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  • Profile photo of SjostromSjostrom
    Member
    @sjostrom
    Join Date: 2006
    Post Count: 7
    November 7, 2010 - 12:49 pm

    Thanks sbetreen, I have realised that my idea was rubbish and I'm enjoying learning lots trawling on here.  It wasn't in NSW.

    Appreciate your thoughtfulness though.

    Regards

    Profile photo of SjostromSjostrom
    Member
    @sjostrom
    Join Date: 2006
    Post Count: 7
    November 7, 2010 - 12:20 pm

    Good Evening

    I can only answer that I wouldn't live near them, or buy a house near them for myself or IP.  I couldn't in good conscience expect tenants to live where I wouldn't.

    I had friends looking to purchase near them once and I studied the research and yes, there were both sides of the coin.  A little like smoking 50 years ago, and look how that turned out!!

    I may well be wrong, but I'm certainly not going to subject my health or that of my little daughter to the test.

    Regards

    Profile photo of SjostromSjostrom
    Member
    @sjostrom
    Join Date: 2006
    Post Count: 7
    November 7, 2010 - 12:11 pm

    Thanks Packer, will keep in touch.

    Profile photo of SjostromSjostrom
    Member
    @sjostrom
    Join Date: 2006
    Post Count: 7
    November 4, 2010 - 11:27 am

    Hi Everyone

    Thanks for all your comments.

    I will be studying next year and won't have an income hence the idea to put my money there rather than in a bank. 

    I'm not really sure how it can be negatively geared when it would be purchased for cash.  ?

    I appreciate all your input – I have a lot to learn and I'm happy to start at the bottom!! 

    I think I get a bit frightened when I see houses requiring reno's but I think once I overcome the fear factor, I'd enjoy the process.

    Thanks and have a great night.

    Profile photo of SjostromSjostrom
    Member
    @sjostrom
    Join Date: 2006
    Post Count: 7
    November 2, 2010 - 11:55 am

    Congratulations Goldies – Well Done

    I'm truly excited for you.  I'm a newbie and am looking and not really knowing what I'm doing.  Also a bit mathematically challenged, but even I can see you did well! 

    Hope you're celebrating! 

    Kind regards

Viewing 5 posts - 1 through 5 (of 5 total)