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  1. Achimy

    When people say, look at how the deal affects your portfolio, what does this mean?

    I think you might be misunderstanding the question I was trying to ask. What you've told me is kind of basic, very generalised, information, and I'm not investing in property for tax purposes, I will be investing to make money, and then utilise property to minimise tax as a secondary objective.
  2. Achimy

    When people say, look at how the deal affects your portfolio, what does this mean?

    That helps a lot. For that 3rd property which you gained, could you pm me details of how you worked out you'd reval at that much? perhaps link to the property or research you did (sorry if a bit much to ask), but I want to understand which comparables you sought
  3. Achimy

    When people say, look at how the deal affects your portfolio, what does this mean?

    For example, Let's say my goal is 60k passive income, @ 5% yield = $1,200,000 mil portfolio paid off completely. Now let's say the first property I buy is a 170k townhouse renting at $260. How does this fit into the bigger picture. Okay, now I need $1,030,000 of assets, but my yield...
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