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  • Profile photo of adiadi
    Participant
    @adi
    Join Date: 2004
    Post Count: 2
    October 20, 2006 - 3:24 am

    Hi,

    Personally I would hold on to the property, because you do want to balance your portfolio and have some negative and some positive cash flow properties. I may be able to help you turn your negative cash flow property into a positive one. If you are interested, please contact me on 0416 127 211.

    Thanks,
    Adi

    AGarcia

    Profile photo of adiadi
    Participant
    @adi
    Join Date: 2004
    Post Count: 2
    March 31, 2004 - 2:10 pm

    Hi Damon,

    It sounds like you are in a great position, and isn’t it fun when you have to make a decision like that?

    I would definitely keep the properties if they are working for you – high capital growth, or cashflow, etc.
    I agree with some of the other responses, you should do something with the land. Either sell it, build on it and sell, or have you even thought about building your dream home on one of them?

    By the way, you should really think about what your dream home really means. Sometimes in life we think we want something and then we get it, we realise it wasn’t what we wanted at all…

    And after all of that, buy some more properties… and diversify the locations and types if you aren’t at the moment.

    Also, I wouldn’t worry too much about when to buy. When you are holding long term and buying good quality, it shouldn’t really matter.

    I hope you enjoy deciding what to do.

    Cheers,
    Adi

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