Recent content by p_invester

Thanks for your input. Yeah did inspection over the weekend and I believe I will pass this time based on. 1. even the rent is 495/w and it does work out the number. 2. the property is at first floor of 3 level block. it's 20 yrs old building anyway. not so much of depreciation can claim too...

thanks for your input. sure it must be a reason for undervalue for such a long time. Did a quick research valuation back between 440K-550K. will go inspection this weekend to see how it looks.

Thanks, that's why it puzzle me, I still can't decide whether step in or not.

You are correct Richard, my bad those are annual expenses.

Hi all, thanks for drop by. there is a property in Eastlakes sydney for 490K 2bdr,1 bath,1 car space. council $935/q,w $694/q,stra $477/q. do you think it's good buy? I am aiming for long term capital growth, slightly negative gear. thank you very much for all your input.