cpmj28672 replied to the topic today tonight- tenant damage in the forum General Property 20 years, 11 months ago
Isn’t it the same “tenants from hell” every time they run these stories? – just a few months later with a beard or long hair to change appearance on screen.
The premium set for landlord protection insurance indicates that poor tenants are the exception not the rule.
cpmj28672 replied to the topic Buying in Werribee in the forum General Property 20 years, 11 months ago
Werribee has historically been classed as a mid to lower socio-economic area, and although over the past couple of years to 06/03 there has been good growth, there were not many places to miss out either.
Melbourne does not suffer a lack of suitable available land like Brisbane and Sydney. There are huge tracts of land between Melbourne &…[Read more]
cpmj28672 replied to the topic Commercial property vs Residential in the forum No Subject 20 years, 11 months ago
It’s true you may get a higher return/yield on Commercial but usually not as much capital growth. If you needs are current income (cashflow) then commercial may be worth considering. If you want future income then perhaps residential, with better growth prospects may be the answer.
cpmj28672 replied to the topic Negative Gearing Question in the forum General Property 20 years, 11 months ago
With 32% of Australians renting the Gov’t needs private rental housing to maintain social justice. There is no way that the Gov’t could afford a return to gov’t housing as it would cost a lot more than what they currently lose through negative gearing.
And with the current baby boomer generation approaching retirement with inadequte…[Read more]