reasearchgeek replied to the topic Countryside vs Sydney, positive cashflow vs capital gain in the forum Value Adding 9 years, 11 months ago
Catalyst, you are right I was told by real estate agents that rents were high a year ago but I think whatever they say is always not true. I’m not inclined towards negative cash flow properties because I don’t want to pay from my pocket and If i have extra cash I would rather invest in renovating and adding more value to property instead of adding…[Read more]
reasearchgeek replied to the topic Countryside vs Sydney, positive cashflow vs capital gain in the forum Value Adding 9 years, 11 months ago
Thanks Jamie, really appreciate your help. I’m considering buying my first property just on my name for mainly these 2 reasons
1. My wife’s income is too low so it will help me getting tax deduction
2. Saving on land tax because it will be my first property.
I’m thinking of keeping loan application on just my name for first property.
What do…[Read more]
reasearchgeek replied to the topic Countryside vs Sydney, positive cashflow vs capital gain in the forum Value Adding 9 years, 11 months ago
Hi Jamie,
Thanks for quick response. I’m also thinking the same that prices are now gone quite up, few suburbs in that area has shown growth of 30% in a year. I’m starting to build my IP, where would you suggest to look?
Really appreciate your help:)
Thanks
Rishi
reasearchgeek started the topic Countryside vs Sydney, positive cashflow vs capital gain in the forum Value Adding 9 years, 11 months ago
Hi Guys,
I’m quite new to this forum and I’m about to start my IP. I have done a bit of research and found properties in western Sydney, where there is a possibility of renovating and generating dual income by adding a granny flat. Currently lot of investors are in the market and I realised that almost every property is selling with in a week.…[Read more]
reasearchgeek became a registered member 9 years, 11 months ago