Goiterboy replied to the topic Positive geared property, advice required ASAP!!!!!!!!!!! in the forum My 2 cents worth…
Dont 15 years, 5 months agoMy 2 cents worth…Dont forget to consider the Property Management costs unless you are going to manage the tenants yourself.Allow around 8-9% of your rent to cover this cost.I estimate you will be negatively geared by around $890pa ($17 p/week) after management costs.Hopefully the property will give you good capital growth over time regardless…[Read more]