Total Members: 158,200

menia

  • menia replied to the topic Washington Park @ Riverwood in the forum Help Needed! 10 years, 9 months ago

    @scott no mmess
    i haven't heard anything specific about the area but South west Sydney is a known troubled area plus there are housing estates in the area. Just trying to work out if investing in that area is the right thing to do.

  • menia replied to the topic How to pick a location worth investing in? in the forum Help Needed! 10 years, 9 months ago

    Big thanks for the advice so far.

    Ideally I'm looking to spend up to $300k and would prefer a positively geared property (or almost positively geared one). I find the whole idea of hoping to capital gains a little scary and like the idea of someone else (tennant) paying off the mortgage. At the end of the day if in 10/20 years time it doesn't go…[Read more]

  • menia replied to the topic Investing in Sydney in the forum Help Needed! 12 years, 4 months ago

    Thanks for the advice JacM. I will no doubt check out Blacktown.

  • menia replied to the topic Investing in Sydney in the forum Help Needed! 12 years, 4 months ago

    I should clarify my previous post. Negative gearing isn’t the first reason for investing but as there aren’t many positively geared properties out there I thought I might as well reduce the amount of tax I’m paying. Saying that if anyone can suggest good areas for cash flow positive area please tell.

    I like the north shore as it is a (fairly)…[Read more]

  • menia replied to the topic Investing in Killara (Sydney) in the forum I’m looking at a two bedroom 12 years, 4 months ago

    I’m looking at a two bedroom unit, which is new, price $725k. Rental around $690/week.

  • menia replied to the topic Gladstone in the forum Help Needed! 12 years, 5 months ago

    Hi guys,I'm new to this site and would like to ask for some advice. I'm looking at buying a house and land package in the Forest Spring Estate in Gladstone. Builder's name is Mark Bain. Does anyone know much about his reputation?Also, we live in Sydney and are wondering if we should travel to Gladstone to look at the site? Saying that the land has…[Read more]

menia

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