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  • Profile photo of ScruffmeisterScruffmeister
    Member
    @scruffmeister
    Join Date: 2007
    Post Count: 3
    January 15, 2007 - 2:57 pm

    hi Richard,
    thank you for your input also,,,a very interesting comment.
    we’ve got one I.P thats neg geared +’ve cash flow fixed interest only.

    with 2 kids in private school we basical gave up on the idea of another I.P. but as my PPOR mortgage is only 117k that notion would free up funds to go another neg geared.

    i’ve read Steve’s book on pos cash flow props but got stuck with a tennant that didn’t pay and took months via the court as i missed dotting an I and crossing a T here n there and once burnt twice shy,

    many thanks for your input,,to you and v8ghia for your speedy reply’s.Think i might drag Steve’s book back out and have another read,,should check to see what new books are about too.

    thanks again,
    Scruff
    [hmmm]

    Profile photo of ScruffmeisterScruffmeister
    Member
    @scruffmeister
    Join Date: 2007
    Post Count: 3
    January 15, 2007 - 2:28 pm

    thanks v8ghia,
    yes you are correct i checked the contract years and amount of time remaining,,there’s a large difference.

    I’ll get the wife to be gentle with her questions ,,
    many thanks
    Scruff
    [chill]

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