My friend asks me is this too late to get in
property market? It is too hot now? Should I wait for its correction /
cooling down?
My answer is : anytime is good timing and bad timing, it depends on your knowledge, experience and strategy.
It is not about timing the market. It is about time in the market. You need to develop your property investment strategy before stepping into the market.
Buy and hold for capital growth. How much excess cash you have allowed you to be negative gear?
Renovation for profit, do you build up enough knowledge and experience to find the potential high value project?
Finance the property – do you have great communication and negotiation skill and willing to understand people issue and offer the solution?
If you are ready for your property investment strategy, it is never too late to get into the market.
My answer is : anytime is good timing and bad timing, it depends on your knowledge, experience and strategy.
It is not about timing the market. It is about time in the market. You need to develop your property investment strategy before stepping into the market.
Buy and hold for capital growth. How much excess cash you have allowed you to be negative gear?
Renovation for profit, do you build up enough knowledge and experience to find the potential high value project?
Finance the property – do you have great communication and negotiation skill and willing to understand people issue and offer the solution?
If you are ready for your property investment strategy, it is never too late to get into the market.
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