hope55 replied to the topic new kid on the block…. in the forum General Property 21 years, 2 months ago
Hi Powmow
I live on the Central Coast and not meaning to discourage you but most of the properties are well out of 11 sec rule.
We have an IP that’s worth 350k and only rents $250 – negatively geared unfortunately. Though can’t complain about capital increase of 100k in one year – but it is draining our cashflow.