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  • Profile photo of hayleyhayley
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    @hayley
    Join Date: 2004
    Post Count: 2

    I think +vely geared IP’s sometimes have a much greater risk associated with them. I am a full-time student and have just bought my 3rd IP. My first is well and truly +vely geared, the second is just tipping the scales to negatively geared and with the third one, i am putting approx. $150 of my own money in every week. I bought this property for $175,000 and could put it back on the market tom. for well over $200,000 (without doing any work to it). I am relying on CG on this property – however, as they say – don’t put all your eggs in one basket – i am trying to build up a balanced portfolio, eg. some positively geared properties for the long run and properties that will deliver a substantial amount of CG for the short term.
    Cheers, Hayley.

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