Search results

Thanks to DT, jingo, westminster, macca446 and Wattle for your kind replies. Jingo, we paid the usual buying and selling costs except no sales commission for one of the sales. No cgt for first sale as it was ppor. Actually lost some money in the other two sales. But we made some instant equity...

Thank you A lot have happened since I started this thread. Actually I updated this thread on 5th of March asking you all what to do next. But while analyzing our situation and portfolio to write that post, I sort of made up my mind what to do next and had deleted that post :D When I started...

Thank you thatbum Yes, going for GF without selling is a good way to move on. And yes, we can save and use any equity gain to build a GF in say 18 months. This way we will move on slow and steady. The only issue which worry us is once we drop down to one income or say 1.25 income, we will...

Thank you dilberto. On first property, we made 10% gain when we bought. And the price is achievable. We think that house plus land will be worth more than house on a subdividable land. So subdivision could create equity and that equity can be used to build GF behind 3rd property. You are...

Hi all, Sorry for a long post. We need some guidance from you. In January 2012, we bought a 3x1 duplex half in Langford, WA. The house value has increased by 25% to 300K now. (The initial price itself was low as it was a mortgagee sale) We used that equity gain to buy a 3x1 R20/30 in Gosnells...