ruapehu replied to the topic Negative Geared Property killing us in the forum Help Needed! 12 years, 4 months ago
Hi There our loans are interest only and are all stand alone loans. Can't increase the rent because we made two bad choices when we bought these properties and they are not in super growth corridors. We are already PAYG these properties.
Cleveland we owe 420K, rent is only $420 , we are out of pocket $320 per week but this does not include the…[Read more]