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Updated about 3 years ago on . Most recent reply

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2
Posts
1
Votes
Campbell Reid
  • Gold Coast Australia
1
Votes |
2
Posts

What to do during a boom

Campbell Reid
  • Gold Coast Australia
Posted

Hi. I’m an aspiring real estate investor on the Gold Coast, Australia.

I’ve found that no one has seemed to talk about a crucial topic I wish to hear is what to do when there is a boom happening (prices crazy high).

At the moment in Australia, rents are high, and so are house prices. If I’m trying to buy a property now, using the rent potential for now, won’t I lose money once the price drops and the rental yield decreases?


Getting started in investing is quite stressful but I want to make it work.


Thanks

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