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  1. R

    Purchased the wrong investment property with instant regret before settlement

    @homeowner Because he is speculating with a human need, and because he can’t even times 4 the weekly rent and compare it with the mortgage repayments, he was hoping to flip it for a quick buck in a few years. It was never about making the stock available, it was about profiting from a basic need
  2. R

    Purchased the wrong investment property with instant regret before settlement

    @enoughhomeless I think you bought housing as an investment in the middle of a housing crisis so you get what you deserve. The best way to reduce losses at this stage is that you go buy a few books and read up a bit so you don’t stuff up again in the future.
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