P&I
I’m actually still on Sydney wage up here. I’m in an international company and transferred within the company so they couldn’t cut my pay.
However, I want out of this company as I’m not happy with them so I’d get another job (and probably start a hobby biz too on the side) altho I’d like to try a franchise perhaps. Have to read up on franchise forums.

Thanks for the ideas everyone. If I see Simon on msn I’ll chat to him.

There doesn’t seem to be many places around which offer that sort of answer to the 11sec solution that I’ve seen from looking around. I guess I need to look out in the sticks for that sort of deal.

From what I’ve seen advertised regarding the home sale and rent on the Gold Coast is:

Rent * 1000 = home price
Alternatively you can expect to get ($homeprice / 1000) in rent, which does not fit any decent model I’ve seen

A home advertised for Investors seems to be advertised at eg:
$200,000 home guarenteed to get you $210pw in rent (or something similar). Which does not seem like a good deal at all! I think the RE’s are either trying for the gullible or don’t know much about investing.

This is what I’m saying.

So if repayments are $350pw and I rent it out at $250pw I’m making $100pw loss.

That’s what I don’t understand.

Thanks for the advice emcdonald !

I saw there’s a Jenman Real Estate in my town, so might pick up their brochure.

Thanks guys! Appreciated.

Yes, free does sound rather good

I will soon reply to you MortgageHunter

Yes. I later realised I should not post after 11pm.
Those properties are not likely to be suitable.
Sorry.