s1800028 replied to the topic Advice for 1st time property buyer in the forum No Subject 19 years, 4 months ago
Hi nkibel,
I am single. And I have actually enquired about renting out a 1 BR apt in the city, on average it is about 200-250 per mth. So that works out to be about $1000 a mth. I think, instead of using this for paying rent, I could use this amount to pay off my home loan. What do you think?
Thank you
s1800028 replied to the topic Buying a home or investment property? in the forum Help Needed! 19 years, 4 months ago
I am thinking wont it be better to buy a home instead of an investment coz it has no CGT when selling. Real cash flow at the end is higher with a home instead of CGT.
and also think of the eventual outgoings of ur cash flow with an investment property (as int exp>rental income, u pay this from ur own cash)