Can anyone help?

I’m a 32yo male with a wife and 1 child who all live in Victoria and I need some advice about loans.
The property that I have rented for the last 3 years is going to be sold and I (knowing the owners) have been given first option to buy. The house is old and small but the land is 1167 m2 and in the area that I live in the c…[Read more]

Thanks for clearing that up for me sis as I said I’m new to this and I’m still reading Steve’s book so I got a long way to go.[]

Kreman

Hi All

Sis you are still talking about CG, as I said before isn’t it +ve cashflow we want and not CG. Unless your investing in property to reduce your tax bill and still want to work ???

Kreman

Hi all

I’m new to all this and I’m only ¼ of my way though Steve’s book so I may not have a hold on this yet. But if there is an increase in interest rates and fewer ppl buying then wouldn’t that mean ppl with rental properties for +ve cashflow get more ppl renting there properties. More demand and so on as the book said ???

Kreman