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  1. BayView

    2 of my properties for sale

    Just expressing an opinion. You are correct though; it's not my investing style. Not that mine is the best way, but I explained what it is and why. What I've done, since you asked, is bought and sold properties since 1985 when I bought my first PPoR. Since then I have had 3 more, and about...
  2. BayView

    2 of my properties for sale

    Well, I only buy cashflow positive after tax property, so at 8% interest and only 4% yield, I'm not buying in that area. "better suburbs" aren't always a good investment decision. Yes, they may have superior cap growth, but at what cost? It's no good having a swag of cap growth if you're so neg...
  3. BayView

    2 of my properties for sale

    Nice houses to look at, but a good investment "looks" doth not make. The depreciation would be good, but the rent yields don't cut it for me by a wide margin. I'd need a second job (or even just a first job would do) just to hold those babies. Ouch. I hope you sell them in a timely manner and...
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