i make money in property even in this market, page-23

Nice One

I hear you mate, and im not afraid of the cycle effects. Should i feel the pinch i will take action.
No different to all others who have entered in to a lease agreement with a landlord and have committed to a business like a cafe or a restaurant or a mechanic. They have 5 - 10 year lease and should the business slow down as result of change of economy then they could lose their life savings and at times thats the family home.

Risk is all around us, when i hear this i tell people dont then cross the road in case you get hit by the bus. Whats next dont leave your house,

Its all about knowing what you do, and should you fall on your ass, keep your head straight and get back up.

People panic and think that we are about to go through what US has in the past 4 years. Now i had property, i survived the GFC, im sure i will live through this as well.

Its all about how much you can take, it really dose take a lot of brass.

Gone the days that i would commit to buying a property the conventional way. I now option all my deals or i walk. A call option on property gives me all the control less the risk associated with the deal. Long story some kids here would be scratching their heads and say what? Call options on property, yes we also have put options and call and put option combinations.

Business is business you have to do what it takes to make a dollar, i will take calculated risks but i want the seller to share the risk if he/she wants the price they are asking for.

This current market climate is making life so much easier to use this strategy, as i dont have to compete with the mums and dads, they have just handed over the whole property market to the elite and once they are ready to buy back in they will pay not todays price but an extra 20 to 30 percent more. Have a look at Melbourne market back in 2009, we had a slow time and then a rush = to 19% jump in the housing prices.

No different to the stock market. Who buys on top, mums and dads.
Who buys on the bottom the elite. And then sell back to the same mum and dad on top again.

I know people who made 600-700k on stock markets and then ended up losing 300k of their own money once it all went south.

I have seen RIO at 150 what is it now, half.
Whoever has been conditioned by the stock market and thinks well there should be a easier way, they turn to property. But one thing they dont forget they bring along all of the bad habits with them, they over analyse the market. They wait 10 years and hope it will come down and when it keeps going up they kick and bash it all and they say bugger i just take a bite. thinking they will make gazillion dollars in a couple of years. They start trading the property market like a share. and get burnet.
Know the game, Know the rules, Know the players, and respect the rules and other players and you should have a good ball game.
No different in property, its the same as rugby, if i dont understand the rules and dont know the game i would be stupid to play as i could be killed.

I certainly dont bash what i dont undrestand.