The problem with buying a bargain

When it comes to buying a property under market value or for a “bargain price”, we need to understand why the property is selling relatively cheaply and what implications this has for capital growth and tenant prospects. There are many reasons a property could sell for a significantly lower price than comparable properties for sale (or…

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Four common mistakes when setting bidding limits

Setting a bidding limit for an auction is no easy task. We can arm ourselves with as much information as we can gather through due diligence, comparable sales analysis, current market conditions and talking to agents, but we can never be completely certain of success on auction day Emotional buyers, surprise rock-ups (people who have…

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