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Always learning, I agree, forgeting the rental yield and buying for capital growth could be the road to bankrupcy. On Manly beach road there's a newly built block of units. One, a two bedroom, two bathroom,large living area, reasonable sized kitchen etc plus a huge balcony over looking the...

G'day Lotana and Beech, Yes I do own my own house, bought it for $36,600. Repayments of $205.00 a mth. My inlaws said I was robbed. Near the beach, worth $800,000 plus today. I'm just sitting and waiting. Beech I've just returned from looking for investment properties from Sydney to Noosa...

G'day Steve, Buying $700,000 to $800,000 houses and renting them out for 5% gross rent return leaves a huge amount of $$$$$$$ that you have too make up in negative gearing. I have three rentals in Sydney . Value $1,100,000. Cost $846,000 three - four years ago. Can't afford to buy any...

My retirement weekly money would have to be $1,500 nett per week minimum. That's $78,000 nett earnings a year at 5% . So I would need $1,500,000 plus, in the "bank". Property alone isn't going to do the trick! The property is only going make the "kids" wealthy. You will need a hell of a lot of...