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  • Profile photo of hope55hope55
    Member
    @hope55
    Join Date: 2003
    Post Count: 2

    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.

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