Hi Guys
I'm just starting to look at getting back into buying after a long absence. In 2005 I made the shift to commercial which has been successful. However, as I'm your average investor I was buying at the low end $500k to 1mil. The tenancies have been good with small rises in rent. So no complaints.
However, I do wonder if I had invested this in resi say in Auckland would I have been better off. I did well in resi in 2002-2005 and still have all my holds, which was the equity for my commercial purchases.
My understanding is that some of you also made the shift to commercial, some selling resi to do so. My question, as I look forward, 'do you think it is best to stay with commercial or go back to resi', given I'm buying now and this stage in the cycle and amounts to invest. While the commercial is great at the higher levels, my budget for commercial, and experience to date would indicate that resi may be better.
Interested in others thoughts, especially those who have had a similar journey.
Regards
Paul
I'm just starting to look at getting back into buying after a long absence. In 2005 I made the shift to commercial which has been successful. However, as I'm your average investor I was buying at the low end $500k to 1mil. The tenancies have been good with small rises in rent. So no complaints.
However, I do wonder if I had invested this in resi say in Auckland would I have been better off. I did well in resi in 2002-2005 and still have all my holds, which was the equity for my commercial purchases.
My understanding is that some of you also made the shift to commercial, some selling resi to do so. My question, as I look forward, 'do you think it is best to stay with commercial or go back to resi', given I'm buying now and this stage in the cycle and amounts to invest. While the commercial is great at the higher levels, my budget for commercial, and experience to date would indicate that resi may be better.
Interested in others thoughts, especially those who have had a similar journey.
Regards
Paul
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