This is my first property deal (after my PPOR 7 years ago) so I do not know what should or should not be happeneing.
But :
In the investment report doco handed out about the project - they give no break down what so ever about depreciation.
They have a purchase price listed (which is...
I am looking at a single bedroom unit here :
http://www.code.net.au
I was wondering if anyone out there who has done this sort of thing before might be able to help me out on anticipated depreciation.
I know you can claim zero for land, 2.5 percent for structure and fittings at X rate...
Speaking of Code :)
I have been looking at them for a few weeks – doing my research. And now I am about to jump in the prices on the latest list are up ~10K.
I am new to investing, is this normal ? For prices to jump that much in such a short time ?
Is this just agent opportunism or a...
Thanks for taking the time to respond guys.
If I can just ask a few follow up questions :
You said that buying new offers no/low cap gains “for the first few years”. I plan to buy and hold – slowly building equity and then borrowing against that to grow my portfolio. Is it crazy talk to...
Exasperated.
The more I read the less I seem to know. I have been trawling this site and many others for weeks as well as going to several property seminars.
I am new to property investing and so was after a sanity check on my plan.
Happy to hear any comments or advice.
We want...
This is probably a silly question - but what would be consdiered good "xx%" numbers ?
I know it is almost certainly subjective but I am curiouse to hear what people think.