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Reply: 3.1.1.1.1.2.1 From: Marina. L Duncan, You have overestimated a lot of my expenses, and as for maintenance it is Nil as it is brand spanking new. So basically owning this property in its first year has not cost me anything out of my own pocket,it has actually been positive. The agent...

Reply: 3.1.1.1.1 From: Marina. L Hi Frode, The rent on our apartment in East Doncaster is $250 per week and the loan is for $188k @ 6.31%, which gives me $1186 P.A. positive cashflow. We elect to pay INTEREST ONLY on all of our IP loans. As you can very well see that if we were putting in...

Reply: 3.1.1 From: Marina. L Hi, East Doncaster is a great growth area. We bought our second Ip in february 2000 for 185K off the plan and 8 months later we had it revalued at $235K. The apartment is in a block of 30 and is known as St Claire Apartments. It is cashflow positive as well and...