I was on holiday last week went to Singapore and like it there very much so I decided to live there for a while! Annual leave has been extended for 1 year.
“Money is a currency, like electricity and it requires momentum to make it Effective”
I noticed other day and asked you also in of the post that you have crossed the 500 suddenly without anyone noticing! I think now we are waiting for you to get 1000! []
Cheers
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PropertyGuRu []
Redwing will hit 1000 post soon by doing the chan chan’s dance…lol
Yes while living there you should add as much as value to the property, but for me I would not want to sale it. I would then get a valuation done to the property, draw down the equity for the next purchase. Move to the new property and rent out the previous one. By doing this way you will accummulate your property portfolio much faster.
Yes this seems like a great idea, Chan, and you avoid the costs of selling this way plus get to keep the property. I think I’d prefer that myself.
However it may also depend on the person’s serviceablity and whether the property would be negatively geared.
Probably depends on the area/location and personal circumstances which one would be the best strategy for each individual.
Happily agreed because if the property is heavily negatively gear then it would be better to sale it otherwise keep it would be the best.
I attended a preview night of Nouve Riche (america) about a year ago where the REAR software was introduced, to me it was no better than Jan Sommers professional PIA although the sales pitch was good. I personally am a fan of learning from locals and believe that Australians should be selling to Americians. I believe that the Wildly Wealthy Women are selling the same package which has a $1500.00 commission built in so to me it is $1500.00 overpriced, look locally including this site and Steve you will save a lot of money learn the same stuff with out the rah rah … [email protected]
The other cheapest way for similar software is to use ez-rent which is for free or if you have time create your own that way you got what you want it to be.
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Add as much value as you can when living there for that 6 or 12 months, then sell and start over again-in a slightly better value property- that is if you like re-decorating of course.
Yes while living there you should add as much as value to the property, but for me I would not want to sale it. I would then get a valuation done to the property, draw down the equity for the next purchase. Move to the new property and rent out the previous one. By doing this way you will accummulate your property portfolio much faster.