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  • Profile photo of BoothyBoothy
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    @boothy
    Join Date: 2003
    Post Count: 7
    July 21, 2003 - 11:34 am

    Thanks folks for your thoughts.

    I am starting to wonder about the figures in the API magazine as well. Springwood is shown as renting for an average of $320 but I have not seen anything above $280 but the norm is $240 or less.

    Thanks for the chart Caz it brings up some interesting comparisions. Thanks also for your thoughts on Medina I will make a few enquiries. What is the rentals in Medina? Do they compare with elsewhere?

    Cheers,
    Boothy

    Profile photo of BoothyBoothy
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    @boothy
    Join Date: 2003
    Post Count: 7
    July 18, 2003 - 10:08 am

    Greetings Justin,
    [:D]Thanks for your ideas. I tend to lean your way but I also lean the other way as well as I don’t pay much tax, on a pension, so two closer to positive gearing may be the better option. As I said to Jeanne I am still looking for another couple of weeks and intend speaking to David soon before I jump either way,
    Thanks for you help,
    Alan

    Profile photo of BoothyBoothy
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    @boothy
    Join Date: 2003
    Post Count: 7
    July 18, 2003 - 10:03 am

    Gooday Jeanne,

    [:)]Thanks for your suggestion. I have a friend living in Kardinya and working at Armadale and he told me about the good rental prospects there. I still have a couple of weeks but I appreciate your opinions.

    Boothy

    Profile photo of BoothyBoothy
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    @boothy
    Join Date: 2003
    Post Count: 7
    July 18, 2003 - 1:49 am

    Thanks for your reply David. I did read those forum entries but was trying to work out whether to invest in one single property of whether two in another area may be a good option. For instance Belmont has been bandied about as go ahead, Joondaloop the same, others have been pushing for Kiwana. From a distance it is a bit confusing.

    Boothy

    Profile photo of BoothyBoothy
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    @boothy
    Join Date: 2003
    Post Count: 7
    July 6, 2003 - 10:01 am

    Thanks for the reply.

    That’s a good question. I guess I am after some security when I get to retirement age and some means to fund travel and a decent lifestyle. It seems that negatively gearing property may provide that.

    My real concern is whether paying such little tax makes it a sensible option.

    Boothy[?]

    Profile photo of BoothyBoothy
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    @boothy
    Join Date: 2003
    Post Count: 7
    July 3, 2003 - 1:37 am

    Terry,
    Could you elaborate on the trust idea. I’m extremely green about these matters and would appreciate any help I can get.

    Cheers,
    Boothy

    Profile photo of BoothyBoothy
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    @boothy
    Join Date: 2003
    Post Count: 7
    July 2, 2003 - 10:04 pm

    Morning Terry,
    We intend moving permanently to Perth hopefully around the Como area. I am not sure which is the better way to go, keeping Sydney or buying something as investment in Perth when we get there.

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