chancelot replied to the topic UNIT OR HOUSE? in the forum No Subject 17 years, 10 months ago
Hi,
In terms of a “buy and hold” the 2-3 units vs 1 house strategy itself, you are right it will provide you with a more consistent cash flow. There is a likely chance the cash flow would be better overall as units tend to provide better net yield even after costs (and tax).
Well selected and/or well bought units can potentially provide equal…[Read more]
chancelot replied to the topic I’m 26, own 3 Properties – what to do next? in the forum Help Needed! 17 years, 10 months ago
Amazing story! I’m inspired considering that I’m the same age. [thumbsupanim] [thumbsupanim] [thumbsupanim]
You might be able me more than I can help you.
I’ve about $6000 that I want to commit to property. If you wanted to turn this into $600,000 in 7 years what would your 1st 3 steps be?I’m not that novice in tax knowledge but I’m more of a…[Read more]