Roachy4000 replied to the topic Building Duplex in Toowoomba in the forum Value Adding 14 years, 6 months ago
Thanks for the information Andrew. I will definitely do a search of the website and see what comes up.I hope to find opinions of the buy/hold or buy/sell argument.Regards,Adam
Roachy4000 replied to the topic East Ipswich QLD in the forum Help Needed! 14 years, 6 months ago
Was looking there approximately 3 weeks ago. I love that there is large amounts if infrastructure investment around the area. I was looking more in the Ipswich CBD, which I believe was vastly underpriced. I especially like the Ipswich City Councils plans for a nice cafe/mall district.Its a great area if you want a strong investment.I have to admit…[Read more]
Roachy4000 replied to the topic Building Duplex in Toowoomba in the forum Value Adding 14 years, 6 months ago
My main questions are:Do you think I should hold onto the properties (house and duplex) as it should be positively geared?orShould I sell house and/or duplex and/or 1 unit to help pay off the mortgage?RegardsAdam
Roachy4000 replied to the topic Why Build? in the forum Help Needed! 14 years, 6 months ago
We're doing our first build this year.We are building a duplex and have found that it is better financially. We will have 3 rental properties (2 units of the duplex + house at the front of the block) on one block.It is way cheaper to build than to buy a duplex within the area we are building. Approximately 300 – 400k more to buy the duplex on a…[Read more]
Roachy4000 replied to the topic decisions, decisions… in the forum Help Needed! 14 years, 6 months ago
Gday new,I currently have 2 soon to be 3 'out of town' rentals and provided you have a 'good to fantastic' property manager it is quite easy to manage them. You only pay 7.5 – 8.5 % for the property manager and they do all the hard yards. They will ensure your property is maintained etc whilst you live elsewhere.If its a good deal buy it…..make…[Read more]
Roachy4000 replied to the topic where do we start? in the forum Hello Wealthy,
Looking at 14 years, 6 months agoHello Wealthy,Looking at your post, I think you already know the answer to your question. I think you would be best going for a cheap positively geared property. Something that will provide you a small amount of cash back each week but wont have large amounts of capital growth (mainly because you will only find these properties in regional…[Read more]