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

24,895 Posts.

1421

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

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

IMU

Imugene kicks off Australian trial for blood cancer treatment

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

HotCopper Highlights: Your most watched and most discussed stocks this week

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump is President Again: What Does This Mean for Crypto?

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

First 33 Last