Total Members: 159,410

JB

  • JB replied to the topic I own a Negative Geared property, what now? in the forum Help Needed! 7 years, 5 months ago

    Apologies for any confusion,

    When I intially purchased the property I didn’t educate myself with different investing strategies. I purchased an off the plan house and land package. I did intend to purchase a negatively geared property at the time.
    Now after reading a few books I am now aware of how positively geared properties are a more logical…[Read more]

  • JB replied to the topic I own a Negative Geared property, what now? in the forum Help Needed! 8 years ago

    I definitely believe that I didn’t do enough research prior to purchasing the property. I did not know exactly what my goals where.
    You are right Ethan I shouldn’t be disgruntled over not having enough of a deposit in the first place. In hindsight I should have A) Saved more for a deposit or B) Adjusted my budget prior to purchasing.

    This was a…[Read more]

  • JB replied to the topic I own a Negative Geared property, what now? in the forum Help Needed! 8 years ago

    Thanks Tony,

    The property is in the Scenic Rim Region of Queensland and I am hoping that the Bromelton SDA generates some growth in the area.
    I will definitely look into creating a trust.
    That is pretty impressive!

    Jay.

  • JB started the topic I own a Negative Geared property, what now? in the forum Help Needed! 8 years ago

    Good afternoon all,

    Thank you for taking your time to read this post.

    A bit of background before I begin. I am 22 years old I have a partner and as the title states I own a Negatively Geared property. It is on an Interest only loan. The house was built 2 years ago and has not yet built equity. Foolishly my down payment was 5% and I was whacked…[Read more]

  • JB started the topic I own a Negative Geared property, what now? (long) in the forum Help Needed! 8 years ago

    Good afternoon all,

    Thank you for taking your time to read this post.

    A bit of background before I begin. I am 22 years old I have a partner and as the title states I own a Negatively Geared property. It is on an Interest only loan. The house was built 2 years ago and has not yet built equity. Foolishly my down payment was 5% and I was whacked…[Read more]

  • JB became a registered member 8 years ago

JB

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