Thats what i thought to i would be looking at subdived the rent out ! so unless im selling im happy thats also why i was told to take your time and NOT be aggresive in the buy so as not to buy a dud !

cheers

Hi all,

Thanks for all your comments. it all seems very one sided against X-Coll, but i spoke to my mentor who said there are a lot of gain from X-coll. ie great tax savings as i dont touch my off set account funds. as for the banks taking away my main property i was assured this would never happen with the big 4 banks and also you would be able…[Read more]

Hi Benny,

Thanks and yes my job is in production not construction so fingers x. I have set up a offset account and im thinking of x coll but the jury is out on that. i like the sound of renos as this is a way of making good capital. but i would also like to buy houses that are ready to go ! I guess it will take some research.

Thanks again .