Thanks all,

the advice has been very helpful.Looking over the book again I think it is saying that the 11sec rule will identify properties with a gross ROI in excess of 10.4%. Net ROI is as the philosopher says: rent-all expenses and expenses includes outgoings, tax, cost of finance etc.

tks again

Fitness,

For God’s sake…GET REAL!! Your problems maintaining existing friendships stem from the fact that you either consciously or subconsciously think that your BETTER THAN THEM.

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Hi Mel,

Thanks for your reply. You’re right I am just starting off with commercial property, however I have had some experience with residential and it wasn’t good. I owned 5 -ve geared residential properties in Sydney’s west and sold them all about a year ago.

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