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

I recon your interest rate raises are on the low side.Inflation...

First 15 Last

Share
Profile

Follow
wiskers

1,195 Posts.

26

13/04/22

09:10

Post #: 60821977
Share

Originally posted by Starline: ↑

I cannot offer anything specific except just research as much as you can without getting too complex.
Consider the state of the market and where it may be going and whether it's better to wait or make a lower offer and secure it now if it's a good deal.I mean if the market dropped 10-20% that is an average and a $350k property may not drop much if it's cheap right now.
If fair price and a good return and easy to rent then would it matter if it dropped a little in value?It may not at all so I am just saying so in your mind you are content should it happen.

Be aware of agents fees,rates,landlord insurance and maintenance costs and don't even think of renting it out privately.A good agent that is on the front foot with rent arrears and does 6 or 12mnth inspections.

Allow for a 1-2% interest rate rise just in case and ask around and listen to all opinions whether positive or negative including any rubbish you get from in here.

Then make your own decision based on that.

Expand

I recon your interest rate raises are on the low side.

Inflation in the US is 8.5% for March.

The best way to reduce inflation is lifting interest rates

But run your own race
Upvote

Reply

Top Stories

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

RCE

Recce's R327 found effective against E.coli during clinical trial

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Microcap Wrap: 5 explorers with news out today

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

There are more pages in this discussion • 4 more messages in this thread...

First 15 Last

SPONSORED BY