BB replied to the topic Investment properties just went negative cash flow, weather the storm or sell? in the forum Help Needed! 4 months, 3 weeks ago
Thanks Benny and Terryw,
Really appreciate the responses.
Benny, this is pretty much where my head was, so it’s really good to have bounced these ideas of you guys to kinda validate my thinking a bit. The fact that the market is so crazy in Brisbane right now, I have no doubt in my mind that I’ll make way more on the value increase over the next…[Read more]
BB started the topic Investment properties just went negative cash flow, weather the storm or sell? in the forum Help Needed! 4 months, 3 weeks ago
2 of my 3 investment properties just flicked over from a 3.34% fixed to a 6.69% variable rate (same as the 3rd one now), and as a result, they now combine as a negative cashflow month to month.
#1: House
Loan: $500,000
Value: $900,000
Rent: $550 pw#2: Apartment
Loan: $330,000
Value: $570,000
Rent: $475 pw#3: Townhouse
Loan: $520,000
Value: $6…[Read more]BB‘s profile was updated 4 months, 3 weeks ago
BB changed their profile picture 4 months, 3 weeks ago