suelittle replied to the topic To sell or not to sell in the forum No Subject 20 years, 6 months ago
More on To sell or not to sell.
We bought the land at Bundaberg Qld as an investment before we knew about positive cashflow.
The most rent in that area would be about $250 if you spent 180k on a house (not positive cashflow).
We have been advised by finance brokers who are into capital gains to build your future.Sue Little
suelittle replied to the topic To sell or not to sell in the forum General Property 20 years, 6 months ago
In reply to Morgagehunter I have had the block for about 9 months. I am on a very low tax bracket, I want to obtain positive case flow. I would be willing to build if i could see that this would be a good option.
Sue Little