Recent content by Granny Smith

Thanks for the feedback so far. The expectation is to keep the property for a long time. The aim is to eventually own an asset that generates income. Initially the property will not be CF+. Anyone care to roughly guess total outgoings with a loan of 90% of $350 and normal expenses? No...

Here's the scenario: High income earner and low income spouse wish to purchase IP in Western Sydney. Price around $350k, rents for $300pw, granny flat addition possible later on. Hopefully the property will start close to cashflow positive and will be cashflow positive in future. The loan...