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  1. Propertunity

    Pitfalls of buying now to live in later?

    Many suburbs have achieved that already. Give it a bit more time for some of the others.;) What kind of question is that to ask a Buyers' Agent?:p If I say Yes, I get accused of spruiking If I say No, I get accused of keeping all the bargains for myself :D If you take the view that the...
  2. Propertunity

    Pitfalls of buying now to live in later?

    Shelly Beach is near Toowoon Bay, Blue Bay which is some of the most expensive real estate here. The Central Coast beach areas took a big hit in the GCF as high income earners dumped their holiday houses to pay back margin loans etc. Too much stock and little demand = 20% falls. We picked up...
  3. Propertunity

    Pitfalls of buying now to live in later?

    Greg, There may actually be some benefits to doing this :) Leave some tenants in there for a year, then start doing all the maintenance that needs to be done. This way mtce is all tax deductible. And same when you move in as your PPOR - get mtce done prior or just after. There will be...
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