The villa was bought brand new with all the trimmings off the plan, it was built by one of Perths best builders and is absolutely immaculate, in fact when it was inspected by both me and my agent we could find nothing wrong with it. The inital reason I bought it was actually through a mob called the Investors Club who are actually really good but they tend to always lean on the best case scenario and sometimes the truth is a little more expensive.

I suppose what I am getting at is that I have read Steve’s book and find that spending $300 per month on the mortgage of the property might be better spent on a positively geared property.

Am I right?