Australia's largest stock trading and investment forum Australia's #1 stock forum

Property Investors jumping ship, page-33

First 33 Last

Share
Profile

Follow
Bunn-Wackett

24,525 Posts.

1401

24/12/23

17:41

Post #: 71611716
Share

Originally posted by kingpins: ↑

Hi MS
I have mentioned before one of my previous hats was as a licensed RE Agent and many people would come in the door and make a statement, I want to buy an investment property!
But when asked what was their investment plan they would say just give me the cheapest you have on your books

And 70 year olds who were buying for capital growth, when they should have been buying for cash flow
So I have been left with the opinion that about 60% of so-called investors in property were going to head for a disaster and should just leave their money in the bank

And then you get to the point of asking investors what return they get from their property investment and they quote the rent, but do not have a clue of the net return

And before any posts re the character of R E Agents
It is a chicken and egg question eg policeman turn into criminals in many cases because that is the world they work in same as RE where you have to deal with lying cheating clients all the time

Expand

lying and cheating clients hahahaha… you’d be in your element then.

i note your colleague has brought his disturbing plays he uses in the political threads over here now. who thinks like that? it’s not normal…
Upvote

Reply

Top Stories

BUX

Buxton projects new graphite province discovery at WA Narryer play

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

There are more pages in this discussion • 42 more messages in this thread...

First 33 Last