    #2
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  3. Tekoz

    Tekoz Well-Known Member

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    Yes I agree for OTP apartment as Investment Property.

    But somehow people still buying into it in Australia.
     
    Tekoz, 27th Aug, 2015
    #3
  4. FireDragon

    FireDragon Well-Known Member

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    I thought student accommodations should be one of them?
     
    FireDragon, 27th Aug, 2015
    #4
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  5. Ace in the Hole

    Ace in the Hole Well-Known Member

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    How about parking spaces?
     
    Ace in the Hole, 27th Aug, 2015
    #5
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  6. Big Will

    Big Will Well-Known Member

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    Mining towns can be great if you get in before a mining town starts to boom and get out during the boom.

    However buying once a mine has started is unlikely to yield great results.
     
    Big Will, 27th Aug, 2015
    #6
  7. Chilliblue

    Chilliblue Well-Known Member

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    Parking spaces have been very successful the past few years.
     
    Chilliblue, 27th Aug, 2015
    #7
  8. Ace in the Hole

    Ace in the Hole Well-Known Member

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    Same could be said about mining towns in their day.
    Time will tell.
     
    Ace in the Hole, 27th Aug, 2015
    #8
  9. spludgey

    spludgey Well-Known Member

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    My number 1 would be "Buy a property in order to save tax from negative gearing".
     
    spludgey, 27th Aug, 2015
    #9
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  10. Azazel

    Azazel Well-Known Member

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    Time shares must be pretty good!
     
    Azazel, 27th Aug, 2015
    #10
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  11. larrylarry

    larrylarry Well-Known Member

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    A friend of mine is selling her 4 parking spaces. Council levies are increasing and getting expensive to keep.
     
    larrylarry, 27th Aug, 2015
    #11
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  12. Phantom

    Phantom Well-Known Member

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    What about an underpriced OTP? Wouldn't that make a 'good' property investment? :eek:
     
    Phantom, 27th Aug, 2015
    #12
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  13. D.T.

    D.T. Specialist Property Manager Business Member

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    This rustles my jimmies.
     
    D.T., 27th Aug, 2015
    #13
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  14. bobbyj

    bobbyj Well-Known Member

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    ATM machines
     
    bobbyj, 27th Aug, 2015
    #14
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  15. Scott No Mates

    Scott No Mates Well-Known Member

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    1. Tiny studio apartments/bedsits
    2. Cemetery plots
    3. Landbanking
    4. Publicly offered syndicated investment products
    5. Moorings
    6. Dual-key apartments
     
    Last edited: 27th Aug, 2015
    Scott No Mates, 27th Aug, 2015
    #15
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  16. Ace in the Hole

    Ace in the Hole Well-Known Member

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    If this is spreading to non-real estate, how about shipping containers?
     
    Ace in the Hole, 27th Aug, 2015
    #16
  17. Fungus

    Fungus Well-Known Member

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    Cause some people buy it to live in. Not everyone is out there investing...
     
    Fungus, 27th Aug, 2015
    #17
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  18. Tattler

    Tattler Well-Known Member

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    What about service apartments? I thought that is a no-no as well?

    About all those over-55 retirement villages, I always see them around. Is it considered as commercial purchase so standard property investment loan does not apply? Is it similar to service apartments in terms of fees etc etc etc?

    Surely they are ok to buy if you decide to live in it?
     
    Tattler, 27th Aug, 2015
    #18
  19. C-mac

    C-mac Well-Known Member

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    Added to mining towns would also be one-stop-economy towns
     
    C-mac, 27th Aug, 2015
    #19
  20. Bran

    Bran Well-Known Member

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    @Tekoz Ill do the sums between these and existing properties in the next while - buying within a certain public school catchment will be comparable, and perhaps cheaper than paying private school fees. Plus you get a free apartment in a desirable location
     
    Bran, 27th Aug, 2015
    #20
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