Greetings, all with wisdom and experience:-)
We’re looking to buy a double block in NSW for investment. They are identical blocks except one has a house on it, the other is vacant. We’d like to renovate and sell the existing house, then build and keep a new (rental) house on the other block. The contract currently has the 2 blocks in “one l…[Read more]
Thanks Terry! Do you know what setup/maintenance of such a structure might cost please? (Wondering if the earnings will cover it!) Spouse, 1 dependent minor (if that’s relevant!). And how long does it take to create?
Hi all! Hoping to get some perspective from the wise & experienced please! I’m a full-time mum & own the family home (PPOR) in my name mortgage-free. That’s about 90% of my wealth, & I have no income. Having always been an employee I’m now interested in not trading my time for money. One option is to rent out parts of the house, to a lodger (gran…[Read more]