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  • Profile photo of s1800028s1800028
    Member
    @s1800028
    Join Date: 2005
    Post Count: 3
    July 11, 2005 - 12:35 pm

    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

    Profile photo of s1800028s1800028
    Member
    @s1800028
    Join Date: 2005
    Post Count: 3
    July 1, 2005 - 7:47 pm

    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)

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