In your view, what actions should a real estate owner with a number of rental properties do right now?
It depends on whether you expect things to be very positive in the next 6 months to a year or whether you expect them to be negative in the next 6 months to a year.
- Keep all properties that cashflow.
- Sell your losers now!
- Review opportunities carefully but buy only the deal of a lifetime.
- Keep cash (percentages that relate to your age. See OzBuzz 39).