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It's cash, I was thinking of turning up at home with a ferrari and seeing what the wife would say :eek:

Yes, the intial ROI is not great but surely the higer rental income will service the debt as oppose to having to subsidise the repayments on a longer term rental basis. While I will not be making a great deal of cash in the short term it will keep the wolf from the door of that property. I do...

Well say i go for a 750K property the homeloan repayments would be in the region on 3700 per month, a holiday rental in the coastal suburb I was looking at should get between 1000-1500 per week for off peak/peak. Given a number of vacant weeks per year the yield would be much higher than a...

Thanks for the advice but what's wrong with a holiday let, i was considering one at the higher end of the market with a hefty homeloan and the rental income should service the debt. I am new to this so I will obviously require further reseach!

Hi I have just under 300K which I want to invest in property, I was considering holiday rentals to ensure a larger return in the short term while counting on capital growth in the long term. Any advice on the following would be welcome: Do I invest all the money into one larger property or...