a mate of mine is in the process of sprucing up his house for sale, hes not doing much to it costing him bugger all. hes selling to upsize for there now bigger family
He bought the house 5/6 years ago for around $200k in perth and is hoping to get $410k+ for it (i personally think in his suburb he can get $435k+)so his gain is not bad. problem is hes had a idea that instead of buying a bigger property he is thinking of renting for 6 to 12 moinths maybe longer to see if the market drops.
And the question i asked him is what if the market goes up?
