Forum Replies Created
Hi Lesley
I 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 its not that common in OZ.
so im thinking my whole wage and my wifes would be money we bank each week and not have to pay towards a motgage!
would be able to save up very quickly for a deposit on our first propery investment.
can anyone confirm that steve knight rented while he was buying his 130 properties ??????
GeoffHi 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 north from brisbane and 10 mins from a westfield shopping centre. due to the floods the rent is only going one way, up !
geoff
