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    Renovate or rebuild?

    I've thought about this. I called Masterton homes, person there told me over the phone that as there are duplexes on either side of the property the council wouldn't allow me to split the title. A duplex on one title will be very difficult to sell in my opinion. Yes, that was just one persons...
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    Renovate or rebuild?

    Thanks guys. I'll look into getting a valuation ASAP. Cheers
  3. S

    Renovate or rebuild?

    I currently have a property in Gladesville the inner north-west of Sydney, 10km from the CBD. It's a 4 double bedroom fibro house with a granny flat out the back. On a 700m block, decent enough house... But lets face it, it's nothing flash, kitchen and bathroom are aging. It's nearly a century...
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    Investment advice

    OK I would be willing to do that for the first couple of years to help ease into the repayments, but otherwise that's taking a bit too much of a gamble on CG increases to offset the costs for my liking. There are a lot of indicators that the market in inner Sydney has cooled of and will remain...
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    Investment advice

    Your sums are based on taking out an 'interest only' loan. Interest and principle on $500k: $32,740 per year Rental income: $24,440 (also allowing mgmt fee) Outgoings: $4,400 (strata, water, rates) That's $244 shortfall per week, assuming it's rented 52 weeks per year.
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    Investment advice

    The family member. My dad who is retired. What I hope to achieve is to conservatively build up a healthy property portfolio. To get my income tax down via negative gearing in the short term, and eventually accumulate more and more investments over time so that I can retire comfortably in the...
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    Investment advice

    Hey guys, long reader first time poster. I'm wanting to hopefully get some investment advice.... A little background: I'm 34. My name is currently on two properties, both split 50/50 with different parties. The one I live in and own with my wife, is worth probably $900K but we still owe $630k...
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