Total Members: 159,401

s1800028

  • s1800028 replied to the topic Advice for 1st time property buyer in the forum No Subject 19 years, 5 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, 5 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)

s1800028

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