Join Australia's most dynamic and respected property investment community

what are your investment strategies in Syd & Melb booming markets?

Discussion in 'Property Market Economics' started by evisional2, 16th Aug, 2016.

  1. evisional2

    evisional2 Well-Known Member

    Joined:
    4th Aug, 2015
    Posts:
    47
    Location:
    Melbourne
    What are your investment strategies in Syd & Melb booming markets?

    1. Keep cash and waiting until market correction
    2. Invest in other cities i.e Brisbane, Adelaide
    3. Invest in other assets i.e commercial properties, shares
     
  2. MTR

    MTR Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    7,339
    Location:
    Perth, Melbourne, USA
    Already sold out of Sydney market and reinvested funds

    Melb, sold 1 deve/starting another deve project , reinvest money in USA

    Currently investing/buying in Atlanta/Dallas USA market

    MTR
     
    ellejay likes this.
  3. Ghoti

    Ghoti Well-Known Member

    Joined:
    10th Jun, 2016
    Posts:
    124
    Location:
    Melbourne
    Looking for first IP in Melbourne. Still not comfortable with the idea of not being able to see/touch my IP.
     
  4. ellejay

    ellejay Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,115
    Location:
    Kimberley and NZ
    Melbourne would be my only pick in Aus market regardless of where I was living.
     
  5. ellejay

    ellejay Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,115
    Location:
    Kimberley and NZ
    I still think areas of Melbourne are undervalued so wouldn't be hanging around for a price crash or spending similar $s in cheaper cities with a much longer term view in the hope they'll boom today anyway.
     
    Cactus likes this.
  6. Cactus

    Cactus Well-Known Member

    Joined:
    18th Jan, 2016
    Posts:
    986
    Location:
    Melbourne
    I'd love to hear more about this. I always though I had missed the US opportunity.

    What sort of dollars are you investing in home there now and what returns do you achieve?

    What exchange rates do you achieve?

    Do you use a BA and buy site unseen?
     
  7. MTR

    MTR Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    7,339
    Location:
    Perth, Melbourne, USA

    I will start a thread soon and it's not too late.
    I am just not ready yet as still securing stuff
     
    Magnet and Cactus like this.
  8. Leo2413

    Leo2413 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    5,726
    Location:
    Sydney
    Just buy in other states, other markets, other suburbs that are 7-9 o'clock and offer some good value/deals/buy in prices whatever your strategy is. That's all I've ever been doing.
     
  9. Cactus

    Cactus Well-Known Member

    Joined:
    18th Jan, 2016
    Posts:
    986
    Location:
    Melbourne
    Look forward to it. I was not financial to do this 3 years ago when I thought it was a great idea.
     
    MTR likes this.
  10. Greyghost

    Greyghost Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,259
    Location:
    Melbourne
    Why?
    In hindsight it is one of the best decisions I made. With the right professionals in place it can take away the "self talk" that comes when you see a property. I wouldn't have bought the 2 properties I did with my tolerance level at the time.