Another great property investors meetup yesterday at Ryde-Eastwood Leagues Club! A few vodka tonics, some great food and plenty of good property chats.
What's interesting is that while many investors are still taking a wait-and-see approach, others are quietly snapping up bargains.
One investor recently picked up two investment properties in Victoria at bargain prices, thanks to a smartly structured portfolio where every property is cashflow positive. This puts him in a great position to keep buying, even with high interest rates and tighter lending conditions.
Warren Buffett's famous quote comes to mind:
"Be fearful when others are greedy, and greedy when others are fearful."
This is very relevant in today's market!
The evening wrapped up with some late-night Chinese noodles in Eastwood.
