Forum Replies Created
Hi all in Bundaberg,
I just wondered if any of you wouldn’t mind helping a Sydney sider with some advice….
I would like to invest to buy an occupied dwelling with growth potential closer to the CBD,
in the 150-200k region. Is that possible? I am not necessarily looking for positive cash flow at this stage, a slightly negative geared is ok due to higher income and tax benefits…but a stable rent history is a must…if you can help, email on [email protected]Never Give up, Never Give up, Never Give up.
Dalai LamaHi there,
I am looking to get my second investment property and i don’t mind if this time it falls short of a few criteria, as wish the rent to be as close to 100% of finance costs as possible, but due to larger income negative geared still suites me…I think a breakeven attitude is better for me, as I get tax benefits and providing its a growth area all good.
Can you recommend any houses, or flats in the 150-200k price range up there, that already have tennants…? Or can find easily? please reply to zentrader@ msn.com, cheers [biggrin]Never Give up, Never Give up, Never Give up.
Dalai Lamathis is my first poste and only half way thru book, but i have to agree that we are only looking at the start of the correction in the property market… there may be a Bear market coming in the share market , higher interest rates world wide, tougher times will hit the banks, and lending will be tightened….with that my logic tells me is more defaults and better deals…
so i will be waiting …and house and land near coastal areas sound good too, but waht about positive cashflow deals…are they always alive, even now? Must be i guess…
