Cheata68 replied to the topic How to become a fortune teller and maker in the forum General Property 20 years, 6 months ago
The growth is in QLD, forget NSW or VIC.
On average 5 families a week move into QLD. The estimate I read re SE corner is in 20 years the current population of QLD will reside within the SE corner- thats a triangle area of Sunshine coast to Tweed to Ipswich. Very soon it will be built in totally and the only way you will know you’ve driven into…[Read more]
Cheata68 replied to the topic Positive property – where ? in the forum Help Needed! 20 years, 6 months ago
Now I am New to this too, but I think I found a way of locating them.
I did a search on the internet, limited the search to houses between $10,000 and $110,000. Then for QLD.
The result is that you get plenty of hits and a lot say what rent they get back.
Now you would then need to visit these towns to check them out but I did find some in…[Read more]
Cheata68 replied to the topic Need advice as I’m CoNfUsEd! in the forum Help Needed! 20 years, 6 months ago
O.K. let me please explain.
Gold member: Some of the advice recieved was to top up one of the investiment properties for the deposit on a new +CF property. So my question is if I say on Investiment Property 2: which is Negitive Geared: and currently Owe:$133k to a new loan of say $155k and the rent still at $215 pw
then using the 11 second…[Read more]Cheata68 replied to the topic Need advice as I’m CoNfUsEd! in the forum Help Needed! 20 years, 6 months ago
Thanks Guys,
A bit more specific question, if I top up one of my investiment propertys, wont that send my repayment up so high that it would take ten years of inflation for the rent to turn it ino the +CF prop we try so hard to achieve?[satan]
Now I can see me getting the next +CF property, say for $88k and rented for $160 pw. So what happens…[Read more]