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  1. C

    How can I maximise 1 year rent free

    Hi All, From December, I will be living rent-free for 12 months house sitting for my parents - I want to maximise the opportunity. My IP1 generates about $400/mth in positive cashflow. Value: 550k, owes 289k (LVR 52% / ~150k accessible equity). My income is 80k. When my parents return, I'll...
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    Shortland IP.. Wha'dya think..

    Keen to hear Alan's (Propertunity) thoughts on this one and anyone else: http://www.domain.com.au/Property/For-Sale/House/NSW/Shortland/?adid=2008404111 - 950m block (possibility for later subdivision) - ~300k purchase price - already earning 400/wk rent - close to Newcastle uni -...
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    The reality of cheap 2bed units in Cairns

    Ok so you can pickup some rock-bottom bargains at the moment in the depressed Cairns market such as 2 bed units in Central/North Cairns for around $120,000, renting for around 180-200/wk. Body corp + rates total about $4000/yr ($75/wk). The loan would end up close to 130k after stamp duty and...
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    Some advice please..

    Hi guys, My situation Age:28 Income: 130k-160k (fluctuates) + girlfriend is paying me about $200 per week in rent and she earns about 50-60k. Assets: Live in a 2 year old townhouse in a nice, respectable suburb, close to the City in an exclusive development. Its valued at 470k. I currently owe...
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