Forums / Property Investing / Help Needed! / granny flat or another investment property

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  • Manuj Shrestha
    Participant
    @manuj-shrestha
    Join Date: 2018
    Post Count: 0

    hi steve i read a book of yours 0-130 properties in 3.5 years few months ago.
    we just recently bought a house in sydney’s south west. so here i am with few choices..
    i was wondering if i should consider a granny flat for a positive cash flow so that i could keep paying off my house meanwhile time or should i consider a second investment property. i am seeking some advice from forum members as well and any ideas or strategy in doing sustainable property investing will greatly be appreciated.

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,110

    Which would make you more money? How would you fund the GF?

    Often adding a granny flat won’t add as much value as they cost, but they can increase the rent a fair bit.

    Terryw | Structuring Lawyers / Loan Structuring Pty Ltd
    http://propertytaxbook.com.au/
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Aust wide) http://propertytaxbook.com.au/

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