thanks terry, I know that people sometimes do it on more than one which is russian roulette in my opinion

The only way it would be right to sell would be to move the money into somewhere performing a lot better. Unless your crystal ball is high gloss this is tricky to determine. Generally regret is associated with looking back on cashing in a property unless it is for the next one.Entry and exit fees including capital gains tax, agents fees,…[Read more]

possibly as much as 30k a room although some 2 bedders have extra rooms downstairs and others have large enclosed verandahs used a sbedrooms. 2 br houses are harder to on sell and rent if there is surplus stock on the market at the time. I just bought one advertised as 2br but is actually 5br 2 storey, dud agent my win, renting to 5 uni students…[Read more]

best to check that selling  to trust won't incur stamp duty, it varie state to state. also be careful renting and claiming ppor, the ato have many and varied ways to catch you out like electricity, phone gas bills electoral roll, d/lic,etc.If the weekly burden is getting to you , you may benefit from claiming a Taxation variation authority. These…[Read more]

current market analysis. It displays the comparable properties in similar locations, usually within 500m radius and shows their recent sales, up to six mths, properties currently on the market and can be as detailed as showing listing price drops and number of days days on the market. It is a snapshot of real estate activity in your area for…[Read more]

I suggest you get to a library and research leverage, depreciation and negative gearing. This will shed some light on your questions, Noel Whittaker has some excellent books written for people your age. My only regret with property investment is that I did not start younger. Basically, property has doubled in value on average every ten tears si…[Read more]

Often a minor percentage over the market value will deter buyer interest. I would ask my agent if other properties in the area/price range have been selling to guage the market activity. You could get a valuer to give their opinion, this will cost 300-500, or get in a few other agents who are active in your area and quiz them on their views as to…[Read more]

An auction will work well so long as the agent is experienced at conducting them. It is widely stated that there are only ever three reasons why a property will not sell. Price Agent or Promotion. I assume that the agent you have appointed is doing their job well but you might like to as yourself. Did you or agent determine the list price?Did the…[Read more]