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  1. M

    Rent out or sell for capital

    Do you have any recommendations, I have read Rich Dad Poor Dad many years ago and have just got it out again to read tonight, I also have the Cashflow quadrant, it bored me years ago but now I have an interest in this it will mean different things. But I am sure you both can recommend a book...
  2. M

    Rent out or sell for capital

    Can you please tell me what neutrally or positively geared and negative gearing is? I, like everyone else have heard the words used and "pretended" to know what they mean, but could you please just tell me. Much appreciated
  3. M

    Rent out or sell for capital

    a little unsure My personal thoughts would be to retain the property, make sure the loan it is structured correctly, access the equity and do another one. I am a little unsure of what you mean "structured correctly" I just have a home loan with bank of qld - I am on my first home owners...
  4. M

    Rent out or sell for capital

    My boss owns a few properties and several franchise business and said that buying a property and selling it was the best thing he did as far as making money was concerned. I did however want more opinions as I do his bookwork and I see that as far as "assets" go he has millions as far as cash...
  5. M

    Rent out or sell for capital

    Could someone please tell me what LOC, LVR, LMI mean? I am sorry to sound ignorant but I am REALLY new to all this, as you can probably tell buy the way I cant "crunch" the numbers like you, but I am a SPEEDY learner!;)
  6. M

    Rent out or sell for capital

    Hi all We have bought a house just over a year ago for $150K and have renovated it to "executive style" with the initial intention of selling it for around $100K profit. We wanted access to "cash" to buy another house and do it again and build up our "cash" resources to eventually buy a...
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