http://www.landlords.co.nz/blog/surviving-the-downturn A blog for New Zealand landlords and property investors Thu, 09 Feb 2012 07:09:47 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://www.landlords.co.nz/blog/surviving-the-downturn/comment-page-1#comment-438 Errol Fri, 01 Aug 2008 08:55:40 +0000 http://www.landlords.co.nz/blog/surviving-the-downturn#comment-438 If you can, tough it out. Now is not the time to sell, now is the time to buy. There are bargins to be had and there will be more to come. Cashflow positive properties with potential are starting to come on to the market, I have not seen these for a long long time, I see this downturn as an opportunity to take your time and buy, knowing that you are probably one of the few. This gives you plenty of choice and plenty of time to make the correct decisions that will carry you through to a more stable market and in the long term build asset wealth . Remember Solomon, "This too will pass" If you can, tough it out. Now is not the time to sell, now is the time to buy. There are bargins to be had and there will be more to come. Cashflow positive properties with potential are starting to come on to the market, I have not seen these for a long long time, I see this downturn as an opportunity to take your time and buy, knowing that you are probably one of the few. This gives you plenty of choice and plenty of time to make the correct decisions that will carry you through to a more stable market and in the long term build asset wealth .
Remember Solomon, “This too will pass”

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