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‘Our biggest investment mistake’

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Your Investment Property | 13 Sep 2012, 11:59 AM Agree 0
Gary and Annette Moss reflect on the mindset that led them to buying a dog investment a few years back, and how some of the decisions they made are coming back to haunt them
  • Jeano | 13 Sep 2012, 11:04 PM Agree 0
    If it is not brand new could you add value in some way, or rent to own?
  • steve burley | 14 Sep 2012, 04:24 AM Agree 0
    have you considered trying to sell the problem property on a rent and own stratergy.
  • Property Mavens | 14 Sep 2012, 11:02 AM Agree 0
    It is evident that Gary and Annette didn't do adequate research in the first instance, otherwise they would have been aware of the oversupply of apartment stock and possibly not bought.

    Whilst it is good news that they are now investing well and generating a better result, the one size fits all approach of positive gearing doesn't necessarily suit everyone's investment strategy as it can often be at the expense of capital growth. A tailored investment strategy is the most appropriate way to go for investors which can allow for a mix of strategies that take into account the investors end goal, risk profiles, financial circumstances and age (timeframes).
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