Cash for failure: does it work?

Welcome to real estate Investments.
Share your knowledge & experience in real estate investing.
To view recent news items click on "new message".
Join in the discussion is free to sign up by clicking the "registration".
20-12-2010, 03: 18 PM Yes, I agree it's not just the time to market, but as the cycle property slower, you won't miss too much when you miss deadlines slightly (give or take a few months).

Safe route is the purchase price when you reset IE grow steadily, and sell at the cross roads when News papers and raging bull on TVs in property prices, concerns about debt/foreign issues.

But at the end of the day, you can't buy back what you sell, buy and hold works great until you want to cash out (some of your portfolio), quit your day job (unfortunately having a job is the best way to get the $ $ $ from the banks) and live on rent.

__________________
Beginner 21-12-2010 09: 57, AM I think Propertyreturns misses the point about parking cash from financing companies-essence, if you sell, you have to Park money somewhere, whether the stock market, term deposits, gold or other places-and that brings its own risks.

Time to market is impossible-a sharp decline for many years was on its way, but who knew June 2008 would be his? If you have seen it coming in 2005 and sold, you'd be twiddling your thumbs while watching everyone else makes cash for 3 years, while you were out of the market. I don't buy in 2007/08, not because I'm worried about falling, but because the numbers are not working.
How about dates? It's time to buy right now? Or should we wait until after China/Australia accident next year when New Zealand property shed another 20%? Cost of sale is very high with RE taxes, fees and taxes, etc., not to mention the time and effort and more fees to re-purchase later. Sale of lemons should be done as and when necessary, but if you don't get too will catch you need to ride out the storm. I know the "old-timers" who sell and "old-timers" who don't. They have different strategies and different types of properties, as well.
Of course this is my first recession, but with low interest rates in recent years, I have more cash than I ever was during the boom. Repayment of equity during the recession, my L/V ratio declined from approximately now 75% below 50% of my credits below $ 1mill is the first time in ages. Why would I want to sell?

View the original article here