Ill do a more detailed blog on this subject soon.
For now...lots of investors appeared early in year but didnt buy. Now there is more competition.So they missed out ( See examples of good buys in my march Blogs, with photos.)
Real estate companies seldom leave "bargains" around like all the out of date investment books talk about. Not enough silly , distressed private sales to satisfy their demand. Everybody factors in adding bedrooms, putting on sleepouts, so few chances there. & several potential buyers for each etc. Ill talk about successful strategies for 2009 soon.
Meantime interesting Aussie web, found through twitter....http://positivegearingproperty.com/
Just dont expect this stuff to work on a well marketed property with a good real estate salesperson!
All may change with changes to LAQCs & deductions...we dont know yet.
Im also going to discuss "Buyers agents" ...in Wellington.
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