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.
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.
