Search results

  1. Glenn

    positive gearing

    Reply: 2.1.1 From: Glenn Mott Congratulations HT, you have made yourself a nice little stack of cash from buying well and selling into a rising market. For those of us like Tibor, Kevin and myself who may not be able to identify properties $40k under market value but still wish to...
  2. Glenn

    positive gearing

    Reply: 1 From: Glenn Mott With a positive geared IP, you can set up a separate bank account into which the tenant deposits rent. Out of this account comes loan repayments, rates, insurance and taxes. You never have to put money in yourself and in due course, the account balance will rise to...
Back
Top