The way I understand it is that if you have IO your payments are lower so it gives you more ready cash to use to reinvest or upgrade????I think
Interest Only or P&I Loans for Investment properties.
Hello Im originally from Adelaide but now in the NT. What ive seen in Adelaide is that the prices have really gone up in the last 5 years. Prior to that you could pick up a house very cheap in a good area now it seems that it is catching up with the rest of the country. But you can still get bargains in places like Ridleton and the western friges…[Read more]
I was lucky and picked up a commercial property in Hobart CBD last year for the same money it would cost to buy a flat in Sydney. Its been making a positive cash flow since day 1. Try your luck with commercial
If this was your first time where would you look to purchase +…
I think its good that some one of your age is getting in and having a go…I cant remember what I was doing at that age..but I wasnt thinking about investing….pitty! Just take it steady and as some one else said check out the risks. If its dangerous dont go there.
I am 22 and a first time poster – trying to learn as much…
If more high riseare starting to go up then it possible that they may drag your investment down rather than yours helping the price of theirs up. If you think you can get out and find a more + cash investment why hang onto it. Sell it before the others go up and create a glut. (just an opinion) Will
Personally I would see it as a bonus, it will give you $250pw rental return. It may be a bit more work to get some one in but you may come across a tennant that dosent want to move. I suppose that it depends on the layout if you want to get 2 tennants renting out the different parts of the property. If it feels good go for it.
Im sure the rents will cover and give a
+ return. I think the house market is probally looking a bit sad. The Australian has been promoting it for the last 18 months. Thats why I thougt there maybe a bit happening in the smaller end of the market. Im not sure what happens in Brisvegus whats the ratio between rent and purchase price…[Read more]
But is worth while putting a bit more thought into.
“Live your life so you wouldnt be afraid to sell your parrot to the town gossip”
Better still give it to your dog or cat and have them leave it to you in their will. In the mean time you can rent it from them. You can be…
Thanks Tas and Sooshie,
Hey I was wondering, seeing that everyone is chasing the residential properety, probally as large a house as they can get. What do you think would be happening with say the 1-2 bedroom appartment or flat market? I bet its possible to pick up cheapies in this part of the market . Maybe there is the possibility of the same…[Read more]
Thats great to hear! I dont have any residential property down there but have a Commercial property directly across form the Mall in the CBD. It takes up 2/3 of the stree and is three stories. We picked it up for 520k its been valued in at over a mil. Thinking of ways to develop it.Commercial may be the deal. Will
Wow nice family mmmm not sure about the tax deductions on genorosity
My wife and I do not have any equity or a deposit at this stage. My wifes parents have $100,000 to invest in a property for themselves. As they are to old to qualify for a loan, they are…
Keesha Im only new in here but I think positive cash flow properties are investment properties that return more a week in rent than you have to pay for them. If Im on the right track then I suggest look outside of Sydney. In Alice Springs it is an easy process with high rental prices and reasonable purchase prices for buying homes its almost a…[Read more]
Hello Steve, things are definately happening on this site, I ve just recently found out that these sites are around and that there are people facing the same issues that I am. I had a look at your wealth tips site and realise that Ive got a lot to learn to become a player in this game. Its great and thanks for putting in the effort to pass on…[Read more]
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