❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES 💡 Private Facebook Group With Over 50,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty 💡 Top Ranked No "BS" Podcast On Spotify/ Apple Podcasts/ Google 👉 consultingbypk.com.au/podcast/
PK is the real deal. Best real estate "guru". Not that he claims he is a guru. He's by far the most informative, from 0 to 100. I have used his course to buy my first IP, it's increased value by $170k in 3 months. Best course I've ever invested in and I could not recommend more!!
Love the first point. Cut your losers, ride your winners. Too many people hold on their investments in the 'hope' it'll catch up. Unfortunately hope is an emotion and emotions have no bearing on reality.
Great clip and very informative. What’s your general thought on selling an investment that has decreased in value in 3 years of ownership and is costing us $550 a week to hold. If we sell we may be left with a $40k mortgage on the property to still pay off.
Hi PK, Thank you for your informative series. I am a foreign investor. I have a rental investment house in Perth and 3 rental investment units in Melbourne. These were purchased over a period of about 17 years, from 1997. The house and 2 of the units are fully paid up while the remaining unit has an outstanding loan of about $30K at an interest rate of about 2.5%. In the last FY, Gross Rentals were about $105K and Gross Expenses were $67K, i.e. Nett Rent was about 38K, before taxes. While the house has appreciated since 1997, the current market prices of all the units are under water. I am now retired and was wondering if I should sell these properties as my family members don't seem interested in wanting to manage these assets in the future. Could you please advise what would be the best strategy to adopt, to retain or sell. If to sell, what should be my key considerations? Thank you for your time.
Very sad system when a house doubles in price in two years and a 10 or 15% rise is considered bad and you should sell. Very unfortunate for future generations. Our kids are basically screwed. Disclaimer, I own 5 properties. But I can still see how bad housing has become
It's very sad for the country as a whole. It has sucked and will continue to suck whatever remaining productivity is left out of the economy leaving nothing.
i have a one ip in wanneroo baught in nov 2008 its almost double in value just this year ,gross yield id 8% with cashflow netrual gear,should i sell or hold for one or two year?
Selling could attract CGT. Can this be offset by buying another investment property using the capital gains from first property? Or one needs to pay tax on it.
Not with the mining loom china has built bigger mines else west coal is dropping off them regions have poped bub the people coming to aus don’t want to live that way to w Hot
@PK what's your thoughts on Rosewood in Ipswich QLD. Bought a property there in mid 2023 when I knew nothing about real estate. It has gone up about 20% from the last valuation the bank did but just want to hear your thoughts.
Hi mate, I’m not sure if you’re aware but Poland (of all places) is an advanced economy, so maybe stop inferring that it is somehow an economic backwater.
❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES
💡 Private Facebook Group With Over 50,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty
💡 Top Ranked No "BS" Podcast On Spotify/ Apple Podcasts/ Google 👉 consultingbypk.com.au/podcast/
PK is the real deal. Best real estate "guru". Not that he claims he is a guru. He's by far the most informative, from 0 to 100. I have used his course to buy my first IP, it's increased value by $170k in 3 months. Best course I've ever invested in and I could not recommend more!!
Love the first point. Cut your losers, ride your winners. Too many people hold on their investments in the 'hope' it'll catch up. Unfortunately hope is an emotion and emotions have no bearing on reality.
Thanx bro PK. Excellent video. U are the best. Have learned a lot from u the past 3 years. Keep up the great work
Great clip and very informative. What’s your general thought on selling an investment that has decreased in value in 3 years of ownership and is costing us $550 a week to hold. If we sell we may be left with a $40k mortgage on the property to still pay off.
I think this is the best time to sell in SYD/MEL .
Agree, I'm planning to sell my Sydney Property .
@sameen-s4s i have been selling Melbourne for 1 year.
Hi PK, Thank you for your informative series. I am a foreign investor. I have a rental investment house in Perth and 3 rental investment units in Melbourne. These were purchased over a period of about 17 years, from 1997. The house and 2 of the units are fully paid up while the remaining unit has an outstanding loan of about $30K at an interest rate of about 2.5%. In the last FY, Gross Rentals were about $105K and Gross Expenses were $67K, i.e. Nett Rent was about 38K, before taxes. While the house has appreciated since 1997, the current market prices of all the units are under water. I am now retired and was wondering if I should sell these properties as my family members don't seem interested in wanting to manage these assets in the future. Could you please advise what would be the best strategy to adopt, to retain or sell. If to sell, what should be my key considerations? Thank you for your time.
Very sad system when a house doubles in price in two years and a 10 or 15% rise is considered bad and you should sell.
Very unfortunate for future generations. Our kids are basically screwed.
Disclaimer, I own 5 properties. But I can still see how bad housing has become
@@lengerer I agree… the market is wild these days
It's very sad for the country as a whole. It has sucked and will continue to suck whatever remaining productivity is left out of the economy leaving nothing.
Only thing preventing me from selling atm is the CGT given im about 2/3yrs away from retirement..not sure if this is wise. Prop in WA btw.
i have a one ip in wanneroo baught in nov 2008 its almost double in value just this year ,gross yield id 8% with cashflow netrual gear,should i sell or hold for one or two year?
Selling could attract CGT. Can this be offset by buying another investment property using the capital gains from first property? Or one needs to pay tax on it.
How about property older than 40 year old. Should be sold?
@@snehal6282 that’s not a criteria
Clarkson or butler??
@@Tingedarkensaw neither at this point of the cycle
@@AusPropertyMasteryWithPK gleneden and new auckaland in gladstone? Andergrove in mackay? Rocky?
Not with the mining loom china has built bigger mines else west coal is dropping off them regions have poped bub the people coming to aus don’t want to live that way to w
Hot
Need some advice from you please
@@epep9437 please join my fb group and ask lots of q’s
@PK what's your thoughts on Rosewood in Ipswich QLD.
Bought a property there in mid 2023 when I knew nothing about real estate. It has gone up about 20% from the last valuation the bank did but just want to hear your thoughts.
@@shadders2008 we haven’t bought there at all
Hi mate, I’m not sure if you’re aware but Poland (of all places) is an advanced economy, so maybe stop inferring that it is somehow an economic backwater.
Hi
Hi mate.
SELL your Aussy properties right now. Selling spree on the way!!
@@Rambo4ever bullshyte. Renters will be slaves to the landlord's.
Milk it😊