If your expenses are growing faster than the capital gains for 15 houses you must have some serious expenses or some minimal CG!
Serious expenses.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
If your expenses are growing faster than the capital gains for 15 houses you must have some serious expenses or some minimal CG!
Hi Ice,
May be you should have a talk (or a few beers) with the building inspector and see how you can turn this around? There must be a reason why he is so agro towards you.
Cheers,
Bazza
Hi Kathryn
I want to sell out of this area altogether, however that is proving to be impossible as the one & only building inspector gives routinely bad building reports so that the sales either fall through (& he can reproduce the same one many times for profit) or he quotes on & then does the jobs (again, for a hefty fee).
i make a large amount yearly through properties
Maybe it should be make a lot of money through selling property. You will always do this if you sell the best asset's but what would the point of that be?
Yep!
Why on earth would anyone sell their best performing assets?
1. I'm not sure if you are presently fully aware of all the investing risks associated in investing in the regional areas. Two of the investing gurus, Jan Somers and John FritzGerald have specifically written a chapter on this topic in their respective books, to warn their readers against investing in regional areas.
2. Among the many inherent risks involved, is the often un-spoken risks of minimal capital growth for regional properties with high rental yields and that regional properties tend to fail to maintain their market values during bad times.
our tenants decided to keep 2 (that's right, not one, but 2) alaskan malimous (sp?) (they're bloody great big white dogs - liek huskies).
Why is it that the loser element of society own the $1,000+ dog/s, smoke a carton of Winnie Blues a week, drink a slab of Vic a week, pump out 3 or 4 kids, buy a brand new tough car, spend a 3rd world country GDP on tatts?
They are the people who can least afford to do it, and continue to be renters for the rest of their lives?
D.A.D.S - Dumb As Dog Sh*t.
Oh well; I need tenants, so must be sympathetic and not judge, ay?
Why is it that the loser element of society own the..................
The person says, "I not Australian, I Vietnamese."
....though they don't like paying taxes....