Hmm this is all based on the assumption of interest rates being 7%You could hmmm you have 600k property with 390k of equity and no residual income… probably forking out 15k a year.. if you build the duplex it'll cost you 400k and you'll have a 1200k property… then you'll have a 1200k property with 590k equity(1200k-210k-400k)… renting out at…[Read more]

Hey slodki,

I myself am 18 and still learning the many knots of the proverbial rope of property. I have no job, no investments and am practically living off my parents. However my investing of financial education in this past month has led me to learn a lot more than my parents have learnt in a lifetime about property. Like I stated previously I…[Read more]