Forum Replies Created
Hey DMB are you in Adelaide? Im in exactly the same position as you (right down to the 100k in UBank lol) Looking for the best way
invest it in property/properties ie the right balance of debt to offset the tax I pay on my job…and the right area to invest in Adelaide for best potential capital gains (if any atm lol) would like to hear how you go….you can pm me if you like cheersYes Im also interested in hearing from anyone doing the course and how they are finding it? cheers
Is your name Bob or Jack Dempsey ? lol….looks a bit sus to me
Thanks Michael..looks like I'm on the right track……Im going to look for positively geared properties or neutralish ones if possible and try and balance out the tax advantage with renos …its a fine juggle by the look of things
TBH I realy dont have the headspace for building anymore…Yes the block would definatley make more money with a house on it, however its not a straight forward block or build. ie it has a 10meter diameter x 3.6m high concrete tank on it (old town water suply) and the dream was to convert the tank into a round house as I had done before for a client in my building days.
Weve had it for about 10 years and now I dont have the energy for such a complicated build anymore…I bought it at a bargin price and I think its probably better to use the money to buy a quick paint and patch type investment.
