Private home prices to stay fairly flat

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(07-09-2012, 04:49 PM)godjira1 Wrote: Ben, thanks for your experience.

I'm actually struggling to get tenants for 2 properties that I own (both in d10) and my agent always delivered in the past so I'm putting it down to perhaps a weaker rental market in CCR. I'm currently in the midst of renewing my own lease (long story, but I rented a place near Tanglin for other reasons) and have asked for a 11% discount.

Let's see how the merry go-round works out else I'll move into one of my own properties.
A bit OT, but can I ask based on your experience, how do the sums work out when you rent (out) a property you own, and then simultaneously rent (become a tenant) another place for your own residence? Isn't it cleaner to sell off the place and buy a new one? The only benefit I see is saving stamp duty. Otherwise as a landlord the property tax goes up from 4% to 10%. What other factors should one consider?

I'm thinking of moving, and considering a few options:
a) Sell current home (A) and buy new one (B).
b) Rent out A, rent B
c) Rent out A, buy B
d) Sell A, rent B
e) Rent out A, buy C and rent out, rent B
Headache boy!Huh

Note, I have cash to buy B without selling A.
Thanks for any advice.
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RE: Private home prices to stay fairly flat - by snowcap - 07-09-2012, 06:43 PM

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