geofftok replied to the topic Rent vs Own in the forum Creative Investing 13 years, 10 months ago
Hi LesleyI had the same idea today also. was thinking of selling and freeing up the capital and having no loan repayment. Sure there would be a cost in selling but i figure if i put the money into a term deposit at 6 or 7 percent it would pay for my rent at the new place. I'm looking into getting a long term lease, i know it happens in europe but…[Read more]
geofftok replied to the topic Negative Gearing with Positive Cashflow!! It is possible in the forum Creative Investing 13 years, 10 months ago
Hi just bought an nras through our super fund,looked into it in depth. cant see them turning into slums of the furture. now looking at a second one out side of our super for tax deductions. cant see any down side to the goverment giving me 100 grand over ten years ! even if they are a little over priced at the start. i bought in burpengary 30 min…[Read more]