I am a little curious here guys. Any of you actually has 100+ rental property? How can you deal with all the tenants? Think about 100+ phone calls for repair and that sort of things, lol.

Wynyard wrote:
  A loan with approx 6% interest over 30 years is more like 50% interest at the end of the day. We are being ripped off by banks 

not really, money is just like other comodity. If you want to use, you will have to pay for it. Interest is the cost to use money.

Wynyard wrote:
 Cost of living goes up, cost of running a bus…[Read more]

I thinkOption 3: Dont pay anything toward your investment property(even interest). So your interst in your investment will go up therefore deductions. Use rent from your IP to pay off your PPOR sooner, hoppefully knock it off in 2 – 3 years. Any one has any thoughts or comment about my option.

" The rent it just too damn high"            Not really. In fact, it is cheaper to rent then  to buy."Prices of other essentials have also risen, because the rent is too damn high"          Sorry, don't make any sense here. The price of bread increase because residential rent is high? " Tax breaks for property investors have allowed the market to…[Read more]

JT7 wrote:

longdd wrote:
Hiany one had a look or had any thought about Fairfield (2165), NSW?

Hi longdd….I pretty sure Residex was recommending Fairfield in one of its recent Best Rents reports which predicts areas and products that produce both good capital growth and rental yields. Fairfield is a bit of a transport hub so good amenities.…[Read more]

Hiany one had a look or had any thought about Fairfield (2165), NSW?

Hi allI have an unit ,which is very old.  built in 1971. So is it worth to get a depreciation schedule ?I bought it for 220K. How much likely I can claim for tax depreciation?