Hi there, first time on here so here goes. I listened to Margaret Lomas from the destiny group on ABC Radio 11/1 and she spoke well about pos gearing. I own my own home and have two investment properties. One of which I built, the rent has always been able to pay the monthly mortgage repayment. (fixed rate) The other property is neg geared.(redraw) I would like again to buy some properties but my wife has reservations, we previously got burnt on investing in Beenleigh Qld in 1990 and have a capital loss of $35,000. After all that my Question is positive gearing will only last as long as interest rates are Low, or can you still manage to have them in rates of say 8%. Where Do I start to look for pos gear properties ie my local area or from what I have seen so far GERALDTON … LOMAS states you can buy them off the net and recommends you don`t even visit property.. can this really work?
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