Thanks a lot for all your advise and opinions guys, it cenrtainly bring about some confidence at difficult times.

quote:
Personal opinion only but there seems to be a glut of units in Melbourne and developments being cancelled. I think the unit market will be hardest hit by further rate rises or falls in property value as they don’t have the most valuable piece – the land.

Thanks very much for your opinion Polar Bear, seems to be heading that way with the…[Read more]

Dear Namaste,

It is great to find a couple of properties that both passes the 11 ss. The two shops with warehouse may be worth considering because of the possibility of bringing you a higher CoCR. Outgoing expenses like rates and water are paid for by the tenants. Compare the sums on both properties.

Refer to Steve’s book 0 to 130 Properties in…[Read more]