$140k+$150k= $290k Should've spent your max capacity on one property. $140k in Tamworth will end up a drug lab sooner or later. Avoid anything...
I looked at Rockhampton for a while but was just too far away for me to be able to spend enough time on the ground. House prices and yields looked...
I've done a couple of subdivisions. First one was a straight subdivision and the second was a subdivision and reno. Did well out of both but I...
I have been tempted I must admit. I do like the idea. Just struggle with committing the required funds to one property in one town versus...
Hi Beano, You've obviously held a lot of commercial property over a long time frame. What would the typical vacancy rate be across your portfolio...
I know you've provided all your figures on this. But if the house alone is worth say 450k and you spend 150k on a GF will you be able to sell the...
You can buy a house in Wilcannia with a 12% yield on paper. But if it's vacant for 8 months of the year and then gets trashed in the 4 months...
The super juicy 9% yield that Westpac was showing a few months back was certainly a signal for risk!
Is there a risk of over capitalising with granny flats?
Fair call
Higher risk from a growth perspective certainly. But a property that puts money in your pocket every month instead of taking it out is much...
Thank you, you're a wealth of knowledge on this stuff.
Listed yields look pretty attractive compared to LIC's though. Charter Halls CLW at 5.7%. I'd be punting that the yield on a long wale listed...
Consultant- you still think your important but nobody is actually prepared to pay you.
75% resi property 15% shares 5% gold 5% cash Currently increasing shares to 20%
Hi All, Quick deductibility question- I've got borrowed funds in an offset account and want to use the money to buy shares in joint names. To...
My parameters for under $250k regional purchase were- - town had to be over 10k people -had to have a growing population -had to have a vacancy...
Why wait until prices get back to their peak? That was the level where everyone lost money.
How will buying a cheapie that will probably be at least cashflow neutral and paying it off fast help your tax problem? You need to have a clear...
I would suggest that it can be profitable everywhere if you can find the right properties. That's the trick, finding the right properties. And...
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