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From: Mike .
Second Investment Property
From: Eddy
Date: 5/19/00
Time: 9:32:56 AM
Hello fellow investors. I have a ? I have one investment property in Newcastle, a 2 bed. villa. Cost 120000 and returns 155pw. It is one of two villas on a standard block of land set amongst normal houses. The other villa has just come up for sale at 130000.
To my mind it would be great to buy the other unit, not only for tax purposes but because I would then own the total property. My partner however is a little more cautious as she believes that the r/estate market is slowing and we should wait. Any views would be appreciated. (keep up the articles, reading them keeps me busy for hours!)
Second Investment Property
From: Eddy
Date: 5/19/00
Time: 9:32:56 AM
Hello fellow investors. I have a ? I have one investment property in Newcastle, a 2 bed. villa. Cost 120000 and returns 155pw. It is one of two villas on a standard block of land set amongst normal houses. The other villa has just come up for sale at 130000.
To my mind it would be great to buy the other unit, not only for tax purposes but because I would then own the total property. My partner however is a little more cautious as she believes that the r/estate market is slowing and we should wait. Any views would be appreciated. (keep up the articles, reading them keeps me busy for hours!)
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